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%	34.17M	Sep 2019	WXM.TO vs XMTM.TO
FCCM.NEO	Fidelity Canadian Momentum ETF	0.38%	—	Jun 2020	WXM.TO vs FCCM.NEO
VMO.TO	Vanguard Global Momentum Factor ETF	0.38%	511.94M	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 86. There is 1 ETF in the Momentum category with a higher risk-adjusted rank, going as high as 88.

Symbol	Name	Risk / Return Rank	AUM	Inception
FCCM.NEO	Fidelity Canadian Momentum ETF	88	—	Jun 2020	WXM.TO vs FCCM.NEO
ZXM.TO	CI Morningstar International Momentum Index ETF Co...	72	147.89M	Nov 2014	WXM.TO vs ZXM.TO
FCIM.NEO	Fidelity International Momentum Index ETF	69	—	Jun 2020	WXM.TO vs FCIM.NEO
ZFC.TO	BMO SIA Focused Canadian Equity Fund	62	84.01M	Dec 2018	WXM.TO vs ZFC.TO
VMO.TO	Vanguard Global Momentum Factor ETF	49	511.94M	Jun 2016	WXM.TO vs VMO.TO

Top Performing WXM.TO Alternatives (YTD)

WXM.TO is at 13.16% YTD. There are 5 ETFs in the Momentum category with higher YTD returns, going as high as 22.91%.

Symbol	Name	YTD Return	AUM	Inception
XMTM.TO	iShares MSCI USA Momentum Factor Index ETF	22.91%	34.17M	Sep 2019	WXM.TO vs XMTM.TO
ZFC.TO	BMO SIA Focused Canadian Equity Fund	17.68%	84.01M	Dec 2018	WXM.TO vs ZFC.TO
FCMO.NEO	Fidelity US Momentum ETF	17.32%	—	Jun 2020	WXM.TO vs FCMO.NEO
FCIM.NEO	Fidelity International Momentum Index ETF	16.97%	—	Jun 2020	WXM.TO vs FCIM.NEO
VMO.TO	Vanguard Global Momentum Factor ETF	16.22%	511.94M	Jun 2016	WXM.TO vs VMO.TO

Lowest Volatility Alternatives to WXM.TO

WXM.TO has 16.39% 1-year volatility. No ETFs in the Momentum category have lower 1-year volatility; the lowest-volatility alternatives shown here go as low as 16.56%.

Symbol	Name	Volatility 1Y	AUM	Inception
FCCM.NEO	Fidelity Canadian Momentum ETF	16.56%	—	Jun 2020	WXM.TO vs FCCM.NEO
ZXM.TO	CI Morningstar International Momentum Index ETF Co...	16.60%	147.89M	Nov 2014	WXM.TO vs ZXM.TO
UDA.TO	Caldwell U.S. Dividend Advantage Fund	17.61%	43.88M	Jun 2015	WXM.TO vs UDA.TO
FCIM.NEO	Fidelity International Momentum Index ETF	20.43%	—	Jun 2020	WXM.TO vs FCIM.NEO
FCMO.NEO	Fidelity US Momentum ETF	20.67%	—	Jun 2020	WXM.TO vs FCMO.NEO

Lowest Drawdown Alternatives to WXM.TO

WXM.TO has a 1-year max drawdown of -9.49%. There are 2 ETFs in the Momentum category with shallower 1-year drawdowns, going as shallow as -8.12%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
ZFC.TO	BMO SIA Focused Canadian Equity Fund	-8.12%	84.01M	Dec 2018	WXM.TO vs ZFC.TO
UDA.TO	Caldwell U.S. Dividend Advantage Fund	-8.61%	43.88M	Jun 2015	WXM.TO vs UDA.TO
ZXM.TO	CI Morningstar International Momentum Index ETF Co...	-10.35%	147.89M	Nov 2014	WXM.TO vs ZXM.TO
FCMO.NEO	Fidelity US Momentum ETF	-10.91%	—	Jun 2020	WXM.TO vs FCMO.NEO
FCCM.NEO	Fidelity Canadian Momentum ETF	-12.36%	—	Jun 2020	WXM.TO vs FCCM.NEO

Other ETFs from CI

The 10 most viewed CI ETFs shown here include BTCX-B.TO, CIAI.TO, VXM.TO and span 17 categories. AUM among these funds goes as high as $5B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
BTCX-B.TO	CI Galaxy Bitcoin ETF C$ Unhedged Series Units	Cryptocurrency	2	-26.95%	694.86M	Mar 2021	WXM.TO vs BTCX-B.TO
CIAI.TO	CI Global Artificial Intelligence ETF	Artificial Intelligence, Technology Equities	38	19.72%	—	May 2024	WXM.TO vs CIAI.TO
VXM.TO	CI Morningstar International Value CAD Hedged	Foreign Small & Mid Cap Equities	90	15.25%	1.12B	Nov 2014	WXM.TO vs VXM.TO
VALT.TO	CI Gold Bullion ETF	Gold, Precious Metals	27	-7.03%	—	Jan 2021	WXM.TO vs VALT.TO
CSAV.TO	CI High Interest Savings ETF	Money Market	99	1.18%	4.51B	Jun 2019	WXM.TO vs CSAV.TO
JAPN.TO	CI WisdomTree Japan Equity Index ETF	Japan Equities, Asia Pacific Equities	91	20.60%	56.38M	Aug 2018	WXM.TO vs JAPN.TO
TXF.TO	CI Tech Giants Covered Call Common	Technology Equities, Derivative Income	50	14.26%	777.65M	Oct 2011	WXM.TO vs TXF.TO
FXM.TO	CI Morningstar Canada Value Index ETF	Canada Equities	96	18.11%	495.59M	Feb 2012	WXM.TO vs FXM.TO
CLML.TO	CI Global Climate Leaders Fund	Alternative Energy Equities, Sustainable, Global Equities, Actively Managed, Energy Equities	53	24.04%	—	Jul 2021	WXM.TO vs CLML.TO
CCOM.TO	CI Auspice Broad Commodity Fund ETF Hedged Units	Commodities	77	14.17%	—	May 2023	WXM.TO vs CCOM.TO

Often Compared With WXM.TO

Investors most often compare WXM.TO with VDY.TO, XCV.TO, ATSX.TO. These 20 comparison targets span 16 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	99	28.99%	8.59B	Nov 2012	WXM.TO vs VDY.TO
XCV.TO	iShares Canadian Value Index ETF	Canada Equities	98	27.71%	253.39M	Nov 2006	WXM.TO vs XCV.TO
ATSX.TO	Accelerate Canadian Long Short Equity Fund	Long-Short, Canada Equities, Multi-factor, Actively Managed	92	17.20%	4.94M	May 2019	WXM.TO vs ATSX.TO
DMEC.TO	Desjardins Canadian Equity Index ETF	Canada Equities	89	12.63%	—	Apr 2024	WXM.TO vs DMEC.TO
XQLT.TO	iShares MSCI USA Quality Factor Index ETF	Quality Factor, Large Cap Growth Equities	72	13.02%	256.29M	Sep 2019	WXM.TO vs XQLT.TO
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	Canada Equities	98	28.07%	4.38B	Apr 2011	WXM.TO vs XEI.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities, Low Volatility	56	7.74%	6.27B	Oct 2011	WXM.TO vs ZLB.TO
XCS.TO	iShares S&P/TSX SmallCap Index ETF	Canada Equities	64	14.90%	237.21M	May 2007	WXM.TO vs XCS.TO
XMV.TO	iShares MSCI Min Vol Canada Index ETF	Canada Equities, Low Volatility	84	13.27%	395.67M	Jul 2012	WXM.TO vs XMV.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	98	23.19%	1.91B	Oct 2011	WXM.TO vs ZDV.TO
HXH.TO	Global X Canadian High Dividend Index Corporate Cl...	Canada Equities	98	25.25%	263.64M	Apr 2016	WXM.TO vs HXH.TO
CGHY.TO	CI High Yield Bond Private Pool ETF C$ Series	High Yield Bonds	32	1.77%	—	Apr 2022	WXM.TO vs CGHY.TO
VCN.TO	Vanguard FTSE Canada All Cap Index ETF	Canada Equities	90	12.26%	16.37B	Aug 2013	WXM.TO vs VCN.TO
IDMO	Invesco S&P International Developed Momentum ETF	Momentum, Foreign Large Cap Equities	58	11.63%	4.08B	Feb 2012	WXM.TO vs IDMO
AVUV	Avantis US Small Cap Value ETF	Small Cap Value Equities	93	25.35%	30.19B	Sep 2019	WXM.TO vs AVUV
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	90	12.49%	17.51B	May 2009	WXM.TO vs ZCN.TO
CCCX-B.TO	CI Galaxy Core Multi-Crypto ETF (CAD)	Cryptocurrency	—	-28.53%	—	Aug 2025	WXM.TO vs CCCX-B.TO
CMGG.TO	CI Munro Global Growth Equity Fund	Global Equities	33	11.95%	—	Jan 2021	WXM.TO vs CMGG.TO
CDLB.TO	CI DoubleLine Total Return Bond US$ Fund ETF C$ He...	Intermediate Core-Plus Bond, Total Bond Market	21	-1.52%	1.04M	May 2020	WXM.TO vs CDLB.TO
ETHX.TO	CI Galaxy Ethereum ETF CAD Hedged Series	Cryptocurrency	—	-38.59%	—	Aug 2025	WXM.TO vs ETHX.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