FIE.TO Alternatives & Similar ETFs

iShares Canadian Financial Monthly Income ETF (FIE.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 FIE.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to FIE.TO

FIE.TO charges 0.74% annually. There are 13 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	FIE.TO vs HBNK.TO
HEB.TO	Hamilton Canadian Bank Equal-Weight Index ETF	0.19%	1.44B	Apr 2023	FIE.TO vs HEB.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	0.25%	7.20B	Oct 2009	FIE.TO vs ZEB.TO
HXF.TO	Global X S&P/TSX Capped Financials Index Corporate...	0.25%	132.91M	Sep 2013	FIE.TO vs HXF.TO
XUSF.TO	iShares S&P U.S. Financials Index ETF	0.25%	—	Sep 2023	FIE.TO vs XUSF.TO

Best Risk-Adjusted Alternatives to FIE.TO

FIE.TO has a PortfoliosLab risk / return rank of 94. There are 15 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	FIE.TO vs CBNK.TO
BNKL.TO	Global X Enhanced Equal Weight Banks Index ETF	98	—	Jul 2023	FIE.TO vs BNKL.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	98	1.09B	Oct 2020	FIE.TO vs HCAL.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	98	—	Jul 2023	FIE.TO vs HBNK.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	98	7.20B	Oct 2009	FIE.TO vs ZEB.TO

Top Performing FIE.TO Alternatives (YTD)

FIE.TO is at 17.43% YTD. There are 16 ETFs in the Financials Equities category with higher YTD returns, going as high as 51.40%.

Symbol	Name	YTD Return	AUM	Inception
CFOU.TO	BetaPro S&P/TSX Capped Financials 2x Daily Bull ET...	51.40%	86.75M	Jun 2007	FIE.TO vs CFOU.TO
CBNK.TO	Mulvihill Canadian Bank Enhanced Yield ETF	47.03%	—	Feb 2022	FIE.TO vs CBNK.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	43.53%	1.09B	Oct 2020	FIE.TO vs HCAL.TO
BNKL.TO	Global X Enhanced Equal Weight Banks Index ETF	41.88%	—	Jul 2023	FIE.TO vs BNKL.TO
RBNK.TO	RBC Canadian Bank Yield Index ETF	35.30%	508.88M	Oct 2017	FIE.TO vs RBNK.TO

Lowest Volatility Alternatives to FIE.TO

FIE.TO has 9.14% 1-year volatility. No ETFs in the Financials Equities category have lower 1-year volatility; the lowest-volatility alternatives shown here go as low as 11.84%.

Symbol	Name	Volatility 1Y	AUM	Inception
CIC.TO	CI Canadian Banks Covered Call Income Class ETF	11.84%	358.67M	Aug 2010	FIE.TO vs CIC.TO
HPYB.TO	Harvest Premium Yield Canadian Bank ETF	11.87%	—	Jan 2026	FIE.TO vs HPYB.TO
ZWB.TO	BMO Covered Call Canadian Banks ETF	11.96%	4.84B	Jan 2011	FIE.TO vs ZWB.TO
CEW.TO	iShares Equal Weight Banc & Lifeco ETF	11.99%	435.32M	Feb 2008	FIE.TO vs CEW.TO
XFN.TO	iShares S&P/TSX Capped Financials Index ETF	12.40%	2.34B	Mar 2001	FIE.TO vs XFN.TO

Lowest Drawdown Alternatives to FIE.TO

FIE.TO has a 1-year max drawdown of -7.19%. There is 1 ETF in the Financials Equities category with a shallower 1-year drawdown, 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	FIE.TO vs CEW.TO
XFN.TO	iShares S&P/TSX Capped Financials Index ETF	-7.80%	2.34B	Mar 2001	FIE.TO vs XFN.TO
ZWB.TO	BMO Covered Call Canadian Banks ETF	-7.82%	4.84B	Jan 2011	FIE.TO vs ZWB.TO
HXF.TO	Global X S&P/TSX Capped Financials Index Corporate...	-7.94%	132.91M	Sep 2013	FIE.TO vs HXF.TO
CIC.TO	CI Canadian Banks Covered Call Income Class ETF	-8.23%	358.67M	Aug 2010	FIE.TO vs CIC.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 $31B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
XEQT.TO	iShares Core Equity ETF Portfolio	Global Equities	85	13.88%	20.34B	Aug 2019	FIE.TO vs XEQT.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	Dividend, Large Cap Value Equities	98	25.21%	5.78B	Jun 2017	FIE.TO vs XDIV.TO
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	Canada Equities	98	26.33%	4.25B	Apr 2011	FIE.TO vs XEI.TO
XIC.TO	iShares Core S&P/TSX Capped Composite Index ETF	Canada Equities	88	12.69%	31.16B	Feb 2001	FIE.TO vs XIC.TO
XIU.TO	iShares S&P/TSX 60 Index ETF	Canada Equities	92	13.59%	23.77B	Sep 1999	FIE.TO vs XIU.TO
XQQ.TO	iShares NASDAQ 100 Index ETF (CAD-Hedged)	Nasdaq-100	43	15.75%	5.51B	May 2011	FIE.TO vs XQQ.TO
XEF.TO	iShares Core MSCI EAFE IMI Index ETF	Foreign Large Cap Equities	61	12.66%	22.53B	Apr 2013	FIE.TO vs XEF.TO
XGRO.TO	iShares Core Growth ETF Portfolio	Diversified Portfolio	74	11.24%	5.03B	Jun 2007	FIE.TO vs XGRO.TO
XUS.TO	iShares Core S&P 500 Index ETF	S&P 500	77	13.50%	13.11B	Apr 2013	FIE.TO vs XUS.TO
XAW.TO	iShares Core MSCI All Country World ex Canada Inde...	Global Equities	80	14.66%	4.49B	Feb 2015	FIE.TO vs XAW.TO

Often Compared With FIE.TO

Investors most often compare FIE.TO with HMAX.TO, VDY.TO, FTN.TO. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
HMAX.TO	Hamilton Canadian Financials Yield Maximizer ETF	Derivative Income	96	20.57%	2.53B	Jan 2023	FIE.TO vs HMAX.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	Dividend	99	28.26%	8.59B	Nov 2012	FIE.TO vs VDY.TO
FTN.TO	Financial 15 Split Corp.		99	52.67%	—	—	FIE.TO vs FTN.TO
VFV.TO	Vanguard S&P 500 Index ETF	S&P 500	78	13.57%	34.09B	Nov 2012	FIE.TO vs VFV.TO
XTR.TO	iShares Diversified Monthly Income ETF	Diversified Portfolio	66	8.11%	374.81M	Dec 2005	FIE.TO vs XTR.TO
FSZ.TO	Fiera Capital Corporation		17	-11.59%	—	—	FIE.TO vs FSZ.TO
SBC.TO	Brompton Split Banc Corp.		99	90.43%	—	—	FIE.TO vs SBC.TO
SCHD	Schwab U.S. Dividend Equity ETF	Dividend	83	19.32%	98.55B	Oct 2011	FIE.TO vs SCHD
FRU.TO	Freehold Royalties Ltd.		87	11.29%	—	—	FIE.TO vs FRU.TO
PDS	Precision Drilling Corporation		86	15.25%	—	—	FIE.TO vs PDS
VOO	Vanguard S&P 500 ETF	S&P 500	67	10.87%	1.70T	Sep 2010	FIE.TO vs VOO
RSI.TO	Rogers Sugar Inc.		91	19.62%	—	—	FIE.TO vs RSI.TO
DIV.TO	Diversified Royalty Corp.		94	26.27%	—	—	FIE.TO vs DIV.TO
PZA.TO	Pizza Pizza Royalty Corp.		23	-14.44%	—	—	FIE.TO vs PZA.TO
SAP.TO	Saputo Inc.		91	-0.84%	—	—	FIE.TO vs SAP.TO
ZIU.TO	BMO S&P/TSX 60 Index ETF	Canada Equities	92	13.55%	—	Sep 2023	FIE.TO vs ZIU.TO
ZWH.TO	BMO US High Dividend Covered Call ETF	Derivative Income	80	11.93%	1.15B	Feb 2014	FIE.TO vs ZWH.TO
CPD.TO	iShares S&P/TSX Canadian Preferred Share Index ETF	Preferred Stock/Convertible Bonds	94	5.36%	1.08B	Apr 2007	FIE.TO vs CPD.TO
VCE.TO	Vanguard FTSE Canada Index ETF	Canada Equities	87	12.93%	3.54B	Nov 2011	FIE.TO vs VCE.TO
SYLD.TO	Purpose Strategic Yield Fund		96	3.22%	521.60M	—	FIE.TO vs SYLD.TO

Compare FIE.TO with Any Fund or Stock

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

Symbol name

Diversifiers

Pair FIE.TO with funds that move differently

iShares Canadian Financial Monthly Income ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FIE.TO.

Explore FIE.TO Diversifiers

iShares Canadian Financial Monthly Income ETF (FIE.TO) Alternatives