VS
CI U.S. Minimum Downside Volatility Index ETF (CUDV) and Mackenzie US Value ETF (MAUV) offer distinct profiles for Canadian ETF investors. A direct comparison shows that CUDV focuses its top 3 sector exposures on Industrials, Consumer Staples, and Health Care, while MAUV leans towards Financials, Information Technology, and Industrials. When evaluating costs, CUDV features a management fee (MER) of 0.3%, compared to 0.8% for MAUV. 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
CUDV
MAUV
| AuM | $6.39 M | $5.31 M |
| Management Fees | 0.30% | 0.80% |
| Exp. ratio | 0.34% | 0.80% |
| Tracking Difference | 0.08% | - |
Historical performance and flows
As of June 10, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CUDV | +0.99% | -6.78% | -0.95% | +3.90% | +34.29% |
MAUV | +2.80% | +10.70% | - | - | - | |
| Flows | CUDV | +$0 M | +$0 M | +$0 M | +$0 M | -$2 M |
MAUV | +$0 M | +$0 M | - | - | - |
CUDV vs MAUV exposure
Countries
CUDV
USA
94.88%
MAUV
USA
85.95%
Other
8.81%
Sectors
CUDV
Industrials
20.97%
Consumer Staples
13.32%
Health Care
13.24%
Communication Services
12.68%
Information Technology
11.76%
Financials
10.20%
Other
17.83%
MAUV
Financials
16.58%
Information Technology
12.24%
Other
12.15%
Industrials
11.42%
Consumer Discretionary
9.25%
Health Care
7.50%
Other
30.86%
As of June 10, 2026
Top 10 Holdings
CUDV
JOHNSON&JOHNSON
5.88%
WASTE MANAGEMENT
5.13%
L3 HARRIS TECHNOLOGIES
5.07%
RAYTHEON TECHNOLOGIES CORPORD
5.07%
ELECTRONIC ARTS
4.91%
LOCKHEED MARTIN
4.89%
AMERISOURCEBERGEN
4.81%
WALMART INC
4.69%
VERIZON COMMUNICATIONS
4.50%
BERKSHIRE HATHWAY
4.03%
MAUV
CITIGROUP
4.45%
CISCO-T
4.20%
PROLOGIS REIT
3.72%
ALPHABET INC-CL
3.70%
EXXON
3.55%
SEAGATE TECHNOLOGY HOLDINGS PLC
3.20%
MICROSOFT-T
2.69%
HILTON INC
2.69%
AMAZON.COM INC
2.67%
FREEPORT-MCMORAN INC
2.65%
Diversification
CUDV
Total weight of top 10 holdings out of 125 total
48.97%
MAUV
Total weight of top 10 holdings out of 42 total
33.53%
Characteristics
Compare
CUDV
MAUV
| Provider | CI | Mackenzie Investments |
| Management | Passively managed | Actively managed |
| Benchmark | Solactive US Minimum Downside Volatility Hedged to CAD Index NTR - CAD | - |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.34% | - |
| Meets ESG criteria | No | No |
| Inception Date | January 19, 2023 | February 17, 2026 |
Frequently asked questions about CUDV and MAUV
Which ETF is larger by assets under management: CUDV or MAUV?
As of June 10, 2026, CUDV manages $6.39 M in assets, while MAUV manages $5.31 M. CUDV is the larger fund by AUM.
How are CUDV and MAUV managed?
CUDV is passively managed by CI. It tracks the Solactive US Minimum Downside Volatility Hedged to CAD Index NTR - CAD benchmark. MAUV is actively managed by Mackenzie Investments. It does not track an index.
What sectors do CUDV and MAUV emphasize?
CUDV is most exposed to Industrials, Consumer Staples, and Health Care. MAUV is most exposed to Financials, Information Technology, and Industrials.
How do the fees of CUDV and MAUV compare?
CUDV has an expense ratio of 0.34%, while MAUV has an expense ratio of 0.80%.
What are the top holdings of CUDV and MAUV?
CUDV's largest holdings include JOHNSON&JOHNSON, WASTE MANAGEMENT, and L3 HARRIS TECHNOLOGIES. MAUV's top holdings include CITIGROUP, CISCO-T, and PROLOGIS REIT.
Which ETF is more diversified: CUDV or MAUV?
CUDV holds 119 securities, while MAUV holds 41. On holdings count, CUDV is the more diversified portfolio.
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