QXM.TO Alternatives & Similar ETFs

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

Cheapest Alternatives to QXM.TO

QXM.TO charges 0.57% annually. There are 42 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%	5.73B	Jan 2018	QXM.TO vs QCN.TO
TTP.TO	TD Canadian Equity Index ETF	0.05%	6.29B	Mar 2016	QXM.TO vs TTP.TO
HXCN.TO	Global X S&P/TSX Capped Composite Index Corporate ...	0.05%	2.56B	Feb 2020	QXM.TO vs HXCN.TO
DMEC.TO	Desjardins Canadian Equity Index ETF	0.05%	—	Apr 2024	QXM.TO vs DMEC.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	0.06%	17.36B	May 2009	QXM.TO vs ZCN.TO

Best Risk-Adjusted Alternatives to QXM.TO

QXM.TO has a PortfoliosLab risk / return rank of 60. There are 68 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	251.33M	Apr 2016	QXM.TO vs HXH.TO
XCV.TO	iShares Canadian Value Index ETF	98	251.97M	Nov 2006	QXM.TO vs XCV.TO
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	98	4.29B	Apr 2011	QXM.TO vs XEI.TO
CLSA.TO	Brompton Split Corp. Enhanced Equity Income ETF	98	—	Mar 2025	QXM.TO vs CLSA.TO
HCA.TO	Hamilton Canadian Bank Mean Reversion Index ETF	98	110.00M	Jun 2020	QXM.TO vs HCA.TO

Top Performing QXM.TO Alternatives (YTD)

QXM.TO is at 5.90% YTD. There are 72 ETFs in the Canada Equities category with higher YTD returns, going as high as 47.74%.

Symbol	Name	YTD Return	AUM	Inception
CFOU.TO	BetaPro S&P/TSX Capped Financials 2x Daily Bull ET...	47.74%	88.84M	Jun 2007	QXM.TO vs CFOU.TO
XEG.TO	iShares S&P/TSX Capped Energy Index ETF	44.98%	2.42B	Mar 2001	QXM.TO vs XEG.TO
CBNK.TO	Mulvihill Canadian Bank Enhanced Yield ETF	43.96%	—	Feb 2022	QXM.TO vs CBNK.TO
CLSA.TO	Brompton Split Corp. Enhanced Equity Income ETF	41.36%	—	Mar 2025	QXM.TO vs CLSA.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	40.72%	1.13B	Oct 2020	QXM.TO vs HCAL.TO

Lowest Volatility Alternatives to QXM.TO

QXM.TO has 13.99% 1-year volatility. There are 56 ETFs in the Canada Equities category with lower 1-year volatility, going as low as 6.44%.

Symbol	Name	Volatility 1Y	AUM	Inception
FCMI.TO	Fidelity Canadian Monthly High Income ETF	6.44%	12.40M	Jan 2020	QXM.TO vs FCMI.TO
TLV.TO	Invesco S&P/TSX Composite Low Volatility Index ETF	7.59%	103.58M	Apr 2012	QXM.TO vs TLV.TO
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	8.09%	4.29B	Apr 2011	QXM.TO vs XEI.TO
TCLV.TO	TD Q Canadian Low Volatility ETF	8.36%	125.24M	May 2020	QXM.TO vs TCLV.TO
PDF.TO	Purpose Core Dividend Fund	8.38%	473.40M	Sep 2013	QXM.TO vs PDF.TO

Lowest Drawdown Alternatives to QXM.TO

QXM.TO has a 1-year max drawdown of -9.38%. There are 51 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%	251.33M	Apr 2016	QXM.TO vs HXH.TO
FCMI.TO	Fidelity Canadian Monthly High Income ETF	-3.62%	12.40M	Jan 2020	QXM.TO vs FCMI.TO
XCV.TO	iShares Canadian Value Index ETF	-3.84%	251.97M	Nov 2006	QXM.TO vs XCV.TO
PDC.TO	Invesco Canadian Dividend Index ETF	-3.86%	1.05B	Apr 2011	QXM.TO vs PDC.TO
TLV.TO	Invesco S&P/TSX Composite Low Volatility Index ETF	-4.07%	103.58M	Apr 2012	QXM.TO vs TLV.TO

Other ETFs from CI Global Asset Management

The 10 most viewed CI Global Asset Management ETFs shown here include BTCX-B.TO, VALT.TO, WXM.TO and span 17 categories. AUM among these funds goes as high as $2B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
BTCX-B.TO	CI Galaxy Bitcoin ETF C$ Unhedged Series Units	Cryptocurrency	2	-25.01%	709.05M	Mar 2021	QXM.TO vs BTCX-B.TO
VALT.TO	CI Gold Bullion ETF	Gold, Precious Metals	25	-6.93%	—	Jan 2021	QXM.TO vs VALT.TO
WXM.TO	CI Morningstar Canada Momentum Index ETF	Momentum, Canada Equities	90	14.58%	1.57B	Feb 2012	QXM.TO vs WXM.TO
CLML.TO	CI Global Climate Leaders Fund	Alternative Energy Equities, Sustainable, Global Equities, Actively Managed, Energy Equities	68	25.72%	—	Jul 2021	QXM.TO vs CLML.TO
CMGG.TO	CI Munro Global Growth Equity Fund	Global Equities	42	12.52%	—	Jan 2021	QXM.TO vs CMGG.TO
ZXM.TO	CI Morningstar International Momentum Index ETF Co...	Momentum, Foreign Large Cap Equities	80	13.64%	147.25M	Nov 2014	QXM.TO vs ZXM.TO
QQCI.TO	Invesco NASDAQ 100 Income Advantage ETF	Nasdaq-100, Derivative Income, Options Trading, Actively Managed	73	12.05%	63.79M	Aug 2024	QXM.TO vs QQCI.TO
CMDO.TO	CI Alternative Diversified Opportunities Fund	Nontraditional Bonds, Multisector Bonds, High Yield Bonds, Actively Managed	71	1.93%	—	Aug 2021	QXM.TO vs CMDO.TO
CCCX.TO	CI Galaxy Core Multi-Crypto ETF	Cryptocurrency	—	-31.77%	—	Aug 2025	QXM.TO vs CCCX.TO
ETHX.TO	CI Galaxy Ethereum ETF CAD Hedged Series	Cryptocurrency	—	-38.42%	—	Aug 2025	QXM.TO vs ETHX.TO

Often Compared With QXM.TO

Investors most often compare QXM.TO with CBCX.TO, EHE.TO, CINF.TO. These 20 comparison targets span 19 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
CBCX.TO	CI Galaxy Blockchain Index ETF CAD	Blockchain	16	2.38%	—	Apr 2022	QXM.TO vs CBCX.TO
EHE.TO	CI Europe Hedged Equity Index ETF	Europe Equities	45	7.55%	2.95M	Aug 2017	QXM.TO vs EHE.TO
CINF.TO	CI Global Infrastructure Private Pool	Infrastructure Equities, Utilities Equities	90	18.97%	462.21M	May 2020	QXM.TO vs CINF.TO
NXF.TO	CI Energy Giants Covered Call ETF Common Units (CA...	Energy Equities, Derivative Income, Options Trading, Actively Managed	68	32.13%	135.17M	Feb 2015	QXM.TO vs NXF.TO
CMNY.TO	CI Money Market ETF CAD Series	Money Market	99	1.33%	—	Jul 2023	QXM.TO vs CMNY.TO
HAL.TO	Global X Active Canadian Dividend ETF	Canada Equities	98	23.29%	125.43M	Feb 2010	QXM.TO vs HAL.TO
VXM-B.TO	CI Morningstar International Value Index ETF (Unhe...	Foreign Small & Mid Cap Equities	83	13.53%	—	Nov 2014	QXM.TO vs VXM-B.TO
CCOM.TO	CI Auspice Broad Commodity Fund ETF Hedged Units	Commodities	82	15.98%	—	May 2023	QXM.TO vs CCOM.TO
XDV.TO	iShares Canadian Select Dividend Index ETF	Canada Equities	98	25.32%	2.64B	Dec 2005	QXM.TO vs XDV.TO
VCE.TO	Vanguard FTSE Canada Index ETF	Canada Equities	89	13.00%	3.54B	Nov 2011	QXM.TO vs VCE.TO
CEQT.TO	CI Equity Asset Allocation ETF	Diversified Portfolio	92	13.94%	—	May 2023	QXM.TO vs CEQT.TO
XIC.TO	iShares Core S&P/TSX Capped Composite Index ETF	Canada Equities	90	12.87%	31.26B	Feb 2001	QXM.TO vs XIC.TO
CEQP.TO	CI Equity+ Asset Allocation ETF	Diversified Portfolio	—	—	—	Jan 2026	QXM.TO vs CEQP.TO
HEWB.TO	Global X Equal Weight Canadian Banks Index Corpora...	Canada Equities, Equal Weight	98	32.26%	348.60M	Jan 2019	QXM.TO vs HEWB.TO
HVOI.TO	Harvest Low Volatility Canadian Equity Income ETF ...	Derivative Income, Canada Equities, Low Volatility	86	10.87%	—	Apr 2025	QXM.TO vs HVOI.TO
VCN.TO	Vanguard FTSE Canada All Cap Index ETF	Canada Equities	90	12.52%	16.37B	Aug 2013	QXM.TO vs VCN.TO
CGXF.TO	CI Gold+ Giants Covered Call ETF Common	Gold, Precious Metals	29	-12.62%	236.01M	Mar 2022	QXM.TO vs CGXF.TO
ONEQ.TO	CI Global Core Plus Equity ETF	Global Equities, Actively Managed	92	15.60%	57.12M	Sep 2015	QXM.TO vs ONEQ.TO
PXC.TO	Invesco RAFI Canadian Index ETF	Canada Equities	97	22.11%	250.75M	Jan 2012	QXM.TO vs PXC.TO
CIC.TO	CI Canadian Banks Covered Call Income Class ETF	Financials Equities	97	26.37%	362.60M	Aug 2010	QXM.TO vs CIC.TO

Compare QXM.TO with Any Fund or Stock

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

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Pair QXM.TO with funds that move differently

CI Morningstar National Bank Québec Index ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to QXM.TO.

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CI Morningstar National Bank Québec Index ETF (QXM.TO) Alternatives