VS
Compare iShares U.S. High Dividend Equity Index ETF (XHD) vs First Trust Morningstar Dividend Leaders ETF (FDL) to find the best fit for your portfolio. XHD provides Consumer Non-Cyclicals, Energy, and Healthcare exposures, while FDL is primarily weighted in Consumer Non-Cyclicals, Utilities, and Finance. When evaluating costs, XHD features a management fee (MER) of 0.3%, compared to 0.15% for FDL. Performance-wise, XHD has returned 24.87% year-to-date with +$24 M in net flows, whereas FDL is at 22.4% 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
XHD
FDL
| AuM | $256.36 M | $12.91 M |
| Management Fees | 0.30% | 0.15% |
| Exp. ratio | 0.33% | 0.59% |
| Tracking Difference | 0.14% | - |
Historical performance and flows
As of November 5, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XHD | +6.94% | +5.60% | +24.87% | +29.00% | +61.34% |
FDL | +9.60% | +4.63% | +22.40% | +28.76% | +69.73% | |
| Flows | XHD | -$4 M | +$8 M | +$24 M | +$20 M | -$9 M |
FDL | +$0 M | +$0 M | +$1 M | +$1 M | -$1 M |
XHD vs FDL exposure
Countries
XHD
USA
96.58%
FDL
USA
91.33%
Other
8.67%
Sectors
XHD
Consumer Non-Cyclicals
26.21%
Energy
22.99%
Healthcare
13.48%
Utilities
10.83%
Other
26.49%
FDL
Consumer Non-Cyclicals
24.06%
Utilities
14.48%
Finance
12.91%
Healthcare
12.09%
Energy
11.19%
Telecommunications
9.92%
Other
15.35%
As of November 5, 2026
Top 10 Holdings
XHD
ExxonMobil Holdings Corp.
9.28%
Chevron Corp.
6.99%
AbbVie, Inc.
6.70%
Verizon Communications, Inc.
5.78%
Procter & Gamble Co.
5.39%
Philip Morris International, Inc.
5.14%
The Home Depot, Inc.
4.42%
The Coca-Cola Co.
4.35%
PepsiCo, Inc.
4.00%
Altria Group, Inc.
3.72%
FDL
Chevron Corp.
8.96%
Verizon Communications, Inc.
7.32%
Pfizer Inc.
6.58%
Philip Morris International, Inc.
6.40%
PepsiCo, Inc.
5.01%
Altria Group, Inc.
4.67%
Bristol Myers Squibb Co.
3.21%
Accenture Plc
3.08%
United Parcel Service, Inc.
3.05%
Comcast Corp.
2.60%
Diversification
XHD
Total weight of top 10 holdings out of 74 total
55.78%
FDL
Total weight of top 10 holdings out of 99 total
50.88%
Characteristics
Compare
XHD
FDL
| Provider | iShares | First Trust |
| Management | Passively managed | Passively managed |
| Benchmark | Morningstar Dividend Yield Focus Net Return Index - CAD Hedged | Morningstar Dividend Leaders Total Return Index - USD |
| Replication Method | Direct (Physical) | Other |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.20% | 3.28% |
| Meets ESG criteria | No | No |
| Inception Date | August 14, 2012 | September 29, 2016 |
Frequently asked questions about XHD and FDL
Which ETF has performed better year to date: XHD or FDL?
As of November 5, 2026, XHD has returned 24.87% year to date, while FDL has returned 22.40%. XHD is ahead on YTD performance.
Which ETF is larger by assets under management: XHD or FDL?
As of November 5, 2026, XHD manages $256.36 M in assets, while FDL manages $12.91 M. XHD is the larger fund by AUM.
How are XHD and FDL managed?
XHD is passively managed by iShares. It tracks the Morningstar Dividend Yield Focus Net Return Index - CAD Hedged benchmark. FDL is passively managed by First Trust. It tracks the Morningstar Dividend Leaders Total Return Index - USD benchmark.
What sectors do XHD and FDL emphasize?
XHD is most exposed to Consumer Non-Cyclicals, Energy, and Healthcare. FDL is most exposed to Consumer Non-Cyclicals, Utilities, and Finance.
Which ETF is attracting more investor flows: XHD or FDL?
Year to date, XHD has seen +$23.96 M in net flows, compared with +$0.81 M for FDL. XHD has attracted more net investor money so far.
How do the fees of XHD and FDL compare?
XHD has an expense ratio of 0.33%, while FDL has an expense ratio of 0.59%.
What are the top holdings of XHD and FDL?
XHD's largest holdings include ExxonMobil Holdings Corp., Chevron Corp., and AbbVie, Inc.. FDL's top holdings include Chevron Corp., Verizon Communications, Inc., and Pfizer Inc..
Which ETF is more diversified: XHD or FDL?
XHD holds 74 securities, while FDL holds 98. On holdings count, FDL is the more diversified portfolio.
Recent articles about XHD and FDL
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.