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BMO Canadian Dividend ETF (ZDV)
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iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ)
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Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY)
Q: Please recommend a Canadian low volatility dividend etf
I am primarily interested in income with possibility of some growth
5-10 year horizon
Many thanks
I am primarily interested in income with possibility of some growth
5-10 year horizon
Many thanks
5i Research Answer:
There are a couple of specific Canadian ETFs that focus on both low volatility and high dividends, being the CIBC Qx Canadian Low Volatility Dividend ETF (CQLC) and the Franklin Canadian Low Volatility High Dividend ETF (FLVC). Both have low liquidity (FLVC at $2.2M in AUM and CQLC at $3.8M in AUM). FLVC has an MER of 0.15% and CQLC has an MER of 0.34%.
Both have performed similarly, and overall, we would prefer FLVC due to its lower MER.
If an investor is looking for a more liquid fund, while not specifically 'low volatility', we also like CDZ, VDY, and ZDV.