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Compare iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV) vs iShares Core S&P/TSX Composite High Dividend Index ETF (XEI) to find the best fit for your portfolio. XDIV and XEI provide the same top sector exposures: Finance, Energy, and Utilities. When evaluating costs, XDIV features a management fee (MER) of 0.1%, compared to 0.2% for XEI. Performance-wise, XDIV has returned 29% year-to-date with +$1 B in net flows, whereas XEI is at 28.77% with +$735 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
XDIV
XEI
| AuM | $6,148.66 M | $4,403.90 M |
| Management Fees | 0.10% | 0.20% |
| Exp. ratio | 0.11% | 0.22% |
| Tracking Difference | 1.06% | -0.49% |
Historical performance and flows
As of July 30, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XDIV | +6.31% | +11.67% | +29.00% | +48.11% | +107.44% |
XEI | +4.87% | +8.43% | +28.77% | +45.71% | +91.23% | |
| Flows | XDIV | +$220 M | +$598 M | +$1,266 M | +$1,951 M | +$3,362 M |
XEI | +$72 M | +$273 M | +$735 M | +$1,186 M | +$1,611 M |
XDIV vs XEI exposure
Countries
XDIV
Canada
95.06%
XEI
Canada
92.60%
Other
7.40%
Sectors
XDIV
Finance
49.31%
Energy
26.65%
Utilities
9.91%
Other
14.13%
XEI
Finance
37.99%
Energy
28.67%
Utilities
9.96%
Telecommunications
7.34%
Other
16.05%
As of July 30, 2026
Top 10 Holdings
XDIV
Royal Bank of Canada
10.18%
The Toronto-Dominion Bank
10.17%
Manulife Financial Corp.
9.67%
Sun Life Financial, Inc.
8.63%
Canadian Natural Resources Ltd.
7.23%
Suncor Energy, Inc.
6.97%
Power Corp of Canada
6.62%
Fortis, Inc.
5.77%
Pembina Pipeline Corp.
5.34%
Restaurant Brands International, Inc.
4.62%
XEI
The Toronto-Dominion Bank
5.41%
Royal Bank of Canada
5.33%
Enbridge, Inc.
4.88%
TC Energy Corp.
4.67%
Bank of Montreal
4.58%
Canadian Natural Resources Ltd.
4.42%
Suncor Energy, Inc.
4.30%
The Bank of Nova Scotia
3.95%
Canadian Imperial Bank of Commerce
3.92%
Nutrien Ltd.
3.85%
Diversification
XDIV
Total weight of top 10 holdings out of 21 total
75.19%
XEI
Total weight of top 10 holdings out of 75 total
45.31%
Characteristics
Compare
XDIV
XEI
| Provider | iShares | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | MSCI Canada High Dividend Yield 10% Security Capped Net Total Return Index - CAD | S&P/TSX Composite High Dividend Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.06% | 3.35% |
| Meets ESG criteria | No | No |
| Inception Date | June 7, 2017 | April 12, 2011 |
Frequently asked questions about XDIV and XEI
Which ETF has performed better year to date: XDIV or XEI?
As of July 30, 2026, XDIV has returned 29.00% year to date, while XEI has returned 28.77%. XDIV is ahead on YTD performance.
Which ETF is larger by assets under management: XDIV or XEI?
As of July 30, 2026, XDIV manages $6.15 B in assets, while XEI manages $4.40 B. XDIV is the larger fund by AUM.
How are XDIV and XEI managed?
XDIV is passively managed by iShares. It tracks the MSCI Canada High Dividend Yield 10% Security Capped Net Total Return Index - CAD benchmark. XEI is passively managed by iShares. It tracks the S&P/TSX Composite High Dividend Total Return Index - CAD benchmark.
What sectors do XDIV and XEI emphasize?
XDIV is most exposed to Finance, Energy, and Utilities. XEI is most exposed to Finance, Energy, and Utilities.
Which ETF is attracting more investor flows: XDIV or XEI?
Year to date, XDIV has seen +$1,265.93 M in net flows, compared with +$734.85 M for XEI. XDIV has attracted more net investor money so far.
How do the fees of XDIV and XEI compare?
XDIV has an expense ratio of 0.11%, while XEI has an expense ratio of 0.22%.
What are the top holdings of XDIV and XEI?
XDIV's largest holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Manulife Financial Corp.. XEI's top holdings include The Toronto-Dominion Bank, Royal Bank of Canada, and Enbridge, Inc..
Which ETF is more diversified: XDIV or XEI?
XDIV holds 21 securities, while XEI holds 75. On holdings count, XEI is the more diversified portfolio.
Recent articles about XDIV and XEI
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