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%	5.78B	Jun 2017	VDY.TO vs XDIV.TO
XDU.TO	iShares Core MSCI US Quality Dividend Index ETF	0.16%	293.50M	Jun 2017	VDY.TO vs XDU.TO
XDUH.TO	iShares Core MSCI US Quality Dividend Index ETF (C...	0.16%	103.60M	Jun 2017	VDY.TO vs XDUH.TO
ICAE.TO	Invesco S&P/TSX Canadian Dividend Aristocrats ESG ...	0.23%	10.89M	Feb 2023	VDY.TO vs ICAE.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	5.78B	Jun 2017	VDY.TO vs XDIV.TO
TBNK.TO	TD Canadian Bank Dividend Index ETF	98	400.72M	Apr 2023	VDY.TO vs TBNK.TO
FCCD.TO	Fidelity Canadian High Dividend Index ETF	96	378.40M	Sep 2018	VDY.TO vs FCCD.TO
CWIN.TO	HAMILTON CHAMPIONS Enhanced Canadian Dividend ETF ...	95	—	Jan 2025	VDY.TO vs CWIN.TO
PDIV.TO	Purpose Enhanced Dividend Fund ETF	92	229.70M	Jan 2018	VDY.TO vs PDIV.TO

Top Performing VDY.TO Alternatives (YTD)

VDY.TO is at 27.73% YTD. There is 1 ETF in the Dividend category with a higher YTD return, going as high as 33.87%.

Symbol	Name	YTD Return	AUM	Inception
TBNK.TO	TD Canadian Bank Dividend Index ETF	33.87%	400.72M	Apr 2023	VDY.TO vs TBNK.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	25.10%	5.78B	Jun 2017	VDY.TO vs XDIV.TO
DXU.TO	Dynamic Active U.S. Dividend ETF	24.06%	82.94M	Sep 2024	VDY.TO vs DXU.TO
CWIN.TO	HAMILTON CHAMPIONS Enhanced Canadian Dividend ETF ...	21.63%	—	Jan 2025	VDY.TO vs CWIN.TO
ZDY.TO	BMO US Dividend ETF (CAD)	18.97%	903.91M	Mar 2013	VDY.TO vs ZDY.TO

Lowest Volatility Alternatives to VDY.TO

VDY.TO has 8.51% 1-year volatility. There are 3 ETFs in the Dividend category with lower 1-year volatility, going as low as 6.89%.

Symbol	Name	Volatility 1Y	AUM	Inception
PDIV.TO	Purpose Enhanced Dividend Fund ETF	6.89%	229.70M	Jan 2018	VDY.TO vs PDIV.TO
VUDV.TO	Vanguard U.S. High Dividend Yield Index ETF	7.83%	—	Mar 2026	VDY.TO vs VUDV.TO
ZZZD.TO	BMO Tactical Dividend ETF Fund	8.48%	25.02M	Jan 2019	VDY.TO vs ZZZD.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	8.51%	5.78B	Jun 2017	VDY.TO vs XDIV.TO
FCCD.TO	Fidelity Canadian High Dividend Index ETF	8.72%	378.40M	Sep 2018	VDY.TO vs FCCD.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%	25.02M	Jan 2019	VDY.TO vs ZZZD.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	-2.78%	5.78B	Jun 2017	VDY.TO vs XDIV.TO
PDIV.TO	Purpose Enhanced Dividend Fund ETF	-5.27%	229.70M	Jan 2018	VDY.TO vs PDIV.TO
FCCD.TO	Fidelity Canadian High Dividend Index ETF	-5.67%	378.40M	Sep 2018	VDY.TO vs FCCD.TO
ZUD.TO	BMO US Dividend Hedged to CAD ETF	-5.67%	163.82M	Mar 2013	VDY.TO vs ZUD.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	79	13.78%	34.09B	Nov 2012	VDY.TO vs VFV.TO
VEQT.TO	Vanguard All-Equity ETF Portfolio	Global Equities	87	14.00%	15.67B	Jan 2019	VDY.TO vs VEQT.TO
VGRO.TO	Vanguard Growth ETF Portfolio	Diversified Portfolio	86	11.26%	10.51B	Jan 2018	VDY.TO vs VGRO.TO
VCN.TO	Vanguard FTSE Canada All Cap Index ETF	Canada Equities	89	12.26%	16.37B	Aug 2013	VDY.TO vs VCN.TO
VBAL.TO	Vanguard Balanced ETF Portfolio	Diversified Portfolio	75	8.48%	5.67B	Jan 2018	VDY.TO vs VBAL.TO
VIU.TO	Vanguard FTSE Developed All Cap ex North America I...	International Equity	68	16.15%	11.04B	Dec 2015	VDY.TO vs VIU.TO
VCE.TO	Vanguard FTSE Canada Index ETF	Canada Equities	88	12.83%	3.54B	Nov 2011	VDY.TO vs VCE.TO
VIDY.TO	Vanguard FTSE Developed ex North America High Divi...	Foreign Large Cap Equities, Dividend	85	15.94%	2.00B	Aug 2018	VDY.TO vs VIDY.TO
VXC.TO	Vanguard FTSE Global All Cap ex Canada Index ETF	Global Equities	80	14.44%	3.47B	Jun 2014	VDY.TO vs VXC.TO
VUN.TO	Vanguard U.S. Total Market Index ETF	Large Cap Blend Equities	78	14.27%	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 10 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	26.42%	4.25B	Apr 2011	VDY.TO vs XEI.TO
SCHD	Schwab U.S. Dividend Equity ETF	Dividend	86	20.66%	98.55B	Oct 2011	VDY.TO vs SCHD
XIC.TO	iShares Core S&P/TSX Capped Composite Index ETF	Canada Equities	89	12.55%	31.16B	Feb 2001	VDY.TO vs XIC.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	97	21.35%	1.86B	Oct 2011	VDY.TO vs ZDV.TO
CDZ.TO	iShares S&P/TSX Canadian Dividend Aristocrats Inde...	Canada Equities	63	12.19%	1.26B	Sep 2006	VDY.TO vs CDZ.TO
XDV.TO	iShares Canadian Select Dividend Index ETF	Canada Equities	97	23.33%	2.63B	Dec 2005	VDY.TO vs XDV.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities, Equal Weight	98	33.86%	7.20B	Oct 2009	VDY.TO vs ZEB.TO
HDIV.TO	Hamilton Enhanced Canadian Covered Call ETF	Derivative Income	95	19.24%	1.74B	Jul 2021	VDY.TO vs HDIV.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	54	7.77%	6.24B	Oct 2011	VDY.TO vs ZLB.TO
ZWC.TO	BMO CA High Dividend Covered Call ETF	Derivative Income	95	13.92%	2.41B	Feb 2017	VDY.TO vs ZWC.TO
TD.TO	The Toronto-Dominion Bank		99	34.99%	—	—	VDY.TO vs TD.TO
VUG	Vanguard Growth ETF	Large Cap Growth Equities	32	6.19%	393.80B	Jan 2004	VDY.TO vs VUG
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	89	12.42%	17.34B	May 2009	VDY.TO vs ZCN.TO
RY.TO	Royal Bank of Canada		99	29.08%	—	—	VDY.TO vs RY.TO
BANK.TO	Evolve Canadian Banks and Lifecos Enhanced Yield I...	Derivative Income	98	30.92%	1.26B	Feb 2022	VDY.TO vs BANK.TO
XEQT.TO	iShares Core Equity ETF Portfolio	Global Equities	86	13.91%	20.34B	Aug 2019	VDY.TO vs XEQT.TO
QQQ	Invesco QQQ ETF	Nasdaq-100	58	16.13%	481.14B	Mar 1999	VDY.TO vs QQQ
ZWB.TO	BMO Covered Call Canadian Banks ETF	Financials Equities, Derivative Income, Options Trading	97	29.10%	4.84B	Jan 2011	VDY.TO vs ZWB.TO
TQCD.TO	TD Q Canadian Dividend ETF	Canada Equities	95	17.34%	3.33B	Nov 2019	VDY.TO vs TQCD.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	78	13.73%	24.35B	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