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Compare iShares Canadian Select Dividend Index ETF (XDV) vs Franklin Canadian Low Volatility High Dividend Index ETF (FLVC) to find the best fit for your portfolio. XDV and FLVC provide the same top sector exposures: Finance, Utilities, and Energy. When evaluating costs, XDV features a management fee (MER) of 0.5%, compared to 0.15% for FLVC. Performance-wise, XDV has returned 22.98% year-to-date with +$14 M in net flows, whereas FLVC is at 18.11% with +$2 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
XDV
FLVC
| AuM | $2,609.09 M | $30.22 M |
| Management Fees | 0.50% | 0.15% |
| Exp. ratio | 0.55% | 0.16% |
| Tracking Difference | -0.92% | 3.42% |
Historical performance and flows
As of September 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XDV | -1.83% | +3.23% | +22.98% | +36.92% | +103.78% |
FLVC | -2.08% | +3.16% | +18.11% | +27.98% | - | |
| Flows | XDV | +$0 M | +$14 M | +$14 M | +$56 M | -$59 M |
FLVC | -$14 M | -$26 M | +$2 M | -$31 M | - |
XDV vs FLVC exposure
Countries
XDV
Canada
99.77%
FLVC
Canada
100.00%
Sectors
XDV
Finance
54.07%
Utilities
10.85%
Energy
10.44%
Consumer Non-Cyclicals
9.48%
Other
15.15%
FLVC
Finance
42.85%
Utilities
10.62%
Energy
9.59%
Consumer Non-Cyclicals
8.58%
Industrials
8.16%
Telecommunications
7.12%
Other
13.08%
As of September 11, 2026
Top 10 Holdings
XDV
Royal Bank of Canada
8.81%
Bank of Montreal
8.66%
Canadian Tire Corp. Ltd.
7.91%
The Toronto-Dominion Bank
5.56%
The Bank of Nova Scotia
5.51%
Canadian Imperial Bank of Commerce
5.30%
Sun Life Financial, Inc.
4.93%
Great-West Lifeco, Inc.
4.03%
TC Energy Corp.
3.94%
Power Corp of Canada
3.46%
FLVC
Power Corp of Canada
5.65%
Royal Bank of Canada
5.43%
Bank of Montreal
5.41%
Canadian National Railway Co.
5.38%
Sun Life Financial, Inc.
5.38%
The Bank of Nova Scotia
5.28%
Manulife Financial Corp.
5.25%
National Bank of Canada
4.99%
Suncor Energy, Inc.
4.21%
Fortis, Inc.
4.15%
Diversification
XDV
Total weight of top 10 holdings out of 30 total
58.12%
FLVC
Total weight of top 10 holdings out of 45 total
51.12%
Characteristics
Compare
XDV
FLVC
| Provider | iShares | Franklin Templeton |
| Management | Passively managed | Passively managed |
| Benchmark | Dow Jones Canada Select Dividend Total Return Index - CAD | Franklin Canadian Low Volatility High Dividend Index NTR - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.38% | 4.85% |
| Meets ESG criteria | No | No |
| Inception Date | December 19, 2005 | March 28, 2024 |
Frequently asked questions about XDV and FLVC
Which ETF has performed better year to date: XDV or FLVC?
As of September 11, 2026, XDV has returned 22.98% year to date, while FLVC has returned 18.11%. XDV is ahead on YTD performance.
Which ETF is larger by assets under management: XDV or FLVC?
As of September 11, 2026, XDV manages $2.61 B in assets, while FLVC manages $30.22 M. XDV is the larger fund by AUM.
How are XDV and FLVC managed?
XDV is passively managed by iShares. It tracks the Dow Jones Canada Select Dividend Total Return Index - CAD benchmark. FLVC is passively managed by Franklin Templeton. It tracks the Franklin Canadian Low Volatility High Dividend Index NTR - CAD benchmark.
What sectors do XDV and FLVC emphasize?
XDV is most exposed to Finance, Utilities, and Energy. FLVC is most exposed to Finance, Utilities, and Energy.
Which ETF is attracting more investor flows: XDV or FLVC?
Year to date, XDV has seen +$14.46 M in net flows, compared with +$1.53 M for FLVC. XDV has attracted more net investor money so far.
How do the fees of XDV and FLVC compare?
XDV has an expense ratio of 0.55%, while FLVC has an expense ratio of 0.16%.
What are the top holdings of XDV and FLVC?
XDV's largest holdings include Royal Bank of Canada, Bank of Montreal, and Canadian Tire Corp. Ltd.. FLVC's top holdings include Power Corp of Canada, Royal Bank of Canada, and Bank of Montreal.
Which ETF is more diversified: XDV or FLVC?
XDV holds 30 securities, while FLVC holds 45. On holdings count, FLVC is the more diversified portfolio.
Recent articles about XDV and FLVC
Looking for higher income and lower volatility? These Franklin Templeton ETFs may help
Franklin Templeton’s Low-Volatility High Dividend ETFs provide Canadian investors exposure to high dividend stocks with lower volatility, suited for economic cycles' ups and downs.
Posted on 10/10/2024 by Kyle Anthony inStock Market
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