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 Healthcare, Utilities, 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 17.12% year-to-date with +$82 M in net flows, whereas CQLU is at 10.83% with +$216 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 | $2,590.46 M | $1,197.51 M |
| Management Fees | 0.30% | 0.30% |
| Exp. ratio | 0.33% | 0.34% |
| Tracking Difference | - | - |
Historical performance and flows
As of October 29, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZLU | +7.09% | +3.33% | +17.12% | +17.02% | +56.33% |
CQLU | +6.00% | -1.59% | +10.83% | +10.97% | +44.74% | |
| Flows | ZLU | +$3 M | +$6 M | +$82 M | +$70 M | +$401 M |
CQLU | -$4 M | +$42 M | +$216 M | +$215 M | +$1,172 M |
ZLU vs CQLU exposure
Countries
ZLU
USA
96.96%
CQLU
USA
95.85%
Sectors
ZLU
Healthcare
19.83%
Utilities
18.35%
Finance
15.29%
Consumer Non-Cyclicals
12.48%
Technology
12.08%
Industrials
7.46%
Other
14.52%
CQLU
Finance
32.54%
Utilities
17.53%
Consumer Non-Cyclicals
14.80%
Industrials
10.41%
Healthcare
7.75%
Other
16.97%
As of October 29, 2026
Top 10 Holdings
ZLU
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%
CQLU
Altria Group, Inc.
2.40%
The Southern Co.
2.14%
Pfizer Inc.
2.08%
Verizon Communications, Inc.
2.07%
American Electric Power Co., Inc.
2.07%
Federal Realty Investment Trust
1.98%
Kimco Realty Corp.
1.89%
Duke Energy Corp.
1.86%
Atmos Energy Corp.
1.85%
Consolidated Edison, Inc.
1.85%
Diversification
ZLU
Total weight of top 10 holdings out of 100 total
24.07%
CQLU
Total weight of top 10 holdings out of 75 total
20.20%
Characteristics
Frequently asked questions about ZLU and CQLU
Which ETF has performed better year to date: ZLU or CQLU?
As of October 29, 2026, ZLU has returned 17.12% year to date, while CQLU has returned 10.83%. ZLU is ahead on YTD performance.
Which ETF is larger by assets under management: ZLU or CQLU?
As of October 29, 2026, ZLU manages $2.59 B in assets, while CQLU manages $1.20 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 Healthcare, Utilities, 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 +$82.32 M in net flows, compared with +$215.93 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 Johnson & Johnson, Cencora, Inc., and Corning, Inc.. CQLU's top holdings include Altria Group, Inc., The Southern Co., and Pfizer Inc..
Which ETF is more diversified: ZLU or CQLU?
ZLU holds 100 securities, while CQLU holds 75. On holdings count, ZLU is the more diversified portfolio.
Recent articles about ZLU and CQLU
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