A side-by-side comparison of CI Canada Quality Dividend Growth Index ETF (DGRC) and BMO US Dividend ETF (CAD) (ZDY) to help Canadian investors make an informed decision.
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1-Year Performance
Normalised to 100 at the start — shows relative return over the trailing 12 months.
Head-to-Head Comparison
| Metric | DGRC | ZDY |
|---|---|---|
| YTD Return | +15.96%✓ | +14.77% |
| 1-Day Change | -0.91% | -0.23%✓ |
| 1-Week Change | 0.00%✓ | -2.20% |
| 1-Month Change | +2.73%✓ | -1.87% |
| Current Price | $55.67 | $57.75 |
| AUM | $968M✓ | $878M |
| MER (Expense Ratio) | 0%✓ | 0.3% |
| Dividend Yield | 2.35%✓ | 1.46% |
| Distribution Frequency | Quarterly | Monthly |
| Inception Date | 2017-09-19 | 2013-03-19 |
| Holdings Count | 10 | 10 |
| MorningStar Rating | ★★★ | ★★★★ |
| Category | Canadian Dividend and Income Equity | U.S. Dividend & Income Equity |
| Beta | 0.78 | 0.70 |
| 52-Week High | $56.24 | $59.44 |
| 52-Week Low | $41.38 | $47.84 |
| 50-Day MA | $54.41 | $57.92 |
| 200-Day MA | $50.64 | $53.97 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | DGRC | ZDY |
|---|---|---|
| YTD | +15.96%✓ | +14.77% |
| 1 Year | +34.43%✓ | +25.16% |
| 3 Year | +20.83%✓ | +19.64% |
| 5 Year | +13.75%✓ | +13.53% |
| 10 Year | — | +11.03% |
| 1Y Volatility | 12.70% | 8.37% |
| Sharpe Ratio (3Y) | 1.36 | 1.50 |
Past performance is not a guarantee of future results.
Top 10 Holdings
| 1 | NA | National Bank of Canada | 5.64% |
| 2 | RY | Royal Bank of Canada | 5.54% |
| 3 | TD | Toronto Dominion Bank | 5.53% |
| 4 | CM | Canadian Imperial Bank Of Commerce | 5.52% |
| 5 | CNR | Canadian National Railway Co | 5.11% |
| 6 | ATD | Alimentation Couchen Tard Inc A | 5.11% |
| 7 | TRI | Thomson Reuters Corp | 5.01% |
| 8 | IMO | Imperial Oil Ltd | 4.57% |
| 9 | WCP | Whitecap Resources Inc. | 4.42% |
| 10 | MG | Magna International Inc | 4.36% |
| 1 | CSCO | Cisco Systems Inc | 3.87% |
| 2 | DELL | Dell Technologies Inc | 3.79% |
| 3 | AAPL | Apple Inc. | 3.45% |
| 4 | QCOM | Qualcomm Incorporated | 3.20% |
| 5 | ABBV | AbbVie Inc | 3.11% |
| 6 | AVGO | Broadcom Inc | 3.07% |
| 7 | PM | Philip Morris International Inc | 2.98% |
| 8 | NVDA | NVIDIA Corporation | 2.78% |
| 9 | MCHP | Microchip Technology Inc | 2.49% |
| 10 | CVX | Chevron Corp | 2.34% |
Sector Weights
| Sector | DGRC | ZDY |
|---|---|---|
| Basic Materials | 10.30% | 1.44% |
| Communication Services | 1.88% | 6.32% |
| Consumer Cyclicals | 12.77% | 5.00% |
| Consumer Defensive | 12.06% | 7.46% |
| Energy | 18.89% | 7.85% |
| Financial Services | 26.25% | 9.57% |
| Healthcare | 0.00% | 11.33% |
| Industrials | 16.33% | 4.29% |
| Real Estate | 0.00% | 5.49% |
| Technology | 1.53% | 35.51% |
| Utilities | 0.00% | 5.72% |
About DGRC
NA
About ZDY
BMO US Dividend ETF (CAD) (ZDY.TO) is a Canadian-listed ETF traded on the Toronto Stock Exchange. More detailed information will be available soon.
Which ETF is Right for You?
Both DGRC and ZDY are listed on Canadian exchanges and accessible through most Canadian brokerages including Questrade, Wealthsimple Trade, TD Direct, and Interactive Brokers.
Based on the available data, DGRC scores higher across our tracked metrics including YTD performance, dividend yield, and AUM — though both ETFs warrant individual research before investing.
- Consider your account type (TFSA, RRSP, non-registered) as it can affect dividend taxation.
- Compare management expense ratios (MER) directly on each provider's website.
- Look at average daily trading volume to assess liquidity.
- Review the fund's underlying index and holdings to ensure the exposure matches your goals.
This is not financial advice. Always do your own research or consult a licensed financial advisor before investing.
Frequently Asked Questions
What is the difference between DGRC and ZDY?
DGRC (CI Canada Quality Dividend Growth Index ETF) and ZDY (BMO US Dividend ETF (CAD)) are both Canadian-listed ETFs. Key differences include their AUM ($968M vs $878M), dividend yield (2.35% vs 1.46%), and year-to-date performance (+15.96% vs +14.77%).
Is DGRC better than ZDY?
There is no single "better" ETF — it depends on your investment goals. If you prioritise recent performance, DGRC has outperformed year-to-date. Always review the fund's prospectus and consider your tax situation.
Can I buy DGRC and ZDY on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both DGRC and ZDY should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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