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%	45.75M	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 CAD	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 71. There are 3 ETFs in the Momentum category with higher risk-adjusted ranks, going as high as 88.

Symbol	Name	Risk / Return Rank	AUM	Inception
WXM.TO	CI Morningstar Canada Momentum Index ETF	88	1.57B	Feb 2012	ZXM.TO vs WXM.TO
VMO.TO	Vanguard Global Momentum Factor ETF CAD	78	464.43M	Jun 2016	ZXM.TO vs VMO.TO
FCCM.NEO	Fidelity Canadian Momentum Index ETF	76	—	Jun 2020	ZXM.TO vs FCCM.NEO
FCIM.NEO	Fidelity International Momentum Index ETF	67	—	Jun 2020	ZXM.TO vs FCIM.NEO
XMTM.TO	iShares MSCI USA Momentum Factor Index ETF	65	45.75M	Sep 2019	ZXM.TO vs XMTM.TO

Top Performing ZXM.TO Alternatives (YTD)

ZXM.TO is at 12.33% YTD. There are 5 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	ZXM.TO vs XMTM.TO
VMO.TO	Vanguard Global Momentum Factor ETF CAD	25.71%	464.43M	Jun 2016	ZXM.TO vs VMO.TO
FCMO.NEO	Fidelity US Momentum ETF	20.55%	—	Jun 2020	ZXM.TO vs FCMO.NEO
FCIM.NEO	Fidelity International Momentum Index ETF	20.03%	—	Jun 2020	ZXM.TO vs FCIM.NEO
WXM.TO	CI Morningstar Canada Momentum Index ETF	18.83%	1.57B	Feb 2012	ZXM.TO vs WXM.TO

Lowest Volatility Alternatives to ZXM.TO

ZXM.TO has 14.62% 1-year volatility. No ETFs in the Momentum category have lower 1-year volatility; the lowest-volatility alternatives shown here go as low as 15.02%.

Symbol	Name	Volatility 1Y	AUM	Inception
WXM.TO	CI Morningstar Canada Momentum Index ETF	15.02%	1.57B	Feb 2012	ZXM.TO vs WXM.TO
FCCM.NEO	Fidelity Canadian Momentum Index ETF	15.56%	—	Jun 2020	ZXM.TO vs FCCM.NEO
FCIM.NEO	Fidelity International Momentum Index ETF	16.67%	—	Jun 2020	ZXM.TO vs FCIM.NEO
FCMO.NEO	Fidelity US Momentum ETF	18.30%	—	Jun 2020	ZXM.TO vs FCMO.NEO
XMTM.TO	iShares MSCI USA Momentum Factor Index ETF	18.57%	45.75M	Sep 2019	ZXM.TO vs XMTM.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%	1.57B	Feb 2012	ZXM.TO vs WXM.TO
VMO.TO	Vanguard Global Momentum Factor ETF CAD	-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%	45.75M	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 $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	ZXM.TO vs BTCX-B.TO
CMGG.TO	CI Munro Global Growth Equity Fund	Global Equities	69	21.24%	—	Jan 2021	ZXM.TO vs CMGG.TO
CCCX.TO	CI Galaxy Core Multi-Crypto ETF	Cryptocurrency	—	-26.82%	—	Aug 2025	ZXM.TO vs CCCX.TO
ETHX.TO	CI Galaxy Ethereum ETF CAD Hedged Series	Cryptocurrency	—	-40.07%	—	Aug 2025	ZXM.TO vs ETHX.TO
CGHY.TO	CI High Yield Bond Private Pool ETF C$ Series	High Yield Bonds	48	3.03%	—	Apr 2022	ZXM.TO vs CGHY.TO
CCCX-B.TO	CI Galaxy Core Multi-Crypto ETF (CAD)	Cryptocurrency	—	-28.96%	—	Aug 2025	ZXM.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	ZXM.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	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	82	10.12%	911.96M	Nov 2014	ZXM.TO vs VXM.TO
XDSR.TO	iShares ESG Advanced MSCI EAFE Index ETF	Foreign Large Cap Equities	36	11.94%	357.29M	Apr 2020	ZXM.TO vs XDSR.TO
CCOM.TO	CI Auspice Broad Commodity Fund ETF Hedged Units	Commodities	70	14.12%	—	May 2023	ZXM.TO vs CCOM.TO
QDX.TO	Mackenzie International Equity Index ETF	Foreign Large Cap Equities	48	10.16%	1.52B	Jan 2018	ZXM.TO vs QDX.TO
FCIL.NEO	Fidelity International Low Volatility ETF	Foreign Large Cap Equities	23	4.36%	—	Jan 2019	ZXM.TO vs FCIL.NEO
XEC.TO	iShares Core MSCI Emerging Markets IMI Index ETF	Emerging Markets Equities	86	27.92%	4.54B	Apr 2013	ZXM.TO vs XEC.TO
VXM-B.TO	CI Morningstar International Value Index ETF (Unhe...	Foreign Small & Mid Cap Equities	73	10.02%	—	Nov 2014	ZXM.TO vs VXM-B.TO
VIDY.TO	Vanguard FTSE Developed ex North America High Divi...	Foreign Large Cap Equities, Dividend	59	10.45%	1.90B	Aug 2018	ZXM.TO vs VIDY.TO
CIC.TO	CI Canadian Banks Covered Call Income Class ETF	Financials Equities	95	16.07%	423.04M	Aug 2010	ZXM.TO vs CIC.TO
CMNY.TO	CI Money Market ETF CAD Series	Money Market	99	0.99%	—	Jul 2023	ZXM.TO vs CMNY.TO
TILV.TO	TD Q International Low Volatility ETF	Foreign Large Cap Equities	36	6.87%	133.63M	May 2019	ZXM.TO vs TILV.TO
RIDH.TO	RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF	Foreign Large Cap Equities	81	11.50%	145.76M	Oct 2014	ZXM.TO vs RIDH.TO
ZWE.TO	BMO Europe High Dividend Covered Call Hedged to CA...	Foreign Large Cap Equities	30	3.89%	762.24M	Sep 2015	ZXM.TO vs ZWE.TO
CEQT.TO	CI Equity Asset Allocation ETF	Diversified Portfolio	90	13.14%	—	May 2023	ZXM.TO vs CEQT.TO
EVO.TO	Evovest Global Equity ETF	Global Equities	21	8.74%	—	Mar 2024	ZXM.TO vs EVO.TO
CGXF.TO	CI Gold+ Giants Covered Call ETF Common	Gold, Precious Metals	31	-2.14%	247.50M	Mar 2022	ZXM.TO vs CGXF.TO
ZLI.TO	BMO Low Volatility International Equity ETF	Foreign Large Cap Equities	9	0.78%	284.99M	Sep 2015	ZXM.TO vs ZLI.TO
FCIV.TO	Fidelity International Value ETF	Foreign Large Cap Equities	64	12.00%	2.08B	Jun 2025	ZXM.TO vs FCIV.TO
FCRI.TO	Franklin International Core Equity Fund ETF Series	Foreign Large Cap Equities	—	6.96%	—	Jan 2026	ZXM.TO vs FCRI.TO
XSEA.TO	iShares ESG Aware MSCI EAFE Index ETF	Foreign Large Cap Equities	42	9.71%	351.13M	Mar 2019	ZXM.TO vs XSEA.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