VS
CI Invesco S&P 500 Low Volatility Index ETF (ULV.U) and Franklin U.S. Low Volatility High Dividend Index ETF (CA) (FLVU) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ULV.U focuses its top 3 sector exposures on Finance, Utilities, and Industrials, while FLVU leans towards Finance, Utilities, and Consumer Non-Cyclicals. When evaluating costs, ULV.U features a management fee (MER) of 0.3%, compared to 0.12% for FLVU. Performance-wise, ULV.U has returned 9.9% year-to-date with -$1 M in net flows, whereas FLVU is at 19.37% with +$13 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
ULV.U
FLVU
| AuM | $5.33 M | $33.06 M |
| Management Fees | 0.30% | 0.12% |
| Exp. ratio | 0.31% | 0.15% |
| Tracking Difference | -0.95% | 3.01% |
Historical performance and flows
As of November 2, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ULV.U | +9.14% | +1.56% | +9.90% | +12.01% | +36.30% |
FLVU | +8.95% | +2.58% | +19.37% | +17.80% | - | |
| Flows | ULV.U | +$0 M | +$0 M | -$1 M | -$2 M | -$1 M |
FLVU | +$2 M | +$4 M | +$13 M | +$16 M | - |
ULV.U vs FLVU exposure
Countries
ULV.U
USA
95.88%
FLVU
USA
95.89%
Sectors
ULV.U
Finance
41.08%
Utilities
26.23%
Industrials
9.25%
Consumer Non-Cyclicals
7.83%
Other
15.61%
FLVU
Finance
23.80%
Utilities
23.37%
Consumer Non-Cyclicals
19.55%
Other
33.28%
As of November 2, 2026
Top 10 Holdings
ULV.U
US46138E3541
99.94%
FLVU
Johnson & Johnson
3.02%
The Coca-Cola Co.
2.98%
Verizon Communications, Inc.
2.84%
Chevron Corp.
2.76%
Altria Group, Inc.
2.67%
U.S. Bancorp
2.65%
Procter & Gamble Co.
2.61%
Kimberly-Clark Corp.
2.58%
PepsiCo, Inc.
2.54%
McDonald's Corp.
2.39%
Diversification
ULV.U
Total weight of top 10 holdings out of 100 total
99.94%
FLVU
Total weight of top 10 holdings out of 114 total
27.04%
Characteristics
Compare
ULV.U
FLVU
| Provider | CI | Franklin Templeton |
| Management | Passively managed | Passively managed |
| Benchmark | S&P 500 Low Volatility Total Return Index - USD | Franklin Low Volatility High Dividend Index NTR - CAD |
| Replication Method | Other | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.47% | 2.24% |
| Meets ESG criteria | No | No |
| Inception Date | January 31, 2017 | March 28, 2024 |
Frequently asked questions about ULV.U and FLVU
Which ETF has performed better year to date: ULV.U or FLVU?
As of November 2, 2026, ULV.U has returned 9.90% year to date, while FLVU has returned 19.37%. FLVU is ahead on YTD performance.
Which ETF is larger by assets under management: ULV.U or FLVU?
As of November 2, 2026, ULV.U manages $5.33 M in assets, while FLVU manages $33.06 M. FLVU is the larger fund by AUM.
How are ULV.U and FLVU managed?
ULV.U is passively managed by CI. It tracks the S&P 500 Low Volatility Total Return Index - USD benchmark. FLVU is passively managed by Franklin Templeton. It tracks the Franklin Low Volatility High Dividend Index NTR - CAD benchmark.
Which ETF is more diversified: ULV.U or FLVU?
ULV.U holds 1 securities, while FLVU holds 114. On holdings count, FLVU is the more diversified portfolio.
Which ETF is attracting more investor flows: ULV.U or FLVU?
Year to date, ULV.U has seen -$1.13 M in net flows, compared with +$13.44 M for FLVU. FLVU has attracted more net investor money so far.
How do the fees of ULV.U and FLVU compare?
ULV.U has an expense ratio of 0.31%, while FLVU has an expense ratio of 0.15%.
What sectors do ULV.U and FLVU emphasize?
ULV.U is most exposed to Finance, Utilities, and Industrials. FLVU is most exposed to Finance, Utilities, and Consumer Non-Cyclicals.
Recent articles about ULV.U and FLVU
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