VS
Compare CI Invesco S&P 500 Low Volatility Index ETF (ULV.U) vs BMO Low Volatility US Equity ETF (ZLU.U) to find the best fit for your portfolio. ULV.U provides Finance, Utilities, and Industrials exposures, while ZLU.U is primarily weighted in Healthcare, Utilities, and Finance. When evaluating costs, ULV.U features a management fee (MER) of 0.3%, compared to 0.3% for ZLU.U. Performance-wise, ULV.U has returned 9.9% year-to-date with -$1 M in net flows, whereas ZLU.U is at 14.99% with -$49 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
ZLU.U
| AuM | $5.33 M | $108.69 M |
| Management Fees | 0.30% | 0.30% |
| Exp. ratio | 0.31% | 0.33% |
| Tracking Difference | -0.95% | - |
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% |
ZLU.U | +8.40% | +2.38% | +14.99% | +18.12% | +50.14% | |
| Flows | ULV.U | +$0 M | +$0 M | -$1 M | -$2 M | -$1 M |
ZLU.U | -$14 M | -$47 M | -$49 M | -$44 M | -$24 M |
ULV.U vs ZLU.U exposure
Countries
ULV.U
USA
95.88%
ZLU.U
USA
96.96%
Sectors
ULV.U
Finance
41.08%
Utilities
26.23%
Industrials
9.25%
Consumer Non-Cyclicals
7.83%
Other
15.61%
ZLU.U
Healthcare
19.83%
Utilities
18.35%
Finance
15.29%
Consumer Non-Cyclicals
12.48%
Technology
12.08%
Industrials
7.46%
Other
14.52%
As of November 2, 2026
Top 10 Holdings
ULV.U
US46138E3541
99.94%
ZLU.U
Johnson & Johnson
3.24%
Cencora, Inc.
2.90%
Corning, Inc.
2.72%
Teledyne Technologies, Inc.
2.64%
Cisco Systems, Inc.
2.35%
Motorola Solutions, Inc.
2.14%
Cboe Global Markets, Inc.
2.07%
Consolidated Edison, Inc.
2.01%
CME Group, Inc.
2.00%
Northrop Grumman Corp.
2.00%
Diversification
ULV.U
Total weight of top 10 holdings out of 100 total
99.94%
ZLU.U
Total weight of top 10 holdings out of 100 total
24.07%
Characteristics
Compare
ULV.U
ZLU.U
| Provider | CI | BMO |
| Management | Passively managed | Actively managed |
| Benchmark | S&P 500 Low Volatility Total Return Index - USD | - |
| Replication Method | Other | - |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.47% | 1.56% |
| Meets ESG criteria | No | No |
| Inception Date | January 31, 2017 | March 19, 2013 |
Frequently asked questions about ULV.U and ZLU.U
Which ETF has performed better year to date: ULV.U or ZLU.U?
As of November 2, 2026, ULV.U has returned 9.90% year to date, while ZLU.U has returned 14.99%. ZLU.U is ahead on YTD performance.
Which ETF is larger by assets under management: ULV.U or ZLU.U?
As of November 2, 2026, ULV.U manages $5.33 M in assets, while ZLU.U manages $108.69 M. ZLU.U is the larger fund by AUM.
How are ULV.U and ZLU.U managed?
ULV.U is passively managed by CI. It tracks the S&P 500 Low Volatility Total Return Index - USD benchmark. ZLU.U is actively managed by BMO. It does not track an index.
Which ETF is more diversified: ULV.U or ZLU.U?
ULV.U holds 1 securities, while ZLU.U holds 100. On holdings count, ZLU.U is the more diversified portfolio.
Which ETF is attracting more investor flows: ULV.U or ZLU.U?
Year to date, ULV.U has seen -$1.13 M in net flows, compared with -$49.35 M for ZLU.U. ULV.U has attracted more net investor money so far.
How do the fees of ULV.U and ZLU.U compare?
ULV.U has an expense ratio of 0.31%, while ZLU.U has an expense ratio of 0.33%.
What sectors do ULV.U and ZLU.U emphasize?
ULV.U is most exposed to Finance, Utilities, and Industrials. ZLU.U is most exposed to Healthcare, Utilities, and Finance.
Recent articles about ULV.U and ZLU.U
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