VS
BMO Low Volatility US Equity ETF (ZLU) and CIBC Qx U.S. Low Volatility Dividend ETF (CQLU) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZLU focuses its top 3 sector exposures on Utilities, Healthcare, and Finance, while CQLU leans towards Finance, Utilities, and Consumer Non-Cyclicals. When evaluating costs, ZLU features a management fee (MER) of 0.3%, compared to 0.3% for CQLU. Performance-wise, ZLU has returned 13.35% year-to-date with +$73 M in net flows, whereas CQLU is at 9.86% with +$172 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
ZLU
CQLU
| AuM | $2,508.21 M | $1,146.75 M |
| Management Fees | 0.30% | 0.30% |
| Exp. ratio | 0.33% | 0.34% |
| Tracking Difference | - | - |
Historical performance and flows
As of July 30, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZLU | -0.74% | +7.55% | +13.35% | +16.51% | +46.30% |
CQLU | +1.82% | +5.73% | +9.86% | +7.55% | +40.71% | |
| Flows | ZLU | +$13 M | +$105 M | +$73 M | +$64 M | +$369 M |
CQLU | +$12 M | +$42 M | +$172 M | +$173 M | +$1,128 M |
ZLU vs CQLU exposure
Countries
ZLU
USA
97.02%
CQLU
USA
94.83%
Sectors
ZLU
Utilities
20.14%
Healthcare
17.41%
Finance
14.46%
Consumer Non-Cyclicals
12.62%
Technology
12.47%
Industrials
7.42%
Other
15.49%
CQLU
Finance
32.22%
Utilities
19.26%
Consumer Non-Cyclicals
15.44%
Industrials
8.34%
Other
24.74%
As of July 30, 2026
Top 10 Holdings
ZLU
Corning, Inc.
4.18%
Johnson & Johnson
2.98%
Teledyne Technologies, Inc.
2.67%
Cencora, Inc.
2.53%
Cisco Systems, Inc.
2.46%
International Business Machines Corp.
2.29%
Consolidated Edison, Inc.
2.08%
Motorola Solutions, Inc.
1.89%
Northrop Grumman Corp.
1.87%
Akamai Technologies, Inc.
1.84%
CQLU
Johnson & Johnson
2.45%
Altria Group, Inc.
2.45%
The Southern Co.
2.37%
American Electric Power Co., Inc.
2.29%
The Coca-Cola Co.
2.27%
Federal Realty Investment Trust
2.15%
Duke Energy Corp.
1.98%
Atmos Energy Corp.
1.95%
Consolidated Edison, Inc.
1.91%
Alliant Energy Corp.
1.88%
Diversification
ZLU
Total weight of top 10 holdings out of 102 total
24.79%
CQLU
Total weight of top 10 holdings out of 76 total
21.68%
Characteristics
Frequently asked questions about ZLU and CQLU
Which ETF has performed better year to date: ZLU or CQLU?
As of July 30, 2026, ZLU has returned 13.35% year to date, while CQLU has returned 9.86%. ZLU is ahead on YTD performance.
Which ETF is larger by assets under management: ZLU or CQLU?
As of July 30, 2026, ZLU manages $2.51 B in assets, while CQLU manages $1.15 B. ZLU is the larger fund by AUM.
How are ZLU and CQLU managed?
ZLU is actively managed by BMO. It does not track an index. CQLU is actively managed by CIBC. It does not track an index.
What sectors do ZLU and CQLU emphasize?
ZLU is most exposed to Utilities, Healthcare, and Finance. CQLU is most exposed to Finance, Utilities, and Consumer Non-Cyclicals.
Which ETF is attracting more investor flows: ZLU or CQLU?
Year to date, ZLU has seen +$72.84 M in net flows, compared with +$171.92 M for CQLU. CQLU has attracted more net investor money so far.
How do the fees of ZLU and CQLU compare?
ZLU has an expense ratio of 0.33%, while CQLU has an expense ratio of 0.34%.
What are the top holdings of ZLU and CQLU?
ZLU's largest holdings include Corning, Inc., Johnson & Johnson, and Teledyne Technologies, Inc.. CQLU's top holdings include Johnson & Johnson, Altria Group, Inc., and The Southern Co..
Which ETF is more diversified: ZLU or CQLU?
ZLU holds 102 securities, while CQLU holds 75. On holdings count, ZLU is the more diversified portfolio.
Recent articles about ZLU and CQLU
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