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 4 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%	5.25B	Jun 2017	VDY.TO vs XDIV.TO
XDU.TO	iShares Core MSCI US Quality Dividend Index ETF	0.16%	286.82M	Jun 2017	VDY.TO vs XDU.TO
XDUH.TO	iShares Core MSCI US Quality Dividend Index ETF (C...	0.16%	98.69M	Jun 2017	VDY.TO vs XDUH.TO
TBNK.TO	TD Canadian Bank Dividend Index ETF	0.28%	340.80M	Apr 2023	VDY.TO vs TBNK.TO

Best Risk-Adjusted Alternatives to VDY.TO

VDY.TO has a PortfoliosLab risk / return rank of 98. 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	5.25B	Jun 2017	VDY.TO vs XDIV.TO
TBNK.TO	TD Canadian Bank Dividend Index ETF	96	340.80M	Apr 2023	VDY.TO vs TBNK.TO
FCCD.TO	Fidelity Canadian High Dividend Index ETF	94	365.90M	Sep 2018	VDY.TO vs FCCD.TO
CWIN.TO	HAMILTON CHAMPIONS Enhanced Canadian Dividend ETF ...	83	—	Jan 2025	VDY.TO vs CWIN.TO
PDIV.TO	Purpose Enhanced Dividend Fund ETF	82	212.60M	Jan 2018	VDY.TO vs PDIV.TO

Top Performing VDY.TO Alternatives (YTD)

VDY.TO is at 20.59% YTD. There is 1 ETF in the Dividend category with a higher YTD return, 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	VDY.TO vs DXU.TO
TBNK.TO	TD Canadian Bank Dividend Index ETF	19.17%	340.80M	Apr 2023	VDY.TO vs TBNK.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	19.17%	5.25B	Jun 2017	VDY.TO vs XDIV.TO
ZDY.TO	BMO US Dividend ETF (CAD)	18.13%	865.68M	Mar 2013	VDY.TO vs ZDY.TO
CWIN.TO	HAMILTON CHAMPIONS Enhanced Canadian Dividend ETF ...	15.75%	—	Jan 2025	VDY.TO vs CWIN.TO

Lowest Volatility Alternatives to VDY.TO

VDY.TO has 8.21% 1-year volatility. There are 3 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	VDY.TO vs PDIV.TO
VUDV.TO	Vanguard U.S. High Dividend Yield Index ETF	7.57%	—	Mar 2026	VDY.TO vs VUDV.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	7.85%	5.25B	Jun 2017	VDY.TO vs XDIV.TO
FCCD.TO	Fidelity Canadian High Dividend Index ETF	8.37%	365.90M	Sep 2018	VDY.TO vs FCCD.TO
ZDIV.TO	BMO MSCI Canada IMI High Dividend Yield Index ETF	9.99%	—	Feb 2026	VDY.TO vs ZDIV.TO

Lowest Drawdown Alternatives to VDY.TO

VDY.TO has a 1-year max drawdown of -3.12%. There is 1 ETF in the Dividend category with a shallower 1-year drawdown, 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	VDY.TO vs XDIV.TO
PDIV.TO	Purpose Enhanced Dividend Fund ETF	-5.22%	212.60M	Jan 2018	VDY.TO vs PDIV.TO
FCCD.TO	Fidelity Canadian High Dividend Index ETF	-5.67%	365.90M	Sep 2018	VDY.TO vs FCCD.TO
XDUH.TO	iShares Core MSCI US Quality Dividend Index ETF (C...	-6.08%	98.69M	Jun 2017	VDY.TO vs XDUH.TO
XDU.TO	iShares Core MSCI US Quality Dividend Index ETF	-6.13%	286.82M	Jun 2017	VDY.TO vs XDU.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 $33B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
VFV.TO	Vanguard S&P 500 Index ETF	S&P 500	74	12.30%	32.85B	Nov 2012	VDY.TO vs VFV.TO
VEQT.TO	Vanguard All-Equity ETF Portfolio	Global Equities	81	12.75%	14.70B	Jan 2019	VDY.TO vs VEQT.TO
VGRO.TO	Vanguard Growth ETF Portfolio	Diversified Portfolio	76	10.34%	10.14B	Jan 2018	VDY.TO vs VGRO.TO
VCN.TO	Vanguard FTSE Canada All Cap Index ETF	Canada Equities	77	10.48%	15.96B	Aug 2013	VDY.TO vs VCN.TO
VBAL.TO	Vanguard Balanced ETF Portfolio	Diversified Portfolio	68	8.13%	5.44B	Jan 2018	VDY.TO vs VBAL.TO
VIU.TO	Vanguard FTSE Developed All Cap ex North America I...	International Equity	62	16.73%	10.65B	Dec 2015	VDY.TO vs VIU.TO
VCE.TO	Vanguard FTSE Canada Index ETF	Canada Equities	72	10.03%	3.48B	Nov 2011	VDY.TO vs VCE.TO
VIDY.TO	Vanguard FTSE Developed ex North America High Divi...	Foreign Large Cap Equities, Dividend	59	10.45%	1.90B	Aug 2018	VDY.TO vs VIDY.TO
VXC.TO	Vanguard FTSE Global All Cap ex Canada Index ETF	Global Equities	75	13.63%	3.45B	Jun 2014	VDY.TO vs VXC.TO
VUN.TO	Vanguard U.S. Total Market Index ETF	Large Cap Blend Equities	72	12.43%	18.15B	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 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	VDY.TO vs XEI.TO
SCHD	Schwab U.S. Dividend Equity ETF	Dividend	80	19.01%	94.95B	Oct 2011	VDY.TO vs SCHD
XIC.TO	iShares Core S&P/TSX Capped Composite Index ETF	Canada Equities	80	10.75%	29.66B	Feb 2001	VDY.TO vs XIC.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	85	18.56%	1.72B	Oct 2011	VDY.TO vs ZDV.TO
CDZ.TO	iShares S&P/TSX Canadian Dividend Aristocrats Inde...	Canada Equities	84	13.46%	1.22B	Sep 2006	VDY.TO vs CDZ.TO
XDV.TO	iShares Canadian Select Dividend Index ETF	Canada Equities	97	16.45%	2.46B	Dec 2005	VDY.TO vs XDV.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities	96	19.22%	5.16B	Oct 2009	VDY.TO vs ZEB.TO
HDIV.TO	Hamilton Enhanced Multi-Sector Covered Call ETF	Derivative Income	92	16.21%	1.63B	Jul 2021	VDY.TO vs HDIV.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	54	3.14%	6.10B	Oct 2011	VDY.TO vs ZLB.TO
ZWC.TO	BMO CA High Dividend Covered Call ETF	Derivative Income	92	11.12%	2.30B	Feb 2017	VDY.TO vs ZWC.TO
TD.TO	The Toronto-Dominion Bank		98	22.75%	—	—	VDY.TO vs TD.TO
VUG	Vanguard Growth ETF	Large Cap Growth Equities	43	9.49%	365.00B	Jan 2004	VDY.TO vs VUG
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	80	10.70%	16.67B	May 2009	VDY.TO vs ZCN.TO
RY.TO	Royal Bank of Canada		97	15.19%	—	—	VDY.TO vs RY.TO
BANK.TO	Evolve Canadian Banks and Lifecos Enhanced Yield I...	Derivative Income	96	17.36%	1.08B	Feb 2022	VDY.TO vs BANK.TO
QQQ	Invesco QQQ ETF	Nasdaq-100	73	21.30%	493.99B	Mar 1999	VDY.TO vs QQQ
ZWB.TO	BMO Covered Call Canadian Banks ETF	Financials Equities	95	16.23%	4.34B	Jan 2024	VDY.TO vs ZWB.TO
TQCD.TO	TD Q Canadian Dividend ETF	Canada Equities	93	14.98%	3.03B	Nov 2019	VDY.TO vs TQCD.TO
HMAX.TO	Hamilton Canadian Financials YIELD MAXIMIZER ETF	Derivative Income	91	11.17%	2.34B	Jan 2023	VDY.TO vs HMAX.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	72	12.15%	23.82B	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.

Symbol name

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