ESG.TO Alternatives & Similar ETFs

Invesco S&P 500 ESG Index ETF (ESG.TO) belongs to the S&P 500 category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with ESG.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to ESG.TO

ESG.TO charges 0.20% annually. There are 11 ETFs in the S&P 500 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%	250.98M	Jul 2023	ESG.TO vs USCL.TO
XSP.TO	iShares Core S&P 500 Index ETF (CAD-Hedged)	0.09%	15.52B	May 2001	ESG.TO vs XSP.TO
XUS.TO	iShares Core S&P 500 Index ETF	0.09%	12.94B	Apr 2013	ESG.TO vs XUS.TO
VFV.TO	Vanguard S&P 500 Index ETF	0.09%	32.85B	Nov 2012	ESG.TO vs VFV.TO
ZSP.TO	BMO S&P 500 Index ETF	0.09%	24.23B	Nov 2012	ESG.TO vs ZSP.TO

Best Risk-Adjusted Alternatives to ESG.TO

ESG.TO has a PortfoliosLab risk / return rank of 74. There are 5 ETFs in the S&P 500 category with higher risk-adjusted ranks, going as high as 89.

Symbol	Name	Risk / Return Rank	AUM	Inception
USSL.TO	Global X Enhanced S&P 500 Index ETF	89	11.18M	May 2024	ESG.TO vs USSL.TO
EQLI.TO	Invesco S&P 500 Equal Weight Income Advantage ETF	81	155.19M	Nov 2025	ESG.TO vs EQLI.TO
USCC.TO	Global X S&P 500 Covered Call ETF	80	561.57M	Sep 2011	ESG.TO vs USCC.TO
XUSC.TO	iShares S&P 500 3% Capped Index ETF (CAD Units)	79	—	Jul 2024	ESG.TO vs XUSC.TO
USCL.TO	Global X Enhanced S&P 500 Covered Call ETF	76	250.98M	Jul 2023	ESG.TO vs USCL.TO

Top Performing ESG.TO Alternatives (YTD)

ESG.TO is at 12.07% YTD. There are 5 ETFs in the S&P 500 category with higher YTD returns, going as high as 13.93%.

Symbol	Name	YTD Return	AUM	Inception
USSL.TO	Global X Enhanced S&P 500 Index ETF	13.93%	11.18M	May 2024	ESG.TO vs USSL.TO
EQL.TO	Invesco S&P 500 Equal Weight Index ETF CAD	13.53%	1.66B	May 2018	ESG.TO vs EQL.TO
XUSC.TO	iShares S&P 500 3% Capped Index ETF (CAD Units)	13.37%	—	Jul 2024	ESG.TO vs XUSC.TO
USCL.TO	Global X Enhanced S&P 500 Covered Call ETF	12.30%	250.98M	Jul 2023	ESG.TO vs USCL.TO
EQLI.TO	Invesco S&P 500 Equal Weight Income Advantage ETF	12.23%	155.19M	Nov 2025	ESG.TO vs EQLI.TO

Lowest Volatility Alternatives to ESG.TO

ESG.TO has 12.67% 1-year volatility. There are 12 ETFs in the S&P 500 category with lower 1-year volatility, going as low as 9.13%.

Symbol	Name	Volatility 1Y	AUM	Inception
EQLI.TO	Invesco S&P 500 Equal Weight Income Advantage ETF	9.13%	155.19M	Nov 2025	ESG.TO vs EQLI.TO
USCC.TO	Global X S&P 500 Covered Call ETF	9.87%	561.57M	Sep 2011	ESG.TO vs USCC.TO
XUSC.TO	iShares S&P 500 3% Capped Index ETF (CAD Units)	11.91%	—	Jul 2024	ESG.TO vs XUSC.TO
VFV.TO	Vanguard S&P 500 Index ETF	11.97%	32.85B	Nov 2012	ESG.TO vs VFV.TO
EQL.TO	Invesco S&P 500 Equal Weight Index ETF CAD	12.05%	1.66B	May 2018	ESG.TO vs EQL.TO

Lowest Drawdown Alternatives to ESG.TO

ESG.TO has a 1-year max drawdown of -9.68%. There are 14 ETFs in the S&P 500 category with shallower 1-year drawdowns, going as shallow as -5.47%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
EQLI.TO	Invesco S&P 500 Equal Weight Income Advantage ETF	-5.47%	155.19M	Nov 2025	ESG.TO vs EQLI.TO
USCC.TO	Global X S&P 500 Covered Call ETF	-6.71%	561.57M	Sep 2011	ESG.TO vs USCC.TO
EQL.TO	Invesco S&P 500 Equal Weight Index ETF CAD	-6.73%	1.66B	May 2018	ESG.TO vs EQL.TO
XUSC.TO	iShares S&P 500 3% Capped Index ETF (CAD Units)	-7.60%	—	Jul 2024	ESG.TO vs XUSC.TO
USCL.TO	Global X Enhanced S&P 500 Covered Call ETF	-8.56%	250.98M	Jul 2023	ESG.TO vs USCL.TO

Other ETFs from Invesco

The 10 most viewed Invesco ETFs shown here include QQC.TO, QQC-F.TO, INAI.TO and span 6 categories. AUM among these funds goes as high as $2B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
QQC.TO	Invesco NASDAQ 100 Index ETF CAD Hedged	Nasdaq-100	69	20.44%	1.96B	May 2021	ESG.TO vs QQC.TO
QQC-F.TO	Invesco NASDAQ 100 Index ETF CAD Hedged	Nasdaq-100	54	15.03%	1.54B	May 2021	ESG.TO vs QQC-F.TO
INAI.TO	Invesco Morningstar Global Next Gen AI Index ETF	Technology Equities	50	31.36%	—	Jan 2024	ESG.TO vs INAI.TO
QQCI.TO	Invesco NASDAQ 100 Income Advantage ETF	Nasdaq-100	82	16.10%	59.49M	Nov 2025	ESG.TO vs QQCI.TO
QQCE.TO	Invesco ESG NASDAQ 100 Index ETF	Nasdaq-100	71	21.09%	—	Nov 2021	ESG.TO vs QQCE.TO
TLV.TO	Invesco S&P/TSX Composite Low Volatility Index ETF	Canada Equities	96	15.08%	99.35M	Apr 2012	ESG.TO vs TLV.TO
ESGC.TO	Invesco S&P/TSX Composite ESG Index ETF	Canada Equities, ESG	85	13.35%	—	Oct 2020	ESG.TO vs ESGC.TO
PXS.TO	Invesco RAFI U.S. Index ETF II CAD	Large Cap Value Equities	95	18.28%	51.96M	Apr 2015	ESG.TO vs PXS.TO
PXC.TO	Invesco RAFI Canadian Index ETF	Canada Equities	96	17.87%	245.79M	Jan 2012	ESG.TO vs PXC.TO
PZW.TO	Invesco FTSE RAFI Global Small-Mid ETF	Global Equities	85	16.48%	25.73M	Jan 2018	ESG.TO vs PZW.TO

Often Compared With ESG.TO

Investors most often compare ESG.TO with ZSP-U.TO, GEQT.TO, VSP.TO. These 11 comparison targets span 6 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ZSP-U.TO	BMO S&P 500 Index ETF (USD)	S&P 500	61	8.19%	—	Nov 2012	ESG.TO vs ZSP-U.TO
GEQT.TO	iShares ESG Equity ETF Portfolio	Global Equities	67	15.73%	278.44M	Sep 2020	ESG.TO vs GEQT.TO
VSP.TO	Vanguard S&P 500 Index ETF (CAD-hedged)	S&P 500	49	6.85%	6.15B	Nov 2012	ESG.TO vs VSP.TO
XUS-U.TO	iShares Core S&P 500 Index ETF	S&P 500	60	7.54%	—	Oct 2019	ESG.TO vs XUS-U.TO
ZUE.TO	BMO S&P 500 (CAD Hedged)	S&P 500	52	6.74%	4.65B	May 2009	ESG.TO vs ZUE.TO
XUSR.TO	iShares ESG Advanced MSCI USA Index ETF	Large Cap Growth Equities	57	21.47%	531.77M	Apr 2020	ESG.TO vs XUSR.TO
ESGV	Vanguard ESG U.S. Stock ETF	Large Cap Blend Equities, ESG	48	7.75%	13.30B	Sep 2018	ESG.TO vs ESGV
HXS.TO	Global X S&P 500 Index Corporate Class ETF	S&P 500	69	11.68%	7.12B	Nov 2010	ESG.TO vs HXS.TO
XQQ.TO	iShares NASDAQ 100 Index ETF (CAD-Hedged)	Nasdaq-100	44	14.79%	5.60B	May 2011	ESG.TO vs XQQ.TO
USXF	iShares ESG Advanced MSCI USA ETF	Large Cap Growth Equities	58	17.66%	1.46B	Jun 2020	ESG.TO vs USXF
V	Visa Inc.		33	-5.95%	—	—	ESG.TO vs V

Compare ESG.TO with Any Fund or Stock

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

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Diversifiers

Pair ESG.TO with funds that move differently

Invesco S&P 500 ESG Index ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ESG.TO.

Explore ESG.TO Diversifiers

Invesco S&P 500 ESG Index ETF (ESG.TO) Alternatives