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Compare CIBC Qx Canadian Low Volatility Dividend ETF (CQLC) vs iShares Canadian Fundamental Index ETF (CRQ) to find the best fit for your portfolio. CQLC provides Finance, Energy, and Utilities exposures, while CRQ is primarily weighted in Finance, Energy, and Non-Energy Materials. When evaluating costs, CQLC features a management fee (MER) of 0.3%, compared to 0.65% for CRQ. Performance-wise, CQLC has returned 21.33% year-to-date with -$4 M in net flows, whereas CRQ is at 21.95% with +$10 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
CQLC
CRQ
| AuM | $749.86 M | $150.85 M |
| Management Fees | 0.30% | 0.65% |
| Exp. ratio | 0.34% | 0.72% |
| Tracking Difference | - | -1.15% |
Historical performance and flows
As of August 4, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CQLC | +1.37% | +10.45% | +21.33% | +33.40% | +83.19% |
CRQ | +2.62% | +9.55% | +21.95% | +44.14% | +105.15% | |
| Flows | CQLC | +$5 M | -$7 M | -$4 M | -$16 M | +$534 M |
CRQ | +$0 M | -$0 M | +$10 M | +$7 M | -$4 M |
CQLC vs CRQ exposure
Countries
CQLC
Canada
99.88%
CRQ
Canada
97.91%
Sectors
CQLC
Finance
49.89%
Energy
16.10%
Utilities
14.20%
Consumer Non-Cyclicals
10.00%
Telecommunications
7.25%
CRQ
Finance
49.82%
Energy
21.54%
Non-Energy Materials
8.65%
Other
19.99%
As of August 4, 2026
Top 10 Holdings
CQLC
Power Corp of Canada
5.13%
Great-West Lifeco, Inc.
4.74%
Royal Bank of Canada
4.68%
Quebecor, Inc.
4.49%
The Toronto-Dominion Bank
3.62%
Canadian Imperial Bank of Commerce
3.50%
Fortis, Inc.
3.43%
Emera, Inc.
3.39%
National Bank of Canada
3.30%
Hydro One Ltd.
3.28%
CRQ
Royal Bank of Canada
9.12%
The Toronto-Dominion Bank
8.55%
The Bank of Nova Scotia
5.93%
Enbridge, Inc.
5.59%
Bank of Montreal
5.08%
Canadian Imperial Bank of Commerce
3.90%
Canadian Natural Resources Ltd.
3.37%
Manulife Financial Corp.
3.28%
Suncor Energy, Inc.
3.28%
Brookfield Corp.
2.98%
Diversification
CQLC
Total weight of top 10 holdings out of 40 total
39.57%
CRQ
Total weight of top 10 holdings out of 101 total
51.08%
Characteristics
Compare
CQLC
CRQ
| Provider | CIBC | iShares |
| Management | Actively managed | Passively managed |
| Benchmark | - | FTSE RAFI Canada Total Return Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.48% | 1.77% |
| Meets ESG criteria | No | No |
| Inception Date | November 16, 2021 | February 22, 2006 |
Frequently asked questions about CQLC and CRQ
Which ETF has performed better year to date: CQLC or CRQ?
As of August 4, 2026, CQLC has returned 21.33% year to date, while CRQ has returned 21.95%. CRQ is ahead on YTD performance.
Which ETF is larger by assets under management: CQLC or CRQ?
As of August 4, 2026, CQLC manages $749.86 M in assets, while CRQ manages $150.85 M. CQLC is the larger fund by AUM.
How are CQLC and CRQ managed?
CQLC is actively managed by CIBC. It does not track an index. CRQ is passively managed by iShares. It tracks the FTSE RAFI Canada Total Return Index - CAD benchmark.
What sectors do CQLC and CRQ emphasize?
CQLC is most exposed to Finance, Energy, and Utilities. CRQ is most exposed to Finance, Energy, and Non-Energy Materials.
Which ETF is attracting more investor flows: CQLC or CRQ?
Year to date, CQLC has seen -$4.32 M in net flows, compared with +$10.17 M for CRQ. CRQ has attracted more net investor money so far.
How do the fees of CQLC and CRQ compare?
CQLC has an expense ratio of 0.34%, while CRQ has an expense ratio of 0.72%.
What are the top holdings of CQLC and CRQ?
CQLC's largest holdings include Power Corp of Canada, Great-West Lifeco, Inc., and Royal Bank of Canada. CRQ's top holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and The Bank of Nova Scotia.
Which ETF is more diversified: CQLC or CRQ?
CQLC holds 40 securities, while CRQ holds 100. On holdings count, CRQ is the more diversified portfolio.
Recent articles about CQLC and CRQ
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