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

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$261.49M.

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 5.38% of the portfolio. The ten largest positions together make up 48.67% of the fund.

Performance Analysis

CGDV.TO last closed at CA$26.28 on September 4, 2026. Over the trailing twelve months the price has returned +9.14%. Measured over 3 years, that is +11.60% a year compounded. The trailing distribution yield is 1.88%.

So far in 2026 the price is +9.25%. 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 8.78%. The reported beta is 0.22. Over the past 52 weeks the price has ranged from CA$23.78 to CA$27.37. The latest close sits 10.51% above that 52-week low. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.