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iShares Core Equity ETF (XEQT) and iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV) offer distinct profiles for Canadian ETF investors. A direct comparison shows that XEQT focuses its top 3 sector exposures on Information Technology, Financials, and Industrials, while XDIV leans towards Financials, Energy, and Utilities. When evaluating costs, XEQT features a management fee (MER) of 0.18%, compared to 0.1% for XDIV. Performance-wise, XEQT has returned 6.57% year-to-date with +$4 B in net flows, whereas XDIV is at 15.19% with +$703 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
XEQT
XDIV
| AuM | $16,664.29 M | $4,999.04 M |
| Management Fees | 0.18% | 0.10% |
| Exp. ratio | 0.20% | 0.11% |
| Tracking Difference | - | 1.16% |
Historical performance and flows
As of May 1, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XEQT | +4.86% | +3.46% | +6.57% | +30.80% | +72.66% |
XDIV | +6.73% | +13.41% | +15.19% | +42.20% | +85.63% | |
| Flows | XEQT | +$656 M | +$2,478 M | +$3,600 M | +$6,998 M | +$11,719 M |
XDIV | +$228 M | +$526 M | +$703 M | +$1,756 M | +$2,822 M |
XEQT vs XDIV exposure
Countries
XEQT
USA
41.95%
Canada
26.03%
Other
32.02%
XDIV
Canada
99.74%
Sectors
XEQT
Information Technology
19.08%
Financials
18.45%
Industrials
10.70%
Energy
7.76%
Consumer Discretionary
7.73%
Other
7.44%
Other
28.84%
XDIV
Financials
44.40%
Energy
30.05%
Utilities
12.04%
Consumer Discretionary
11.40%
As of May 1, 2026
Top 10 Holdings
XEQT
NVIDIA
2.89%
APPLE
2.54%
MICROSOFT-T
1.88%
ROYAL BK CANADA
1.76%
AMAZON.COM INC
1.39%
TORONTO DOMINION
1.22%
ALPHABET INC-CL
1.14%
SHOPIFY SUBORDINATE VOTING
1.13%
BROADCOM LIMITED
1.00%
ENBRIDGE
0.92%
XDIV
SUNCOR ENERGY
10.68%
TORONTO DOMINION
8.70%
ROYAL BK CANADA
8.50%
MANULIFE-S
8.25%
SUN LIFE FINL
8.23%
FORTIS
6.99%
POWER CORPORATION OF CANADA
6.59%
PEMBINA PIPELINE
6.45%
RESTAURANT BRANDS INTL
6.04%
TOURMALINE OIL
4.36%
Diversification
XEQT
Total weight of top 10 holdings out of 8,328 total
15.88%
XDIV
Total weight of top 10 holdings out of 21 total
74.80%
Characteristics
Compare
XEQT
XDIV
| Provider | iShares | iShares |
| Management | Actively managed | Passively managed |
| Benchmark | - | MSCI Canada High Dividend Yield 10% Security Capped Net Total Return Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.57% | 3.39% |
| Meets ESG criteria | No | No |
| Inception Date | August 7, 2019 | June 7, 2017 |
Frequently asked questions about XEQT and XDIV
Which ETF has performed better year to date: XEQT or XDIV?
As of May 1, 2026, XEQT has returned 6.57% year to date, while XDIV has returned 15.19%. XDIV is ahead on YTD performance.
Which ETF is larger by assets under management: XEQT or XDIV?
As of May 1, 2026, XEQT manages $16.66 B in assets, while XDIV manages $5.00 B. XEQT is the larger fund by AUM.
How are XEQT and XDIV managed?
XEQT is actively managed by iShares. It does not track an index. 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 XEQT and XDIV emphasize?
XEQT is most exposed to Information Technology, Financials, and Industrials. XDIV is most exposed to Financials, Energy, and Utilities.
Which ETF is attracting more investor flows: XEQT or XDIV?
Year to date, XEQT has seen +$3,599.94 M in net flows, compared with +$703.42 M for XDIV. XEQT has attracted more net investor money so far.
How do the fees of XEQT and XDIV compare?
XEQT has an expense ratio of 0.20%, while XDIV has an expense ratio of 0.11%.
What are the top holdings of XEQT and XDIV?
XEQT's largest holdings include NVIDIA and APPLE. XDIV's top holdings include SUNCOR ENERGY, TORONTO DOMINION, and ROYAL BK CANADA.
Which ETF is more diversified: XEQT or XDIV?
XEQT holds 7453 securities, while XDIV holds 21. On holdings count, XEQT is the more diversified portfolio.
Recent articles about XEQT and XDIV
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