VS
iShares US Dividend Growers Index ETF (CUD) and CI Invesco S&P 500 Low Volatility Index ETF (ULV.F) 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 ULV.F 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 ULV.F. Performance-wise, CUD has returned 9.42% year-to-date with -$25 M in net flows, whereas ULV.F is at 4.34% with -$1 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
ULV.F
| AuM | $233.75 M | $81.45 M |
| Management Fees | 0.60% | 0.30% |
| Exp. ratio | 0.66% | 0.31% |
| Tracking Difference | -1.20% | 1.90% |
Historical performance and flows
As of September 8, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CUD | -3.30% | +1.14% | +9.42% | +8.14% | +28.07% |
ULV.F | -1.59% | +2.94% | +4.34% | +1.91% | +22.86% | |
| Flows | CUD | -$5 M | -$9 M | -$25 M | -$36 M | -$167 M |
ULV.F | +$0 M | -$1 M | -$1 M | -$5 M | -$40 M |
CUD vs ULV.F exposure
Countries
CUD
USA
93.14%
ULV.F
USA
95.56%
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%
ULV.F
Finance
39.99%
Utilities
23.90%
Consumer Non-Cyclicals
10.38%
Industrials
7.86%
Other
17.86%
As of September 8, 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%
ULV.F
Loews Corp.
1.39%
FirstEnergy Corp.
1.32%
Berkshire Hathaway, Inc.
1.28%
Johnson & Johnson
1.27%
The Travelers Cos., Inc.
1.26%
The Coca-Cola Co.
1.24%
Cintas Corp.
1.24%
Duke Energy Corp.
1.23%
Realty Income Corp.
1.19%
Ameren Corp.
1.18%
Diversification
CUD
Total weight of top 10 holdings out of 155 total
17.20%
ULV.F
Total weight of top 10 holdings out of 100 total
12.62%
Characteristics
Compare
CUD
ULV.F
| Provider | iShares | CI |
| Management | Passively managed | Passively managed |
| Benchmark | S&P High Yield Dividend Aristocrats CAD Hedged Total Return Index - CAD | S&P 500 Low Volatility (CAD Hedged) Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.88% | 1.69% |
| Meets ESG criteria | No | No |
| Inception Date | September 13, 2011 | January 24, 2012 |
Frequently asked questions about CUD and ULV.F
Which ETF has performed better year to date: CUD or ULV.F?
As of September 8, 2026, CUD has returned 9.42% year to date, while ULV.F has returned 4.34%. CUD is ahead on YTD performance.
Which ETF is larger by assets under management: CUD or ULV.F?
As of September 8, 2026, CUD manages $233.75 M in assets, while ULV.F manages $81.45 M. CUD is the larger fund by AUM.
How are CUD and ULV.F managed?
CUD is passively managed by iShares. It tracks the S&P High Yield Dividend Aristocrats CAD Hedged Total Return Index - CAD benchmark. ULV.F is passively managed by CI. It tracks the S&P 500 Low Volatility (CAD Hedged) Index - CAD benchmark.
What sectors do CUD and ULV.F emphasize?
CUD is most exposed to Finance, Consumer Non-Cyclicals, and Industrials. ULV.F is most exposed to Finance, Utilities, and Consumer Non-Cyclicals.
Which ETF is attracting more investor flows: CUD or ULV.F?
Year to date, CUD has seen -$24.79 M in net flows, compared with -$1.03 M for ULV.F. ULV.F has attracted more net investor money so far.
How do the fees of CUD and ULV.F compare?
CUD has an expense ratio of 0.66%, while ULV.F has an expense ratio of 0.31%.
What are the top holdings of CUD and ULV.F?
CUD's largest holdings include Verizon Communications, Inc., Realty Income Corp., and Automatic Data Processing, Inc.. ULV.F's top holdings include Loews Corp., FirstEnergy Corp., and Berkshire Hathaway, Inc..
Which ETF is more diversified: CUD or ULV.F?
CUD holds 155 securities, while ULV.F holds 100. On holdings count, CUD is the more diversified portfolio.
Recent articles about CUD and ULV.F
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