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iShares Premium Money Market ETF (CMR.TO) Alternatives

ETF · Currency in CAD · Last updated Jun 4, 2026

CMR.TO is an actively managed ETF by iShares. CMR.TO launched on Feb 19, 2008 and has a 0.14% expense ratio.

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 0.14% annually. There are 2 ETFs in the Money Market category with lower expense ratios, going as low as 0.11%.

SymbolNameExpense RatioAUMInception
CASH.TO
Global X High Interest Savings ETF0.11%6.70BNov 2021CMR.TO vs CASH.TO
ZMMK.TO
BMO Money Market Fund ETF Series0.13%5.70BNov 2021CMR.TO vs ZMMK.TO
ZUCM.TO
BMO USD Cash Management ETF0.14%—Sep 2023CMR.TO vs ZUCM.TO
CCAD.TO
CIBC Premium Cash Management ETF0.14%—May 2025CMR.TO vs CCAD.TO
CSAV.TO
CI High Interest Savings ETF0.15%4.71BJun 2019CMR.TO vs CSAV.TO

Best Risk-Adjusted Alternatives to CMR.TO

CMR.TO has a PortfoliosLab risk / return rank of 99. There are 5 ETFs in the Money Market category with higher risk-adjusted ranks, going as high as 100.

SymbolNameRisk / Return RankAUMInception
MNY.TO
Purpose Cash Management Fund
100
2.90BSep 2022CMR.TO vs MNY.TO
CASH.TO
Global X High Interest Savings ETF
100
6.70BNov 2021CMR.TO vs CASH.TO
PSA.TO
Purpose High Interest Savings Fund
100
4.20BOct 2013CMR.TO vs PSA.TO
CSAV.TO
CI High Interest Savings ETF
100
4.71BJun 2019CMR.TO vs CSAV.TO
ZMMK.TO
BMO Money Market Fund ETF Series
100
5.70BNov 2021CMR.TO vs ZMMK.TO

Top Performing CMR.TO Alternatives (YTD)

CMR.TO is at 0.97% YTD. There are 7 ETFs in the Money Market category with higher YTD returns, going as high as 2.78%.

SymbolNameYTD ReturnAUMInception
ZUCM.TO
BMO USD Cash Management ETF
2.78%
—Sep 2023CMR.TO vs ZUCM.TO
HSUV-U.TO
Global X USD Cash Maximizer Corporate Class ETF
1.45%
767.50MJun 2020CMR.TO vs HSUV-U.TO
MNU-U.TO
Purpose USD Cash Management ETF
1.13%
—Apr 2023CMR.TO vs MNU-U.TO
PSU-U.TO
Purpose US Cash Fund
1.05%
964.00Feb 2016CMR.TO vs PSU-U.TO
HISU-U.TO
Evolve US High Interest Savings Account Fund
1.04%
704.06MAug 2022CMR.TO vs HISU-U.TO

Lowest Volatility Alternatives to CMR.TO

CMR.TO has 0.22% 1-year volatility. There is 1 ETF in the Money Market category with lower 1-year volatility, going as low as 0.16%.

SymbolNameVolatility 1YAUMInception
MNY.TO
Purpose Cash Management Fund0.16%2.90BSep 2022CMR.TO vs MNY.TO
CASH.TO
Global X High Interest Savings ETF0.22%6.70BNov 2021CMR.TO vs CASH.TO
CSAV.TO
CI High Interest Savings ETF0.23%4.71BJun 2019CMR.TO vs CSAV.TO
PSA.TO
Purpose High Interest Savings Fund0.23%4.20BOct 2013CMR.TO vs PSA.TO
ZMMK.TO
BMO Money Market Fund ETF Series0.26%5.70BNov 2021CMR.TO vs ZMMK.TO

Lowest Drawdown Alternatives to CMR.TO

CMR.TO has a 1-year max drawdown of -0.09%. There are 8 ETFs in the Money Market category with shallower 1-year drawdowns, going as shallow as -0.02%.

SymbolNameMax Drawdown 1YAUMInception
CSAV.TO
CI High Interest Savings ETF
-0.02%
4.71BJun 2019CMR.TO vs CSAV.TO
PSA.TO
Purpose High Interest Savings Fund
-0.02%
4.20BOct 2013CMR.TO vs PSA.TO
CASH.TO
Global X High Interest Savings ETF
-0.02%
6.70BNov 2021CMR.TO vs CASH.TO
ZMMK.TO
BMO Money Market Fund ETF Series
-0.03%
5.70BNov 2021CMR.TO vs ZMMK.TO
MNY.TO
Purpose Cash Management Fund
-0.04%
2.90BSep 2022CMR.TO vs MNY.TO

Other ETFs from iShares

The 10 most viewed iShares ETFs shown here include XEQT.TO, XDIV.TO, XEI.TO and span 7 categories. AUM among these funds goes as high as $30B.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
XEQT.TO
iShares Core Equity ETF PortfolioGlobal Equities
75
12.29%
18.41BAug 2019CMR.TO vs XEQT.TO
XDIV.TO
iShares Core MSCI Canadian Quality Dividend Index ...Dividend, Large Cap Value Equities
98
19.17%
5.25BJun 2017CMR.TO vs XDIV.TO
XEI.TO
iShares S&P/TSX Composite High Dividend Index ETFCanada Equities
98
22.21%
4.02BApr 2011CMR.TO vs XEI.TO
XIC.TO
iShares Core S&P/TSX Capped Composite Index ETFCanada Equities
80
10.75%
29.66BFeb 2001CMR.TO vs XIC.TO
XIU.TO
iShares S&P/TSX 60 Index ETFLarge Cap Growth Equities
82
10.14%
22.52BSep 1999CMR.TO vs XIU.TO
XQQ.TO
iShares NASDAQ 100 Index ETF (CAD-Hedged)Nasdaq-100
66
19.81%
5.56BMay 2011CMR.TO vs XQQ.TO
XEF.TO
iShares Core MSCI EAFE IMI Index ETFGlobal Equities
47
9.95%
21.46BApr 2013CMR.TO vs XEF.TO
XGRO.TO
iShares Core Growth ETF PortfolioLarge Cap Growth Equities
67
10.38%
4.82BJun 2007CMR.TO vs XGRO.TO
XUS.TO
iShares Core S&P 500 Index ETFS&P 500
73
12.21%
12.60BApr 2013CMR.TO vs XUS.TO
XAW.TO
iShares Core MSCI All Country World ex Canada Inde...Global Equities
76
13.70%
4.25BFeb 2015CMR.TO vs XAW.TO

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.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
CBIL.TO
Global X 0-3 Month T-Bill ETFCanadian Government Bonds
99
0.85%
2.27BApr 2023CMR.TO vs CBIL.TO
XFR.TO
iShares Floating Rate Index ETFCanadian Government Bonds
98
1.00%
812.99MDec 2011CMR.TO vs XFR.TO
HSAV.TO
Global X Cash Maximizer Corporate Class ETFBank Loan
66
1.04%
1.92BFeb 2020CMR.TO vs HSAV.TO
VOO
Vanguard S&P 500 ETFS&P 500
70
10.91%
1.60TSep 2010CMR.TO vs VOO
BND
Vanguard Total Bond Market ETFTotal Bond Market
37
0.27%
389.80BApr 2007CMR.TO vs BND
VCR
Vanguard Consumer Discretionary ETFConsumer Discretionary Equities
17
-0.77%
6.70BJan 2004CMR.TO vs VCR
TCSH.TO
TD Cash Management ETFCanadian Government Bonds
99
0.85%
—Feb 2024CMR.TO vs TCSH.TO
GOVT
iShares U.S. Treasury Bond ETFGovernment Bonds
28
-0.11%
41.89BFeb 2012CMR.TO vs GOVT
SWVXX
Schwab Value Advantage Money FundMoney Market—
1.45%
248.87BAug 1993CMR.TO vs SWVXX
GCNS.TO
iShares ESG Conservative Balanced ETF PortfolioDiversified Portfolio
52
6.84%
75.91MSep 2020CMR.TO vs GCNS.TO
TQQQ
ProShares UltraPro QQQLeveraged Equities
71
64.46%
39.77BFeb 2010CMR.TO vs TQQQ
ZBI.TO
BMO Canadian Bank Income Index ETFCanadian Government Bonds
85
1.64%
—Feb 2022CMR.TO vs ZBI.TO
BRK-B
Berkshire Hathaway Inc.
23
-5.43%
——CMR.TO vs BRK-B
TBIL.TO
Harvest Canadian T-Bill ETFMoney Market
99
0.83%
—Jan 2024CMR.TO vs TBIL.TO
PFL
PIMCO Income Strategy FundMultisector Bonds
5
-4.28%
—Aug 2003CMR.TO vs PFL
ZAG.TO
BMO Aggregate Bond Index ETFCanadian Government Bonds
21
1.70%
12.80BJan 2010CMR.TO vs ZAG.TO
XMW.TO
iShares MSCI Min Vol Global Index ETFGlobal Equities
22
3.60%
178.14MJul 2012CMR.TO vs XMW.TO
XSH.TO
iShares Core Canadian Short Term Corporate Bond In...Canadian Government Bonds
53
1.33%
2.40BSep 2011CMR.TO vs XSH.TO
CMNY.TO
CI Money Market ETF CAD SeriesMoney Market
99
0.99%
—Jul 2023CMR.TO vs CMNY.TO
XSTB.TO
iShares ESG Aware Canadian Short Term Bond Index E...Canadian Government Bonds
41
0.89%
142.35MMar 2019CMR.TO vs XSTB.TO

Compare CMR.TO with Any Fund or Stock

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

 

Diversifiers

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