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iShares Cdn Div Aristocrats ETFCDZ.TOTOP PICKAug 11, 2026Stock price when the opinion was issued
As of Oct 16, 2026. Market Open.
Both are OK, but he'd pick XEI, as its performance has been a bit better. Fee's a bit lower. Volatility is relatively similar for both. If oil prices fall, both will be impacted. You can look at the weighting of oil in each to decide how much oil you want in your portfolio.
There is a nuance between the strategies. CDZ looks for companies that are increasing their dividends (but they might only have a 0.5% dividend). XEI focuses more on high-dividend payers.
Likes XEI for dividends. Lots of large-cap banks and pipelines.
CDZ has more mid-caps than the large caps that XEI has. Includes names like KEY, CSH.UN, GWO and ARE. More diversification, but more beta. Yield is 3.8%, not bad. Could complement XEI, but you may want to look at US or global dividend strategies for more diversification.
We reiterate CDZ, a low MER (0.6%) ETF of Canadian dividend aristocrat stocks, as a TOP PICK. The ETF has over 90 holdings that have increased their dividends consistently over the past five years. The average PE of the portfolio is 16x earnings. Since inception it has averaged a 7.4% annual return. We recommend trailing up the stop (from $43) to $45 looking to achieve $56 -- upside potential of 18%. Yield 3.0%