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 0.32%.

Symbol	Name	Expense Ratio	AUM	Inception
XMTM.TO	iShares MSCI USA Momentum Factor Index ETF	0.32%	34.17M	Sep 2019	ZXM.TO vs XMTM.TO
FCCM.NEO	Fidelity Canadian Momentum ETF	0.38%	—	Jun 2020	ZXM.TO vs FCCM.NEO
VMO.TO	Vanguard Global Momentum Factor ETF	0.38%	511.94M	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 72. There are 2 ETFs in the Momentum category with higher risk-adjusted ranks, going as high as 88.

Symbol	Name	Risk / Return Rank	AUM	Inception
FCCM.NEO	Fidelity Canadian Momentum ETF	88	—	Jun 2020	ZXM.TO vs FCCM.NEO
WXM.TO	CI Morningstar Canada Momentum Index ETF	86	1.30B	Feb 2012	ZXM.TO vs WXM.TO
FCIM.NEO	Fidelity International Momentum Index ETF	69	—	Jun 2020	ZXM.TO vs FCIM.NEO
ZFC.TO	BMO SIA Focused Canadian Equity Fund	62	84.01M	Dec 2018	ZXM.TO vs ZFC.TO
VMO.TO	Vanguard Global Momentum Factor ETF	49	511.94M	Jun 2016	ZXM.TO vs VMO.TO

Top Performing ZXM.TO Alternatives (YTD)

ZXM.TO is at 12.37% YTD. There are 6 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	ZXM.TO vs XMTM.TO
ZFC.TO	BMO SIA Focused Canadian Equity Fund	17.68%	84.01M	Dec 2018	ZXM.TO vs ZFC.TO
FCMO.NEO	Fidelity US Momentum ETF	17.32%	—	Jun 2020	ZXM.TO vs FCMO.NEO
FCIM.NEO	Fidelity International Momentum Index ETF	16.97%	—	Jun 2020	ZXM.TO vs FCIM.NEO
VMO.TO	Vanguard Global Momentum Factor ETF	16.22%	511.94M	Jun 2016	ZXM.TO vs VMO.TO

Lowest Volatility Alternatives to ZXM.TO

ZXM.TO has 16.60% 1-year volatility. There are 2 ETFs in the Momentum category with lower 1-year volatility, going as low as 16.39%.

Symbol	Name	Volatility 1Y	AUM	Inception
WXM.TO	CI Morningstar Canada Momentum Index ETF	16.39%	1.30B	Feb 2012	ZXM.TO vs WXM.TO
FCCM.NEO	Fidelity Canadian Momentum ETF	16.56%	—	Jun 2020	ZXM.TO vs FCCM.NEO
UDA.TO	Caldwell U.S. Dividend Advantage Fund	17.61%	43.88M	Jun 2015	ZXM.TO vs UDA.TO
FCIM.NEO	Fidelity International Momentum Index ETF	20.43%	—	Jun 2020	ZXM.TO vs FCIM.NEO
FCMO.NEO	Fidelity US Momentum ETF	20.67%	—	Jun 2020	ZXM.TO vs FCMO.NEO

Lowest Drawdown Alternatives to ZXM.TO

ZXM.TO has a 1-year max drawdown of -10.35%. There are 3 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	ZXM.TO vs ZFC.TO
UDA.TO	Caldwell U.S. Dividend Advantage Fund	-8.61%	43.88M	Jun 2015	ZXM.TO vs UDA.TO
WXM.TO	CI Morningstar Canada Momentum Index ETF	-9.49%	1.30B	Feb 2012	ZXM.TO vs WXM.TO
FCMO.NEO	Fidelity US Momentum ETF	-10.91%	—	Jun 2020	ZXM.TO vs FCMO.NEO
FCCM.NEO	Fidelity Canadian Momentum ETF	-12.36%	—	Jun 2020	ZXM.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	ZXM.TO vs BTCX-B.TO
CIAI.TO	CI Global Artificial Intelligence ETF	Artificial Intelligence, Technology Equities	38	19.72%	—	May 2024	ZXM.TO vs CIAI.TO
VXM.TO	CI Morningstar International Value CAD Hedged	Foreign Small & Mid Cap Equities	90	15.25%	1.12B	Nov 2014	ZXM.TO vs VXM.TO
VALT.TO	CI Gold Bullion ETF	Gold, Precious Metals	27	-7.03%	—	Jan 2021	ZXM.TO vs VALT.TO
CSAV.TO	CI High Interest Savings ETF	Money Market	99	1.18%	4.51B	Jun 2019	ZXM.TO vs CSAV.TO
JAPN.TO	CI WisdomTree Japan Equity Index ETF	Japan Equities, Asia Pacific Equities	91	20.60%	56.38M	Aug 2018	ZXM.TO vs JAPN.TO
TXF.TO	CI Tech Giants Covered Call Common	Technology Equities, Derivative Income	50	14.26%	777.65M	Oct 2011	ZXM.TO vs TXF.TO
FXM.TO	CI Morningstar Canada Value Index ETF	Canada Equities	96	18.11%	495.59M	Feb 2012	ZXM.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	ZXM.TO vs CLML.TO
CCOM.TO	CI Auspice Broad Commodity Fund ETF Hedged Units	Commodities	77	14.17%	—	May 2023	ZXM.TO vs CCOM.TO

Often Compared With ZXM.TO

Investors most often compare ZXM.TO with XDSR.TO, FCIL.NEO, QDX.TO. These 20 comparison targets span 18 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
XDSR.TO	iShares ESG Advanced MSCI EAFE Index ETF	Foreign Large Cap Equities	57	14.86%	968.98M	Apr 2020	ZXM.TO vs XDSR.TO
FCIL.NEO	Fidelity International Low Volatility ETF	Foreign Large Cap Equities, Low Volatility	66	11.94%	—	Jan 2019	ZXM.TO vs FCIL.NEO
QDX.TO	Mackenzie International Equity Index ETF	Foreign Large Cap Equities	70	14.10%	1.74B	Jan 2018	ZXM.TO vs QDX.TO
FLI.TO	CI U.S. & Canada Lifeco Covered Call ETF (Hedged C...	Derivative Income, Financials Equities, Options Trading, Actively Managed	86	19.05%	91.96M	Aug 2013	ZXM.TO vs FLI.TO
XEC.TO	iShares Core MSCI Emerging Markets IMI Index ETF	Emerging Markets Equities	61	18.75%	4.49B	Apr 2013	ZXM.TO vs XEC.TO
VXM-B.TO	CI Morningstar International Value Index ETF (Unhe...	Foreign Small & Mid Cap Equities	87	16.26%	—	Nov 2014	ZXM.TO vs VXM-B.TO
VIDY.TO	Vanguard FTSE Developed ex North America High Divi...	Foreign Large Cap Equities, Dividend	91	19.14%	2.00B	Aug 2018	ZXM.TO vs VIDY.TO
CIC.TO	CI Canadian Banks Covered Call Income Class ETF	Financials Equities	97	26.83%	353.44M	Aug 2010	ZXM.TO vs CIC.TO
CMNY.TO	CI Money Market ETF CAD Series	Money Market	99	1.40%	—	Jul 2023	ZXM.TO vs CMNY.TO
TILV.TO	TD Q International Low Volatility ETF	Foreign Large Cap Equities, Low Volatility	79	14.97%	133.48M	May 2019	ZXM.TO vs TILV.TO
EVO.TO	Evovest Global Equity ETF	Global Equities	9	9.47%	—	Mar 2024	ZXM.TO vs EVO.TO
ZLI.TO	BMO Low Volatility International Equity ETF	Foreign Large Cap Equities, Low Volatility	35	8.28%	292.98M	Sep 2015	ZXM.TO vs ZLI.TO
CCCX.TO	CI Galaxy Core Multi-Crypto ETF	Cryptocurrency	—	-33.01%	—	Aug 2025	ZXM.TO vs CCCX.TO
CEQT.TO	CI Equity Asset Allocation ETF	Diversified Portfolio	91	13.51%	—	May 2023	ZXM.TO vs CEQT.TO
RIDH.TO	RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF	Foreign Large Cap Equities	93	16.37%	157.11M	Oct 2014	ZXM.TO vs RIDH.TO
XSEA.TO	iShares ESG Aware MSCI EAFE Index ETF	Foreign Large Cap Equities	54	14.15%	371.04M	Mar 2019	ZXM.TO vs XSEA.TO
ZWE.TO	BMO Europe High Dividend Covered Call Hedged to CA...	Europe Equities, Derivative Income, Dividend	60	8.05%	781.38M	Sep 2015	ZXM.TO vs ZWE.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	ZXM.TO vs CDLB.TO
CGXF.TO	CI Gold+ Giants Covered Call ETF Common	Gold, Precious Metals	28	-14.15%	252.07M	Mar 2022	ZXM.TO vs CGXF.TO
CMGG.TO	CI Munro Global Growth Equity Fund	Global Equities	33	11.95%	—	Jan 2021	ZXM.TO vs CMGG.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