Question 1

What is XDV?

Accepted Answer

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

Question 2

What is the XDV ETF price today?

Accepted Answer

XDV last traded at $47.99 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: +20.43%, 1-year: +38.46%, 3-year annualised: +26.18%, 5-year annualised: +14.33%, 10-year annualised: +12.26%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.81, 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 3.30%, 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, 8.7%), Canadian Tire Corporation Limited (CTC-A, 7.8%), Toronto Dominion Bank (TD, 5.6%), Bank of Nova Scotia (BNS, 5.5%) — 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 (54.6%), Consumer Cyclicals (10.8%), Energy (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 $2.59B 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 8.31% and a beta of 0.86 (less volatile than the broad market). Its 3-year Sharpe ratio of 1.81 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
2026-09-03	$47.57	$48.04	$47.56	$47.99	$47.99	32,758
2026-09-02	$47.04	$47.49	$47.04	$47.49	$47.49	28,857
2026-09-01	$47.23	$47.43	$46.80	$47.02	$47.02	27,471
2026-08-31	$47.35	$47.51	$47.12	$47.23	$47.23	23,275
2026-08-28	$47.47	$47.58	$47.27	$47.42	$47.42	12,026
2026-08-27	$47.51	$47.51	$47.10	$47.39	$47.39	24,229
2026-08-26	$47.40	$47.77	$47.39	$47.60	$47.60	10,300
2026-08-25	$47.52	$47.70	$47.43	$47.62	$47.50	31,200
2026-08-24	$47.48	$47.59	$47.35	$47.40	$47.40	23,265
2026-08-21	$47.66	$47.96	$47.52	$47.62	$47.62	32,763

#	Ticker	Name	Weight
1	RY	Royal Bank of Canada	8.79%
2	BMO	Bank of Montreal	8.71%
3	CTC-A	Canadian Tire Corporation Limited	7.83%
4	TD	Toronto Dominion Bank	5.57%
5	BNS	Bank of Nova Scotia	5.51%
6	CM	Canadian Imperial Bank Of Commerce	5.32%
7	SLF	Sun Life Financial Inc.	4.95%
8	GWO	Great-West Lifeco Inc.	4.09%
9	TRP	TC Energy Corp	3.91%
10	POW	Power Corporation Of Canada	3.58%

Sector	Weight
Financial Services	54.61%
Consumer Cyclicals	10.83%
Energy	10.81%
Utilities	10.32%
Communication Services	6.40%
Industrials	4.09%
Consumer Defensive	1.54%
Basic Materials	1.41%
Real Estate	0.00%
Technology	0.00%
Healthcare	0.00%

Ticker	Name	Price	1D
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RBNU		$45.39	+32.56%
COIU		$28.79	+18.77%
HODY	Harvest Robinhood Enhanced High Income Shares ETF	$7.95	+15.38%
PLTU		$32.95	+15.21%
MSTE	Harvest MicroStrategy Enhanced High Income Shares ETF - Class A Units	$2.54	+14.41%
ORBU		$10.01	+14.40%
CLHI	Ninepoint Celestica HighShares ETF	$8.03	+13.90%

CIBC Investor's Edge

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

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Frequently Asked Questions — XDV