FXM.TO Alternatives & Similar ETFs

CI Morningstar Canada Value Index ETF (FXM.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 FXM.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to FXM.TO

FXM.TO charges 0.64% annually. There are 39 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%	5.53B	Jan 2018	FXM.TO vs QCN.TO
DMEC.TO	Desjardins Canadian Equity Index ETF	0.05%	—	Apr 2024	FXM.TO vs DMEC.TO
TTP.TO	TD Canadian Equity Index ETF	0.05%	6.22B	Mar 2016	FXM.TO vs TTP.TO
HXCN.TO	Global X S&P/TSX Capped Composite Index Corporate ...	0.05%	2.31B	Feb 2020	FXM.TO vs HXCN.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	0.06%	16.91B	May 2009	FXM.TO vs ZCN.TO

Best Risk-Adjusted Alternatives to FXM.TO

FXM.TO has a PortfoliosLab risk / return rank of 94. There are 15 ETFs in the Canada Equities category with higher risk-adjusted ranks, going as high as 98.

Symbol	Name	Risk / Return Rank	AUM	Inception
HXH.TO	Global X Canadian High Dividend Index Corporate Cl...	98	241.91M	Apr 2016	FXM.TO vs HXH.TO
XCV.TO	iShares Canadian Value Index ETF	98	238.82M	Nov 2006	FXM.TO vs XCV.TO
HCA.TO	Hamilton Canadian Bank Mean Reversion Index ETF	98	105.70M	Jun 2020	FXM.TO vs HCA.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	98	1.06B	Oct 2020	FXM.TO vs HCAL.TO
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	97	4.13B	Apr 2011	FXM.TO vs XEI.TO

Top Performing FXM.TO Alternatives (YTD)

FXM.TO is at 13.17% YTD. There are 23 ETFs in the Canada Equities category with higher YTD returns, going as high as 42.22%.

Symbol	Name	YTD Return	AUM	Inception
CFOU.TO	BetaPro S&P/TSX Capped Financials 2x Daily Bull ET...	42.22%	86.85M	Jun 2007	FXM.TO vs CFOU.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	37.50%	1.06B	Oct 2020	FXM.TO vs HCAL.TO
CLSA.TO	Brompton Split Corp. Enhanced Equity Income ETF	33.59%	—	Mar 2025	FXM.TO vs CLSA.TO
HCA.TO	Hamilton Canadian Bank Mean Reversion Index ETF	31.63%	105.70M	Jun 2020	FXM.TO vs HCA.TO
HEWB.TO	Global X Equal Weight Canadian Banks Index Corpora...	29.89%	326.90M	Jan 2019	FXM.TO vs HEWB.TO

Lowest Volatility Alternatives to FXM.TO

FXM.TO has 11.11% 1-year volatility. There are 17 ETFs in the Canada Equities category with lower 1-year volatility, going as low as 7.42%.

Symbol	Name	Volatility 1Y	AUM	Inception
TLV.TO	Invesco S&P/TSX Composite Low Volatility Index ETF	7.42%	99.35M	Apr 2012	FXM.TO vs TLV.TO
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	7.91%	4.13B	Apr 2011	FXM.TO vs XEI.TO
TCLV.TO	TD Q Canadian Low Volatility ETF	8.18%	120.67M	May 2020	FXM.TO vs TCLV.TO
HXH.TO	Global X Canadian High Dividend Index Corporate Cl...	8.34%	241.91M	Apr 2016	FXM.TO vs HXH.TO
XDV.TO	iShares Canadian Select Dividend Index ETF	8.63%	2.57B	Dec 2005	FXM.TO vs XDV.TO

Lowest Drawdown Alternatives to FXM.TO

FXM.TO has a 1-year max drawdown of -8.11%. There are 23 ETFs in the Canada Equities category with shallower 1-year drawdowns, 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%	241.91M	Apr 2016	FXM.TO vs HXH.TO
XCV.TO	iShares Canadian Value Index ETF	-3.84%	238.82M	Nov 2006	FXM.TO vs XCV.TO
TLV.TO	Invesco S&P/TSX Composite Low Volatility Index ETF	-4.07%	99.35M	Apr 2012	FXM.TO vs TLV.TO
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	-4.22%	4.13B	Apr 2011	FXM.TO vs XEI.TO
PXC.TO	Invesco RAFI Canadian Index ETF	-4.64%	245.79M	Jan 2012	FXM.TO vs PXC.TO

Other ETFs from CI Investments

The 6 most viewed CI Investments ETFs shown here include CIAI.TO, VXM.TO, JAPN.TO and span 6 categories. AUM among these funds goes as high as $5B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
CIAI.TO	CI Global Artificial Intelligence ETF	Technology Equities	56	24.98%	—	May 2024	FXM.TO vs CIAI.TO
VXM.TO	CI Morningstar International Value CAD Hedged	International Equity	86	9.44%	995.46M	Nov 2014	FXM.TO vs VXM.TO
JAPN.TO	CI WisdomTree Japan Equity Index ETF	Japan Equities	91	19.34%	55.88M	Aug 2018	FXM.TO vs JAPN.TO
CSAV.TO	CI High Interest Savings ETF	Money Market	99	0.97%	4.63B	Jun 2019	FXM.TO vs CSAV.TO
TXF.TO	CI Tech Giants Covered Call Common	Technology Equities, Derivative Income	70	23.56%	864.60M	Oct 2011	FXM.TO vs TXF.TO
RIT.TO	CI Canadian REIT ETF	REIT	43	11.28%	432.79M	Nov 2004	FXM.TO vs RIT.TO

Often Compared With FXM.TO

Investors most often compare FXM.TO with FCUV.TO, FCCM.NEO, VDY.TO. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
FCUV.TO	Fidelity U.S. Value ETF	Large Cap Value Equities	84	15.93%	3.49B	Jun 2020	FXM.TO vs FCUV.TO
FCCM.NEO	Fidelity Canadian Momentum Index ETF	Momentum, Canada Equities	79	9.13%	—	Jun 2020	FXM.TO vs FCCM.NEO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	Dividend	98	23.93%	7.99B	Nov 2012	FXM.TO vs VDY.TO
FCCQ.TO	Fidelity Canadian High Quality ETF	Canada Equities	67	5.82%	967.80M	Jan 2019	FXM.TO vs FCCQ.TO
FCCV.TO	Fidelity Canadian Value ETF	Canada Equities	91	13.80%	1.15B	Jun 2020	FXM.TO vs FCCV.TO
VCN.TO	Vanguard FTSE Canada All Cap Index ETF	Canada Equities	82	10.34%	15.96B	Aug 2013	FXM.TO vs VCN.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	Dividend, Large Cap Value Equities	98	20.61%	5.54B	Jun 2017	FXM.TO vs XDIV.TO
XCS.TO	iShares S&P/TSX SmallCap Index ETF	Canada Equities	56	13.79%	257.14M	May 2007	FXM.TO vs XCS.TO
KNGC.TO	Brompton Canadian Cash Flow Kings ETF	Large Cap Blend Equities	95	13.18%	—	May 2024	FXM.TO vs KNGC.TO
XEQT.TO	iShares Core Equity ETF Portfolio	Global Equities	81	12.77%	19.56B	Aug 2019	FXM.TO vs XEQT.TO
WXM.TO	CI Morningstar Canada Momentum Index ETF	Momentum, Canada Equities	85	13.84%	1.60B	Feb 2012	FXM.TO vs WXM.TO
XEG.TO	iShares S&P/TSX Capped Energy Index ETF	Energy Equities, Canada Equities	60	26.17%	2.38B	Mar 2001	FXM.TO vs XEG.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	51	7.81%	6.18B	Oct 2011	FXM.TO vs ZLB.TO
CYH.TO	iShares Global Monthly Dividend Index ETF (CAD-Hed...	Global Equities	78	10.17%	189.74M	Jan 2008	FXM.TO vs CYH.TO
HVOI.TO	Harvest Low Volatility Canadian Equity Income ETF ...	Canada Equities	73	9.25%	—	Apr 2025	FXM.TO vs HVOI.TO
XIC.TO	iShares Core S&P/TSX Capped Composite Index ETF	Canada Equities	83	10.67%	30.44B	Feb 2001	FXM.TO vs XIC.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	97	19.41%	1.83B	Oct 2011	FXM.TO vs ZDV.TO
VCE.TO	Vanguard FTSE Canada Index ETF	Canada Equities	78	10.72%	3.48B	Nov 2011	FXM.TO vs VCE.TO
VFV.TO	Vanguard S&P 500 Index ETF	S&P 500	74	11.92%	32.85B	Nov 2012	FXM.TO vs VFV.TO
TQCD.TO	TD Q Canadian Dividend ETF	Canada Equities	93	14.29%	3.17B	Nov 2019	FXM.TO vs TQCD.TO

Compare FXM.TO with Any Fund or Stock

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

Symbol name

Diversifiers

Pair FXM.TO with funds that move differently

CI Morningstar Canada Value Index ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FXM.TO.

Explore FXM.TO Diversifiers

CI Morningstar Canada Value Index ETF (FXM.TO) Alternatives