CDIV.TO
Manulife Smart Dividend ETF
Canadian
EQUITY
Active
MANAGEMENT STYLE
$ 1.3 B
ASSETS UNDER MGMT
25 bp
EXPENSES
Fund Basics
| Inception date | Nov 25, 2020 |
| Regulation | |
| Fund Website | link... |
| Distributions | |
| Currency | CAD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| TORONTO-DOMINION BANK | 4.7 % |
| CAN IMPERIAL BK OF COMMERCE | 4.3 % |
| BANK OF MONTREAL | 4.2 % |
| BARRICK MINING CORP | 4.0 % |
| CANADIAN NATL RAILWAY CO | 3.8 % |
| BANK OF NOVA SCOTIA | 3.8 % |
| CANADIAN NATURAL RESOURCES | 3.6 % |
| MANULIFE FINANCIAL CORP | 3.4 % |
| GREAT-WEST LIFECO INC | 3.3 % |
| NUTRIEN LTD. | 3.2 % |
Constituent Breakdown
| Number of holdings | 56 |
| Herfindahl-Hirschman Index | 269 |
| Wgt avg mkt cap (mns) | $43,297 |
| Large cap (>$10bn) | 70.7% |
| Mid cap ($2-10bn) | 20.5% |
| Small cap (<$2bn) | 4.8% |
| Developed mkts. | 99.2% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
CANADA | 99.2 % |
Historical Performance
Standardized Performance (as of 05/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 12.8% | 27.9% | 21.6% | 16.6% | 10.0% | -- | -- | 12.9% |
| Dividend Yield | 0.6% | 3.4% | 3.9% | 4.0% | 3.7% | -- | -- | 3.5% |
| Total Returns | 13.4% | 31.3% | 25.5% | 20.6% | 13.7% | -- | -- | 16.4% | Ann. Volatility | 13.8% | 12.1% | 12.1% | 11.6% | 12.0% | -- | -- | 11.9% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.48 | 21% |
| MSCI EAFE | 0.42 | 27% |
| MSCI Emg Mkts | 0.26 | 18% |
Liquidity Measures
| Avg. volume (000) | 47 |
| ADV traded (mns) | $1 |
| Turnover | 0.1% |
| Avg. Bid/Ask (% of price) | 0.00% |
Technical Indicators
| 30d moving avg. (EMA) | $21.05 |
| Relative strength (RSI) | 59 |
| MACD/Signal | 0.17/0.17 |
| Bollinger Bands (Upper/Lower) | $21.52/$20.82 |
| Short interest (% of AUM) | 0.0% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. CDIV.TO |
Expenses vs. CDIV.TO |
ALTAR Score™ vs. CDIV.TO |
|---|---|---|---|---|
| TQCD.TO | TD Q Canadian Dividend ETF | 54.9% | +10 bp | -1.1% |
| PXC.TO | Invesco RAFI Canadian Index ETF | 47.3% | +20 bp | -0.6% |
| ZVC.TO | BMO MSCI Canada Value Index ETF | 47.0% | +10 bp | -0.1% |
| PDC.TO | Invesco Canadian Dividend Index ETF | 47.0% | +25 bp | -1.1% |
| XEI.TO | iShares S&P/TSX Composite High Dividend Index ETF | 46.7% | -3 bp | -0.7% |
| XMV.TO | iShares MSCI Min Vol Canada Index ETF | 46.4% | +8 bp | -0.8% |
| ZDV.TO | BMO Canadian Dividend ETF | 46.0% | +10 bp | -1.4% |
| FCCD.TO | Fidelity Canadian High Dividend ETF | 45.4% | +10 bp | -0.5% |
| VCE.TO | Vanguard FTSE Canada Index ETF | 44.7% | -20 bp | -1.2% |
| CMVP.TO | HAMILTON CHAMPIONS TM Canadian Dividend Index ETF | 44.3% | -6 bp | -0.9% |
Risk and Returns: CDIV.TO vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (CAD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 6/3/2026
Peer Group Comparison
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ETF Research Center Rating
7.0%
ALTAR SCORE™
77th
PERCENTILE
OVERWEIGHT
ETFRC RATING
There are 104 funds in the Canadian Equity category with an average
ALTAR Score™ of 5.9% and a standard deviation
of 1.4%. CDIV.TO's ALTAR Score™ is approximately 0.7 standard
deviations above the category average. This places CDIV.TO in the 77th percentile
among funds in the category.
Sell-Side Consensus
$22.62
PRICE TARGET
+5.0%
UPSIDE