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Roundhill S&P 500 No Dividend Target ETF
XDIV (Roundhill S&P 500 No Dividend Target ETF) is an index Canadian Dividend Equity ETF by Roundhill. With a 0.08% MER, it provides diversified exposure through 1 holdings.
XDIV by Roundhill is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
Its 0.08% MER makes it one of the most cost-effective options in its category. It does not pay a significant distribution — returns are reinvested for capital growth.
This ETF suits investors who prioritize regular dividend income. It is often held in a TFSA to receive distributions tax-free.