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%	40.47M	Sep 2019	ZXM.TO vs XMTM.TO
FCCM.NEO	Fidelity Canadian Momentum Index ETF	0.38%	—	Jun 2020	ZXM.TO vs FCCM.NEO
VMO.TO	Vanguard Global Momentum Factor ETF	0.38%	464.43M	Jun 2016	ZXM.TO vs VMO.TO
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 82. There is 1 ETF in the Momentum category with a higher risk-adjusted rank, going as high as 85.

Symbol	Name	Risk / Return Rank	AUM	Inception
WXM.TO	CI Morningstar Canada Momentum Index ETF	85	1.60B	Feb 2012	ZXM.TO vs WXM.TO
VMO.TO	Vanguard Global Momentum Factor ETF	80	464.43M	Jun 2016	ZXM.TO vs VMO.TO
FCCM.NEO	Fidelity Canadian Momentum Index ETF	79	—	Jun 2020	ZXM.TO vs FCCM.NEO
FCIM.NEO	Fidelity International Momentum Index ETF	75	—	Jun 2020	ZXM.TO vs FCIM.NEO
XMTM.TO	iShares MSCI USA Momentum Factor Index ETF	69	40.47M	Sep 2019	ZXM.TO vs XMTM.TO

Top Performing ZXM.TO Alternatives (YTD)

ZXM.TO is at 16.04% YTD. There are 4 ETFs in the Momentum category with higher YTD returns, going as high as 36.38%.

Symbol	Name	YTD Return	AUM	Inception
XMTM.TO	iShares MSCI USA Momentum Factor Index ETF	36.38%	40.47M	Sep 2019	ZXM.TO vs XMTM.TO
VMO.TO	Vanguard Global Momentum Factor ETF	28.30%	464.43M	Jun 2016	ZXM.TO vs VMO.TO
FCIM.NEO	Fidelity International Momentum Index ETF	22.98%	—	Jun 2020	ZXM.TO vs FCIM.NEO
FCMO.NEO	Fidelity US Momentum ETF	21.75%	—	Jun 2020	ZXM.TO vs FCMO.NEO
WXM.TO	CI Morningstar Canada Momentum Index ETF	13.84%	1.60B	Feb 2012	ZXM.TO vs WXM.TO

Lowest Volatility Alternatives to ZXM.TO

ZXM.TO has 15.70% 1-year volatility. No ETFs in the Momentum category have lower 1-year volatility; the lowest-volatility alternatives shown here go as low as 15.74%.

Symbol	Name	Volatility 1Y	AUM	Inception
WXM.TO	CI Morningstar Canada Momentum Index ETF	15.74%	1.60B	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	19.02%	—	Jun 2020	ZXM.TO vs FCIM.NEO
FCMO.NEO	Fidelity US Momentum ETF	19.79%	—	Jun 2020	ZXM.TO vs FCMO.NEO
VMO.TO	Vanguard Global Momentum Factor ETF	20.75%	464.43M	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%	1.60B	Feb 2012	ZXM.TO vs WXM.TO
VMO.TO	Vanguard Global Momentum Factor ETF	-10.07%	464.43M	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%	40.47M	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 $705M.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
BTCX-B.TO	CI Galaxy Bitcoin ETF C$ Unhedged Series Units	Cryptocurrency	2	-29.40%	704.55M	Mar 2021	ZXM.TO vs BTCX-B.TO
CMGG.TO	CI Munro Global Growth Equity Fund	Global Equities	65	21.26%	—	Jan 2021	ZXM.TO vs CMGG.TO
CCCX.TO	CI Galaxy Core Multi-Crypto ETF	Cryptocurrency	—	-34.80%	—	Aug 2025	ZXM.TO vs CCCX.TO
ETHX.TO	CI Galaxy Ethereum ETF CAD Hedged Series	Cryptocurrency	—	-44.83%	—	Aug 2025	ZXM.TO vs ETHX.TO
CGHY.TO	CI High Yield Bond Private Pool ETF C$ Series	High Yield Bonds	42	3.03%	—	Apr 2022	ZXM.TO vs CGHY.TO
CCCX-B.TO	CI Galaxy Core Multi-Crypto ETF (CAD)	Cryptocurrency	—	-29.67%	—	Aug 2025	ZXM.TO vs CCCX-B.TO
FLI.TO	CI U.S. & Canada Lifeco Covered Call ETF (Hedged C...	Derivative Income	56	12.46%	87.79M	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	26	-0.85%	1.23M	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	86	9.44%	995.46M	Nov 2014	ZXM.TO vs VXM.TO
XDSR.TO	iShares ESG Advanced MSCI EAFE Index ETF	Foreign Large Cap Equities	45	14.81%	382.27M	Apr 2020	ZXM.TO vs XDSR.TO
CCOM.TO	CI Auspice Broad Commodity Fund ETF Hedged Units	Commodities	32	4.46%	—	May 2023	ZXM.TO vs CCOM.TO
QDX.TO	Mackenzie International Equity Index ETF	Foreign Large Cap Equities	57	12.21%	1.67B	Jan 2018	ZXM.TO vs QDX.TO
FCIL.NEO	Fidelity International Low Volatility ETF	Foreign Large Cap Equities	39	7.23%	—	Jan 2019	ZXM.TO vs FCIL.NEO
XEC.TO	iShares Core MSCI Emerging Markets IMI Index ETF	Emerging Markets Equities	78	26.75%	4.78B	Apr 2013	ZXM.TO vs XEC.TO
VXM-B.TO	CI Morningstar International Value Index ETF (Unhe...	Foreign Small & Mid Cap Equities	79	10.47%	—	Nov 2014	ZXM.TO vs VXM-B.TO
VIDY.TO	Vanguard FTSE Developed ex North America High Divi...	Foreign Large Cap Equities, Dividend	75	13.09%	1.90B	Aug 2018	ZXM.TO vs VIDY.TO
CMNY.TO	CI Money Market ETF CAD Series	Money Market	99	1.11%	—	Jul 2023	ZXM.TO vs CMNY.TO
CIC.TO	CI Canadian Banks Covered Call Income Class ETF	Financials Equities	97	24.90%	348.36M	Aug 2010	ZXM.TO vs CIC.TO
EVO.TO	Evovest Global Equity ETF	Global Equities	11	13.06%	—	Mar 2024	ZXM.TO vs EVO.TO
TILV.TO	TD Q International Low Volatility ETF	Foreign Large Cap Equities	47	9.39%	135.17M	May 2019	ZXM.TO vs TILV.TO
RIDH.TO	RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF	Foreign Large Cap Equities	90	13.13%	149.91M	Oct 2014	ZXM.TO vs RIDH.TO
ZLI.TO	BMO Low Volatility International Equity ETF	Foreign Large Cap Equities	11	2.88%	291.46M	Sep 2015	ZXM.TO vs ZLI.TO
CEQT.TO	CI Equity Asset Allocation ETF	Diversified Portfolio	92	13.27%	—	May 2023	ZXM.TO vs CEQT.TO
ZWE.TO	BMO Europe High Dividend Covered Call Hedged to CA...	Foreign Large Cap Equities	43	5.54%	764.75M	Sep 2015	ZXM.TO vs ZWE.TO
CGXF.TO	CI Gold+ Giants Covered Call ETF Common	Gold, Precious Metals	23	-11.82%	243.61M	Mar 2022	ZXM.TO vs CGXF.TO
FCIV.TO	Fidelity International Value ETF	Foreign Large Cap Equities	77	14.83%	2.19B	Jun 2025	ZXM.TO vs FCIV.TO
XSEA.TO	iShares ESG Aware MSCI EAFE Index ETF	Foreign Large Cap Equities	46	12.59%	366.74M	Mar 2019	ZXM.TO vs XSEA.TO
FCRI.TO	Franklin International Core Equity Fund ETF Series	Foreign Large Cap Equities	—	8.45%	—	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