PDC.TO Alternatives & Similar ETFs

Invesco Canadian Dividend Index ETF (PDC.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 PDC.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to PDC.TO

PDC.TO charges 0.58% annually. There are 40 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	PDC.TO vs ZDIV.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	0.11%	6.16B	Jun 2017	PDC.TO vs XDIV.TO
FLVC.NEO	Franklin Canadian Low Volatility High Dividend Ind...	0.15%	57.60M	Mar 2024	PDC.TO vs FLVC.NEO
XDUH.TO	iShares Core MSCI US Quality Dividend Index ETF (C...	0.16%	134.45M	Jun 2017	PDC.TO vs XDUH.TO
XDU.TO	iShares Core MSCI US Quality Dividend Index ETF	0.16%	335.28M	Jun 2017	PDC.TO vs XDU.TO

Best Risk-Adjusted Alternatives to PDC.TO

PDC.TO has a PortfoliosLab risk / return rank of 98. There are 4 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	PDC.TO vs VDY.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	98	6.16B	Jun 2017	PDC.TO vs XDIV.TO
FLVC.NEO	Franklin Canadian Low Volatility High Dividend Ind...	98	57.60M	Mar 2024	PDC.TO vs FLVC.NEO
CLSA.TO	Brompton Split Corp. Enhanced Equity Income ETF	98	—	Mar 2025	PDC.TO vs CLSA.TO
TBNK.TO	TD Canadian Bank Dividend Index ETF	98	300.34M	Apr 2023	PDC.TO vs TBNK.TO

Top Performing PDC.TO Alternatives (YTD)

PDC.TO is at 25.42% YTD. There are 4 ETFs in the Dividend category with higher YTD returns, going as high as 38.64%.

Symbol	Name	YTD Return	AUM	Inception
CLSA.TO	Brompton Split Corp. Enhanced Equity Income ETF	38.64%	—	Mar 2025	PDC.TO vs CLSA.TO
TBNK.TO	TD Canadian Bank Dividend Index ETF	33.22%	300.34M	Apr 2023	PDC.TO vs TBNK.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	29.20%	6.16B	Jun 2017	PDC.TO vs XDIV.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	28.99%	8.59B	Nov 2012	PDC.TO vs VDY.TO
CWIN.TO	HAMILTON CHAMPIONS Enhanced Canadian Dividend ETF ...	21.87%	—	Jan 2025	PDC.TO vs CWIN.TO

Lowest Volatility Alternatives to PDC.TO

PDC.TO has 8.70% 1-year volatility. There are 7 ETFs in the Dividend category with lower 1-year volatility, going as low as 6.37%.

Symbol	Name	Volatility 1Y	AUM	Inception
PINC.TO	Purpose Multi-Asset Income Fund	6.37%	108.20M	Apr 2018	PDC.TO vs PINC.TO
PDIV.TO	Purpose Enhanced Dividend Fund ETF	7.03%	235.10M	Jan 2018	PDC.TO vs PDIV.TO
FLVC.NEO	Franklin Canadian Low Volatility High Dividend Ind...	7.91%	57.60M	Mar 2024	PDC.TO vs FLVC.NEO
VUDV.TO	Vanguard U.S. High Dividend Yield Index ETF	8.21%	—	Mar 2026	PDC.TO vs VUDV.TO
PDF.TO	Purpose Core Dividend Fund	8.46%	475.00M	Sep 2013	PDC.TO vs PDF.TO

Lowest Drawdown Alternatives to PDC.TO

PDC.TO has a 1-year max drawdown of -3.86%. There are 5 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%	25.18M	Jan 2019	PDC.TO vs ZZZD.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	-2.78%	6.16B	Jun 2017	PDC.TO vs XDIV.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	-3.12%	8.59B	Nov 2012	PDC.TO vs VDY.TO
FLVC.NEO	Franklin Canadian Low Volatility High Dividend Ind...	-3.21%	57.60M	Mar 2024	PDC.TO vs FLVC.NEO
PINC.TO	Purpose Multi-Asset Income Fund	-3.59%	108.20M	Apr 2018	PDC.TO vs PINC.TO

Other ETFs from Invesco

The 10 most viewed Invesco ETFs shown here include QQC.TO, QQC-F.TO, EQL.TO and span 9 categories. AUM among these funds goes as high as $4B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
QQC.TO	Invesco NASDAQ 100 Index ETF CAD Hedged	Nasdaq-100	51	14.53%	3.73B	May 2021	PDC.TO vs QQC.TO
QQC-F.TO	Invesco NASDAQ 100 Index ETF CAD Hedged	Nasdaq-100	41	10.64%	3.73B	May 2021	PDC.TO vs QQC-F.TO
EQL.TO	Invesco S&P 500 Equal Weight Index ETF CAD	S&P 500, Equal Weight	76	15.50%	3.02B	May 2018	PDC.TO vs EQL.TO
INAI.TO	Invesco Morningstar Global Next Gen AI Index ETF	Technology Equities	39	26.98%	—	Jan 2024	PDC.TO vs INAI.TO
EQLI.TO	Invesco S&P 500 Equal Weight Income Advantage ETF	S&P 500, Derivative Income, Equal Weight	88	14.06%	169.56M	Nov 2025	PDC.TO vs EQLI.TO
QQCE.TO	Invesco ESG NASDAQ 100 Index ETF	Nasdaq-100	53	16.00%	—	Nov 2021	PDC.TO vs QQCE.TO
ESG.TO	Invesco S&P 500 ESG Index ETF	S&P 500, ESG	67	12.03%	1.22B	Mar 2020	PDC.TO vs ESG.TO
TLV.TO	Invesco S&P/TSX Composite Low Volatility Index ETF	Canada Equities, Low Volatility	97	18.14%	103.58M	Apr 2012	PDC.TO vs TLV.TO
ESGC.TO	Invesco S&P/TSX Composite ESG Index ETF	Canada Equities, ESG	91	14.48%	—	Oct 2020	PDC.TO vs ESGC.TO
PFL.TO	Invesco Canadian Government Floating Rate Index ET...	Canadian Government Bonds	98	1.41%	258.84M	Jul 2014	PDC.TO vs PFL.TO

Often Compared With PDC.TO

Investors most often compare PDC.TO with RCD.TO, RBNK.TO, 3466.HK. These 20 comparison targets span 14 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
RCD.TO	RBC Quant Canadian Dividend Leaders ETF	Dividend, Canada Equities	69	14.16%	408.93M	Jan 2014	PDC.TO vs RCD.TO
RBNK.TO	RBC Canadian Bank Yield Index ETF	Financials Equities	98	33.54%	518.88M	Oct 2017	PDC.TO vs RBNK.TO
3466.HK	Hang Seng High Dividend 30 Index ETF	Dividend	55	9.60%	—	Apr 2025	PDC.TO vs 3466.HK
XDV.TO	iShares Canadian Select Dividend Index ETF	Canada Equities	98	25.76%	2.67B	Dec 2005	PDC.TO vs XDV.TO
DWX	SPDR S&P International Dividend ETF	Foreign Large Cap Equities, Dividend	77	11.11%	533.13M	Feb 2008	PDC.TO vs DWX
DFND	Siren DIVCON Dividend Defender ETF	Large Cap Blend Equities, Dividend	—	—	8.98M	Jan 2016	PDC.TO vs DFND
FCCD.TO	Fidelity Canadian High Dividend Index ETF	Dividend	96	16.58%	383.80M	Sep 2018	PDC.TO vs FCCD.TO
SPDG	SPDR Portfolio S&P Sector Neutral Dividend ETF	Dividend	80	14.23%	12.81M	Sep 2023	PDC.TO vs SPDG
UDIV	Franklin U.S. Core Dividend Tilt Index ETF	Dividend, Large Cap Blend Equities	80	13.87%	140.81M	Jun 2016	PDC.TO vs UDIV
HDLB	ETRACS Monthly Pay 2xLeveraged US High Dividend Lo...	Leveraged Equities, Dividend, Low Volatility	41	25.12%	5.73M	Oct 2019	PDC.TO vs HDLB
SCDL	ETRACS 2x Leveraged U.S. Dividend Factor TR ETN	Leveraged Equities, Dividend	94	47.30%	8.65M	Feb 2021	PDC.TO vs SCDL
SOXQ	Invesco PHLX Semiconductor ETF	Semiconductors, Technology Equities	88	59.97%	2.58B	Jun 2021	PDC.TO vs SOXQ
QQQ	Invesco QQQ ETF	Nasdaq-100	49	12.26%	452.80B	Mar 1999	PDC.TO vs QQQ
SCHD	Schwab U.S. Dividend Equity ETF	Dividend	95	24.03%	104.16B	Oct 2011	PDC.TO vs SCHD
SPHQ	Invesco S&P 500 Quality ETF	Quality Factor, S&P 500, Large Cap Blend Equities	62	13.51%	19.45B	Dec 2005	PDC.TO vs SPHQ
CCEF	Calamos CEF Income & Arbitrage ETF	Dividend	57	6.53%	33.90M	Jan 2024	PDC.TO vs CCEF
VYM	Vanguard High Dividend Yield ETF	Dividend	90	14.21%	96.20B	Nov 2006	PDC.TO vs VYM
GBDV.L	SPDR S&P Global Dividend Aristocrats UCITS	Global Equities, Dividend	82	12.22%	1.32B	May 2013	PDC.TO vs GBDV.L
QQQM	Invesco NASDAQ 100 ETF	Nasdaq-100	49	12.29%	97.11B	Oct 2020	PDC.TO vs QQQM
EMDV	ProShares MSCI Emerging Markets Dividend Growers E...	Emerging Markets Equities, Dividend	23	1.51%	7.35M	Jan 2016	PDC.TO vs EMDV

Compare PDC.TO with Any Fund or Stock

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

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Diversifiers

Pair PDC.TO with funds that move differently

Invesco Canadian Dividend Index ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PDC.TO.

Explore PDC.TO Diversifiers

Invesco Canadian Dividend Index ETF (PDC.TO) Alternatives