VS
Compare CI First Asset Morningstar International Value Index ETF (VXM) vs CI Morningstar International Value Index ETF (VXM.U) to find the best fit for your portfolio. VXM and VXM.U provide the same top sector exposures: Industrials, Finance, and Consumer Cyclicals. When evaluating costs, VXM features a management fee (MER) of 0.6%, compared to 0.6% for VXM.U. 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
VXM
VXM.U
| AuM | $1,040.82 M | $4.26 M |
| Management Fees | 0.60% | 0.60% |
| Exp. ratio | 0.66% | 0.60% |
| Tracking Difference | -0.75% | - |
Historical performance and flows
As of July 6, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | VXM | +2.37% | +3.15% | +11.92% | +34.94% | +110.78% |
VXM.U | +1.06% | - | - | - | - | |
| Flows | VXM | +$100 M | +$287 M | +$555 M | +$774 M | +$912 M |
VXM.U | +$1 M | - | - | - | - |
VXM vs VXM.U exposure
Countries
VXM
Japan
39.59%
France
9.32%
Other
51.09%
VXM.U
Japan
39.59%
France
9.32%
Other
51.09%
Sectors
VXM
Industrials
18.77%
Finance
16.57%
Consumer Cyclicals
12.17%
Non-Energy Materials
10.84%
Utilities
9.82%
Consumer Non-Cyclicals
7.80%
Other
24.04%
VXM.U
Industrials
18.77%
Finance
16.57%
Consumer Cyclicals
12.17%
Non-Energy Materials
10.84%
Utilities
9.82%
Consumer Non-Cyclicals
7.80%
Other
24.04%
As of July 6, 2026
Top 10 Holdings
VXM
Nisshinbo Holdings, Inc.
0.75%
Ferrotec Corp.
0.71%
UACJ Corp.
0.66%
Aurubis AG
0.65%
NHK Spring Co., Ltd.
0.64%
SSAB AB
0.64%
GS Yuasa Corp.
0.63%
Valeo SE
0.62%
ArcelorMittal SA
0.62%
Oki Electric Industry Co., Ltd.
0.61%
VXM.U
Nisshinbo Holdings, Inc.
0.75%
Ferrotec Corp.
0.71%
UACJ Corp.
0.66%
Aurubis AG
0.65%
NHK Spring Co., Ltd.
0.64%
SSAB AB
0.64%
GS Yuasa Corp.
0.63%
Valeo SE
0.62%
ArcelorMittal SA
0.62%
Oki Electric Industry Co., Ltd.
0.61%
Diversification
VXM
Total weight of top 10 holdings out of 199 total
6.53%
VXM.U
Total weight of top 10 holdings out of 199 total
6.53%
Characteristics
Compare
VXM
VXM.U
| Provider | CI | CI |
| Management | Passively managed | Passively managed |
| Benchmark | Morningstar Developed Markets ex-North America Target Value Index Hedged NR CAD - CAD | Morningstar Developed Markets ex-North America Target Value Net Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.80% | - |
| Meets ESG criteria | No | No |
| Inception Date | November 13, 2014 | April 7, 2026 |
Frequently asked questions about VXM and VXM.U
Which ETF is larger by assets under management: VXM or VXM.U?
As of July 6, 2026, VXM manages $1.04 B in assets, while VXM.U manages $4.26 M. VXM is the larger fund by AUM.
How are VXM and VXM.U managed?
VXM is passively managed by CI. It tracks the Morningstar Developed Markets ex-North America Target Value Index Hedged NR CAD - CAD benchmark. VXM.U is passively managed by CI. It tracks the Morningstar Developed Markets ex-North America Target Value Net Total Return Index - CAD benchmark.
What sectors do VXM and VXM.U emphasize?
VXM is most exposed to Industrials, Finance, and Consumer Cyclicals. VXM.U is most exposed to Industrials, Finance, and Consumer Cyclicals.
How do the fees of VXM and VXM.U compare?
VXM has an expense ratio of 0.66%, while VXM.U has an expense ratio of 0.60%.
What are the top holdings of VXM and VXM.U?
VXM's largest holdings include Nisshinbo Holdings, Inc., Ferrotec Corp., and UACJ Corp.. VXM.U's top holdings include Nisshinbo Holdings, Inc., Ferrotec Corp., and UACJ Corp..
Which ETF is more diversified: VXM or VXM.U?
VXM holds 199 securities, while VXM.U holds 199. On holdings count, VXM is the more diversified portfolio.
Recent articles about VXM and VXM.U
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