Key stats
About CIBC QX CANADIAN LOW VOLATILITY DIVIDEND ETF
Home page
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
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
Industrial Services
Retail Trade
Stocks98.30%
Finance42.11%
Utilities18.35%
Industrial Services10.55%
Retail Trade10.39%
Communications9.02%
Technology Services3.92%
Distribution Services2.65%
Transportation1.32%
Bonds, Cash & Other1.70%
UNIT1.51%
Cash0.20%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
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
CQLC invests in stocks. The fund's major sectors are Finance, with 42.11% stocks, and Utilities, with 18.35% of the basket. The assets are mostly located in the North America region.
CQLC top holdings are Power Corporation of Canada and Hydro One Limited, occupying 3.90% and 3.68% of the portfolio correspondingly.
CQLC assets under management is 580.04 M CAD. It's risen 5.33% over the last month.
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.
No, CQLC doesn't pay dividends to its holders.
CQLC 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.
CQLC expense ratio is 0.34% meaning you'd have to pay 0.34% of your investment to help manage the fund.
CQLC follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
CQLC invests in stocks.
CQLC price has risen by 3.59% 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 trades at a premium (0.11%) meaning the ETF is trading at a higher price than the calculated NAV.