CI Morningstar National Bank Québec Index ETF Common (QXM.TO) ETF Analysis

Fund Overview

CI Morningstar National Bank Québec Index ETF Common (QXM.TO) is an exchange-traded fund. The fund holds CA$93.20M in total net assets. The fund is issued by CI Investments Inc. The inception date on file is February 2, 2012.

The largest positions on file are iA Financial Corp Inc (IAG.TO), Power Corporation of Canada Shs Subord.Voting (POW.TO), and Bombardier Inc Registered Shs -B- Subord Vtg (BBD-B.TO). iA Financial Corp Inc alone accounts for 5.69% of the portfolio. The ten largest positions together make up 52.6% of the fund.

Performance Analysis

QXM.TO last closed at CA$41.00 on September 4, 2026. The trailing one-year price return is +19.30%. Measured over 5 years, that is +9.09% a year compounded. The fund distributes at a trailing yield of 1%.

The strongest complete calendar year on file is 2019 at +24.81%; the weakest is 2022 at −6.91%. Of the 7 complete calendar years on file, 6 finished higher. 2026 is still running; the price is +7.36% year to date.

Price & Risk Profile

Annualized volatility over the trailing 8 years is 17.09%. The reported beta is 0.92. Over the past 52 weeks the price has ranged from CA$34.74 to CA$42.50. The latest close sits 18.02% above that 52-week low. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.