VS
TD Q U.S. Low Volatility ETF (TULV) and CI U.S. Minimum Downside Volatility Index ETF (CUDV.B) offer distinct profiles for Canadian ETF investors. A direct comparison shows that TULV focuses its top 3 sector exposures on Consumer Non-Cyclicals, Healthcare, and Utilities, while CUDV.B leans towards Technology, Industrials, and Healthcare. When evaluating costs, TULV features a management fee (MER) of 0.3%, compared to 0.3% for CUDV.B. Performance-wise, TULV has returned 18.3% year-to-date with -$13 M in net flows, whereas CUDV.B is at 14.64% 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
TULV
CUDV.B
| AuM | $58.86 M | $1.54 M |
| Management Fees | 0.30% | 0.30% |
| Exp. ratio | 0.34% | 0.34% |
| Tracking Difference | - | 0.11% |
Historical performance and flows
As of November 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | TULV | +8.28% | +9.92% | +18.30% | +15.66% | +51.31% |
CUDV.B | +8.55% | +7.07% | +14.64% | +12.15% | +60.36% | |
| Flows | TULV | +$1 M | +$1 M | -$13 M | -$15 M | -$12 M |
CUDV.B | +$0 M | +$0 M | +$0 M | +$0 M | +$0 M |
TULV vs CUDV.B exposure
Countries
TULV
USA
98.66%
CUDV.B
USA
100.57%
Sectors
TULV
Consumer Non-Cyclicals
22.95%
Healthcare
21.76%
Utilities
15.53%
Finance
12.84%
Technology
10.80%
Other
16.13%
CUDV.B
Technology
15.86%
Industrials
14.24%
Healthcare
13.85%
Consumer Non-Cyclicals
13.68%
Finance
13.23%
Business Services
9.61%
Other
19.52%
As of November 11, 2026
Top 10 Holdings
TULV
The Coca-Cola Co.
3.05%
Merck & Co., Inc.
3.02%
Johnson & Johnson
3.01%
Visa, Inc.
2.99%
Mastercard, Inc.
2.97%
General Dynamics Corp.
2.88%
Colgate-Palmolive Co.
2.87%
CME Group, Inc.
2.69%
PepsiCo, Inc.
2.65%
CenterPoint Energy, Inc.
2.62%
CUDV.B
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%
Diversification
TULV
Total weight of top 10 holdings out of 85 total
28.77%
CUDV.B
Total weight of top 10 holdings out of 122 total
52.16%
Characteristics
Compare
TULV
CUDV.B
| Provider | TD Asset Management | CI |
| Management | Actively managed | Passively managed |
| Benchmark | - | Solactive US Minimum Downside Volatility CAD Index NTR - CAD |
| Replication Method | - | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.03% | 1.23% |
| Meets ESG criteria | No | No |
| Inception Date | June 2, 2020 | January 19, 2023 |
Frequently asked questions about TULV and CUDV.B
Which ETF has performed better year to date: TULV or CUDV.B?
As of November 11, 2026, TULV has returned 18.30% year to date, while CUDV.B has returned 14.64%. TULV is ahead on YTD performance.
Which ETF is larger by assets under management: TULV or CUDV.B?
As of November 11, 2026, TULV manages $58.86 M in assets, while CUDV.B manages $1.54 M. TULV is the larger fund by AUM.
How are TULV and CUDV.B managed?
TULV is actively managed by TD Asset Management. It does not track an index. CUDV.B is passively managed by CI. It tracks the Solactive US Minimum Downside Volatility CAD Index NTR - CAD benchmark.
What sectors do TULV and CUDV.B emphasize?
TULV is most exposed to Consumer Non-Cyclicals, Healthcare, and Utilities. CUDV.B is most exposed to Technology, Industrials, and Healthcare.
Which ETF is attracting more investor flows: TULV or CUDV.B?
Year to date, TULV has seen -$12.65 M in net flows, compared with +$0.00 M for CUDV.B. CUDV.B has attracted more net investor money so far.
How do the fees of TULV and CUDV.B compare?
TULV has an expense ratio of 0.34%, while CUDV.B has an expense ratio of 0.34%.
What are the top holdings of TULV and CUDV.B?
TULV's largest holdings include The Coca-Cola Co., Merck & Co., Inc., and Johnson & Johnson. CUDV.B's top holdings include Apple, Inc., Johnson & Johnson, and Verizon Communications, Inc..
Which ETF is more diversified: TULV or CUDV.B?
TULV holds 83 securities, while CUDV.B holds 122. On holdings count, CUDV.B is the more diversified portfolio.
Recent articles about TULV and CUDV.B
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