CGL.TO Alternatives & Similar ETFs

iShares Gold Bullion ETF (CAD-Hedged) (CGL.TO) belongs to the Precious Metals category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with CGL.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.TO

CGL.TO charges 0.55% annually. There are 3 ETFs in the Precious Metals category with lower expense ratios, going as low as 0.28%.

Symbol	Name	Expense Ratio	AUM	Inception
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	0.28%	—	Oct 2018	CGL.TO vs KILO-B.TO
SBT.TO	Purpose Silver Bullion Fund	0.36%	164.90M	May 2016	CGL.TO vs SBT.TO
MNS.TO	Royal Canadian Mint - Canadian Silver Reserves	0.45%	245.65M	Nov 2012	CGL.TO vs MNS.TO
CGL-C.TO	iShares Gold Bullion ETF	0.55%	—	Mar 2011	CGL.TO vs CGL-C.TO
AGCC.TO	Global X Silver Covered Call ETF	0.60%	—	Oct 2025	CGL.TO vs AGCC.TO

Best Risk-Adjusted Alternatives to CGL.TO

CGL.TO has a PortfoliosLab risk / return rank of 29. There are 13 ETFs in the Precious Metals category with higher risk-adjusted ranks, going as high as 50.

Symbol	Name	Risk / Return Rank	AUM	Inception
SVR-C.TO	iShares Silver Bullion ETF (Non-Hedged)	50	—	Mar 2011	CGL.TO vs SVR-C.TO
MNS.TO	Royal Canadian Mint - Canadian Silver Reserves	48	245.65M	Nov 2012	CGL.TO vs MNS.TO
SBT.TO	Purpose Silver Bullion Fund	46	164.90M	May 2016	CGL.TO vs SBT.TO
SVR.TO	iShares Silver Bullion ETF	45	523.08M	Jul 2009	CGL.TO vs SVR.TO
HUZ.TO	Global X Silver ETF	45	62.83M	Jun 2009	CGL.TO vs HUZ.TO

Top Performing CGL.TO Alternatives (YTD)

CGL.TO is at 2.15% YTD. There are 6 ETFs in the Precious Metals category with higher YTD returns, going as high as 4.39%.

Symbol	Name	YTD Return	AUM	Inception
CGL-C.TO	iShares Gold Bullion ETF	4.39%	—	Mar 2011	CGL.TO vs CGL-C.TO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	4.14%	—	Oct 2018	CGL.TO vs KILO-B.TO
SVR-C.TO	iShares Silver Bullion ETF (Non-Hedged)	3.58%	—	Mar 2011	CGL.TO vs SVR-C.TO
XGD.TO	iShares S&P/TSX Global Gold Index ETF	3.35%	3.59B	Mar 2001	CGL.TO vs XGD.TO
HUZ.TO	Global X Silver ETF	2.35%	62.83M	Jun 2009	CGL.TO vs HUZ.TO

Lowest Volatility Alternatives to CGL.TO

CGL.TO has 26.89% 1-year volatility. There are 2 ETFs in the Precious Metals category with lower 1-year volatility, going as low as 25.07%.

Symbol	Name	Volatility 1Y	AUM	Inception
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	25.07%	—	Oct 2018	CGL.TO vs KILO-B.TO
CGL-C.TO	iShares Gold Bullion ETF	25.35%	—	Mar 2011	CGL.TO vs CGL-C.TO
CGXF.TO	CI Gold+ Giants Covered Call ETF Common	39.82%	247.50M	Mar 2022	CGL.TO vs CGXF.TO
XGD.TO	iShares S&P/TSX Global Gold Index ETF	42.86%	3.59B	Mar 2001	CGL.TO vs XGD.TO
RGPM.NEO	RBC Global Precious Metals Fund	42.98%	—	Mar 2023	CGL.TO vs RGPM.NEO

Lowest Drawdown Alternatives to CGL.TO

CGL.TO has a 1-year max drawdown of -19.36%. There are 2 ETFs in the Precious Metals category with shallower 1-year drawdowns, going as shallow as -17.37%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
CGL-C.TO	iShares Gold Bullion ETF	-17.37%	—	Mar 2011	CGL.TO vs CGL-C.TO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	-17.41%	—	Oct 2018	CGL.TO vs KILO-B.TO
CGXF.TO	CI Gold+ Giants Covered Call ETF Common	-27.39%	247.50M	Mar 2022	CGL.TO vs CGXF.TO
XGD.TO	iShares S&P/TSX Global Gold Index ETF	-28.95%	3.59B	Mar 2001	CGL.TO vs XGD.TO
RGPM.NEO	RBC Global Precious Metals Fund	-29.46%	—	Mar 2023	CGL.TO vs RGPM.NEO

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	75	12.29%	18.41B	Aug 2019	CGL.TO vs XEQT.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	Dividend, Large Cap Value Equities	98	19.17%	5.25B	Jun 2017	CGL.TO vs XDIV.TO
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	Canada Equities	98	22.21%	4.02B	Apr 2011	CGL.TO vs XEI.TO
XIC.TO	iShares Core S&P/TSX Capped Composite Index ETF	Canada Equities	80	10.75%	29.66B	Feb 2001	CGL.TO vs XIC.TO
XIU.TO	iShares S&P/TSX 60 Index ETF	Canada Equities	82	10.14%	22.52B	Sep 1999	CGL.TO vs XIU.TO
XQQ.TO	iShares NASDAQ 100 Index ETF (CAD-Hedged)	Nasdaq-100	66	19.81%	5.56B	May 2011	CGL.TO vs XQQ.TO
XEF.TO	iShares Core MSCI EAFE IMI Index ETF	Foreign Large Cap Equities	47	9.95%	21.46B	Apr 2013	CGL.TO vs XEF.TO
XGRO.TO	iShares Core Growth ETF Portfolio	Diversified Portfolio	67	10.38%	4.82B	Jun 2007	CGL.TO vs XGRO.TO
XUS.TO	iShares Core S&P 500 Index ETF	S&P 500	73	12.21%	12.60B	Apr 2013	CGL.TO vs XUS.TO
XAW.TO	iShares Core MSCI All Country World ex Canada Inde...	Global Equities	76	13.70%	4.25B	Feb 2015	CGL.TO vs XAW.TO

Often Compared With CGL.TO

Investors most often compare CGL.TO with KILO.TO, MNT.TO, GLDM. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
KILO.TO	Purpose Gold Bullion Fund		30	2.15%	1.10B	—	CGL.TO vs KILO.TO
MNT.TO	Royal Canadian Mint - Canadian Gold Reserves		26	-0.92%	1.20B	—	CGL.TO vs MNT.TO
GLDM	SPDR Gold MiniShares Trust	Gold, Precious Metals	32	3.00%	30.87B	Jun 2018	CGL.TO vs GLDM
VOO	Vanguard S&P 500 ETF	S&P 500	70	10.91%	1.60T	Sep 2010	CGL.TO vs VOO
VALT.TO	CI Gold Bullion Fund		30	2.61%	—	—	CGL.TO vs VALT.TO
AAAU	Goldman Sachs Physical Gold ETF	Precious Metals, Gold	32	2.94%	2.68B	Jul 2018	CGL.TO vs AAAU
GSG	iShares S&P GSCI Commodity-Indexed Trust	Commodities	71	42.58%	1.04B	Jul 2006	CGL.TO vs GSG
HUG.TO	Global X Gold ETF	Gold, Commodities	28	1.43%	55.12M	Jun 2009	CGL.TO vs HUG.TO
AMAX.TO	Hamilton Gold Producer YIELD MAXIMIZER ETF	Gold, Derivative Income	32	-1.05%	519.30M	Feb 2024	CGL.TO vs AMAX.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	67	19.82%	3.25B	Jan 2010	CGL.TO vs ZQQ.TO
XBB.TO	iShares Core Canadian Universe Bond Index ETF	Canadian Government Bonds	21	1.51%	9.96B	Nov 2000	CGL.TO vs XBB.TO
VEQT.TO	Vanguard All-Equity ETF Portfolio	Global Equities	81	12.75%	14.70B	Jan 2019	CGL.TO vs VEQT.TO
XGDG.L	Xtrackers IE Physical Gold GBP Hedged ETC Securiti...	Precious Metals	33	2.36%	480.69M	May 2020	CGL.TO vs XGDG.L
PMIF.TO	PIMCO Monthly Income Fund (Canada)		52	0.10%	38.14B	—	CGL.TO vs PMIF.TO
GDL.TO	Goodfellow Inc.		30	-0.50%	—	—	CGL.TO vs GDL.TO
ZGLD.TO	BMO Gold Bullion ETF (CAD Units)	Gold	36	4.35%	—	Mar 2024	CGL.TO vs ZGLD.TO
PHYS.TO	Sprott Physical Gold Trust		73	2.89%	—	—	CGL.TO vs PHYS.TO
GLCL.TO	Global X Enhanced Gold Producer Equity Covered Cal...	Gold, Precious Metals	41	-2.04%	—	Apr 2025	CGL.TO vs GLCL.TO
VFV.TO	Vanguard S&P 500 Index ETF	S&P 500	74	12.30%	32.85B	Nov 2012	CGL.TO vs VFV.TO
ZGLH.TO	BMO Gold Bullion Hedged to CAD ETF	Gold	31	2.02%	—	Mar 2024	CGL.TO vs ZGLH.TO

Compare CGL.TO with Any Fund or Stock

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

Symbol name

Diversifiers

Pair CGL.TO with funds that move differently

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

Explore CGL.TO Diversifiers

iShares Gold Bullion ETF (CAD-Hedged) (CGL.TO) Alternatives