RBC Quant EAFE Dividend Leaders ETF Review (RID) 2024

Last Updated: 3/7/2024

Wealth Awesome Rating: 69/100
This equity ETF has an MER of 0.55%. With higher than average fees, it’s a premium option. Managing 195 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.

RID trades on the TSX exchange.
Looking to invest in general equity? Consider an general equity ETF as an easy way to get access. The RBC Quant EAFE Dividend Leaders (RID) 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 RBC Quant EAFE Dividend Leaders ETF

A general equity ETF, aiming for growth by investing in a broad range of stocks. This ETF has an MER of 0.55%. This ETF trades on the TSX exchange.

RID stock price and other stats

ETF Key Stats

Exchange: TSX

Assets Under Management: $195MM

Expense Ratio: 0.55%

Price: $25.64 (Updated: 3/7/2024)



RBC Quant EAFE Dividend Leaders (RID) Top 10 Holdings

Company NameSymbolAssets %
Novartis AGNOVN4.41384
ASML Holding NVASML3.66007
Novo Nordisk A/SNOVO-B3.16144
Yara International ASAYAR2.66995
Roche Holding AGROG2.66275
Bayerische Motoren Werke AktiengesellschaftBMW2.46255
Dassault Aviation SAAM2.27885
Hoya Cor77412.20072
Centrica PLCCNA2.17617
Kuehne & NagelKNIN2.0826

RBC Quant EAFE Dividend Leaders (RID) Breakdown by Market Cap

CategoryValue
Mega36.6841
Big40.8079
Medium11.91998
Small0.00076
Micro0

RBC Quant EAFE Dividend Leaders (RID) Sector Breakdown

SectorEquity %Relative to Category
Basic Materials7.775997.03406
Consumer Cyclicals14.093511.14738
Financial Services16.4032117.64108
Real Estate0.563861.55261
Communication Services7.429033.71114
Energy3.65994.00653
Industrials16.7588618.24331
Technology7.7563412.07343
Consumer Defensive5.68469.38379
Healthcare12.7335413.48722
Utilities7.141161.71944

RBC Quant EAFE Dividend Leaders (RID) Geographic Breakdown

RegionEquity %Relative to Category
North America0.6594.018
United Kingdom11.0276116.18688
Europe Developed55.06949.016
Europe Emerging00.007
Africa/Middle East0.0070.526
Japan22.90518.089
Australasia6.8564.345
Asia Developed3.4755
Asia Emerging0.0012.125
Latin America00.686

RID Management Expense Ratio

RID has a management expense ratio of  0.55% . The MER is significantly lower than what you can get with a mutual fund product offered by large banks.  


How to Buy  RBC Quant EAFE Dividend Leaders TSX ETF

You can buy  RID 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:  
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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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