Roundhill S&P 500 No Dividend Target ETF

XDIV

Market cap $58.8M

The iShares Core MSCI Canadian Quality Div Index ETF (XDIV:CA) has outperformed the S&P 500 so far in 2026, principally driven by its high exposure to the energy sector. While oil prices are expected to moderate going into next year, the ETF's undemanding valuation provides a sizable margin of safety even if earnings growth remains muted. Canadian GDP growth is forecast to accelerate starting in 2027, in contrast to a slowdown expected for the United States.

iShares Core MSCI Canadian Quality Dividend Index ETF receives a buy rating for its high-quality, income-focused portfolio but not a strong buy due to concentration risk. XDIV:CA is heavily weighted in financials and energy, with the top 10 holdings making up over 77% of the fund, increasing sector- and company-specific risks. Despite concentration, XDIV:CA offers strong risk-adjusted returns, lower volatility, and a higher dividend yield (3.92%) compared to broader Canadian ETFs like VCE:CA.

July U.S. ETFs saw gains in both flows and AUM as well as another elevated round of launches. In the tidal wave of funds coming to market, a few ETF strategies stand out for their innovation or for notable opportunities they provide.

XDIV seeks to replicate the total return of the S&P 500® Index while eliminating distributions. NEW YORK , July 10, 2025 /PRNewswire/ -- Roundhill Investments, an ETF sponsor focused on innovative financial products, is pleased to announce the launch of the Roundhill S&P 500® No Dividend Target ETF (XDIV), which begins trading on the Cboe today.