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About CI U.S. Minimum Downside Volatility Index ETF Trust Units -Hedged-
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Inception date
Jan 19, 2023
Structure
Canadian Mutual Fund Trust (ON)
Solactive US Minimum Downside Volatility Hedged to CAD Index NTR - CAD - Benchmark TR Net
Dividend treatment
Distributes
Primary advisor
CI Investments, Inc.
ISIN
CA12569L1013
The fund tracks an index of US stocks of various capitalization that exhibit lower downside volatility over the broader equity market. Through an optimizer, the passively managed fund seeks to hold a portfolio with a target number of stocks, as well as avoiding excessive sector concentration and index turnover. The underlying index minimizes downside volatility by selecting and weighting stocks through an optimized approach and the covariance matrix. The optimizer takes into consideration constraints for securities, sectors, and returns. The index is rebalanced semi-annually every January and July.
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
Technology Services
Finance
Communications
Stocks99.69%
Technology Services20.35%
Finance11.97%
Communications11.49%
Electronic Technology9.64%
Retail Trade8.67%
Consumer Non-Durables8.44%
Utilities7.20%
Health Technology6.25%
Distribution Services5.30%
Industrial Services4.69%
Consumer Services3.37%
Process Industries1.16%
Health Services0.34%
Transportation0.26%
Producer Manufacturing0.23%
Commercial Services0.17%
Non-Energy Minerals0.06%
Consumer Durables0.06%
Energy Minerals0.06%
Bonds, Cash & Other0.31%
Miscellaneous0.20%
Cash0.10%
Stock breakdown by region
North America98.82%
Europe1.18%
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
CUDV invests in stocks. The fund's major sectors are Technology Services, with 20.35% stocks, and Finance, with 11.97% of the basket. The assets are mostly located in the North America region.
CUDV top holdings are International Business Machines Corporation and Microsoft Corporation, occupying 5.92% and 5.52% of the portfolio correspondingly.
CUDV last dividends amounted to 0.09 CAD. The quarter before, the issuer paid 0.08 CAD in dividends, which shows a 13.79% increase.
CUDV assets under management is 6.44 M CAD. It's fallen 1.36% over the last month.
CUDV fund flows account for −2.36 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.
Yes, CUDV pays dividends to its holders with the dividend yield of 1.46%. The last dividend (Sep 29, 2025) amounted to 0.09 CAD. The dividends are paid quarterly.
CUDV shares are issued by CI Financial Corp. under the brand CI. The ETF was launched on Jan 19, 2023, and its management style is Passive.
CUDV expense ratio is 0.35% meaning you'd have to pay 0.35% of your investment to help manage the fund.
CUDV follows the Solactive US Minimum Downside Volatility Hedged to CAD Index NTR - CAD - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
CUDV invests in stocks.
CUDV price has fallen by −0.84% over the last month, and its yearly performance shows a 7.17% increase. See more dynamics on CUDV price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.49% over the last month, have fallen by −0.49% over the last month, showed a 0.22% increase in three-month performance and has increased by 10.04% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −0.49% over the last month, have fallen by −0.49% over the last month, showed a 0.22% increase in three-month performance and has increased by 10.04% in a year.
CUDV trades at a premium (0.08%) meaning the ETF is trading at a higher price than the calculated NAV.