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

Among 53 ETFs in the Canada Equities category with expense-ratio data, the lowest-cost alternatives shown here go as low as 0.04%.

Symbol	Name	Expense Ratio	AUM	Inception
QCN.TO	Mackenzie Canadian Equity Index ETF	0.04%	5.58B	Jan 2018	QXM.TO vs QCN.TO
TTP.TO	TD Canadian Equity Index ETF	0.05%	6.20B	Mar 2016	QXM.TO vs TTP.TO
HXCN.TO	Global X S&P/TSX Capped Composite Index Corporate ...	0.05%	2.31B	Feb 2020	QXM.TO vs HXCN.TO
DMEC.TO	Desjardins Canadian Equity Index ETF	0.05%	—	Apr 2024	QXM.TO vs DMEC.TO
XIC.TO	iShares Core S&P/TSX Capped Composite Index ETF	0.06%	30.42B	Feb 2001	QXM.TO vs XIC.TO

Best Risk-Adjusted Alternatives to QXM.TO

QXM.TO has a PortfoliosLab risk / return rank of 65. There are 47 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	248.10M	Apr 2016	QXM.TO vs HXH.TO
XCV.TO	iShares Canadian Value Index ETF	98	238.82M	Nov 2006	QXM.TO vs XCV.TO
HCA.TO	Hamilton Canadian Bank Mean Reversion Index ETF	98	106.00M	Jun 2020	QXM.TO vs HCA.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	98	1.08B	Oct 2020	QXM.TO vs HCAL.TO
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	97	4.16B	Apr 2011	QXM.TO vs XEI.TO

Top Performing QXM.TO Alternatives (YTD)

QXM.TO is at 6.00% YTD. There are 54 ETFs in the Canada Equities category with higher YTD returns, going as high as 45.79%.

Symbol	Name	YTD Return	AUM	Inception
CFOU.TO	BetaPro S&P/TSX Capped Financials 2x Daily Bull ET...	45.79%	85.79M	Jun 2007	QXM.TO vs CFOU.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	40.08%	1.08B	Oct 2020	QXM.TO vs HCAL.TO
HCA.TO	Hamilton Canadian Bank Mean Reversion Index ETF	34.18%	106.00M	Jun 2020	QXM.TO vs HCA.TO
CLSA.TO	Brompton Split Corp. Enhanced Equity Income ETF	33.89%	—	Mar 2025	QXM.TO vs CLSA.TO
HEWB.TO	Global X Equal Weight Canadian Banks Index Corpora...	31.97%	337.29M	Jan 2019	QXM.TO vs HEWB.TO

Lowest Volatility Alternatives to QXM.TO

QXM.TO has 13.01% 1-year volatility. There are 33 ETFs in the Canada Equities category with lower 1-year volatility, going as low as 7.46%.

Symbol	Name	Volatility 1Y	AUM	Inception
TLV.TO	Invesco S&P/TSX Composite Low Volatility Index ETF	7.46%	99.35M	Apr 2012	QXM.TO vs TLV.TO
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	7.90%	4.16B	Apr 2011	QXM.TO vs XEI.TO
TCLV.TO	TD Q Canadian Low Volatility ETF	8.19%	122.80M	May 2020	QXM.TO vs TCLV.TO
HXH.TO	Global X Canadian High Dividend Index Corporate Cl...	8.34%	248.10M	Apr 2016	QXM.TO vs HXH.TO
XDV.TO	iShares Canadian Select Dividend Index ETF	8.63%	2.59B	Dec 2005	QXM.TO vs XDV.TO

Lowest Drawdown Alternatives to QXM.TO

QXM.TO has a 1-year max drawdown of -9.38%. There are 37 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%	248.10M	Apr 2016	QXM.TO vs HXH.TO
XCV.TO	iShares Canadian Value Index ETF	-3.84%	238.82M	Nov 2006	QXM.TO vs XCV.TO
TLV.TO	Invesco S&P/TSX Composite Low Volatility Index ETF	-4.07%	99.35M	Apr 2012	QXM.TO vs TLV.TO
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	-4.22%	4.16B	Apr 2011	QXM.TO vs XEI.TO
PXC.TO	Invesco RAFI Canadian Index ETF	-4.64%	245.79M	Jan 2012	QXM.TO vs PXC.TO

Other ETFs from CI

The 10 most viewed CI ETFs shown here include CCOM.TO, CEQT.TO, CGXF.TO and span 11 categories. AUM among these funds goes as high as $349M.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
CCOM.TO	CI Auspice Broad Commodity Fund ETF Hedged Units	Commodities	65	10.49%	—	May 2023	QXM.TO vs CCOM.TO
CEQT.TO	CI Equity Asset Allocation ETF	Diversified Portfolio	92	14.27%	—	May 2023	QXM.TO vs CEQT.TO
CGXF.TO	CI Gold+ Giants Covered Call ETF Common	Gold, Precious Metals	24	-10.85%	245.36M	Mar 2022	QXM.TO vs CGXF.TO
CIC.TO	CI Canadian Banks Covered Call Income Class ETF	Financials Equities	97	26.10%	348.80M	Aug 2010	QXM.TO vs CIC.TO
VXM-B.TO	CI Morningstar International Value Index ETF (Unhe...	Foreign Small & Mid Cap Equities	72	8.67%	—	Nov 2014	QXM.TO vs VXM-B.TO
NXF.TO	CI Energy Giants Covered Call ETF Common Units (CA...	Energy Equities, Derivative Income	35	14.91%	113.17M	Feb 2015	QXM.TO vs NXF.TO
CMNY.TO	CI Money Market ETF CAD Series	Money Market	99	1.17%	—	Jul 2023	QXM.TO vs CMNY.TO
CBCX.TO	CI Galaxy Blockchain Index ETF CAD	Blockchain	20	6.72%	—	Apr 2022	QXM.TO vs CBCX.TO
CEQP.TO	CI Equity+ Asset Allocation ETF	Diversified Portfolio	—	—	—	Jan 2026	QXM.TO vs CEQP.TO
EHE.TO	CI Europe Hedged Equity Index ETF	Europe Equities	40	7.41%	2.96M	Aug 2017	QXM.TO vs EHE.TO

Compare QXM.TO with Any Fund or Stock

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

Symbol name

Diversifiers

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.

Explore QXM.TO Diversifiers

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