VS
Compare CIBC Qx Canadian Low Volatility Dividend ETF (CQLC) vs BMO Canadian Dividend ETF (ZDV) to find the best fit for your portfolio. CQLC provides Finance, Energy, and Utilities exposures, while ZDV is primarily weighted in Finance, Energy, and Non-Energy Materials. When evaluating costs, CQLC features a management fee (MER) of 0.3%, compared to 0.35% for ZDV. Performance-wise, CQLC has returned 20.85% year-to-date with +$13 M in net flows, whereas ZDV is at 24.42% with +$183 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
ZDV
| AuM | $759.21 M | $1,917.32 M |
| Management Fees | 0.30% | 0.35% |
| Exp. ratio | 0.34% | 0.39% |
| Tracking Difference | - | - |
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% |
ZDV | +2.49% | +0.45% | +24.42% | +32.44% | +109.60% | |
| Flows | CQLC | +$1 M | +$16 M | +$13 M | +$2 M | +$552 M |
ZDV | -$3 M | +$3 M | +$183 M | +$215 M | +$191 M |
CQLC vs ZDV exposure
Countries
CQLC
Canada
99.59%
ZDV
Canada
95.53%
Sectors
CQLC
Finance
50.62%
Energy
15.74%
Utilities
13.70%
Consumer Non-Cyclicals
10.30%
Other
9.63%
ZDV
Finance
42.61%
Energy
20.85%
Non-Energy Materials
13.77%
Industrials
7.28%
Other
15.49%
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%
ZDV
Royal Bank of Canada
8.73%
The Toronto-Dominion Bank
7.17%
The Bank of Nova Scotia
5.31%
Canadian Imperial Bank of Commerce
4.54%
Canadian Natural Resources Ltd.
4.43%
Enbridge, Inc.
4.09%
Bank of Montreal
3.16%
Barrick Mining Corp.
2.66%
Agnico Eagle Mines Ltd.
2.64%
Suncor Energy, Inc.
2.27%
Diversification
CQLC
Total weight of top 10 holdings out of 40 total
39.77%
ZDV
Total weight of top 10 holdings out of 61 total
45.02%
Characteristics
Frequently asked questions about CQLC and ZDV
Which ETF has performed better year to date: CQLC or ZDV?
As of October 30, 2026, CQLC has returned 20.85% year to date, while ZDV has returned 24.42%. ZDV is ahead on YTD performance.
Which ETF is larger by assets under management: CQLC or ZDV?
As of October 30, 2026, CQLC manages $759.21 M in assets, while ZDV manages $1.92 B. ZDV is the larger fund by AUM.
How are CQLC and ZDV managed?
CQLC is actively managed by CIBC. It does not track an index. ZDV is actively managed by BMO. It does not track an index.
What sectors do CQLC and ZDV emphasize?
CQLC is most exposed to Finance, Energy, and Utilities. ZDV is most exposed to Finance, Energy, and Non-Energy Materials.
Which ETF is attracting more investor flows: CQLC or ZDV?
Year to date, CQLC has seen +$13.32 M in net flows, compared with +$182.64 M for ZDV. ZDV has attracted more net investor money so far.
How do the fees of CQLC and ZDV compare?
CQLC has an expense ratio of 0.34%, while ZDV has an expense ratio of 0.39%.
What are the top holdings of CQLC and ZDV?
CQLC's largest holdings include Power Corp of Canada, Great-West Lifeco, Inc., and Royal Bank of Canada. ZDV'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 ZDV?
CQLC holds 40 securities, while ZDV holds 61. On holdings count, ZDV is the more diversified portfolio.
Recent articles about CQLC and ZDV
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All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.