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%	1.39B	Apr 2023	FIE.TO vs HEB.TO
XUSF.TO	iShares S&P U.S. Financials Index ETF	0.25%	—	Sep 2023	FIE.TO vs XUSF.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	0.25%	6.15B	Oct 2009	FIE.TO vs ZEB.TO
HXF.TO	Global X S&P/TSX Capped Financials Index Corporate...	0.25%	130.84M	Sep 2013	FIE.TO vs HXF.TO

Best Risk-Adjusted Alternatives to FIE.TO

FIE.TO has a PortfoliosLab risk / return rank of 90. 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	1.06B	Oct 2020	FIE.TO vs HCAL.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	97	—	Jul 2023	FIE.TO vs HBNK.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	97	6.15B	Oct 2009	FIE.TO vs ZEB.TO

Top Performing FIE.TO Alternatives (YTD)

FIE.TO is at 14.56% YTD. There are 17 ETFs in the Financials Equities category with higher YTD returns, going as high as 43.47%.

Symbol	Name	YTD Return	AUM	Inception
CFOU.TO	BetaPro S&P/TSX Capped Financials 2x Daily Bull ET...	43.47%	86.85M	Jun 2007	FIE.TO vs CFOU.TO
CBNK.TO	Mulvihill Canadian Bank Enhanced Yield ETF	41.95%	—	Feb 2022	FIE.TO vs CBNK.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	38.28%	1.06B	Oct 2020	FIE.TO vs HCAL.TO
BNKL.TO	Global X Enhanced Equal Weight Banks Index ETF	37.19%	—	Jul 2023	FIE.TO vs BNKL.TO
RBNK.TO	RBC Canadian Bank Yield Index ETF	31.29%	485.97M	Oct 2017	FIE.TO vs RBNK.TO

Lowest Volatility Alternatives to FIE.TO

FIE.TO has 9.02% 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 11.40%.

Symbol	Name	Volatility 1Y	AUM	Inception
CIC.TO	CI Canadian Banks Covered Call Income Class ETF	11.40%	348.36M	Aug 2010	FIE.TO vs CIC.TO
ZWB.TO	BMO Covered Call Canadian Banks ETF	11.51%	4.65B	Jan 2011	FIE.TO vs ZWB.TO
CEW.TO	iShares Equal Weight Banc & Lifeco ETF	11.79%	419.44M	Feb 2008	FIE.TO vs CEW.TO
XFN.TO	iShares S&P/TSX Capped Financials Index ETF	12.20%	2.28B	Mar 2001	FIE.TO vs XFN.TO
BKCL.TO	Global X Enhanced Equal Weight Canadian Banks Cove...	12.75%	197.22M	Jul 2023	FIE.TO vs BKCL.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%	419.44M	Feb 2008	FIE.TO vs CEW.TO
XFN.TO	iShares S&P/TSX Capped Financials Index ETF	-7.80%	2.28B	Mar 2001	FIE.TO vs XFN.TO
ZWB.TO	BMO Covered Call Canadian Banks ETF	-7.82%	4.65B	Jan 2011	FIE.TO vs ZWB.TO
HXF.TO	Global X S&P/TSX Capped Financials Index Corporate...	-7.94%	130.84M	Sep 2013	FIE.TO vs HXF.TO
CIC.TO	CI Canadian Banks Covered Call Income Class ETF	-8.23%	348.36M	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 $30B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
XEQT.TO	iShares Core Equity ETF Portfolio	Global Equities	80	12.92%	19.56B	Aug 2019	FIE.TO vs XEQT.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	Dividend, Large Cap Value Equities	98	21.65%	5.54B	Jun 2017	FIE.TO vs XDIV.TO
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	Canada Equities	97	23.82%	4.13B	Apr 2011	FIE.TO vs XEI.TO
XIC.TO	iShares Core S&P/TSX Capped Composite Index ETF	Canada Equities	81	11.29%	30.44B	Feb 2001	FIE.TO vs XIC.TO
XIU.TO	iShares S&P/TSX 60 Index ETF	Canada Equities	86	11.72%	22.98B	Sep 1999	FIE.TO vs XIU.TO
XQQ.TO	iShares NASDAQ 100 Index ETF (CAD-Hedged)	Nasdaq-100	44	14.79%	5.60B	May 2011	FIE.TO vs XQQ.TO
XEF.TO	iShares Core MSCI EAFE IMI Index ETF	Foreign Large Cap Equities	54	12.09%	22.44B	Apr 2013	FIE.TO vs XEF.TO
XGRO.TO	iShares Core Growth ETF Portfolio	Diversified Portfolio	69	10.64%	4.97B	Jun 2007	FIE.TO vs XGRO.TO
XUS.TO	iShares Core S&P 500 Index ETF	S&P 500	71	11.90%	12.94B	Apr 2013	FIE.TO vs XUS.TO
XAW.TO	iShares Core MSCI All Country World ex Canada Inde...	Global Equities	76	14.02%	4.47B	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 7 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	95	17.83%	2.47B	Jan 2023	FIE.TO vs HMAX.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	Dividend	98	24.99%	7.99B	Nov 2012	FIE.TO vs VDY.TO
FTN.TO	Financial 15 Split Corp.		98	40.34%	—	—	FIE.TO vs FTN.TO
VFV.TO	Vanguard S&P 500 Index ETF	S&P 500	72	11.93%	32.85B	Nov 2012	FIE.TO vs VFV.TO
XTR.TO	iShares Diversified Monthly Income ETF	Diversified Portfolio	58	7.59%	378.56M	Dec 2005	FIE.TO vs XTR.TO
FSZ.TO	Fiera Capital Corporation		29	-12.09%	—	—	FIE.TO vs FSZ.TO
SBC.TO	Brompton Split Banc Corp.		99	82.11%	—	—	FIE.TO vs SBC.TO
SCHD	Schwab U.S. Dividend Equity ETF	Dividend	77	17.72%	99.95B	Oct 2011	FIE.TO vs SCHD
FRU.TO	Freehold Royalties Ltd.		88	11.14%	—	—	FIE.TO vs FRU.TO
PDS	Precision Drilling Corporation		88	16.00%	—	—	FIE.TO vs PDS
VOO	Vanguard S&P 500 ETF	S&P 500	59	8.19%	1.70T	Sep 2010	FIE.TO vs VOO
RSI.TO	Rogers Sugar Inc.		87	17.39%	—	—	FIE.TO vs RSI.TO
DIV.TO	Diversified Royalty Corp.		96	36.56%	—	—	FIE.TO vs DIV.TO
PZA.TO	Pizza Pizza Royalty Corp.		24	-15.73%	—	—	FIE.TO vs PZA.TO
SAP.TO	Saputo Inc.		90	-0.76%	—	—	FIE.TO vs SAP.TO
ZWH.TO	BMO US High Dividend Covered Call ETF	Derivative Income	82	13.02%	1.14B	Feb 2014	FIE.TO vs ZWH.TO
ZIU.TO	BMO S&P/TSX 60 Index ETF	Canada Equities	87	11.55%	—	Sep 2023	FIE.TO vs ZIU.TO
CPD.TO	iShares S&P/TSX Canadian Preferred Share Index ETF	Preferred Stock/Convertible Bonds	93	4.16%	1.07B	Apr 2007	FIE.TO vs CPD.TO
VCE.TO	Vanguard FTSE Canada Index ETF	Canada Equities	77	11.17%	3.48B	Nov 2011	FIE.TO vs VCE.TO
VCB.TO	Vanguard Canadian Corporate Bond Index ETF	Corporate Bonds	34	1.62%	802.07M	Jan 2017	FIE.TO vs VCB.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