VS
Franklin U.S. Low Volatility High Dividend Index ETF (CA) (FLVU) and CI Invesco S&P 500 Low Volatility Index ETF (ULV.F) offer distinct profiles for Canadian ETF investors. A direct comparison shows that FLVU focuses its top 3 sector exposures on Utilities, Finance, and Consumer Non-Cyclicals, while ULV.F leans towards Finance, Utilities, and Consumer Non-Cyclicals. When evaluating costs, FLVU features a management fee (MER) of 0.12%, compared to 0.3% for ULV.F. Performance-wise, FLVU has returned 13.29% year-to-date with +$10 M in net flows, whereas ULV.F is at 5.32% 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
FLVU
ULV.F
| AuM | $27.77 M | $82.21 M |
| Management Fees | 0.12% | 0.30% |
| Exp. ratio | 0.15% | 0.31% |
| Tracking Difference | 2.81% | 1.90% |
Historical performance and flows
As of September 3, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FLVU | -2.64% | +5.22% | +13.29% | +11.32% | - |
ULV.F | -1.60% | +4.98% | +5.32% | +2.83% | +23.42% | |
| Flows | FLVU | +$0 M | +$1 M | +$10 M | +$12 M | - |
ULV.F | +$0 M | -$1 M | -$1 M | -$5 M | -$41 M |
FLVU vs ULV.F exposure
Countries
FLVU
USA
97.95%
ULV.F
USA
95.09%
Sectors
FLVU
Utilities
24.17%
Finance
24.10%
Consumer Non-Cyclicals
20.04%
Energy
7.23%
Other
24.46%
ULV.F
Finance
39.99%
Utilities
23.90%
Consumer Non-Cyclicals
10.38%
Industrials
7.40%
Other
18.33%
As of September 3, 2026
Top 10 Holdings
FLVU
Johnson & Johnson
2.75%
Kimberly-Clark Corp.
2.70%
The Coca-Cola Co.
2.65%
U.S. Bancorp
2.64%
Altria Group, Inc.
2.63%
Procter & Gamble Co.
2.44%
Verizon Communications, Inc.
2.42%
Chevron Corp.
2.40%
The Home Depot, Inc.
2.30%
Lockheed Martin Corp.
2.27%
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
FLVU
Total weight of top 10 holdings out of 113 total
25.21%
ULV.F
Total weight of top 10 holdings out of 100 total
12.62%
Characteristics
Compare
FLVU
ULV.F
| Provider | Franklin Templeton | CI |
| Management | Passively managed | Passively managed |
| Benchmark | Franklin Low Volatility High Dividend Index NTR - 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 | 2.35% | 1.68% |
| Meets ESG criteria | No | No |
| Inception Date | March 28, 2024 | January 24, 2012 |
Frequently asked questions about FLVU and ULV.F
Which ETF has performed better year to date: FLVU or ULV.F?
As of September 3, 2026, FLVU has returned 13.29% year to date, while ULV.F has returned 5.32%. FLVU is ahead on YTD performance.
Which ETF is larger by assets under management: FLVU or ULV.F?
As of September 3, 2026, FLVU manages $27.77 M in assets, while ULV.F manages $82.21 M. ULV.F is the larger fund by AUM.
How are FLVU and ULV.F managed?
FLVU is passively managed by Franklin Templeton. It tracks the Franklin Low Volatility High Dividend Index NTR - 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 FLVU and ULV.F emphasize?
FLVU is most exposed to Utilities, Finance, and Consumer Non-Cyclicals. ULV.F is most exposed to Finance, Utilities, and Consumer Non-Cyclicals.
Which ETF is attracting more investor flows: FLVU or ULV.F?
Year to date, FLVU has seen +$9.70 M in net flows, compared with -$1.03 M for ULV.F. FLVU has attracted more net investor money so far.
How do the fees of FLVU and ULV.F compare?
FLVU has an expense ratio of 0.15%, while ULV.F has an expense ratio of 0.31%.
What are the top holdings of FLVU and ULV.F?
FLVU's largest holdings include Johnson & Johnson, Kimberly-Clark Corp., and The Coca-Cola Co.. ULV.F's top holdings include Loews Corp., FirstEnergy Corp., and Berkshire Hathaway, Inc..
Which ETF is more diversified: FLVU or ULV.F?
FLVU holds 113 securities, while ULV.F holds 100. On holdings count, FLVU is the more diversified portfolio.
Recent articles about FLVU and ULV.F
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