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Compare CIBC Qx Canadian Low Volatility Dividend ETF (CQLC) vs CI Canadian Dividend Index ETF (PDC) to find the best fit for your portfolio. CQLC and PDC provide the same top sector exposures: Finance, Energy, and Utilities. When evaluating costs, CQLC features a management fee (MER) of 0.3%, compared to 0.5% for PDC. Performance-wise, CQLC has returned 21.81% year-to-date with +$13 M in net flows, whereas PDC is at 23.98% with -$62 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
PDC
| AuM | $765.26 M | $1,030.51 M |
| Management Fees | 0.30% | 0.50% |
| Exp. ratio | 0.34% | 0.54% |
| Tracking Difference | - | -0.80% |
Historical performance and flows
As of November 6, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CQLC | +6.39% | +2.16% | +21.81% | +26.77% | +88.53% |
PDC | +2.09% | +0.06% | +23.98% | +28.51% | +96.84% | |
| Flows | CQLC | -$3 M | +$16 M | +$13 M | +$2 M | +$552 M |
PDC | -$5 M | -$22 M | -$62 M | -$66 M | -$214 M |
CQLC vs PDC exposure
Countries
CQLC
Canada
99.59%
PDC
Canada
91.25%
Other
8.75%
Sectors
CQLC
Finance
50.62%
Energy
15.74%
Utilities
13.70%
Consumer Non-Cyclicals
10.30%
Other
9.63%
PDC
Finance
47.77%
Energy
21.04%
Utilities
11.81%
Other
19.39%
As of November 6, 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%
PDC
The Bank of Nova Scotia
8.33%
Bank of Montreal
8.23%
Canadian Imperial Bank of Commerce
8.20%
The Toronto-Dominion Bank
8.15%
Enbridge, Inc.
7.70%
Manulife Financial Corp.
4.21%
Sun Life Financial, Inc.
4.16%
Fortis, Inc.
4.01%
Canadian Natural Resources Ltd.
3.97%
Nutrien Ltd.
3.94%
Diversification
CQLC
Total weight of top 10 holdings out of 40 total
39.77%
PDC
Total weight of top 10 holdings out of 43 total
60.91%
Characteristics
Compare
CQLC
PDC
| Provider | CIBC | CI |
| Management | Actively managed | Passively managed |
| Benchmark | - | NASDAQ Select Canadian Dividend Total Return Index - CAD |
| Replication Method | - | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.61% | 3.18% |
| Meets ESG criteria | No | No |
| Inception Date | November 16, 2021 | June 16, 2011 |
Frequently asked questions about CQLC and PDC
Which ETF has performed better year to date: CQLC or PDC?
As of November 6, 2026, CQLC has returned 21.81% year to date, while PDC has returned 23.98%. PDC is ahead on YTD performance.
Which ETF is larger by assets under management: CQLC or PDC?
As of November 6, 2026, CQLC manages $765.26 M in assets, while PDC manages $1.03 B. PDC is the larger fund by AUM.
How are CQLC and PDC managed?
CQLC is actively managed by CIBC. It does not track an index. PDC is passively managed by CI. It tracks the NASDAQ Select Canadian Dividend Total Return Index - CAD benchmark.
What sectors do CQLC and PDC emphasize?
CQLC is most exposed to Finance, Energy, and Utilities. PDC is most exposed to Finance, Energy, and Utilities.
Which ETF is attracting more investor flows: CQLC or PDC?
Year to date, CQLC has seen +$13.31 M in net flows, compared with -$62.33 M for PDC. CQLC has attracted more net investor money so far.
How do the fees of CQLC and PDC compare?
CQLC has an expense ratio of 0.34%, while PDC has an expense ratio of 0.54%.
What are the top holdings of CQLC and PDC?
CQLC's largest holdings include Power Corp of Canada, Great-West Lifeco, Inc., and Royal Bank of Canada. PDC's top holdings include The Bank of Nova Scotia, Bank of Montreal, and Canadian Imperial Bank of Commerce.
Which ETF is more diversified: CQLC or PDC?
CQLC holds 40 securities, while PDC holds 43. On holdings count, PDC is the more diversified portfolio.
Recent articles about CQLC and PDC
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