VS
Compare iShares Canadian Select Dividend Index ETF (XDV) vs iShares Canadian Value Index ETF (XCV) to find the best fit for your portfolio. XDV provides Financials, Energy, and Consumer Discretionary exposures, while XCV is primarily weighted in Financials, Energy, and Materials. When evaluating costs, XDV features a management fee (MER) of 0.5%, compared to 0.5% for XCV. Performance-wise, XDV has returned 20.12% year-to-date with +$0 M in net flows, whereas XCV is at 22.66% with +$107 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
XCV
| AuM | $2,557.74 M | $244.56 M |
| Management Fees | 0.50% | 0.50% |
| Exp. ratio | 0.55% | 0.55% |
| Tracking Difference | -0.95% | -0.98% |
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% |
XCV | +6.00% | +15.55% | +22.66% | +52.03% | +120.90% | |
| Flows | XDV | -$9 M | +$12 M | +$0 M | +$40 M | -$92 M |
XCV | -$6 M | +$92 M | +$107 M | +$112 M | +$75 M |
XDV vs XCV exposure
Countries
XDV
Canada
99.64%
XCV
Canada
99.77%
Sectors
XDV
Financials
51.33%
Energy
11.77%
Consumer Discretionary
11.22%
Utilities
10.97%
Communication Services
7.44%
Other
7.27%
XCV
Financials
59.58%
Energy
27.80%
Other
12.62%
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%
XCV
TORONTO DOMINION
10.40%
ROYAL BK CANADA
10.09%
ENBRIDGE
7.87%
BANK OF MONTREAL
6.99%
CDN IMPERIAL BK
6.74%
CDN NATURAL RESOURCE
6.46%
BNS
6.24%
SUNCOR ENERGY
5.30%
TC ENERGY CORP
4.54%
MANULIFE-S
4.29%
Diversification
XDV
Total weight of top 10 holdings out of 30 total
56.51%
XCV
Total weight of top 10 holdings out of 35 total
68.90%
Characteristics
Compare
XDV
XCV
| Provider | iShares | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | Dow Jones Canada Select Dividend Total Return Index - CAD | Dow Jones Canada Select Value Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.26% | 2.23% |
| Meets ESG criteria | No | No |
| Inception Date | December 19, 2005 | November 6, 2006 |
Frequently asked questions about XDV and XCV
Which ETF has performed better year to date: XDV or XCV?
As of June 12, 2026, XDV has returned 20.12% year to date, while XCV has returned 22.66%. XCV is ahead on YTD performance.
Which ETF is larger by assets under management: XDV or XCV?
As of June 12, 2026, XDV manages $2.56 B in assets, while XCV manages $244.56 M. XDV is the larger fund by AUM.
How are XDV and XCV managed?
XDV is passively managed by iShares. It tracks the Dow Jones Canada Select Dividend Total Return Index - CAD benchmark. XCV is passively managed by iShares. It tracks the Dow Jones Canada Select Value Total Return Index - CAD benchmark.
What sectors do XDV and XCV emphasize?
XDV is most exposed to Financials, Energy, and Consumer Discretionary. XCV is most exposed to Financials, Energy, and Materials.
Which ETF is attracting more investor flows: XDV or XCV?
Year to date, XDV has seen +$0.27 M in net flows, compared with +$107.46 M for XCV. XCV has attracted more net investor money so far.
How do the fees of XDV and XCV compare?
XDV has an expense ratio of 0.55%, while XCV has an expense ratio of 0.55%.
What are the top holdings of XDV and XCV?
XDV's largest holdings include ROYAL BK CANADA, CANADIAN TIRE, and BANK OF MONTREAL. XCV's top holdings include TORONTO DOMINION, ROYAL BK CANADA, and ENBRIDGE.
Which ETF is more diversified: XDV or XCV?
XDV holds 30 securities, while XCV holds 35. On holdings count, XCV is the more diversified portfolio.
Recent articles about XDV and XCV
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All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.