Key stats
About CIBC QX CANADIAN 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.
The fund seeks current income and long-term capital growth from an actively managed, low volatility portfolio of dividend-paying Canadian securities. Holdings are selected and weighted using a proprietary analysis that focuses on a stock’s historical standard deviation and dividend yield. In addition to equities, units of ETFs that support the fund’s overall objective may also be included. During market downturns, the fund’s 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 CIBC’s low volatility dividend suite along with CQLU and CQLI that provide exposure to US and international equity markets, respectively.
Classification
What's in the fund
Exposure type
Finance
Utilities
Industrial Services
Retail Trade
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
CQLC trades at 23.40 CAD today, its price hasn't changed in the past 24 hours. Track more dynamics on CQLC price chart.
CQLC net asset value is 23.33 today — it's risen 3.69% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
CQLC assets under management is 580.04 M CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
CQLC price has risen by 3.54% over the last month, and its yearly performance shows a 19.33% increase. See more dynamics on CQLC price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.69% over the last month, showed a 6.30% increase in three-month performance and has increased by 19.47% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.69% over the last month, showed a 6.30% increase in three-month performance and has increased by 19.47% in a year.
CQLC fund flows account for 548.64 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
CQLC invests in stocks. See more details in our Analysis section.
CQLC expense ratio is 0.34%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, CQLC isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, CQLC technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating CQLC shows the strong buy signal. See more of CQLC technicals for a more comprehensive analysis.
Today, CQLC technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating CQLC shows the strong buy signal. See more of CQLC technicals for a more comprehensive analysis.
No, CQLC doesn't pay dividends to its holders.
CQLC trades at a premium (0.11%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
CQLC shares are issued by Canadian Imperial Bank of Commerce
CQLC follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Nov 16, 2021.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.