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%	1.44B	Apr 2023	CIC.TO vs HEB.TO
XUSF.TO	iShares S&P U.S. Financials Index ETF	0.25%	—	Sep 2023	CIC.TO vs XUSF.TO
HXF.TO	Global X S&P/TSX Capped Financials Index Corporate...	0.25%	132.91M	Sep 2013	CIC.TO vs HXF.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	0.25%	7.20B	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 9 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	1.09B	Oct 2020	CIC.TO vs HCAL.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	98	—	Jul 2023	CIC.TO vs HBNK.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	98	7.20B	Oct 2009	CIC.TO vs ZEB.TO

Top Performing CIC.TO Alternatives (YTD)

CIC.TO is at 27.57% YTD. There are 13 ETFs in the Financials Equities category with higher YTD returns, going as high as 49.68%.

Symbol	Name	YTD Return	AUM	Inception
CFOU.TO	BetaPro S&P/TSX Capped Financials 2x Daily Bull ET...	49.68%	86.75M	Jun 2007	CIC.TO vs CFOU.TO
CBNK.TO	Mulvihill Canadian Bank Enhanced Yield ETF	45.98%	—	Feb 2022	CIC.TO vs CBNK.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	42.24%	1.09B	Oct 2020	CIC.TO vs HCAL.TO
BNKL.TO	Global X Enhanced Equal Weight Banks Index ETF	41.88%	—	Jul 2023	CIC.TO vs BNKL.TO
RBNK.TO	RBC Canadian Bank Yield Index ETF	34.39%	508.88M	Oct 2017	CIC.TO vs RBNK.TO

Lowest Volatility Alternatives to CIC.TO

CIC.TO has 11.85% 1-year volatility. There is 1 ETF in the Financials Equities category with lower 1-year volatility, going as low as 9.15%.

Symbol	Name	Volatility 1Y	AUM	Inception
FIE.TO	iShares Canadian Financial Monthly Income ETF	9.15%	1.44B	Apr 2010	CIC.TO vs FIE.TO
HPYB.TO	Harvest Premium Yield Canadian Bank ETF	11.92%	—	Jan 2026	CIC.TO vs HPYB.TO
ZWB.TO	BMO Covered Call Canadian Banks ETF	11.96%	4.84B	Jan 2011	CIC.TO vs ZWB.TO
CEW.TO	iShares Equal Weight Banc & Lifeco ETF	12.01%	435.32M	Feb 2008	CIC.TO vs CEW.TO
XFN.TO	iShares S&P/TSX Capped Financials Index ETF	12.41%	2.34B	Mar 2001	CIC.TO vs XFN.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%	435.32M	Feb 2008	CIC.TO vs CEW.TO
FIE.TO	iShares Canadian Financial Monthly Income ETF	-7.19%	1.44B	Apr 2010	CIC.TO vs FIE.TO
XFN.TO	iShares S&P/TSX Capped Financials Index ETF	-7.80%	2.34B	Mar 2001	CIC.TO vs XFN.TO
ZWB.TO	BMO Covered Call Canadian Banks ETF	-7.82%	4.84B	Jan 2011	CIC.TO vs ZWB.TO
HXF.TO	Global X S&P/TSX Capped Financials Index Corporate...	-7.94%	132.91M	Sep 2013	CIC.TO vs HXF.TO

Other ETFs from CI

The 10 most viewed CI ETFs shown here include CCOM.TO, CEQT.TO, CGXF.TO and span 11 categories. AUM among these funds goes as high as $464M.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
CCOM.TO	CI Auspice Broad Commodity Fund ETF Hedged Units	Commodities	69	13.15%	—	May 2023	CIC.TO vs CCOM.TO
CEQT.TO	CI Equity Asset Allocation ETF	Diversified Portfolio	92	13.84%	—	May 2023	CIC.TO vs CEQT.TO
CGXF.TO	CI Gold+ Giants Covered Call ETF Common	Gold, Precious Metals	24	-13.26%	249.45M	Mar 2022	CIC.TO vs CGXF.TO
VXM-B.TO	CI Morningstar International Value Index ETF (Unhe...	Foreign Small & Mid Cap Equities	80	11.21%	—	Nov 2014	CIC.TO vs VXM-B.TO
NXF.TO	CI Energy Giants Covered Call ETF Common Units (CA...	Energy Equities, Derivative Income	45	24.97%	127.47M	Feb 2015	CIC.TO vs NXF.TO
CMNY.TO	CI Money Market ETF CAD Series	Money Market	99	1.25%	—	Jul 2023	CIC.TO vs CMNY.TO
CEQP.TO	CI Equity+ Asset Allocation ETF	Diversified Portfolio	—	—	—	Jan 2026	CIC.TO vs CEQP.TO
CBCX.TO	CI Galaxy Blockchain Index ETF CAD	Blockchain	13	0.81%	—	Apr 2022	CIC.TO vs CBCX.TO
CINF.TO	CI Global Infrastructure Private Pool	Utilities Equities	87	17.94%	464.13M	May 2020	CIC.TO vs CINF.TO
EHE.TO	CI Europe Hedged Equity Index ETF	Europe Equities	32	6.93%	2.96M	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 20 comparison targets span 13 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	18	2.02%	193.20M	Feb 2024	CIC.TO vs FMAX.TO
SIXY.TO	Evolve Big Six Canadian Banks UltraYield Index ETF	Financials Equities	—	32.04%	—	Dec 2025	CIC.TO vs SIXY.TO
HBA.TO	Hamilton Australian Bank Equal-Weight Index ETF	Financials Equities	21	5.15%	135.50M	Jun 2020	CIC.TO vs HBA.TO
BKCL.TO	Global X Enhanced Equal Weight Canadian Banks Cove...	Financials Equities, Derivative Income	97	29.97%	198.10M	Jul 2023	CIC.TO vs BKCL.TO
ZXM.TO	CI Morningstar International Momentum Index ETF Co...	Momentum, Foreign Large Cap Equities	81	13.84%	150.80M	Nov 2014	CIC.TO vs ZXM.TO
ZWK.TO	BMO Covered Call US Banks ETF	Financials Equities	60	16.62%	359.99M	Feb 2019	CIC.TO vs ZWK.TO
EBNK.TO	Evolve European Banks Enhanced Yield ETF Hedged CA...	Financials Equities, Derivative Income	65	13.11%	147.56M	Jan 2022	CIC.TO vs EBNK.TO
HFIN.TO	Hamilton Enhanced Canadian Financials ETF	Financials Equities	97	28.48%	490.40M	Jan 2022	CIC.TO vs HFIN.TO
FHI.TO	CI Health Care Giants Covered Call ETF	Derivative Income	35	4.00%	131.53M	Mar 2022	CIC.TO vs FHI.TO
SOLX.TO	CI Galaxy Solana ETF	Cryptocurrency	—	—	—	Oct 2024	CIC.TO vs SOLX.TO
CGRA.TO	CI Global Real Asset Private Pool	Global Allocation	83	15.59%	9.11M	May 2020	CIC.TO vs CGRA.TO
CAGG.TO	CI Canadian Aggregate Bond Index ETF	Total Bond Market	31	1.29%	762.19M	Jun 2017	CIC.TO vs CAGG.TO
CGAA.TO	CI Global Asset Allocation Private Pool	Global Allocation	41	3.68%	22.05M	Jul 2020	CIC.TO vs CGAA.TO
CXF.TO	CI Canadian Convertible Bond ETF	Convertible Bonds	34	2.19%	60.65M	Jun 2011	CIC.TO vs CXF.TO
CMEY.TO	CI Marret Alternative Enhanced Yield Fund	Nontraditional Bonds	55	1.84%	6.89M	May 2020	CIC.TO vs CMEY.TO
ETHX-U.TO	CI Galaxy Ethereum ETF (US$ Series)	Cryptocurrency	5	-40.23%	40.79M	Aug 2025	CIC.TO vs ETHX-U.TO
FPR.TO	CI Preferred Share ETF	Preferred Stock/Convertible Bonds	92	7.39%	60.01M	May 2016	CIC.TO vs FPR.TO
LONG.TO	CI Global Longevity Economy Fund	Health & Biotech Equities	37	7.95%	4.49M	Jun 2020	CIC.TO vs LONG.TO
CGRE.TO	CI Global REIT Private Pool	REIT	48	14.04%	47.46M	May 2020	CIC.TO vs CGRE.TO
IQD.TO	CI International Quality Dividend Growth Index ETF	Dividend	37	7.62%	120.90M	Jul 2016	CIC.TO vs IQD.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