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 6 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%	5.78B	Jun 2017	CDIV.TO vs XDIV.TO
XDU.TO	iShares Core MSCI US Quality Dividend Index ETF	0.16%	293.50M	Jun 2017	CDIV.TO vs XDU.TO
XDUH.TO	iShares Core MSCI US Quality Dividend Index ETF (C...	0.16%	103.60M	Jun 2017	CDIV.TO vs XDUH.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	0.22%	8.59B	Nov 2012	CDIV.TO vs VDY.TO

Best Risk-Adjusted Alternatives to CDIV.TO

CDIV.TO has a PortfoliosLab risk / return rank of 54. There are 21 ETFs in the Dividend category with higher risk-adjusted ranks, going as high as 99.

Symbol	Name	Risk / Return Rank	AUM	Inception
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	99	8.59B	Nov 2012	CDIV.TO vs VDY.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	98	5.78B	Jun 2017	CDIV.TO vs XDIV.TO
TBNK.TO	TD Canadian Bank Dividend Index ETF	98	400.72M	Apr 2023	CDIV.TO vs TBNK.TO
FCCD.TO	Fidelity Canadian High Dividend Index ETF	96	378.40M	Sep 2018	CDIV.TO vs FCCD.TO
CWIN.TO	HAMILTON CHAMPIONS Enhanced Canadian Dividend ETF ...	95	—	Jan 2025	CDIV.TO vs CWIN.TO

Top Performing CDIV.TO Alternatives (YTD)

CDIV.TO is at 16.68% YTD. There are 7 ETFs in the Dividend category with higher YTD returns, going as high as 37.19%.

Symbol	Name	YTD Return	AUM	Inception
TBNK.TO	TD Canadian Bank Dividend Index ETF	37.19%	400.72M	Apr 2023	CDIV.TO vs TBNK.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	29.59%	8.59B	Nov 2012	CDIV.TO vs VDY.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	26.60%	5.78B	Jun 2017	CDIV.TO vs XDIV.TO
DXU.TO	Dynamic Active U.S. Dividend ETF	23.13%	82.94M	Sep 2024	CDIV.TO vs DXU.TO
CWIN.TO	HAMILTON CHAMPIONS Enhanced Canadian Dividend ETF ...	21.69%	—	Jan 2025	CDIV.TO vs CWIN.TO

Lowest Volatility Alternatives to CDIV.TO

CDIV.TO has 15.76% 1-year volatility. There are 31 ETFs in the Dividend category with lower 1-year volatility, going as low as 6.88%.

Symbol	Name	Volatility 1Y	AUM	Inception
PDIV.TO	Purpose Enhanced Dividend Fund ETF	6.88%	229.70M	Jan 2018	CDIV.TO vs PDIV.TO
VUDV.TO	Vanguard U.S. High Dividend Yield Index ETF	8.04%	—	Mar 2026	CDIV.TO vs VUDV.TO
ZZZD.TO	BMO Tactical Dividend ETF Fund	8.47%	25.02M	Jan 2019	CDIV.TO vs ZZZD.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	8.54%	8.59B	Nov 2012	CDIV.TO vs VDY.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	8.55%	5.78B	Jun 2017	CDIV.TO vs XDIV.TO

Lowest Drawdown Alternatives to CDIV.TO

CDIV.TO has a 1-year max drawdown of -11.05%. There are 29 ETFs in the Dividend category with shallower 1-year drawdowns, going as shallow as -2.72%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
ZZZD.TO	BMO Tactical Dividend ETF Fund	-2.72%	25.02M	Jan 2019	CDIV.TO vs ZZZD.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	-2.78%	5.78B	Jun 2017	CDIV.TO vs XDIV.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	-3.12%	8.59B	Nov 2012	CDIV.TO vs VDY.TO
BLOV.TO	Brompton North American Low Volatility Dividend ET...	-5.23%	—	Apr 2020	CDIV.TO vs BLOV.TO
PDIV.TO	Purpose Enhanced Dividend Fund ETF	-5.27%	229.70M	Jan 2018	CDIV.TO vs PDIV.TO

Other ETFs from Manulife

The 7 most viewed Manulife ETFs shown here include IDIV-B.TO, MUSC.TO, MUMC.TO and span 7 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
IDIV-B.TO	Manulife Smart International Dividend ETF Unhedged...	Dividend	57	15.90%	—	Nov 2022	CDIV.TO vs IDIV-B.TO
MUSC.TO	Manulife Multifactor U.S. Small Cap Index ETF Hedg...	Small Cap Blend Equities, Multi-factor	91	13.47%	—	Nov 2017	CDIV.TO vs MUSC.TO
MUMC.TO	Manulife Multifactor U.S. Mid Cap Index ETF Hedged	Mid Cap Blend Equities, Multi-factor	29	10.94%	—	Apr 2017	CDIV.TO vs MUMC.TO
MULC.TO	Manulife Multifactor U.S. Large Cap Index ETF Hedg...	Large Cap Blend Equities, Multi-factor	64	10.56%	—	Apr 2017	CDIV.TO vs MULC.TO
MCLC.TO	Manulife Multifactor Canadian Large Cap Index ETF	Canada Equities, Multi-factor	90	14.02%	—	Apr 2017	CDIV.TO vs MCLC.TO
MCSM.TO	Manulife Multifactor Canadian SMID Cap Index ETF	Canada Equities, Multi-factor	46	11.32%	—	Nov 2017	CDIV.TO vs MCSM.TO
MINT.TO	Manulife Multifactor Developed International Index...	International Equity, Multi-factor	73	11.34%	—	Apr 2017	CDIV.TO vs MINT.TO

Often Compared With CDIV.TO

Investors most often compare CDIV.TO with XEI.TO, XHD.TO, XDG.TO. These 20 comparison targets span 9 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	27.27%	4.25B	Apr 2011	CDIV.TO vs XEI.TO
XHD.TO	iShares U.S. High Dividend Equity Index ETF (CAD-H...	Large Cap Blend Equities, Dividend	17	13.80%	227.80M	Aug 2012	CDIV.TO vs XHD.TO
XDG.TO	iShares Core MSCI Global Quality Dividend Index ET...	Global Equities	72	13.06%	759.62M	Jun 2017	CDIV.TO vs XDG.TO
ZEA.TO	BMO MSCI EAFE Index ETF	Foreign Large Cap Equities	64	13.25%	13.26B	Feb 2014	CDIV.TO vs ZEA.TO
CUD.TO	iShares US Dividend Growers Index ETF (CAD-Hedged)	Large Cap Value Equities, Dividend	19	8.90%	243.32M	Sep 2011	CDIV.TO vs CUD.TO
FCID.TO	Fidelity International High Dividend ETF	Dividend	83	14.03%	347.90M	Sep 2018	CDIV.TO vs FCID.TO
ZDY.TO	BMO US Dividend ETF (CAD)	Dividend, Large Cap Blend Equities	34	17.03%	903.91M	Mar 2013	CDIV.TO vs ZDY.TO
VIDY.TO	Vanguard FTSE Developed ex North America High Divi...	Foreign Large Cap Equities, Dividend	88	16.63%	2.00B	Aug 2018	CDIV.TO vs VIDY.TO
VGG.TO	Vanguard U.S. Dividend Appreciation Index ETF	Dividend, Large Cap Blend Equities	75	10.91%	2.57B	Aug 2013	CDIV.TO vs VGG.TO
VGH.TO	Vanguard U.S. Dividend Appreciation Index ETF CAD-...	Dividend	51	7.40%	1.01B	Aug 2013	CDIV.TO vs VGH.TO
TUEX.TO	TD Active U.S. Enhanced Dividend CAD Hedged ETF	Dividend, Large Cap Blend Equities	37	11.22%	12.96M	Apr 2023	CDIV.TO vs TUEX.TO
XEQT.TO	iShares Core Equity ETF Portfolio	Global Equities	87	14.16%	20.34B	Aug 2019	CDIV.TO vs XEQT.TO
XHU.TO	iShares U.S. High Dividend Equity Index ETF	Large Cap Blend Equities, Dividend	18	10.23%	203.32M	Feb 2015	CDIV.TO vs XHU.TO
LLYH.TO	Harvest Eli Lilly High Income Shares ETF Class A U...	Dividend	44	9.96%	—	Aug 2024	CDIV.TO vs LLYH.TO
HDIV.TO	Hamilton Enhanced Canadian Covered Call ETF	Derivative Income	95	19.95%	1.74B	Jul 2021	CDIV.TO vs HDIV.TO
CDAY.NEO	Hamilton Enhanced Canadian Equity DayMAX ETF	Derivative Income, Canada Equities	92	19.03%	242.10M	Jul 2025	CDIV.TO vs CDAY.NEO
XDIV	Roundhill S&P 500 No Dividend Target ETF	S&P 500	67	10.79%	63.37M	Jul 2025	CDIV.TO vs XDIV
ZUD.TO	BMO US Dividend Hedged to CAD ETF	Dividend	77	13.27%	163.82M	Mar 2013	CDIV.TO vs ZUD.TO
FINN.NEO	Fidelity Global Innovators ETF	Global Equities	89	40.98%	—	May 2023	CDIV.TO vs FINN.NEO
PSA.TO	Purpose High Interest Savings Fund	Money Market	99	1.15%	4.10B	Oct 2013	CDIV.TO vs PSA.TO

Compare CDIV.TO with Any Fund or Stock

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

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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