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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 Finance, Technology, and Industrials, while XDIV leans towards Finance, 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 14.03% year-to-date with +$8 B in net flows, whereas XDIV is at 28.46% 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
XEQT
XDIV
| AuM | $22,262.97 M | $6,222.60 M |
| Management Fees | 0.18% | 0.10% |
| Exp. ratio | 0.19% | 0.11% |
| Tracking Difference | - | 1.00% |
Historical performance and flows
As of September 14, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XEQT | -2.30% | +0.18% | +14.03% | +19.15% | +78.92% |
XDIV | -0.55% | +5.54% | +28.46% | +41.04% | +107.45% | |
| Flows | XEQT | +$1,027 M | +$3,086 M | +$8,139 M | +$9,921 M | +$15,982 M |
XDIV | +$88 M | +$441 M | +$1,382 M | +$1,907 M | +$3,453 M |
XEQT vs XDIV exposure
Countries
XEQT
USA
44.48%
Canada
24.66%
Other
30.86%
XDIV
Canada
95.43%
Sectors
XEQT
Finance
25.23%
Technology
24.35%
Industrials
10.32%
Non-Energy Materials
7.46%
Energy
7.10%
Other
25.54%
XDIV
Finance
47.81%
Energy
28.87%
Utilities
9.39%
Other
13.94%
As of September 14, 2026
Top 10 Holdings
XEQT
Apple, Inc.
3.05%
NVIDIA Corp.
2.94%
Microsoft Corp.
2.08%
Royal Bank of Canada
2.07%
Amazon.com, Inc.
1.43%
The Toronto-Dominion Bank
1.41%
Alphabet, Inc.
1.22%
Broadcom Inc.
1.14%
Shopify, Inc.
1.05%
Alphabet, Inc.
0.98%
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
XEQT
Total weight of top 10 holdings out of 8,298 total
17.37%
XDIV
Total weight of top 10 holdings out of 21 total
75.18%
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 | 1.60% | 3.09% |
| 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 September 14, 2026, XEQT has returned 14.03% year to date, while XDIV has returned 28.46%. XDIV is ahead on YTD performance.
Which ETF is larger by assets under management: XEQT or XDIV?
As of September 14, 2026, XEQT manages $22.26 B in assets, while XDIV manages $6.22 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 Finance, Technology, and Industrials. XDIV is most exposed to Finance, Energy, and Utilities.
Which ETF is attracting more investor flows: XEQT or XDIV?
Year to date, XEQT has seen +$8,138.94 M in net flows, compared with +$1,381.63 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 0.19%, while XDIV has an expense ratio of 0.11%.
What are the top holdings of XEQT and XDIV?
XEQT's largest holdings include Apple, Inc., NVIDIA Corp., and Alphabet, Inc.. XDIV's top holdings include Manulife Financial Corp., Royal Bank of Canada, and The Toronto-Dominion Bank.
Which ETF is more diversified: XEQT or XDIV?
XEQT holds 8200 securities, while XDIV holds 21. On holdings count, XEQT is the more diversified portfolio.
Recent articles about XEQT and XDIV
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