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

ETF · Currency in CAD · Last updated Jun 5, 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 0.04%.

SymbolNameExpense RatioAUMInception
USCL.TO
Global X Enhanced S&P 500 Covered Call ETF0.04%249.48MJul 2023EACC.NEO vs USCL.TO
EQLI.TO
Invesco S&P 500 Equal Weight Income Advantage ETF0.29%155.19MNov 2025EACC.NEO vs EQLI.TO
ECHI.TO
Ninepoint Enhanced Canadian HighShares ETF0.29%—Aug 2025EACC.NEO vs ECHI.TO
JEPQ.TO
JPMorgan Nasdaq Equity Premium Income Active ETF0.35%136.22MSep 2024EACC.NEO vs JEPQ.TO
HBIL.TO
Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...0.35%235.30MSep 2024EACC.NEO vs HBIL.TO

Best Risk-Adjusted Alternatives to EACC.NEO

EACC.NEO has a PortfoliosLab risk / return rank of 39. There are 50 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
—Jun 2022EACC.NEO vs HLIF.TO
CBNK.TO
Mulvihill Canadian Bank Enhanced Yield ETF
97
—Feb 2022EACC.NEO vs CBNK.TO
BANK.TO
Evolve Canadian Banks and Lifecos Enhanced Yield I...
96
1.08BFeb 2022EACC.NEO vs BANK.TO
BKCL.TO
Global X Enhanced Equal Weight Canadian Banks Cove...
95
187.53MJul 2023EACC.NEO vs BKCL.TO
BKCC.TO
Global X Equal Weight Canadian Bank Covered Call E...
95
370.01MMay 2011EACC.NEO vs BKCC.TO

Top Performing EACC.NEO Alternatives (YTD)

EACC.NEO is at 8.26% YTD. There are 55 ETFs in the Derivative Income category with higher YTD returns, going as high as 42.78%.

SymbolNameYTD ReturnAUMInception
YAVG.NEO
Broadcom (AVGO) Yield Shares Purpose ETF
42.78%
—Feb 2025EACC.NEO vs YAVG.NEO
CNQE.TO
Harvest CNQ Enhanced High Income Shares ETF
38.88%
—Aug 2025EACC.NEO vs CNQE.TO
ENCL.TO
Global X Enhanced Canadian Oil and Gas Equity Cove...
37.98%
286.32MOct 2023EACC.NEO vs ENCL.TO
NXF.TO
CI Energy Giants Covered Call ETF Common Units (CA...
31.66%
116.31MFeb 2015EACC.NEO vs NXF.TO
EMAX.TO
Hamilton Energy YIELD MAXIMIZER ETF
30.95%
476.70MFeb 2024EACC.NEO vs EMAX.TO

Lowest Volatility Alternatives to EACC.NEO

EACC.NEO has 14.97% 1-year volatility. There are 41 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 1.66%.

SymbolNameVolatility 1YAUMInception
HBIL.TO
Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...1.66%235.30MSep 2024EACC.NEO vs HBIL.TO
HPYM.TO
Harvest Premium Yield 7-10 Year Treasury ETF - Cla...4.53%226.83MJan 2024EACC.NEO vs HPYM.TO
UMAX.TO
Hamilton Utilities YIELD MAXIMIZER ETF6.65%1.34BJun 2023EACC.NEO vs UMAX.TO
HLIF.TO
Harvest Canadian Equity Income Leaders ETF Class A6.89%—Jun 2022EACC.NEO vs HLIF.TO
ZWU.TO
BMO Covered Call Utilities ETF7.59%2.17BOct 2011EACC.NEO vs ZWU.TO

Lowest Drawdown Alternatives to EACC.NEO

EACC.NEO has a 1-year max drawdown of -11.30%. There are 41 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%
235.30MSep 2024EACC.NEO vs HBIL.TO
HLIF.TO
Harvest Canadian Equity Income Leaders ETF Class A
-3.09%
—Jun 2022EACC.NEO vs HLIF.TO
HPYM.TO
Harvest Premium Yield 7-10 Year Treasury ETF - Cla...
-3.85%
226.83MJan 2024EACC.NEO vs HPYM.TO
HUTE.TO
Harvest Equal Weight Global Utilities Enhanced Inc...
-4.57%
97.17MOct 2022EACC.NEO vs HUTE.TO
ZWU.TO
BMO Covered Call Utilities ETF
-4.86%
2.17BOct 2011EACC.NEO vs ZWU.TO

Other ETFs from Global X

The 10 most viewed Global X ETFs shown here include CASH.TO, CBIL.TO, QQCL.TO and span 11 categories. AUM among these funds goes as high as $7B.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
CASH.TO
Global X High Interest Savings ETFMoney Market
100
0.84%
6.70BNov 2021EACC.NEO vs CASH.TO
CBIL.TO
Global X 0-3 Month T-Bill ETFCanadian Government Bonds
99
0.87%
2.27BApr 2023EACC.NEO vs CBIL.TO
QQCL.TO
Global X Enhanced NASDAQ-100 Covered Call ETFNasdaq-100, Derivative Income
82
20.29%
364.56MOct 2023EACC.NEO vs QQCL.TO
HXS.TO
Global X S&P 500 Index Corporate Class ETFS&P 500
75
12.45%
6.67BNov 2010EACC.NEO vs HXS.TO
HXT.TO
Global X S&P/TSX 60 Corporate Class ETFCanada Equities
87
11.43%
5.16BSep 2010EACC.NEO vs HXT.TO
HSAV.TO
Global X Cash Maximizer Corporate Class ETFBank Loan
69
1.05%
1.92BFeb 2020EACC.NEO vs HSAV.TO
CHPS.TO
Global X Artificial Intelligence Semiconductor Ind...Semiconductors, Technology Equities
94
62.90%
342.08MJun 2021EACC.NEO vs CHPS.TO
HBNK.TO
Global X Equal Weight Banks Index ETFFinancials Equities
96
21.25%
—Jul 2023EACC.NEO vs HBNK.TO
QQCC.TO
Global X NASDAQ-100 Covered Call ETFNasdaq-100, Derivative Income
82
16.38%
713.85MSep 2011EACC.NEO vs QQCC.TO
GLCC.TO
Global X Gold Producer Equity Covered Call ETFDerivative Income, Gold
42
1.66%
597.10MApr 2011EACC.NEO vs GLCC.TO

Often Compared With EACC.NEO

Investors most often compare EACC.NEO with ZWE.TO, EMCL.NEO, AVGY.TO. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
ZWE.TO
BMO Europe High Dividend Covered Call Hedged to CA...Foreign Large Cap Equities
32
4.91%
762.24MSep 2015EACC.NEO vs ZWE.TO
EMCL.NEO
Global X Enhanced MSCI Emerging Markets Covered Ca...Derivative Income
86
27.22%
7.06MMay 2024EACC.NEO vs EMCL.NEO
AVGY.TO
Harvest Broadcom Enhanced High Income Shares ETF -...Derivative Income
50
25.75%
—Mar 2025EACC.NEO vs AVGY.TO
TILV.TO
TD Q International Low Volatility ETFForeign Large Cap Equities
38
7.71%
133.63MMay 2019EACC.NEO vs TILV.TO
INTY.TO
Evolve International Equity UltraYield ETFDerivative Income———Jan 2026EACC.NEO vs INTY.TO
RCDC.TO
RBC Canadian Dividend Covered Call ETFDerivative Income
94
13.36%
—Jan 2023EACC.NEO vs RCDC.TO
HDIV.TO
Hamilton Enhanced Canadian Covered Call ETFDerivative Income
93
17.22%
1.63BJul 2021EACC.NEO vs HDIV.TO
ENCC.TO
Global X Canadian Oil and Gas Equity Covered Call ...Derivative Income, Energy Equities
89
30.00%
759.08MApr 2011EACC.NEO vs ENCC.TO
ZLI.TO
BMO Low Volatility International Equity ETFForeign Large Cap Equities
9
1.65%
284.99MSep 2015EACC.NEO vs ZLI.TO
RIDH.TO
RBC Quant EAFE Dividend Leaders (CAD Hedged) ETFForeign Large Cap Equities
84
12.44%
145.76MOct 2014EACC.NEO vs RIDH.TO
JEPI.TO
JPMorgan US Equity Premium Income Active ETFDerivative Income
32
2.05%
—Sep 2024EACC.NEO vs JEPI.TO
MSTE.TO
Harvest MicroStrategy Enhanced High Income Shares ...Derivative Income
2
-18.72%
—Mar 2025EACC.NEO vs MSTE.TO
VIDY.TO
Vanguard FTSE Developed ex North America High Divi...Foreign Large Cap Equities, Dividend
64
11.55%
1.90BAug 2018EACC.NEO vs VIDY.TO
CRCY.TO
Harvest Circle Enhanced High Income Shares ETF Cla...Derivative Income—
4.52%
—Sep 2025EACC.NEO vs CRCY.TO
ZWC.TO
BMO CA High Dividend Covered Call ETFDerivative Income
93
12.26%
2.30BFeb 2017EACC.NEO vs ZWC.TO
HGY.TO
Global X Gold Yield ETFGold
29
2.01%
219.30MDec 2010EACC.NEO vs HGY.TO
XSH.TO
iShares Core Canadian Short Term Corporate Bond In...Canadian Government Bonds
55
1.28%
2.40BSep 2011EACC.NEO vs XSH.TO
GOGY.TO
Harvest Alphabet Enhanced High Income Shares ETF C...Derivative Income
94
19.65%
—Mar 2025EACC.NEO vs GOGY.TO
HPYT.TO
Harvest Premium Yield Treasury ETF ADerivative Income
16
-0.04%
385.04MMay 2024EACC.NEO vs HPYT.TO
JNK
SPDR Barclays High Yield Bond ETFHigh Yield Bonds
61
1.67%
7.69BNov 2007EACC.NEO vs JNK

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