CGL-C.TO Alternatives & Similar ETFs

iShares Gold Bullion ETF (CGL-C.TO) belongs to the Gold category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with CGL-C.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to CGL-C.TO

CGL-C.TO charges 0.55% annually. There are 6 ETFs in the Gold category with lower expense ratios, going as low as 0.23%.

Symbol	Name	Expense Ratio	AUM	Inception
ZGLD.TO	BMO Gold Bullion ETF (CAD Units)	0.23%	—	Mar 2024	CGL-C.TO vs ZGLD.TO
ZGLH.TO	BMO Gold Bullion Hedged to CAD ETF	0.23%	—	Mar 2024	CGL-C.TO vs ZGLH.TO
KILO.TO	Purpose Gold Bullion Fund	0.28%	1.00B	Oct 2018	CGL-C.TO vs KILO.TO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	0.28%	—	Oct 2018	CGL-C.TO vs KILO-B.TO
HGGG.TO	Harvest Global Gold Giants Index ETF	0.40%	42.66M	Jan 2019	CGL-C.TO vs HGGG.TO

Best Risk-Adjusted Alternatives to CGL-C.TO

CGL-C.TO has a PortfoliosLab risk / return rank of 26. There are 8 ETFs in the Gold category with higher risk-adjusted ranks, going as high as 36.

Symbol	Name	Risk / Return Rank	AUM	Inception
HGGG.TO	Harvest Global Gold Giants Index ETF	36	42.66M	Jan 2019	CGL-C.TO vs HGGG.TO
GLDX.TO	Global X Gold Producers Index ETF	33	—	Nov 2024	CGL-C.TO vs GLDX.TO
ZJG.TO	BMO Junior Gold Index ETF	32	168.31M	Jan 2010	CGL-C.TO vs ZJG.TO
XGD.TO	iShares S&P/TSX Global Gold Index ETF	31	3.30B	Mar 2001	CGL-C.TO vs XGD.TO
ZGD.TO	BMO Equal Weight Global Gold Index ETF	28	281.50M	Nov 2012	CGL-C.TO vs ZGD.TO

Top Performing CGL-C.TO Alternatives (YTD)

CGL-C.TO is at -5.13% YTD. There is 1 ETF in the Gold category with a higher YTD return, going as high as -4.91%.

Symbol	Name	YTD Return	AUM	Inception
ZGLD.TO	BMO Gold Bullion ETF (CAD Units)	-4.91%	—	Mar 2024	CGL-C.TO vs ZGLD.TO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	-5.43%	—	Oct 2018	CGL-C.TO vs KILO-B.TO
VALT-U.TO	CI Gold Bullion ETF (US$ Series)	-7.19%	164.50M	Jan 2021	CGL-C.TO vs VALT-U.TO
CGL.TO	iShares Gold Bullion ETF (CAD-Hedged)	-8.13%	1.99B	May 2009	CGL-C.TO vs CGL.TO
KILO.TO	Purpose Gold Bullion Fund	-8.16%	1.00B	Oct 2018	CGL-C.TO vs KILO.TO

Lowest Volatility Alternatives to CGL-C.TO

CGL-C.TO has 26.83% 1-year volatility. There are 2 ETFs in the Gold category with lower 1-year volatility, going as low as 25.41%.

Symbol	Name	Volatility 1Y	AUM	Inception
HGY.TO	Global X Gold Yield ETF	25.41%	180.76M	Dec 2010	CGL-C.TO vs HGY.TO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	26.48%	—	Oct 2018	CGL-C.TO vs KILO-B.TO
ZGLD.TO	BMO Gold Bullion ETF (CAD Units)	26.84%	—	Mar 2024	CGL-C.TO vs ZGLD.TO
KILO.TO	Purpose Gold Bullion Fund	27.71%	1.00B	Oct 2018	CGL-C.TO vs KILO.TO
HUG.TO	Global X Gold ETF	27.90%	50.22M	Jun 2009	CGL-C.TO vs HUG.TO

Lowest Drawdown Alternatives to CGL-C.TO

CGL-C.TO has a 1-year max drawdown of -23.55%. There is 1 ETF in the Gold category with a shallower 1-year drawdown, going as shallow as -23.40%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
ZGLD.TO	BMO Gold Bullion ETF (CAD Units)	-23.40%	—	Mar 2024	CGL-C.TO vs ZGLD.TO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	-23.63%	—	Oct 2018	CGL-C.TO vs KILO-B.TO
HGY.TO	Global X Gold Yield ETF	-24.30%	180.76M	Dec 2010	CGL-C.TO vs HGY.TO
CGL.TO	iShares Gold Bullion ETF (CAD-Hedged)	-27.06%	1.99B	May 2009	CGL-C.TO vs CGL.TO
KILO.TO	Purpose Gold Bullion Fund	-27.15%	1.00B	Oct 2018	CGL-C.TO vs KILO.TO

Other ETFs from iShares

The 10 most viewed iShares ETFs shown here include XEQT.TO, XDIV.TO, XEI.TO and span 8 categories. AUM among these funds goes as high as $31B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
XEQT.TO	iShares Core Equity ETF Portfolio	Global Equities	80	12.57%	20.34B	Aug 2019	CGL-C.TO vs XEQT.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	Dividend, Large Cap Value Equities	98	27.54%	5.78B	Jun 2017	CGL-C.TO vs XDIV.TO
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	Canada Equities	98	27.84%	4.25B	Apr 2011	CGL-C.TO vs XEI.TO
XIC.TO	iShares Core S&P/TSX Capped Composite Index ETF	Canada Equities	87	12.55%	31.16B	Feb 2001	CGL-C.TO vs XIC.TO
XIU.TO	iShares S&P/TSX 60 Index ETF	Canada Equities	91	13.67%	23.77B	Sep 1999	CGL-C.TO vs XIU.TO
XQQ.TO	iShares NASDAQ 100 Index ETF (CAD-Hedged)	Nasdaq-100	33	11.83%	5.51B	May 2011	CGL-C.TO vs XQQ.TO
XEF.TO	iShares Core MSCI EAFE IMI Index ETF	Foreign Large Cap Equities	56	11.41%	22.53B	Apr 2013	CGL-C.TO vs XEF.TO
XGRO.TO	iShares Core Growth ETF Portfolio	Diversified Portfolio	69	10.26%	5.03B	Jun 2007	CGL-C.TO vs XGRO.TO
XUS.TO	iShares Core S&P 500 Index ETF	S&P 500	67	11.78%	13.11B	Apr 2013	CGL-C.TO vs XUS.TO
XAW.TO	iShares Core MSCI All Country World ex Canada Inde...	Global Equities	71	12.81%	4.49B	Feb 2015	CGL-C.TO vs XAW.TO

Often Compared With CGL-C.TO

Investors most often compare CGL-C.TO with MNT.TO, GLD, PHYS.TO. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
MNT.TO	Royal Canadian Mint - Canadian Gold Reserves	Gold, Precious Metals	19	-8.23%	1.20B	—	CGL-C.TO vs MNT.TO
GLD	SPDR Gold Shares	Gold, Precious Metals	23	-7.04%	132.10B	Nov 2004	CGL-C.TO vs GLD
PHYS.TO	Sprott Physical Gold Trust		64	-6.25%	—	—	CGL-C.TO vs PHYS.TO
ABX.TO	Barrick Gold Corporation		82	-17.15%	—	—	CGL-C.TO vs ABX.TO
XMD.TO	iShares S&P/TSX Completion Index ETF	Canada Equities	55	7.43%	787.43M	Mar 2001	CGL-C.TO vs XMD.TO
VEQT.TO	Vanguard All-Equity ETF Portfolio	Global Equities	81	12.55%	15.67B	Jan 2019	CGL-C.TO vs VEQT.TO
VALT.TO	CI Gold Bullion Fund		21	-7.87%	—	—	CGL-C.TO vs VALT.TO
VOO	Vanguard S&P 500 ETF	S&P 500	59	9.60%	1.70T	Sep 2010	CGL-C.TO vs VOO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	30	11.95%	3.09B	Jan 2010	CGL-C.TO vs ZQQ.TO
AMAX.TO	Hamilton Gold Producer YIELD MAXIMIZER ETF	Gold, Derivative Income, Precious Metals	23	-16.55%	468.60M	Feb 2024	CGL-C.TO vs AMAX.TO
AMAX	RH Hedged Multi-Asset Income ETF	Nontraditional Bonds	18	0.67%	36.36M	Oct 2009	CGL-C.TO vs AMAX
PFF	iShares Preferred and Income Securities ETF	Preferred Stock/Convertible Bonds	16	0.49%	13.39B	Mar 2007	CGL-C.TO vs PFF
XGDG.L	Xtrackers IE Physical Gold GBP Hedged ETC Securiti...	Gold, Precious Metals	23	-7.75%	415.26M	May 2020	CGL-C.TO vs XGDG.L
SVR-C.TO	iShares Silver Bullion ETF (Non-Hedged)	Silver, Precious Metals	27	-19.99%	—	Mar 2011	CGL-C.TO vs SVR-C.TO
CGXF.TO	CI Gold+ Giants Covered Call ETF Common	Gold, Precious Metals	23	-16.95%	249.45M	Mar 2022	CGL-C.TO vs CGXF.TO
XGDU.L	Xtrackers IE Physical Gold ETC Securities	Gold, Precious Metals	24	-6.88%	6.16B	Apr 2020	CGL-C.TO vs XGDU.L
GLCL.TO	Global X Enhanced Gold Producer Equity Covered Cal...	Gold, Precious Metals	—	—	—	Apr 2025	CGL-C.TO vs GLCL.TO
IAU	iShares Gold Trust	Gold, Precious Metals	23	-6.99%	60.94B	Jan 2005	CGL-C.TO vs IAU
AGCC.TO	Global X Silver Covered Call ETF	Silver, Derivative Income, Precious Metals	—	-22.78%	—	Oct 2025	CGL-C.TO vs AGCC.TO
HUZ.TO	Global X Silver ETF	Silver, Precious Metals	24	-22.04%	50.15M	Jun 2009	CGL-C.TO vs HUZ.TO

Compare CGL-C.TO with Any Fund or Stock

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

Symbol name

Diversifiers

Pair CGL-C.TO with funds that move differently

iShares Gold Bullion ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CGL-C.TO.

Explore CGL-C.TO Diversifiers

iShares Gold Bullion ETF (CGL-C.TO) Alternatives