ZXM.TO Alternatives & Similar ETFs

CI Morningstar International Momentum Index ETF Common Units CAD Hedged (ZXM.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 ZXM.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to ZXM.TO

ZXM.TO charges 0.67% annually. There are 6 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%	40.63M	Sep 2019	ZXM.TO vs XMTM.TO
VMO.TO	Vanguard Global Momentum Factor ETF	0.38%	511.94M	Jun 2016	ZXM.TO vs VMO.TO
FCCM.NEO	Fidelity Canadian Momentum Index ETF	0.38%	—	Jun 2020	ZXM.TO vs FCCM.NEO
FCMO.NEO	Fidelity US Momentum ETF	0.38%	—	Jun 2020	ZXM.TO vs FCMO.NEO
FCIM.NEO	Fidelity International Momentum Index ETF	0.45%	—	Jun 2020	ZXM.TO vs FCIM.NEO

Best Risk-Adjusted Alternatives to ZXM.TO

ZXM.TO has a PortfoliosLab risk / return rank of 84. There are 2 ETFs in the Momentum category with higher risk-adjusted ranks, going as high as 90.

Symbol	Name	Risk / Return Rank	AUM	Inception
WXM.TO	CI Morningstar Canada Momentum Index ETF	90	1.61B	Feb 2012	ZXM.TO vs WXM.TO
FCCM.NEO	Fidelity Canadian Momentum Index ETF	86	—	Jun 2020	ZXM.TO vs FCCM.NEO
FCIM.NEO	Fidelity International Momentum Index ETF	76	—	Jun 2020	ZXM.TO vs FCIM.NEO
VMO.TO	Vanguard Global Momentum Factor ETF	71	511.94M	Jun 2016	ZXM.TO vs VMO.TO
FCMO.NEO	Fidelity US Momentum ETF	61	—	Jun 2020	ZXM.TO vs FCMO.NEO

Top Performing ZXM.TO Alternatives (YTD)

ZXM.TO is at 15.24% YTD. There are 5 ETFs in the Momentum category with higher YTD returns, going as high as 30.94%.

Symbol	Name	YTD Return	AUM	Inception
XMTM.TO	iShares MSCI USA Momentum Factor Index ETF	30.94%	40.63M	Sep 2019	ZXM.TO vs XMTM.TO
VMO.TO	Vanguard Global Momentum Factor ETF	22.96%	511.94M	Jun 2016	ZXM.TO vs VMO.TO
FCMO.NEO	Fidelity US Momentum ETF	20.92%	—	Jun 2020	ZXM.TO vs FCMO.NEO
FCIM.NEO	Fidelity International Momentum Index ETF	20.73%	—	Jun 2020	ZXM.TO vs FCIM.NEO
WXM.TO	CI Morningstar Canada Momentum Index ETF	16.50%	1.61B	Feb 2012	ZXM.TO vs WXM.TO

Lowest Volatility Alternatives to ZXM.TO

ZXM.TO has 15.83% 1-year volatility. No ETFs in the Momentum category have lower 1-year volatility; the lowest-volatility alternatives shown here go as low as 16.00%.

Symbol	Name	Volatility 1Y	AUM	Inception
WXM.TO	CI Morningstar Canada Momentum Index ETF	16.00%	1.61B	Feb 2012	ZXM.TO vs WXM.TO
FCCM.NEO	Fidelity Canadian Momentum Index ETF	16.44%	—	Jun 2020	ZXM.TO vs FCCM.NEO
FCIM.NEO	Fidelity International Momentum Index ETF	19.57%	—	Jun 2020	ZXM.TO vs FCIM.NEO
FCMO.NEO	Fidelity US Momentum ETF	19.99%	—	Jun 2020	ZXM.TO vs FCMO.NEO
VMO.TO	Vanguard Global Momentum Factor ETF	21.73%	511.94M	Jun 2016	ZXM.TO vs VMO.TO

Lowest Drawdown Alternatives to ZXM.TO

ZXM.TO has a 1-year max drawdown of -10.35%. There are 2 ETFs in the Momentum category with shallower 1-year drawdowns, going as shallow as -9.49%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
WXM.TO	CI Morningstar Canada Momentum Index ETF	-9.49%	1.61B	Feb 2012	ZXM.TO vs WXM.TO
VMO.TO	Vanguard Global Momentum Factor ETF	-10.07%	511.94M	Jun 2016	ZXM.TO vs VMO.TO
FCMO.NEO	Fidelity US Momentum ETF	-10.91%	—	Jun 2020	ZXM.TO vs FCMO.NEO
XMTM.TO	iShares MSCI USA Momentum Factor Index ETF	-11.42%	40.63M	Sep 2019	ZXM.TO vs XMTM.TO
FCCM.NEO	Fidelity Canadian Momentum Index ETF	-12.36%	—	Jun 2020	ZXM.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 $715M.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
BTCX-B.TO	CI Galaxy Bitcoin ETF C$ Unhedged Series Units	Cryptocurrency	2	-24.73%	714.72M	Mar 2021	ZXM.TO vs BTCX-B.TO
CMGG.TO	CI Munro Global Growth Equity Fund	Global Equities	51	16.51%	—	Jan 2021	ZXM.TO vs CMGG.TO
CCCX.TO	CI Galaxy Core Multi-Crypto ETF	Cryptocurrency	—	-33.43%	—	Aug 2025	ZXM.TO vs CCCX.TO
ETHX.TO	CI Galaxy Ethereum ETF CAD Hedged Series	Cryptocurrency	—	-37.77%	—	Aug 2025	ZXM.TO vs ETHX.TO
CGHY.TO	CI High Yield Bond Private Pool ETF C$ Series	High Yield Bonds	36	2.17%	—	Apr 2022	ZXM.TO vs CGHY.TO
CCCX-B.TO	CI Galaxy Core Multi-Crypto ETF (CAD)	Cryptocurrency	—	-28.39%	—	Aug 2025	ZXM.TO vs CCCX-B.TO
FLI.TO	CI U.S. & Canada Lifeco Covered Call ETF (Hedged C...	Derivative Income	76	15.67%	90.68M	Aug 2013	ZXM.TO vs FLI.TO
CDLB.TO	CI DoubleLine Total Return Bond US$ Fund ETF C$ He...	Intermediate Core-Plus Bond, Total Bond Market	33	-0.42%	1.22M	May 2020	ZXM.TO vs CDLB.TO

Often Compared With ZXM.TO

Investors most often compare ZXM.TO with VXM.TO, XDSR.TO, CCOM.TO. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
VXM.TO	CI Morningstar International Value CAD Hedged	International Equity	87	11.75%	1.03B	Nov 2014	ZXM.TO vs VXM.TO
XDSR.TO	iShares ESG Advanced MSCI EAFE Index ETF	Foreign Large Cap Equities	51	15.42%	967.06M	Apr 2020	ZXM.TO vs XDSR.TO
CCOM.TO	CI Auspice Broad Commodity Fund ETF Hedged Units	Commodities	69	13.15%	—	May 2023	ZXM.TO vs CCOM.TO
QDX.TO	Mackenzie International Equity Index ETF	Foreign Large Cap Equities	64	13.10%	1.72B	Jan 2018	ZXM.TO vs QDX.TO
FCIL.NEO	Fidelity International Low Volatility ETF	Foreign Large Cap Equities	54	9.93%	—	Jan 2019	ZXM.TO vs FCIL.NEO
XEC.TO	iShares Core MSCI Emerging Markets IMI Index ETF	Emerging Markets Equities	72	22.31%	4.56B	Apr 2013	ZXM.TO vs XEC.TO
VXM-B.TO	CI Morningstar International Value Index ETF (Unhe...	Foreign Small & Mid Cap Equities	80	11.54%	—	Nov 2014	ZXM.TO vs VXM-B.TO
VIDY.TO	Vanguard FTSE Developed ex North America High Divi...	Foreign Large Cap Equities, Dividend	85	16.04%	2.00B	Aug 2018	ZXM.TO vs VIDY.TO
CIC.TO	CI Canadian Banks Covered Call Income Class ETF	Financials Equities	97	28.44%	358.67M	Aug 2010	ZXM.TO vs CIC.TO
CMNY.TO	CI Money Market ETF CAD Series	Money Market	99	1.26%	—	Jul 2023	ZXM.TO vs CMNY.TO
TILV.TO	TD Q International Low Volatility ETF	Foreign Large Cap Equities	62	11.43%	130.72M	May 2019	ZXM.TO vs TILV.TO
EVO.TO	Evovest Global Equity ETF	Global Equities	9	10.26%	—	Mar 2024	ZXM.TO vs EVO.TO
ZLI.TO	BMO Low Volatility International Equity ETF	Foreign Large Cap Equities	20	5.53%	284.95M	Sep 2015	ZXM.TO vs ZLI.TO
RIDH.TO	RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF	Foreign Large Cap Equities	93	15.49%	156.05M	Oct 2014	ZXM.TO vs RIDH.TO
XSEA.TO	iShares ESG Aware MSCI EAFE Index ETF	Foreign Large Cap Equities	47	13.21%	368.09M	Mar 2019	ZXM.TO vs XSEA.TO
CEQT.TO	CI Equity Asset Allocation ETF	Diversified Portfolio	92	13.87%	—	May 2023	ZXM.TO vs CEQT.TO
ZWE.TO	BMO Europe High Dividend Covered Call Hedged to CA...	Foreign Large Cap Equities	43	5.74%	765.75M	Sep 2015	ZXM.TO vs ZWE.TO
FCIV.TO	Fidelity International Value ETF	Foreign Large Cap Equities	85	17.37%	2.31B	Jun 2025	ZXM.TO vs FCIV.TO
CGXF.TO	CI Gold+ Giants Covered Call ETF Common	Gold, Precious Metals	24	-12.78%	249.45M	Mar 2022	ZXM.TO vs CGXF.TO
FCRI.TO	Franklin International Core Equity Fund ETF Series	Foreign Large Cap Equities	78	10.44%	—	Jan 2026	ZXM.TO vs FCRI.TO

Compare ZXM.TO with Any Fund or Stock

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

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Diversifiers

Pair ZXM.TO with funds that move differently

CI Morningstar International Momentum Index ETF Common Units CAD Hedged alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ZXM.TO.

Explore ZXM.TO Diversifiers

CI Morningstar International Momentum Index ETF Common Units CAD Hedged (ZXM.TO) Alternatives