The iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV) targets high-quality Canadian stocks with robust growth potential, offering a steady dividend yield of 3.78%. With an impressive 1-year return of 21.01% and a remarkable 5-year return of 87.00%, this ultra-low cost ETF (0.11% MER) is ideal for long-term investors seeking reliable income and broad diversification. Monthly distributions enhance its appeal as a dependable addition to any dividend-focused portfolio.
Pros:
- Focus on quality high-dividend stocks
- Low expense ratio
Cons:
- Potentially lower yield compared to other high-yield ETFs
- Market risk associated with equity investments
The iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV.TO) is suitable for long-term investors seeking a blend of reliable income and capital appreciation, particularly those focused on high-quality Canadian equities. Its competitive dividend yield and strong historical performance may appeal to dividend-focused portfolios while providing broad market exposure.
