iShares Premium Money Market ETF (CMR.TO) belongs to the Money Market category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with CMR.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CMR.TO
CMR.TO charges 0.13% annually. There is 1 ETF in the Money Market category with a lower expense ratio, going as low as 0.11%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Global X High Interest Savings ETF | 0.11% | 6.67B | Nov 2021 | CMR.TO vs CASH.TO | |
| BMO Money Market Fund ETF Series | 0.13% | 5.68B | Nov 2021 | CMR.TO vs ZMMK.TO | |
| BMO USD Cash Management ETF | 0.14% | — | Sep 2023 | CMR.TO vs ZUCM.TO | |
| CIBC Premium Cash Management ETF | 0.14% | — | May 2025 | CMR.TO vs CCAD.TO | |
| Evolve High Interest Savings Account ETF | 0.15% | 2.68B | Nov 2019 | CMR.TO vs HISA.NEO |
Best Risk-Adjusted Alternatives to CMR.TO
CMR.TO has a PortfoliosLab risk / return rank of 100. There are 3 ETFs in the Money Market category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Evolve US High Interest Savings Account Fund | 100 | 698.22M | Aug 2022 | CMR.TO vs HISU-U.TO | |
| Purpose US Cash Fund | 100 | 943.00 | Feb 2016 | CMR.TO vs PSU-U.TO | |
| Purpose Cash Management Fund | 100 | 2.90B | Sep 2022 | CMR.TO vs MNY.TO | |
| Purpose USD Cash Management ETF | 100 | — | Apr 2023 | CMR.TO vs MNU-U.TO | |
| Global X High Interest Savings ETF | 99 | 6.67B | Nov 2021 | CMR.TO vs CASH.TO |
Top Performing CMR.TO Alternatives (YTD)
CMR.TO is at 1.11% YTD. There are 5 ETFs in the Money Market category with higher YTD returns, going as high as 5.28%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| BMO USD Cash Management ETF | 5.28% | — | Sep 2023 | CMR.TO vs ZUCM.TO | |
| Purpose USD Cash Management ETF | 1.74% | — | Apr 2023 | CMR.TO vs MNU-U.TO | |
| Purpose US Cash Fund | 1.64% | 943.00 | Feb 2016 | CMR.TO vs PSU-U.TO | |
| Evolve US High Interest Savings Account Fund | 1.61% | 698.22M | Aug 2022 | CMR.TO vs HISU-U.TO | |
| Global X USD Cash Maximizer Corporate Class ETF | 1.38% | 768.88M | Jun 2020 | CMR.TO vs HSUV-U.TO |
Lowest Volatility Alternatives to CMR.TO
CMR.TO has 0.20% 1-year volatility. There are 2 ETFs in the Money Market category with lower 1-year volatility, going as low as 0.16%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Purpose Cash Management Fund | 0.16% | 2.90B | Sep 2022 | CMR.TO vs MNY.TO | |
| Evolve US High Interest Savings Account Fund | 0.19% | 698.22M | Aug 2022 | CMR.TO vs HISU-U.TO | |
| Purpose US Cash Fund | 0.21% | 943.00 | Feb 2016 | CMR.TO vs PSU-U.TO | |
| Global X High Interest Savings ETF | 0.23% | 6.67B | Nov 2021 | CMR.TO vs CASH.TO | |
| Harvest Canadian T-Bill ETF | 0.25% | — | Jan 2024 | CMR.TO vs TBIL.TO |
Lowest Drawdown Alternatives to CMR.TO
CMR.TO has a 1-year max drawdown of -0.02%. There is 1 ETF in the Money Market category with a shallower 1-year drawdown, going as shallow as -0.01%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Evolve US High Interest Savings Account Fund | -0.01% | 698.22M | Aug 2022 | CMR.TO vs HISU-U.TO | |
| Purpose High Interest Savings Fund | -0.02% | 4.10B | Oct 2013 | CMR.TO vs PSA.TO | |
| CI High Interest Savings ETF | -0.02% | 4.63B | Jun 2019 | CMR.TO vs CSAV.TO | |
| Global X High Interest Savings ETF | -0.02% | 6.67B | Nov 2021 | CMR.TO vs CASH.TO | |
| BMO Money Market Fund ETF Series | -0.04% | 5.68B | Nov 2021 | CMR.TO vs ZMMK.TO |
Other ETFs from iShares
The 10 most viewed iShares ETFs shown here include XEQT.TO, XDIV.TO, XEI.TO and span 8 categories. AUM among these funds goes as high as $30B.
Often Compared With CMR.TO
Investors most often compare CMR.TO with CBIL.TO, XFR.TO, HSAV.TO. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare CMR.TO with Any Fund or Stock
Compare CMR.TO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CMR.TO with funds that move differently
iShares Premium Money Market ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CMR.TO.
Explore CMR.TO Diversifiers