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%	1.10B	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%	44.36M	Jan 2019	CGL.TO vs HGGG.TO

Best Risk-Adjusted Alternatives to CGL.TO

CGL.TO has a PortfoliosLab risk / return rank of 19. There are 12 ETFs in the Gold category with higher risk-adjusted ranks, going as high as 38.

Symbol	Name	Risk / Return Rank	AUM	Inception
HGGG.TO	Harvest Global Gold Giants Index ETF	38	44.36M	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	34	3.65B	Mar 2001	CGL.TO vs XGD.TO
ZJG.TO	BMO Junior Gold Index ETF	34	178.55M	Jan 2010	CGL.TO vs ZJG.TO
ZGD.TO	BMO Equal Weight Global Gold Index ETF	31	306.01M	Nov 2012	CGL.TO vs ZGD.TO

Top Performing CGL.TO Alternatives (YTD)

CGL.TO is at -5.72% YTD. There are 7 ETFs in the Gold category with higher YTD returns, going as high as -1.26%.

Symbol	Name	YTD Return	AUM	Inception
ZGLD.TO	BMO Gold Bullion ETF (CAD Units)	-1.26%	—	Mar 2024	CGL.TO vs ZGLD.TO
CGL-C.TO	iShares Gold Bullion ETF	-1.35%	—	Mar 2011	CGL.TO vs CGL-C.TO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	-1.48%	—	Oct 2018	CGL.TO vs KILO-B.TO
ZGD.TO	BMO Equal Weight Global Gold Index ETF	-1.70%	306.01M	Nov 2012	CGL.TO vs ZGD.TO
XGD.TO	iShares S&P/TSX Global Gold Index ETF	-3.25%	3.65B	Mar 2001	CGL.TO vs XGD.TO

Lowest Volatility Alternatives to CGL.TO

CGL.TO has 27.92% 1-year volatility. There are 6 ETFs in the Gold category with lower 1-year volatility, going as low as 24.87%.

Symbol	Name	Volatility 1Y	AUM	Inception
HGY.TO	Global X Gold Yield ETF	24.87%	191.55M	Dec 2010	CGL.TO vs HGY.TO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	25.95%	—	Oct 2018	CGL.TO vs KILO-B.TO
ZGLD.TO	BMO Gold Bullion ETF (CAD Units)	26.30%	—	Mar 2024	CGL.TO vs ZGLD.TO
CGL-C.TO	iShares Gold Bullion ETF	26.30%	—	Mar 2011	CGL.TO vs CGL-C.TO
KILO.TO	Purpose Gold Bullion Fund	27.23%	1.10B	Oct 2018	CGL.TO vs KILO.TO

Lowest Drawdown Alternatives to CGL.TO

CGL.TO has a 1-year max drawdown of -24.93%. There are 5 ETFs in the Gold category with shallower 1-year drawdowns, going as shallow as -22.06%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
ZGLD.TO	BMO Gold Bullion ETF (CAD Units)	-22.06%	—	Mar 2024	CGL.TO vs ZGLD.TO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	-22.10%	—	Oct 2018	CGL.TO vs KILO-B.TO
CGL-C.TO	iShares Gold Bullion ETF	-22.11%	—	Mar 2011	CGL.TO vs CGL-C.TO
HGY.TO	Global X Gold Yield ETF	-22.37%	191.55M	Dec 2010	CGL.TO vs HGY.TO
KILO.TO	Purpose Gold Bullion Fund	-24.90%	1.10B	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 $30B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
XEQT.TO	iShares Core Equity ETF Portfolio	Global Equities	80	12.92%	19.56B	Aug 2019	CGL.TO vs XEQT.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	Dividend, Large Cap Value Equities	98	21.65%	5.54B	Jun 2017	CGL.TO vs XDIV.TO
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	Canada Equities	97	23.82%	4.13B	Apr 2011	CGL.TO vs XEI.TO
XIC.TO	iShares Core S&P/TSX Capped Composite Index ETF	Canada Equities	81	11.29%	30.44B	Feb 2001	CGL.TO vs XIC.TO
XIU.TO	iShares S&P/TSX 60 Index ETF	Canada Equities	86	11.72%	22.98B	Sep 1999	CGL.TO vs XIU.TO
XQQ.TO	iShares NASDAQ 100 Index ETF (CAD-Hedged)	Nasdaq-100	44	14.79%	5.60B	May 2011	CGL.TO vs XQQ.TO
XEF.TO	iShares Core MSCI EAFE IMI Index ETF	Foreign Large Cap Equities	54	12.09%	22.44B	Apr 2013	CGL.TO vs XEF.TO
XGRO.TO	iShares Core Growth ETF Portfolio	Diversified Portfolio	69	10.64%	4.97B	Jun 2007	CGL.TO vs XGRO.TO
XUS.TO	iShares Core S&P 500 Index ETF	S&P 500	71	11.90%	12.94B	Apr 2013	CGL.TO vs XUS.TO
XAW.TO	iShares Core MSCI All Country World ex Canada Inde...	Global Equities	76	14.02%	4.47B	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	18	-6.93%	1.20B	—	CGL.TO vs MNT.TO
GLDM	SPDR Gold MiniShares Trust	Gold, Precious Metals	22	-4.72%	28.75B	Jun 2018	CGL.TO vs GLDM
VOO	Vanguard S&P 500 ETF	S&P 500	59	8.19%	1.70T	Sep 2010	CGL.TO vs VOO
SVR.TO	iShares Silver Bullion ETF	Silver, Precious Metals	30	-14.79%	469.32M	Jul 2009	CGL.TO vs SVR.TO
VALT.TO	CI Gold Bullion Fund		20	-5.22%	—	—	CGL.TO vs VALT.TO
AAAU	Goldman Sachs Physical Gold ETF	Gold, Precious Metals	22	-4.75%	2.65B	Jul 2018	CGL.TO vs AAAU
GSG	iShares S&P GSCI Commodity-Indexed Trust	Commodities	37	25.54%	938.89M	Jul 2006	CGL.TO vs GSG
HUG.TO	Global X Gold ETF	Gold, Commodities, Precious Metals	19	-6.22%	51.66M	Jun 2009	CGL.TO vs HUG.TO
AMAX.TO	Hamilton Gold Producer YIELD MAXIMIZER ETF	Gold, Derivative Income, Precious Metals	25	-7.81%	504.60M	Feb 2024	CGL.TO vs AMAX.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	41	14.60%	3.24B	Jan 2010	CGL.TO vs ZQQ.TO
XBB.TO	iShares Core Canadian Universe Bond Index ETF	Intermediate Core Bond	21	1.65%	10.10B	Nov 2000	CGL.TO vs XBB.TO
VEQT.TO	Vanguard All-Equity ETF Portfolio	Global Equities	82	13.11%	14.70B	Jan 2019	CGL.TO vs VEQT.TO
XGDG.L	Xtrackers IE Physical Gold GBP Hedged ETC Securiti...	Gold, Precious Metals	22	-4.88%	424.83M	May 2020	CGL.TO vs XGDG.L
PMIF.TO	PIMCO Monthly Income Fund (Canada)		49	0.60%	38.59B	—	CGL.TO vs PMIF.TO
SVR-C.TO	iShares Silver Bullion ETF (Non-Hedged)	Silver, Precious Metals	35	-10.93%	—	Mar 2011	CGL.TO vs SVR-C.TO
GDL.TO	Goodfellow Inc.		28	-3.81%	—	—	CGL.TO vs GDL.TO
CGXF.TO	CI Gold+ Giants Covered Call ETF Common	Gold, Precious Metals	24	-8.39%	243.61M	Mar 2022	CGL.TO vs CGXF.TO
PHYS.TO	Sprott Physical Gold Trust		65	-3.00%	—	—	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	—	-14.48%	—	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