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Compare CIBC Qx Canadian Low Volatility Dividend ETF (CQLC) vs Franklin Canadian Low Volatility High Dividend Index ETF (FLVC) to find the best fit for your portfolio. CQLC and FLVC provide the same top sector exposures: Finance, Energy, and Utilities. When evaluating costs, CQLC features a management fee (MER) of 0.3%, compared to 0.15% for FLVC. Performance-wise, CQLC has returned 20.85% year-to-date with +$13 M in net flows, whereas FLVC is at 22.89% with +$0 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
FLVC
| AuM | $759.21 M | $29.68 M |
| Management Fees | 0.30% | 0.15% |
| Exp. ratio | 0.34% | 0.16% |
| Tracking Difference | - | 3.18% |
Historical performance and flows
As of October 30, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CQLC | +5.52% | -1.13% | +20.85% | +27.84% | +96.02% |
FLVC | +5.05% | +1.34% | +22.89% | +30.94% | - | |
| Flows | CQLC | +$1 M | +$16 M | +$13 M | +$2 M | +$552 M |
FLVC | +$0 M | -$28 M | +$0 M | +$0 M | - |
CQLC vs FLVC exposure
Countries
CQLC
Canada
99.59%
FLVC
Canada
100.00%
Sectors
CQLC
Finance
50.62%
Energy
15.74%
Utilities
13.70%
Consumer Non-Cyclicals
10.30%
Other
9.63%
FLVC
Finance
40.69%
Energy
10.79%
Utilities
9.84%
Consumer Non-Cyclicals
8.83%
Industrials
8.30%
Telecommunications
7.40%
Other
14.15%
As of October 30, 2026
Top 10 Holdings
CQLC
Power Corp of Canada
5.47%
Great-West Lifeco, Inc.
4.94%
Royal Bank of Canada
4.68%
Quebecor, Inc.
4.24%
The Toronto-Dominion Bank
3.68%
The Bank of Nova Scotia
3.58%
Canadian Imperial Bank of Commerce
3.51%
Fortis, Inc.
3.33%
Emera, Inc.
3.21%
National Bank of Canada
3.14%
FLVC
The Bank of Nova Scotia
5.85%
Manulife Financial Corp.
5.39%
Bank of Montreal
5.37%
Royal Bank of Canada
5.36%
Canadian National Railway Co.
5.18%
Power Corp of Canada
5.12%
BCE, Inc.
4.96%
National Bank of Canada
4.73%
Suncor Energy, Inc.
4.66%
Sun Life Financial, Inc.
4.10%
Diversification
CQLC
Total weight of top 10 holdings out of 40 total
39.77%
FLVC
Total weight of top 10 holdings out of 44 total
50.72%
Characteristics
Compare
CQLC
FLVC
| Provider | CIBC | Franklin Templeton |
| Management | Actively managed | Passively managed |
| Benchmark | - | Franklin Canadian Low Volatility High Dividend Index NTR - CAD |
| Replication Method | - | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.83% | 4.81% |
| Meets ESG criteria | No | No |
| Inception Date | November 16, 2021 | March 28, 2024 |
Frequently asked questions about CQLC and FLVC
Which ETF has performed better year to date: CQLC or FLVC?
As of October 30, 2026, CQLC has returned 20.85% year to date, while FLVC has returned 22.89%. FLVC is ahead on YTD performance.
Which ETF is larger by assets under management: CQLC or FLVC?
As of October 30, 2026, CQLC manages $759.21 M in assets, while FLVC manages $29.68 M. CQLC is the larger fund by AUM.
How are CQLC and FLVC managed?
CQLC is actively managed by CIBC. It does not track an index. FLVC is passively managed by Franklin Templeton. It tracks the Franklin Canadian Low Volatility High Dividend Index NTR - CAD benchmark.
What sectors do CQLC and FLVC emphasize?
CQLC is most exposed to Finance, Energy, and Utilities. FLVC is most exposed to Finance, Energy, and Utilities.
Which ETF is attracting more investor flows: CQLC or FLVC?
Year to date, CQLC has seen +$13.32 M in net flows, compared with +$0.01 M for FLVC. CQLC has attracted more net investor money so far.
How do the fees of CQLC and FLVC compare?
CQLC has an expense ratio of 0.34%, while FLVC has an expense ratio of 0.16%.
What are the top holdings of CQLC and FLVC?
CQLC's largest holdings include Power Corp of Canada, Great-West Lifeco, Inc., and Royal Bank of Canada. FLVC's top holdings include The Bank of Nova Scotia, Manulife Financial Corp., and Bank of Montreal.
Which ETF is more diversified: CQLC or FLVC?
CQLC holds 40 securities, while FLVC holds 44. On holdings count, FLVC is the more diversified portfolio.
Recent articles about CQLC and FLVC
Looking for higher income and lower volatility? These Franklin Templeton ETFs may help
Franklin Templeton’s Low-Volatility High Dividend ETFs provide Canadian investors exposure to high dividend stocks with lower volatility, suited for economic cycles' ups and downs.
Posted on 10/10/2024 by Kyle Anthony inStock Market
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