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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 provides Financials, Energy, and Utilities exposures, while XEI is primarily weighted in Energy, Financials, 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 11.89% year-to-date with +$635 M in net flows, whereas XEI is at 15.55% with +$458 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 | $4,802.68 M | $3,736.38 M |
| Management Fees | 0.10% | 0.20% |
| Exp. ratio | 0.11% | 0.22% |
| Tracking Difference | 1.11% | -0.45% |
Historical performance and flows
As of April 24, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XDIV | +5.01% | +10.16% | +11.89% | +39.32% | +81.73% |
XEI | +2.65% | +11.71% | +15.55% | +44.60% | +67.49% | |
| Flows | XDIV | +$185 M | +$494 M | +$635 M | +$1,708 M | +$2,754 M |
XEI | +$158 M | +$382 M | +$458 M | +$1,132 M | +$1,312 M |
XDIV vs XEI exposure
Countries
XDIV
Canada
99.74%
XEI
Canada
96.46%
Sectors
XDIV
Financials
44.40%
Energy
30.05%
Utilities
12.04%
Consumer Discretionary
11.40%
XEI
Energy
30.63%
Financials
28.55%
Utilities
13.11%
Communication Services
8.43%
Other
19.28%
As of April 24, 2026
Top 10 Holdings
XDIV
SUNCOR ENERGY
10.68%
TORONTO DOMINION
8.70%
ROYAL BK CANADA
8.50%
MANULIFE-S
8.25%
SUN LIFE FINL
8.23%
FORTIS
6.99%
POWER CORPORATION OF CANADA
6.59%
PEMBINA PIPELINE
6.45%
RESTAURANT BRANDS INTL
6.04%
TOURMALINE OIL
4.36%
XEI
SUNCOR ENERGY
5.68%
CDN NATURAL RESOURCE
5.16%
ENBRIDGE
5.05%
TC ENERGY CORP
4.96%
ROYAL BK CANADA
4.90%
TORONTO DOMINION
4.87%
NUTRIEN LTD
4.63%
BANK OF MONTREAL
3.95%
CDN IMPERIAL BK
3.63%
FORTIS
3.60%
Diversification
XDIV
Total weight of top 10 holdings out of 21 total
74.80%
XEI
Total weight of top 10 holdings out of 75 total
46.43%
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 | 3.47% | 3.84% |
| 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 April 24, 2026, XDIV has returned 11.89% year to date, while XEI has returned 15.55%. XEI is ahead on YTD performance.
Which ETF is larger by assets under management: XDIV or XEI?
As of April 24, 2026, XDIV manages $4.80 B in assets, while XEI manages $3.74 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 Financials, Energy, and Utilities. XEI is most exposed to Energy, Financials, and Utilities.
Which ETF is attracting more investor flows: XDIV or XEI?
Year to date, XDIV has seen +$634.81 M in net flows, compared with +$457.87 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 SUNCOR ENERGY, TORONTO DOMINION, and ROYAL BK CANADA. XEI's top holdings include SUNCOR ENERGY, CDN NATURAL RESOURCE, and ENBRIDGE.
Which ETF is more diversified: XDIV or XEI?
XDIV holds 21 securities, while XEI holds 71. On holdings count, XEI is the more diversified portfolio.
Recent articles about XDIV and XEI
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