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CI U.S. Minimum Downside Volatility Index ETF (Hedged Common Units) (CUDV.TO) ETF Analysis

CUDV.TO

Expense ratio 0.34% Yield 1.52% Assets CA$7.67M Since January 19, 2023 Family CI Investments Inc

Last Updated: October 20, 2026

CA$26.53

CA$0.00 (0.00%)

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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CUDV.TO Annualized Returns

With dividends reinvested · as of October 20, 2026

Period	Total return	Annualized	CA$100 becomes	CA$300 becomes
1 year	+3.27%	+3.27%	CA$103.27	CA$309.82
3 years	+44.84%	+13.14%	CA$144.84	CA$434.53
Since January 19, 2023	+41.15%	+9.62%	CA$141.15	CA$423.45

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

CUDV.TO Return by Calendar Year

2026 is a partial year

+2.29%+19.74%+3.31%

2023202420252026*

View as table ↓View as chart ↑

Year	Return
2026 (partial year)	+3.31%
2025	+11.56%
2024	+19.74%
2023	+2.29%

CUDV.TO Monthly Returns

−5%+6%

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2026	+3.6	+4.2	−4.9	−2.1	−1.7	−1.0	+1.8	+3.4	−3.3	+3.7	—	—
2025	+0.6	+5.2	+0.8	−0.9	+0.2	+0.1	+0.2	+2.7	+1.8	−0.8	+2.3	−0.9
2024	+3.8	+1.3	+2.3	−3.5	+0.9	+1.3	+5.2	+4.7	+2.2	−0.5	+5.1	−4.2
2023	—	−3.2	−1.8	+5.1	−4.3	+2.9	+1.0	−2.0	+0.8	−4.2	+5.0	+1.2

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

CUDV.TO Volatility & Risk

Volatility: 3 yrs · Beta: 3 yrs

Annualized volatility: 10.77%
Beta (3y): 0.14
Best year: +19.74%
Worst year: +2.29%

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

Top Holdings

#	Symbol	Name	Weight
1	AAPL	Apple Inc	7.16%
2	JNJ	Johnson & Johnson	6.14%
3	VZ	Verizon Communications Inc	5.37%
4	MSFT	Microsoft Corp	5.26%
5	RTX	RTX Corp	5.12%
6	WM	Waste Management Inc	4.9%
7	BRK-B	Berkshire Hathaway Inc Class B	4.7%
8	LMT	Lockheed Martin Corp	4.57%
9	COR	Cencora Inc	4.55%
10	KO	Coca-Cola Co	4.38%

Analysis

Data-derived

Fund Overview

CI U.S. Minimum Downside Volatility Index ETF (Hedged Common Units) (CUDV.TO) is an exchange-traded fund. The fund is issued by CI Investments Inc. The inception date on file is January 19, 2023. The fund holds CA$7.67M in total net assets. Annual costs run at an expense ratio of 0.34%. On a CA$10,000 position that is CA$34.00 a year.

Its biggest positions are Apple Inc (AAPL), Johnson & Johnson (JNJ), and Verizon Communications Inc (VZ). Apple Inc alone accounts for 7.16% of the portfolio. The ten largest positions together make up 52.14% of the fund.

Performance Analysis

The most recent close on file for CUDV.TO is CA$26.53, dated October 20, 2026. The trailing one-year total return is +3.27%. Measured over 3 years, that is +13.14% a year compounded. The trailing distribution yield is 1.52%.

The strongest complete calendar year on file is 2024 at +19.74%; the weakest is 2023 at +2.29%. Of the 3 complete calendar years on file, 3 finished higher. So far in 2026 the total return is +3.31%.

Price & Risk Profile

The 52-week range on file runs from CA$25.18 to CA$28.02. The latest close sits 5.36% above that 52-week low. Daily returns over the trailing 3 years annualize to a volatility of 10.77%. The reported beta is 0.14. 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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