Investment Q&A

• iShares Canadian Select Dividend Index ETF (XDV $36.44)
  • $36.44 P/E (TTM): 11.58X Cap: $1.97B
  • View XDV Profile
  • View Questions on XDV
• Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY $58.01)
  • $58.01 P/E (TTM): 5.96X Cap: $4.84B
  • 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 $51.26)
  • $51.26 P/E (TTM): 17.65X Cap: $3.39B
  • View XAW Profile
  • View Questions on XAW
• BMO International Dividend ETF (ZDI $27.95)
  • $27.95 P/E (TTM): 20.36X Cap: $677M
  • View ZDI Profile
  • View Questions on ZDI
• BMO International Dividend Hedged to CAD ETF (ZDH $30.33)
  • $30.33 P/E (TTM): 20.66X Cap: $186M
  • View ZDH Profile
  • View Questions on ZDH
• BMO Ultra Short-Term Bond ETF (ZST $49.07)
  • $49.07 Cap: $4.59B
  • View ZST Profile
  • View Questions on ZST
• iShares Canadian Select Dividend Index ETF (XDV $36.44)
  • $36.44 P/E (TTM): 11.58X Cap: $1.97B
  • 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 $36.44)
  • $36.44 P/E (TTM): 11.58X Cap: $1.97B
  • View XDV Profile
  • View Questions on XDV
• iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV $34.73)
  • $34.73 P/E (TTM): 10.27X Cap: $3.11B
  • 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 $36.44)
  • $36.44 P/E (TTM): 11.58X Cap: $1.97B
  • View XDV Profile
  • View Questions on XDV
• iShares S&P/TSX Composite High Dividend Index ETF (XEI $31.33)
  • $31.33 P/E (TTM): 4.93X Cap: $2.49B
  • View XEI Profile
  • View Questions on XEI
• Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY $58.01)
  • $58.01 P/E (TTM): 5.96X Cap: $4.84B
  • View VDY Profile
  • View Questions on VDY
• iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV $34.73)
  • $34.73 P/E (TTM): 10.27X Cap: $3.11B
  • 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 $33.37)
  • $33.37 P/E (TTM): 20.37X Cap: $141M
  • View ZUD Profile
  • View Questions on ZUD
• iShares Canadian Select Dividend Index ETF (XDV $36.44)
  • $36.44 P/E (TTM): 11.58X Cap: $1.97B
  • View XDV Profile
  • View Questions on XDV
• Schwab US Dividend Equity ETF (SCHD $27.05)
  • $27.05 P/E (TTM): 16.78X Cap: $71.06B
  • 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 $25.95)
  • $25.95 Cap: $1.32B
  • View ZDV Profile
  • View Questions on ZDV
• iShares Canadian Select Dividend Index ETF (XDV $36.44)
  • $36.44 P/E (TTM): 11.58X Cap: $1.97B
  • View XDV Profile
  • View Questions on XDV
• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $39.90)
  • $39.90 P/E (TTM): 14.87X Cap: $1.04B
  • View CDZ Profile
  • View Questions on CDZ
• Vanguard Canadian Aggregate Bond Index ETF (VAB $23.16)
  • $23.16 Cap: $6.04B
  • View VAB Profile
  • View Questions on VAB
• iShares Core U.S. Aggregate Bond ETF (AGG $100.02)
  • $100.02 Cap: $132.14B
  • 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 $36.44)
  • $36.44 P/E (TTM): 11.58X Cap: $1.97B
  • View XDV Profile
  • View Questions on XDV
• iShares S&P/TSX Composite High Dividend Index ETF (XEI $31.33)
  • $31.33 P/E (TTM): 4.93X Cap: $2.49B
  • View XEI Profile
  • View Questions on XEI
• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $39.90)
  • $39.90 P/E (TTM): 14.87X Cap: $1.04B
  • View CDZ Profile
  • View Questions on CDZ
• Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY $58.01)
  • $58.01 P/E (TTM): 5.96X Cap: $4.84B
  • View VDY Profile
  • View Questions on VDY
• CI High Income Fund Class F (CIG447 $12.04)
  • $12.04 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 $203.25)
  • $203.25 P/E (TTM): 20.55X Cap: $284.52B
  • View RY Profile
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• Toronto-Dominion Bank (The) (TD $111.80)
  • $111.80 P/E (TTM): 9.53X Cap: $191.78B
  • View TD Profile
  • View Questions on TD
• BCE Inc. (BCE $32.81)
  • $32.81 P/E (TTM): 70.63X Cap: $30.25B
  • View BCE Profile
  • View Questions on BCE
• Great-West Lifeco Inc. (GWO $57.84)
  • $57.84 P/E (TTM): 14.38X Cap: $53.88B
  • View GWO Profile
  • View Questions on GWO
• Canadian Utilities Limited Class A Non-Voting Shares (CU $38.67)
  • $38.67 P/E (TTM): 23.68X Cap: $10.54B
  • View CU Profile
  • View Questions on CU
• Granite Real Estate Investment Trust (GRT.UN $76.78)
  • $76.78 P/E (TTM): 20.29X Cap: $4.67B
  • View GRT.UN Profile
  • View Questions on GRT.UN
• iShares Canadian Select Dividend Index ETF (XDV $36.44)
  • $36.44 P/E (TTM): 11.58X Cap: $1.97B
  • View XDV Profile
  • View Questions on XDV
• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $39.90)
  • $39.90 P/E (TTM): 14.87X Cap: $1.04B
  • View CDZ Profile
  • View Questions on CDZ
• Vanguard Canadian Aggregate Bond Index ETF (VAB $23.16)
  • $23.16 Cap: $6.04B
  • View VAB Profile
  • View Questions on VAB
• Hydro One Limited (H $49.71)
  • $49.71 P/E (TTM): 23.72X Cap: $29.65B
  • View H Profile
  • View Questions on H
• iShares Core U.S. Aggregate Bond ETF (AGG $100.02)
  • $100.02 Cap: $132.14B
  • View AGG Profile
  • View Questions on AGG
• Brookfield Asset Management Ltd. Class A Limited Voting Shares (BAM $81.64)
  • $81.64 P/E (TTM): 39.77X Cap: $133.47B
  • 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 $36.44)
  • $36.44 P/E (TTM): 11.58X Cap: $1.97B
  • View XDV Profile
  • View Questions on XDV
• iShares S&P/TSX Composite High Dividend Index ETF (XEI $31.33)
  • $31.33 P/E (TTM): 4.93X Cap: $2.49B
  • View XEI Profile
  • View Questions on XEI
• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $39.90)
  • $39.90 P/E (TTM): 14.87X 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 $36.44)
  • $36.44 P/E (TTM): 11.58X Cap: $1.97B
  • 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 $36.44)
  • $36.44 P/E (TTM): 11.58X Cap: $1.97B
  • View XDV Profile
  • View Questions on XDV
• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $39.90)
  • $39.90 P/E (TTM): 14.87X Cap: $1.04B
  • View CDZ Profile
  • View Questions on CDZ
• Vanguard U.S. Dividend Appreciation Index ETF (VGG $103.43)
  • $103.43 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 $25.95)
  • $25.95 Cap: $1.32B
  • View ZDV Profile
  • View Questions on ZDV
• Global X Active Canadian Dividend ETF (HAL $24.92)
  • $24.92 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 $79.14)
  • $79.14 Cap: $4.62B
  • View HXT Profile
  • View Questions on HXT
• iShares Canadian Select Dividend Index ETF (XDV $36.44)
  • $36.44 P/E (TTM): 11.58X Cap: $1.97B
  • View XDV Profile
  • View Questions on XDV
• iShares S&P/TSX Composite High Dividend Index ETF (XEI $31.33)
  • $31.33 P/E (TTM): 4.93X Cap: $2.49B
  • View XEI Profile
  • View Questions on XEI
• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $39.90)
  • $39.90 P/E (TTM): 14.87X Cap: $1.04B
  • View CDZ Profile
  • View Questions on CDZ
• Invesco Canadian Dividend Index ETF (PDC $39.68)
  • $39.68 P/E (TTM): 13.33X Cap: $892M
  • View PDC Profile
  • View Questions on PDC
• Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY $58.01)
  • $58.01 P/E (TTM): 5.96X Cap: $4.84B
  • 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 $24.92)
  • $24.92 P/E (TTM): 14.93X Cap: $114M
  • View HAL Profile
  • View Questions on HAL
• iShares Canadian Select Dividend Index ETF (XDV $36.44)
  • $36.44 P/E (TTM): 11.58X Cap: $1.97B
  • View XDV Profile
  • View Questions on XDV
• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $39.90)
  • $39.90 P/E (TTM): 14.87X 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 $36.44)
  • $36.44 P/E (TTM): 11.58X Cap: $1.97B
  • 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 $25.95)
  • $25.95 Cap: $1.32B
  • View ZDV Profile
  • View Questions on ZDV
• BMO US Dividend Hedged to CAD ETF (ZUD $33.37)
  • $33.37 P/E (TTM): 20.37X Cap: $141M
  • View ZUD Profile
  • View Questions on ZUD
• iShares Canadian Select Dividend Index ETF (XDV $36.44)
  • $36.44 P/E (TTM): 11.58X Cap: $1.97B
  • View XDV Profile
  • View Questions on XDV
• Invesco Canadian Dividend Index ETF (PDC $39.68)
  • $39.68 P/E (TTM): 13.33X Cap: $892M
  • View PDC Profile
  • View Questions on PDC
• Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY $58.01)
  • $58.01 P/E (TTM): 5.96X Cap: $4.84B
  • View VDY Profile
  • View Questions on VDY
• Vanguard FTSE Canada All Cap Index ETF (VCN $61.64)
  • $61.64 Cap: $11.68B
  • 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 $11.25)
  • $11.25 Cap: $712M
  • View CGX Profile
  • View Questions on CGX
  • View Reports on CGX
• iShares 1-5 Year Laddered Corporate Bond Index ETF (CBO $18.64)
  • $18.64 Cap: $796M
  • View CBO Profile
  • View Questions on CBO
• iShares Canadian Select Dividend Index ETF (XDV $36.44)
  • $36.44 P/E (TTM): 11.58X Cap: $1.97B
  • View XDV Profile
  • View Questions on XDV
• iShares S&P/TSX 60 Index ETF (XIU $45.03)
  • $45.03 Cap: $18.58B
  • View XIU Profile
  • View Questions on XIU
• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $39.90)
  • $39.90 P/E (TTM): 14.87X Cap: $1.04B
  • View CDZ Profile
  • View Questions on CDZ
• iShares U.S. Small Cap Index ETF (CAD-Hedged) (XSU $46.71)
  • $46.71 P/E (TTM): 16.97X Cap: $662M
  • View XSU Profile
  • View Questions on XSU
• RBC Canadian Dividend Fund Series A (RBF266 $123.72)
  • $123.72 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 $25.95)
  • $25.95 Cap: $1.32B
  • View ZDV Profile
  • View Questions on ZDV
• Global X Active Canadian Dividend ETF (HAL $24.92)
  • $24.92 P/E (TTM): 14.93X Cap: $114M
  • View HAL Profile
  • View Questions on HAL
• iShares Canadian Select Dividend Index ETF (XDV $36.44)
  • $36.44 P/E (TTM): 11.58X Cap: $1.97B
  • View XDV Profile
  • View Questions on XDV
• iShares S&P/TSX Composite High Dividend Index ETF (XEI $31.33)
  • $31.33 P/E (TTM): 4.93X Cap: $2.49B
  • View XEI Profile
  • View Questions on XEI
• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $39.90)
  • $39.90 P/E (TTM): 14.87X Cap: $1.04B
  • View CDZ Profile
  • View Questions on CDZ
• Invesco Canadian Dividend Index ETF (PDC $39.68)
  • $39.68 P/E (TTM): 13.33X Cap: $892M
  • View PDC Profile
  • View Questions on PDC
• Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY $58.01)
  • $58.01 P/E (TTM): 5.96X Cap: $4.84B
  • 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 $88.94)
  • $88.94 P/E (TTM): 17.23X Cap: $109.78B
  • View BNS Profile
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  • View Reports on BNS
• Sun Life Financial Inc. (SLF $85.55)
  • $85.55 P/E (TTM): 15.52X Cap: $49.13B
  • View SLF Profile
  • View Questions on SLF
  • View Reports on SLF
• Magna International Inc. (MG $62.50)
  • $62.50 P/E (TTM): 11.03X Cap: $18.17B
  • View MG Profile
  • View Questions on MG
  • View Reports on MG
• Thomson Reuters Corporation (TRI $210.35)
  • $210.35 P/E (TTM): 42.32X Cap: $95.43B
  • View TRI Profile
  • View Questions on TRI
• goeasy Ltd. (GSY $159.76)
  • $159.76 P/E (TTM): 9.83X Cap: $2.60B
  • View GSY Profile
  • View Questions on GSY
  • View Reports on GSY
• Global X Active Canadian Dividend ETF (HAL $24.92)
  • $24.92 P/E (TTM): 14.93X Cap: $114M
  • View HAL Profile
  • View Questions on HAL
• iShares Canadian Select Dividend Index ETF (XDV $36.44)
  • $36.44 P/E (TTM): 11.58X Cap: $1.97B
  • View XDV Profile
  • View Questions on XDV
• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $39.90)
  • $39.90 P/E (TTM): 14.87X Cap: $1.04B
  • View CDZ Profile
  • View Questions on CDZ
• iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV $34.73)
  • $34.73 P/E (TTM): 10.27X Cap: $3.11B
  • 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
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  • View Reports on PLC
• Chartwell Retirement Residences (CSH.UN $19.79)
  • $19.79 P/E (TTM): 91.0X Cap: $5.78B
  • 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 $76.51)
  • $76.51 P/E (TTM): 29.48X Cap: $3.94B
  • View EIF Profile
  • View Questions on EIF
• iShares Canadian Select Dividend Index ETF (XDV $36.44)
  • $36.44 P/E (TTM): 11.58X Cap: $1.97B
  • View XDV Profile
  • View Questions on XDV
• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $39.90)
  • $39.90 P/E (TTM): 14.87X 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

• iShares Canadian Select Dividend Index ETF (XDV $36.44)
  • $36.44 P/E (TTM): 11.58X Cap: $1.97B
  • View XDV Profile
  • View Questions on XDV
• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $39.90)
  • $39.90 P/E (TTM): 14.87X Cap: $1.04B
  • View CDZ Profile
  • View Questions on CDZ
• iShares Core High Dividend ETF (HDV $121.65)
  • $121.65 P/E (TTM): 19.45X Cap: $11.59B
  • View HDV Profile
  • View Questions on HDV
• iShares International Select Dividend ETF (IDV $36.22)
  • $36.22 P/E (TTM): 25.87X Cap: $5.89B
  • View IDV Profile
  • View Questions on IDV
• International Multi-Asset Diversified Income Index (FID $19.67)
  • $19.67 P/E (TTM): 7.83X Cap: $121M
  • View FID Profile
  • View Questions on FID

Q: After selling a rental property I now have cash that equals approx 25% of my investment portfolio. My goal with this cash would be to create a mini portfolio within 2 TFSA's to produce dividend income to help with everyday expenses for the next 5 years or so. After this time the investments would be sold and incorporated into my balanced portfolio as the income should no longer be needed. I am looking to keep the portfolio to a max of 6 positions that are diversified from a geographical and sector standpoint. I do not have an exact income requirement, but 4% was my initial target. What investments would you suggest to meet my goals? Feel free to deduct as many credits as required.

Upvote 0

Read Answer Asked by justin on September 09, 2021