CI U.S. Minimum Downside Volatility Index ETF

TSX TICKER : CUDV.B
 

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 2026-03-31
$1.4 million
NAVPS
As at 2026-03-31
$28.5708
Market price
As at 2026-02-10
$28.6700
MER (%)
As at 2025-06-30
0.34
Management fee (%) 0.30
Units outstanding
As at 2026-03-31
50,000
Asset class U.S. Equity
Currency CAD
CUSIP 12569L200
Distribution frequency Quarterly
Last distribution $0.0744

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
  • 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

Performance2 As at 2026-03-31

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*
8.12% 3.77% 5.28% 10.53% 9.75% 15.45% - - 14.87%
*Since inception date

Distribution history3

Ex-Date Total
2026-03-25 0.0744
2025-12-23 0.1017
2025-09-23 0.0892
2025-06-24 0.0769
2025-03-25 0.1016
Ex-Date Total
2024-12-23 0.1100
2024-09-23 0.0848
2024-06-24 0.0937
2024-03-21 0.0855
2023-12-20 0.1175

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.B
 
Portfolio allocations4 As at 2026-02-28
Asset allocation (%)
  • US Equity 96.70
  • International Equity 3.21
  • Cash and Equivalents 0.05
  • Other 0.04
Sector allocation (%)
  • Industrial Goods 17.44
  • Technology 14.66
  • Healthcare 14.05
  • Consumer Goods 11.72
  • Financial Services 10.31
  • Consumer Services 8.54
  • Telecommunications 7.66
  • Utilities 7.23
  • Industrial Services 6.80
  • Other 1.59
Geographic allocation(%)
  • United States 96.82
  • United Kingdom 2.04
  • Ireland 1.10
  • Switzerland 0.07
  • Other 0.04
  • Canada -0.07
Top holdings6
Sector (%)
1. Johnson & Johnson Drugs 6.07%
2. Lockheed Martin Corp Aerospace and Defence 5.90%
3. Raytheon Technologies Corp Aerospace and Defence 5.56%
4. Cencora Inc Healthcare Equipment 5.53%
5. L3harris Technologies Inc Aerospace and Defence 5.48%
6. Waste Management Inc Professional Services 5.05%
7. Electronic Arts Inc Information Technology 4.63%
8. Verizon Communications Inc Diversified Telecommunications 4.41%
9. Walmart Inc Retail 4.32%
10. Berkshire Hathaway Inc Cl B Insurance 4.07%
11. International Business Machines Corp Information Technology 3.85%
12. Procter & Gamble Co Consumer Non-durables 3.64%
13. Coca-Cola Co Food, Beverage and Tobacco 3.54%
14. Microsoft Corp Information Technology 3.46%
15. Duke Energy Corp Electric Utilities 3.45%
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