WXM.TO vs. CCCX-B.TO

Last updated Apr 1, 2026

Compare and contrast key facts about CI Morningstar Canada Momentum Index ETF (WXM.TO) and CI Galaxy Core Multi-Crypto ETF (CAD) (CCCX-B.TO).

WXM.TO and CCCX-B.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WXM.TO is a passively managed fund by CI Global Asset Management that tracks the performance of the Morningstar Canada Target Momentum Index. It was launched on Feb 13, 2012. CCCX-B.TO is an actively managed fund by CI Global Asset Management. It was launched on Aug 22, 2025.

Performance

WXM.TO vs. CCCX-B.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in CI Morningstar Canada Momentum Index ETF (WXM.TO) and CI Galaxy Core Multi-Crypto ETF (CAD) (CCCX-B.TO). The values are adjusted to include any dividend payments, if applicable.

WXM.TO vs. CCCX-B.TO - Yearly Performance Comparison

	2026 (YTD)	2025
WXM.TO CI Morningstar Canada Momentum Index ETF	8.73%	16.65%
CCCX-B.TO CI Galaxy Core Multi-Crypto ETF (CAD)	-26.11%	-27.81%

Returns By Period

In the year-to-date period, WXM.TO achieves a 8.73% return, which is significantly higher than CCCX-B.TO's -26.11% return.

WXM.TO

• 1D: 3.05%
• 1M: -4.45%
• YTD: 8.73%
• 6M: 21.99%
• 1Y: 47.64%
• 3Y*: 25.75%
• 5Y*: 18.27%
• 10Y*: 14.63%

CCCX-B.TO

• 1D: -1.33%
• 1M: 3.39%
• YTD: -26.11%
• 6M: -46.65%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

WXM.TO vs. CCCX-B.TO - Expense Ratio Comparison

WXM.TO has a 0.65% expense ratio, which is higher than CCCX-B.TO's 0.50% expense ratio.

WXM.TO

CI Morningstar Canada Momentum Index ETF

CCCX-B.TO

CI Galaxy Core Multi-Crypto ETF (CAD)

Return for Risk

WXM.TO vs. CCCX-B.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

WXM.TO

WXM.TO Risk / Return Rank: 97
WXM.TO Sharpe Ratio Rank: 97
WXM.TO Sortino Ratio Rank: 97
WXM.TO Omega Ratio Rank: 97
WXM.TO Calmar Ratio Rank: 96
WXM.TO Martin Ratio Rank: 97

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

WXM.TO vs. CCCX-B.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CI Morningstar Canada Momentum Index ETF (WXM.TO) and CI Galaxy Core Multi-Crypto ETF (CAD) (CCCX-B.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	WXM.TO	CCCX-B.TO	Difference
Sharpe ratio Return per unit of total volatility	2.84	—	—
Sortino ratio Return per unit of downside risk	3.56	—	—
Omega ratio Gain probability vs. loss probability	1.54	—	—
Calmar ratio Return relative to maximum drawdown	4.38	—	—
Martin ratio Return relative to average drawdown	19.78	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	WXM.TO	CCCX-B.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.84	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.17	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.88	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.88	-1.32	+2.20

Correlation

The correlation between WXM.TO and CCCX-B.TO is 0.05, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

WXM.TO vs. CCCX-B.TO - Dividend Comparison

WXM.TO's dividend yield for the trailing twelve months is around 1.26%, while CCCX-B.TO has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
WXM.TO CI Morningstar Canada Momentum Index ETF	1.26%	1.25%	1.27%	1.38%	2.25%	1.04%	0.78%	0.94%	1.44%	1.38%	1.58%	1.51%
CCCX-B.TO CI Galaxy Core Multi-Crypto ETF (CAD)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

WXM.TO vs. CCCX-B.TO - Drawdown Comparison

The maximum WXM.TO drawdown since its inception was -40.45%, smaller than the maximum CCCX-B.TO drawdown of -54.49%. Use the drawdown chart below to compare losses from any high point for WXM.TO and CCCX-B.TO.

Drawdown Indicators

	WXM.TO	CCCX-B.TO	Difference
Max Drawdown Largest peak-to-trough decline	-40.45%	-54.49%	+14.04%
Max Drawdown (1Y) Largest decline over 1 year	-11.18%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-15.87%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-40.45%	—	—
Current Drawdown Current decline from peak	-5.21%	-52.08%	+46.87%
Average Drawdown Average peak-to-trough decline	-4.52%	-28.87%	+24.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.48%	—	—

Volatility

Volatility by Period

	WXM.TO	CCCX-B.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.24%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.62%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.85%	49.94%	-33.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.74%	49.94%	-34.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.68%	49.94%	-33.26%