CI U.S. Minimum Downside Volatility Index ETF

TSX TICKER : CUDV
 

Fund overview

The ETF’s investment objective is to replicate, to the extent reasonably possible, the performance of the Solactive US Minimum Downside Volatility Hedged to CAD Index NTR (the "Index"), net of expenses, or any successor thereto. The Index intends to track the performance of a portfolio of U.S. companies that exhibits a lower downside volatility than the broader U.S. equity market with a target number of stocks and avoids excessive sector concentration and index turnover.

Fund details

description of elementelement value
Inception date January 2023
Total net assets ($CAD)
As at 2026-09-17
$6.5 million
NAVPS
As at 2026-09-17
$26.0884
Market price
As at 2026-09-16
$26.3500
MER (%)
As at 2026-06-30
0.34
Management fee (%) 0.30
Units outstanding
As at 2026-09-17
250,000
Asset class U.S. Equity
Currency CAD Hedged
CUSIP 12569L101
Distribution frequency Quarterly
Last distribution $0.0962

Risk rating1

  • Low
  • Low to medium
  • Medium
  • Medium to high
  • High

Investor suitability

For those who:
  • want exposure to a diversified portfolio of U.S. equity securities on a CAD hedged basis
  • are looking for long-term capital appreciation with lower volatility compared to the U.S. equity market
  • want to receive regular cash flows (if any)
  • can tolerate medium risk
  • want the currency exposure hedged back to the Canadian dollar

Performance2 As at 2026-08-31

Growth of $10,000 (Since inception date)

growth of 10k graph

Calendar year performance

annual performance graph

average annual compound returns

YTD 1 Mo 3 Mo 6 Mo 1 Y 3 Y 5 Y 10 Y Inception*
3.59% 0.66% 4.93% -4.45% 5.31% 12.15% - - 9.84%
*Since inception date

Distribution history3

Ex-Date Total
2026-06-24 0.0962
2026-03-25 0.0744
2025-12-23 0.1017
2025-09-23 0.0892
2025-06-24 0.0769
Ex-Date Total
2025-03-25 0.1016
2024-12-23 0.1100
2024-09-23 0.0848
2024-06-24 0.0937
2024-03-21 0.0855

Management team

First we'll display the Team Company and then the Team members
CI Global Asset Management ETF

CI U.S. Minimum Downside Volatility Index ETF

TSX TICKER : CUDV
 
Portfolio allocations4 As at 2026-08-31
Asset allocation (%)
  • US Equity 95.55
  • International Equity 3.20
  • Cash and Equivalents 1.29
  • Other -0.04
Sector allocation (%)
  • Industrial Goods 14.35
  • Technology 14.18
  • Healthcare 12.99
  • Financial Services 11.31
  • Consumer Goods 10.18
  • Telecommunications 8.62
  • Consumer Services 7.38
  • Industrial Services 7.27
  • Utilities 6.89
  • Other 6.83
Geographic allocation(%)
  • United States 95.47
  • United Kingdom 1.98
  • Canada 1.35
  • Ireland 1.14
  • Switzerland 0.08
  • Other -0.02
Top holdings6
Sector (%)
1. Apple Inc Computer Electronics 6.26%
2. Johnson & Johnson Drugs 5.70%
3. Verizon Communications Inc Diversified Telecommunications 5.39%
4. Raytheon Technologies Corp Aerospace and Defence 5.28%
5. Waste Management Inc Professional Services 4.83%
6. Microsoft Corp Information Technology 4.80%
7. Lockheed Martin Corp Aerospace and Defence 4.63%
8. Cencora Inc Healthcare Equipment 4.51%
9. Berkshire Hathaway Inc Cl B Insurance 4.37%
10. Coca-Cola Co Food, Beverage and Tobacco 4.13%
11. Ventas Inc Real Estate Investment Trust 4.07%
12. L3harris Technologies Inc Aerospace and Defence 3.83%
13. Walmart Inc Retail 3.81%
14. Duke Energy Corp Electric Utilities 3.40%
15. AT&T Inc Telephone Service Providers 3.13%
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