More information about Invesco Canadian Dividend Index ETF (PDC) is in its prospectus. Before investing in an Exchange Traded Fund (ETF), it’s important to assess how it fits within your portfolio and aligns with your risk tolerance. ETF prices can also experience higher volatility during market openings and closings and there is always the possibility of losing money. It’s also worth noting that a narrower bid-ask spread generally indicates higher liquidity, meaning you’re more likely to execute trades at expected prices. Always consider these factors carefully when making investment decisions, as even ETFs considered low-risk can experience losses under certain market conditions.
PDC ETF Review
The ETF invests primarily in dividend-paying securities of Canadian companies to replicate the NASDAQ Select Canadian Dividend Index, which is comprised of companies that are listed on the Toronto Stock Exchange and have had stable or increasing annual regular dividend payments for the past five or more consecutive years.
Top 10 PDC Holdings
Total percentage of top 10 investments 61.00%
Ticker | Name | Weight |
---|---|---|
ENB | Enbridge Inc | 8.3561% |
BMO | Bank of Montreal | 8.2638% |
RY | Royal Bank of Canada | 8.0695% |
TD | Toronto-Dominion Bank/The | 7.8687% |
BNS | Bank of Nova Scotia/The | 7.4433% |
CNQ | Canadian Natural Resources Ltd | 4.4475% |
NA | National Bank of Canada | 4.2082% |
CM | Canadian Imperial Bank of Commerce | 4.0456% |
NTR | Nutrien Ltd | 4.0325% |
MFC | Manulife Financial Corp | 3.9832% |