CQLU
CIBC Qx U.S. Low Volatility Dividend ETF

Full CQLU fund page
VS
ZLH
BMO Low Volatility US Equity ETF

Full ZLH fund page

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

0.02.04.06.08.0%Sep 28Oct 5Oct 13Oct 20Oct 27

Key Data

Historical performance and flows

As of October 28, 2026
1M3MYTD1Y3Y
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

Compare
CQLU
ZLH
ProviderCIBCBMO
ManagementActively managedActively managed
Benchmark--
Replication Method--
Asset ClassEquityEquity
Dividend PolicyDistributingDistributing
Trailing 12m distribution yield1.76%1.70%
Meets ESG criteriaNoNo
Inception DateNovember 16, 2021February 10, 2016

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

CboeTrackinsight
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.

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.
diamonds