Som Seif iShares Cdn Div Aristocrats ETF CDZ-T COMMENT Dec 02, 2009

A leftover from Claymore. Not as high quality. Somebody called it the proletarian as opposed to aristocrats. It is diverse. Perfectly acceptable ETF.

Dividend investing is a long term factor strategy and this is one of the granddaddies in the sector. To be classed as Aristocrat, dividends have to have been steady or rising for 5 years in Canada and 25 years in the US holdings. Its fee is a little higher than new products. ZEI-T is perhaps another alternative with a lower fee.

He was buying it for diversification--it's not only about banks. There's nothing wrong with this. This ETF is about dividends as well as growth.

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The ETF focuses on good dividend payers and offers good yield with a strong track record. It strategically covers multiple sectors including financials, utilities, energy and real estate. Unlock Premium - Try 5i Free

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The fund holds companies that have increased their dividends for at least 5 years in a row. They also screen for quality of balance sheet and earnings and holds established large-cap names. Unlock Premium - Try 5i Free

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.