VS
CIBC Qx U.S. Low Volatility Dividend ETF (CQLU) and CI Invesco S&P 500 Low Volatility Index ETF (ULV.U) offer distinct profiles for Canadian ETF investors. A direct comparison shows that CQLU focuses its top 3 sector exposures on Finance, Utilities, and Consumer Non-Cyclicals, while ULV.U leans towards Finance, Utilities, and Industrials. When evaluating costs, CQLU features a management fee (MER) of 0.3%, compared to 0.3% for ULV.U. 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
CQLU
ULV.U
| AuM | $1,190.73 M | $0.00 M |
| Management Fees | 0.30% | 0.30% |
| Exp. ratio | 0.34% | 0.31% |
| Tracking Difference | - | -0.40% |
Historical performance and flows
As of October 27, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CQLU | +5.01% | -2.03% | +9.84% | +6.38% | +44.10% |
ULV.U | - | - | - | - | - | |
| Flows | CQLU | +$5 M | +$43 M | +$220 M | +$219 M | +$1,176 M |
ULV.U | +$0 M | +$0 M | +$0 M | +$0 M | +$0 M |
CQLU vs ULV.U exposure
Countries
CQLU
USA
95.80%
ULV.U
USA
95.83%
Sectors
CQLU
Finance
31.76%
Utilities
17.44%
Consumer Non-Cyclicals
14.65%
Industrials
10.44%
Healthcare
7.91%
Other
17.79%
ULV.U
Finance
41.02%
Utilities
26.64%
Industrials
9.23%
Consumer Non-Cyclicals
7.63%
Other
15.47%
As of October 27, 2026
Top 10 Holdings
CQLU
Altria Group, Inc.
2.29%
The Southern Co.
2.14%
Verizon Communications, Inc.
2.12%
American Electric Power Co., Inc.
2.01%
Federal Realty Investment Trust
1.99%
Pfizer Inc.
1.95%
Kimco Realty Corp.
1.89%
Atmos Energy Corp.
1.85%
Duke Energy Corp.
1.84%
Consolidated Edison, Inc.
1.81%
ULV.U
US46138E3541
99.76%
Diversification
CQLU
Total weight of top 10 holdings out of 75 total
19.88%
ULV.U
Total weight of top 10 holdings out of 100 total
99.76%
Characteristics
Compare
CQLU
ULV.U
| Provider | CIBC | CI |
| Management | Actively managed | Passively managed |
| Benchmark | - | S&P 500 Low Volatility Total Return Index - USD |
| Replication Method | - | Other |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.74% | - |
| Meets ESG criteria | No | No |
| Inception Date | November 16, 2021 | January 31, 2017 |
Frequently asked questions about CQLU and ULV.U
Which ETF is attracting more investor flows: CQLU or ULV.U?
Year to date, CQLU has seen +$219.87 M in net flows, compared with +$0.00 M for ULV.U. CQLU has attracted more net investor money so far.
How do the fees of CQLU and ULV.U compare?
CQLU has an expense ratio of 0.34%, while ULV.U has an expense ratio of 0.31%.
What sectors do CQLU and ULV.U emphasize?
CQLU is most exposed to Finance, Utilities, and Consumer Non-Cyclicals. ULV.U is most exposed to Finance, Utilities, and Industrials.
Which ETF is larger by assets under management: CQLU or ULV.U?
As of October 27, 2026, CQLU manages $1.19 B in assets, while ULV.U manages $0.00 M. CQLU is the larger fund by AUM.
How are CQLU and ULV.U managed?
CQLU is actively managed by CIBC. It does not track an index. ULV.U is passively managed by CI. It tracks the S&P 500 Low Volatility Total Return Index - USD benchmark.
Which ETF is more diversified: CQLU or ULV.U?
CQLU holds 75 securities, while ULV.U holds 1. On holdings count, CQLU is the more diversified portfolio.
Recent articles about CQLU and ULV.U
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