VS
iShares US Dividend Growers Index ETF (CUD) and CIBC Qx U.S. Low Volatility Dividend ETF (CQLU) offer distinct profiles for Canadian ETF investors. A direct comparison shows that CUD focuses its top 3 sector exposures on Finance, Consumer Non-Cyclicals, and Industrials, while CQLU leans towards Finance, Utilities, and Consumer Non-Cyclicals. When evaluating costs, CUD features a management fee (MER) of 0.6%, compared to 0.3% for CQLU. Performance-wise, CUD has returned 9.42% year-to-date with -$25 M in net flows, whereas CQLU is at 5.01% with +$204 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
CUD
CQLU
| AuM | $233.75 M | $1,124.48 M |
| Management Fees | 0.60% | 0.30% |
| Exp. ratio | 0.66% | 0.34% |
| Tracking Difference | -1.20% | - |
Historical performance and flows
As of September 10, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CUD | -3.30% | +1.14% | +9.42% | +8.14% | +28.07% |
CQLU | -3.40% | -0.67% | +5.01% | +2.49% | +34.34% | |
| Flows | CUD | -$5 M | -$9 M | -$25 M | -$36 M | -$167 M |
CQLU | +$31 M | +$43 M | +$204 M | +$205 M | +$1,161 M |
CUD vs CQLU exposure
Countries
CUD
USA
93.14%
CQLU
USA
95.80%
Sectors
CUD
Finance
17.15%
Consumer Non-Cyclicals
14.91%
Industrials
13.89%
Utilities
13.75%
Technology
7.99%
Non-Energy Materials
7.91%
Other
24.40%
CQLU
Finance
31.75%
Utilities
18.01%
Consumer Non-Cyclicals
15.25%
Industrials
10.68%
Healthcare
7.23%
Other
17.07%
As of September 10, 2026
Top 10 Holdings
CUD
Verizon Communications, Inc.
2.27%
Realty Income Corp.
2.16%
Automatic Data Processing, Inc.
1.76%
Kenvue, Inc.
1.72%
Kimberly-Clark Corp.
1.70%
Target Corp.
1.66%
AbbVie, Inc.
1.61%
Edison International
1.48%
Chevron Corp.
1.44%
Texas Instruments Incorporated
1.41%
CQLU
Johnson & Johnson
2.41%
The Coca-Cola Co.
2.37%
The Southern Co.
2.27%
Altria Group, Inc.
2.26%
Federal Realty Investment Trust
2.10%
American Electric Power Co., Inc.
2.07%
The Travelers Cos., Inc.
2.01%
Verizon Communications, Inc.
1.97%
Duke Energy Corp.
1.90%
Atmos Energy Corp.
1.90%
Diversification
CUD
Total weight of top 10 holdings out of 155 total
17.20%
CQLU
Total weight of top 10 holdings out of 75 total
21.26%
Characteristics
Compare
CUD
CQLU
| Provider | iShares | CIBC |
| Management | Passively managed | Actively managed |
| Benchmark | S&P High Yield Dividend Aristocrats CAD Hedged Total Return Index - CAD | - |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.88% | 1.83% |
| Meets ESG criteria | No | No |
| Inception Date | September 13, 2011 | November 16, 2021 |
Frequently asked questions about CUD and CQLU
Which ETF has performed better year to date: CUD or CQLU?
As of September 10, 2026, CUD has returned 9.42% year to date, while CQLU has returned 5.01%. CUD is ahead on YTD performance.
Which ETF is larger by assets under management: CUD or CQLU?
As of September 10, 2026, CUD manages $233.75 M in assets, while CQLU manages $1.12 B. CQLU is the larger fund by AUM.
How are CUD and CQLU managed?
CUD is passively managed by iShares. It tracks the S&P High Yield Dividend Aristocrats CAD Hedged Total Return Index - CAD benchmark. CQLU is actively managed by CIBC. It does not track an index.
What sectors do CUD and CQLU emphasize?
CUD is most exposed to Finance, Consumer Non-Cyclicals, and Industrials. CQLU is most exposed to Finance, Utilities, and Consumer Non-Cyclicals.
Which ETF is attracting more investor flows: CUD or CQLU?
Year to date, CUD has seen -$24.79 M in net flows, compared with +$204.37 M for CQLU. CQLU has attracted more net investor money so far.
How do the fees of CUD and CQLU compare?
CUD has an expense ratio of 0.66%, while CQLU has an expense ratio of 0.34%.
What are the top holdings of CUD and CQLU?
CUD's largest holdings include Verizon Communications, Inc., Realty Income Corp., and Automatic Data Processing, Inc.. CQLU's top holdings include Johnson & Johnson, The Coca-Cola Co., and The Southern Co..
Which ETF is more diversified: CUD or CQLU?
CUD holds 155 securities, while CQLU holds 75. On holdings count, CUD is the more diversified portfolio.
Recent articles about CUD and CQLU
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.
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.

