Investment Q&A

• BMO Canadian Dividend ETF (ZDV $26.60)
  • $26.60 P/E (TTM): 13.42X Cap: $1.34B
  • View ZDV Profile
  • View Questions on ZDV
• iShares Canadian Select Dividend Index ETF (XDV $37.79)
  • $37.79 P/E (TTM): 11.56X Cap: $2.04B
  • View XDV Profile
  • View Questions on XDV
• iShares S&P/TSX Composite High Dividend Index ETF (XEI $31.74)
  • $31.74 P/E (TTM): 4.66X Cap: $2.61B
  • View XEI Profile
  • View Questions on XEI
• Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY $59.65)
  • $59.65 P/E (TTM): 5.99X Cap: $5.15B
  • View VDY Profile
  • View Questions on VDY

Q: What are the best return Canadian dividend etfs you can recommend?

Upvote 13

Read Answer Asked by Kim on November 11, 2025

• iShares Canadian Select Dividend Index ETF (XDV $37.79)
  • $37.79 P/E (TTM): 11.56X Cap: $2.04B
  • View XDV Profile
  • View Questions on XDV
• Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY $59.65)
  • $59.65 P/E (TTM): 5.99X Cap: $5.15B
  • View VDY Profile
  • View Questions on VDY

Q: Looking to buy a canadian dividend etf as one of my core holdings. Do you like VDY or XDV? What are the differences? Or is there another canadian dividend ETF you would recommend?

Upvote 3

Read Answer Asked by Carla on February 24, 2025

• iShares Core MSCI All Country World ex Canada Index ETF (XAW $51.28)
  • $51.28 P/E (TTM): 21.04X Cap: $3.40B
  • View XAW Profile
  • View Questions on XAW
• BMO International Dividend ETF (ZDI $27.99)
  • $27.99 P/E (TTM): 23.24X Cap: $696M
  • View ZDI Profile
  • View Questions on ZDI
• BMO International Dividend Hedged to CAD ETF (ZDH $30.35)
  • $30.35 P/E (TTM): 27.89X Cap: $187M
  • View ZDH Profile
  • View Questions on ZDH
• BMO Ultra Short-Term Bond ETF (ZST $49.12)
  • $49.12 Cap: $4.28B
  • View ZST Profile
  • View Questions on ZST
• iShares Canadian Select Dividend Index ETF (XDV $37.79)
  • $37.79 P/E (TTM): 11.56X Cap: $2.04B
  • View XDV Profile
  • View Questions on XDV

Q: I have cash from a maturing GIC and am looking at options to reinvest it. I am considering evenly investing it in these 4. Time horizon is 2 to 5 years, low to medium risk. I would appreciate your thoughts on these or if there are other ETF's to consider. Thanks!

Upvote 3

Read Answer Asked by George on December 09, 2024

• iShares Canadian Select Dividend Index ETF (XDV $37.79)
  • $37.79 P/E (TTM): 11.56X Cap: $2.04B
  • View XDV Profile
  • View Questions on XDV
• iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV $35.93)
  • $35.93 P/E (TTM): 10.22X Cap: $3.41B
  • View XDIV Profile
  • View Questions on XDIV

Q: long time holder of XDV (15 yrs). I see XDIV has outperformed by far since its inception with similar yield and lower MER. For what is worth XDIV has a 5 star Morningstar rating vs 2 stars for XDV. Thinking of switching my XDV for XDIV. Your opinion please.

Upvote 4

Read Answer Asked by MANFRED on May 21, 2024

• iShares Canadian Select Dividend Index ETF (XDV $37.79)
  • $37.79 P/E (TTM): 11.56X Cap: $2.04B
  • View XDV Profile
  • View Questions on XDV
• iShares S&P/TSX Composite High Dividend Index ETF (XEI $31.74)
  • $31.74 P/E (TTM): 4.66X Cap: $2.61B
  • View XEI Profile
  • View Questions on XEI
• Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY $59.65)
  • $59.65 P/E (TTM): 5.99X Cap: $5.15B
  • View VDY Profile
  • View Questions on VDY
• iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV $35.93)
  • $35.93 P/E (TTM): 10.22X Cap: $3.41B
  • View XDIV Profile
  • View Questions on XDIV

Q: I am thinking about moving some of my portfolio to ETF's, and when I looked at CDZ holdings, I was surprised to see FSZ as their top holding - a stock you have recently seen as a sell. Do you have any suggestions for a Canadian ETF that is more about great companies with a growing Dividend and not so heavy in Financials and Telcos? Thank You!

Upvote 11

Read Answer Asked by Pat on March 19, 2024

• BMO US Dividend Hedged to CAD ETF (ZUD $33.11)
  • $33.11 P/E (TTM): 20.18X Cap: $138M
  • View ZUD Profile
  • View Questions on ZUD
• iShares Canadian Select Dividend Index ETF (XDV $37.79)
  • $37.79 P/E (TTM): 11.56X Cap: $2.04B
  • View XDV Profile
  • View Questions on XDV
• Schwab US Dividend Equity ETF (SCHD $26.95)
  • $26.95 P/E (TTM): 16.69X Cap: $69.84B
  • View SCHD Profile
  • View Questions on SCHD

Q: What would be the closestCanadian ETF that has characteristics similar to US SCHD?

Upvote 0

Read Answer Asked by Kim on October 16, 2023

• BMO Canadian Dividend ETF (ZDV $26.60)
  • $26.60 P/E (TTM): 13.42X Cap: $1.34B
  • View ZDV Profile
  • View Questions on ZDV
• iShares Canadian Select Dividend Index ETF (XDV $37.79)
  • $37.79 P/E (TTM): 11.56X Cap: $2.04B
  • View XDV Profile
  • View Questions on XDV
• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $39.84)
  • $39.84 P/E (TTM): 14.68X Cap: $1.04B
  • View CDZ Profile
  • View Questions on CDZ
• Vanguard Canadian Aggregate Bond Index ETF (VAB $23.28)
  • $23.28 Cap: $6.40B
  • View VAB Profile
  • View Questions on VAB
• iShares Core U.S. Aggregate Bond ETF (AGG $100.64)
  • $100.64 Cap: $134.92B
  • View AGG Profile
  • View Questions on AGG

Q: I've had it with my entire pack of pref shares ( individual and ETF) and am ready to punt the lot. I'd like to replace them all with a bond ETF or even a diversified Canadian equity ETF that pays dividends. Your suggestions are most appreciated. Thanks

Upvote 0

Read Answer Asked by alex on July 18, 2023

• iShares Canadian Select Dividend Index ETF (XDV $37.79)
  • $37.79 P/E (TTM): 11.56X Cap: $2.04B
  • View XDV Profile
  • View Questions on XDV
• iShares S&P/TSX Composite High Dividend Index ETF (XEI $31.74)
  • $31.74 P/E (TTM): 4.66X Cap: $2.61B
  • View XEI Profile
  • View Questions on XEI
• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $39.84)
  • $39.84 P/E (TTM): 14.68X Cap: $1.04B
  • View CDZ Profile
  • View Questions on CDZ
• Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY $59.65)
  • $59.65 P/E (TTM): 5.99X Cap: $5.15B
  • View VDY Profile
  • View Questions on VDY
• CI High Income Fund Class F (CIG447 $11.81)
  • $11.81 P/E (TTM): 13.8X
  • View CIG447 Profile
  • View Questions on CIG447

Q: 5I team: Being a retired income investor and stuck on the nice yield for this fund I can still not be keen on it's substantial return of capital. Can you advise on a better alternative etf or fund for hands off solid yield as a replacement? Tks. Larry

Upvote 0

Read Answer Asked by Larry on July 13, 2023

• Royal Bank of Canada (RY $211.39)
  • $211.39 P/E (TTM): 15.99X Cap: $297B
  • View RY Profile
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• Toronto-Dominion Bank (The) (TD $116.71)
  • $116.71 P/E (TTM): 9.75X Cap: $199.24B
  • View TD Profile
  • View Questions on TD
• BCE Inc. (BCE $32.54)
  • $32.54 P/E (TTM): 4.89X Cap: $30.40B
  • View BCE Profile
  • View Questions on BCE
• Great-West Lifeco Inc. (GWO $64.53)
  • $64.53 P/E (TTM): 14.64X Cap: $59.60B
  • View GWO Profile
  • View Questions on GWO
• Canadian Utilities Limited Class A Non-Voting Shares (CU $41.83)
  • $41.83 P/E (TTM): 20.51X Cap: $11.37B
  • View CU Profile
  • View Questions on CU
• Granite Real Estate Investment Trust (GRT.UN $75.85)
  • $75.85 P/E (TTM): 37.49X Cap: $4.59B
  • View GRT.UN Profile
  • View Questions on GRT.UN
• iShares Canadian Select Dividend Index ETF (XDV $37.79)
  • $37.79 P/E (TTM): 11.56X Cap: $2.04B
  • View XDV Profile
  • View Questions on XDV
• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $39.84)
  • $39.84 P/E (TTM): 14.68X Cap: $1.04B
  • View CDZ Profile
  • View Questions on CDZ
• Vanguard Canadian Aggregate Bond Index ETF (VAB $23.28)
  • $23.28 Cap: $6.40B
  • View VAB Profile
  • View Questions on VAB
• Hydro One Limited (H $54.80)
  • $54.80 P/E (TTM): 25.24X Cap: $32.86B
  • View H Profile
  • View Questions on H
• iShares Core U.S. Aggregate Bond ETF (AGG $100.64)
  • $100.64 Cap: $134.92B
  • View AGG Profile
  • View Questions on AGG
• Brookfield Asset Management Ltd. Class A Limited Voting Shares (BAM $71.73)
  • $71.73 P/E (TTM): 31.52X Cap: $115.53B
  • View BAM Profile
  • View Questions on BAM

Q: Looking for income from bond etfs and dividend paying stocks that will appreciate in value if interest rates have peaked and gradually fall towards 3% (i.e. those that have been hit unduly hard due to inflationary fears). Suggestions?

Upvote 0

Read Answer Asked by John on July 06, 2023

• iShares Canadian Select Dividend Index ETF (XDV $37.79)
  • $37.79 P/E (TTM): 11.56X Cap: $2.04B
  • View XDV Profile
  • View Questions on XDV
• iShares S&P/TSX Composite High Dividend Index ETF (XEI $31.74)
  • $31.74 P/E (TTM): 4.66X Cap: $2.61B
  • View XEI Profile
  • View Questions on XEI
• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $39.84)
  • $39.84 P/E (TTM): 14.68X Cap: $1.04B
  • View CDZ Profile
  • View Questions on CDZ

Q: What are the best dividend ETFs for Canadians to hold long term?

Upvote 1

Read Answer Asked by Brucey on April 27, 2023

• iShares Canadian Select Dividend Index ETF (XDV $37.79)
  • $37.79 P/E (TTM): 11.56X Cap: $2.04B
  • View XDV Profile
  • View Questions on XDV

Q: HI team
the above ETF has been running up lately
despite interest rate still high

is there a underlying reason for the upswing? I hold it for dividends and secondly
hope for some capital gain, should I hold , add or sell?
thanks
Michael

Upvote 0

Read Answer Asked by Michael on April 20, 2023

• iShares Canadian Select Dividend Index ETF (XDV $37.79)
  • $37.79 P/E (TTM): 11.56X Cap: $2.04B
  • View XDV Profile
  • View Questions on XDV
• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $39.84)
  • $39.84 P/E (TTM): 14.68X Cap: $1.04B
  • View CDZ Profile
  • View Questions on CDZ
• Vanguard U.S. Dividend Appreciation Index ETF (VGG $104.20)
  • $104.20 Cap: $2.25B
  • View VGG Profile
  • View Questions on VGG

Q: Am retired and looking for regular income from dividend paying stocks.
Is there such a thing as a EFT that holds only dividend producing stocks that then pays out the dividends on a regular basis? If so can you suggest any?

Upvote 0

Read Answer Asked by Warren on March 13, 2023

• BMO Canadian Dividend ETF (ZDV $26.60)
  • $26.60 P/E (TTM): 13.42X Cap: $1.34B
  • View ZDV Profile
  • View Questions on ZDV
• Global X Active Canadian Dividend ETF (HAL $25.60)
  • $25.60 P/E (TTM): 14.93X Cap: $114M
  • View HAL Profile
  • View Questions on HAL
• Global X S&P/TSX 60 Index Corporate Class ETF (HXT $80.24)
  • $80.24 Cap: $4.56B
  • View HXT Profile
  • View Questions on HXT
• iShares Canadian Select Dividend Index ETF (XDV $37.79)
  • $37.79 P/E (TTM): 11.56X Cap: $2.04B
  • View XDV Profile
  • View Questions on XDV
• iShares S&P/TSX Composite High Dividend Index ETF (XEI $31.74)
  • $31.74 P/E (TTM): 4.66X Cap: $2.61B
  • View XEI Profile
  • View Questions on XEI
• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $39.84)
  • $39.84 P/E (TTM): 14.68X Cap: $1.04B
  • View CDZ Profile
  • View Questions on CDZ
• Invesco Canadian Dividend Index ETF (PDC $39.97)
  • $39.97 P/E (TTM): 13.73X Cap: $890M
  • View PDC Profile
  • View Questions on PDC
• Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY $59.65)
  • $59.65 P/E (TTM): 5.99X Cap: $5.15B
  • View VDY Profile
  • View Questions on VDY

Q: From a dividend growth and overall return perspective, could you please rank the above etfs ? I do not need the income so my preference would go to HXT. Am I getting exposed to a lot more volatility in your opinion ?

Upvote 0

Read Answer Asked by Paul on February 06, 2023

• Global X Active Canadian Dividend ETF (HAL $25.60)
  • $25.60 P/E (TTM): 14.93X Cap: $114M
  • View HAL Profile
  • View Questions on HAL
• iShares Canadian Select Dividend Index ETF (XDV $37.79)
  • $37.79 P/E (TTM): 11.56X Cap: $2.04B
  • View XDV Profile
  • View Questions on XDV
• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $39.84)
  • $39.84 P/E (TTM): 14.68X Cap: $1.04B
  • View CDZ Profile
  • View Questions on CDZ

Q: "Is there a Canadian équivalent ETF ,or close to it,to this excellent sélection approach and choice of Cies like this US ETF?"
Sorry to repeat the question..
Concerning this recent question,I meant : a CDN ETF composed of Canadian stocks only,since the selection method of US stocks for SCHD is excellent,I wonder if there is a best Canadian ETF equivalent for CDN stocks

Upvote 0

Read Answer Asked by Jean-Yves on December 15, 2022

• iShares Canadian Select Dividend Index ETF (XDV $37.79)
  • $37.79 P/E (TTM): 11.56X Cap: $2.04B
  • View XDV Profile
  • View Questions on XDV

Q: Good Evening
Can XDV be used as a proxy for CDZ?
Thanks

Upvote 0

Read Answer Asked by Terry on October 27, 2022

• BMO Canadian Dividend ETF (ZDV $26.60)
  • $26.60 P/E (TTM): 13.42X Cap: $1.34B
  • View ZDV Profile
  • View Questions on ZDV
• BMO US Dividend Hedged to CAD ETF (ZUD $33.11)
  • $33.11 P/E (TTM): 20.18X Cap: $138M
  • View ZUD Profile
  • View Questions on ZUD
• iShares Canadian Select Dividend Index ETF (XDV $37.79)
  • $37.79 P/E (TTM): 11.56X Cap: $2.04B
  • View XDV Profile
  • View Questions on XDV
• Invesco Canadian Dividend Index ETF (PDC $39.97)
  • $39.97 P/E (TTM): 13.73X Cap: $890M
  • View PDC Profile
  • View Questions on PDC
• Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY $59.65)
  • $59.65 P/E (TTM): 5.99X Cap: $5.15B
  • View VDY Profile
  • View Questions on VDY
• Vanguard FTSE Canada All Cap Index ETF (VCN $62.46)
  • $62.46 P/E (TTM): 9.78X Cap: $12.02B
  • View VCN Profile
  • View Questions on VCN

Q: Recommendation for best Canadian dividend ETF for long term hold

Upvote 0

Read Answer Asked by Paul on October 14, 2022

• Cineplex Inc. (CGX $12.00)
  • $12.00 Cap: $741M
  • View CGX Profile
  • View Questions on CGX
  • View Reports on CGX
• iShares 1-5 Year Laddered Corporate Bond Index ETF (CBO $18.61)
  • $18.61 Cap: $783M
  • View CBO Profile
  • View Questions on CBO
• iShares Canadian Select Dividend Index ETF (XDV $37.79)
  • $37.79 P/E (TTM): 11.56X Cap: $2.04B
  • View XDV Profile
  • View Questions on XDV
• iShares S&P/TSX 60 Index ETF (XIU $45.37)
  • $45.37 P/E (TTM): 16.8X Cap: $18.91B
  • View XIU Profile
  • View Questions on XIU
• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $39.84)
  • $39.84 P/E (TTM): 14.68X Cap: $1.04B
  • View CDZ Profile
  • View Questions on CDZ
• iShares U.S. Small Cap Index ETF (CAD-Hedged) (XSU $45.70)
  • $45.70 P/E (TTM): 16.77X Cap: $628M
  • View XSU Profile
  • View Questions on XSU
• RBC Canadian Dividend Fund Series A (RBF266 $124.87)
  • $124.87 P/E (TTM): 11.6X
  • View RBF266 Profile
  • View Questions on RBF266

Q: Do to a few errors/mistakes in switching brokerages, I ended up removing these from an RRSP and TFSA accounts and left them in limbo in a non- reg account. I am aware of the serious overlap among the RBF266, XDV,CDZ and XIU. (They were in separate accounts at one time). If I should consolidate, what are your thoughts? What stays and what goes? If I were to begin selling and adding stocks, I was thinking BAM.A and ?Twenty year time frame. Have maxed TFSA.
Cheers and thanks,
Paul

Upvote 0

Read Answer Asked by Paul on February 07, 2022

• BMO Canadian Dividend ETF (ZDV $26.60)
  • $26.60 P/E (TTM): 13.42X Cap: $1.34B
  • View ZDV Profile
  • View Questions on ZDV
• Global X Active Canadian Dividend ETF (HAL $25.60)
  • $25.60 P/E (TTM): 14.93X Cap: $114M
  • View HAL Profile
  • View Questions on HAL
• iShares Canadian Select Dividend Index ETF (XDV $37.79)
  • $37.79 P/E (TTM): 11.56X Cap: $2.04B
  • View XDV Profile
  • View Questions on XDV
• iShares S&P/TSX Composite High Dividend Index ETF (XEI $31.74)
  • $31.74 P/E (TTM): 4.66X Cap: $2.61B
  • View XEI Profile
  • View Questions on XEI
• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $39.84)
  • $39.84 P/E (TTM): 14.68X Cap: $1.04B
  • View CDZ Profile
  • View Questions on CDZ
• Invesco Canadian Dividend Index ETF (PDC $39.97)
  • $39.97 P/E (TTM): 13.73X Cap: $890M
  • View PDC Profile
  • View Questions on PDC
• Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY $59.65)
  • $59.65 P/E (TTM): 5.99X Cap: $5.15B
  • View VDY Profile
  • View Questions on VDY

Q: Am looking to invest in a Canadian Dividend ETF.
I have researched the above ETF's, they all have pros & cons.
Am leaning slightly towards VDY at this point.
Criteria: Will be in a non-registered account, am after monthly dividend income with
some moderate growth potential. Am not overly concerned with a high weighting in financials, ideally would have a lower MER but am after solid 3-5 year growth.
If forced to choose one only, which ETF would you recommend?
Thanks for the great service,
Steve

Upvote 0

Read Answer Asked by STEVEN on November 11, 2021

• Bank of Nova Scotia (The) (BNS $93.96)
  • $93.96 P/E (TTM): 18.08X Cap: $116.65B
  • View BNS Profile
  • View Questions on BNS
  • View Reports on BNS
• Sun Life Financial Inc. (SLF $83.30)
  • $83.30 P/E (TTM): 21.0X Cap: $46.43B
  • View SLF Profile
  • View Questions on SLF
  • View Reports on SLF
• Magna International Inc. (MG $68.16)
  • $68.16 P/E (TTM): 13.26X Cap: $19.20B
  • View MG Profile
  • View Questions on MG
  • View Reports on MG
• Thomson Reuters Corporation (TRI $186.90)
  • $186.90 P/E (TTM): 34.94X Cap: $84.73B
  • View TRI Profile
  • View Questions on TRI
• goeasy Ltd. (GSY $126.43)
  • $126.43 P/E (TTM): 9.06X Cap: $1.99B
  • View GSY Profile
  • View Questions on GSY
  • View Reports on GSY
• Global X Active Canadian Dividend ETF (HAL $25.60)
  • $25.60 P/E (TTM): 14.93X Cap: $114M
  • View HAL Profile
  • View Questions on HAL
• iShares Canadian Select Dividend Index ETF (XDV $37.79)
  • $37.79 P/E (TTM): 11.56X Cap: $2.04B
  • View XDV Profile
  • View Questions on XDV
• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $39.84)
  • $39.84 P/E (TTM): 14.68X Cap: $1.04B
  • View CDZ Profile
  • View Questions on CDZ
• iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV $35.93)
  • $35.93 P/E (TTM): 10.22X Cap: $3.41B
  • View XDIV Profile
  • View Questions on XDIV

Q: Please name half dozen of your top choices for an income portfolio.

Upvote 0

Read Answer Asked by Roy on November 02, 2021

• Park Lawn Corporation (PLC $26.48)
  • $26.48 Cap: $904M
  • View PLC Profile
  • View Questions on PLC
  • View Reports on PLC
• Chartwell Retirement Residences (CSH.UN $20.43)
  • $20.43 P/E (TTM): 92.27X Cap: $6.17B
  • View CSH.UN Profile
  • View Questions on CSH.UN
  • View Reports on CSH.UN
• A&W Revenue Royalties Income Fund (AW.UN $36.93)
  • $36.93 P/E (TTM): 17.7X Cap: $538M
  • View AW.UN Profile
  • View Questions on AW.UN
  • View Reports on AW.UN
• Exchange Income Corporation (EIF $76.07)
  • $76.07 P/E (TTM): 28.38X Cap: $4.16B
  • View EIF Profile
  • View Questions on EIF
• iShares Canadian Select Dividend Index ETF (XDV $37.79)
  • $37.79 P/E (TTM): 11.56X Cap: $2.04B
  • View XDV Profile
  • View Questions on XDV
• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $39.84)
  • $39.84 P/E (TTM): 14.68X Cap: $1.04B
  • View CDZ Profile
  • View Questions on CDZ

Q: I am looking for monthly income. So far I am considering ZEB, KEY, PPL, and either HHL-B or HHL-T. Your opinion on those, and any suggestions you have, please.

Upvote 0

Read Answer Asked by James on October 29, 2021