Evolve European Banks Enhanced Yield ETF Hedged CAD (EBNK.TO) belongs to the Financials Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with EBNK.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to EBNK.TO
EBNK.TO charges 0.60% annually. There are 6 ETFs in the Financials Equities category with lower expense ratios, going as low as 0.09%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Global X Equal Weight Banks Index ETF | 0.09% | — | Jul 2023 | EBNK.TO vs HBNK.TO | |
| Hamilton Canadian Bank Equal-Weight Index ETF | 0.19% | 1.27B | Apr 2023 | EBNK.TO vs HEB.TO | |
| BMO Equal Weight Banks Index ETF | 0.25% | 5.16B | Oct 2009 | EBNK.TO vs ZEB.TO | |
| iShares S&P U.S. Financials Index ETF | 0.25% | — | Sep 2023 | EBNK.TO vs XUSF.TO | |
| Global X S&P/TSX Capped Financials Index Corporate... | 0.25% | 121.72M | Sep 2013 | EBNK.TO vs HXF.TO |
Best Risk-Adjusted Alternatives to EBNK.TO
EBNK.TO has a PortfoliosLab risk / return rank of 38. There are 15 ETFs in the Financials Equities category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Mulvihill Canadian Bank Enhanced Yield ETF | 96 | — | Feb 2022 | EBNK.TO vs CBNK.TO | |
| Global X Enhanced Equal Weight Banks Index ETF | 96 | — | Jul 2023 | EBNK.TO vs BNKL.TO | |
| BMO Equal Weight Banks Index ETF | 96 | 5.16B | Oct 2009 | EBNK.TO vs ZEB.TO | |
| Global X Equal Weight Banks Index ETF | 96 | — | Jul 2023 | EBNK.TO vs HBNK.TO | |
| Hamilton Canadian Bank Equal-Weight Index ETF | 96 | 1.27B | Apr 2023 | EBNK.TO vs HEB.TO |
Top Performing EBNK.TO Alternatives (YTD)
EBNK.TO is at 5.02% YTD. There are 15 ETFs in the Financials Equities category with higher YTD returns, going as high as 25.56%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Mulvihill Canadian Bank Enhanced Yield ETF | 25.56% | — | Feb 2022 | EBNK.TO vs CBNK.TO | |
| BetaPro S&P/TSX Capped Financials 2x Daily Bull ET... | 23.22% | 77.00M | Jun 2007 | EBNK.TO vs CFOU.TO | |
| Global X Enhanced Equal Weight Banks Index ETF | 20.92% | — | Jul 2023 | EBNK.TO vs BNKL.TO | |
| RBC Canadian Bank Yield Index ETF | 19.94% | 454.41M | Oct 2017 | EBNK.TO vs RBNK.TO | |
| BMO Equal Weight Banks Index ETF | 19.22% | 5.16B | Oct 2009 | EBNK.TO vs ZEB.TO |
Lowest Volatility Alternatives to EBNK.TO
EBNK.TO has 21.66% 1-year volatility. There are 18 ETFs in the Financials Equities category with lower 1-year volatility, going as low as 11.26%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| CI Canadian Banks Covered Call Income Class ETF | 11.26% | 423.04M | Aug 2010 | EBNK.TO vs CIC.TO | |
| BMO Covered Call Canadian Banks ETF | 11.31% | 4.34B | Jan 2024 | EBNK.TO vs ZWB.TO | |
| iShares Equal Weight Banc & Lifeco ETF | 11.61% | 381.54M | Feb 2008 | EBNK.TO vs CEW.TO | |
| iShares S&P/TSX Capped Financials Index ETF | 12.07% | 2.24B | Mar 2001 | EBNK.TO vs XFN.TO | |
| Global X Enhanced Equal Weight Canadian Banks Cove... | 12.59% | 187.53M | Jul 2023 | EBNK.TO vs BKCL.TO |
Lowest Drawdown Alternatives to EBNK.TO
EBNK.TO has a 1-year max drawdown of -14.87%. There are 15 ETFs in the Financials Equities category with shallower 1-year drawdowns, going as shallow as -7.13%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Equal Weight Banc & Lifeco ETF | -7.13% | 381.54M | Feb 2008 | EBNK.TO vs CEW.TO | |
| iShares S&P/TSX Capped Financials Index ETF | -7.80% | 2.24B | Mar 2001 | EBNK.TO vs XFN.TO | |
| BMO Covered Call Canadian Banks ETF | -7.82% | 4.34B | Jan 2024 | EBNK.TO vs ZWB.TO | |
| Global X S&P/TSX Capped Financials Index Corporate... | -7.94% | 121.72M | Sep 2013 | EBNK.TO vs HXF.TO | |
| CI Canadian Banks Covered Call Income Class ETF | -8.23% | 423.04M | Aug 2010 | EBNK.TO vs CIC.TO |
Other ETFs from Evolve
The 10 most viewed Evolve ETFs shown here include BANK.TO, UTES.TO, QQQT.TO and span 7 categories. AUM among these funds goes as high as $1B.
Often Compared With EBNK.TO
Investors most often compare EBNK.TO with FCIM.NEO, CLML.TO, TTP.TO. These 20 comparison targets span 13 categories, based on PortfoliosLab usage data.
Compare EBNK.TO with Any Fund or Stock
Compare EBNK.TO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair EBNK.TO with funds that move differently
Evolve European Banks Enhanced Yield ETF Hedged CAD alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to EBNK.TO.
Explore EBNK.TO Diversifiers