Key stats
About CIBC Qx U.S. Low Volatility Dividend ETF
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Inception date
Nov 16, 2021
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Primary advisor
CIBC Asset Management, Inc.
ISIN
CA12547B1004
The fund seeks current income and long-term capital growth from an actively managed, low volatility portfolio of dividend-paying US securities. Holdings are selected and weighted using a proprietary analysis that focuses on a stocks historical standard deviation and dividend yield. In addition to equities, units of ETFs that support the funds overall objective may also be included. During market downturns, the funds strategy may shift temporarily from its primary target by investing in cash or cash equivalents, as well as fixed income securities issued or guaranteed by the Canadian or US government, or companies. Derivatives such as options, futures, swaps, and forward contracts may also be used for both hedging and non-hedging purposes. The fund is part of CIBCs low volatility dividend suite along with CQLC and CQLI that provide exposure to Canadian and international equity markets, respectively.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Utilities
Consumer Non-Durables
Stocks99.70%
Finance25.09%
Utilities17.84%
Consumer Non-Durables17.53%
Technology Services7.33%
Electronic Technology6.43%
Industrial Services6.20%
Health Technology3.86%
Retail Trade2.75%
Consumer Services2.60%
Process Industries1.92%
Communications1.92%
Producer Manufacturing1.91%
Health Services1.24%
Distribution Services1.18%
Transportation1.18%
Commercial Services0.71%
Bonds, Cash & Other0.30%
Cash0.30%
Stock breakdown by region
North America94.96%
Europe5.04%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
CQLU invests in stocks. The fund's major sectors are Finance, with 25.09% stocks, and Utilities, with 17.84% of the basket. The assets are mostly located in the North America region.
CQLU top holdings are Altria Group, Inc. and Kinder Morgan Inc Class P, occupying 2.93% and 2.73% of the portfolio correspondingly.
CQLU assets under management is 905.57 M CAD. It's fallen 3.34% over the last month.
CQLU fund flows account for 952.79 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, CQLU doesn't pay dividends to its holders.
CQLU shares are issued by Canadian Imperial Bank of Commerce under the brand CIBC. The ETF was launched on Nov 16, 2021, and its management style is Active.
CQLU expense ratio is 0.34% meaning you'd have to pay 0.34% of your investment to help manage the fund.
CQLU follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
CQLU invests in stocks.
CQLU price has fallen by −3.55% over the last month, and its yearly performance shows a −14.12% decrease. See more dynamics on CQLU price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −3.52% over the last month, showed a 0.30% increase in three-month performance and has decreased by −14.19% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −3.52% over the last month, showed a 0.30% increase in three-month performance and has decreased by −14.19% in a year.
CQLU trades at a premium (0.18%) meaning the ETF is trading at a higher price than the calculated NAV.