VS
Compare iShares Core S&P/TSX Composite High Dividend Index ETF (XEI) vs iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ) to find the best fit for your portfolio. XEI provides Finance, Energy, and Utilities exposures, while CDZ is primarily weighted in Finance, Energy, and Industrials. When evaluating costs, XEI features a management fee (MER) of 0.2%, compared to 0.6% for CDZ. Performance-wise, XEI has returned 25.39% year-to-date with +$811 M in net flows, whereas CDZ is at 13.21% with +$9 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
XEI
CDZ
| AuM | $4,351.47 M | $1,218.95 M |
| Management Fees | 0.20% | 0.60% |
| Exp. ratio | 0.22% | 0.66% |
| Tracking Difference | -0.44% | -0.88% |
Historical performance and flows
As of September 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XEI | -0.54% | +1.41% | +25.39% | +34.96% | +90.30% |
CDZ | -3.02% | -0.97% | +13.21% | +18.00% | +72.49% | |
| Flows | XEI | +$48 M | +$199 M | +$811 M | +$1,134 M | +$1,663 M |
CDZ | -$19 M | +$7 M | +$9 M | +$37 M | -$91 M |
XEI vs CDZ exposure
Countries
XEI
Canada
92.89%
Other
7.11%
CDZ
Canada
97.47%
Sectors
XEI
Finance
36.75%
Energy
30.32%
Utilities
9.44%
Telecommunications
7.05%
Other
16.44%
CDZ
Finance
28.58%
Energy
19.61%
Industrials
14.55%
Utilities
9.21%
Consumer Non-Cyclicals
7.32%
Other
20.73%
As of September 11, 2026
Top 10 Holdings
XEI
Royal Bank of Canada
5.12%
Suncor Energy, Inc.
5.05%
The Toronto-Dominion Bank
5.04%
Canadian Natural Resources Ltd.
4.99%
Enbridge, Inc.
4.72%
TC Energy Corp.
4.54%
Bank of Montreal
4.37%
Nutrien Ltd.
4.09%
Canadian Imperial Bank of Commerce
3.80%
The Bank of Nova Scotia
3.77%
CDZ
South Bow Corp.
3.26%
Mullen Group Ltd.
2.78%
Gibson Energy, Inc.
2.72%
Westshore Terminals Investment Corp.
2.60%
TELUS Corp.
2.39%
Pembina Pipeline Corp.
2.24%
Enbridge, Inc.
2.22%
Canadian Natural Resources Ltd.
2.13%
CT Real Estate Investment Trust
2.05%
Sun Life Financial, Inc.
1.83%
Diversification
XEI
Total weight of top 10 holdings out of 75 total
45.49%
CDZ
Total weight of top 10 holdings out of 95 total
24.20%
Characteristics
Compare
XEI
CDZ
| Provider | iShares | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | S&P/TSX Composite High Dividend Total Return Index - CAD | S&P/TSX Canadian Dividend Aristocrats Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.46% | 3.06% |
| Meets ESG criteria | No | No |
| Inception Date | April 12, 2011 | September 8, 2006 |
Frequently asked questions about XEI and CDZ
Which ETF has performed better year to date: XEI or CDZ?
As of September 11, 2026, XEI has returned 25.39% year to date, while CDZ has returned 13.21%. XEI is ahead on YTD performance.
Which ETF is larger by assets under management: XEI or CDZ?
As of September 11, 2026, XEI manages $4.35 B in assets, while CDZ manages $1.22 B. XEI is the larger fund by AUM.
How are XEI and CDZ managed?
XEI is passively managed by iShares. It tracks the S&P/TSX Composite High Dividend Total Return Index - CAD benchmark. CDZ is passively managed by iShares. It tracks the S&P/TSX Canadian Dividend Aristocrats Total Return Index - CAD benchmark.
What sectors do XEI and CDZ emphasize?
XEI is most exposed to Finance, Energy, and Utilities. CDZ is most exposed to Finance, Energy, and Industrials.
Which ETF is attracting more investor flows: XEI or CDZ?
Year to date, XEI has seen +$810.69 M in net flows, compared with +$8.62 M for CDZ. XEI has attracted more net investor money so far.
How do the fees of XEI and CDZ compare?
XEI has an expense ratio of 0.22%, while CDZ has an expense ratio of 0.66%.
What are the top holdings of XEI and CDZ?
XEI's largest holdings include Royal Bank of Canada, Suncor Energy, Inc., and The Toronto-Dominion Bank. CDZ's top holdings include South Bow Corp., Mullen Group Ltd., and Gibson Energy, Inc..
Which ETF is more diversified: XEI or CDZ?
XEI holds 75 securities, while CDZ holds 95. On holdings count, CDZ is the more diversified portfolio.
Recent articles about XEI and CDZ
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