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 10 ETFs in the S&P 500 category with lower expense ratios, going as low as 0.09%.

Symbol	Name	Expense Ratio	AUM	Inception
ZSP-U.TO	BMO S&P 500 Index ETF (USD)	0.09%	—	Nov 2012	ESG.TO vs ZSP-U.TO
ZUE.TO	BMO S&P 500 (CAD Hedged)	0.09%	4.83B	May 2009	ESG.TO vs ZUE.TO
XUS-U.TO	iShares Core S&P 500 Index ETF	0.09%	—	Oct 2019	ESG.TO vs XUS-U.TO
XUS.TO	iShares Core S&P 500 Index ETF	0.09%	13.11B	Apr 2013	ESG.TO vs XUS.TO
XSP.TO	iShares Core S&P 500 Index ETF (CAD-Hedged)	0.09%	15.74B	May 2001	ESG.TO vs XSP.TO

Best Risk-Adjusted Alternatives to ESG.TO

ESG.TO has a PortfoliosLab risk / return rank of 73. There are 9 ETFs in the S&P 500 category with higher risk-adjusted ranks, going as high as 90.

Symbol	Name	Risk / Return Rank	AUM	Inception
USSL.TO	Global X Enhanced S&P 500 Index ETF	90	11.27M	May 2024	ESG.TO vs USSL.TO
EQLI.TO	Invesco S&P 500 Equal Weight Income Advantage ETF	88	169.56M	Nov 2025	ESG.TO vs EQLI.TO
USCC.TO	Global X S&P 500 Covered Call ETF	86	563.51M	Sep 2011	ESG.TO vs USCC.TO
USCL.TO	Global X Enhanced S&P 500 Covered Call ETF	85	250.73M	Jul 2023	ESG.TO vs USCL.TO
XUSC.TO	iShares S&P 500 3% Capped Index ETF (CAD Units)	81	—	Jul 2024	ESG.TO vs XUSC.TO

Top Performing ESG.TO Alternatives (YTD)

ESG.TO is at 12.61% YTD. There are 9 ETFs in the S&P 500 category with higher YTD returns, going as high as 16.11%.

Symbol	Name	YTD Return	AUM	Inception
USSL.TO	Global X Enhanced S&P 500 Index ETF	16.11%	11.27M	May 2024	ESG.TO vs USSL.TO
EQL.TO	Invesco S&P 500 Equal Weight Index ETF CAD	15.83%	3.02B	May 2018	ESG.TO vs EQL.TO
XUSC.TO	iShares S&P 500 3% Capped Index ETF (CAD Units)	14.74%	—	Jul 2024	ESG.TO vs XUSC.TO
USCL.TO	Global X Enhanced S&P 500 Covered Call ETF	14.62%	250.73M	Jul 2023	ESG.TO vs USCL.TO
EQLI.TO	Invesco S&P 500 Equal Weight Income Advantage ETF	14.20%	169.56M	Nov 2025	ESG.TO vs EQLI.TO

Lowest Volatility Alternatives to ESG.TO

ESG.TO has 12.78% 1-year volatility. There are 13 ETFs in the S&P 500 category with lower 1-year volatility, going as low as 9.18%.

Symbol	Name	Volatility 1Y	AUM	Inception
EQLI.TO	Invesco S&P 500 Equal Weight Income Advantage ETF	9.18%	169.56M	Nov 2025	ESG.TO vs EQLI.TO
USCC.TO	Global X S&P 500 Covered Call ETF	10.05%	563.51M	Sep 2011	ESG.TO vs USCC.TO
VFV.TO	Vanguard S&P 500 Index ETF	12.09%	34.09B	Nov 2012	ESG.TO vs VFV.TO
XUSC.TO	iShares S&P 500 3% Capped Index ETF (CAD Units)	12.10%	—	Jul 2024	ESG.TO vs XUSC.TO
EQL.TO	Invesco S&P 500 Equal Weight Index ETF CAD	12.12%	3.02B	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%	169.56M	Nov 2025	ESG.TO vs EQLI.TO
USCC.TO	Global X S&P 500 Covered Call ETF	-6.71%	563.51M	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
USCL.TO	Global X Enhanced S&P 500 Covered Call ETF	-8.56%	250.73M	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 7 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	68	19.71%	3.73B	May 2021	ESG.TO vs QQC.TO
QQC-F.TO	Invesco NASDAQ 100 Index ETF CAD Hedged	Nasdaq-100	51	14.50%	3.73B	May 2021	ESG.TO vs QQC-F.TO
INAI.TO	Invesco Morningstar Global Next Gen AI Index ETF	Technology Equities	48	29.80%	—	Jan 2024	ESG.TO vs INAI.TO
QQCI.TO	Invesco NASDAQ 100 Income Advantage ETF	Nasdaq-100	82	15.98%	63.79M	Nov 2025	ESG.TO vs QQCI.TO
QQCE.TO	Invesco ESG NASDAQ 100 Index ETF	Nasdaq-100	67	20.51%	—	Nov 2021	ESG.TO vs QQCE.TO
TLV.TO	Invesco S&P/TSX Composite Low Volatility Index ETF	Canada Equities	97	17.90%	103.58M	Apr 2012	ESG.TO vs TLV.TO
ESGC.TO	Invesco S&P/TSX Composite ESG Index ETF	Canada Equities, ESG	88	13.86%	—	Oct 2020	ESG.TO vs ESGC.TO
PZW.TO	Invesco FTSE RAFI Global Small-Mid ETF	Global Equities	82	17.64%	34.80M	Jan 2018	ESG.TO vs PZW.TO
PFL.TO	Invesco Canadian Government Floating Rate Index ET...	Canadian Government Bonds	97	1.26%	258.84M	Jul 2014	ESG.TO vs PFL.TO
PXS.TO	Invesco RAFI U.S. Index ETF II CAD	Large Cap Value Equities	95	19.86%	58.11M	Apr 2015	ESG.TO vs PXS.TO

Often Compared With ESG.TO

Investors most often compare ESG.TO with GEQT.TO, ZSP.TO, VSP.TO. These 12 comparison targets span 9 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	69	16.32%	284.21M	Sep 2020	ESG.TO vs GEQT.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	78	13.73%	24.35B	Nov 2012	ESG.TO vs ZSP.TO
VSP.TO	Vanguard S&P 500 Index ETF (CAD-hedged)	S&P 500	53	8.92%	6.11B	Nov 2012	ESG.TO vs VSP.TO
PXC.TO	Invesco RAFI Canadian Index ETF	Canada Equities	97	20.28%	250.75M	Jan 2012	ESG.TO vs PXC.TO
PSB.TO	Invesco 1-5 Year Laddered Investment Grade Corpora...	Corporate Bonds	49	1.32%	521.94M	Jun 2011	ESG.TO vs PSB.TO
ICAE.TO	Invesco S&P/TSX Canadian Dividend Aristocrats ESG ...	Dividend	32	17.91%	10.89M	Feb 2023	ESG.TO vs ICAE.TO
XUSR.TO	iShares ESG Advanced MSCI USA Index ETF	Large Cap Growth Equities	53	21.39%	529.74M	Apr 2020	ESG.TO vs XUSR.TO
V	Visa Inc.		49	2.43%	—	—	ESG.TO vs V
HXS.TO	Global X S&P 500 Index Corporate Class ETF	S&P 500	76	13.52%	7.49B	Nov 2010	ESG.TO vs HXS.TO
ESGV	Vanguard ESG U.S. Stock ETF	Large Cap Blend Equities, ESG	53	10.07%	13.30B	Sep 2018	ESG.TO vs ESGV
XQQ.TO	iShares NASDAQ 100 Index ETF (CAD-Hedged)	Nasdaq-100	42	14.50%	5.51B	May 2011	ESG.TO vs XQQ.TO
USXF	iShares ESG Advanced MSCI USA ETF	Large Cap Growth Equities	55	17.64%	1.46B	Jun 2020	ESG.TO vs USXF

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