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CI Morningstar Canada Value Index ETF - Common Units (FXM : TSX)
Canadian Equity
Click for more information on Fundata’s FundGrade
FundGrade A
Click for more information on Fundata’s FundGrade.
Click for more information on Fundata’s ESG Grade
Fundata ESG Grade D
Click for more information on Fundata’s ESG Grade.
|
Close (06-19-2026) |
$40.25 |
|---|---|
| Change |
-$0.03
(-0.07%)
|
| Open | $40.33 |
|---|---|
| Day Range | $40.25 - $40.43 |
| Volume | 2,380 |
As at May 31, 2026
As at May 31, 2026
As at May 31, 2026
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Fund Returns
Inception Return (February 13, 2012): 12.72%
| Row Heading | Return | Annualized Return | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
| Fund | 3.60% | 1.48% | 16.23% | 14.87% | 50.19% | 37.11% | 28.82% | 19.37% | 18.57% | 23.78% | 19.33% | 15.40% | 14.95% | 14.23% |
| Benchmark | 2.52% | 1.83% | 12.07% | 10.61% | 36.06% | 28.34% | 24.64% | 17.23% | 15.30% | 18.20% | 15.06% | 13.48% | 12.83% | 12.77% |
| Category Average | 2.09% | 9.80% | 9.80% | 8.54% | 26.16% | 21.90% | 19.54% | 13.65% | 12.54% | 15.44% | 12.30% | 10.86% | 10.22% | 10.20% |
| Category Rank | 8 / 763 | 447 / 759 | 22 / 754 | 19 / 755 | 7 / 719 | 2 / 690 | 7 / 670 | 11 / 653 | 8 / 573 | 5 / 552 | 3 / 523 | 9 / 471 | 4 / 445 | 11 / 416 |
| Quartile Ranking | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Monthly Return
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 4.91% | 1.93% | 4.74% | 6.02% | 1.30% | 7.42% | 1.18% | 3.07% | 9.83% | -3.49% | 1.49% | 3.60% |
| Benchmark | 2.91% | 1.69% | 4.96% | 5.40% | 0.97% | 3.86% | 1.32% | 0.84% | 7.72% | -4.32% | 3.81% | 2.52% |
Best Monthly Return Since Inception
22.84% (April 2020)
Worst Monthly Return Since Inception
-24.60% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 18.97% | 12.59% | -16.30% | 24.08% | 6.32% | 31.73% | -1.52% | 6.18% | 29.39% | 38.45% |
| Benchmark | 21.08% | 9.10% | -8.89% | 22.88% | 5.60% | 25.09% | -5.84% | 11.75% | 21.65% | 31.68% |
| Category Average | 16.46% | 6.89% | -9.47% | 19.21% | 3.42% | 23.26% | -4.82% | 9.85% | 17.87% | 23.63% |
| Quartile Ranking | 2 | 1 | 4 | 1 | 1 | 1 | 1 | 4 | 1 | 1 |
| Category Rank | 157/ 395 | 15/ 432 | 451/ 458 | 55/ 504 | 130/ 531 | 39/ 565 | 111/ 629 | 628/ 662 | 7/ 683 | 10/ 709 |
Best Calendar Return (Last 10 years)
38.45% (2025)
Worst Calendar Return (Last 10 years)
-16.30% (2018)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Equity | 97.32 |
| International Equity | 2.57 |
| Cash and Equivalents | 0.11 |
Sector Allocation
| Name | Percent |
|---|---|
| Basic Materials | 18.89 |
| Financial Services | 18.05 |
| Utilities | 16.08 |
| Telecommunications | 12.62 |
| Consumer Goods | 10.51 |
| Other | 23.85 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 97.43 |
| Asia | 2.57 |
Top Holdings
| Name | Percent |
|---|---|
| Russel Metals Inc | 4.24 |
| Power Corp of Canada | 4.00 |
| Athabasca Oil Corp | 3.96 |
| Baytex Energy Corp | 3.94 |
| Air Canada | 3.89 |
| Toronto-Dominion Bank | 3.82 |
| Linamar Corp | 3.67 |
| Bank of Montreal | 3.64 |
| Bank of Nova Scotia | 3.60 |
| Quebecor Inc Cl B | 3.59 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
CI Morningstar Canada Value Index ETF - Common Units
Median
Other - Canadian Equity
3 Yr Annualized
| Standard Deviation | 11.50% | 13.31% | 16.87% |
|---|---|---|---|
| Beta | 0.89% | 0.90% | 1.12% |
| Alpha | 0.06% | 0.04% | 0.00% |
| Rsquared | 0.71% | 0.71% | 0.75% |
| Sharpe | 1.97% | 1.14% | 0.77% |
| Sortino | 5.51% | 1.91% | 1.09% |
| Treynor | 0.25% | 0.17% | 0.11% |
| Tax Efficiency | 96.49% | 95.32% | 94.41% |
| Volatility |
|
|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 11.96% | 11.50% | 13.31% | 16.87% |
| Beta | 1.04% | 0.89% | 0.90% | 1.12% |
| Alpha | 0.09% | 0.06% | 0.04% | 0.00% |
| Rsquared | 0.81% | 0.71% | 0.71% | 0.75% |
| Sharpe | 3.32% | 1.97% | 1.14% | 0.77% |
| Sortino | - | 5.51% | 1.91% | 1.09% |
| Treynor | 0.38% | 0.25% | 0.17% | 0.11% |
| Tax Efficiency | 97.86% | 96.49% | 95.32% | 94.41% |
Fundata ESG Metrics
Fundata ESG Score
The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.
Fundata E Score
Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.
Fundata S Score
Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.
Fundata G Score
Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.
Powered by OWL Analytics. For more information, please contact Fundata Canada.
Fund Details
| Start Date | February 13, 2012 |
|---|---|
| Instrument Type | Exchange Traded Fund |
| Share Class | Do-It-Yourself |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Quarterly |
| Assets ($mil) | $481 |
| 52 Week High | $40.72 |
| 52 Week Low | $28.10 |
| Annual Dividend | $0.74 |
| Annual Yield | - |
| Index | Morningstar Canada Target Value Index |
| Shares Outstanding | - |
| Registered Plan Eligible | Yes |
ETF Characteristics
| Exposure | 1x performance |
|---|---|
| Asset Class High | - |
| Asset Class Medium | - |
| Asset Class Low | - |
| Leveraged | - |
| Inverse | - |
| Advisor Series | - |
| Covered Call Strategy | No |
Investment Objectives
The CI Morningstar Canada Value Index ETF has been designed to replicate, to the extent possible, the performance of the Morningstar Canada Value Index, net of expenses. The investment strategy of the First Asset Morningstar Canada Value Index ETF is to invest in and hold Constituent Securities of the Morningstar Canada Value Index.
Investment Strategy
The XTF Morningstar Canada Value Index ETF invests in equity securities of the largest and most liquid Canadian issuers based on proprietary research generated by Morningstar, and is designed to provide diversified exposure to Canadian issuers which are considered to be "good value" based on characteristics like low price to earnings and low price to cash flow ratios.
Portfolio Management
| Portfolio Manager |
CI Global Asset Management |
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
CI Global Asset Management |
|---|---|
| Custodian |
CIBC Mellon Trust Company |
| Registrar |
TSX Trust Company |
| Distributor |
- |
Fees
| MER | 0.64% |
|---|---|
| Management Fee | 0.60% |
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