- iShares Canadian Select Dividend Index ETF (XDV)
- iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV)
Q: long time holder of XDV (15 yrs). I see XDIV has outperformed by far since its inception with similar yield and lower MER. For what is worth XDIV has a 5 star Morningstar rating vs 2 stars for XDV. Thinking of switching my XDV for XDIV. Your opinion please.
5i Research Answer:
XDIV has outperformed XDV mainly due to the strong last three years of performance. We are comfortable with the switch here especially considering the significantly lower MER that XDIV charges and recent perfromance. XDIV is also similar in size to XDV at $1.26B vs. $1.56B.