Can you turn off dividend reinvestment for some ETFs/stocks but keep it on for others?

Trade (DIY Investing)

Hey everyone,

Quick question for those using Wealthsimple: is there currently a way to selectively turn off dividend reinvestment (DRIP) for certain ETFs or stocks, while keeping it enabled for others?

For example, I’d love to reinvest dividends automatically on long-term holdings, but keep dividends in cash for positions where I want flexibility (like timing future buys, rebalancing, or just having dry powder ready).

I think this would be a really useful feature if it doesn’t already exist.

Note: zero interest in paid accounts asking why I need this, claiming Wealthsimple is perfect as is. Save yourself the time and trouble.

Posted Oct 3, 2025, 5:11 PM UTC

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