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%	1.10B	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%	44.36M	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 37.

Symbol	Name	Risk / Return Rank	AUM	Inception
HGGG.TO	Harvest Global Gold Giants Index ETF	37	44.36M	Jan 2019	CGL-C.TO vs HGGG.TO
GLDX.TO	Global X Gold Producers Index ETF	36	—	Nov 2024	CGL-C.TO vs GLDX.TO
XGD.TO	iShares S&P/TSX Global Gold Index ETF	34	3.65B	Mar 2001	CGL-C.TO vs XGD.TO
ZJG.TO	BMO Junior Gold Index ETF	34	178.55M	Jan 2010	CGL-C.TO vs ZJG.TO
ZGD.TO	BMO Equal Weight Global Gold Index ETF	31	306.01M	Nov 2012	CGL-C.TO vs ZGD.TO

Top Performing CGL-C.TO Alternatives (YTD)

CGL-C.TO is at -4.25% YTD. There is 1 ETF in the Gold category with a higher YTD return, going as high as -4.14%.

Symbol	Name	YTD Return	AUM	Inception
ZGLD.TO	BMO Gold Bullion ETF (CAD Units)	-4.14%	—	Mar 2024	CGL-C.TO vs ZGLD.TO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	-4.35%	—	Oct 2018	CGL-C.TO vs KILO-B.TO
ZGD.TO	BMO Equal Weight Global Gold Index ETF	-6.39%	306.01M	Nov 2012	CGL-C.TO vs ZGD.TO
XGD.TO	iShares S&P/TSX Global Gold Index ETF	-7.10%	3.65B	Mar 2001	CGL-C.TO vs XGD.TO
CGL.TO	iShares Gold Bullion ETF (CAD-Hedged)	-8.55%	2.02B	May 2009	CGL-C.TO vs CGL.TO

Lowest Volatility Alternatives to CGL-C.TO

CGL-C.TO has 26.48% 1-year volatility. There are 3 ETFs in the Gold category with lower 1-year volatility, going as low as 25.10%.

Symbol	Name	Volatility 1Y	AUM	Inception
HGY.TO	Global X Gold Yield ETF	25.10%	191.55M	Dec 2010	CGL-C.TO vs HGY.TO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	26.13%	—	Oct 2018	CGL-C.TO vs KILO-B.TO
ZGLD.TO	BMO Gold Bullion ETF (CAD Units)	26.47%	—	Mar 2024	CGL-C.TO vs ZGLD.TO
KILO.TO	Purpose Gold Bullion Fund	27.43%	1.10B	Oct 2018	CGL-C.TO vs KILO.TO
HUG.TO	Global X Gold ETF	27.61%	51.66M	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 -22.35%. There is 1 ETF in the Gold category with a shallower 1-year drawdown, going as shallow as -22.27%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
ZGLD.TO	BMO Gold Bullion ETF (CAD Units)	-22.27%	—	Mar 2024	CGL-C.TO vs ZGLD.TO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	-22.37%	—	Oct 2018	CGL-C.TO vs KILO-B.TO
HGY.TO	Global X Gold Yield ETF	-24.27%	191.55M	Dec 2010	CGL-C.TO vs HGY.TO
CGL.TO	iShares Gold Bullion ETF (CAD-Hedged)	-26.79%	2.02B	May 2009	CGL-C.TO vs CGL.TO
KILO.TO	Purpose Gold Bullion Fund	-26.91%	1.10B	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 $30B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
XEQT.TO	iShares Core Equity ETF Portfolio	Global Equities	81	12.77%	19.56B	Aug 2019	CGL-C.TO vs XEQT.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	Dividend, Large Cap Value Equities	98	20.61%	5.54B	Jun 2017	CGL-C.TO vs XDIV.TO
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	Canada Equities	97	23.00%	4.13B	Apr 2011	CGL-C.TO vs XEI.TO
XIC.TO	iShares Core S&P/TSX Capped Composite Index ETF	Canada Equities	83	10.67%	30.44B	Feb 2001	CGL-C.TO vs XIC.TO
XIU.TO	iShares S&P/TSX 60 Index ETF	Canada Equities	88	11.33%	22.98B	Sep 1999	CGL-C.TO vs XIU.TO
XQQ.TO	iShares NASDAQ 100 Index ETF (CAD-Hedged)	Nasdaq-100	43	14.22%	5.60B	May 2011	CGL-C.TO vs XQQ.TO
XEF.TO	iShares Core MSCI EAFE IMI Index ETF	Foreign Large Cap Equities	55	12.11%	22.44B	Apr 2013	CGL-C.TO vs XEF.TO
XGRO.TO	iShares Core Growth ETF Portfolio	Diversified Portfolio	71	10.58%	4.97B	Jun 2007	CGL-C.TO vs XGRO.TO
XUS.TO	iShares Core S&P 500 Index ETF	S&P 500	73	11.92%	12.94B	Apr 2013	CGL-C.TO vs XUS.TO
XAW.TO	iShares Core MSCI All Country World ex Canada Inde...	Global Equities	78	14.12%	4.47B	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	18	-9.79%	1.20B	—	CGL-C.TO vs MNT.TO
GLD	SPDR Gold Shares	Gold, Precious Metals	21	-7.67%	138.96B	Nov 2004	CGL-C.TO vs GLD
PHYS.TO	Sprott Physical Gold Trust		64	-5.80%	—	—	CGL-C.TO vs PHYS.TO
ABX.TO	Barrick Gold Corporation		84	-12.17%	—	—	CGL-C.TO vs ABX.TO
XMD.TO	iShares S&P/TSX Completion Index ETF	Canada Equities	56	7.40%	764.37M	Mar 2001	CGL-C.TO vs XMD.TO
VEQT.TO	Vanguard All-Equity ETF Portfolio	Global Equities	83	13.03%	14.70B	Jan 2019	CGL-C.TO vs VEQT.TO
VOO	Vanguard S&P 500 ETF	S&P 500	60	8.08%	1.70T	Sep 2010	CGL-C.TO vs VOO
VALT.TO	CI Gold Bullion Fund		19	-8.39%	—	—	CGL-C.TO vs VALT.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	39	14.23%	3.24B	Jan 2010	CGL-C.TO vs ZQQ.TO
AMAX.TO	Hamilton Gold Producer YIELD MAXIMIZER ETF	Gold, Derivative Income, Precious Metals	24	-11.29%	504.60M	Feb 2024	CGL-C.TO vs AMAX.TO
PFF	iShares Preferred and Income Securities ETF	Preferred Stock/Convertible Bonds	25	1.11%	13.45B	Mar 2007	CGL-C.TO vs PFF
AMAX	RH Hedged Multi-Asset Income ETF	Nontraditional Bonds	18	-0.35%	36.36M	Oct 2009	CGL-C.TO vs AMAX
XGDG.L	Xtrackers IE Physical Gold GBP Hedged ETC Securiti...	Gold, Precious Metals	21	-7.77%	424.83M	May 2020	CGL-C.TO vs XGDG.L
SVR-C.TO	iShares Silver Bullion ETF (Non-Hedged)	Silver, Precious Metals	30	-17.33%	—	Mar 2011	CGL-C.TO vs SVR-C.TO
CGXF.TO	CI Gold+ Giants Covered Call ETF Common	Gold, Precious Metals	23	-11.82%	243.61M	Mar 2022	CGL-C.TO vs CGXF.TO
XGDU.L	Xtrackers IE Physical Gold ETC Securities	Gold, Precious Metals	23	-7.00%	6.43B	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	21	-7.61%	64.29B	Jan 2005	CGL-C.TO vs IAU
AGCC.TO	Global X Silver Covered Call ETF	Silver, Derivative Income, Precious Metals	—	-20.98%	—	Oct 2025	CGL-C.TO vs AGCC.TO
HUZ.TO	Global X Silver ETF	Silver, Precious Metals	26	-20.27%	54.86M	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.

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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