Question 1

What is CDIV?

Accepted Answer

CDIV — Manulife Smart Dividend ETF — is a Canadian-listed ETF trading on the TSX. NA

Question 2

What is the CDIV ETF price today?

Accepted Answer

CDIV last traded at $21.70 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the CDIV MER (management expense ratio)?

Accepted Answer

CDIV has a management expense ratio (MER) of 0% per year. This fee is automatically deducted from the fund's assets, so you never pay it directly — but it does reduce your net returns over time. At 0%, CDIV is considered a low-cost ETF.

Question 4

What are CDIV annualised returns?

Accepted Answer

CDIV historical returns: YTD: +13.85%, 1-year: +39.77%, 3-year annualised: +23.21%, 5-year annualised: +15.42%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.73, which measures risk-adjusted return.

Question 5

Does CDIV pay dividends or distributions?

Accepted Answer

Yes, CDIV distributes income to unitholders. The current distribution yield is approximately 2.30%, paid quarterly. Distributions may include dividends, interest, capital gains, or return of capital depending on the fund's holdings. In a TFSA or RRSP, distributions are sheltered from tax.

Question 6

What does CDIV invest in?

Accepted Answer

CDIV's top holdings include Toronto Dominion Bank (TD, 4.6%), Canadian Imperial Bank Of Commerce (CM, 4.2%), Bank of Montreal (BMO, 4.1%), Barrick Gold Corp (ABX, 3.8%), Bank of Nova Scotia (BNS, 3.7%) — and 5 more positions. See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar Canada GR CAD.

Question 7

What sectors does CDIV invest in?

Accepted Answer

CDIV's largest sector exposures are Financial Services (30.3%), Energy (18.4%), Basic Materials (13.0%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is CDIV? (Assets under management)

Accepted Answer

CDIV has approximately $1.49B in assets under management (AUM). Larger AUM generally means better liquidity, tighter bid-ask spreads, and a lower risk of the fund being wound down.

Question 9

When was CDIV launched?

Accepted Answer

CDIV was launched on November 25, 2020, giving it a 6-year track record. A longer history makes it easier to evaluate how the ETF performs across different market cycles.

Question 10

How do I buy CDIV in Canada?

Accepted Answer

CDIV trades on the TSX under the ticker CDIV. You can buy it through any Canadian brokerage, including Wealthsimple Trade (commission-free), Questrade, TD Direct Investing, RBC Direct, and CIBC Investor's Edge. It can be held in a TFSA, RRSP, FHSA, or taxable account.

Question 11

How risky is CDIV?

Accepted Answer

CDIV has a 1-year volatility of 9.49% and a beta of 0.89 (less volatile than the broad market). Its 3-year Sharpe ratio of 1.73 indicates solid risk-adjusted returns. As with all market-linked investments, past volatility does not predict future risk.

Date	Open	High	Low	Close	Adj Close	Volume
2026-06-04	$21.58	$21.72	$21.55	$21.70	$21.70	39,875
2026-06-03	$21.60	$21.66	$21.49	$21.55	$21.55	139,333
2026-06-02	$21.40	$21.67	$21.40	$21.67	$21.67	21,951
2026-06-01	$21.37	$21.67	$21.32	$21.53	$21.53	65,181
2026-05-29	$21.30	$21.38	$21.25	$21.38	$21.38	97,187
2026-05-28	$21.33	$21.37	$21.27	$21.33	$21.33	41,002
2026-05-27	$21.36	$21.46	$21.35	$21.36	$21.36	39,980
2026-05-26	$21.45	$21.50	$21.40	$21.44	$21.44	29,279
2026-05-25	$21.46	$21.53	$21.45	$21.52	$21.52	52,395
2026-05-22	$21.38	$21.44	$21.31	$21.39	$21.39	51,532

#	Ticker	Name	Weight
1	TD	Toronto Dominion Bank	4.56%
2	CM	Canadian Imperial Bank Of Commerce	4.18%
3	BMO	Bank of Montreal	4.10%
4	ABX	Barrick Gold Corp	3.83%
5	BNS	Bank of Nova Scotia	3.74%
6	CNR	Canadian National Railway Co	3.71%
7	CNQ	Canadian Natural Resources Ltd	3.61%
8	MFC	Manulife Financial Corp	3.51%
9	NTR	Nutrien Ltd	3.36%
10	MG	Magna International Inc	3.30%

Sector	Weight
Financial Services	30.28%
Energy	18.43%
Basic Materials	13.04%
Consumer Cyclicals	10.59%
Industrials	8.50%
Real Estate	5.11%
Communication Services	4.80%
Utilities	4.79%
Technology	2.38%
Consumer Defensive	2.07%
Healthcare	0.00%

Manulife Smart Dividend ETF (CDIV : TSX)

CIBC Investor's Edge

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

About Manulife Smart Dividend ETF

ETF Details

7 stocks to buy and hold forever

Compare CDIV

Explore More

Compare CDIV vs Similar ETFs

Frequently Asked Questions — CDIV