VDY.TO Alternatives & Similar ETFs

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

Cheapest Alternatives to VDY.TO

VDY.TO charges 0.22% 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	VDY.TO vs ZDIV.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	0.11%	6.16B	Jun 2017	VDY.TO vs XDIV.TO
FLVC.NEO	Franklin Canadian Low Volatility High Dividend Ind...	0.15%	57.60M	Mar 2024	VDY.TO vs FLVC.NEO
XDUH.TO	iShares Core MSCI US Quality Dividend Index ETF (C...	0.16%	134.45M	Jun 2017	VDY.TO vs XDUH.TO
XDU.TO	iShares Core MSCI US Quality Dividend Index ETF	0.16%	335.28M	Jun 2017	VDY.TO vs XDU.TO

Best Risk-Adjusted Alternatives to VDY.TO

VDY.TO has a PortfoliosLab risk / return rank of 99. No ETFs in the Dividend category have higher risk-adjusted ranks; the top alternatives shown here go as high as 98.

Symbol	Name	Risk / Return Rank	AUM	Inception
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	98	6.16B	Jun 2017	VDY.TO vs XDIV.TO
FLVC.NEO	Franklin Canadian Low Volatility High Dividend Ind...	98	57.60M	Mar 2024	VDY.TO vs FLVC.NEO
CLSA.TO	Brompton Split Corp. Enhanced Equity Income ETF	98	—	Mar 2025	VDY.TO vs CLSA.TO
PDC.TO	Invesco Canadian Dividend Index ETF	98	1.05B	Apr 2011	VDY.TO vs PDC.TO
TBNK.TO	TD Canadian Bank Dividend Index ETF	98	300.34M	Apr 2023	VDY.TO vs TBNK.TO

Top Performing VDY.TO Alternatives (YTD)

VDY.TO is at 28.99% YTD. There are 3 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	VDY.TO vs CLSA.TO
TBNK.TO	TD Canadian Bank Dividend Index ETF	33.22%	300.34M	Apr 2023	VDY.TO vs TBNK.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	29.20%	6.16B	Jun 2017	VDY.TO vs XDIV.TO
PDC.TO	Invesco Canadian Dividend Index ETF	25.42%	1.05B	Apr 2011	VDY.TO vs PDC.TO
CWIN.TO	HAMILTON CHAMPIONS Enhanced Canadian Dividend ETF ...	21.87%	—	Jan 2025	VDY.TO vs CWIN.TO

Lowest Volatility Alternatives to VDY.TO

VDY.TO has 8.86% 1-year volatility. There are 9 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	VDY.TO vs PINC.TO
PDIV.TO	Purpose Enhanced Dividend Fund ETF	7.03%	235.10M	Jan 2018	VDY.TO vs PDIV.TO
FLVC.NEO	Franklin Canadian Low Volatility High Dividend Ind...	7.91%	57.60M	Mar 2024	VDY.TO vs FLVC.NEO
VUDV.TO	Vanguard U.S. High Dividend Yield Index ETF	8.21%	—	Mar 2026	VDY.TO vs VUDV.TO
PDF.TO	Purpose Core Dividend Fund	8.46%	475.00M	Sep 2013	VDY.TO vs PDF.TO

Lowest Drawdown Alternatives to VDY.TO

VDY.TO has a 1-year max drawdown of -3.12%. There are 2 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	VDY.TO vs ZZZD.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	-2.78%	6.16B	Jun 2017	VDY.TO vs XDIV.TO
FLVC.NEO	Franklin Canadian Low Volatility High Dividend Ind...	-3.21%	57.60M	Mar 2024	VDY.TO vs FLVC.NEO
PINC.TO	Purpose Multi-Asset Income Fund	-3.59%	108.20M	Apr 2018	VDY.TO vs PINC.TO
PDC.TO	Invesco Canadian Dividend Index ETF	-3.86%	1.05B	Apr 2011	VDY.TO vs PDC.TO

Other ETFs from Vanguard

The 10 most viewed Vanguard ETFs shown here include VFV.TO, VEQT.TO, VGRO.TO and span 8 categories. AUM among these funds goes as high as $34B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
VFV.TO	Vanguard S&P 500 Index ETF	S&P 500	72	12.34%	34.09B	Nov 2012	VDY.TO vs VFV.TO
VEQT.TO	Vanguard All-Equity ETF Portfolio	Global Equities	86	13.16%	15.67B	Jan 2019	VDY.TO vs VEQT.TO
VGRO.TO	Vanguard Growth ETF Portfolio	Diversified Portfolio	85	10.56%	10.51B	Jan 2018	VDY.TO vs VGRO.TO
VCN.TO	Vanguard FTSE Canada All Cap Index ETF	Canada Equities	90	12.26%	16.37B	Aug 2013	VDY.TO vs VCN.TO
VIU.TO	Vanguard FTSE Developed All Cap ex North America I...	Foreign Large Cap Equities, Foreign Small & Mid Cap Equities	77	16.64%	11.04B	Dec 2015	VDY.TO vs VIU.TO
VBAL.TO	Vanguard Balanced ETF Portfolio	Diversified Portfolio	74	7.88%	5.67B	Jan 2018	VDY.TO vs VBAL.TO
VCE.TO	Vanguard FTSE Canada Index ETF	Canada Equities	89	12.86%	3.54B	Nov 2011	VDY.TO vs VCE.TO
VIDY.TO	Vanguard FTSE Developed ex North America High Divi...	Foreign Large Cap Equities, Dividend	91	19.14%	2.00B	Aug 2018	VDY.TO vs VIDY.TO
VXC.TO	Vanguard FTSE Global All Cap ex Canada Index ETF	Global Equities	78	13.53%	3.47B	Jun 2014	VDY.TO vs VXC.TO
VUN.TO	Vanguard U.S. Total Market Index ETF	Large Cap Blend Equities	72	12.73%	18.99B	Aug 2013	VDY.TO vs VUN.TO

Often Compared With VDY.TO

Investors most often compare VDY.TO with XEI.TO, SCHD, XIC.TO. These 20 comparison targets span 11 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	28.07%	4.38B	Apr 2011	VDY.TO vs XEI.TO
SCHD	Schwab U.S. Dividend Equity ETF	Dividend	95	24.03%	104.16B	Oct 2011	VDY.TO vs SCHD
XIC.TO	iShares Core S&P/TSX Capped Composite Index ETF	Canada Equities	90	12.55%	31.79B	Feb 2001	VDY.TO vs XIC.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	98	23.19%	1.91B	Oct 2011	VDY.TO vs ZDV.TO
CDZ.TO	iShares S&P/TSX Canadian Dividend Aristocrats Inde...	Canada Equities	73	12.67%	1.27B	Sep 2006	VDY.TO vs CDZ.TO
XDV.TO	iShares Canadian Select Dividend Index ETF	Canada Equities	98	25.76%	2.67B	Dec 2005	VDY.TO vs XDV.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities, Equal Weight	98	32.90%	7.10B	Oct 2009	VDY.TO vs ZEB.TO
HDIV.TO	Hamilton Enhanced Canadian Covered Call ETF	Derivative Income	95	18.30%	1.79B	Jul 2021	VDY.TO vs HDIV.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities, Low Volatility	58	7.74%	6.27B	Oct 2011	VDY.TO vs ZLB.TO
ZWC.TO	BMO CA High Dividend Covered Call ETF	Derivative Income	96	15.08%	2.45B	Feb 2017	VDY.TO vs ZWC.TO
TD.TO	The Toronto-Dominion Bank		99	32.90%	—	—	VDY.TO vs TD.TO
VUG	Vanguard Growth ETF	Large Cap Growth Equities	28	5.02%	378.80B	Jan 2004	VDY.TO vs VUG
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	90	12.49%	17.51B	May 2009	VDY.TO vs ZCN.TO
RY.TO	Royal Bank of Canada		99	27.91%	—	—	VDY.TO vs RY.TO
XEQT.TO	iShares Core Equity ETF Portfolio	Global Equities	86	13.38%	20.80B	Aug 2019	VDY.TO vs XEQT.TO
BANK.TO	Evolve Canadian Banks and Lifecos Enhanced Yield I...	Derivative Income	98	33.28%	1.33B	Feb 2022	VDY.TO vs BANK.TO
QQQ	Invesco QQQ ETF	Nasdaq-100	49	12.26%	452.80B	Mar 1999	VDY.TO vs QQQ
ZWB.TO	BMO Covered Call Canadian Banks ETF	Financials Equities, Derivative Income, Options Trading	97	28.37%	4.77B	Jan 2011	VDY.TO vs ZWB.TO
TQCD.TO	TD Q Canadian Dividend ETF	Canada Equities	96	19.12%	3.46B	Nov 2019	VDY.TO vs TQCD.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	71	12.26%	24.00B	Nov 2012	VDY.TO vs ZSP.TO

Compare VDY.TO with Any Fund or Stock

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

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Diversifiers

Pair VDY.TO with funds that move differently

Vanguard FTSE Canadian High Dividend Yield Index ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to VDY.TO.

Explore VDY.TO Diversifiers

Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY.TO) Alternatives