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Compare iShares Canadian Select Dividend Index ETF (XDV) vs Invesco Canadian Dividend Index ETF (PDC) to find the best fit for your portfolio. XDV provides Financials, Energy, and Consumer Discretionary exposures, while PDC is primarily weighted in Financials, Energy, and Utilities. When evaluating costs, XDV features a management fee (MER) of 0.5%, compared to 0.5% for PDC. Performance-wise, XDV has returned 20.12% year-to-date with +$0 M in net flows, whereas PDC is at 21.8% with -$38 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
PDC
| AuM | $2,557.74 M | $1,050.26 M |
| Management Fees | 0.50% | 0.50% |
| Exp. ratio | 0.55% | 0.54% |
| Tracking Difference | -0.95% | -0.88% |
Historical performance and flows
As of June 12, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XDV | +6.39% | +14.43% | +20.12% | +43.60% | +95.12% |
PDC | +5.75% | +11.93% | +21.80% | +43.03% | +88.09% | |
| Flows | XDV | -$9 M | +$12 M | +$0 M | +$40 M | -$92 M |
PDC | +$2 M | -$0 M | -$38 M | -$61 M | -$197 M |
XDV vs PDC exposure
Countries
XDV
Canada
99.64%
PDC
Canada
96.22%
Sectors
XDV
Financials
51.33%
Energy
11.77%
Consumer Discretionary
11.22%
Utilities
10.97%
Communication Services
7.44%
Other
7.27%
PDC
Financials
43.93%
Energy
21.46%
Utilities
12.41%
Other
22.19%
As of June 12, 2026
Top 10 Holdings
XDV
ROYAL BK CANADA
8.14%
CANADIAN TIRE
8.04%
BANK OF MONTREAL
7.97%
CDN IMPERIAL BK
5.40%
TORONTO DOMINION
5.40%
BNS
5.27%
SUN LIFE FINL
4.63%
TC ENERGY CORP
4.20%
COGECO COMMUNICATIONS INC
3.92%
GREAT WEST LIFECO
3.55%
PDC
TORONTO DOMINION
8.46%
CDN IMPERIAL BK
8.43%
BANK OF MONTREAL
8.13%
ENBRIDGE
7.93%
BNS
7.88%
CDN NATURAL RESOURCE
4.26%
SUN LIFE FINL
4.25%
MANULIFE-S
4.23%
PEMBINA PIPELINE
3.91%
NUTRIEN LTD
3.89%
Diversification
XDV
Total weight of top 10 holdings out of 30 total
56.51%
PDC
Total weight of top 10 holdings out of 45 total
61.36%
Characteristics
Compare
XDV
PDC
| Provider | iShares | Invesco |
| Management | Passively managed | Passively managed |
| Benchmark | Dow Jones Canada Select Dividend Total Return Index - CAD | NASDAQ Select Canadian Dividend Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.26% | 3.19% |
| Meets ESG criteria | No | No |
| Inception Date | December 19, 2005 | June 16, 2011 |
Frequently asked questions about XDV and PDC
Which ETF has performed better year to date: XDV or PDC?
As of June 12, 2026, XDV has returned 20.12% year to date, while PDC has returned 21.80%. PDC is ahead on YTD performance.
Which ETF is larger by assets under management: XDV or PDC?
As of June 12, 2026, XDV manages $2.56 B in assets, while PDC manages $1.05 B. XDV is the larger fund by AUM.
How are XDV and PDC managed?
XDV is passively managed by iShares. It tracks the Dow Jones Canada Select Dividend Total Return Index - CAD benchmark. PDC is passively managed by Invesco. It tracks the NASDAQ Select Canadian Dividend Total Return Index - CAD benchmark.
What sectors do XDV and PDC emphasize?
XDV is most exposed to Financials, Energy, and Consumer Discretionary. PDC is most exposed to Financials, Energy, and Utilities.
Which ETF is attracting more investor flows: XDV or PDC?
Year to date, XDV has seen +$0.27 M in net flows, compared with -$37.58 M for PDC. XDV has attracted more net investor money so far.
How do the fees of XDV and PDC compare?
XDV has an expense ratio of 0.55%, while PDC has an expense ratio of 0.54%.
What are the top holdings of XDV and PDC?
XDV's largest holdings include ROYAL BK CANADA, CANADIAN TIRE, and BANK OF MONTREAL. PDC's top holdings include TORONTO DOMINION, CDN IMPERIAL BK, and BANK OF MONTREAL.
Which ETF is more diversified: XDV or PDC?
XDV holds 30 securities, while PDC holds 42. On holdings count, PDC is the more diversified portfolio.
Recent articles about XDV and PDC
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