Investment Q&A

• iShares Canadian Select Dividend Index ETF (XDV $40.48)
  • $40.48 P/E (TTM): 11.74X Cap: $2.21B
  • View XDV Profile
  • View Questions on XDV
• iShares S&P/TSX Composite High Dividend Index ETF (XEI $33.37)
  • $33.37 P/E (TTM): 12.81X Cap: $2.98B
  • View XEI Profile
  • View Questions on XEI
• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $42.07)
  • $42.07 P/E (TTM): 15.33X Cap: $1.10B
  • View CDZ Profile
  • View Questions on CDZ
• Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY $63.35)
  • $63.35 P/E (TTM): 5.9X Cap: $5.83B
  • View VDY Profile
  • View Questions on VDY
• iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV $37.51)
  • $37.51 P/E (TTM): 11.86X Cap: $3.90B
  • 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 S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $42.07)
  • $42.07 P/E (TTM): 15.33X Cap: $1.10B
  • View CDZ Profile
  • View Questions on CDZ
• Vanguard FTSE Developed All Cap ex North America Index ETF (VIU $45.05)
  • $45.05 P/E (TTM): 23.36X Cap: $8.34B
  • View VIU Profile
  • View Questions on VIU
• iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV $37.51)
  • $37.51 P/E (TTM): 11.86X Cap: $3.90B
  • View XDIV Profile
  • View Questions on XDIV
• State Street SPDR Portfolio S&P 500 High Dividend ETF (SPYD $44.92)
  • $44.92 P/E (TTM): 15.94X Cap: $7.47B
  • View SPYD Profile
  • View Questions on SPYD
• FRANKLIN INTERNATIONAL LOW VOLATILITY HIGH DIVIDEND INDEX ETF (FLVI)
  • P/E (TTM): 21.83X
  • View FLVI Profile
  • View Questions on FLVI

Q: A follow up question on portfolio construction. I’ve decided to try and get more dividends while I wait for capital appreciation inside my TFSA.

So the portfolio will be 20% International holding FLVI and VIU. 45% Canadian and will hold XDIV and CDZ. The 55% US will hold SPYD, VYM, HVD and all 11 sectors through Vanguard or ishares.

I’m looking to collect some dividends while I wait for capital gains and realize I will not get full dividends on the US ETFs. What are your thoughts on this set up, is there anything to improve either with diversification or higher dividends? Appreciate your service.

Upvote 1

Read Answer Asked by Mark on December 12, 2025

• Invesco NASDAQ 100 Index ETF (QQC $41.83)
  • $41.83 P/E (TTM): 30.28X Cap: $1.40B
  • View QQC Profile
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• iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV $37.51)
  • $37.51 P/E (TTM): 11.86X Cap: $3.90B
  • View XDIV Profile
  • View Questions on XDIV
• Vanguard All-Equity ETF Portfolio (VEQT $55.80)
  • $55.80 P/E (TTM): 9.08X Cap: $11.13B
  • View VEQT Profile
  • View Questions on VEQT

Q: I hold VEQT, QQC, XDIV, QDAY & GIAX. I am selling all stocks and moving to ETF. My goal is to keep it simple and less monitoring.

Do you think there is a need to own SP500 & TSX ETF. If yes which one would you recommend.

Thanks for your excellent advice.

Upvote 4

Read Answer Asked by Hector on November 26, 2025

• iShares S&P/TSX Composite High Dividend Index ETF (XEI $33.37)
  • $33.37 P/E (TTM): 12.81X Cap: $2.98B
  • View XEI Profile
  • View Questions on XEI
• Vanguard FTSE Developed All Cap ex North America Index ETF (VIU $45.05)
  • $45.05 P/E (TTM): 23.36X Cap: $8.34B
  • View VIU Profile
  • View Questions on VIU
• Vanguard U.S. Dividend Appreciation Index ETF (VGG $106.41)
  • $106.41 Cap: $2.35B
  • View VGG Profile
  • View Questions on VGG
• iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV $37.51)
  • $37.51 P/E (TTM): 11.86X Cap: $3.90B
  • View XDIV Profile
  • View Questions on XDIV
• Fidelity Canadian Momentum ETF FCCM (FCCM $11.33)
  • View FCCM Profile
  • View Questions on FCCM

Q: these ETFs are my main yield workhorses. Can you suggest others to compliment them?

Upvote 7

Read Answer Asked by Mark on November 25, 2025

• iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV $37.51)
  • $37.51 P/E (TTM): 11.86X Cap: $3.90B
  • View XDIV Profile
  • View Questions on XDIV
• RBC Canadian Dividend Fund Series A (RBF266 $131.85)
  • $131.85 P/E (TTM): 11.6X
  • View RBF266 Profile
  • View Questions on RBF266

Q: Could you suggest a suitable replacement ETF for RBF266?
Thanks Ron

Upvote 5

Read Answer Asked by Ronald on November 18, 2025

• iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV $37.51)
  • $37.51 P/E (TTM): 11.86X Cap: $3.90B
  • View XDIV Profile
  • View Questions on XDIV
• EnerSys (ENS $168.15)
  • $168.15 P/E (TTM): 19.67X Cap: $6.20B
  • View ENS Profile
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• Tantalus Systems Holding Inc. (GRID $5.14)
  • $5.14 Cap: $257M
  • View GRID Profile
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• Cellebrite DI Ltd. (CLBT $17.00)
  • $17.00 Cap: $4.07B
  • View CLBT Profile
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Q: Dear 5i
What conservative CDN ETF with a focus on dividends would pair well with XIC that is currently owned within a registered account ?
Does ENS , GRID or CLBT have a higher earnings growth rate over the next couple of years ?
Thanks
Bill C

Upvote 6

Read Answer Asked by Bill on November 18, 2025

• Dream Industrial Real Estate Investment Trust (DIR.UN $13.34)
  • $13.34 P/E (TTM): 31.44X Cap: $3.91B
  • View DIR.UN Profile
  • View Questions on DIR.UN
  • View Reports on DIR.UN
• iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV $37.51)
  • $37.51 P/E (TTM): 11.86X Cap: $3.90B
  • View XDIV Profile
  • View Questions on XDIV

Q: Can you tell me which of these 2 would be best in a TFSA vs a regular account for tax purposes?

thank you

Upvote 3

Read Answer Asked by Mark on November 03, 2025

• iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV $37.51)
  • $37.51 P/E (TTM): 11.86X Cap: $3.90B
  • View XDIV Profile
  • View Questions on XDIV
• Hamilton Enhanced Canadian Covered Call ETF (HDIV $21.61)
  • $21.61 P/E (TTM): 17.11X Cap: $1.24B
  • View HDIV Profile
  • View Questions on HDIV

Q: Good day, I hold both these etfs in a tfsa. Looking to consolidate into one. I’m leaning towards HDIV. Thoughts?

Seamus

Upvote 1

Read Answer Asked by Seamus on September 30, 2025

• BMO Canadian Dividend ETF (ZDV $28.45)
  • $28.45 P/E (TTM): 13.11X Cap: $1.46B
  • View ZDV Profile
  • View Questions on ZDV
• BMO Equal Weight Utilities Index ETF (ZUT $25.73)
  • $25.73 P/E (TTM): 17.91X Cap: $829M
  • View ZUT Profile
  • View Questions on ZUT
• iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV $37.51)
  • $37.51 P/E (TTM): 11.86X Cap: $3.90B
  • View XDIV Profile
  • View Questions on XDIV
• Hamilton Canadian Financials YIELD MAXIMIZER TM ETF (HMAX $16.39)
  • $16.39 P/E (TTM): 9.13X Cap: $2B
  • View HMAX Profile
  • View Questions on HMAX
• Hamilton Utilities YIELD MAXIMIZER TM ETF (UMAX $13.24)
  • $13.24 P/E (TTM): 15.01X Cap: $1.06B
  • View UMAX Profile
  • View Questions on UMAX
• Evolve Canadian Utilities Enhanced Yield Index Fund (UTES $9.09)
  • $9.09 P/E (TTM): 17.19X Cap: $267M
  • View UTES Profile
  • View Questions on UTES

Q: Hi,

I’m a real estate investor and I love monthly distributions—HMAX and UMAX felt a lot like collecting rent. However, after realizing a significant portion of their payouts is ROC, I’m exploring alternatives that offer high dividends, low ROC, DRIP eligibility, and potential capital appreciation.

My horizon is 20+ years. Could you suggest 2–3 ETF ideas in Financials and Utilities that fit this profile in the Canadian market ideally or global.

Thanks,

Upvote 4

Read Answer Asked by Richard on August 25, 2025

• Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY $63.35)
  • $63.35 P/E (TTM): 5.9X Cap: $5.83B
  • View VDY Profile
  • View Questions on VDY
• iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV $37.51)
  • $37.51 P/E (TTM): 11.86X Cap: $3.90B
  • View XDIV Profile
  • View Questions on XDIV

Q: Your thoughts please on replacing the income portfolio with xdiv or vdy. Long term performance of 5 years is much better on the ETFs.

Thx

Upvote 1

Read Answer Asked by blake on June 16, 2025

• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $42.07)
  • $42.07 P/E (TTM): 15.33X Cap: $1.10B
  • View CDZ Profile
  • View Questions on CDZ
• iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV $37.51)
  • $37.51 P/E (TTM): 11.86X Cap: $3.90B
  • View XDIV Profile
  • View Questions on XDIV
• TD Q Canadian Dividend ETF (TQCD $26.14)
  • $26.14 P/E (TTM): 14.83X Cap: $1.97B
  • View TQCD Profile
  • View Questions on TQCD

Q: Good morning all. Could we please have your viewpoint on the above ETFs. TQCD seems to have the best total return over 5 years (according to Koyfin). Do you think this position can be maintained over the coming years?

Upvote 1

Read Answer Asked by Roger on June 10, 2025

• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $42.07)
  • $42.07 P/E (TTM): 15.33X Cap: $1.10B
  • View CDZ Profile
  • View Questions on CDZ
• iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV $37.51)
  • $37.51 P/E (TTM): 11.86X Cap: $3.90B
  • View XDIV Profile
  • View Questions on XDIV

Q: 1. For a Canadian dividend ETF, do you prefer CDZ or XDIV. CDZ has a much higher MER.
2. What would be 5 Canadian dividend stocks that you would purchase today if I choose not to proceed with one of the above ETFs ?

Upvote 2

Read Answer Asked by Thomas on June 10, 2025

• Royal Bank of Canada (RY $234.96)
  • $234.96 P/E (TTM): 16.33X Cap: $329.63B
  • View RY Profile
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• Fairfax Financial Holdings Limited Subordinate Voting Shares (FFH $2,399.98)
  • $2,399.98 P/E (TTM): 8.13X Cap: $51.96B
  • View FFH Profile
  • View Questions on FFH
• Constellation Software Inc. (CSU $2,791.01)
  • $2,791.01 P/E (TTM): 65.08X Cap: $59.14B
  • View CSU Profile
  • View Questions on CSU
  • View Reports on CSU
• Fortis Inc. (FTS $72.49)
  • $72.49 P/E (TTM): 20.71X Cap: $36.53B
  • View FTS Profile
  • View Questions on FTS
• Brookfield Infrastructure Partners L.P. (BIP.UN $48.36)
  • $48.36 P/E (TTM): 54.07X Cap: $22.30B
  • View BIP.UN Profile
  • View Questions on BIP.UN
• Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY $63.35)
  • $63.35 P/E (TTM): 5.9X Cap: $5.83B
  • View VDY Profile
  • View Questions on VDY
• iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV $37.51)
  • $37.51 P/E (TTM): 11.86X Cap: $3.90B
  • View XDIV Profile
  • View Questions on XDIV
• Enbridge Inc (ENB $47.59)
  • $47.59 P/E (TTM): 25.3X Cap: $103.63B
  • View ENB Profile
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• Lumine Group Inc. (LMN $24.48)
  • $24.48 P/E (TTM): 91.92X Cap: $6.23B
  • View LMN Profile
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  • View Reports on LMN

Q: I have above stocks in my RRSP I like to drop FFH and trim CSU LMN (i'm up 150% on both), like to add AD.UN DIR.UN or T, trying to increase my income as I'm retired, the idea is to preserve capital, is it a good time to add this new stocks ? thanks

Upvote 6

Read Answer Asked by Fernando on May 13, 2025

• iShares Core S&P 500 Index ETF (CAD-Hedged) (XSP $70.27)
  • $70.27 P/E (TTM): 27.0X Cap: $13.93B
  • View XSP Profile
  • View Questions on XSP
• iShares S&P/TSX Composite High Dividend Index ETF (XEI $33.37)
  • $33.37 P/E (TTM): 12.81X Cap: $2.98B
  • View XEI Profile
  • View Questions on XEI
• iShares S&P/TSX 60 Index ETF (XIU $48.65)
  • $48.65 P/E (TTM): 16.81X Cap: $20.77B
  • View XIU Profile
  • View Questions on XIU
• iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV $37.51)
  • $37.51 P/E (TTM): 11.86X Cap: $3.90B
  • View XDIV Profile
  • View Questions on XDIV

Q: hi
I’m trying to build a simple ETF portfolio with TSX & S&P500 exposure so that’s it’s easy to add during dips.
For the S&P500 i’m thinking XSP.
Not sure what to do about the TSX. Undecided on XIU, XEI or XDIV. I realize the composition of each is different. Energy, Financials, Utilities etc. What would you do?
Thanks

Upvote 3

Read Answer Asked by Carlo on April 15, 2025

• BMO S&P 500 Index ETF (ZSP $104.10)
  • $104.10 P/E (TTM): 25.8X Cap: $22.07B
  • View ZSP Profile
  • View Questions on ZSP
• BMO Equal Weight Banks Index ETF (ZEB $59.19)
  • $59.19 P/E (TTM): 11.77X Cap: $5.57B
  • View ZEB Profile
  • View Questions on ZEB
• iShares Core S&P/TSX Capped Composite Index ETF (XIC $52.82)
  • $52.82 P/E (TTM): 20.8X Cap: $23.48B
  • View XIC Profile
  • View Questions on XIC
• iShares S&P/TSX Capped Information Technology Index ETF (XIT $75.67)
  • $75.67 P/E (TTM): 54.66X Cap: $698M
  • View XIT Profile
  • View Questions on XIT
• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $42.07)
  • $42.07 P/E (TTM): 15.33X Cap: $1.10B
  • View CDZ Profile
  • View Questions on CDZ
• Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY $63.35)
  • $63.35 P/E (TTM): 5.9X Cap: $5.83B
  • View VDY Profile
  • View Questions on VDY
• iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV $37.51)
  • $37.51 P/E (TTM): 11.86X Cap: $3.90B
  • View XDIV Profile
  • View Questions on XDIV
• BMO Nasdaq 100 Equity Index ETF (ZNQ $111.74)
  • $111.74 P/E (TTM): 29.23X Cap: $2.01B
  • View ZNQ Profile
  • View Questions on ZNQ

Q: Could you please provide your top 5 Canadian ETFS and top 3 dividend Canadian ETFs.  Rank the ETFs as well

Upvote 7

Read Answer Asked by Don on April 08, 2025

• iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV $37.51)
  • $37.51 P/E (TTM): 11.86X Cap: $3.90B
  • View XDIV Profile
  • View Questions on XDIV

Q: This etf seems to have come out of the latest downturn without to much difficulty, so wandering what the reason for this latest performance. Is it because of the fairly low fees, or the quality of the stocks being held or is it a combination of a number of factors. I am thinking of investing in this etf for the long haul. Many tnx.

Upvote 5

Read Answer Asked by Jacques on March 21, 2025

• iShares S&P/TSX Composite High Dividend Index ETF (XEI $33.37)
  • $33.37 P/E (TTM): 12.81X Cap: $2.98B
  • View XEI Profile
  • View Questions on XEI
• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $42.07)
  • $42.07 P/E (TTM): 15.33X Cap: $1.10B
  • View CDZ Profile
  • View Questions on CDZ
• Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY $63.35)
  • $63.35 P/E (TTM): 5.9X Cap: $5.83B
  • View VDY Profile
  • View Questions on VDY
• iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV $37.51)
  • $37.51 P/E (TTM): 11.86X Cap: $3.90B
  • View XDIV Profile
  • View Questions on XDIV

Q: I sold my individual dividend stocks and am replacing them with an ETF for simplicity. How would you rate/compare these dividendETFS? Which two do you prefer? I'll put 1 in my rrsp and a another in my TFSA. I am diversified in other countries already. I'm thinking XDIV and XEI might be the safest?

Upvote 4

Read Answer Asked by Carla on February 24, 2025

• BMO Equal Weight US Banks Index ETF (ZBK $43.55)
  • $43.55 P/E (TTM): 12.14X Cap: $672M
  • View ZBK Profile
  • View Questions on ZBK
• BMO MSCI USA High Quality Index ETF (ZUQ $99.56)
  • $99.56 P/E (TTM): 24.94X Cap: $1.26B
  • View ZUQ Profile
  • View Questions on ZUQ
• Global X S&P 500 Index Corporate Class ETF (HXS $98.92)
  • $98.92 Cap: $5.83B
  • View HXS Profile
  • View Questions on HXS
• iShares Core S&P/TSX Capped Composite Index ETF (XIC $52.82)
  • $52.82 P/E (TTM): 20.8X Cap: $23.48B
  • View XIC Profile
  • View Questions on XIC
• iShares S&P/TSX 60 Index ETF (XIU $48.65)
  • $48.65 P/E (TTM): 16.81X Cap: $20.77B
  • View XIU Profile
  • View Questions on XIU
• Vanguard U.S. Dividend Appreciation Index ETF (VGG $106.41)
  • $106.41 Cap: $2.35B
  • View VGG Profile
  • View Questions on VGG
• Global X Europe 50 Index Corporate Class ETF (HXX $67.77)
  • $67.77 Cap: $176M
  • View HXX Profile
  • View Questions on HXX
• iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV $37.51)
  • $37.51 P/E (TTM): 11.86X Cap: $3.90B
  • View XDIV Profile
  • View Questions on XDIV
• BMO S&P US Mid Cap Index ETF (ZMID $51.65)
  • $51.65 P/E (TTM): 20.43X Cap: $306M
  • View ZMID Profile
  • View Questions on ZMID

Q: I have CAD to invest in Canadian-dollar denominated ETFs: (1) Canadian stocks - VGG. XIU XIC XDIV; (2) US ETFs in CAD FX - HXS ZUQ ZMID and ZBK and (3) - EU ETF - HXX. How to go about assessing one against the other. Is there a better ETF in each group you would prefer? Would appreciate guidance on which ones are keepers for long-term hold? How would you evaluate them?

Upvote 5

Read Answer Asked by sam on February 14, 2025

• iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV $37.51)
  • $37.51 P/E (TTM): 11.86X Cap: $3.90B
  • View XDIV Profile
  • View Questions on XDIV

Q: To my big surprise the monthly income from XDIV is classified as "interests" income at BMO Investorline and not as dividends income. A T5 slip will confirm this in a few weeks but in your view should it be interest or dividend? Thanks.

Upvote 2

Read Answer Asked by Charles on January 13, 2025

• iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV $37.51)
  • $37.51 P/E (TTM): 11.86X Cap: $3.90B
  • View XDIV Profile
  • View Questions on XDIV

Q: I am a retired senior in his mid 70s and looking for monthly dividend income. I am looking for your opinion on this particular ETF to see if it would fit the bill. The etf I am looking for would have to be low to med risk and carry a descent monthly dividend, and have low fees. One of my concerns with this etf is diversification as it appears to only hold 20 stocks. Your opinion on this etf or any other one that would fit the bill would be appreciated. Thank you.

Upvote 6

Read Answer Asked by Jacques on January 08, 2025