VS
CIBC Qx U.S. Low Volatility Dividend ETF (CQLU) and BMO Low Volatility US Equity ETF (ZLH) 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 ZLH leans towards Healthcare, Utilities, and Finance. When evaluating costs, CQLU features a management fee (MER) of 0.3%, compared to 0.3% for ZLH. Performance-wise, CQLU has returned 8.75% year-to-date with +$219 M in net flows, whereas ZLH is at 11.22% with +$16 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
CQLU
ZLH
| AuM | $1,177.89 M | $111.93 M |
| Management Fees | 0.30% | 0.30% |
| Exp. ratio | 0.34% | 0.33% |
| Tracking Difference | - | - |
Historical performance and flows
As of October 28, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CQLU | +3.97% | -4.08% | +8.75% | +7.12% | +42.02% |
ZLH | +5.87% | -0.91% | +11.22% | +11.72% | +45.44% | |
| Flows | CQLU | +$4 M | +$42 M | +$219 M | +$218 M | +$1,175 M |
ZLH | +$6 M | +$6 M | +$16 M | +$27 M | -$2 M |
CQLU vs ZLH exposure
Countries
CQLU
USA
95.80%
ZLH
USA
96.83%
Sectors
CQLU
Finance
31.76%
Utilities
17.44%
Consumer Non-Cyclicals
14.65%
Industrials
10.44%
Healthcare
7.91%
Other
17.79%
ZLH
Healthcare
18.85%
Utilities
18.29%
Finance
15.88%
Technology
12.68%
Consumer Non-Cyclicals
12.60%
Industrials
7.42%
Other
14.28%
As of October 28, 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%
ZLH
Johnson & Johnson
3.03%
Cencora, Inc.
2.85%
Teledyne Technologies, Inc.
2.53%
Corning, Inc.
2.39%
Cboe Global Markets, Inc.
2.31%
Cisco Systems, Inc.
2.26%
Motorola Solutions, Inc.
2.18%
Gen Digital, Inc.
2.10%
CME Group, Inc.
2.03%
Northrop Grumman Corp.
2.02%
Diversification
CQLU
Total weight of top 10 holdings out of 75 total
19.88%
ZLH
Total weight of top 10 holdings out of 100 total
23.71%
Characteristics
Frequently asked questions about CQLU and ZLH
Which ETF has performed better year to date: CQLU or ZLH?
As of October 28, 2026, CQLU has returned 8.75% year to date, while ZLH has returned 11.22%. ZLH is ahead on YTD performance.
Which ETF is larger by assets under management: CQLU or ZLH?
As of October 28, 2026, CQLU manages $1.18 B in assets, while ZLH manages $111.93 M. CQLU is the larger fund by AUM.
How are CQLU and ZLH managed?
CQLU is actively managed by CIBC. It does not track an index. ZLH is actively managed by BMO. It does not track an index.
What sectors do CQLU and ZLH emphasize?
CQLU is most exposed to Finance, Utilities, and Consumer Non-Cyclicals. ZLH is most exposed to Healthcare, Utilities, and Finance.
Which ETF is attracting more investor flows: CQLU or ZLH?
Year to date, CQLU has seen +$218.84 M in net flows, compared with +$15.63 M for ZLH. CQLU has attracted more net investor money so far.
How do the fees of CQLU and ZLH compare?
CQLU has an expense ratio of 0.34%, while ZLH has an expense ratio of 0.33%.
What are the top holdings of CQLU and ZLH?
CQLU's largest holdings include Altria Group, Inc., The Southern Co., and Verizon Communications, Inc.. ZLH's top holdings include Johnson & Johnson, Cencora, Inc., and Teledyne Technologies, Inc..
Which ETF is more diversified: CQLU or ZLH?
CQLU holds 75 securities, while ZLH holds 100. On holdings count, ZLH is the more diversified portfolio.
Recent articles about CQLU and ZLH
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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.




