Global X Enhanced Equal Weight Canadian Banks Covered Call ETF (BKCL.TO) Alternatives

Global X Enhanced Equal Weight Canadian Banks Covered Call ETF (BKCL.TO) belongs to the Financials Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with BKCL.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.

Cheapest Alternatives to BKCL.TO

BKCL.TO charges 1.68% annually. Among ETFs in the Financials Equities category, these options have the lowest expense ratios among BKCL.TO alternatives.

Symbol	Name	Expense Ratio	Inception
HBNK.TO	Global X Equal Weight Banks Index ETF	0.09%	Jul 5, 2023	BKCL.TO vs HBNK.TO
HEB.TO	Hamilton Canadian Bank Equal-Weight Index ETF	0.19%	Apr 3, 2023	BKCL.TO vs HEB.TO
HXF.TO	Global X S&P/TSX Capped Financials Index Corporate...	0.25%	Sep 16, 2013	BKCL.TO vs HXF.TO
XUSF.TO	iShares S&P U.S. Financials Index ETF	0.25%	Sep 6, 2023	BKCL.TO vs XUSF.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	0.25%	Oct 19, 2009	BKCL.TO vs ZEB.TO

Best Risk-Adjusted Alternatives to BKCL.TO

Among ETFs in the Financials Equities category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.

Symbol	Name	Risk / Return Rank	Inception
ZEB.TO	BMO Equal Weight Banks Index ETF	98	Oct 19, 2009	BKCL.TO vs ZEB.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	98	Jul 5, 2023	BKCL.TO vs HBNK.TO
BNKL.TO	Global X Enhanced Equal Weight Banks Index ETF	98	Jul 5, 2023	BKCL.TO vs BNKL.TO
HEB.TO	Hamilton Canadian Bank Equal-Weight Index ETF	98	Apr 3, 2023	BKCL.TO vs HEB.TO
RBNK.TO	RBC Canadian Bank Yield Index ETF	98	Oct 19, 2017	BKCL.TO vs RBNK.TO

Top Performing BKCL.TO Alternatives (YTD)

BKCL.TO alternatives from the Financials Equities category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
RBNK.TO	RBC Canadian Bank Yield Index ETF	1.94%	Oct 19, 2017	BKCL.TO vs RBNK.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	1.92%	Oct 19, 2009	BKCL.TO vs ZEB.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	1.67%	Jul 5, 2023	BKCL.TO vs HBNK.TO
HEB.TO	Hamilton Canadian Bank Equal-Weight Index ETF	1.58%	Apr 3, 2023	BKCL.TO vs HEB.TO
CIC.TO	CI Canadian Banks Covered Call Income Class ETF	1.51%	Aug 18, 2010	BKCL.TO vs CIC.TO

Lowest Volatility Alternatives to BKCL.TO

BKCL.TO alternatives from the Financials Equities category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
ZWB.TO	BMO Covered Call Canadian Banks ETF	12.37%	Jan 9, 2024	BKCL.TO vs ZWB.TO
CIC.TO	CI Canadian Banks Covered Call Income Class ETF	12.48%	Aug 18, 2010	BKCL.TO vs CIC.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	13.34%	Oct 19, 2009	BKCL.TO vs ZEB.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	13.46%	Jul 5, 2023	BKCL.TO vs HBNK.TO
CEW.TO	iShares Equal Weight Banc & Lifeco ETF	13.49%	Feb 6, 2008	BKCL.TO vs CEW.TO

Lowest Drawdown Alternatives to BKCL.TO

BKCL.TO alternatives from the Financials Equities category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
ZWB.TO	BMO Covered Call Canadian Banks ETF	-8.10%	Jan 9, 2024	BKCL.TO vs ZWB.TO
CIC.TO	CI Canadian Banks Covered Call Income Class ETF	-8.23%	Aug 18, 2010	BKCL.TO vs CIC.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	-8.44%	Oct 19, 2009	BKCL.TO vs ZEB.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	-8.48%	Jul 5, 2023	BKCL.TO vs HBNK.TO
HEB.TO	Hamilton Canadian Bank Equal-Weight Index ETF	-8.86%	Apr 3, 2023	BKCL.TO vs HEB.TO

Other ETFs from Global X

Most popular Global X ETFs on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
CASH.TO	Global X High Interest Savings ETF	Money Market	99	0.35%	Nov 1, 2021	BKCL.TO vs CASH.TO
CBIL.TO	Global X 0-3 Month T-Bill ETF	Canadian Government Bonds	99	0.30%	Apr 12, 2023	BKCL.TO vs CBIL.TO
QQCL.TO	Global X Enhanced NASDAQ-100 Covered Call ETF	Derivative Income	48	-4.67%	Oct 10, 2023	BKCL.TO vs QQCL.TO
HXS.TO	Global X S&P 500 Index Corporate Class ETF	S&P 500	45	-3.28%	Nov 30, 2010	BKCL.TO vs HXS.TO
HXT.TO	Global X S&P/TSX 60 Corporate Class ETF	Canada Equities	93	2.91%	Sep 14, 2010	BKCL.TO vs HXT.TO
HSAV.TO	Global X Cash Maximizer Corporate Class ETF	Bank Loan	96	1.13%	Feb 5, 2020	BKCL.TO vs HSAV.TO
CHPS.TO	Global X Artificial Intelligence Semiconductor Ind...	Semiconductors, Technology Equities	93	6.25%	Jun 21, 2021	BKCL.TO vs CHPS.TO
USCL.TO	Global X Enhanced S&P 500 Covered Call ETF	Derivative Income, S&P 500	30	-5.43%	Jul 5, 2023	BKCL.TO vs USCL.TO
QQCC.TO	Global X NASDAQ-100 Covered Call ETF	Derivative Income	48	-3.61%	Sep 13, 2011	BKCL.TO vs QQCC.TO
GLCC.TO	Global X Gold Producer Equity Covered Call ETF	Derivative Income, Gold	90	5.98%	Apr 11, 2011	BKCL.TO vs GLCC.TO

Often Compared With BKCL.TO

What investors most often compare with BKCL.TO, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
BANK.TO	Evolve Canadian Banks and Lifecos Enhanced Yield I...	Derivative Income	96	-2.91%	Feb 1, 2022	BKCL.TO vs BANK.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	Dividend	97	9.07%	Nov 2, 2012	BKCL.TO vs VDY.TO
HMAX.TO	Hamilton Canadian Financials YIELD MAXIMIZER ETF	Derivative Income	93	-3.41%	Jan 20, 2023	BKCL.TO vs HMAX.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	Dividend, Large Cap Value Equities	95	8.31%	Jun 12, 2017	BKCL.TO vs XDIV.TO
HURA.TO	Global X Uranium Index ETF	Commodity Producers Equities	88	11.72%	May 15, 2019	BKCL.TO vs HURA.TO
BCCL.NEO	Global X Enhanced Bitcoin Covered Call ETF	Derivative Income	—	-29.77%	Apr 21, 2025	BKCL.TO vs BCCL.NEO
JEPI.TO	JPMorgan US Equity Premium Income Active ETF	Derivative Income	22	1.66%	Sep 27, 2024	BKCL.TO vs JEPI.TO
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	Derivative Income, Energy Equities	82	21.92%	Apr 11, 2011	BKCL.TO vs ENCC.TO
HYLD-U.TO	Hamilton Enhanced U.S. Covered Call ETF (USD)	Derivative Income	46	-7.72%	Feb 4, 2022	BKCL.TO vs HYLD-U.TO
INTY.TO	Evolve International Equity UltraYield ETF	Derivative Income	—	—	Jan 14, 2026	BKCL.TO vs INTY.TO
ECHI.TO	Ninepoint Enhanced Canadian HighShares ETF	Derivative Income	—	9.91%	Aug 22, 2025	BKCL.TO vs ECHI.TO
UTES.TO	Evolve Canadian Utilities Enhanced Yield Index Fun...	Derivative Income	89	9.57%	Sep 3, 2024	BKCL.TO vs UTES.TO
XIC.TO	iShares Core S&P/TSX Capped Composite Index ETF	Canada Equities	94	3.89%	Feb 16, 2001	BKCL.TO vs XIC.TO
CRCY.TO	Harvest Circle Enhanced High Income Shares ETF Cla...	Derivative Income	—	1.83%	Sep 26, 2025	BKCL.TO vs CRCY.TO
HDIV.TO	Hamilton Enhanced Multi-Sector Covered Call ETF	Derivative Income	92	3.20%	Jul 19, 2021	BKCL.TO vs HDIV.TO
HBA.TO	Hamilton Australian Bank Equal-Weight Index ETF	Financials Equities	54	0.36%	Jun 26, 2020	BKCL.TO vs HBA.TO
BKCC.TO	Global X Equal Weight Canadian Bank Covered Call E...	Derivative Income	97	0.86%	May 16, 2011	BKCL.TO vs BKCC.TO
JEPQ.TO	JPMorgan Nasdaq Equity Premium Income Active ETF	Derivative Income	52	-1.52%	Sep 27, 2024	BKCL.TO vs JEPQ.TO

Compare BKCL.TO with Any Fund or Stock

Compare BKCL.TO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

Global X Enhanced Equal Weight Canadian Banks Covered Call ETF

Symbol name