CIC.TO Alternatives & Similar ETFs

CI Canadian Banks Covered Call Income Class ETF (CIC.TO) belongs to the Financials Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with CIC.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to CIC.TO

CIC.TO charges 0.87% annually. There are 14 ETFs in the Financials Equities category with lower expense ratios, going as low as 0.09%.

Symbol	Name	Expense Ratio	AUM	Inception
HBNK.TO	Global X Equal Weight Banks Index ETF	0.09%	—	Jul 2023	CIC.TO vs HBNK.TO
HEB.TO	Hamilton Canadian Bank Equal-Weight Index ETF	0.19%	1.39B	Apr 2023	CIC.TO vs HEB.TO
HXF.TO	Global X S&P/TSX Capped Financials Index Corporate...	0.25%	130.84M	Sep 2013	CIC.TO vs HXF.TO
XUSF.TO	iShares S&P U.S. Financials Index ETF	0.25%	—	Sep 2023	CIC.TO vs XUSF.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	0.25%	6.15B	Oct 2009	CIC.TO vs ZEB.TO

Best Risk-Adjusted Alternatives to CIC.TO

CIC.TO has a PortfoliosLab risk / return rank of 97. There are 8 ETFs in the Financials Equities category with higher risk-adjusted ranks, going as high as 98.

Symbol	Name	Risk / Return Rank	AUM	Inception
CBNK.TO	Mulvihill Canadian Bank Enhanced Yield ETF	98	—	Feb 2022	CIC.TO vs CBNK.TO
BNKL.TO	Global X Enhanced Equal Weight Banks Index ETF	98	—	Jul 2023	CIC.TO vs BNKL.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	98	1.06B	Oct 2020	CIC.TO vs HCAL.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	97	—	Jul 2023	CIC.TO vs HBNK.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	97	6.15B	Oct 2009	CIC.TO vs ZEB.TO

Top Performing CIC.TO Alternatives (YTD)

CIC.TO is at 24.90% YTD. There are 12 ETFs in the Financials Equities category with higher YTD returns, going as high as 43.47%.

Symbol	Name	YTD Return	AUM	Inception
CFOU.TO	BetaPro S&P/TSX Capped Financials 2x Daily Bull ET...	43.47%	86.85M	Jun 2007	CIC.TO vs CFOU.TO
CBNK.TO	Mulvihill Canadian Bank Enhanced Yield ETF	41.95%	—	Feb 2022	CIC.TO vs CBNK.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	38.28%	1.06B	Oct 2020	CIC.TO vs HCAL.TO
BNKL.TO	Global X Enhanced Equal Weight Banks Index ETF	37.19%	—	Jul 2023	CIC.TO vs BNKL.TO
RBNK.TO	RBC Canadian Bank Yield Index ETF	31.29%	485.97M	Oct 2017	CIC.TO vs RBNK.TO

Lowest Volatility Alternatives to CIC.TO

CIC.TO has 11.40% 1-year volatility. There is 1 ETF in the Financials Equities category with lower 1-year volatility, going as low as 9.02%.

Symbol	Name	Volatility 1Y	AUM	Inception
FIE.TO	iShares Canadian Financial Monthly Income ETF	9.02%	1.40B	Apr 2010	CIC.TO vs FIE.TO
ZWB.TO	BMO Covered Call Canadian Banks ETF	11.51%	4.65B	Jan 2011	CIC.TO vs ZWB.TO
CEW.TO	iShares Equal Weight Banc & Lifeco ETF	11.79%	419.44M	Feb 2008	CIC.TO vs CEW.TO
XFN.TO	iShares S&P/TSX Capped Financials Index ETF	12.20%	2.28B	Mar 2001	CIC.TO vs XFN.TO
BKCL.TO	Global X Enhanced Equal Weight Canadian Banks Cove...	12.75%	197.22M	Jul 2023	CIC.TO vs BKCL.TO

Lowest Drawdown Alternatives to CIC.TO

CIC.TO has a 1-year max drawdown of -8.23%. There are 5 ETFs in the Financials Equities category with shallower 1-year drawdowns, going as shallow as -7.13%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
CEW.TO	iShares Equal Weight Banc & Lifeco ETF	-7.13%	419.44M	Feb 2008	CIC.TO vs CEW.TO
FIE.TO	iShares Canadian Financial Monthly Income ETF	-7.19%	1.40B	Apr 2010	CIC.TO vs FIE.TO
XFN.TO	iShares S&P/TSX Capped Financials Index ETF	-7.80%	2.28B	Mar 2001	CIC.TO vs XFN.TO
ZWB.TO	BMO Covered Call Canadian Banks ETF	-7.82%	4.65B	Jan 2011	CIC.TO vs ZWB.TO
HXF.TO	Global X S&P/TSX Capped Financials Index Corporate...	-7.94%	130.84M	Sep 2013	CIC.TO vs HXF.TO

Other ETFs from CI

The 9 most viewed CI ETFs shown here include CCOM.TO, CEQT.TO, CGXF.TO and span 10 categories. AUM among these funds goes as high as $244M.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
CCOM.TO	CI Auspice Broad Commodity Fund ETF Hedged Units	Commodities	52	11.27%	—	May 2023	CIC.TO vs CCOM.TO
CEQT.TO	CI Equity Asset Allocation ETF	Diversified Portfolio	91	13.60%	—	May 2023	CIC.TO vs CEQT.TO
CGXF.TO	CI Gold+ Giants Covered Call ETF Common	Gold, Precious Metals	24	-8.39%	243.61M	Mar 2022	CIC.TO vs CGXF.TO
VXM-B.TO	CI Morningstar International Value Index ETF (Unhe...	Foreign Small & Mid Cap Equities	79	10.47%	—	Nov 2014	CIC.TO vs VXM-B.TO
NXF.TO	CI Energy Giants Covered Call ETF Common Units (CA...	Energy Equities, Derivative Income	39	19.97%	116.28M	Feb 2015	CIC.TO vs NXF.TO
CMNY.TO	CI Money Market ETF CAD Series	Money Market	99	1.11%	—	Jul 2023	CIC.TO vs CMNY.TO
CBCX.TO	CI Galaxy Blockchain Index ETF CAD	Blockchain	31	16.84%	—	Apr 2022	CIC.TO vs CBCX.TO
CEQP.TO	CI Equity+ Asset Allocation ETF	Diversified Portfolio	—	—	—	Jan 2026	CIC.TO vs CEQP.TO
EHE.TO	CI Europe Hedged Equity Index ETF	Europe Equities	39	7.29%	3.03M	Aug 2017	CIC.TO vs EHE.TO

Often Compared With CIC.TO

Investors most often compare CIC.TO with FMAX.TO, SIXY.TO, HBA.TO. These 11 comparison targets span 7 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
FMAX.TO	Hamilton U.S. Financials Yield Maximizer ETF	Financials Equities	15	-0.97%	188.90M	Feb 2024	CIC.TO vs FMAX.TO
SIXY.TO	Evolve Big Six Canadian Banks UltraYield Index ETF	Financials Equities	—	28.03%	—	Dec 2025	CIC.TO vs SIXY.TO
HBA.TO	Hamilton Australian Bank Equal-Weight Index ETF	Financials Equities	17	2.64%	134.70M	Jun 2020	CIC.TO vs HBA.TO
ZXM.TO	CI Morningstar International Momentum Index ETF Co...	Momentum, Foreign Large Cap Equities	84	16.72%	155.25M	Nov 2014	CIC.TO vs ZXM.TO
ZWK.TO	BMO Covered Call US Banks ETF	Financials Equities	61	14.60%	360.23M	Feb 2019	CIC.TO vs ZWK.TO
EBNK.TO	Evolve European Banks Enhanced Yield ETF Hedged CA...	Financials Equities, Derivative Income	58	11.40%	146.10M	Jan 2022	CIC.TO vs EBNK.TO
HFIN.TO	Hamilton Enhanced Canadian Financials ETF	Financials Equities	95	24.47%	466.70M	Jan 2022	CIC.TO vs HFIN.TO
SOLX.TO	CI Galaxy Solana ETF	Cryptocurrency	—	—	—	Oct 2024	CIC.TO vs SOLX.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	Dividend	98	24.99%	7.99B	Nov 2012	CIC.TO vs VDY.TO
BANK.TO	Evolve Canadian Banks and Lifecos Enhanced Yield I...	Derivative Income	97	27.46%	1.16B	Feb 2022	CIC.TO vs BANK.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	Dividend, Large Cap Value Equities	98	21.65%	5.54B	Jun 2017	CIC.TO vs XDIV.TO

Compare CIC.TO with Any Fund or Stock

Compare CIC.TO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair CIC.TO with funds that move differently

CI Canadian Banks Covered Call Income Class ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CIC.TO.

Explore CIC.TO Diversifiers

CI Canadian Banks Covered Call Income Class ETF (CIC.TO) Alternatives