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Compare iShares Core S&P/TSX Composite High Dividend Index ETF (XEI) vs iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV) to find the best fit for your portfolio. XEI and XDIV provide the same top sector exposures: Finance, Energy, and Utilities. When evaluating costs, XEI features a management fee (MER) of 0.2%, compared to 0.1% for XDIV. Performance-wise, XEI has returned 25.39% year-to-date with +$811 M in net flows, whereas XDIV is at 27.75% 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
XEI
XDIV
| AuM | $4,351.47 M | $6,181.05 M |
| Management Fees | 0.20% | 0.10% |
| Exp. ratio | 0.22% | 0.11% |
| Tracking Difference | -0.44% | 1.00% |
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% |
XDIV | +0.37% | +5.40% | +27.75% | +40.53% | +110.72% | |
| Flows | XEI | +$48 M | +$199 M | +$811 M | +$1,134 M | +$1,663 M |
XDIV | +$100 M | +$448 M | +$1,375 M | +$1,911 M | +$3,448 M |
XEI vs XDIV exposure
Countries
XEI
Canada
92.89%
Other
7.11%
XDIV
Canada
95.43%
Sectors
XEI
Finance
36.75%
Energy
30.32%
Utilities
9.44%
Telecommunications
7.05%
Other
16.44%
XDIV
Finance
47.81%
Energy
28.87%
Utilities
9.39%
Other
13.94%
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%
XDIV
Manulife Financial Corp.
9.89%
Royal Bank of Canada
9.62%
The Toronto-Dominion Bank
9.33%
Sun Life Financial, Inc.
8.48%
Suncor Energy, Inc.
8.06%
Canadian Natural Resources Ltd.
8.04%
Power Corp of Canada
6.54%
Pembina Pipeline Corp.
5.41%
Fortis, Inc.
5.40%
Restaurant Brands International, Inc.
4.41%
Diversification
XEI
Total weight of top 10 holdings out of 75 total
45.49%
XDIV
Total weight of top 10 holdings out of 21 total
75.18%
Characteristics
Compare
XEI
XDIV
| Provider | iShares | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | S&P/TSX Composite High Dividend Total Return Index - CAD | MSCI Canada High Dividend Yield 10% Security Capped Net Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.46% | 3.11% |
| Meets ESG criteria | No | No |
| Inception Date | April 12, 2011 | June 7, 2017 |
Frequently asked questions about XEI and XDIV
Which ETF has performed better year to date: XEI or XDIV?
As of September 11, 2026, XEI has returned 25.39% year to date, while XDIV has returned 27.75%. XDIV is ahead on YTD performance.
Which ETF is larger by assets under management: XEI or XDIV?
As of September 11, 2026, XEI manages $4.35 B in assets, while XDIV manages $6.18 B. XDIV is the larger fund by AUM.
How are XEI and XDIV managed?
XEI is passively managed by iShares. It tracks the S&P/TSX Composite High Dividend Total Return Index - CAD benchmark. XDIV is passively managed by iShares. It tracks the MSCI Canada High Dividend Yield 10% Security Capped Net Total Return Index - CAD benchmark.
What sectors do XEI and XDIV emphasize?
XEI is most exposed to Finance, Energy, and Utilities. XDIV is most exposed to Finance, Energy, and Utilities.
Which ETF is attracting more investor flows: XEI or XDIV?
Year to date, XEI has seen +$810.69 M in net flows, compared with +$1,374.70 M for XDIV. XDIV has attracted more net investor money so far.
How do the fees of XEI and XDIV compare?
XEI has an expense ratio of 0.22%, while XDIV has an expense ratio of 0.11%.
What are the top holdings of XEI and XDIV?
XEI's largest holdings include Royal Bank of Canada, Suncor Energy, Inc., and The Toronto-Dominion Bank. XDIV's top holdings include Manulife Financial Corp., Royal Bank of Canada, and The Toronto-Dominion Bank.
Which ETF is more diversified: XEI or XDIV?
XEI holds 75 securities, while XDIV holds 21. On holdings count, XEI is the more diversified portfolio.
Recent articles about XEI and XDIV
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