Vanguard FTSE Cdn High Div Yd. (VDY.TO)

Loves it. Seeing outperformance because US has become all about software, but AI will lead to more hardware requirements. MER is 22 bps. Yield is 4+%. A nice complement would be XDIV.

Similar to XEI, but VDY is 45% banks compared to 24% for XEI. If you really like Canadian banks, then this might be the one for you. If you want to be more diversified, which he'd encourage, XEI might be better. Returned 17% on average for each of last 5 years. Yield is 3.6%.

ETFs that focus on the dividend growers will concentrate on companies with really strong fundamentals such as ROE, free cashflow, and long-term history of raising dividends during ups as well as downs. The high payers will probably look at market capitalization and what's paying the highest dividend. Less concerned about quality. 

This question precludes ETFs with covered call writing, as those are capital gains distributions rather than dividends.

VDY tracks performance of Canadian companies with high dividends. MER is about 0.22, yield is ~4-5%. Doesn't prioritize dividend growth.

Conversely, XDIV looks at dividend growers and their dividend sustainability and growth metrics. Concerned with growth of future dividends. MER is 0.10. Dividend yield is lower, about 4%.

Well run, paying ~22 bps. Basket of high-dividend-paying Canadian names. Note that there are a lot of banks in here, about 43%. Plus another 10% insurance. Yield is around 5%.

Great strategy, though he prefers XEI.

Likes it. Pays a dividend. Over time, this will keep pace with the market, Your return is income-oriented, which is good in volatile markets now and in the future. Is conservative, but likes that it generates income.

Basket of Canadian stocks with dividend quality. A good choice.

Both are great examples of an ETF with Canadian names. Between 4.9-5.3% dividend yield. VDY has more banking exposure, so it depends on how much concentration you want in the Canadian banks. 

He doesn't know if it's geared to low BETA or not. It is fine as a component of a retirement portfolio.

Generally likes the dividend payers, depending on the investor. Good if you're looking for income and steady growth. Be aware that a lot of the weighting is bunched around the Canadian banks, with energy companies following. Steady performance, value play. Dividend is fine and growth will be there.

It holds quality companies that pay dividends. It's hard to go wrong with Vanguard, which are very low priced. This holds 56% financials, 24% energy and 8% utilities. This is where you find Canadian yields.

When you go for high-dividend payers in Canada you get the banks, insurance companies, pipelines, and some of the energy names. Yield will be a bit over 4%. A nice way to play.

Vanguard, iShares, and BMO all have offerings, but they all do it slightly differently. BMO has a covered call version, ZWC. There's ZDV, XDV, VDY. Take a look at them all and see what you like. All have different weights to the components. They're all equally good.

He likes XEI and VDY. Both pay ~5% yield. VDY is about 45% Canadian banks. XEI is a bit more diversified, with 23% Canadian banks as its top weighting.

For income, he prefers these to a covered call strategy. Though the covered call strategies look very attractive, they tend to underperform the underlying securities, especially in a rising equity market. Great if you need the income, but you'll get a better total return with the other.

Good holding with a bit of diversity and a bit of yield. Home-country bias for Canadian investors hasn't really worked out for the last couple of years, so good to add diversity like this one. Not the best in the world but, as a whole, likes it.

Excellent product with safe dividend. Good for long term investors. Good management team with low MER. 

Likes some of these solid, large-cap dividend names. Interest rate environment's on pause, likely to fall, beneficial for dividend-type stocks. Excellent name to own, nothing wrong with it. 22 bps. He owns XEI, similar strategy.