Question 1

What is XDV?

Accepted Answer

XDV (iShares Canadian Select Dividend Index ETF) is a Canadian-listed ETF trading on the TSX. It tracks the Morningstar Canada GR CAD.

Question 2

What is the XDV ETF price today?

Accepted Answer

XDV last traded at $47.24 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the XDV MER (management expense ratio)?

Accepted Answer

XDV 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%, XDV is considered a low-cost ETF.

Question 4

What are XDV annualised returns?

Accepted Answer

XDV historical returns: YTD: +18.54%, 1-year: +32.35%, 3-year annualised: +26.97%, 5-year annualised: +14.27%, 10-year annualised: +12.22%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 2.09, which measures risk-adjusted return.

Question 5

Does XDV pay dividends or distributions?

Accepted Answer

Yes, XDV distributes income to unitholders. The current distribution yield is approximately 3.42%, paid monthly. 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 XDV invest in?

Accepted Answer

XDV's top holdings include Royal Bank of Canada (RY, 8.8%), Bank of Montreal (BMO, 8.8%), Canadian Tire Corporation Limited (CTC-A, 7.8%), Bank of Nova Scotia (BNS, 6.2%), Toronto Dominion Bank (TD, 5.7%) — 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 XDV invest in?

Accepted Answer

XDV's largest sector exposures are Financial Services (56.0%), Energy (11.6%), Utilities (10.8%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is XDV? (Assets under management)

Accepted Answer

XDV has approximately $2.55B 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 XDV launched?

Accepted Answer

XDV was launched on December 19, 2005, giving it a 21-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 XDV in Canada?

Accepted Answer

XDV trades on the TSX under the ticker XDV. 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 XDV?

Accepted Answer

XDV has a 1-year volatility of 10.92% and a beta of 0.77 (less volatile than the broad market). Its 3-year Sharpe ratio of 2.09 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
2026-10-14	$47.04	$47.28	$47.00	$47.24	$47.24	16,904
2026-10-13	$46.90	$47.27	$46.80	$47.22	$47.22	32,310
2026-10-09	$46.45	$46.68	$46.45	$46.66	$46.66	16,100
2026-10-08	$46.21	$46.55	$46.14	$46.40	$46.40	20,330
2026-10-07	$46.90	$46.90	$46.38	$46.39	$46.39	48,026
2026-10-06	$47.05	$47.30	$47.04	$47.14	$47.14	29,226
2026-10-05	$47.23	$47.28	$46.98	$47.00	$47.00	24,825
2026-10-02	$46.97	$47.28	$46.97	$47.26	$47.26	14,802
2026-10-01	$46.98	$46.98	$46.40	$46.88	$46.88	38,118
2026-09-30	$47.15	$47.16	$47.00	$47.01	$47.01	34,741

#	Ticker	Name	Weight
1	RY	Royal Bank of Canada	8.77%
2	BMO	Bank of Montreal	8.82%
3	CTC-A	Canadian Tire Corporation Limited	7.80%
4	BNS	Bank of Nova Scotia	6.23%
5	TD	Toronto Dominion Bank	5.73%
6	CM	Canadian Imperial Bank Of Commerce	5.01%
7	SLF	Sun Life Financial Inc.	4.66%
8	GWO	Great-West Lifeco Inc.	3.97%
9	TRP	TC Energy Corp	3.63%
10	POW	Power Corporation Of Canada	3.43%

Sector	Weight
Financial Services	56.03%
Energy	11.55%
Utilities	10.79%
Consumer Cyclicals	10.75%
Communication Services	5.40%
Industrials	4.88%
Consumer Defensive	1.72%
Basic Materials	1.20%
Healthcare	0.00%
Technology	0.00%
Real Estate	0.00%

Ticker	Name	Price	1D
CGMD		$6.72	+16.26%
SOXD		$14.61	+13.26%
SLVD	BetaPro Silver -2x Daily Bear ETF	$40.88	+12.52%
MSTZ		$2.20	+11.11%
COID		$4.30	+9.97%
GDXD	BetaPro Canadian Gold Miners -2x Daily Bear ETF	$9.37	+9.46%
QQQD		$6.74	+6.81%
SRSL		$12.29	+6.78%

iShares Canadian Select Dividend Index ETF (XDV : TSX)

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

ETF Details

7 stocks to buy and hold forever

Explore More

Frequently Asked Questions — XDV