A side-by-side comparison of CI Canada Quality Dividend Growth Index ETF (DGRC) and BMO US Dividend ETF (CAD) (ZDY) to help Canadian investors make an informed decision.
1-Year Performance
Normalised to 100 at the start — shows relative return over the trailing 12 months.
Head-to-Head Comparison
| Metric | DGRC | ZDY |
|---|---|---|
| YTD Return | +17.64% | +17.97%✓ |
| 1-Day Change | -0.49% | -0.45%✓ |
| 1-Week Change | +1.73%✓ | -0.47% |
| 1-Month Change | -1.28% | +1.44%✓ |
| Current Price | $56.48 | $59.36 |
| AUM | $989M✓ | $904M |
| MER (Expense Ratio) | 0%✓ | 0.29% |
| Dividend Yield | 2.96%✓ | 1.48% |
| Distribution Frequency | Quarterly | Monthly |
| Inception Date | 2017-09-19 | 2013-03-19 |
| Holdings Count | 10 | 10 |
| MorningStar Rating | — | — |
| Category | — | — |
| Beta | 0.79 | 0.70 |
| 52-Week High | $58.05 | $60.00 |
| 52-Week Low | $43.92 | $48.74 |
| 50-Day MA | $56.96 | $58.81 |
| 200-Day MA | $53.64 | $55.65 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | DGRC | ZDY |
|---|---|---|
| YTD | +17.64% | +17.97%✓ |
| 1 Year | +26.18%✓ | +23.28% |
| 3 Year | +20.93% | +21.03%✓ |
| 5 Year | +14.45%✓ | +14.31% |
| 10 Year | — | +11.60% |
| 1Y Volatility | 14.13% | 9.29% |
| Sharpe Ratio (3Y) | 1.56 | 1.52 |
Past performance is not a guarantee of future results.
Top 10 Holdings
| 1 | SU | Suncor Energy Inc | 5.32% |
| 2 | CNR | Canadian National Railway Co | 5.44% |
| 3 | TD | Toronto Dominion Bank | 5.29% |
| 4 | CM | Canadian Imperial Bank Of Commerce | 5.12% |
| 5 | IMO | Imperial Oil Ltd | 4.87% |
| 6 | CNQ | Canadian Natural Resources Ltd | 4.96% |
| 7 | RY | Royal Bank of Canada | 4.95% |
| 8 | NA | National Bank of Canada | 4.78% |
| 9 | AEM | Agnico Eagle Mines Limited | 4.67% |
| 10 | TRI | Thomson Reuters Corp | 4.62% |
| 1 | AAPL | Apple Inc. | 4.65% |
| 2 | DELL | Dell Technologies Inc | 4.63% |
| 3 | ABBV | AbbVie Inc | 3.61% |
| 4 | CSCO | Cisco Systems Inc | 3.41% |
| 5 | PM | Philip Morris International Inc | 3.05% |
| 6 | NVDA | NVIDIA Corporation | 2.81% |
| 7 | QCOM | Qualcomm Incorporated | 2.63% |
| 8 | AVGO | Broadcom Inc | 2.67% |
| 9 | CVX | Chevron Corp | 2.40% |
| 10 | MSFT | Microsoft Corporation | 2.38% |
Sector Weights
| Sector | DGRC | ZDY |
|---|---|---|
| Basic Materials | 16.41% | 1.38% |
| Communication Services | 2.02% | 6.75% |
| Consumer Cyclicals | 11.54% | 4.57% |
| Consumer Defensive | 12.15% | 7.21% |
| Energy | 20.01% | 7.67% |
| Financial Services | 21.24% | 10.33% |
| Healthcare | 0.00% | 12.49% |
| Industrials | 15.53% | 4.16% |
| Real Estate | 0.00% | 5.71% |
| Technology | 1.52% | 34.85% |
| Utilities | 0.00% | 4.86% |
About DGRC
NA
About ZDY
BMO US Dividend ETF (CAD) (ZDY.TO) is a Canadian-listed ETF traded on the Toronto Stock Exchange. More detailed information will be available soon.
Which ETF is Right for You?
Both DGRC and ZDY 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, DGRC 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 ZDY?
DGRC (CI Canada Quality Dividend Growth Index ETF) and ZDY (BMO US Dividend ETF (CAD)) are both Canadian-listed ETFs. Key differences include their AUM ($989M vs $904M), dividend yield (2.96% vs 1.48%), and year-to-date performance (+17.64% vs +17.97%).
Is DGRC better than ZDY?
There is no single "better" ETF — it depends on your investment goals. If you prioritise dividends, compare both yields and choose based on your income needs. Always review the fund's prospectus and consider your tax situation.
Can I buy DGRC and ZDY on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both DGRC and ZDY should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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