CMVP
HAMILTON CHAMPIONS Canadian Dividend Index ETF

Full CMVP fund page
VS
XMV
iShares Edge MSCI Min Vol Canada Index ETF

Full XMV fund page

Compare HAMILTON CHAMPIONS Canadian Dividend Index ETF (CMVP) vs iShares Edge MSCI Min Vol Canada Index ETF (XMV) to find the best fit for your portfolio. CMVP provides Finance, Non-Energy Materials, and Energy exposures, while XMV is primarily weighted in Finance, Energy, and Consumer Non-Cyclicals. When evaluating costs, CMVP features a management fee (MER) of 0.19%, compared to 0.3% for XMV. Performance-wise, CMVP has returned 22.44% year-to-date with +$359 M in net flows, whereas XMV is at 17.45% with -$25 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.

NAV Performance and Flows

0.01.02.03.04.05.0%Oct 13Oct 20Oct 27Nov 3Nov 10

Key Data

Historical performance and flows

As of November 11, 2026
1M3MYTD1Y3Y
Perf.
CMVP
+5.29%+3.73%+22.44%+27.21%-
XMV
+5.07%+3.40%+17.45%+22.06%+80.66%
Flows
CMVP
+$42 M+$135 M+$359 M+$401 M-
XMV
+$3 M-$6 M-$25 M-$25 M+$73 M

CMVP vs XMV exposure

Countries

CMVP
Canada
92.63%
USA
7.37%
XMV
Canada
94.97%

Sectors

CMVP
Finance
35.58%
Non-Energy Materials
18.58%
Energy
8.28%
Consumer Non-Cyclicals
8.05%
Industrials
7.87%
Other
21.63%
XMV
Finance
36.46%
Energy
15.99%
Consumer Non-Cyclicals
9.46%
Non-Energy Materials
8.93%
Industrials
7.67%
Other
21.49%
As of November 11, 2026

Top 10 Holdings

CMVP
Wheaton Precious Metals Corp.
4.80%
Agnico Eagle Mines Ltd.
4.77%
Canadian Natural Resources Ltd.
4.71%
Franco-Nevada Corp.
4.63%
Nutrien Ltd.
4.38%
The Bank of Nova Scotia
4.34%
Manulife Financial Corp.
4.30%
Sun Life Financial, Inc.
4.08%
Loblaw Cos. Ltd.
4.05%
The Toronto-Dominion Bank
4.02%
XMV
The Bank of Nova Scotia
3.32%
The Toronto-Dominion Bank
3.18%
Bank of Montreal
3.05%
Royal Bank of Canada
3.03%
Fortis, Inc.
3.00%
Canadian Imperial Bank of Commerce
2.99%
Great-West Lifeco, Inc.
2.98%
Canadian National Railway Co.
2.98%
Suncor Energy, Inc.
2.97%
Enbridge, Inc.
2.96%

Diversification

CMVP
Total weight of top 10 holdings out of 25 total
44.09%
XMV
Total weight of top 10 holdings out of 69 total
30.45%

Characteristics

Compare
CMVP
XMV
ProviderHamilton ETFsiShares
ManagementPassively managedPassively managed
BenchmarkSolactive Canada Dividend Elite Champions Index - CADMSCI Canada Minimum Volatility Total Return Index - CAD
Replication MethodDirect (Physical)Direct (Physical)
Asset ClassEquityEquity
Dividend PolicyDistributingDistributing
Trailing 12m distribution yield2.56%2.00%
Meets ESG criteriaNoNo
Inception DateJanuary 27, 2025July 24, 2012

Frequently asked questions about CMVP and XMV

Which ETF has performed better year to date: CMVP or XMV?
As of November 11, 2026, CMVP has returned 22.44% year to date, while XMV has returned 17.45%. CMVP is ahead on YTD performance.
Which ETF is larger by assets under management: CMVP or XMV?
As of November 11, 2026, CMVP manages $698.23 M in assets, while XMV manages $402.02 M. CMVP is the larger fund by AUM.
How are CMVP and XMV managed?
CMVP is passively managed by Hamilton ETFs. It tracks the Solactive Canada Dividend Elite Champions Index - CAD benchmark. XMV is passively managed by iShares. It tracks the MSCI Canada Minimum Volatility Total Return Index - CAD benchmark.
What sectors do CMVP and XMV emphasize?
CMVP is most exposed to Finance, Non-Energy Materials, and Energy. XMV is most exposed to Finance, Energy, and Consumer Non-Cyclicals.
Which ETF is attracting more investor flows: CMVP or XMV?
Year to date, CMVP has seen +$359.13 M in net flows, compared with -$25.02 M for XMV. CMVP has attracted more net investor money so far.
How do the fees of CMVP and XMV compare?
CMVP has an expense ratio of 0.04%, while XMV has an expense ratio of 0.34%.
What are the top holdings of CMVP and XMV?
CMVP's largest holdings include Wheaton Precious Metals Corp., Agnico Eagle Mines Ltd., and Canadian Natural Resources Ltd.. XMV's top holdings include The Bank of Nova Scotia, The Toronto-Dominion Bank, and Bank of Montreal.
Which ETF is more diversified: CMVP or XMV?
CMVP holds 25 securities, while XMV holds 69. On holdings count, XMV is the more diversified portfolio.
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