Key stats
About ISHARES S&P/TSX CANADIAN DIV ETF COMMON UNITS
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Inception date
Sep 8, 2006
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Eligible dividends
Income tax type
Capital Gains
Primary advisor
BlackRock Asset Management Canada Ltd.
The fund provides a dividend play on the Canadian equity market. Starting with the companies listed on the Toronto Stock Exchange (TSX) that are part of the S&P Canada BMI, the fund selects at least 40 firms that have been consistently increasing dividends every year for at least five years. If fewer than 40 firms qualify for inclusion, the highest yielding companies with four years of eligible annual dividend growth patterns are selected. The fund may include large-, mid, and small-cap companies across various sector and industry groups. Selected securities are then weighted based on indicated annual dividend yield and are constrained such that no individual security exceeds 8% weight of the portfolio. The index rebalances annually.
Classification
What's in the fund
Exposure type
Finance
Utilities
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
CDZ trades at 36.24 CAD today, its price has fallen −0.71% in the past 24 hours. Track more dynamics on CDZ price chart.
CDZ net asset value is 36.39 today — it's risen 6.06% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
CDZ assets under management is 945.66 M CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
CDZ price has risen by 5.72% over the last month, and its yearly performance shows a 14.32% increase. See more dynamics on CDZ price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 6.06% over the last month, showed a 3.78% increase in three-month performance and has increased by 18.43% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 6.06% over the last month, showed a 3.78% increase in three-month performance and has increased by 18.43% in a year.
CDZ fund flows account for −61.08 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
CDZ invests in stocks. See more details in our Analysis section.
CDZ expense ratio is 0.69%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, CDZ isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, CDZ technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating CDZ shows the buy signal. See more of CDZ technicals for a more comprehensive analysis.
Today, CDZ technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating CDZ shows the buy signal. See more of CDZ technicals for a more comprehensive analysis.
Yes, CDZ pays dividends to its holders with the dividend yield of 3.74%.
CDZ trades at a premium (0.05%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
CDZ shares are issued by BlackRock, Inc.
CDZ follows the S&P/TSX Dividend Aristocrats. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 8, 2006.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.