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 36 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%	5.19B	Jan 2018	FXM.TO vs QCN.TO
TTP.TO	TD Canadian Equity Index ETF	0.05%	6.05B	Mar 2016	FXM.TO vs TTP.TO
VCN.TO	Vanguard FTSE Canada All Cap Index ETF	0.05%	15.96B	Aug 2013	FXM.TO vs VCN.TO
DMEC.TO	Desjardins Canadian Equity Index ETF	0.05%	—	Apr 2024	FXM.TO vs DMEC.TO
HXCN.TO	Global X S&P/TSX Capped Composite Index Corporate ...	0.05%	2.23B	Feb 2020	FXM.TO vs HXCN.TO

Best Risk-Adjusted Alternatives to FXM.TO

FXM.TO has a PortfoliosLab risk / return rank of 95. There are 9 ETFs in the Canada Equities category with higher risk-adjusted ranks, going as high as 98.

Symbol	Name	Risk / Return Rank	AUM	Inception
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	98	4.02B	Apr 2011	FXM.TO vs XEI.TO
HXH.TO	Global X Canadian High Dividend Index Corporate Cl...	98	237.17M	Apr 2016	FXM.TO vs HXH.TO
XCV.TO	iShares Canadian Value Index ETF	97	235.07M	Nov 2006	FXM.TO vs XCV.TO
XDV.TO	iShares Canadian Select Dividend Index ETF	97	2.46B	Dec 2005	FXM.TO vs XDV.TO
HAL.TO	Global X Active Canadian Dividend ETF	96	123.68M	Feb 2010	FXM.TO vs HAL.TO

Top Performing FXM.TO Alternatives (YTD)

FXM.TO is at 15.45% YTD. There are 13 ETFs in the Canada Equities category with higher YTD returns, going as high as 23.53%.

Symbol	Name	YTD Return	AUM	Inception
XCS.TO	iShares S&P/TSX SmallCap Index ETF	23.53%	264.65M	May 2007	FXM.TO vs XCS.TO
CFOU.TO	BetaPro S&P/TSX Capped Financials 2x Daily Bull ET...	23.22%	77.00M	Jun 2007	FXM.TO vs CFOU.TO
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	22.21%	4.02B	Apr 2011	FXM.TO vs XEI.TO
CLSA.TO	Brompton Split Corp. Enhanced Equity Income ETF	20.72%	—	Mar 2025	FXM.TO vs CLSA.TO
HXH.TO	Global X Canadian High Dividend Index Corporate Cl...	20.31%	237.17M	Apr 2016	FXM.TO vs HXH.TO

Lowest Volatility Alternatives to FXM.TO

FXM.TO has 10.94% 1-year volatility. There are 16 ETFs in the Canada Equities category with lower 1-year volatility, going as low as 7.21%.

Symbol	Name	Volatility 1Y	AUM	Inception
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	7.21%	4.02B	Apr 2011	FXM.TO vs XEI.TO
TLV.TO	Invesco S&P/TSX Composite Low Volatility Index ETF	7.38%	99.35M	Apr 2012	FXM.TO vs TLV.TO
XDV.TO	iShares Canadian Select Dividend Index ETF	7.83%	2.46B	Dec 2005	FXM.TO vs XDV.TO
TCLV.TO	TD Q Canadian Low Volatility ETF	8.04%	118.08M	May 2020	FXM.TO vs TCLV.TO
HXH.TO	Global X Canadian High Dividend Index Corporate Cl...	8.23%	237.17M	Apr 2016	FXM.TO vs HXH.TO

Lowest Drawdown Alternatives to FXM.TO

FXM.TO has a 1-year max drawdown of -8.11%. There are 20 ETFs in the Canada Equities category with shallower 1-year drawdowns, going as shallow as -2.24%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	-2.24%	4.02B	Apr 2011	FXM.TO vs XEI.TO
HXH.TO	Global X Canadian High Dividend Index Corporate Cl...	-2.52%	237.17M	Apr 2016	FXM.TO vs HXH.TO
XCV.TO	iShares Canadian Value Index ETF	-3.86%	235.07M	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
CDZ.TO	iShares S&P/TSX Canadian Dividend Aristocrats Inde...	-4.11%	1.22B	Sep 2006	FXM.TO vs CDZ.TO

Other ETFs from CI Investments

The 6 most viewed CI Investments ETFs shown here include CIAI.TO, JAPN.TO, VXM.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	69	31.59%	—	May 2024	FXM.TO vs CIAI.TO
JAPN.TO	CI WisdomTree Japan Equity Index ETF	Japan Equities	86	19.35%	52.38M	Aug 2018	FXM.TO vs JAPN.TO
VXM.TO	CI Morningstar International Value CAD Hedged	International Equity	82	10.12%	911.96M	Nov 2014	FXM.TO vs VXM.TO
CSAV.TO	CI High Interest Savings ETF	Money Market	100	0.86%	4.71B	Jun 2019	FXM.TO vs CSAV.TO
TXF.TO	CI Tech Giants Covered Call Common	Technology Equities, Derivative Income	85	31.75%	854.47M	Oct 2011	FXM.TO vs TXF.TO
RIT.TO	CI Canadian REIT ETF	REIT	29	7.57%	424.68M	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	79	15.14%	3.08B	Jun 2020	FXM.TO vs FCUV.TO
FCCM.NEO	Fidelity Canadian Momentum Index ETF	Momentum, Canada Equities	76	9.66%	—	Jun 2020	FXM.TO vs FCCM.NEO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	Dividend	98	20.59%	7.99B	Nov 2012	FXM.TO vs VDY.TO
FCCQ.TO	Fidelity Canadian High Quality ETF	Canada Equities	62	6.62%	922.80M	Jan 2019	FXM.TO vs FCCQ.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	Dividend, Large Cap Value Equities	98	19.17%	5.25B	Jun 2017	FXM.TO vs XDIV.TO
KNGC.TO	Brompton Canadian Cash Flow Kings ETF	Large Cap Blend Equities	97	18.75%	—	May 2024	FXM.TO vs KNGC.TO
FCCV.TO	Fidelity Canadian Value ETF	Canada Equities	90	15.39%	1.06B	Jun 2020	FXM.TO vs FCCV.TO
XEQT.TO	iShares Core Equity ETF Portfolio	Global Equities	75	12.29%	18.41B	Aug 2019	FXM.TO vs XEQT.TO
XEG.TO	iShares S&P/TSX Capped Energy Index ETF	Energy Equities	86	44.34%	2.28B	Mar 2001	FXM.TO vs XEG.TO
WXM.TO	CI Morningstar Canada Momentum Index ETF	Momentum, Canada Equities	88	18.83%	1.57B	Feb 2012	FXM.TO vs WXM.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	54	3.14%	6.10B	Oct 2011	FXM.TO vs ZLB.TO
CYH.TO	iShares Global Monthly Dividend Index ETF (CAD-Hed...	Global Equities	75	9.93%	192.14M	Jan 2008	FXM.TO vs CYH.TO
HVOI.TO	Harvest Low Volatility Canadian Equity Income ETF ...	Canada Equities	48	5.50%	—	Apr 2025	FXM.TO vs HVOI.TO
XIC.TO	iShares Core S&P/TSX Capped Composite Index ETF	Canada Equities	80	10.75%	29.66B	Feb 2001	FXM.TO vs XIC.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	85	18.56%	1.72B	Oct 2011	FXM.TO vs ZDV.TO
HCA.TO	Hamilton Canadian Bank Mean Reversion Index ETF	Canada Equities	96	19.58%	96.00M	Jun 2020	FXM.TO vs HCA.TO
VCE.TO	Vanguard FTSE Canada Index ETF	Canada Equities	72	10.03%	3.48B	Nov 2011	FXM.TO vs VCE.TO
TQCD.TO	TD Q Canadian Dividend ETF	Canada Equities	93	14.98%	3.03B	Nov 2019	FXM.TO vs TQCD.TO
VFV.TO	Vanguard S&P 500 Index ETF	S&P 500	74	12.30%	32.85B	Nov 2012	FXM.TO vs VFV.TO
XMTM.TO	iShares MSCI USA Momentum Factor Index ETF	Momentum, Large Cap Blend Equities	65	33.39%	45.75M	Sep 2019	FXM.TO vs XMTM.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