VS
Compare iShares MSCI USA Minimum Volatility Index ETF (XMU.U) vs CI U.S. Enhanced Value Index ETF (CVLU.B) to find the best fit for your portfolio. XMU.U and CVLU.B provide the same top sector exposures: Technology, Finance, and Healthcare. When evaluating costs, XMU.U features a management fee (MER) of 0.3%, compared to 0.3% for CVLU.B. Performance-wise, XMU.U has returned 5.71% year-to-date with +$0 M in net flows, whereas CVLU.B is at 20.62% with -$44 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
XMU.U
CVLU.B
| AuM | $5.00 M | $48.38 M |
| Management Fees | 0.30% | 0.30% |
| Exp. ratio | 0.33% | 0.32% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 17, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XMU.U | -1.27% | +4.66% | +5.71% | +6.75% | +36.54% |
CVLU.B | +0.05% | +6.33% | +20.62% | +28.17% | - | |
| Flows | XMU.U | +$0 M | +$0 M | +$0 M | -$2 M | -$3 M |
CVLU.B | -$3 M | -$8 M | -$44 M | -$161 M | - |
XMU.U vs CVLU.B exposure
Countries
XMU.U
USA
93.25%
CVLU.B
USA
96.65%
Sectors
XMU.U
Technology
29.58%
Finance
14.51%
Healthcare
13.49%
Consumer Non-Cyclicals
11.04%
Other
31.38%
CVLU.B
Technology
34.88%
Finance
16.21%
Healthcare
14.82%
Industrials
9.16%
Other
24.93%
As of September 17, 2026
Top 10 Holdings
XMU.U
Microsoft Corp.
1.58%
Welltower, Inc.
1.58%
Amphenol Corp.
1.57%
Chubb Ltd.
1.54%
Johnson & Johnson
1.54%
Vertex Pharmaceuticals, Inc.
1.47%
Berkshire Hathaway, Inc.
1.47%
Duke Energy Corp.
1.46%
The Southern Co.
1.44%
Cisco Systems, Inc.
1.43%
CVLU.B
Microsoft Corp.
7.67%
NVIDIA Corp.
6.64%
Apple, Inc.
4.82%
Micron Technology, Inc.
2.69%
Meta Platforms, Inc.
1.58%
JPMorgan Chase & Co.
1.45%
Johnson & Johnson
1.44%
UnitedHealth Group, Inc.
1.33%
Cisco Systems, Inc.
1.25%
Eli Lilly & Co.
1.14%
Diversification
XMU.U
Total weight of top 10 holdings out of 165 total
15.08%
CVLU.B
Total weight of top 10 holdings out of 810 total
30.01%
Characteristics
Compare
XMU.U
CVLU.B
| Provider | iShares | CI |
| Management | Passively managed | Passively managed |
| Benchmark | MSCI USA Minimum Volatility Net Total Return Index - CAD | VettaFi US Enhanced Value Index - USD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.13% | 1.28% |
| Meets ESG criteria | No | No |
| Inception Date | October 22, 2019 | January 16, 2024 |
Frequently asked questions about XMU.U and CVLU.B
Which ETF has performed better year to date: XMU.U or CVLU.B?
As of September 17, 2026, XMU.U has returned 5.71% year to date, while CVLU.B has returned 20.62%. CVLU.B is ahead on YTD performance.
Which ETF is larger by assets under management: XMU.U or CVLU.B?
As of September 17, 2026, XMU.U manages $5.00 M in assets, while CVLU.B manages $48.38 M. CVLU.B is the larger fund by AUM.
How are XMU.U and CVLU.B managed?
XMU.U is passively managed by iShares. It tracks the MSCI USA Minimum Volatility Net Total Return Index - CAD benchmark. CVLU.B is passively managed by CI. It tracks the VettaFi US Enhanced Value Index - USD benchmark.
What sectors do XMU.U and CVLU.B emphasize?
XMU.U is most exposed to Technology, Finance, and Healthcare. CVLU.B is most exposed to Technology, Finance, and Healthcare.
Which ETF is attracting more investor flows: XMU.U or CVLU.B?
Year to date, XMU.U has seen +$0.00 M in net flows, compared with -$44.14 M for CVLU.B. XMU.U has attracted more net investor money so far.
How do the fees of XMU.U and CVLU.B compare?
XMU.U has an expense ratio of 0.33%, while CVLU.B has an expense ratio of 0.32%.
What are the top holdings of XMU.U and CVLU.B?
XMU.U's largest holdings include Microsoft Corp., Welltower, Inc., and Amphenol Corp.. CVLU.B's top holdings include Microsoft Corp., NVIDIA Corp., and Apple, Inc..
Which ETF is more diversified: XMU.U or CVLU.B?
XMU.U holds 165 securities, while CVLU.B holds 810. On holdings count, CVLU.B is the more diversified portfolio.
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.