VXM.TO CI Morningstar International Value Index ETF Trust Units -Hedged-

Issuer

CIGlobal

Inception

Nov 13, 2014

AUM

C$1.3B

Expense ratio

0.64%

Yield

1.93%

Asset class

International Equity

Holdings

Last price

C$55.58

The fund targets the most liquid stocks with attractive valuations. Securities of companies that are listed, incorporated, domiciled, and have their primary business in developed markets outside the US & Canada are scored and ranked based on five fundamental factors: 1) price to earnings ratio, 2) price to cash flow ratio, 3) price to book value, 4) price to sales ratio and 5) upward earnings estimate revisions. The fund also applies an additional liquidity screen and selects 200 equally-weighted securities. The index rebalances and reconstitutes quarterly. Overall, the funds international take on value may be a used as a core investment or as a complement to FXM and XXM which on the other hand focuses on Canadian and US value stocks, respectively. Prior to April 22, 2021, the fund name was CI First Asset Morningstar International Value Index ETF.

+21.4%

2025-11-13low 44.95 · high 57.162026-11-13

Performance

	1M	3M	YTD	1Y	3Y ann.	5Y ann.
VXM.TO	+0.3%	-0.3%	+15.7%	+21.6%	+24.9%	+16.9%
International Equity average (17 funds)	+1.3%	-1.2%	+15.0%	+19.1%	+21.7%	+11.7%

Insider activity in the holdings

Open-market insider buying across this fund’s holdings over 90 days, weighted by holding weight: +$1K net.

Holding	Weight	Insiders bought	Insiders sold
EOAN.DE E.ON SE	0.55%	$224K	$0

Holdings · as of Nov 13, 2026

#	Holding	Weight
1	ACAD.ST ACADEMEDIA AB	0.65%
2	KGF.L KINGFISHER PLC	0.64%
3	FRAS.L FRASERS GROUP PLC	0.63%
4	ATE.TO ALTEN SA	0.62%
5	SOP.PA SOPRA STERIA GROUP SACA	0.61%
6	GLPG GALAPAGOS NV	0.61%
7	MAB.L MITCHELLS & BUTLERS PLC	0.60%
8	9201.T JAPAN AIRLINES CO LTD	0.60%
9	QBE.AX QBE INSURANCE GROUP LTD	0.59%
10	PGE.WA PGE POLSKA GRUPA ENERGETYCZNA	0.59%
11	BELL.SW BELL FOOD GROUP AG	0.59%
12	5105.T TOYO TIRE CORP	0.59%
13	9202.T ANA HOLDINGS INC	0.58%
14	HBH.DE HORNBACH HOLDING AG & CO KGAA	0.58%
15	VXM.TO NOS SGPS SA	0.58%
16	0293.HK CATHAY PACIFIC AIRWAYS LTD	0.57%
17	NS8U.SI Hutchison Port Holdings Trust	0.57%
18	SON.LS SONAE SGPS SA	0.57%
19	SPXXF SPAREBANK 1 NORD NORGE	0.56%
20	7459.T MEDIPAL HOLDINGS CORP	0.56%
21	DRX.TO DRAX GROUP PLC	0.55%
22	6457.T GLORY LTD	0.55%
23	BT-A.L BT GROUP PLC	0.55%
24	CKHUY CK HUTCHISON HOLDINGS LTD	0.55%
25	STR.VI STRABAG SE	0.55%
26	JMHLY Jardine Matheson Holdings Ltd	0.55%
27	EOAN.DE E.ON SE	0.55%
28	EVN.VI EVN AG	0.54%
29	SCR.TO SCOR SE	0.54%
30	9956.T VALOR HOLDINGS CO LTD	0.54%
31	3880.T DAIO PAPER CORP	0.54%
32	TLX.DE TALANX AG	0.54%
33	EZJ.L EASYJET PLC	0.54%
34	ENI.MI ENI SPA	0.54%
35	RDS-A SHELL PLC	0.54%
36	1828.HK FWD GROUP HOLDINGS LTD	0.54%
37	9041.T KINTETSU GROUP HOLDINGS CO LTD	0.54%
38	9069.T SENKO GROUP HOLDINGS CO LTD	0.54%
39	8218.T KOMERI CO LTD	0.53%
40	HAL.TO HAL TRUST	0.53%
41	3050.T DCM HOLDINGS CO LTD	0.53%
42	0023.HK BANK OF EAST ASIA LTD/THE	0.53%
43	ACE.MI ACEA SPA	0.53%
44	HOFI.ST HOIST FINANCE AB	0.53%
45	8020.T KANEMATSU CORP	0.53%
46	0590.HK LUK FOOK HOLDINGS INTERNATIONA	0.53%
47	FME.DE FRESENIUS MEDICAL CARE AG & CO	0.53%
48	9830.T TRUSCO NAKAYAMA CORP	0.53%
49	RUI.PA RUBIS SCA	0.53%
50	9678.T KANAMOTO CO LTD	0.53%
51	VCT.PA VICAT SA	0.53%
52	ANIM3.SA ANIMA HOLDING SPA	0.53%
53	NK.PA IMERYS SA	0.52%
54	JET2.L JET2 PLC	0.52%
55	PROX.BR PROXIMUS SADP	0.52%
56	PIRC.MI PIRELLI & C SPA	0.52%
57	SVEG.OL SPAREBANKEN VEST	0.52%
58	5101.T YOKOHAMA RUBBER CO LTD/THE	0.52%
59	7181.T JAPAN POST INSURANCE CO LTD	0.52%
60	4118.T KANEKA CORP	0.52%
61	ENGI.PA ENGIE SA	0.52%
62	7752.T RICOH CO LTD	0.52%
63	IMPJY WEBUILD SPA NPV	0.52%
64	9075.T FUKUYAMA TRANSPORTING CO LTD	0.52%
65	KLR.L KELLER GROUP PLC	0.52%
66	A2A.MI A2A SPA	0.52%
67	0RG4.IL TORM PLC	0.52%
68	OSB.L OSB GROUP PLC	0.52%
69	REP.MC REPSOL SA	0.52%
70	FPAFY FIRST PACIFIC CO LTD	0.52%
71	VIG.VI VIENNA INSURANCE GROUP AG WIEN	0.51%
72	OMV.VI OMV AG	0.51%
73	1925.T DAIWA HOUSE INDUSTRY CO LTD	0.51%
74	2001.T NIPPN CORP	0.51%
75	2356.HK DAH SING BANKING GROUP LTD	0.51%
76	TTE TOTALENERGIES SE	0.51%
77	0440.HK DAH SING FINANCIAL HOLDINGS LT	0.51%
78	8194.T LIFE CORP	0.51%
79	8276.T HEIWADO CO LTD	0.51%
80	9031.T NISHI-NIPPON RAILROAD CO LTD	0.51%
81	9505.T HOKURIKU ELECTRIC POWER CO	0.51%
82	9533.T TOHO GAS CO LTD	0.51%
83	9948.T ARCS CO LTD	0.51%
84	SAB.MC BANCO DE SABADELL SA	0.51%
85	GRKP.SW GRAUBUENDNER KANTONALBANK	0.51%
86	HER.MI HERA SPA	0.51%
87	ENEAY ENEA SA	0.50%
88	SK.PA SEB SA	0.50%
89	7282.T TOYODA GOSEI CO LTD	0.50%
90	PAAL-B.CO PER AARSLEFF HOLDING A/S	0.50%
91	9513.T ELECTRIC POWER DEVELOPMENT CO	0.50%
92	RWE.TO RWE AG	0.50%
93	4553.T TOWA PHARMACEUTICAL CO LTD	0.50%
94	9303.T SUMITOMO WAREHOUSE CO LTD/THE	0.50%
95	HAVAS.AS HAVAS NV	0.50%
96	IRE IREN SPA	0.50%
97	5406.T KOBE STEEL LTD	0.50%
98	UQA.VI UNIQA INSURANCE GROUP AG	0.50%
99	8273.T IZUMI CO LTD	0.50%
100	TPE.TO TAURON POLSKA ENERGIA SA	0.50%
101	8242.T H2O RETAILING CORP	0.50%
102	8154.T KAGA ELECTRONICS CO LTD	0.50%
103	0OHK.L STOLT-NIELSEN LTD	0.50%
104	IPS.PA IPSOS	0.50%
105	5975.T TOPRE CORP	0.50%
106	TEP.PA TELEPERFORMANCE	0.50%
107	DOFG.OL DOF GROUP ASA	0.50%
108	9509.T HOKKAIDO ELECTRIC POWER CO INC	0.50%
109	EN.PA BOUYGUES SA	0.49%
110	ADEN.TO ADECCO GROUP AG	0.49%
111	CURY.L CURRYS PLC	0.49%
112	EQNR EQUINOR ASA	0.49%
113	PZU.WA POWSZECHNY ZAKLAD UBEZPIECZEN	0.49%
114	UNI.TO UNICAJA BANCO SA	0.49%
115	GEST.MC GESTAMP AUTOMOCION SA	0.49%
116	4634.T Artience Co Ltd	0.49%
117	4631.T DIC CORP	0.49%
118	WAC.DE WACKER NEUSON SE	0.49%
119	BPXXY BPER BANCA	0.48%
120	9506.T TOHOKU ELECTRIC POWER CO INC	0.48%
121	8585.T ORIENT CORP	0.48%
122	1605.T INPEX CORP	0.48%
123	4902.T KONICA MINOLTA INC	0.48%
124	9699.T NISHIO RENT ALL CO LTD	0.48%
125	MAP.MC MAPFRE SA	0.48%
126	642A.T KYUDEN HOLDINGS INC	0.48%
127	WHGLY WH GROUP LTD	0.48%
128	8078.T HANWA CO LTD	0.48%
129	9715.T TRANSCOSMOS INC	0.48%
130	8850.T STARTS CORP INC	0.47%
131	9507.T SHIKOKU ELECTRIC POWER CO INC	0.47%
132	5020.T ENEOS HOLDINGS INC	0.47%
133	8053.T SUMITOMO CORP	0.47%
134	6995.T TOKAI RIKA CO LTD	0.47%
135	DBK.DE DEUTSCHE BANK AG	0.47%
136	9104.T MITSUI OSK LINES LTD	0.47%
137	BAMI.TO BANCO BPM SPA	0.46%
138	2270.T MEGMILK SNOW BRAND CO LTD	0.46%
139	6674.T GS YUASA CORP	0.46%
140	6703.T OKI ELECTRIC INDUSTRY CO LTD	0.46%
141	8088.T IWATANI CORP	0.46%
142	8253.T CREDIT SAISON CO LTD	0.46%
143	9101.T NIPPON YUSEN KK	0.46%
144	9503.T KANSAI ELECTRIC POWER CO INC/T	0.46%
145	BNP.PA BNP PARIBAS SA	0.46%
146	MPCC.OL MPC CONTAINER SHIPS ASA	0.46%
147	SBMO.AS SBM OFFSHORE NV	0.46%
148	SSAB-A.ST SSAB AB	0.46%
149	6472.T NTN CORP	0.45%
150	MFEA.MI MFE-MEDIAFOREUROPE NV	0.45%
151	2768.T SOJITZ CORP	0.45%
152	BARC.L BARCLAYS PLC	0.45%
153	ALD.AX AMPOL LTD	0.45%
154	AKSO.OL AKER SOLUTIONS ASA	0.45%
155	HUSQ-A.ST HUSQVARNA AB	0.45%
156	641A.T NOK GROUP CORP	0.45%
157	TKA.VI TELEKOM AUSTRIA AG	0.44%
158	DAI.DE MERCEDES-BENZ GROUP AG	0.44%
159	6770.T ALPS ALPINE CO LTD	0.44%
160	7456.T MATSUDA SANGYO CO LTD	0.44%
161	PAL.VI PALFINGER AG	0.44%
162	CA.PA CARREFOUR SA	0.44%
163	KORI.PA KORIAN SA	0.44%
164	SAN BANCO SANTANDER SA	0.44%
165	4005.T SUMITOMO CHEMICAL CO LTD	0.44%
166	VOW.DE VOLKSWAGEN AG	0.43%
167	GARPY GOLDEN AGRI-RESOURCES LTD	0.43%
168	ACA.PA CREDIT AGRICOLE SA	0.43%
169	6804.T HOSIDEN CORP	0.43%
170	5714.T DOWA HOLDINGS CO LTD	0.43%
171	5703.T NIPPON LIGHT METAL HOLDINGS CO	0.43%
172	5331.T NORITAKE CO LTD/NAGOYA JAPAN	0.43%
173	3105.T NISSHINBO HOLDINGS INC	0.43%
174	9502.T CHUBU ELECTRIC POWER CO INC	0.42%
175	UMI.TO UMICORE SA	0.42%
176	ZEAL ZEALAND PHARMA A/S	0.42%
177	1662.T JAPAN PETROLEUM EXPLORATION CO	0.42%
178	5741.T UACJ CORP	0.42%
179	6632.T JVCKENWOOD CORP	0.41%
180	F34.SI WILMAR INTERNATIONAL LTD	0.41%
181	5991.T NHK SPRING CO LTD	0.41%
182	WHC.AX WHITEHAVEN COAL LTD	0.41%
183	NDA.DE AURUBIS AG	0.41%
184	5711.T MITSUBISHI MATERIALS CORP	0.40%
185	PKN.WA POLSKI KONCERN NAFTOWY ORLEN S	0.40%
186	FR.TO VALEO	0.39%
187	SDF.DE K+S AG	0.39%
188	OPM.PA Opmobility	0.38%
189	H22.SI HONG LEONG ASIA LTD	0.35%
190	7203.T TOYOTA MOTOR CORP	0.01%

Sector breakdown

Industrials25.2%

Consumer Cyclical15.5%

Financial Services15.3%

Utilities10.5%

Energy8.1%

Basic Materials7.4%

Consumer Defensive6.9%

Healthcare3.6%

Communication Services3.4%

Technology3.1%

Real Estate1.0%

Cash & Others0.0%

Country breakdown

Japan40.3%

France10.2%

United Kingdom6.7%

Germany5.8%

Italy5.4%

Hong Kong4.7%

Austria3.4%

Norway3.0%

Spain3.0%

Poland2.5%

Singapore2.4%

Belgium2.0%

Distributions

Date	Per unit
Sep 23, 2026	C$0.3659
Jun 24, 2026	C$0.2931
Mar 25, 2026	C$0.2887
Dec 23, 2025	C$0.1230
Sep 23, 2025	C$0.2488
Jun 24, 2025	C$0.4633
Mar 25, 2025	C$0.1414
Dec 23, 2024	C$0.3800
Sep 23, 2024	C$0.1761
Jun 24, 2024	C$0.6033
Mar 21, 2024	C$0.0654
Dec 20, 2023	C$0.2200
Sep 22, 2023	C$0.1743
Jun 23, 2023	C$0.5663
Mar 24, 2023	C$0.0359
Dec 21, 2022	C$0.1650
Sep 22, 2022	C$0.1620
Jun 23, 2022	C$0.4220
Mar 24, 2022	C$0.1230
Dec 22, 2021	C$0.1400
Sep 22, 2021	C$0.1400
Jun 23, 2021	C$0.1400
Mar 24, 2021	C$0.0950
Dec 22, 2020	C$0.1580
Sep 23, 2020	C$0.1080
Jun 23, 2020	C$0.1080
Mar 24, 2020	C$0.1080
Dec 20, 2019	C$0.1080
Sep 23, 2019	C$0.1060
Jun 21, 2019	C$0.0942
Mar 22, 2019	C$0.0880
Dec 20, 2018	C$0.1274
Sep 21, 2018	C$0.1270
Jun 22, 2018	C$0.1270
Mar 22, 2018	C$0.0760
Dec 27, 2017	C$0.1010
Sep 27, 2017	C$0.1010
Jun 27, 2017	C$0.1010
Mar 28, 2017	C$0.1010
Dec 23, 2016	C$0.0970

Members of Congress who disclosed this ETF

No member of Congress has disclosed a trade in VXM.TO in the filings we hold.

Fund facts, prices, performance and distributions: our market-data vendor. Holdings: the vendor and SEC Form N-PORT. Insider and Congress data: InsiderBuying. Last updated Nov 13, 2026. This is historical data, not investment advice. Report a data error