PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

Global X MSCI EAFE Covered Call ETF (EACC.NEO) Alternatives

ETF · Currency in CAD · Last updated Jul 22, 2026

The fund seeks to provide exposure to the MSCI EAFE Index and monthly distributions of dividend and call option income by employing a dynamic covered call option writing program to mitigate downside risk and generate income from developed-market equities in Europe, Australasia and the Far East.

Global X MSCI EAFE Covered Call ETF (EACC.NEO) 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 EACC.NEO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to EACC.NEO

EACC.NEO charges 0.49% annually. There are 28 ETFs in the Derivative Income category with lower expense ratios, going as low as 0.29%.

SymbolNameExpense RatioAUMInception
ECHI.TO
Ninepoint Enhanced Canadian HighShares ETF0.29%—Aug 2025EACC.NEO vs ECHI.TO
EQLI.TO
Invesco S&P 500 Equal Weight Income Advantage ETF0.29%169.56MNov 2025EACC.NEO vs EQLI.TO
JEPQ.TO
JPMorgan Nasdaq Equity Premium Income Active ETF0.35%136.22MSep 2024EACC.NEO vs JEPQ.TO
JEPI.TO
JPMorgan US Equity Premium Income Active ETF0.35%—Sep 2024EACC.NEO vs JEPI.TO
HBIL.TO
Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...0.35%225.10MSep 2024EACC.NEO vs HBIL.TO

Best Risk-Adjusted Alternatives to EACC.NEO

EACC.NEO has a PortfoliosLab risk / return rank of 53. There are 56 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 98.

SymbolNameRisk / Return RankAUMInception
HLIF.TO
Harvest Canadian Equity Income Leaders ETF Class A
98
186.23MJun 2022EACC.NEO vs HLIF.TO
CBNK.TO
Mulvihill Canadian Bank Enhanced Yield ETF
98
—Feb 2022EACC.NEO vs CBNK.TO
BANK.TO
Evolve Canadian Banks and Lifecos Enhanced Yield I...
98
1.31BFeb 2022EACC.NEO vs BANK.TO
ZWB.TO
BMO Covered Call Canadian Banks ETF
97
4.90BJan 2011EACC.NEO vs ZWB.TO
BKCL.TO
Global X Enhanced Equal Weight Canadian Banks Cove...
97
201.68MJul 2023EACC.NEO vs BKCL.TO

Top Performing EACC.NEO Alternatives (YTD)

EACC.NEO is at 11.21% YTD. There are 55 ETFs in the Derivative Income category with higher YTD returns, going as high as 44.75%.

SymbolNameYTD ReturnAUMInception
CBNK.TO
Mulvihill Canadian Bank Enhanced Yield ETF
44.75%
—Feb 2022EACC.NEO vs CBNK.TO
ENCL.TO
Global X Enhanced Canadian Oil and Gas Equity Cove...
38.67%
286.03MOct 2023EACC.NEO vs ENCL.TO
HPF.TO
Harvest Energy Leaders Income ETF Class A CAD Hedg...
33.89%
67.16MOct 2014EACC.NEO vs HPF.TO
CNQE.TO
Harvest CNQ Enhanced High Income Shares ETF
33.86%
—Aug 2025EACC.NEO vs CNQE.TO
BANK.TO
Evolve Canadian Banks and Lifecos Enhanced Yield I...
32.14%
1.31BFeb 2022EACC.NEO vs BANK.TO

Lowest Volatility Alternatives to EACC.NEO

EACC.NEO has 15.50% 1-year volatility. There are 52 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 1.77%.

SymbolNameVolatility 1YAUMInception
HBIL.TO
Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...1.77%225.10MSep 2024EACC.NEO vs HBIL.TO
HBIL-U.TO
Hamilton U.S. T-Bill YIELD MAXIMIZER ETF USD Unhed...1.93%160.53MSep 2024EACC.NEO vs HBIL-U.TO
HPYM.TO
Harvest Premium Yield 7-10 Year Treasury ETF - Cla...4.73%258.82MJan 2024EACC.NEO vs HPYM.TO
FCMI.TO
Fidelity Canadian Monthly High Income ETF6.40%12.40MJan 2020EACC.NEO vs FCMI.TO
ZPH.TO
BMO US Put Write Hedged to CAD ETF6.60%35.31MFeb 2017EACC.NEO vs ZPH.TO

Lowest Drawdown Alternatives to EACC.NEO

EACC.NEO has a 1-year max drawdown of -11.30%. There are 52 ETFs in the Derivative Income category with shallower 1-year drawdowns, going as shallow as -0.95%.

SymbolNameMax Drawdown 1YAUMInception
HBIL.TO
Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...
-0.95%
225.10MSep 2024EACC.NEO vs HBIL.TO
HBIL-U.TO
Hamilton U.S. T-Bill YIELD MAXIMIZER ETF USD Unhed...
-1.07%
160.53MSep 2024EACC.NEO vs HBIL-U.TO
HLIF.TO
Harvest Canadian Equity Income Leaders ETF Class A
-3.09%
186.23MJun 2022EACC.NEO vs HLIF.TO
FCMI.TO
Fidelity Canadian Monthly High Income ETF
-3.62%
12.40MJan 2020EACC.NEO vs FCMI.TO
HPYM.TO
Harvest Premium Yield 7-10 Year Treasury ETF - Cla...
-3.87%
258.82MJan 2024EACC.NEO vs HPYM.TO

Other ETFs from Global X

The 10 most viewed Global X ETFs shown here include CASH.TO, CBIL.TO, QQCL.TO and span 10 categories. AUM among these funds goes as high as $8B.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
CASH.TO
Global X High Interest Savings ETFMoney Market
100
1.12%
6.63BNov 2021EACC.NEO vs CASH.TO
CBIL.TO
Global X 0-3 Month T-Bill ETFCanadian Government Bonds
99
1.16%
2.42BApr 2023EACC.NEO vs CBIL.TO
QQCL.TO
Global X Enhanced NASDAQ-100 Covered Call ETFNasdaq-100, Derivative Income
74
18.66%
364.39MOct 2023EACC.NEO vs QQCL.TO
HXS.TO
Global X S&P 500 Index Corporate Class ETFS&P 500
76
13.00%
7.52BNov 2010EACC.NEO vs HXS.TO
HXT.TO
Global X S&P/TSX 60 Index Corporate Class ETFCanada Equities
92
13.34%
5.43BSep 2010EACC.NEO vs HXT.TO
CHPS.TO
Global X Artificial Intelligence Semiconductor Ind...Semiconductors, Technology Equities
89
56.15%
391.66MJun 2021EACC.NEO vs CHPS.TO
HSAV.TO
Global X Cash Maximizer Corporate Class ETFMoney Market
67
0.91%
1.93BFeb 2020EACC.NEO vs HSAV.TO
HBNK.TO
Global X Equal Weight Banks Index ETFFinancials Equities, Equal Weight
98
33.30%
—Jul 2023EACC.NEO vs HBNK.TO
USCL.TO
Global X Enhanced S&P 500 Covered Call ETFDerivative Income, S&P 500
84
14.02%
248.15MJul 2023EACC.NEO vs USCL.TO
QQCC.TO
Global X NASDAQ-100 Covered Call ETFNasdaq-100, Derivative Income
74
15.15%
707.02MSep 2011EACC.NEO vs QQCC.TO

Often Compared With EACC.NEO

Investors most often compare EACC.NEO with EMCL.NEO, AVGY.TO, NXF.TO. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
EMCL.NEO
Global X Enhanced MSCI Emerging Markets Covered Ca...Derivative Income
60
17.98%
6.79MMay 2024EACC.NEO vs EMCL.NEO
AVGY.TO
Harvest Broadcom Enhanced High Income Shares ETF -...Derivative Income
38
17.97%
—Mar 2025EACC.NEO vs AVGY.TO
NXF.TO
CI Energy Giants Covered Call ETF Common Units (CA...Energy Equities, Derivative Income
64
28.84%
135.17MFeb 2015EACC.NEO vs NXF.TO
ZWE.TO
BMO Europe High Dividend Covered Call Hedged to CA...Foreign Large Cap Equities
51
6.37%
769.27MSep 2015EACC.NEO vs ZWE.TO
TILV.TO
TD Q International Low Volatility ETFForeign Large Cap Equities
68
12.38%
129.10MMay 2019EACC.NEO vs TILV.TO
INTY.TO
Evolve International Equity UltraYield ETFDerivative Income———Jan 2026EACC.NEO vs INTY.TO
EMAX.TO
Hamilton Energy YIELD MAXIMIZER ETFEnergy Equities, Derivative Income
81
30.62%
508.40MFeb 2024EACC.NEO vs EMAX.TO
RCDC.TO
RBC Canadian Dividend Covered Call ETFDerivative Income
97
17.93%
—Jan 2023EACC.NEO vs RCDC.TO
HUTE.TO
Harvest Equal Weight Global Utilities Enhanced Inc...Derivative Income, Utilities Equities
51
12.17%
106.95MOct 2022EACC.NEO vs HUTE.TO
GLCC.TO
Global X Gold Producer Equity Covered Call ETFDerivative Income, Gold, Precious Metals
31
-11.23%
534.07MApr 2011EACC.NEO vs GLCC.TO
HDIV.TO
Hamilton Enhanced Canadian Covered Call ETFDerivative Income
95
19.40%
1.76BJul 2021EACC.NEO vs HDIV.TO
RIDH.TO
RBC Quant EAFE Dividend Leaders (CAD Hedged) ETFForeign Large Cap Equities
93
15.52%
156.14MOct 2014EACC.NEO vs RIDH.TO
BKCC.TO
Global X Equal Weight Canadian Bank Covered Call E...Derivative Income
97
23.72%
407.42MMay 2011EACC.NEO vs BKCC.TO
HYLD
High Yield ETFHigh Yield Bonds——95.91MNov 2010EACC.NEO vs HYLD
HGY.TO
Global X Gold Yield ETFGold, Precious Metals
20
-6.91%
175.81MDec 2010EACC.NEO vs HGY.TO
ENCC.TO
Global X Canadian Oil and Gas Equity Covered Call ...Derivative Income, Energy Equities
93
30.58%
754.66MApr 2011EACC.NEO vs ENCC.TO
XSH.TO
iShares Core Canadian Short Term Corporate Bond In...Canadian Government Bonds
73
1.51%
2.65BSep 2011EACC.NEO vs XSH.TO
ZLI.TO
BMO Low Volatility International Equity ETFForeign Large Cap Equities
22
5.74%
286.06MSep 2015EACC.NEO vs ZLI.TO
CRCY.TO
Harvest Circle Enhanced High Income Shares ETF Cla...Derivative Income—
-22.28%
—Sep 2025EACC.NEO vs CRCY.TO
ZWU.TO
BMO Covered Call Utilities ETFUtilities Equities, Derivative Income
72
11.35%
2.24BOct 2011EACC.NEO vs ZWU.TO

Compare EACC.NEO with Any Fund or Stock

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

 

Diversifiers

Pair EACC.NEO with funds that move differently

Global X MSCI EAFE Covered Call ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to EACC.NEO.

Explore EACC.NEO Diversifiers