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First Trust Global Risk Managed Income Index ETF (ETP.TO) Alternatives

ETF · Currency in CAD · Last updated Jul 16, 2026

First Trust Global Risk Managed Income Index ETF seeks to track the Nasdaq Global Risk Managed Income Index.

First Trust Global Risk Managed Income Index ETF (ETP.TO) belongs to the Global Equity Income category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with ETP.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Best Risk-Adjusted Alternatives to ETP.TO

ETP.TO has a PortfoliosLab risk / return rank of 92. There is 1 ETF in the Global Equity Income category with a higher risk-adjusted rank, going as high as 92.

SymbolNameRisk / Return RankAUMInception
TQGD.TO
TD Q Global Dividend ETF
92
858.35MNov 2019ETP.TO vs TQGD.TO
ZDH.TO
BMO International Dividend Hedged to CAD ETF
88
233.94MSep 2015ETP.TO vs ZDH.TO
HAZ.TO
Global X Active Global Dividend ETF
83
481.59MJul 2010ETP.TO vs HAZ.TO
BDIV.TO
Brompton Global Dividend Growth ETF
63
—Oct 2018ETP.TO vs BDIV.TO
TGED.TO
TD Active Global Enhanced Dividend ETF
53
1.85BMar 2022ETP.TO vs TGED.TO

Top Performing ETP.TO Alternatives (YTD)

ETP.TO is at 5.10% YTD. There are 6 ETFs in the Global Equity Income category with higher YTD returns, going as high as 19.78%.

SymbolNameYTD ReturnAUMInception
DXG.TO
Dynamic Active Global Dividend ETF
19.78%
—Sep 2024ETP.TO vs DXG.TO
TGED.TO
TD Active Global Enhanced Dividend ETF
18.98%
1.85BMar 2022ETP.TO vs TGED.TO
TQGD.TO
TD Q Global Dividend ETF
16.32%
858.35MNov 2019ETP.TO vs TQGD.TO
HAZ.TO
Global X Active Global Dividend ETF
14.12%
481.59MJul 2010ETP.TO vs HAZ.TO
ZDH.TO
BMO International Dividend Hedged to CAD ETF
13.60%
233.94MSep 2015ETP.TO vs ZDH.TO

Lowest Volatility Alternatives to ETP.TO

ETP.TO has 3.78% 1-year volatility. No ETFs in the Global Equity Income category have lower 1-year volatility; the lowest-volatility alternatives shown here go as low as 10.29%.

SymbolNameVolatility 1YAUMInception
HAZ.TO
Global X Active Global Dividend ETF10.29%481.59MJul 2010ETP.TO vs HAZ.TO
TQGD.TO
TD Q Global Dividend ETF10.65%858.35MNov 2019ETP.TO vs TQGD.TO
ZDH.TO
BMO International Dividend Hedged to CAD ETF11.75%233.94MSep 2015ETP.TO vs ZDH.TO
BDIV.TO
Brompton Global Dividend Growth ETF11.89%—Oct 2018ETP.TO vs BDIV.TO
TGED.TO
TD Active Global Enhanced Dividend ETF18.97%1.85BMar 2022ETP.TO vs TGED.TO

Lowest Drawdown Alternatives to ETP.TO

ETP.TO has a 1-year max drawdown of -2.81%. No ETFs in the Global Equity Income category have shallower 1-year drawdowns; the lowest-drawdown alternatives shown here go as shallow as -5.48%.

SymbolNameMax Drawdown 1YAUMInception
HAZ.TO
Global X Active Global Dividend ETF
-5.48%
481.59MJul 2010ETP.TO vs HAZ.TO
TQGD.TO
TD Q Global Dividend ETF
-6.05%
858.35MNov 2019ETP.TO vs TQGD.TO
ZDH.TO
BMO International Dividend Hedged to CAD ETF
-8.92%
233.94MSep 2015ETP.TO vs ZDH.TO
BDIV.TO
Brompton Global Dividend Growth ETF
-9.11%
—Oct 2018ETP.TO vs BDIV.TO
TGED.TO
TD Active Global Enhanced Dividend ETF
-10.76%
1.85BMar 2022ETP.TO vs TGED.TO

Other ETFs from First Trust

The 7 most viewed First Trust ETFs shown here include FST.TO, BLCK.TO, FDN.TO and span 6 categories. AUM among these funds goes as high as $227M.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
FST.TO
First Trust Canadian Capital Strength ETFCanada Equities
84
9.32%
227.10MNov 2001ETP.TO vs FST.TO
BLCK.TO
First Trust Indxx Innovative Transaction and Proce...Blockchain
68
11.05%
2.08MMar 2018ETP.TO vs BLCK.TO
FDN.TO
First Trust Dow Jones Internet ETFTechnology Equities
14
4.51%
—Dec 2017ETP.TO vs FDN.TO
FHH.TO
First Trust AlphaDEX U.S. Health Care Sector Index...Health & Biotech Equities
45
9.08%
—Dec 2017ETP.TO vs FHH.TO
FHQ.TO
First Trust AlphaDEX U.S. Technology Sector Index ...Technology Equities
50
24.19%
—Dec 2017ETP.TO vs FHQ.TO
FHG.TO
First Trust AlphaDEX U.S. Industrials Sector Index...Industrials Equities
35
13.37%
—Dec 2017ETP.TO vs FHG.TO
FINT.TO
First Trust International Capital Strength ETFInternational Equity
55
12.84%
—May 2018ETP.TO vs FINT.TO

Compare ETP.TO with Any Fund or Stock

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

 

Diversifiers

Pair ETP.TO with funds that move differently

First Trust Global Risk Managed Income Index ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ETP.TO.

Explore ETP.TO Diversifiers