CDIV.TO Alternatives & Similar ETFs

Manulife Smart Dividend ETF (CDIV.TO) belongs to the Dividend category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with CDIV.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to CDIV.TO

CDIV.TO charges 0.28% annually. There are 5 ETFs in the Dividend category with lower expense ratios, going as low as 0.09%.

Symbol	Name	Expense Ratio	AUM	Inception
ZDIV.TO	BMO MSCI Canada IMI High Dividend Yield Index ETF	0.09%	—	Feb 2026	CDIV.TO vs ZDIV.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	0.11%	5.25B	Jun 2017	CDIV.TO vs XDIV.TO
XDU.TO	iShares Core MSCI US Quality Dividend Index ETF	0.16%	286.82M	Jun 2017	CDIV.TO vs XDU.TO
XDUH.TO	iShares Core MSCI US Quality Dividend Index ETF (C...	0.16%	98.69M	Jun 2017	CDIV.TO vs XDUH.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	0.22%	7.99B	Nov 2012	CDIV.TO vs VDY.TO

Best Risk-Adjusted Alternatives to CDIV.TO

CDIV.TO has a PortfoliosLab risk / return rank of 81. There are 6 ETFs in the Dividend category with higher risk-adjusted ranks, going as high as 98.

Symbol	Name	Risk / Return Rank	AUM	Inception
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	98	7.99B	Nov 2012	CDIV.TO vs VDY.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	98	5.25B	Jun 2017	CDIV.TO vs XDIV.TO
TBNK.TO	TD Canadian Bank Dividend Index ETF	96	340.80M	Apr 2023	CDIV.TO vs TBNK.TO
FCCD.TO	Fidelity Canadian High Dividend Index ETF	94	365.90M	Sep 2018	CDIV.TO vs FCCD.TO
CWIN.TO	HAMILTON CHAMPIONS Enhanced Canadian Dividend ETF ...	83	—	Jan 2025	CDIV.TO vs CWIN.TO

Top Performing CDIV.TO Alternatives (YTD)

CDIV.TO is at 14.31% YTD. There are 6 ETFs in the Dividend category with higher YTD returns, going as high as 27.69%.

Symbol	Name	YTD Return	AUM	Inception
DXU.TO	Dynamic Active U.S. Dividend ETF	27.69%	82.94M	Sep 2024	CDIV.TO vs DXU.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	20.59%	7.99B	Nov 2012	CDIV.TO vs VDY.TO
TBNK.TO	TD Canadian Bank Dividend Index ETF	19.17%	340.80M	Apr 2023	CDIV.TO vs TBNK.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	19.17%	5.25B	Jun 2017	CDIV.TO vs XDIV.TO
ZDY.TO	BMO US Dividend ETF (CAD)	18.13%	865.68M	Mar 2013	CDIV.TO vs ZDY.TO

Lowest Volatility Alternatives to CDIV.TO

CDIV.TO has 12.05% 1-year volatility. There are 14 ETFs in the Dividend category with lower 1-year volatility, going as low as 6.79%.

Symbol	Name	Volatility 1Y	AUM	Inception
PDIV.TO	Purpose Enhanced Dividend Fund ETF	6.79%	212.60M	Jan 2018	CDIV.TO vs PDIV.TO
VUDV.TO	Vanguard U.S. High Dividend Yield Index ETF	7.57%	—	Mar 2026	CDIV.TO vs VUDV.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	7.85%	5.25B	Jun 2017	CDIV.TO vs XDIV.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	8.21%	7.99B	Nov 2012	CDIV.TO vs VDY.TO
FCCD.TO	Fidelity Canadian High Dividend Index ETF	8.37%	365.90M	Sep 2018	CDIV.TO vs FCCD.TO

Lowest Drawdown Alternatives to CDIV.TO

CDIV.TO has a 1-year max drawdown of -7.48%. There are 12 ETFs in the Dividend category with shallower 1-year drawdowns, going as shallow as -2.33%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	-2.33%	5.25B	Jun 2017	CDIV.TO vs XDIV.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	-3.12%	7.99B	Nov 2012	CDIV.TO vs VDY.TO
PDIV.TO	Purpose Enhanced Dividend Fund ETF	-5.22%	212.60M	Jan 2018	CDIV.TO vs PDIV.TO
FCCD.TO	Fidelity Canadian High Dividend Index ETF	-5.67%	365.90M	Sep 2018	CDIV.TO vs FCCD.TO
XDUH.TO	iShares Core MSCI US Quality Dividend Index ETF (C...	-6.08%	98.69M	Jun 2017	CDIV.TO vs XDUH.TO

Other ETFs from Manulife

The 1 most viewed Manulife ETFs shown here include IDIV-B.TO and span 1 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
IDIV-B.TO	Manulife Smart International Dividend ETF Unhedged...	Dividend	53	10.75%	—	Nov 2022	CDIV.TO vs IDIV-B.TO

Often Compared With CDIV.TO

Investors most often compare CDIV.TO with XEI.TO, XHD.TO, XDG.TO. These 14 comparison targets span 7 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	Canada Equities	98	22.21%	4.02B	Apr 2011	CDIV.TO vs XEI.TO
XHD.TO	iShares U.S. High Dividend Equity Index ETF (CAD-H...	Large Cap Blend Equities, Dividend	30	11.94%	225.36M	Aug 2012	CDIV.TO vs XHD.TO
XDG.TO	iShares Core MSCI Global Quality Dividend Index ET...	Global Equities	54	9.07%	737.50M	Jun 2017	CDIV.TO vs XDG.TO
ZEA.TO	BMO MSCI EAFE Index ETF	Global Equities	44	10.01%	12.24B	Feb 2014	CDIV.TO vs ZEA.TO
CUD.TO	iShares US Dividend Growers Index ETF (CAD-Hedged)	Large Cap Value Equities, Dividend	15	5.32%	238.76M	Sep 2011	CDIV.TO vs CUD.TO
FCID.TO	Fidelity International High Dividend ETF	Dividend	64	10.23%	326.60M	Sep 2018	CDIV.TO vs FCID.TO
VGG.TO	Vanguard U.S. Dividend Appreciation Index ETF	Dividend, Large Cap Blend Equities	59	8.57%	2.46B	Aug 2013	CDIV.TO vs VGG.TO
VGH.TO	Vanguard U.S. Dividend Appreciation Index ETF CAD-...	Dividend	47	6.70%	1.00B	Aug 2013	CDIV.TO vs VGH.TO
VIDY.TO	Vanguard FTSE Developed ex North America High Divi...	Foreign Large Cap Equities, Dividend	59	10.45%	1.90B	Aug 2018	CDIV.TO vs VIDY.TO
XHU.TO	iShares U.S. High Dividend Equity Index ETF	Large Cap Blend Equities, Dividend	32	13.95%	184.48M	Feb 2015	CDIV.TO vs XHU.TO
XEQT.TO	iShares Core Equity ETF Portfolio	Global Equities	75	12.29%	18.41B	Aug 2019	CDIV.TO vs XEQT.TO
TUEX.TO	TD Active U.S. Enhanced Dividend CAD Hedged ETF	Dividend, Large Cap Blend Equities	50	12.01%	12.86M	Apr 2023	CDIV.TO vs TUEX.TO
HDIV.TO	Hamilton Enhanced Canadian Covered Call ETF	Derivative Income	92	16.21%	1.63B	Jul 2021	CDIV.TO vs HDIV.TO
LLYH.TO	Harvest Eli Lilly High Income Shares ETF Class A U...	Dividend	36	3.76%	—	Aug 2024	CDIV.TO vs LLYH.TO

Compare CDIV.TO with Any Fund or Stock

Compare CDIV.TO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

Diversifiers

Pair CDIV.TO with funds that move differently

Manulife Smart Dividend ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CDIV.TO.

Explore CDIV.TO Diversifiers

Manulife Smart Dividend ETF (CDIV.TO) Alternatives