VS
BMO International Dividend ETF (ZDH) and iShares Canadian Select Dividend Index ETF (XDV) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZDH focuses its top 3 sector exposures on Finance, Industrials, and Consumer Non-Cyclicals, while XDV leans towards Finance, Energy, and Utilities. When evaluating costs, ZDH features a management fee (MER) of 0.4%, compared to 0.5% for XDV. Performance-wise, ZDH has returned 14.59% year-to-date with +$7 M in net flows, whereas XDV is at 28.03% with +$15 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
ZDH
XDV
| AuM | $237.67 M | $2,702.82 M |
| Management Fees | 0.40% | 0.50% |
| Exp. ratio | 0.44% | 0.55% |
| Tracking Difference | - | -0.91% |
Historical performance and flows
As of November 4, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZDH | -0.02% | -1.54% | +14.59% | +20.14% | +60.98% |
XDV | +4.98% | +1.66% | +28.03% | +38.57% | +116.43% | |
| Flows | ZDH | +$0 M | +$4 M | +$7 M | +$10 M | -$19 M |
XDV | +$10 M | +$0 M | +$15 M | +$38 M | -$58 M |
ZDH vs XDV exposure
Countries
ZDH
Japan
22.89%
United Kingdom
13.38%
France
12.76%
Netherlands
8.04%
Switzerland
7.38%
Other
35.55%
XDV
Canada
99.75%
Sectors
ZDH
Finance
30.46%
Industrials
13.10%
Consumer Non-Cyclicals
9.42%
Healthcare
8.78%
Technology
8.50%
Other
29.75%
XDV
Finance
54.56%
Energy
10.46%
Utilities
10.21%
Consumer Non-Cyclicals
9.39%
Other
15.38%
As of November 4, 2026
Top 10 Holdings
ZDH
ASML Holding NV
3.59%
Intesa Sanpaolo SpA
2.61%
Roche Holding AG
2.43%
DBS Group Holdings Ltd.
2.40%
TotalEnergies SE
2.32%
Shell Plc
2.28%
HSBC Holdings Plc
2.21%
Siemens AG
2.03%
Mitsubishi UFJ Financial Group, Inc.
1.94%
Enel SpA
1.87%
XDV
Royal Bank of Canada
8.68%
Bank of Montreal
8.54%
Canadian Tire Corp. Ltd.
7.64%
The Bank of Nova Scotia
6.01%
The Toronto-Dominion Bank
5.75%
Canadian Imperial Bank of Commerce
5.20%
Sun Life Financial, Inc.
4.89%
Great-West Lifeco, Inc.
4.09%
TC Energy Corp.
3.54%
Power Corp of Canada
3.49%
Diversification
ZDH
Total weight of top 10 holdings out of 113 total
23.67%
XDV
Total weight of top 10 holdings out of 30 total
57.83%
Characteristics
Compare
ZDH
XDV
| Provider | BMO | iShares |
| Management | Actively managed | Passively managed |
| Benchmark | - | Dow Jones Canada Select Dividend Total Return Index - CAD |
| Replication Method | - | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.80% | 3.26% |
| Meets ESG criteria | No | No |
| Inception Date | September 2, 2015 | December 19, 2005 |
Frequently asked questions about ZDH and XDV
Which ETF has performed better year to date: ZDH or XDV?
As of November 4, 2026, ZDH has returned 14.59% year to date, while XDV has returned 28.03%. XDV is ahead on YTD performance.
Which ETF is larger by assets under management: ZDH or XDV?
As of November 4, 2026, ZDH manages $237.67 M in assets, while XDV manages $2.70 B. XDV is the larger fund by AUM.
How are ZDH and XDV managed?
ZDH is actively managed by BMO. It does not track an index. XDV is passively managed by iShares. It tracks the Dow Jones Canada Select Dividend Total Return Index - CAD benchmark.
What sectors do ZDH and XDV emphasize?
ZDH is most exposed to Finance, Industrials, and Consumer Non-Cyclicals. XDV is most exposed to Finance, Energy, and Utilities.
Which ETF is attracting more investor flows: ZDH or XDV?
Year to date, ZDH has seen +$6.66 M in net flows, compared with +$14.63 M for XDV. XDV has attracted more net investor money so far.
How do the fees of ZDH and XDV compare?
ZDH has an expense ratio of 0.44%, while XDV has an expense ratio of 0.55%.
What are the top holdings of ZDH and XDV?
ZDH's largest holdings include ASML Holding NV, Roche Holding AG, and Intesa Sanpaolo SpA. XDV's top holdings include Royal Bank of Canada, Bank of Montreal, and Canadian Tire Corp. Ltd..
Which ETF is more diversified: ZDH or XDV?
ZDH holds 112 securities, while XDV holds 30. On holdings count, ZDH is the more diversified portfolio.
Recent articles about ZDH and XDV
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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.