CI Morningstar International Value Index ETF Common Units (CAD Hedged) (VXM.TO) ETF Analysis

Fund Overview

CI Morningstar International Value Index ETF Common Units (CAD Hedged) (VXM.TO) is an exchange-traded fund. The fund is issued by CI Investments Inc. It has been trading since April 2, 2026.

Its biggest positions are Adecco Group AG (ADEN.SW), First Resources Ltd (EB5.SI), and Hoist Finance AB (HOFI.ST). Adecco Group AG alone accounts for 0.64% of the portfolio. The ten largest positions together make up 5.99% of the fund.

Performance Analysis

The most recent close on file for VXM.TO is CA$56.64, dated September 4, 2026. The trailing one-year price return is +32.45%. Measured over 5 years, that is +21.79% a year compounded. The fund distributes at a trailing yield of 1.74%.

Across the complete calendar years on file, 2025 returned +44.76% and 2020 returned −13.99%. Of the 7 complete calendar years on file, 6 finished higher. 2026 is still running; the price is +19.27% year to date.

Price & Risk Profile

Over the past 52 weeks the price has ranged from CA$43.38 to CA$56.86. The latest close sits 30.57% above that 52-week low. Daily returns over the trailing 8 years annualize to a volatility of 17.55%. Beta against the wider market is reported at 0.69. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.