Investment Q&A

• iShares Canadian Select Dividend Index ETF (XDV $42.02)
  • $42.02 P/E (TTM): 12.91X Cap: $2.28B
  • View XDV Profile
  • View Questions on XDV
• iShares S&P/TSX Composite High Dividend Index ETF (XEI $35.50)
  • $35.50 P/E (TTM): 13.77X Cap: $3.32B
  • View XEI Profile
  • View Questions on XEI
• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $43.58)
  • $43.58 P/E (TTM): 15.96X Cap: $1.13B
  • View CDZ Profile
  • View Questions on CDZ
• Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY $66.48)
  • $66.48 P/E (TTM): 12.53X Cap: $6.43B
  • View VDY Profile
  • View Questions on VDY
• iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV $38.61)
  • $38.61 P/E (TTM): 12.05X Cap: $4.21B
  • View XDIV Profile
  • View Questions on XDIV

Q: Would you please recommend some high dividend ETF for low risk. It can be either only Canadian stocks or mixed with US and Canada. May thanks

Upvote 12

Read Answer Asked by kwokwai on January 08, 2026

• iShares Canadian Select Dividend Index ETF (XDV $42.02)
  • $42.02 P/E (TTM): 12.91X Cap: $2.28B
  • View XDV Profile
  • View Questions on XDV
• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $43.58)
  • $43.58 P/E (TTM): 15.96X Cap: $1.13B
  • View CDZ Profile
  • View Questions on CDZ
• Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY $66.48)
  • $66.48 P/E (TTM): 12.53X Cap: $6.43B
  • View VDY Profile
  • View Questions on VDY

Q: Can you suggest a couple of low risk Cdn. ETF's with good dividend rates and with a low MER?

Upvote 8

Read Answer Asked by Bill on December 01, 2025

• BMO Canadian Dividend ETF (ZDV $29.84)
  • $29.84 P/E (TTM): 11.91X Cap: $1.58B
  • View ZDV Profile
  • View Questions on ZDV
• iShares Canadian Select Dividend Index ETF (XDV $42.02)
  • $42.02 P/E (TTM): 12.91X Cap: $2.28B
  • View XDV Profile
  • View Questions on XDV
• iShares S&P/TSX Composite High Dividend Index ETF (XEI $35.50)
  • $35.50 P/E (TTM): 13.77X Cap: $3.32B
  • View XEI Profile
  • View Questions on XEI
• Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY $66.48)
  • $66.48 P/E (TTM): 12.53X Cap: $6.43B
  • 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 $42.02)
  • $42.02 P/E (TTM): 12.91X Cap: $2.28B
  • View XDV Profile
  • View Questions on XDV
• Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY $66.48)
  • $66.48 P/E (TTM): 12.53X Cap: $6.43B
  • 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 $53.08)
  • $53.08 P/E (TTM): 6.05X Cap: $3.88B
  • View XAW Profile
  • View Questions on XAW
• BMO International Dividend ETF (ZDI $31.55)
  • $31.55 P/E (TTM): 18.89X Cap: $833M
  • View ZDI Profile
  • View Questions on ZDI
• BMO International Dividend Hedged to CAD ETF (ZDH $34.37)
  • $34.37 P/E (TTM): 2.61X Cap: $232M
  • View ZDH Profile
  • View Questions on ZDH
• BMO Ultra Short-Term Bond ETF (ZST $49.13)
  • $49.13 Cap: $3.85B
  • View ZST Profile
  • View Questions on ZST
• iShares Canadian Select Dividend Index ETF (XDV $42.02)
  • $42.02 P/E (TTM): 12.91X Cap: $2.28B
  • 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 $42.02)
  • $42.02 P/E (TTM): 12.91X Cap: $2.28B
  • View XDV Profile
  • View Questions on XDV
• iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV $38.61)
  • $38.61 P/E (TTM): 12.05X Cap: $4.21B
  • 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 $42.02)
  • $42.02 P/E (TTM): 12.91X Cap: $2.28B
  • View XDV Profile
  • View Questions on XDV
• iShares S&P/TSX Composite High Dividend Index ETF (XEI $35.50)
  • $35.50 P/E (TTM): 13.77X Cap: $3.32B
  • View XEI Profile
  • View Questions on XEI
• Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY $66.48)
  • $66.48 P/E (TTM): 12.53X Cap: $6.43B
  • View VDY Profile
  • View Questions on VDY
• iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV $38.61)
  • $38.61 P/E (TTM): 12.05X Cap: $4.21B
  • 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 $35.93)
  • $35.93 P/E (TTM): 20.81X Cap: $154M
  • View ZUD Profile
  • View Questions on ZUD
• iShares Canadian Select Dividend Index ETF (XDV $42.02)
  • $42.02 P/E (TTM): 12.91X Cap: $2.28B
  • View XDV Profile
  • View Questions on XDV
• Schwab US Dividend Equity ETF (SCHD $31.57)
  • $31.57 P/E (TTM): 16.76X Cap: $84.35B
  • 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 $29.84)
  • $29.84 P/E (TTM): 11.91X Cap: $1.58B
  • View ZDV Profile
  • View Questions on ZDV
• iShares Canadian Select Dividend Index ETF (XDV $42.02)
  • $42.02 P/E (TTM): 12.91X Cap: $2.28B
  • View XDV Profile
  • View Questions on XDV
• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $43.58)
  • $43.58 P/E (TTM): 15.96X Cap: $1.13B
  • View CDZ Profile
  • View Questions on CDZ
• Vanguard Canadian Aggregate Bond Index ETF (VAB $23.25)
  • $23.25 Cap: $6.94B
  • View VAB Profile
  • View Questions on VAB
• iShares Core U.S. Aggregate Bond ETF (AGG $100.88)
  • $100.88 Cap: $140.02B
  • 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 $42.02)
  • $42.02 P/E (TTM): 12.91X Cap: $2.28B
  • View XDV Profile
  • View Questions on XDV
• iShares S&P/TSX Composite High Dividend Index ETF (XEI $35.50)
  • $35.50 P/E (TTM): 13.77X Cap: $3.32B
  • View XEI Profile
  • View Questions on XEI
• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $43.58)
  • $43.58 P/E (TTM): 15.96X Cap: $1.13B
  • View CDZ Profile
  • View Questions on CDZ
• Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY $66.48)
  • $66.48 P/E (TTM): 12.53X Cap: $6.43B
  • View VDY Profile
  • View Questions on VDY
• CI High Income Fund Class F (CIG447 $12.47)
  • $12.47 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 $233.96)
  • $233.96 P/E (TTM): 16.23X Cap: $327.59B
  • View RY Profile
  • View Questions on RY
• Toronto-Dominion Bank (The) (TD $131.27)
  • $131.27 P/E (TTM): 11.25X Cap: $224.10B
  • View TD Profile
  • View Questions on TD
• BCE Inc. (BCE $35.01)
  • $35.01 P/E (TTM): 5.29X Cap: $32.64B
  • View BCE Profile
  • View Questions on BCE
• Great-West Lifeco Inc. (GWO $63.76)
  • $63.76 P/E (TTM): 14.46X Cap: $57.78B
  • View GWO Profile
  • View Questions on GWO
• Canadian Utilities Limited Class A Non-Voting Shares (CU $46.84)
  • $46.84 P/E (TTM): 22.72X Cap: $12.60B
  • View CU Profile
  • View Questions on CU
• Granite Real Estate Investment Trust (GRT.UN $87.91)
  • $87.91 P/E (TTM): 42.81X Cap: $5.32B
  • View GRT.UN Profile
  • View Questions on GRT.UN
• iShares Canadian Select Dividend Index ETF (XDV $42.02)
  • $42.02 P/E (TTM): 12.91X Cap: $2.28B
  • View XDV Profile
  • View Questions on XDV
• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $43.58)
  • $43.58 P/E (TTM): 15.96X Cap: $1.13B
  • View CDZ Profile
  • View Questions on CDZ
• Vanguard Canadian Aggregate Bond Index ETF (VAB $23.25)
  • $23.25 Cap: $6.94B
  • View VAB Profile
  • View Questions on VAB
• Hydro One Limited (H $56.84)
  • $56.84 P/E (TTM): 26.15X Cap: $34.09B
  • View H Profile
  • View Questions on H
• iShares Core U.S. Aggregate Bond ETF (AGG $100.88)
  • $100.88 Cap: $140.02B
  • View AGG Profile
  • View Questions on AGG
• Brookfield Asset Management Ltd. Class A Limited Voting Shares (BAM $68.57)
  • $68.57 P/E (TTM): 33.42X Cap: $110.44B
  • 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 $42.02)
  • $42.02 P/E (TTM): 12.91X Cap: $2.28B
  • View XDV Profile
  • View Questions on XDV
• iShares S&P/TSX Composite High Dividend Index ETF (XEI $35.50)
  • $35.50 P/E (TTM): 13.77X Cap: $3.32B
  • View XEI Profile
  • View Questions on XEI
• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $43.58)
  • $43.58 P/E (TTM): 15.96X Cap: $1.13B
  • 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 $42.02)
  • $42.02 P/E (TTM): 12.91X Cap: $2.28B
  • 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 $42.02)
  • $42.02 P/E (TTM): 12.91X Cap: $2.28B
  • View XDV Profile
  • View Questions on XDV
• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $43.58)
  • $43.58 P/E (TTM): 15.96X Cap: $1.13B
  • View CDZ Profile
  • View Questions on CDZ
• Vanguard U.S. Dividend Appreciation Index ETF (VGG $105.86)
  • $105.86 Cap: $2.34B
  • 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 $29.84)
  • $29.84 P/E (TTM): 11.91X Cap: $1.58B
  • View ZDV Profile
  • View Questions on ZDV
• Global X Active Canadian Dividend ETF (HAL $28.98)
  • $28.98 P/E (TTM): 14.93X Cap: $120M
  • View HAL Profile
  • View Questions on HAL
• Global X S&P/TSX 60 Index Corporate Class ETF (HXT $87.17)
  • $87.17 Cap: $4.85B
  • View HXT Profile
  • View Questions on HXT
• iShares Canadian Select Dividend Index ETF (XDV $42.02)
  • $42.02 P/E (TTM): 12.91X Cap: $2.28B
  • View XDV Profile
  • View Questions on XDV
• iShares S&P/TSX Composite High Dividend Index ETF (XEI $35.50)
  • $35.50 P/E (TTM): 13.77X Cap: $3.32B
  • View XEI Profile
  • View Questions on XEI
• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $43.58)
  • $43.58 P/E (TTM): 15.96X Cap: $1.13B
  • View CDZ Profile
  • View Questions on CDZ
• Invesco Canadian Dividend Index ETF (PDC $44.43)
  • $44.43 P/E (TTM): 14.96X Cap: $982M
  • View PDC Profile
  • View Questions on PDC
• Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY $66.48)
  • $66.48 P/E (TTM): 12.53X Cap: $6.43B
  • 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 $28.98)
  • $28.98 P/E (TTM): 14.93X Cap: $120M
  • View HAL Profile
  • View Questions on HAL
• iShares Canadian Select Dividend Index ETF (XDV $42.02)
  • $42.02 P/E (TTM): 12.91X Cap: $2.28B
  • View XDV Profile
  • View Questions on XDV
• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $43.58)
  • $43.58 P/E (TTM): 15.96X Cap: $1.13B
  • 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 $42.02)
  • $42.02 P/E (TTM): 12.91X Cap: $2.28B
  • 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 $29.84)
  • $29.84 P/E (TTM): 11.91X Cap: $1.58B
  • View ZDV Profile
  • View Questions on ZDV
• BMO US Dividend Hedged to CAD ETF (ZUD $35.93)
  • $35.93 P/E (TTM): 20.81X Cap: $154M
  • View ZUD Profile
  • View Questions on ZUD
• iShares Canadian Select Dividend Index ETF (XDV $42.02)
  • $42.02 P/E (TTM): 12.91X Cap: $2.28B
  • View XDV Profile
  • View Questions on XDV
• Invesco Canadian Dividend Index ETF (PDC $44.43)
  • $44.43 P/E (TTM): 14.96X Cap: $982M
  • View PDC Profile
  • View Questions on PDC
• Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY $66.48)
  • $66.48 P/E (TTM): 12.53X Cap: $6.43B
  • View VDY Profile
  • View Questions on VDY
• Vanguard FTSE Canada All Cap Index ETF (VCN $68.34)
  • $68.34 P/E (TTM): 18.1X Cap: $14.23B
  • 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 $10.14)
  • $10.14 Cap: $638M
  • View CGX Profile
  • View Questions on CGX
  • View Reports on CGX
• iShares 1-5 Year Laddered Corporate Bond Index ETF (CBO $18.67)
  • $18.67 Cap: $800M
  • View CBO Profile
  • View Questions on CBO
• iShares Canadian Select Dividend Index ETF (XDV $42.02)
  • $42.02 P/E (TTM): 12.91X Cap: $2.28B
  • View XDV Profile
  • View Questions on XDV
• iShares S&P/TSX 60 Index ETF (XIU $49.30)
  • $49.30 P/E (TTM): 18.52X Cap: $20.98B
  • View XIU Profile
  • View Questions on XIU
• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $43.58)
  • $43.58 P/E (TTM): 15.96X Cap: $1.13B
  • View CDZ Profile
  • View Questions on CDZ
• iShares U.S. Small Cap Index ETF (CAD-Hedged) (XSU $50.05)
  • $50.05 P/E (TTM): 17.7X Cap: $726M
  • View XSU Profile
  • View Questions on XSU
• RBC Canadian Dividend Fund Series A (RBF266 $135.83)
  • $135.83 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 $29.84)
  • $29.84 P/E (TTM): 11.91X Cap: $1.58B
  • View ZDV Profile
  • View Questions on ZDV
• Global X Active Canadian Dividend ETF (HAL $28.98)
  • $28.98 P/E (TTM): 14.93X Cap: $120M
  • View HAL Profile
  • View Questions on HAL
• iShares Canadian Select Dividend Index ETF (XDV $42.02)
  • $42.02 P/E (TTM): 12.91X Cap: $2.28B
  • View XDV Profile
  • View Questions on XDV
• iShares S&P/TSX Composite High Dividend Index ETF (XEI $35.50)
  • $35.50 P/E (TTM): 13.77X Cap: $3.32B
  • View XEI Profile
  • View Questions on XEI
• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $43.58)
  • $43.58 P/E (TTM): 15.96X Cap: $1.13B
  • View CDZ Profile
  • View Questions on CDZ
• Invesco Canadian Dividend Index ETF (PDC $44.43)
  • $44.43 P/E (TTM): 14.96X Cap: $982M
  • View PDC Profile
  • View Questions on PDC
• Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY $66.48)
  • $66.48 P/E (TTM): 12.53X Cap: $6.43B
  • 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