FCMI.TO Alternatives & Similar ETFs

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

Cheapest Alternatives to FCMI.TO

FCMI.TO charges 0.50% annually. There are 32 ETFs in the Canada Equities category with lower expense ratios, going as low as 0.04%.

Symbol	Name	Expense Ratio	AUM	Inception
QCN.TO	Mackenzie Canadian Equity Index ETF	0.04%	5.72B	Jan 2018	FCMI.TO vs QCN.TO
TTP.TO	TD Canadian Equity Index ETF	0.05%	6.31B	Mar 2016	FCMI.TO vs TTP.TO
HXCN.TO	Global X S&P/TSX Capped Composite Index Corporate ...	0.05%	2.55B	Feb 2020	FCMI.TO vs HXCN.TO
DMEC.TO	Desjardins Canadian Equity Index ETF	0.05%	—	Apr 2024	FCMI.TO vs DMEC.TO
VCN.TO	Vanguard FTSE Canada All Cap Index ETF	0.06%	16.37B	Aug 2013	FCMI.TO vs VCN.TO

Best Risk-Adjusted Alternatives to FCMI.TO

FCMI.TO has a PortfoliosLab risk / return rank of 95. There are 17 ETFs in the Canada Equities category with higher risk-adjusted ranks, going as high as 98.

Symbol	Name	Risk / Return Rank	AUM	Inception
XCV.TO	iShares Canadian Value Index ETF	98	250.15M	Nov 2006	FCMI.TO vs XCV.TO
HXH.TO	Global X Canadian High Dividend Index Corporate Cl...	98	245.61M	Apr 2016	FCMI.TO vs HXH.TO
HCA.TO	Hamilton Canadian Bank Mean Reversion Index ETF	98	107.00M	Jun 2020	FCMI.TO vs HCA.TO
CLSA.TO	Brompton Split Corp. Enhanced Equity Income ETF	98	—	Mar 2025	FCMI.TO vs CLSA.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	98	1.09B	Oct 2020	FCMI.TO vs HCAL.TO

Top Performing FCMI.TO Alternatives (YTD)

FCMI.TO is at 9.25% YTD. There are 57 ETFs in the Canada Equities category with higher YTD returns, going as high as 55.99%.

Symbol	Name	YTD Return	AUM	Inception
CFOU.TO	BetaPro S&P/TSX Capped Financials 2x Daily Bull ET...	55.99%	86.75M	Jun 2007	FCMI.TO vs CFOU.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	46.44%	1.09B	Oct 2020	FCMI.TO vs HCAL.TO
CLSA.TO	Brompton Split Corp. Enhanced Equity Income ETF	42.34%	—	Mar 2025	FCMI.TO vs CLSA.TO
HCA.TO	Hamilton Canadian Bank Mean Reversion Index ETF	37.85%	107.00M	Jun 2020	FCMI.TO vs HCA.TO
HEWB.TO	Global X Equal Weight Canadian Banks Index Corpora...	36.46%	337.38M	Jan 2019	FCMI.TO vs HEWB.TO

Lowest Volatility Alternatives to FCMI.TO

FCMI.TO has 6.39% 1-year volatility. No ETFs in the Canada Equities category have lower 1-year volatility; the lowest-volatility alternatives shown here go as low as 7.53%.

Symbol	Name	Volatility 1Y	AUM	Inception
TLV.TO	Invesco S&P/TSX Composite Low Volatility Index ETF	7.53%	103.58M	Apr 2012	FCMI.TO vs TLV.TO
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	8.03%	4.25B	Apr 2011	FCMI.TO vs XEI.TO
TCLV.TO	TD Q Canadian Low Volatility ETF	8.24%	121.83M	May 2020	FCMI.TO vs TCLV.TO
HXH.TO	Global X Canadian High Dividend Index Corporate Cl...	8.45%	245.61M	Apr 2016	FCMI.TO vs HXH.TO
HVOI.TO	Harvest Low Volatility Canadian Equity Income ETF ...	8.70%	—	Apr 2025	FCMI.TO vs HVOI.TO

Lowest Drawdown Alternatives to FCMI.TO

FCMI.TO has a 1-year max drawdown of -3.62%. There is 1 ETF in the Canada Equities category with a shallower 1-year drawdown, going as shallow as -2.52%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
HXH.TO	Global X Canadian High Dividend Index Corporate Cl...	-2.52%	245.61M	Apr 2016	FCMI.TO vs HXH.TO
XCV.TO	iShares Canadian Value Index ETF	-3.84%	250.15M	Nov 2006	FCMI.TO vs XCV.TO
TLV.TO	Invesco S&P/TSX Composite Low Volatility Index ETF	-4.07%	103.58M	Apr 2012	FCMI.TO vs TLV.TO
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	-4.22%	4.25B	Apr 2011	FCMI.TO vs XEI.TO
PXC.TO	Invesco RAFI Canadian Index ETF	-4.64%	250.75M	Jan 2012	FCMI.TO vs PXC.TO

Other ETFs from Fidelity

The 10 most viewed Fidelity ETFs shown here include FEQT.NEO, FINN.NEO, FCCM.NEO and span 9 categories. AUM among these funds goes as high as $9B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
FEQT.NEO	Fidelity All-in-One Equity ETF Fund	Diversified Portfolio	82	12.75%	—	Jan 2022	FCMI.TO vs FEQT.NEO
FINN.NEO	Fidelity Global Innovators ETF	Global Equities	89	40.98%	—	May 2023	FCMI.TO vs FINN.NEO
FCCM.NEO	Fidelity Canadian Momentum Index ETF	Momentum, Canada Equities	87	11.38%	—	Jun 2020	FCMI.TO vs FCCM.NEO
FBTC.TO	Fidelity Advantage Bitcoin ETF	Cryptocurrency	2	-24.22%	1.20B	Nov 2021	FCMI.TO vs FBTC.TO
FCUV.TO	Fidelity U.S. Value ETF	Large Cap Value Equities	90	17.80%	3.82B	Jun 2020	FCMI.TO vs FCUV.TO
FBAL.NEO	Fidelity All-in-One Balanced ETF	Diversified Portfolio	78	8.35%	9.45B	Jan 2021	FCMI.TO vs FBAL.NEO
FGRO.NEO	Fidelity All-in-One Growth ETF	Diversified Portfolio	79	10.79%	4.95B	Jan 2021	FCMI.TO vs FGRO.NEO
FCIM.NEO	Fidelity International Momentum Index ETF	Momentum, International Equity	78	20.84%	—	Jun 2020	FCMI.TO vs FCIM.NEO
FCMO.NEO	Fidelity US Momentum ETF	Momentum, Large Cap Growth Equities	58	20.14%	—	Jun 2020	FCMI.TO vs FCMO.NEO
FCIV.TO	Fidelity International Value ETF	Foreign Large Cap Equities	88	18.43%	2.31B	Jun 2025	FCMI.TO vs FCIV.TO

Compare FCMI.TO with Any Fund or Stock

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

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Diversifiers

Pair FCMI.TO with funds that move differently

Fidelity Canadian Monthly High Income ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FCMI.TO.

Explore FCMI.TO Diversifiers

Fidelity Canadian Monthly High Income ETF (FCMI.TO) Alternatives