FTSE Canadian High Dividend Yield Index ETF Review (VDY) 2024
Wealth Awesome Rating: 78/100
This equity ETF has an MER of 0.30%. With lower than average fees, it’s a cost-effective option. Managing 159 million in assets, it’s widely trusted by investors. Suitable for those seeking growth with a medium to high risk tolerance.
The Wealth Awesome ETF rating is based on identifying ETFs that are popular and well used, while keeping costs low.
VDY trades on the TSX exchange.
Looking to invest in general equity? Consider an general equity ETF as an easy way to get access.The FTSE Canadian High Dividend Yield Index (VDY) is one of the most popular ETF’s in Canada by market cap.Let’s take a closer look at this ETF here.
What is the FTSE Canadian High Dividend Yield Index ETF
A general equity ETF, aiming for growth by investing in a broad range of stocks. This ETF has an MER of 0.30%. This ETF trades on the TSX exchange.VDY stock price and other stats
ETF Key Stats
Exchange: TSX
Assets Under Management: $159MM
Expense Ratio: 0.30%
Price: $43.47 (Updated: 3/7/2024)
FTSE Canadian High Dividend Yield Index (VDY) Top 10 Holdings
Company Name | Symbol | Assets % |
---|---|---|
Royal Bank of Canada | RY | 13.98759 |
Toronto Dominion Bank | TD | 11.28645 |
Enbridge Inc | ENB | 7.66684 |
Canadian Natural Resources Ltd | CNQ | 6.98902 |
Bank of Montreal | BMO | 6.93875 |
Bank of Nova Scotia | BNS | 5.75991 |
Suncor Energy Inc | SU | 4.39805 |
Canadian Imperial Bank Of Commerce | CM | 4.17359 |
TC Energy Corp | TRP | 4.14874 |
Manulife Financial Corp | MFC | 4.10619 |
FTSE Canadian High Dividend Yield Index (VDY) Breakdown by Market Cap
Category | Value |
---|---|
Mega | 61.58038 |
Big | 29.5102 |
Medium | 6.45248 |
Small | 2.45694 |
Micro | 0 |
FTSE Canadian High Dividend Yield Index (VDY) Sector Breakdown
Sector | Equity % | Relative to Category |
---|---|---|
Basic Materials | 0.99005 | 4.5057 |
Consumer Cyclicals | 2.67114 | 4.76225 |
Financial Services | 55.46498 | 35.65692 |
Real Estate | 0.22215 | 3.47149 |
Communication Services | 6.91406 | 6.52892 |
Energy | 28.4774 | 16.70947 |
Industrials | 0.46804 | 11.8153 |
Technology | 0.06913 | 4.33511 |
Consumer Defensive | 0.16109 | 3.71767 |
Healthcare | 0 | 1.86523 |
Utilities | 4.56195 | 6.63194 |
FTSE Canadian High Dividend Yield Index (VDY) Geographic Breakdown
Region | Equity % | Relative to Category |
---|---|---|
North America | 100 | 99.493 |
United Kingdom | 0 | 0.20239 |
Europe Developed | 0 | 0.289 |
Europe Emerging | 0 | 0 |
Africa/Middle East | 0 | 0 |
Japan | 0 | 0.014 |
Australasia | 0 | 0 |
Asia Developed | 0 | 0.001 |
Asia Emerging | 0 | 0 |
Latin America | 0 | 0 |
VDY Management Expense Ratio
VDY has a management expense ratio of 0.30% . The MER is significantly lower than what you can get with a mutual fund product offered by large banks.How to Buy FTSE Canadian High Dividend Yield Index TSX ETF
You can buy VDY on pretty much any online brokerage in Canada, since it trades on the TSX.If you are looking for some easy options take a look at these two:Image | Product Title | Features | Price |
---|---|---|---|
Editor's Choice |
| Get $25 Signup Bonus | |
Reliable Pick |
| Get $50 Free Stock Trades |