iShares S&P/TSX 60 Index ETF
VDY TSX
Vanguard FTSE Canadian High Dividend Yield Index ETF · by Vanguard Canada
Vanguard FTSE Canadian High Dividend Yield ETF (VDY) targets the highest-yielding Canadian stocks. With 3.80% yield and monthly distributions, it's the top choice for Canadian income investors seeking maximum dividend yield.
About Vanguard FTSE Canadian High Dividend Yield ETF
VDY tracks the FTSE Canada High Dividend Yield Index, focusing on large-cap Canadian companies with the highest dividend yields. The fund is heavily weighted toward financials and energy — Canada's two highest-yielding sectors.
Monthly Income
VDY pays monthly distributions, making it ideal for investors seeking regular income. The current yield of approximately 3.80% is among the highest in Canadian equity ETFs.
Top holdings
Every holding links to its own page with a live price and the full list of funds that own it.
| # | Holding | Ticker | Sector | Weight | Price |
|---|---|---|---|---|---|
| 1 | Royal Bank of Canada | RY | Financials | 15.00% | C$287.89 1.69% |
| 2 | Toronto-Dominion Bank | TD | Financials | 12.50% | C$168.20 1.19% |
| 3 | Enbridge | ENB | Energy | 10.00% | C$69.70 -1.19% |
| 4 | Bank of Montreal | BMO | Financials | 8.50% | C$239.29 2.18% |
| 5 | Bank of Nova Scotia | BNS | Financials | 7.50% | C$129.14 1.88% |
| 6 | Canadian Natural Resources | CNQ | Energy | 6.00% | C$71.65 -0.58% |
| 7 | Manulife Financial | MFC | — | 5.50% | C$59.92 2.13% |
| 8 | TC Energy | TRP | — | 5.00% | C$86.62 -1.36% |
| 9 | Sun Life Financial | SLF | — | 4.50% | C$110.08 1.50% |
| 10 | BCE | BCE | — | 4.00% | C$32.35 -0.49% |
Frequently asked questions
What is VDY's dividend yield?
VDY currently yields approximately 3.80%, with monthly distributions. It's one of the highest-yielding Canadian equity ETFs.
Is VDY good for retirement income?
Yes, VDY is excellent for retirement. It holds stable dividend-paying Canadian blue-chips and pays monthly, providing reliable income.
Compare with similar ETFs
iShares Core S&P/TSX Capped Composite Index ETF
Vanguard S&P 500 Index ETF (CAD)
iShares UK Dividend UCITS ETF
Vanguard Australian Shares High Yield ETF
BMO S&P 500 Index ETF (CAD)
VDY discussion
Questions on fair value, cost, dividends and risk — answered with the fund data on this page.
What is the fair value of VDY in 2026?
VDY price prediction 2026: what actually drives it?
Does VDY pay a dividend, and how reliable is the yield?
Is VDY a good long-term hold, or too concentrated?
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