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 0.09%.

Symbol	Name	Expense Ratio	AUM	Inception
ZUE.TO	BMO S&P 500 (CAD Hedged)	0.09%	4.77B	May 2009	ESG.TO vs ZUE.TO
ZSP-U.TO	BMO S&P 500 Index ETF (USD)	0.09%	—	Nov 2012	ESG.TO vs ZSP-U.TO
ZSP.TO	BMO S&P 500 Index ETF	0.09%	24.00B	Nov 2012	ESG.TO vs ZSP.TO
VSP.TO	Vanguard S&P 500 Index ETF (CAD-hedged)	0.09%	6.11B	Nov 2012	ESG.TO vs VSP.TO
XUS-U.TO	iShares Core S&P 500 Index ETF	0.09%	—	Oct 2019	ESG.TO vs XUS-U.TO

Best Risk-Adjusted Alternatives to ESG.TO

ESG.TO has a PortfoliosLab risk / return rank of 67. There are 11 ETFs in the S&P 500 category with higher risk-adjusted ranks, going as high as 86.

Symbol	Name	Risk / Return Rank	AUM	Inception
EQLI.TO	Invesco S&P 500 Equal Weight Income Advantage ETF	86	169.56M	Nov 2025	ESG.TO vs EQLI.TO
USSL.TO	Global X Enhanced S&P 500 Index ETF	81	10.93M	May 2024	ESG.TO vs USSL.TO
USCC.TO	Global X S&P 500 Covered Call ETF	77	558.31M	Sep 2011	ESG.TO vs USCC.TO
USCL.TO	Global X Enhanced S&P 500 Covered Call ETF	77	244.05M	Jul 2023	ESG.TO vs USCL.TO
EQL.TO	Invesco S&P 500 Equal Weight Index ETF CAD	73	3.02B	May 2018	ESG.TO vs EQL.TO

Top Performing ESG.TO Alternatives (YTD)

ESG.TO is at 12.03% YTD. There are 9 ETFs in the S&P 500 category with higher YTD returns, going as high as 15.50%.

Symbol	Name	YTD Return	AUM	Inception
EQL.TO	Invesco S&P 500 Equal Weight Index ETF CAD	15.50%	3.02B	May 2018	ESG.TO vs EQL.TO
USSL.TO	Global X Enhanced S&P 500 Index ETF	14.40%	10.93M	May 2024	ESG.TO vs USSL.TO
EQLI.TO	Invesco S&P 500 Equal Weight Income Advantage ETF	14.06%	169.56M	Nov 2025	ESG.TO vs EQLI.TO
USCL.TO	Global X Enhanced S&P 500 Covered Call ETF	13.52%	244.05M	Jul 2023	ESG.TO vs USCL.TO
XUSC.TO	iShares S&P 500 3% Capped Index ETF (CAD Units)	12.83%	—	Jul 2024	ESG.TO vs XUSC.TO

Lowest Volatility Alternatives to ESG.TO

ESG.TO has 13.11% 1-year volatility. There are 15 ETFs in the S&P 500 category with lower 1-year volatility, going as low as 9.33%.

Symbol	Name	Volatility 1Y	AUM	Inception
EQLI.TO	Invesco S&P 500 Equal Weight Income Advantage ETF	9.33%	169.56M	Nov 2025	ESG.TO vs EQLI.TO
USCC-U.TO	Global X S&P 500 Covered Call ETF	10.33%	398.67M	Sep 2011	ESG.TO vs USCC-U.TO
USCC.TO	Global X S&P 500 Covered Call ETF	10.37%	558.31M	Sep 2011	ESG.TO vs USCC.TO
EQL.TO	Invesco S&P 500 Equal Weight Index ETF CAD	12.27%	3.02B	May 2018	ESG.TO vs EQL.TO
XUSC.TO	iShares S&P 500 3% Capped Index ETF (CAD Units)	12.34%	—	Jul 2024	ESG.TO vs XUSC.TO

Lowest Drawdown Alternatives to ESG.TO

ESG.TO has a 1-year max drawdown of -9.68%. There are 16 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%	169.56M	Nov 2025	ESG.TO vs EQLI.TO
USCC.TO	Global X S&P 500 Covered Call ETF	-6.71%	558.31M	Sep 2011	ESG.TO vs USCC.TO
EQL.TO	Invesco S&P 500 Equal Weight Index ETF CAD	-6.73%	3.02B	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
USCC-U.TO	Global X S&P 500 Covered Call ETF	-7.72%	398.67M	Sep 2011	ESG.TO vs USCC-U.TO

Other ETFs from Invesco

The 10 most viewed Invesco ETFs shown here include QQC.TO, QQC-F.TO, INAI.TO and span 10 categories. AUM among these funds goes as high as $4B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
QQC.TO	Invesco NASDAQ 100 Index ETF CAD Hedged	Nasdaq-100	50	14.53%	3.73B	May 2021	ESG.TO vs QQC.TO
QQC-F.TO	Invesco NASDAQ 100 Index ETF CAD Hedged	Nasdaq-100	41	10.64%	3.73B	May 2021	ESG.TO vs QQC-F.TO
INAI.TO	Invesco Morningstar Global Next Gen AI Index ETF	Technology Equities	38	26.98%	—	Jan 2024	ESG.TO vs INAI.TO
QQCE.TO	Invesco ESG NASDAQ 100 Index ETF	Nasdaq-100	53	16.00%	—	Nov 2021	ESG.TO vs QQCE.TO
PDC.TO	Invesco Canadian Dividend Index ETF	Dividend, Canada Equities	98	25.42%	1.05B	Apr 2011	ESG.TO vs PDC.TO
TLV.TO	Invesco S&P/TSX Composite Low Volatility Index ETF	Canada Equities, Low Volatility	97	18.14%	103.58M	Apr 2012	ESG.TO vs TLV.TO
ESGC.TO	Invesco S&P/TSX Composite ESG Index ETF	Canada Equities, ESG	91	14.48%	—	Oct 2020	ESG.TO vs ESGC.TO
PFL.TO	Invesco Canadian Government Floating Rate Index ET...	Canadian Government Bonds	98	1.41%	258.84M	Jul 2014	ESG.TO vs PFL.TO
PXS.TO	Invesco RAFI U.S. Index ETF II CAD	Large Cap Value Equities	95	19.51%	58.11M	Apr 2015	ESG.TO vs PXS.TO
PSB.TO	Invesco 1-5 Year Laddered Investment Grade Corpora...	Corporate Bonds, Investment Grade Bonds	49	1.20%	521.94M	Jun 2011	ESG.TO vs PSB.TO

Often Compared With ESG.TO

Investors most often compare ESG.TO with GEQT.TO, QQCI.TO, XSP.TO. These 15 comparison targets span 13 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
GEQT.TO	iShares ESG Equity ETF Portfolio	Global Equities	64	14.56%	284.77M	Sep 2020	ESG.TO vs GEQT.TO
QQCI.TO	Invesco NASDAQ 100 Income Advantage ETF	Nasdaq-100, Derivative Income, Options Trading, Actively Managed	66	11.99%	63.79M	Aug 2024	ESG.TO vs QQCI.TO
XSP.TO	iShares Core S&P 500 Index ETF (CAD-Hedged)	S&P 500	53	8.43%	15.62B	May 2001	ESG.TO vs XSP.TO
XUS.TO	iShares Core S&P 500 Index ETF	S&P 500	69	12.30%	12.96B	Apr 2013	ESG.TO vs XUS.TO
ICAE.TO	Invesco S&P/TSX Canadian Dividend Aristocrats ESG ...	Dividend	36	18.55%	10.89M	Feb 2023	ESG.TO vs ICAE.TO
VFV.TO	Vanguard S&P 500 Index ETF	S&P 500	70	12.34%	34.09B	Nov 2012	ESG.TO vs VFV.TO
PZW.TO	Invesco FTSE RAFI Global Small-Mid ETF	Foreign Small & Mid Cap Equities	80	14.55%	34.80M	May 2015	ESG.TO vs PZW.TO
PXC.TO	Invesco RAFI Canadian Index ETF	Canada Equities	97	22.41%	250.75M	Jan 2012	ESG.TO vs PXC.TO
XUSR.TO	iShares ESG Advanced MSCI USA Index ETF	Large Cap Growth Equities	40	17.48%	517.82M	Apr 2020	ESG.TO vs XUSR.TO
ESGV	Vanguard ESG U.S. Stock ETF	Large Cap Blend Equities, ESG	64	11.35%	13.20B	Sep 2018	ESG.TO vs ESGV
V	Visa Inc.		55	4.70%	—	—	ESG.TO vs V
HXS.TO	Global X S&P 500 Index Corporate Class ETF	S&P 500	67	12.29%	7.40B	Nov 2010	ESG.TO vs HXS.TO
XQQ.TO	iShares NASDAQ 100 Index ETF (CAD-Hedged)	Nasdaq-100	34	10.55%	5.26B	May 2011	ESG.TO vs XQQ.TO
USXF	iShares ESG Advanced MSCI USA ETF	Large Cap Growth Equities	56	16.89%	1.43B	Jun 2020	ESG.TO vs USXF
DRCU.TO	Desjardins RI Active Canadian Bond - Net-Zero Emis...	ESG, Total Bond Market	30	0.16%	46.16M	Sep 2018	ESG.TO vs DRCU.TO

Compare ESG.TO with Any Fund or Stock

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

Symbol name

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