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 Financials, Energy, and Utilities exposures, while CDZ is primarily weighted in Energy, Financials, 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 22.87% year-to-date with +$612 M in net flows, whereas CDZ is at 13.51% with +$1 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 | $4,105.25 M | $1,224.40 M |
| Management Fees | 0.20% | 0.60% |
| Exp. ratio | 0.22% | 0.66% |
| Tracking Difference | -0.50% | -0.96% |
Historical performance and flows
As of June 10, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XEI | +3.89% | +11.20% | +22.87% | +44.29% | +85.10% |
CDZ | +3.22% | +7.05% | +13.51% | +27.66% | +70.57% | |
| Flows | XEI | +$109 M | +$344 M | +$612 M | +$1,201 M | +$1,458 M |
CDZ | +$9 M | +$22 M | +$1 M | +$37 M | -$116 M |
XEI vs CDZ exposure
Countries
XEI
Canada
96.91%
CDZ
Canada
99.73%
Sectors
XEI
Financials
30.66%
Energy
29.96%
Utilities
12.63%
Communication Services
7.60%
Other
19.16%
CDZ
Energy
18.30%
Financials
16.34%
Industrials
13.08%
Utilities
10.28%
Other
7.64%
Communication Services
7.50%
Other
26.85%
As of June 10, 2026
Top 10 Holdings
XEI
SUNCOR ENERGY
5.54%
TORONTO DOMINION
5.28%
ROYAL BK CANADA
5.13%
TC ENERGY CORP
5.00%
ENBRIDGE
4.87%
CDN NATURAL RESOURCE
4.75%
NUTRIEN LTD
4.38%
BANK OF MONTREAL
4.18%
CDN IMPERIAL BK
4.03%
BNS
3.73%
CDZ
CA83671M1059
3.05%
TELUS
2.84%
GIBSON ENERGY
2.65%
WESTSHORE TERMINALS INVESTMENT
2.44%
ENBRIDGE
2.27%
MULLEN GROUP
2.20%
CDN NATURAL RESOURCE
2.20%
PEMBINA PIPELINE
2.12%
CT REIT UNITS
2.03%
TOPAZ ENERGY
1.85%
Diversification
XEI
Total weight of top 10 holdings out of 75 total
46.88%
CDZ
Total weight of top 10 holdings out of 96 total
23.64%
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 | 3.54% | 3.07% |
| 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 June 10, 2026, XEI has returned 22.87% year to date, while CDZ has returned 13.51%. XEI is ahead on YTD performance.
Which ETF is larger by assets under management: XEI or CDZ?
As of June 10, 2026, XEI manages $4.11 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 Financials, Energy, and Utilities. CDZ is most exposed to Energy, Financials, and Industrials.
Which ETF is attracting more investor flows: XEI or CDZ?
Year to date, XEI has seen +$611.69 M in net flows, compared with +$1.45 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 SUNCOR ENERGY, TORONTO DOMINION, and ROYAL BK CANADA. CDZ's top holdings include TELUS and GIBSON ENERGY.
Which ETF is more diversified: XEI or CDZ?
XEI holds 71 securities, while CDZ holds 89. On holdings count, CDZ is the more diversified portfolio.
Recent articles about XEI and CDZ
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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