VS
When evaluating costs, FCMO features a management fee (MER) of 0.35%, compared to 0.05% for XIC. Performance-wise, FCMO has returned 13.73% year-to-date with +$677 M in net flows, whereas XIC is at 12.78% with +$7 B. 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
FCMO
XIC
| AuM | $2,254.50 M | $31,737.82 M |
| Management Fees | 0.35% | 0.05% |
| Exp. ratio | 0.38% | 0.06% |
| Tracking Difference | -0.61% | -0.10% |
Historical performance and flows
As of July 29, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FCMO | -7.77% | +3.35% | +13.73% | +19.01% | +114.72% |
XIC | +1.64% | +4.55% | +12.78% | +31.22% | +85.86% | |
| Flows | FCMO | +$73 M | +$249 M | +$677 M | +$1,111 M | +$1,778 M |
XIC | +$945 M | +$1,839 M | +$6,880 M | +$8,197 M | +$12,994 M |
FCMO vs XIC exposure
Countries
FCMO
Exposure data will be available soon
XIC
Canada
96.25%
Sectors
FCMO
Exposure data will be available soon
XIC
Finance
42.08%
Energy
16.27%
Non-Energy Materials
15.91%
Industrials
8.25%
Other
17.49%
As of July 29, 2026
Top 10 Holdings
FCMO
Exposure data will be available soon
XIC
Royal Bank of Canada
8.22%
The Toronto-Dominion Bank
5.77%
Shopify, Inc.
3.97%
Bank of Montreal
3.52%
Enbridge, Inc.
3.36%
The Bank of Nova Scotia
3.04%
Canadian Imperial Bank of Commerce
3.01%
Brookfield Corp.
2.59%
Canadian Natural Resources Ltd.
2.35%
Agnico Eagle Mines Ltd.
2.25%
Diversification
FCMO
Exposure data will be available soon
XIC
Total weight of top 10 holdings out of 221 total
38.08%
Characteristics
Compare
FCMO
XIC
| Provider | Fidelity | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | Fidelity Canada U.S. Momentum GTR Index - CAD | S&P/TSX Capped Composite Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.33% | 1.99% |
| Meets ESG criteria | No | No |
| Inception Date | June 10, 2020 | February 16, 2001 |
Frequently asked questions about FCMO and XIC
Which ETF has performed better year to date: FCMO or XIC?
As of July 29, 2026, FCMO has returned 13.73% year to date, while XIC has returned 12.78%. FCMO is ahead on YTD performance.
Which ETF is larger by assets under management: FCMO or XIC?
As of July 29, 2026, FCMO manages $2.25 B in assets, while XIC manages $31.74 B. XIC is the larger fund by AUM.
How are FCMO and XIC managed?
FCMO is passively managed by Fidelity. It tracks the Fidelity Canada U.S. Momentum GTR Index - CAD benchmark. XIC is passively managed by iShares. It tracks the S&P/TSX Capped Composite Total Return Index - CAD benchmark.
Which ETF is attracting more investor flows: FCMO or XIC?
Year to date, FCMO has seen +$676.50 M in net flows, compared with +$6,879.87 M for XIC. XIC has attracted more net investor money so far.
How do the fees of FCMO and XIC compare?
FCMO has an expense ratio of 0.38%, while XIC has an expense ratio of 0.06%.
Recent articles about FCMO and XIC
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All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.