VS
When evaluating costs, MUSD.U features a management fee (MER) of 0.2%, compared to 0.12% for CMR. Performance-wise, MUSD.U has returned 3.23% year-to-date with -$7 M in net flows, whereas CMR is at 2.02% with +$97 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
MUSD.U
CMR
| AuM | $14.28 M | $2,612.60 M |
| Management Fees | 0.20% | 0.12% |
| Exp. ratio | 0.22% | 0.13% |
| Tracking Difference | - | - |
Historical performance and flows
As of November 10, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | MUSD.U | +0.31% | +0.95% | +3.23% | +3.79% | +14.39% |
CMR | +0.18% | +0.60% | +2.02% | +2.37% | +10.56% | |
| Flows | MUSD.U | -$7 M | -$14 M | -$7 M | -$7 M | +$7 M |
CMR | +$20 M | -$108 M | +$97 M | +$328 M | +$1,940 M |
MUSD.U vs CMR exposure
Countries
MUSD.U
Exposure data will be available soon
CMR
Other
86.89%
Canada
13.11%
Sectors
MUSD.U
Exposure data will be available soon
CMR
Other
86.89%
Municipal
8.57%
As of November 10, 2026
Top 10 Holdings
MUSD.U
Exposure data will be available soon
CMR
CA68325JB449
2.34%
CA05554SY351
1.47%
CA55379XXX79
1.40%
CA563454X698
1.33%
CA625952XV34
1.32%
CA60689MX576
1.22%
CA44925SXL73
1.14%
CA60689MXA66
1.11%
Province of Quebec, Bills 0% 9oct2026, CAD (364D)
1.11%
Alberta, Bills 0% 6apr2027, CAD (364D)
1.09%
Diversification
MUSD.U
Exposure data will be available soon
CMR
Total weight of top 10 holdings out of 164 total
13.53%
Characteristics
Compare
MUSD.U
CMR
| Provider | Evolve ETFs | iShares |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | - | - |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.72% | 2.34% |
| Meets ESG criteria | No | No |
| Inception Date | May 26, 2023 | February 19, 2008 |
Frequently asked questions about MUSD.U and CMR
Which ETF has performed better year to date: MUSD.U or CMR?
As of November 10, 2026, MUSD.U has returned 3.23% year to date, while CMR has returned 2.02%. MUSD.U is ahead on YTD performance.
Which ETF is larger by assets under management: MUSD.U or CMR?
As of November 10, 2026, MUSD.U manages $14.28 M in assets, while CMR manages $2.61 B. CMR is the larger fund by AUM.
How are MUSD.U and CMR managed?
MUSD.U is actively managed by Evolve ETFs. It does not track an index. CMR is actively managed by iShares. It does not track an index.
Which ETF is attracting more investor flows: MUSD.U or CMR?
Year to date, MUSD.U has seen -$6.97 M in net flows, compared with +$97.43 M for CMR. CMR has attracted more net investor money so far.
How do the fees of MUSD.U and CMR compare?
MUSD.U has an expense ratio of 0.22%, while CMR has an expense ratio of 0.13%.
Recent articles about MUSD.U and CMR
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