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iShares S&P/TSX Composite High Dividend Index ETF (XEI)
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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)
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iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV)
Q: I sold my individual dividend stocks and am replacing them with an ETF for simplicity. How would you rate/compare these dividendETFS? Which two do you prefer? I'll put 1 in my rrsp and a another in my TFSA. I am diversified in other countries already. I'm thinking XDIV and XEI might be the safest?
5i Research Answer:
CDZ and XEI both take more of a equal weight approach while VDY and XDIV are more heavily weighted to larger companies and the financial sector. CDZ has the highest fees out of the group. So we might go with XEI and XDIV as a bit of a mix in terms of weightings within the fund.