CGL.TO Alternatives & Similar ETFs

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

Best Risk-Adjusted Alternatives to CGL.TO

CGL.TO has a PortfoliosLab risk / return rank of 22. There are 12 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	42.66M	Jan 2019	CGL.TO vs HGGG.TO
GLDX.TO	Global X Gold Producers Index ETF	35	—	Nov 2024	CGL.TO vs GLDX.TO
XGD.TO	iShares S&P/TSX Global Gold Index ETF	35	3.30B	Mar 2001	CGL.TO vs XGD.TO
ZJG.TO	BMO Junior Gold Index ETF	34	168.31M	Jan 2010	CGL.TO vs ZJG.TO
ZGD.TO	BMO Equal Weight Global Gold Index ETF	31	281.50M	Nov 2012	CGL.TO vs ZGD.TO

Top Performing CGL.TO Alternatives (YTD)

CGL.TO is at -7.14% YTD. There are 5 ETFs in the Gold category with higher YTD returns, going as high as -3.72%.

Symbol	Name	YTD Return	AUM	Inception
ZGLD.TO	BMO Gold Bullion ETF (CAD Units)	-3.72%	—	Mar 2024	CGL.TO vs ZGLD.TO
CGL-C.TO	iShares Gold Bullion ETF	-3.96%	—	Mar 2011	CGL.TO vs CGL-C.TO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	-4.13%	—	Oct 2018	CGL.TO vs KILO-B.TO
VALT-U.TO	CI Gold Bullion ETF (US$ Series)	-5.81%	164.50M	Jan 2021	CGL.TO vs VALT-U.TO
ZGD.TO	BMO Equal Weight Global Gold Index ETF	-6.97%	281.50M	Nov 2012	CGL.TO vs ZGD.TO

Lowest Volatility Alternatives to CGL.TO

CGL.TO has 28.31% 1-year volatility. There are 6 ETFs in the Gold category with lower 1-year volatility, going as low as 25.34%.

Symbol	Name	Volatility 1Y	AUM	Inception
HGY.TO	Global X Gold Yield ETF	25.34%	180.76M	Dec 2010	CGL.TO vs HGY.TO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	26.41%	—	Oct 2018	CGL.TO vs KILO-B.TO
CGL-C.TO	iShares Gold Bullion ETF	26.75%	—	Mar 2011	CGL.TO vs CGL-C.TO
ZGLD.TO	BMO Gold Bullion ETF (CAD Units)	26.76%	—	Mar 2024	CGL.TO vs ZGLD.TO
KILO.TO	Purpose Gold Bullion Fund	27.65%	1.00B	Oct 2018	CGL.TO vs KILO.TO

Lowest Drawdown Alternatives to CGL.TO

CGL.TO has a 1-year max drawdown of -26.79%. There are 4 ETFs in the Gold category with shallower 1-year drawdowns, going as shallow as -22.38%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
ZGLD.TO	BMO Gold Bullion ETF (CAD Units)	-22.38%	—	Mar 2024	CGL.TO vs ZGLD.TO
CGL-C.TO	iShares Gold Bullion ETF	-22.46%	—	Mar 2011	CGL.TO vs CGL-C.TO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	-22.56%	—	Oct 2018	CGL.TO vs KILO-B.TO
HGY.TO	Global X Gold Yield ETF	-24.27%	180.76M	Dec 2010	CGL.TO vs HGY.TO
KILO.TO	Purpose Gold Bullion Fund	-26.91%	1.00B	Oct 2018	CGL.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	87	14.16%	20.34B	Aug 2019	CGL.TO vs XEQT.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	Dividend, Large Cap Value Equities	98	26.60%	5.78B	Jun 2017	CGL.TO vs XDIV.TO
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	Canada Equities	98	27.27%	4.25B	Apr 2011	CGL.TO vs XEI.TO
XIC.TO	iShares Core S&P/TSX Capped Composite Index ETF	Canada Equities	89	12.97%	31.16B	Feb 2001	CGL.TO vs XIC.TO
XIU.TO	iShares S&P/TSX 60 Index ETF	Canada Equities	93	13.97%	23.77B	Sep 1999	CGL.TO vs XIU.TO
XQQ.TO	iShares NASDAQ 100 Index ETF (CAD-Hedged)	Nasdaq-100	42	15.40%	5.51B	May 2011	CGL.TO vs XQQ.TO
XEF.TO	iShares Core MSCI EAFE IMI Index ETF	Foreign Large Cap Equities	65	13.03%	22.53B	Apr 2013	CGL.TO vs XEF.TO
XGRO.TO	iShares Core Growth ETF Portfolio	Diversified Portfolio	78	11.53%	5.03B	Jun 2007	CGL.TO vs XGRO.TO
XUS.TO	iShares Core S&P 500 Index ETF	S&P 500	78	13.69%	13.11B	Apr 2013	CGL.TO vs XUS.TO
XAW.TO	iShares Core MSCI All Country World ex Canada Inde...	Global Equities	81	14.82%	4.49B	Feb 2015	CGL.TO vs XAW.TO

Often Compared With CGL.TO

Investors most often compare CGL.TO with MNT.TO, GLDM, VOO. These 20 comparison targets span 9 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	20	-7.38%	1.20B	—	CGL.TO vs MNT.TO
GLDM	SPDR Gold MiniShares Trust	Gold, Precious Metals	25	-6.01%	27.70B	Jun 2018	CGL.TO vs GLDM
VOO	Vanguard S&P 500 ETF	S&P 500	70	11.30%	1.70T	Sep 2010	CGL.TO vs VOO
SVR.TO	iShares Silver Bullion ETF	Silver, Precious Metals	27	-20.32%	432.24M	Jul 2009	CGL.TO vs SVR.TO
VALT.TO	CI Gold Bullion Fund		21	-6.91%	—	—	CGL.TO vs VALT.TO
AAAU	Goldman Sachs Physical Gold ETF	Gold, Precious Metals	25	-6.02%	2.45B	Jul 2018	CGL.TO vs AAAU
GSG	iShares S&P GSCI Commodity-Indexed Trust	Commodities	57	35.21%	853.88M	Jul 2006	CGL.TO vs GSG
HUG.TO	Global X Gold ETF	Gold, Commodities, Precious Metals	21	-7.30%	50.22M	Jun 2009	CGL.TO vs HUG.TO
AMAX.TO	Hamilton Gold Producer YIELD MAXIMIZER ETF	Gold, Derivative Income, Precious Metals	25	-12.97%	468.60M	Feb 2024	CGL.TO vs AMAX.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	38	15.43%	3.09B	Jan 2010	CGL.TO vs ZQQ.TO
XBB.TO	iShares Core Canadian Universe Bond Index ETF	Intermediate Core Bond	34	1.18%	10.13B	Nov 2000	CGL.TO vs XBB.TO
VEQT.TO	Vanguard All-Equity ETF Portfolio	Global Equities	88	14.15%	15.67B	Jan 2019	CGL.TO vs VEQT.TO
XGDG.L	Xtrackers IE Physical Gold GBP Hedged ETC Securiti...	Gold, Precious Metals	23	-6.87%	415.26M	May 2020	CGL.TO vs XGDG.L
SVR-C.TO	iShares Silver Bullion ETF (Non-Hedged)	Silver, Precious Metals	30	-17.55%	—	Mar 2011	CGL.TO vs SVR-C.TO
PMIF.TO	PIMCO Monthly Income Fund (Canada)		54	0.49%	39.17B	—	CGL.TO vs PMIF.TO
CGXF.TO	CI Gold+ Giants Covered Call ETF Common	Gold, Precious Metals	24	-13.63%	249.45M	Mar 2022	CGL.TO vs CGXF.TO
GDL.TO	Goodfellow Inc.		46	-3.72%	—	—	CGL.TO vs GDL.TO
PHYS.TO	Sprott Physical Gold Trust		67	-5.27%	—	—	CGL.TO vs PHYS.TO
GLCL.TO	Global X Enhanced Gold Producer Equity Covered Cal...	Gold, Precious Metals	—	—	—	Apr 2025	CGL.TO vs GLCL.TO
AGCC.TO	Global X Silver Covered Call ETF	Silver, Derivative Income, Precious Metals	—	-19.85%	—	Oct 2025	CGL.TO vs AGCC.TO

Compare CGL.TO with Any Fund or Stock

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

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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