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Fidelity International Momentum Index ETF (FCIM) and iShares MSCI EAFE Minimum Volatility Index ETF (XMI) offer distinct profiles for Canadian ETF investors. A direct comparison shows that FCIM focuses its top 3 sector exposures on Financials, Industrials, and Communication Services, while XMI leans towards Financials, Industrials, and Consumer Staples. When evaluating costs, FCIM features a management fee (MER) of 0.45%, compared to 0.35% for XMI. Performance-wise, FCIM has returned 15.91% year-to-date with +$464 M in net flows, whereas XMI is at 7.8% with -$14 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
FCIM
XMI
| AuM | $1,718.17 M | $176.89 M |
| Management Fees | 0.45% | 0.35% |
| Exp. ratio | 0.49% | 0.37% |
| Tracking Difference | -1.35% | - |
Historical performance and flows
As of June 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FCIM | -1.61% | +7.33% | +15.91% | +35.24% | +118.28% |
XMI | +2.24% | +3.36% | +7.80% | +12.91% | +50.41% | |
| Flows | FCIM | +$61 M | +$181 M | +$464 M | +$969 M | +$1,334 M |
XMI | -$0 M | -$5 M | -$14 M | -$7 M | -$18 M |
FCIM vs XMI exposure
Countries
FCIM
Japan
21.87%
Other
19.32%
United Kingdom
13.08%
Australia
7.45%
Other
38.27%
XMI
Japan
26.41%
Switzerland
10.89%
United Kingdom
9.94%
Other
52.76%
Sectors
FCIM
Financials
25.21%
Other
20.40%
Industrials
10.87%
Communication Services
9.84%
Real Estate
9.20%
Utilities
9.01%
Other
15.48%
XMI
Financials
19.00%
Industrials
12.59%
Consumer Staples
10.90%
Health Care
10.66%
Communication Services
9.59%
Utilities
9.07%
Other
28.19%
As of June 11, 2026
Top 10 Holdings
FCIM
SOFTBANK GROUP CORP
3.97%
ENLIGHT RENEWABLE ENERGY
3.77%
MITSUBISHI ESTATE
3.40%
SWISS PRIME SITE
3.15%
TELECOM ITALIA
3.10%
ENGIE
2.98%
VODAFONE GROUP
2.77%
HENDERSON
2.65%
BHP GROUP LTD
2.46%
TOKYO GAS
2.26%
XMI
ENI
1.68%
TOTALENERGIES SE
1.67%
SHELL PLC
1.57%
EQUINOR
1.56%
IBERDROLA SA
1.51%
DBS GROUP HOLDINGS
1.47%
ORANGE
1.43%
SWISSCOM
1.41%
TAKEDA PHARMACEUTICAL
1.41%
NOVARTIS
1.36%
Diversification
FCIM
Total weight of top 10 holdings out of 85 total
30.50%
XMI
Total weight of top 10 holdings out of 243 total
15.08%
Characteristics
Compare
FCIM
XMI
| Provider | Fidelity | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | Fidelity Canada International Momentum GTR Index - CAD | MSCI EAFE Minimum Volatility Net Total Return Index - USD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.42% | 2.50% |
| Meets ESG criteria | No | No |
| Inception Date | June 10, 2020 | July 24, 2012 |
Frequently asked questions about FCIM and XMI
Which ETF has performed better year to date: FCIM or XMI?
As of June 11, 2026, FCIM has returned 15.91% year to date, while XMI has returned 7.80%. FCIM is ahead on YTD performance.
Which ETF is larger by assets under management: FCIM or XMI?
As of June 11, 2026, FCIM manages $1.72 B in assets, while XMI manages $176.89 M. FCIM is the larger fund by AUM.
How are FCIM and XMI managed?
FCIM is passively managed by Fidelity. It tracks the Fidelity Canada International Momentum GTR Index - CAD benchmark. XMI is passively managed by iShares. It tracks the MSCI EAFE Minimum Volatility Net Total Return Index - USD benchmark.
What sectors do FCIM and XMI emphasize?
FCIM is most exposed to Financials, Industrials, and Communication Services. XMI is most exposed to Financials, Industrials, and Consumer Staples.
Which ETF is attracting more investor flows: FCIM or XMI?
Year to date, FCIM has seen +$463.73 M in net flows, compared with -$13.74 M for XMI. FCIM has attracted more net investor money so far.
How do the fees of FCIM and XMI compare?
FCIM has an expense ratio of 0.49%, while XMI has an expense ratio of 0.37%.
What are the top holdings of FCIM and XMI?
FCIM's largest holdings include SOFTBANK GROUP CORP, ENLIGHT RENEWABLE ENERGY, and MITSUBISHI ESTATE. XMI's top holdings include ENI and TOTALENERGIES SE.
Which ETF is more diversified: FCIM or XMI?
FCIM holds 84 securities, while XMI holds 234. On holdings count, XMI is the more diversified portfolio.
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