WXM.TO Alternatives & Similar ETFs

CI Morningstar Canada Momentum Index ETF (WXM.TO) belongs to the Momentum category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with WXM.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to WXM.TO

WXM.TO charges 0.65% annually. There are 5 ETFs in the Momentum category with lower expense ratios, going as low as 0.31%.

Symbol	Name	Expense Ratio	AUM	Inception
XMTM.TO	iShares MSCI USA Momentum Factor Index ETF	0.31%	45.75M	Sep 2019	WXM.TO vs XMTM.TO
FCCM.NEO	Fidelity Canadian Momentum Index ETF	0.38%	—	Jun 2020	WXM.TO vs FCCM.NEO
VMO.TO	Vanguard Global Momentum Factor ETF CAD	0.38%	464.43M	Jun 2016	WXM.TO vs VMO.TO
FCMO.NEO	Fidelity US Momentum ETF	0.38%	—	Jun 2020	WXM.TO vs FCMO.NEO
FCIM.NEO	Fidelity International Momentum Index ETF	0.45%	—	Jun 2020	WXM.TO vs FCIM.NEO

Best Risk-Adjusted Alternatives to WXM.TO

WXM.TO has a PortfoliosLab risk / return rank of 88. No ETFs in the Momentum category have higher risk-adjusted ranks; the top alternatives shown here go as high as 78.

Symbol	Name	Risk / Return Rank	AUM	Inception
VMO.TO	Vanguard Global Momentum Factor ETF CAD	78	464.43M	Jun 2016	WXM.TO vs VMO.TO
FCCM.NEO	Fidelity Canadian Momentum Index ETF	76	—	Jun 2020	WXM.TO vs FCCM.NEO
ZXM.TO	CI Morningstar International Momentum Index ETF Co...	71	124.79M	Nov 2014	WXM.TO vs ZXM.TO
FCIM.NEO	Fidelity International Momentum Index ETF	67	—	Jun 2020	WXM.TO vs FCIM.NEO
XMTM.TO	iShares MSCI USA Momentum Factor Index ETF	65	45.75M	Sep 2019	WXM.TO vs XMTM.TO

Top Performing WXM.TO Alternatives (YTD)

WXM.TO is at 18.83% YTD. There are 4 ETFs in the Momentum category with higher YTD returns, going as high as 33.39%.

Symbol	Name	YTD Return	AUM	Inception
XMTM.TO	iShares MSCI USA Momentum Factor Index ETF	33.39%	45.75M	Sep 2019	WXM.TO vs XMTM.TO
VMO.TO	Vanguard Global Momentum Factor ETF CAD	25.71%	464.43M	Jun 2016	WXM.TO vs VMO.TO
FCMO.NEO	Fidelity US Momentum ETF	20.55%	—	Jun 2020	WXM.TO vs FCMO.NEO
FCIM.NEO	Fidelity International Momentum Index ETF	20.03%	—	Jun 2020	WXM.TO vs FCIM.NEO
ZXM.TO	CI Morningstar International Momentum Index ETF Co...	12.33%	124.79M	Nov 2014	WXM.TO vs ZXM.TO

Lowest Volatility Alternatives to WXM.TO

WXM.TO has 15.02% 1-year volatility. There is 1 ETF in the Momentum category with lower 1-year volatility, going as low as 14.62%.

Symbol	Name	Volatility 1Y	AUM	Inception
ZXM.TO	CI Morningstar International Momentum Index ETF Co...	14.62%	124.79M	Nov 2014	WXM.TO vs ZXM.TO
FCCM.NEO	Fidelity Canadian Momentum Index ETF	15.56%	—	Jun 2020	WXM.TO vs FCCM.NEO
FCIM.NEO	Fidelity International Momentum Index ETF	16.67%	—	Jun 2020	WXM.TO vs FCIM.NEO
FCMO.NEO	Fidelity US Momentum ETF	18.30%	—	Jun 2020	WXM.TO vs FCMO.NEO
XMTM.TO	iShares MSCI USA Momentum Factor Index ETF	18.57%	45.75M	Sep 2019	WXM.TO vs XMTM.TO

Lowest Drawdown Alternatives to WXM.TO

WXM.TO has a 1-year max drawdown of -9.49%. No ETFs in the Momentum category have shallower 1-year drawdowns; the lowest-drawdown alternatives shown here go as shallow as -10.07%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
VMO.TO	Vanguard Global Momentum Factor ETF CAD	-10.07%	464.43M	Jun 2016	WXM.TO vs VMO.TO
ZXM.TO	CI Morningstar International Momentum Index ETF Co...	-10.35%	124.79M	Nov 2014	WXM.TO vs ZXM.TO
FCMO.NEO	Fidelity US Momentum ETF	-10.91%	—	Jun 2020	WXM.TO vs FCMO.NEO
XMTM.TO	iShares MSCI USA Momentum Factor Index ETF	-11.42%	45.75M	Sep 2019	WXM.TO vs XMTM.TO
FCCM.NEO	Fidelity Canadian Momentum Index ETF	-12.36%	—	Jun 2020	WXM.TO vs FCCM.NEO

Other ETFs from CI Global Asset Management

The 8 most viewed CI Global Asset Management ETFs shown here include BTCX-B.TO, CMGG.TO, CCCX.TO and span 6 categories. AUM among these funds goes as high as $804M.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
BTCX-B.TO	CI Galaxy Bitcoin ETF C$ Unhedged Series Units	Cryptocurrency	2	-24.79%	803.84M	Mar 2021	WXM.TO vs BTCX-B.TO
CMGG.TO	CI Munro Global Growth Equity Fund	Global Equities	69	21.24%	—	Jan 2021	WXM.TO vs CMGG.TO
CCCX.TO	CI Galaxy Core Multi-Crypto ETF	Cryptocurrency	—	-26.82%	—	Aug 2025	WXM.TO vs CCCX.TO
ETHX.TO	CI Galaxy Ethereum ETF CAD Hedged Series	Cryptocurrency	—	-40.07%	—	Aug 2025	WXM.TO vs ETHX.TO
CGHY.TO	CI High Yield Bond Private Pool ETF C$ Series	High Yield Bonds	48	3.03%	—	Apr 2022	WXM.TO vs CGHY.TO
CCCX-B.TO	CI Galaxy Core Multi-Crypto ETF (CAD)	Cryptocurrency	—	-28.96%	—	Aug 2025	WXM.TO vs CCCX-B.TO
FLI.TO	CI U.S. & Canada Lifeco Covered Call ETF (Hedged C...	Derivative Income	31	3.96%	85.28M	Aug 2013	WXM.TO vs FLI.TO
CDLB.TO	CI DoubleLine Total Return Bond US$ Fund ETF C$ He...	Intermediate Core-Plus Bond, Total Bond Market	38	-0.54%	—	May 2020	WXM.TO vs CDLB.TO

Often Compared With WXM.TO

Investors most often compare WXM.TO with VDY.TO, XCV.TO, VXM.TO. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	Dividend	98	20.59%	7.99B	Nov 2012	WXM.TO vs VDY.TO
XCV.TO	iShares Canadian Value Index ETF	Canada Equities	97	19.17%	235.07M	Nov 2006	WXM.TO vs XCV.TO
VXM.TO	CI Morningstar International Value CAD Hedged	International Equity	82	10.12%	911.96M	Nov 2014	WXM.TO vs VXM.TO
ATSX.TO	Accelerate Enhanced Canadian Benchmark Alternative...		86	16.83%	4.94M	—	WXM.TO vs ATSX.TO
XQLT.TO	iShares MSCI USA Quality Factor Index ETF	Large Cap Growth Equities	57	10.01%	244.34M	Sep 2019	WXM.TO vs XQLT.TO
DMEC.TO	Desjardins Canadian Equity Index ETF	Canada Equities	82	10.72%	—	Apr 2024	WXM.TO vs DMEC.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	54	3.14%	6.10B	Oct 2011	WXM.TO vs ZLB.TO
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	Canada Equities	98	22.21%	4.02B	Apr 2011	WXM.TO vs XEI.TO
XMV.TO	iShares MSCI Min Vol Canada Index ETF	Canada Equities	49	7.72%	413.82M	Jul 2012	WXM.TO vs XMV.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	85	18.56%	1.72B	Oct 2011	WXM.TO vs ZDV.TO
FXM.TO	CI Morningstar Canada Value Index ETF	Canada Equities	95	15.45%	481.27M	Feb 2012	WXM.TO vs FXM.TO
HXH.TO	Global X Canadian High Dividend Index Corporate Cl...	Canada Equities	98	20.31%	237.17M	Apr 2016	WXM.TO vs HXH.TO
XCS.TO	iShares S&P/TSX SmallCap Index ETF	Canada Equities	79	23.53%	264.65M	May 2007	WXM.TO vs XCS.TO
VCN.TO	Vanguard FTSE Canada All Cap Index ETF	Canada Equities	77	10.48%	15.96B	Aug 2013	WXM.TO vs VCN.TO
IDMO	Invesco S&P International Developed Momentum ETF	Momentum, Foreign Large Cap Equities	40	7.74%	3.81B	Feb 2012	WXM.TO vs IDMO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	80	10.70%	16.67B	May 2009	WXM.TO vs ZCN.TO
AVUV	Avantis US Small Cap Value ETF	Small Cap Value Equities	67	17.96%	26.41B	Sep 2019	WXM.TO vs AVUV
HVOI.TO	Harvest Low Volatility Canadian Equity Income ETF ...	Canada Equities	48	5.50%	—	Apr 2025	WXM.TO vs HVOI.TO
TLV.TO	Invesco S&P/TSX Composite Low Volatility Index ETF	Canada Equities	92	9.97%	99.35M	Apr 2012	WXM.TO vs TLV.TO
TCLV.TO	TD Q Canadian Low Volatility ETF	Canada Equities	53	3.98%	118.08M	May 2020	WXM.TO vs TCLV.TO

Compare WXM.TO with Any Fund or Stock

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

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Diversifiers

Pair WXM.TO with funds that move differently

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

Explore WXM.TO Diversifiers

CI Morningstar Canada Momentum Index ETF (WXM.TO) Alternatives