Global X Enhanced All-Equity Asset Allocation Covered Call ETF CAD (EQCL.TO) Alternatives

Global X Enhanced All-Equity Asset Allocation Covered Call ETF CAD (EQCL.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 EQCL.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.

Cheapest Alternatives to EQCL.TO

EQCL.TO charges 2.20% annually. Among ETFs in the Derivative Income category, these options have the lowest expense ratios among EQCL.TO alternatives.

Symbol	Name	Expense Ratio	Inception
USCL.TO	Global X Enhanced S&P 500 Covered Call ETF	0.04%	Jul 5, 2023	EQCL.TO vs USCL.TO
EQLI.TO	Invesco S&P 500 Equal Weight Income Advantage ETF	0.29%	Nov 6, 2025	EQCL.TO vs EQLI.TO
ECHI.TO	Ninepoint Enhanced Canadian HighShares ETF	0.29%	Aug 22, 2025	EQCL.TO vs ECHI.TO
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	0.35%	Sep 12, 2024	EQCL.TO vs HBIL.TO
JEPI.TO	JPMorgan US Equity Premium Income Active ETF	0.35%	Sep 27, 2024	EQCL.TO vs JEPI.TO

Best Risk-Adjusted Alternatives to EQCL.TO

Among ETFs in the Derivative Income category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.

Symbol	Name	Risk / Return Rank	Inception
HLIF.TO	Harvest Canadian Equity Income Leaders ETF Class A	97	Jun 8, 2022	EQCL.TO vs HLIF.TO
BKCC.TO	Global X Equal Weight Canadian Bank Covered Call E...	97	May 16, 2011	EQCL.TO vs BKCC.TO
BKCL.TO	Global X Enhanced Equal Weight Canadian Banks Cove...	96	Jul 5, 2023	EQCL.TO vs BKCL.TO
ZWC.TO	BMO CA High Dividend Covered Call ETF	96	Feb 3, 2017	EQCL.TO vs ZWC.TO
BANK.TO	Evolve Canadian Banks and Lifecos Enhanced Yield I...	96	Feb 1, 2022	EQCL.TO vs BANK.TO

Top Performing EQCL.TO Alternatives (YTD)

EQCL.TO alternatives from the Derivative Income category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
EMAX.TO	Hamilton Energy YIELD MAXIMIZER ETF	31.32%	Feb 6, 2024	EQCL.TO vs EMAX.TO
ENCL.TO	Global X Enhanced Canadian Oil and Gas Equity Cove...	30.98%	Oct 10, 2023	EQCL.TO vs ENCL.TO
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	21.92%	Apr 11, 2011	EQCL.TO vs ENCC.TO
HUTE.TO	Harvest Equal Weight Global Utilities Enhanced Inc...	12.55%	Oct 25, 2022	EQCL.TO vs HUTE.TO
ZWU.TO	BMO Covered Call Utilities ETF	11.68%	Oct 20, 2011	EQCL.TO vs ZWU.TO

Lowest Volatility Alternatives to EQCL.TO

EQCL.TO alternatives from the Derivative Income category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	1.86%	Sep 12, 2024	EQCL.TO vs HBIL.TO
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	7.81%	Jun 14, 2023	EQCL.TO vs UMAX.TO
ZWU.TO	BMO Covered Call Utilities ETF	9.12%	Oct 20, 2011	EQCL.TO vs ZWU.TO
HLIF.TO	Harvest Canadian Equity Income Leaders ETF Class A	9.54%	Jun 8, 2022	EQCL.TO vs HLIF.TO
HPYT.TO	Harvest Premium Yield Treasury ETF A	9.62%	May 30, 2024	EQCL.TO vs HPYT.TO

Lowest Drawdown Alternatives to EQCL.TO

EQCL.TO alternatives from the Derivative Income category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	-1.30%	Sep 12, 2024	EQCL.TO vs HBIL.TO
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	-6.23%	Jun 14, 2023	EQCL.TO vs UMAX.TO
ZWU.TO	BMO Covered Call Utilities ETF	-6.71%	Oct 20, 2011	EQCL.TO vs ZWU.TO
BKCC.TO	Global X Equal Weight Canadian Bank Covered Call E...	-7.71%	May 16, 2011	EQCL.TO vs BKCC.TO
HPYT.TO	Harvest Premium Yield Treasury ETF A	-7.76%	May 30, 2024	EQCL.TO vs HPYT.TO

Other ETFs from Global X

Most popular Global X ETFs on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
CASH.TO	Global X High Interest Savings ETF	Money Market	99	0.35%	Nov 1, 2021	EQCL.TO vs CASH.TO
CBIL.TO	Global X 0-3 Month T-Bill ETF	Canadian Government Bonds	99	0.30%	Apr 12, 2023	EQCL.TO vs CBIL.TO
QQCL.TO	Global X Enhanced NASDAQ-100 Covered Call ETF	Derivative Income	48	-4.67%	Oct 10, 2023	EQCL.TO vs QQCL.TO
HXS.TO	Global X S&P 500 Index Corporate Class ETF	S&P 500	45	-3.28%	Nov 30, 2010	EQCL.TO vs HXS.TO
HXT.TO	Global X S&P/TSX 60 Corporate Class ETF	Canada Equities	93	2.91%	Sep 14, 2010	EQCL.TO vs HXT.TO
HSAV.TO	Global X Cash Maximizer Corporate Class ETF	Bank Loan	96	1.13%	Feb 5, 2020	EQCL.TO vs HSAV.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	Financials Equities	98	1.67%	Jul 5, 2023	EQCL.TO vs HBNK.TO
CHPS.TO	Global X Artificial Intelligence Semiconductor Ind...	Semiconductors, Technology Equities	93	6.25%	Jun 21, 2021	EQCL.TO vs CHPS.TO
QQCC.TO	Global X NASDAQ-100 Covered Call ETF	Derivative Income	48	-3.61%	Sep 13, 2011	EQCL.TO vs QQCC.TO
GLCC.TO	Global X Gold Producer Equity Covered Call ETF	Derivative Income, Gold	90	5.98%	Apr 11, 2011	EQCL.TO vs GLCC.TO

Often Compared With EQCL.TO

What investors most often compare with EQCL.TO, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
XEQT.TO	iShares Core Equity ETF Portfolio	Global Equities	75	0.66%	Aug 7, 2019	EQCL.TO vs XEQT.TO
HYLD.TO	Hamilton Enhanced U.S. Covered Call ETF	Derivative Income	57	-8.12%	Feb 4, 2022	EQCL.TO vs HYLD.TO
HEQL.TO	Global X Enhanced All-Equity Asset Allocation ETF ...	Leveraged Equities	59	0.05%	Oct 10, 2023	EQCL.TO vs HEQL.TO
HEQT.TO	Horizons All-Equity Asset Allocation ETF	Global Equities	73	0.13%	Sep 13, 2019	EQCL.TO vs HEQT.TO
VFV.TO	Vanguard S&P 500 Index ETF	S&P 500	48	-3.12%	Nov 2, 2012	EQCL.TO vs VFV.TO
VEQT.TO	Vanguard All-Equity ETF Portfolio	Global Equities, Actively Managed	79	0.63%	Jan 29, 2019	EQCL.TO vs VEQT.TO
HDIV.TO	Hamilton Enhanced Multi-Sector Covered Call ETF	Derivative Income	92	3.20%	Jul 19, 2021	EQCL.TO vs HDIV.TO
EMCL.NEO	Global X Enhanced MSCI Emerging Markets Covered Ca...	Derivative Income	17	-2.51%	May 28, 2024	EQCL.TO vs EMCL.NEO
HTAE.TO	Harvest Tech Achievers Enhanced Income ETF - Class...	Technology Equities	31	-12.04%	Oct 20, 2022	EQCL.TO vs HTAE.TO
ZDM.TO	BMO MSCI EAFE Hedged to CAD Index ETF	International Equity	62	2.47%	Oct 20, 2009	EQCL.TO vs ZDM.TO
FAP.TO	abrdn Asia-Pacific Income Fund VCC		28	-5.53%	—	EQCL.TO vs FAP.TO
EQCC.TO	Global X All-Equity Asset Allocation Covered Call ...	Derivative Income	45	-0.75%	May 28, 2024	EQCL.TO vs EQCC.TO
BMAX.TO	Brompton Enhanced Multi-Asset Income ETF	Diversified Portfolio	51	-2.51%	—	EQCL.TO vs BMAX.TO
ZGRO.TO	BMO Growth ETF	Large Cap Growth Equities	72	0.36%	Feb 11, 2019	EQCL.TO vs ZGRO.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	75	0.41%	Jan 24, 2022	EQCL.TO vs ZEQT.TO
CYH.TO	iShares Global Monthly Dividend Index ETF (CAD-Hed...	Global Equities	79	8.39%	Jan 15, 2008	EQCL.TO vs CYH.TO
QMAX.TO	Hamilton Technology YIELD MAXIMIZER ETF	Technology Equities, Derivative Income	27	-15.25%	Oct 25, 2023	EQCL.TO vs QMAX.TO
VIDY.TO	Vanguard FTSE Developed ex North America High Divi...	Foreign Large Cap Equities, Dividend	87	6.94%	Aug 21, 2018	EQCL.TO vs VIDY.TO
CDAY.NEO	Hamilton Enhanced Canadian Equity DayMAX ETF	Derivative Income, Canada Equities	—	3.53%	Jul 14, 2025	EQCL.TO vs CDAY.NEO
GDV.TO	Global Dividend Growth Split Corp.		82	-3.10%	—	EQCL.TO vs GDV.TO

Compare EQCL.TO with Any Fund or Stock

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

Symbol name

Global X Enhanced All-Equity Asset Allocation Covered Call ETF CAD

Symbol name