XEF.TO Alternatives & Similar ETFs

iShares Core MSCI EAFE IMI Index ETF (XEF.TO) belongs to the Foreign Large Cap Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with XEF.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to XEF.TO

XEF.TO charges 0.23% annually. There are 2 ETFs in the Foreign Large Cap Equities category with lower expense ratios, going as low as 0.17%.

Symbol	Name	Expense Ratio	AUM	Inception
QDX.TO	Mackenzie International Equity Index ETF	0.17%	1.67B	Jan 2018	XEF.TO vs QDX.TO
ZEA.TO	BMO MSCI EAFE Index ETF	0.22%	13.21B	Feb 2014	XEF.TO vs ZEA.TO
FLUR.NEO	Franklin International Equity Index ETF	0.27%	—	Feb 2019	XEF.TO vs FLUR.NEO
XSEA.TO	iShares ESG Aware MSCI EAFE Index ETF	0.28%	366.74M	Mar 2019	XEF.TO vs XSEA.TO
XDSR.TO	iShares ESG Advanced MSCI EAFE Index ETF	0.28%	382.27M	Apr 2020	XEF.TO vs XDSR.TO

Best Risk-Adjusted Alternatives to XEF.TO

XEF.TO has a PortfoliosLab risk / return rank of 55. There are 6 ETFs in the Foreign Large Cap Equities category with higher risk-adjusted ranks, going as high as 90.

Symbol	Name	Risk / Return Rank	AUM	Inception
RIDH.TO	RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF	90	149.91M	Oct 2014	XEF.TO vs RIDH.TO
ZXM.TO	CI Morningstar International Momentum Index ETF Co...	82	155.25M	Nov 2014	XEF.TO vs ZXM.TO
FCIV.TO	Fidelity International Value ETF	77	2.19B	Jun 2025	XEF.TO vs FCIV.TO
VIDY.TO	Vanguard FTSE Developed ex North America High Divi...	75	1.90B	Aug 2018	XEF.TO vs VIDY.TO
FLUR.NEO	Franklin International Equity Index ETF	56	—	Feb 2019	XEF.TO vs FLUR.NEO

Top Performing XEF.TO Alternatives (YTD)

XEF.TO is at 12.11% YTD. There are 8 ETFs in the Foreign Large Cap Equities category with higher YTD returns, going as high as 16.04%.

Symbol	Name	YTD Return	AUM	Inception
ZXM.TO	CI Morningstar International Momentum Index ETF Co...	16.04%	155.25M	Nov 2014	XEF.TO vs ZXM.TO
FCIV.TO	Fidelity International Value ETF	14.83%	2.19B	Jun 2025	XEF.TO vs FCIV.TO
XDSR.TO	iShares ESG Advanced MSCI EAFE Index ETF	14.81%	382.27M	Apr 2020	XEF.TO vs XDSR.TO
VIDY.TO	Vanguard FTSE Developed ex North America High Divi...	13.09%	1.90B	Aug 2018	XEF.TO vs VIDY.TO
RIDH.TO	RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF	13.07%	149.91M	Oct 2014	XEF.TO vs RIDH.TO

Lowest Volatility Alternatives to XEF.TO

XEF.TO has 14.41% 1-year volatility. There are 7 ETFs in the Foreign Large Cap Equities category with lower 1-year volatility, going as low as 10.46%.

Symbol	Name	Volatility 1Y	AUM	Inception
ZLI.TO	BMO Low Volatility International Equity ETF	10.46%	291.46M	Sep 2015	XEF.TO vs ZLI.TO
ZWE.TO	BMO Europe High Dividend Covered Call Hedged to CA...	11.14%	764.75M	Sep 2015	XEF.TO vs ZWE.TO
TILV.TO	TD Q International Low Volatility ETF	11.37%	135.17M	May 2019	XEF.TO vs TILV.TO
RIDH.TO	RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF	12.12%	149.91M	Oct 2014	XEF.TO vs RIDH.TO
FCIL.NEO	Fidelity International Low Volatility ETF	12.23%	—	Jan 2019	XEF.TO vs FCIL.NEO

Lowest Drawdown Alternatives to XEF.TO

XEF.TO has a 1-year max drawdown of -11.27%. There are 11 ETFs in the Foreign Large Cap Equities category with shallower 1-year drawdowns, going as shallow as -7.11%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
TILV.TO	TD Q International Low Volatility ETF	-7.11%	135.17M	May 2019	XEF.TO vs TILV.TO
ZLI.TO	BMO Low Volatility International Equity ETF	-8.37%	291.46M	Sep 2015	XEF.TO vs ZLI.TO
FCIV.TO	Fidelity International Value ETF	-8.59%	2.19B	Jun 2025	XEF.TO vs FCIV.TO
RIDH.TO	RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF	-8.67%	149.91M	Oct 2014	XEF.TO vs RIDH.TO
FCIL.NEO	Fidelity International Low Volatility ETF	-9.17%	—	Jan 2019	XEF.TO vs FCIL.NEO

Other ETFs from iShares

The 10 most viewed iShares ETFs shown here include XEQT.TO, XDIV.TO, XEI.TO and span 7 categories. AUM among these funds goes as high as $30B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
XEQT.TO	iShares Core Equity ETF Portfolio	Global Equities	81	12.77%	19.56B	Aug 2019	XEF.TO vs XEQT.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	Dividend, Large Cap Value Equities	98	20.61%	5.54B	Jun 2017	XEF.TO vs XDIV.TO
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	Canada Equities	97	23.00%	4.13B	Apr 2011	XEF.TO vs XEI.TO
XIC.TO	iShares Core S&P/TSX Capped Composite Index ETF	Canada Equities	83	10.67%	30.44B	Feb 2001	XEF.TO vs XIC.TO
XIU.TO	iShares S&P/TSX 60 Index ETF	Canada Equities	88	11.33%	22.98B	Sep 1999	XEF.TO vs XIU.TO
XQQ.TO	iShares NASDAQ 100 Index ETF (CAD-Hedged)	Nasdaq-100	43	14.22%	5.60B	May 2011	XEF.TO vs XQQ.TO
XGRO.TO	iShares Core Growth ETF Portfolio	Diversified Portfolio	71	10.58%	4.97B	Jun 2007	XEF.TO vs XGRO.TO
XUS.TO	iShares Core S&P 500 Index ETF	S&P 500	73	11.92%	12.94B	Apr 2013	XEF.TO vs XUS.TO
XAW.TO	iShares Core MSCI All Country World ex Canada Inde...	Global Equities	78	14.12%	4.47B	Feb 2015	XEF.TO vs XAW.TO
XSP.TO	iShares Core S&P 500 Index ETF (CAD-Hedged)	S&P 500	50	6.62%	15.52B	May 2001	XEF.TO vs XSP.TO

Often Compared With XEF.TO

Investors most often compare XEF.TO with XEC.TO, VIU.TO, XFH.TO. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
XEC.TO	iShares Core MSCI Emerging Markets IMI Index ETF	Emerging Markets Equities	78	26.75%	4.78B	Apr 2013	XEF.TO vs XEC.TO
VIU.TO	Vanguard FTSE Developed All Cap ex North America I...	International Equity	69	18.03%	10.65B	Dec 2015	XEF.TO vs VIU.TO
XFH.TO	iShares Core MSCI EAFE IMI Index ETF (CAD-Hedged)	Global Equities	68	10.88%	3.11B	Feb 2015	XEF.TO vs XFH.TO
IEFA	iShares Core MSCI EAFE ETF	Foreign Large Cap Equities	41	8.31%	187.61B	Oct 2012	XEF.TO vs IEFA
XEF-U.TO	iShares Core MSCI EAFE IMI Index ETF	Global Equities	41	7.86%	—	Apr 2013	XEF.TO vs XEF-U.TO
XIN.TO	iShares MSCI EAFE Index ETF (CAD-Hedged)	Global Equities	61	10.80%	1.93B	Sep 2001	XEF.TO vs XIN.TO
EFA	iShares MSCI EAFE ETF	Foreign Large Cap Equities	40	8.17%	77.82B	Aug 2001	XEF.TO vs EFA
VXC.TO	Vanguard FTSE Global All Cap ex Canada Index ETF	Global Equities	77	14.02%	3.45B	Jun 2014	XEF.TO vs VXC.TO
XEU.TO	iShares MSCI Europe IMI Index ETF	Europe Equities	43	9.61%	687.49M	Apr 2014	XEF.TO vs XEU.TO
VXUS	Vanguard Total International Stock ETF	Global Equities	55	12.42%	652.30B	Jan 2011	XEF.TO vs VXUS
VEF.TO	Vanguard FTSE Developed All Cap Ex US	Global Equities	81	16.45%	1.27B	Nov 2011	XEF.TO vs VEF.TO
XEH.TO	iShares MSCI Europe IMI Index ETF (CAD-Hedged)	Europe Equities	47	8.86%	293.06M	Apr 2014	XEF.TO vs XEH.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	73	11.92%	24.23B	Nov 2012	XEF.TO vs ZSP.TO
VDU.TO	Vanguard FTSE Developed All Cap ex U.S. Index ETF	Global Equities	71	17.20%	833.59M	Aug 2013	XEF.TO vs VDU.TO
XEM.TO	iShares MSCI Emerging Markets Index ETF	Emerging Markets Equities	77	27.52%	474.06M	Jun 2009	XEF.TO vs XEM.TO
VE.TO	Vanguard FTSE Developed Europe All Cap Index ETF	Europe Equities	42	9.49%	649.53M	Jun 2014	XEF.TO vs VE.TO
TPE.TO	TD International Equity Index ETF	International Equity	53	11.97%	5.41B	Mar 2016	XEF.TO vs TPE.TO
XUU.TO	iShares Core S&P U.S. Total Market Index ETF	Large Cap Blend Equities	71	12.56%	4.65B	Feb 2015	XEF.TO vs XUU.TO
XMW.TO	iShares MSCI Min Vol Global Index ETF	Global Equities	27	4.83%	170.80M	Jul 2012	XEF.TO vs XMW.TO
ZEM.TO	BMO MSCI Emerging Markets Index ETF	Emerging Markets Equities	78	28.44%	3.56B	Oct 2009	XEF.TO vs ZEM.TO

Compare XEF.TO with Any Fund or Stock

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

Symbol name

Diversifiers

Pair XEF.TO with funds that move differently

iShares Core MSCI EAFE IMI Index ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to XEF.TO.

Explore XEF.TO Diversifiers

iShares Core MSCI EAFE IMI Index ETF (XEF.TO) Alternatives