DXQ.TO Alternatives & Similar ETFs

Dynamic Active Enhanced Yield Covered Options ETF (DXQ.TO) belongs to the Derivative Income category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with DXQ.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to DXQ.TO

DXQ.TO charges 0.72% annually. There are 54 ETFs in the Derivative Income category with lower expense ratios, going as low as 0.04%.

Symbol	Name	Expense Ratio	AUM	Inception
USCL.TO	Global X Enhanced S&P 500 Covered Call ETF	0.04%	249.48M	Jul 2023	DXQ.TO vs USCL.TO
EQLI.TO	Invesco S&P 500 Equal Weight Income Advantage ETF	0.29%	155.19M	Nov 2025	DXQ.TO vs EQLI.TO
ECHI.TO	Ninepoint Enhanced Canadian HighShares ETF	0.29%	—	Aug 2025	DXQ.TO vs ECHI.TO
JEPQ.TO	JPMorgan Nasdaq Equity Premium Income Active ETF	0.35%	136.22M	Sep 2024	DXQ.TO vs JEPQ.TO
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	0.35%	235.30M	Sep 2024	DXQ.TO vs HBIL.TO

Best Risk-Adjusted Alternatives to DXQ.TO

DXQ.TO has a PortfoliosLab risk / return rank of 65. There are 37 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 98.

Symbol	Name	Risk / Return Rank	AUM	Inception
HLIF.TO	Harvest Canadian Equity Income Leaders ETF Class A	98	—	Jun 2022	DXQ.TO vs HLIF.TO
CBNK.TO	Mulvihill Canadian Bank Enhanced Yield ETF	96	—	Feb 2022	DXQ.TO vs CBNK.TO
BANK.TO	Evolve Canadian Banks and Lifecos Enhanced Yield I...	96	1.08B	Feb 2022	DXQ.TO vs BANK.TO
BKCL.TO	Global X Enhanced Equal Weight Canadian Banks Cove...	95	187.53M	Jul 2023	DXQ.TO vs BKCL.TO
BKCC.TO	Global X Equal Weight Canadian Bank Covered Call E...	94	370.01M	May 2011	DXQ.TO vs BKCC.TO

Top Performing DXQ.TO Alternatives (YTD)

DXQ.TO is at 6.80% YTD. There are 57 ETFs in the Derivative Income category with higher YTD returns, going as high as 59.96%.

Symbol	Name	YTD Return	AUM	Inception
YAVG.NEO	Broadcom (AVGO) Yield Shares Purpose ETF	59.96%	—	Feb 2025	DXQ.TO vs YAVG.NEO
AVGY.TO	Harvest Broadcom Enhanced High Income Shares ETF -...	42.92%	—	Mar 2025	DXQ.TO vs AVGY.TO
CNQE.TO	Harvest CNQ Enhanced High Income Shares ETF	39.35%	—	Aug 2025	DXQ.TO vs CNQE.TO
ENCL.TO	Global X Enhanced Canadian Oil and Gas Equity Cove...	36.58%	286.32M	Oct 2023	DXQ.TO vs ENCL.TO
NXF.TO	CI Energy Giants Covered Call ETF Common Units (CA...	32.43%	116.31M	Feb 2015	DXQ.TO vs NXF.TO

Lowest Volatility Alternatives to DXQ.TO

DXQ.TO has 9.21% 1-year volatility. There are 10 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 1.66%.

Symbol	Name	Volatility 1Y	AUM	Inception
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	1.66%	235.30M	Sep 2024	DXQ.TO vs HBIL.TO
HPYM.TO	Harvest Premium Yield 7-10 Year Treasury ETF - Cla...	4.53%	226.83M	Jan 2024	DXQ.TO vs HPYM.TO
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	6.65%	1.34B	Jun 2023	DXQ.TO vs UMAX.TO
HLIF.TO	Harvest Canadian Equity Income Leaders ETF Class A	6.85%	—	Jun 2022	DXQ.TO vs HLIF.TO
ZWU.TO	BMO Covered Call Utilities ETF	7.59%	2.17B	Oct 2011	DXQ.TO vs ZWU.TO

Lowest Drawdown Alternatives to DXQ.TO

DXQ.TO has a 1-year max drawdown of -5.11%. There are 5 ETFs in the Derivative Income category with shallower 1-year drawdowns, going as shallow as -0.95%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	-0.95%	235.30M	Sep 2024	DXQ.TO vs HBIL.TO
HLIF.TO	Harvest Canadian Equity Income Leaders ETF Class A	-3.09%	—	Jun 2022	DXQ.TO vs HLIF.TO
HPYM.TO	Harvest Premium Yield 7-10 Year Treasury ETF - Cla...	-3.85%	226.83M	Jan 2024	DXQ.TO vs HPYM.TO
HUTE.TO	Harvest Equal Weight Global Utilities Enhanced Inc...	-4.57%	97.17M	Oct 2022	DXQ.TO vs HUTE.TO
ZWU.TO	BMO Covered Call Utilities ETF	-4.86%	2.17B	Oct 2011	DXQ.TO vs ZWU.TO

Other ETFs from Dynamic

The 3 most viewed Dynamic ETFs shown here include DXMO.TO, DXBB.TO, DXU.TO and span 3 categories. AUM among these funds goes as high as $83M.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
DXMO.TO	Dynamic Active Mining Opportunities ETF	Materials	52	11.64%	—	Jul 2024	DXQ.TO vs DXMO.TO
DXBB.TO	Dynamic Active Bond ETF	Intermediate Core-Plus Bond	29	2.14%	—	Oct 2024	DXQ.TO vs DXBB.TO
DXU.TO	Dynamic Active U.S. Dividend ETF	Dividend	78	27.69%	82.94M	Sep 2024	DXQ.TO vs DXU.TO

Often Compared With DXQ.TO

Investors most often compare DXQ.TO with YCST.NEO, HHIS.TO, CRCY.TO. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
YCST.NEO	Costco (COST) Yield Shares Purpose ETF	Derivative Income	5	12.72%	—	Feb 2025	DXQ.TO vs YCST.NEO
HHIS.TO	Harvest Diversified High Income Shares ETF	Derivative Income	32	9.32%	1.82B	Jan 2025	DXQ.TO vs HHIS.TO
CRCY.TO	Harvest Circle Enhanced High Income Shares ETF Cla...	Derivative Income	—	3.77%	—	Sep 2025	DXQ.TO vs CRCY.TO
YTSL.NEO	Tesla (TSLA) Yield Shares Purpose ETF	Derivative Income	30	-6.32%	438.20M	Dec 2022	DXQ.TO vs YTSL.NEO
EMAX.TO	Hamilton Energy YIELD MAXIMIZER ETF	Energy Equities, Derivative Income	70	30.76%	476.70M	Feb 2024	DXQ.TO vs EMAX.TO
GOGY.TO	Harvest Alphabet Enhanced High Income Shares ETF C...	Derivative Income	93	14.33%	—	Mar 2025	DXQ.TO vs GOGY.TO
TSLY.TO	Harvest Tesla Enhanced High Income Shares ETF	Derivative Income	23	-4.02%	278.60M	Jan 2025	DXQ.TO vs TSLY.TO
JEPI.TO	JPMorgan US Equity Premium Income Active ETF	Derivative Income	28	1.48%	—	Sep 2024	DXQ.TO vs JEPI.TO
USCC.TO	Global X S&P 500 Covered Call ETF	Derivative Income, S&P 500	80	9.71%	400.59M	Sep 2011	DXQ.TO vs USCC.TO
INTY.TO	Evolve International Equity UltraYield ETF	Derivative Income	—	—	—	Jan 2026	DXQ.TO vs INTY.TO
QQCC.TO	Global X NASDAQ-100 Covered Call ETF	Nasdaq-100, Derivative Income	82	16.94%	713.85M	Sep 2011	DXQ.TO vs QQCC.TO
RCDC.TO	RBC Canadian Dividend Covered Call ETF	Derivative Income	93	12.49%	—	Jan 2023	DXQ.TO vs RCDC.TO
ZWG.TO	BMO Global High Dividend Covered Call ETF	Derivative Income	64	11.46%	337.99M	Jan 2020	DXQ.TO vs ZWG.TO
HYLD-U.TO	Hamilton Enhanced U.S. Covered Call ETF (USD)	Derivative Income	73	15.12%	937.07M	Feb 2022	DXQ.TO vs HYLD-U.TO
HPYT.TO	Harvest Premium Yield Treasury ETF A	Derivative Income	18	-0.30%	385.04M	May 2024	DXQ.TO vs HPYT.TO
HDIV.TO	Hamilton Enhanced Multi-Sector Covered Call ETF	Derivative Income	92	16.21%	1.63B	Jul 2021	DXQ.TO vs HDIV.TO
ZWC.TO	BMO CA High Dividend Covered Call ETF	Derivative Income	92	11.12%	2.30B	Feb 2017	DXQ.TO vs ZWC.TO
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	Derivative Income, Energy Equities	85	29.01%	759.08M	Apr 2011	DXQ.TO vs ENCC.TO
CDAY.NEO	Hamilton Enhanced Canadian Equity DayMAX ETF	Derivative Income, Canada Equities	—	13.70%	242.10M	Jul 2025	DXQ.TO vs CDAY.NEO
HYLD.TO	Hamilton Enhanced U.S. Covered Call ETF	Derivative Income	75	15.73%	1.29B	Feb 2022	DXQ.TO vs HYLD.TO

Compare DXQ.TO with Any Fund or Stock

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

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Diversifiers

Pair DXQ.TO with funds that move differently

Dynamic Active Enhanced Yield Covered Options ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to DXQ.TO.

Explore DXQ.TO Diversifiers

Dynamic Active Enhanced Yield Covered Options ETF (DXQ.TO) Alternatives