A side-by-side comparison of CI Canada Quality Dividend Growth Index ETF (DGRC) and TD Q Canadian Dividend ETF (TQCD) to help Canadian investors make an informed decision.
CIBC Investor's Edge
Transfer your investments to CIBC Investor's Edge and get rewarded with an offer of up to $3,000.
- ✓$6.95 flat-rate commissions
- ✓Backed by Big Five bank security
- ✓Transfer bonus offer up to $3,000
1-Year Performance
Normalised to 100 at the start — shows relative return over the trailing 12 months.
Head-to-Head Comparison
| Metric | DGRC | TQCD |
|---|---|---|
| YTD Return | +12.87%✓ | +12.79% |
| 1-Day Change | -0.26% | +0.18%✓ |
| 1-Week Change | +0.17% | +0.53%✓ |
| 1-Month Change | -0.11% | -0.49%✓ |
| Current Price | $54.19 | $28.39 |
| AUM | $934M | $3.12B✓ |
| MER (Expense Ratio) | 0% | 0% |
| Dividend Yield | 2.45% | 2.79%✓ |
| Distribution Frequency | Quarterly | — |
| Inception Date | 2017-09-19 | 2019-11-20 |
| Holdings Count | 10 | 10 |
| MorningStar Rating | ★★★ | ★★★★★ |
| Category | Canadian Dividend and Income Equity | Canadian Dividend and Income Equity |
| Beta | 0.80 | 0.87 |
| 52-Week High | $54.82 | $28.93 |
| 52-Week Low | $41.38 | $20.93 |
| 50-Day MA | $53.86 | $28.09 |
| 200-Day MA | $50.10 | $25.99 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | DGRC | TQCD |
|---|---|---|
| YTD | +12.87%✓ | +12.79% |
| 1 Year | +31.92% | +36.59%✓ |
| 3 Year | +20.69% | +28.39%✓ |
| 5 Year | +13.01% | +18.32%✓ |
| 10 Year | — | — |
| 1Y Volatility | 12.68% | 8.50% |
| Sharpe Ratio (3Y) | 1.45 | 2.17 |
Past performance is not a guarantee of future results.
Top 10 Holdings
| 1 | TD | Toronto Dominion Bank | 5.73% |
| 2 | RY | Royal Bank of Canada | 5.72% |
| 3 | WCP | Whitecap Resources Inc. | 5.57% |
| 4 | CM | Canadian Imperial Bank Of Commerce | 5.33% |
| 5 | CNR | Canadian National Railway Co | 5.28% |
| 6 | NA | National Bank of Canada | 5.13% |
| 7 | CNQ | Canadian Natural Resources Ltd | 5.09% |
| 8 | IMO | Imperial Oil Ltd | 4.90% |
| 9 | MG | Magna International Inc | 4.25% |
| 10 | TRI | Thomson Reuters Corp | 4.06% |
| 1 | CM | Canadian Imperial Bank Of Commerce | 3.74% |
| 2 | BNS | Bank of Nova Scotia | 3.53% |
| 3 | TD | Toronto Dominion Bank | 3.52% |
| 4 | RY | Royal Bank of Canada | 3.48% |
| 5 | BMO | Bank of Montreal | 3.34% |
| 6 | SU | Suncor Energy Inc | 3.27% |
| 7 | NA | National Bank of Canada | 3.15% |
| 8 | ABX | Barrick Gold Corp | 3.12% |
| 9 | POW | Power Corporation Of Canada | 3.11% |
| 10 | PPL | Pembina Pipeline Corp | 3.09% |
Sector Weights
| Sector | DGRC | TQCD |
|---|---|---|
| Basic Materials | 8.25% | 15.06% |
| Communication Services | 2.02% | 3.45% |
| Consumer Cyclicals | 10.32% | 2.36% |
| Consumer Defensive | 10.65% | 1.80% |
| Energy | 26.61% | 20.38% |
| Financial Services | 24.79% | 36.43% |
| Healthcare | 0.00% | 0.30% |
| Industrials | 15.94% | 10.06% |
| Real Estate | 0.09% | 3.58% |
| Technology | 1.33% | 1.20% |
| Utilities | 0.00% | 5.39% |
About DGRC
NA
About TQCD
NA
Which ETF is Right for You?
Both DGRC and TQCD are listed on Canadian exchanges and accessible through most Canadian brokerages including Questrade, Wealthsimple Trade, TD Direct, and Interactive Brokers.
Based on the available data, TQCD scores higher across our tracked metrics including YTD performance, dividend yield, and AUM — though both ETFs warrant individual research before investing.
- Consider your account type (TFSA, RRSP, non-registered) as it can affect dividend taxation.
- Compare management expense ratios (MER) directly on each provider's website.
- Look at average daily trading volume to assess liquidity.
- Review the fund's underlying index and holdings to ensure the exposure matches your goals.
This is not financial advice. Always do your own research or consult a licensed financial advisor before investing.
Frequently Asked Questions
What is the difference between DGRC and TQCD?
DGRC (CI Canada Quality Dividend Growth Index ETF) and TQCD (TD Q Canadian Dividend ETF) are both Canadian-listed ETFs. Key differences include their AUM ($934M vs $3.12B), dividend yield (2.45% vs 2.79%), and year-to-date performance (+12.87% vs +12.79%).
Is DGRC better than TQCD?
There is no single "better" ETF — it depends on your investment goals. If you prioritise recent performance, DGRC has outperformed year-to-date. Always review the fund's prospectus and consider your tax situation.
Can I buy DGRC and TQCD on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both DGRC and TQCD should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
7 stocks to buy and hold forever
Complement your ETF portfolio with these proven long-term individual stocks.
Get the FREE Report