VS
TD Q U.S. Small-Mid-Cap Equity ETF (TQSM) and CI U.S. MidCap Dividend Index ETF (UMI) offer distinct profiles for Canadian ETF investors. A direct comparison shows that TQSM focuses its top 3 sector exposures on Finance, Technology, and Industrials, while UMI leans towards Finance, Industrials, and Technology. When evaluating costs, TQSM features a management fee (MER) of 0.4%, compared to 0.35% for UMI. Performance-wise, TQSM has returned 18.19% year-to-date with +$340 M in net flows, whereas UMI is at 7.73% with -$2 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
TQSM
UMI
| AuM | $1,067.84 M | $6.79 M |
| Management Fees | 0.40% | 0.35% |
| Exp. ratio | 0.45% | 0.38% |
| Tracking Difference | - | 0.40% |
Historical performance and flows
As of September 21, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | TQSM | -0.90% | -0.00% | +18.19% | +14.96% | +59.36% |
UMI | -4.61% | -0.66% | +7.73% | +6.62% | +37.23% | |
| Flows | TQSM | +$56 M | +$127 M | +$340 M | +$391 M | +$784 M |
UMI | +$0 M | +$0 M | -$2 M | -$2 M | -$12 M |
TQSM vs UMI exposure
Countries
TQSM
USA
95.53%
UMI
USA
81.62%
Other
18.38%
Sectors
TQSM
Finance
23.98%
Technology
14.78%
Industrials
12.97%
Healthcare
9.04%
Non-Energy Materials
8.88%
Energy
7.61%
Other
22.74%
UMI
Finance
22.84%
Other
18.38%
Industrials
18.21%
Technology
12.92%
Non-Energy Materials
8.59%
Other
19.07%
As of September 21, 2026
Top 10 Holdings
TQSM
HF Sinclair Corp.
1.74%
Reinsurance Group of America, Inc.
1.50%
Ovintiv, Inc.
1.44%
StoneX Group, Inc.
1.40%
US Foods Holding Corp.
1.34%
First BanCorp (Puerto Rico)
1.32%
Equitable Holdings, Inc.
1.31%
Mueller Industries, Inc.
1.29%
Exelixis, Inc.
1.25%
Medpace Holdings, Inc.
1.15%
UMI
Dolby Laboratories, Inc.
6.74%
Thor Industries, Inc.
3.21%
Agree Realty Corp.
3.14%
MarketAxess Holdings, Inc.
3.10%
Healthcare Realty Trust, Inc.
3.03%
Advanced Energy Industries, Inc.
2.63%
Advanced Drainage Systems, Inc.
2.63%
Bentley Systems, Inc.
2.59%
KBR, Inc.
2.45%
The Ensign Group, Inc.
2.08%
Diversification
TQSM
Total weight of top 10 holdings out of 294 total
13.73%
UMI
Total weight of top 10 holdings out of 294 total
31.61%
Characteristics
Compare
TQSM
UMI
| Provider | TD Asset Management | CI |
| Management | Actively managed | Passively managed |
| Benchmark | - | WisdomTree U.S. MidCap Dividend Index Net Total Return - CAD-Hedged |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.42% | 2.41% |
| Meets ESG criteria | No | No |
| Inception Date | November 26, 2019 | September 19, 2017 |
Frequently asked questions about TQSM and UMI
Which ETF has performed better year to date: TQSM or UMI?
As of September 21, 2026, TQSM has returned 18.19% year to date, while UMI has returned 7.73%. TQSM is ahead on YTD performance.
Which ETF is larger by assets under management: TQSM or UMI?
As of September 21, 2026, TQSM manages $1.07 B in assets, while UMI manages $6.79 M. TQSM is the larger fund by AUM.
How are TQSM and UMI managed?
TQSM is actively managed by TD Asset Management. It does not track an index. UMI is passively managed by CI. It tracks the WisdomTree U.S. MidCap Dividend Index Net Total Return - CAD-Hedged benchmark.
What sectors do TQSM and UMI emphasize?
TQSM is most exposed to Finance, Technology, and Industrials. UMI is most exposed to Finance, Industrials, and Technology.
Which ETF is attracting more investor flows: TQSM or UMI?
Year to date, TQSM has seen +$340.13 M in net flows, compared with -$1.70 M for UMI. TQSM has attracted more net investor money so far.
How do the fees of TQSM and UMI compare?
TQSM has an expense ratio of 0.45%, while UMI has an expense ratio of 0.38%.
What are the top holdings of TQSM and UMI?
TQSM's largest holdings include HF Sinclair Corp., Reinsurance Group of America, Inc., and Ovintiv, Inc.. UMI's top holdings include Dolby Laboratories, Inc., Thor Industries, Inc., and Agree Realty Corp..
Which ETF is more diversified: TQSM or UMI?
TQSM holds 294 securities, while UMI holds 292. On holdings count, TQSM is the more diversified portfolio.
Recent articles about TQSM and UMI
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