VS
CI U.S. Minimum Downside Volatility Index ETF (CUDV) and BMO US Dividend ETF (ZDY.U) offer distinct profiles for Canadian ETF investors. A direct comparison shows that CUDV focuses its top 3 sector exposures on Technology, Industrials, and Healthcare, while ZDY.U leans towards Technology, Finance, and Healthcare. When evaluating costs, CUDV features a management fee (MER) of 0.3%, compared to 0.3% for ZDY.U. Performance-wise, CUDV has returned 6.56% year-to-date with -$0 M in net flows, whereas ZDY.U is at 12.86% with +$0 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
CUDV
ZDY.U
| AuM | $6.82 M | $62.74 M |
| Management Fees | 0.30% | 0.30% |
| Exp. ratio | 0.34% | 0.33% |
| Tracking Difference | 0.17% | - |
Historical performance and flows
As of November 5, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CUDV | +8.16% | +2.79% | +6.56% | +8.04% | +45.57% |
ZDY.U | -2.34% | -3.16% | +12.86% | +15.90% | +63.25% | |
| Flows | CUDV | +$0 M | -$1 M | -$0 M | -$0 M | -$3 M |
ZDY.U | +$0 M | +$3 M | +$0 M | +$0 M | -$11 M |
CUDV vs ZDY.U exposure
Countries
CUDV
USA
100.57%
ZDY.U
USA
97.90%
Sectors
CUDV
Technology
15.86%
Industrials
14.24%
Healthcare
13.85%
Consumer Non-Cyclicals
13.68%
Finance
13.23%
Business Services
9.61%
Other
19.52%
ZDY.U
Technology
34.98%
Finance
15.17%
Healthcare
12.05%
Consumer Non-Cyclicals
9.93%
Energy
7.74%
Other
20.13%
As of November 5, 2026
Top 10 Holdings
CUDV
Apple, Inc.
7.16%
Johnson & Johnson
6.14%
Verizon Communications, Inc.
5.38%
Microsoft Corp.
5.27%
RTX Corp.
5.12%
Waste Management, Inc.
4.90%
Berkshire Hathaway, Inc.
4.70%
Lockheed Martin Corp.
4.57%
Cencora, Inc.
4.55%
The Coca-Cola Co.
4.38%
ZDY.U
Dell Technologies, Inc.
4.91%
Apple, Inc.
4.81%
AbbVie, Inc.
3.71%
Cisco Systems, Inc.
3.54%
NVIDIA Corp.
3.09%
Philip Morris International, Inc.
3.02%
Broadcom Inc.
2.78%
QUALCOMM, Inc.
2.78%
Chevron Corp.
2.41%
Microsoft Corp.
2.35%
Diversification
CUDV
Total weight of top 10 holdings out of 122 total
52.16%
ZDY.U
Total weight of top 10 holdings out of 96 total
33.40%
Characteristics
Compare
CUDV
ZDY.U
| Provider | CI | BMO |
| 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 | 1.40% | 1.57% |
| Meets ESG criteria | No | No |
| Inception Date | January 19, 2023 | March 19, 2013 |
Frequently asked questions about CUDV and ZDY.U
Which ETF has performed better year to date: CUDV or ZDY.U?
As of November 5, 2026, CUDV has returned 6.56% year to date, while ZDY.U has returned 12.86%. ZDY.U is ahead on YTD performance.
Which ETF is larger by assets under management: CUDV or ZDY.U?
As of November 5, 2026, CUDV manages $6.82 M in assets, while ZDY.U manages $62.74 M. ZDY.U is the larger fund by AUM.
How are CUDV and ZDY.U managed?
CUDV is passively managed by CI. It tracks the Solactive US Minimum Downside Volatility Hedged to CAD Index NTR - CAD benchmark. ZDY.U is actively managed by BMO. It does not track an index.
What sectors do CUDV and ZDY.U emphasize?
CUDV is most exposed to Technology, Industrials, and Healthcare. ZDY.U is most exposed to Technology, Finance, and Healthcare.
Which ETF is attracting more investor flows: CUDV or ZDY.U?
Year to date, CUDV has seen -$0.06 M in net flows, compared with +$0.03 M for ZDY.U. ZDY.U has attracted more net investor money so far.
How do the fees of CUDV and ZDY.U compare?
CUDV has an expense ratio of 0.34%, while ZDY.U has an expense ratio of 0.33%.
What are the top holdings of CUDV and ZDY.U?
CUDV's largest holdings include Apple, Inc., Johnson & Johnson, and Verizon Communications, Inc.. ZDY.U's top holdings include Dell Technologies, Inc., Apple, Inc., and AbbVie, Inc..
Which ETF is more diversified: CUDV or ZDY.U?
CUDV holds 122 securities, while ZDY.U holds 96. On holdings count, CUDV is the more diversified portfolio.
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