TSX · CAD · ETF

CI Global Minimum Downside Volatility Index Fund (Hedged Common Units) (CGDV.TO) ETF Analysis

CGDV.TO

Expense ratio 0.39% Yield 2% Assets CA$248.68M Since January 19, 2023 Family CI Investments Inc

Last Updated: October 20, 2026

CA$26.18

+CA$0.15 (+0.58%)

October 20, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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CGDV.TO Annualized Returns

With dividends reinvested · as of October 20, 2026

Period	Total return	Annualized	CA$100 becomes	CA$300 becomes
1 year	+8.61%	+8.61%	CA$108.61	CA$325.84
3 years	+45.80%	+13.39%	CA$145.80	CA$437.39
Since January 25, 2023	+41.31%	+9.70%	CA$141.31	CA$423.93

Returns are total returns computed from daily closes, with dividends reinvested. As of October 20, 2026.

CGDV.TO Return by Calendar Year

2026 is a partial year

+3.92%+13.25%+9.43%

2023202420252026*

View as table ↓View as chart ↑

Year	Return
2026 (partial year)	+9.43%
2025	+13.25%
2024	+9.73%
2023	+3.92%

CGDV.TO Monthly Returns

−5%+7%

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2026	+5.6	+6.4	−4.2	+0.2	−1.0	−0.5	+2.9	−0.4	−4.1	+4.8	—	—
2025	+2.6	+3.2	+1.6	+1.2	+0.3	−0.1	+1.3	+2.3	−0.3	−1.2	+2.0	−0.2
2024	+3.6	+1.2	+2.7	−1.9	−0.7	+1.9	+3.1	+3.4	+1.0	−1.8	+1.5	−4.5
2023	—	−0.8	+1.9	+2.1	−3.5	+2.8	+0.4	−2.2	−3.2	−1.1	+4.8	+1.6

Monthly total returns with dividends reinvested; each cell prints its signed value.

CGDV.TO Volatility & Risk

Volatility: 3 yrs · Beta: 3 yrs

Annualized volatility: 8.77%
Beta (3y): 0.16
Best year: +13.25%
Worst year: +3.92%

Volatility is the annualized standard deviation of daily returns. As of October 20, 2026.

Top Holdings

#	Symbol	Name	Weight
1	JNJ	Johnson & Johnson	6.22%
2	RPRX	Royalty Pharma PLC Class A	6%
3	BRK-B	Berkshire Hathaway Inc Class B	5.82%
4	2638.HK	HK Electric Investments and HK Electric Investments Ltd Stapled Secs Cons o	5.3%
5	SCMN.SW	Swisscom AG	5%
6	GD	General Dynamics Corp	4.94%
7	2702.T	McDonald's Holdings Co (Japan) Ltd	4.42%
8	WM	Waste Management Inc	4.33%
9	RSG	Republic Services Inc	4.18%
10	LMT	Lockheed Martin Corp	4.17%

Analysis

Data-derived

Fund Overview

CI Global Minimum Downside Volatility Index Fund (Hedged Common Units) (CGDV.TO) is an exchange-traded fund. The fund is issued by CI Investments Inc. It has been trading since January 19, 2023. Total net assets stand at CA$248.68M. The expense ratio is 0.39%. On a CA$10,000 position that is CA$39.00 a year.

Its biggest positions are Johnson & Johnson (JNJ), Royalty Pharma PLC Class A (RPRX), and Berkshire Hathaway Inc Class B (BRK-B). Johnson & Johnson alone accounts for 6.22% of the portfolio. The ten largest positions together make up 50.39% of the fund.

Performance Analysis

CGDV.TO last closed at CA$26.18 on October 20, 2026. Over the trailing twelve months the total return is +8.61%. Measured over 3 years, that is +13.39% a year compounded. The trailing distribution yield is 2%.

So far in 2026 the total return is +9.43%. The strongest complete calendar year on file is 2025 at +13.25%; the weakest is 2023 at +3.92%. Of the 3 complete calendar years on file, 3 finished higher.

Price & Risk Profile

Annualized volatility over the trailing 3 years is 8.77%. The reported beta is 0.16. Over the past 52 weeks the price has ranged from CA$23.78 to CA$27.37. The latest close sits 10.09% above that 52-week low. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 20, 2026.

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