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Compare iShares Canadian Select Dividend Index ETF (XDV) vs Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY) to find the best fit for your portfolio. XDV provides Financials, Energy, and Consumer Discretionary exposures, while VDY is primarily weighted in Financials, Energy, and Utilities. When evaluating costs, XDV features a management fee (MER) of 0.5%, compared to 0.2% for VDY. Performance-wise, XDV has returned 20.12% year-to-date with +$0 M in net flows, whereas VDY is at 23.5% with +$1 B. 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
VDY
| AuM | $2,557.74 M | $8,391.90 M |
| Management Fees | 0.50% | 0.20% |
| Exp. ratio | 0.55% | 0.22% |
| Tracking Difference | -0.95% | -0.03% |
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% |
VDY | +4.74% | +14.07% | +23.50% | +51.54% | +113.73% | |
| Flows | XDV | -$9 M | +$12 M | +$0 M | +$40 M | -$92 M |
VDY | +$273 M | +$844 M | +$1,447 M | +$2,336 M | +$3,425 M |
XDV vs VDY exposure
Countries
XDV
Canada
99.64%
VDY
Canada
99.63%
Sectors
XDV
Financials
51.33%
Energy
11.77%
Consumer Discretionary
11.22%
Utilities
10.97%
Communication Services
7.44%
Other
7.27%
VDY
Financials
54.77%
Energy
29.54%
Other
15.68%
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%
VDY
ROYAL BK CANADA
14.42%
TORONTO DOMINION
10.36%
ENBRIDGE
6.92%
BANK OF MONTREAL
6.18%
CDN IMPERIAL BK
6.00%
CDN NATURAL RESOURCE
5.58%
BNS
5.56%
SUNCOR ENERGY
4.72%
TC ENERGY CORP
3.99%
MANULIFE-S
3.78%
Diversification
XDV
Total weight of top 10 holdings out of 30 total
56.51%
VDY
Total weight of top 10 holdings out of 61 total
67.51%
Characteristics
Compare
XDV
VDY
| Provider | iShares | Vanguard |
| Management | Passively managed | Passively managed |
| Benchmark | Dow Jones Canada Select Dividend Total Return Index - CAD | FTSE Canada High Dividend Yield Net Tax Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.26% | 3.04% |
| Meets ESG criteria | No | No |
| Inception Date | December 19, 2005 | November 2, 2012 |
Frequently asked questions about XDV and VDY
Which ETF has performed better year to date: XDV or VDY?
As of June 12, 2026, XDV has returned 20.12% year to date, while VDY has returned 23.50%. VDY is ahead on YTD performance.
Which ETF is larger by assets under management: XDV or VDY?
As of June 12, 2026, XDV manages $2.56 B in assets, while VDY manages $8.39 B. VDY is the larger fund by AUM.
How are XDV and VDY managed?
XDV is passively managed by iShares. It tracks the Dow Jones Canada Select Dividend Total Return Index - CAD benchmark. VDY is passively managed by Vanguard. It tracks the FTSE Canada High Dividend Yield Net Tax Index - CAD benchmark.
What sectors do XDV and VDY emphasize?
XDV is most exposed to Financials, Energy, and Consumer Discretionary. VDY is most exposed to Financials, Energy, and Utilities.
Which ETF is attracting more investor flows: XDV or VDY?
Year to date, XDV has seen +$0.27 M in net flows, compared with +$1,446.98 M for VDY. VDY has attracted more net investor money so far.
How do the fees of XDV and VDY compare?
XDV has an expense ratio of 0.55%, while VDY has an expense ratio of 0.22%.
What are the top holdings of XDV and VDY?
XDV's largest holdings include ROYAL BK CANADA, CANADIAN TIRE, and BANK OF MONTREAL. VDY's top holdings include ROYAL BK CANADA, TORONTO DOMINION, and ENBRIDGE.
Which ETF is more diversified: XDV or VDY?
XDV holds 30 securities, while VDY holds 58. On holdings count, VDY is the more diversified portfolio.
Recent articles about XDV and VDY
ETF Comparison: VDY vs XEI
Sector exposure, diversification, and tracking efficiency separate these two dividend ETF heavyweights.
Posted on 6/1/2026 by Kyle Anthony inDividends
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