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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 Financials, Industrials, and Utilities, while XDV leans towards Financials, Energy, and Consumer Discretionary. When evaluating costs, ZDH features a management fee (MER) of 0.4%, compared to 0.5% for XDV. Performance-wise, ZDH has returned 12.65% year-to-date with +$3 M in net flows, whereas XDV is at 20.82% with +$0 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 | $232.96 M | $2,572.78 M |
| Management Fees | 0.40% | 0.50% |
| Exp. ratio | 0.44% | 0.55% |
| Tracking Difference | - | -0.95% |
Historical performance and flows
As of June 19, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZDH | +2.34% | +8.07% | +12.65% | +29.40% | +59.39% |
XDV | +6.61% | +15.58% | +20.82% | +45.21% | +94.95% | |
| Flows | ZDH | +$0 M | -$7 M | +$3 M | +$15 M | -$32 M |
XDV | -$5 M | +$17 M | +$0 M | +$33 M | -$92 M |
ZDH vs XDV exposure
Countries
ZDH
Japan
20.99%
France
15.93%
United Kingdom
15.78%
Switzerland
7.22%
Germany
7.11%
Other
32.98%
XDV
Canada
99.64%
Sectors
ZDH
Financials
23.83%
Industrials
16.99%
Utilities
7.62%
Other
51.55%
XDV
Financials
51.33%
Energy
11.77%
Consumer Discretionary
11.22%
Utilities
10.97%
Communication Services
7.44%
Other
7.27%
As of June 19, 2026
Top 10 Holdings
ZDH
RIO TINTO
2.70%
TOTALENERGIES SE
2.56%
HSBC HOLDINGS
2.55%
INTESA SANPAOLO
2.40%
CH1499059983
2.39%
ENGIE
2.30%
ENEL GLOBAL TRADING
2.25%
SHELL PLC
2.19%
IMPERIAL BRANDS PLC
2.09%
EIFFAGE
2.06%
XDV
ROYAL BK CANADA
8.14%
CANADIAN TIRE
8.04%
BANK OF MONTREAL
7.97%
CDN IMPERIAL BK
5.40%
TORONTO DOMINION
5.40%
BNS
5.27%
SUN LIFE FINL
4.63%
TC ENERGY CORP
4.20%
COGECO COMMUNICATIONS INC
3.92%
GREAT WEST LIFECO
3.55%
Diversification
ZDH
Total weight of top 10 holdings out of 108 total
23.49%
XDV
Total weight of top 10 holdings out of 30 total
56.51%
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 | 2.74% | 3.24% |
| 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 June 19, 2026, ZDH has returned 12.65% year to date, while XDV has returned 20.82%. XDV is ahead on YTD performance.
Which ETF is larger by assets under management: ZDH or XDV?
As of June 19, 2026, ZDH manages $232.96 M in assets, while XDV manages $2.57 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 Financials, Industrials, and Utilities. XDV is most exposed to Financials, Energy, and Consumer Discretionary.
Which ETF is attracting more investor flows: ZDH or XDV?
Year to date, ZDH has seen +$3.05 M in net flows, compared with +$0.29 M for XDV. ZDH 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 RIO TINTO and TOTALENERGIES SE. XDV's top holdings include ROYAL BK CANADA, CANADIAN TIRE, and BANK OF MONTREAL.
Which ETF is more diversified: ZDH or XDV?
ZDH holds 103 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.