GDXU.TO Alternatives & Similar ETFs

BetaPro Canadian Gold Miners 2x Daily Bull ETF (GDXU.TO) belongs to the Leveraged Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with GDXU.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to GDXU.TO

GDXU.TO charges 1.31% annually. There are 9 ETFs in the Leveraged Equities category with lower expense ratios, going as low as 0.40%.

Symbol	Name	Expense Ratio	AUM	Inception
ENBE.TO	Harvest Enbridge Enhanced High Income Shares ETF	0.40%	—	Aug 2025	GDXU.TO vs ENBE.TO
METE.TO	Harvest Meta Enhanced High Income Shares ETF - Cla...	0.40%	—	Jan 2025	GDXU.TO vs METE.TO
QQQL.TO	Global X Enhanced Nasdaq-100 Index ETF	0.49%	—	May 2024	GDXU.TO vs QQQL.TO
HPYE.TO	Harvest Premium Yield Enhanced ETF	0.65%	—	Jan 2026	GDXU.TO vs HPYE.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	0.65%	1.09B	Oct 2020	GDXU.TO vs HCAL.TO

Best Risk-Adjusted Alternatives to GDXU.TO

GDXU.TO has a PortfoliosLab risk / return rank of 36. There are 9 ETFs in the Leveraged Equities category with higher risk-adjusted ranks, going as high as 98.

Symbol	Name	Risk / Return Rank	AUM	Inception
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	98	1.09B	Oct 2020	GDXU.TO vs HCAL.TO
CFOU.TO	BetaPro S&P/TSX Capped Financials 2x Daily Bull ET...	97	88.65M	Jun 2007	GDXU.TO vs CFOU.TO
CNDU.TO	BetaPro S&P/TSX 60 2x Daily Bull ETF	92	87.38M	Jan 2007	GDXU.TO vs CNDU.TO
NRGU.TO	BetaPro S&P/TSX Capped Energy 2x Daily Bull ETF	89	49.86M	Jun 2007	GDXU.TO vs NRGU.TO
SOXU.TO	MegaLong (3X) US Semiconductors Daily Leveraged Al...	89	—	May 2025	GDXU.TO vs SOXU.TO

Top Performing GDXU.TO Alternatives (YTD)

GDXU.TO is at -36.40% YTD. There are 17 ETFs in the Leveraged Equities category with higher YTD returns, going as high as 162.51%.

Symbol	Name	YTD Return	AUM	Inception
SOXU.TO	MegaLong (3X) US Semiconductors Daily Leveraged Al...	162.51%	—	May 2025	GDXU.TO vs SOXU.TO
NRGU.TO	BetaPro S&P/TSX Capped Energy 2x Daily Bull ETF	99.60%	49.86M	Jun 2007	GDXU.TO vs NRGU.TO
CFOU.TO	BetaPro S&P/TSX Capped Financials 2x Daily Bull ET...	48.45%	88.65M	Jun 2007	GDXU.TO vs CFOU.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	41.03%	1.09B	Oct 2020	GDXU.TO vs HCAL.TO
TCND.TO	BetaPro 3x S&P/TSX 60 Daily Leveraged Bull Alterna...	32.94%	—	Aug 2025	GDXU.TO vs TCND.TO

Lowest Volatility Alternatives to GDXU.TO

GDXU.TO has 93.86% 1-year volatility. There are 19 ETFs in the Leveraged Equities category with lower 1-year volatility, going as low as 10.78%.

Symbol	Name	Volatility 1Y	AUM	Inception
UTES.TO	Evolve Canadian Utilities Enhanced Yield Index Fun...	10.78%	445.34M	Sep 2024	GDXU.TO vs UTES.TO
HPYE.TO	Harvest Premium Yield Enhanced ETF	12.23%	—	Jan 2026	GDXU.TO vs HPYE.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	17.80%	1.09B	Oct 2020	GDXU.TO vs HCAL.TO
USSL.TO	Global X Enhanced S&P 500 Index ETF	17.90%	10.93M	May 2024	GDXU.TO vs USSL.TO
ENBE.TO	Harvest Enbridge Enhanced High Income Shares ETF	18.34%	—	Aug 2025	GDXU.TO vs ENBE.TO

Lowest Drawdown Alternatives to GDXU.TO

GDXU.TO has a 1-year max drawdown of -65.49%. There are 14 ETFs in the Leveraged Equities category with shallower 1-year drawdowns, going as shallow as -6.39%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
UTES.TO	Evolve Canadian Utilities Enhanced Yield Index Fun...	-6.39%	445.34M	Sep 2024	GDXU.TO vs UTES.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	-10.65%	1.09B	Oct 2020	GDXU.TO vs HCAL.TO
USSL.TO	Global X Enhanced S&P 500 Index ETF	-10.79%	10.93M	May 2024	GDXU.TO vs USSL.TO
QQQL.TO	Global X Enhanced Nasdaq-100 Index ETF	-13.02%	—	May 2024	GDXU.TO vs QQQL.TO
CNDU.TO	BetaPro S&P/TSX 60 2x Daily Bull ETF	-15.26%	87.38M	Jan 2007	GDXU.TO vs CNDU.TO

Other ETFs from Global X

The 10 most viewed Global X ETFs shown here include CASH.TO, HXQ.TO, CBIL.TO and span 11 categories. AUM among these funds goes as high as $7B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
CASH.TO	Global X High Interest Savings ETF	Money Market	100	1.20%	6.55B	Nov 2021	GDXU.TO vs CASH.TO
HXQ.TO	Global X Nasdaq-100 Index Corporate Class ETF	Nasdaq-100	49	14.56%	1.73B	Apr 2016	GDXU.TO vs HXQ.TO
CBIL.TO	Global X 0-3 Month T-Bill ETF	Canadian Government Bonds	99	1.23%	2.56B	Apr 2023	GDXU.TO vs CBIL.TO
QQCL.TO	Global X Enhanced NASDAQ-100 Covered Call ETF	Nasdaq-100, Derivative Income	54	14.15%	353.68M	Oct 2023	GDXU.TO vs QQCL.TO
HXS.TO	Global X S&P 500 Index Corporate Class ETF	S&P 500	67	12.29%	7.40B	Nov 2010	GDXU.TO vs HXS.TO
HXT.TO	Global X S&P/TSX 60 Index Corporate Class ETF	Canada Equities	93	13.38%	5.48B	Sep 2010	GDXU.TO vs HXT.TO
CHPS.TO	Global X Artificial Intelligence Semiconductor Ind...	Artificial Intelligence, Semiconductors, Technology Equities	78	44.43%	370.09M	Jun 2021	GDXU.TO vs CHPS.TO
HSAV.TO	Global X Cash Maximizer Corporate Class ETF	Money Market	63	1.00%	1.93B	Feb 2020	GDXU.TO vs HSAV.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	Financials Equities, Equal Weight	98	33.04%	—	Jul 2023	GDXU.TO vs HBNK.TO
USCL.TO	Global X Enhanced S&P 500 Covered Call ETF	Derivative Income, S&P 500	77	13.52%	244.05M	Jul 2023	GDXU.TO vs USCL.TO

Often Compared With GDXU.TO

Investors most often compare GDXU.TO with XGD.TO, TQQQ.TO, GLCL.TO. These 7 comparison targets span 6 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
XGD.TO	iShares S&P/TSX Global Gold Index ETF	Gold, Precious Metals	38	-9.57%	3.23B	Mar 2001	GDXU.TO vs XGD.TO
TQQQ.TO	BetaPro 3x Nasdaq-100 Daily Leveraged Bull Alterna...	Nasdaq-100, Leveraged Equities	32	19.72%	—	Jun 2025	GDXU.TO vs TQQQ.TO
GLCL.TO	Global X Enhanced Gold Producer Equity Covered Cal...	Gold, Precious Metals	—	—	—	Apr 2025	GDXU.TO vs GLCL.TO
HEQL.TO	Global X Enhanced All-Equity Asset Allocation ETF	Leveraged Equities	—	—	—	Oct 2023	GDXU.TO vs HEQL.TO
QQCC.TO	Global X NASDAQ-100 Covered Call ETF	Nasdaq-100, Derivative Income	53	11.50%	683.57M	Sep 2011	GDXU.TO vs QQCC.TO
ZGD.TO	BMO Equal Weight Global Gold Index ETF	Gold, Equal Weight, Precious Metals	38	-7.11%	270.90M	Nov 2012	GDXU.TO vs ZGD.TO
KILO.TO	Purpose Gold Bullion Fund	Gold, Precious Metals	28	-7.39%	1.00B	Oct 2018	GDXU.TO vs KILO.TO

Compare GDXU.TO with Any Fund or Stock

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

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Diversifiers

Pair GDXU.TO with funds that move differently

BetaPro Canadian Gold Miners 2x Daily Bull ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to GDXU.TO.

Explore GDXU.TO Diversifiers

BetaPro Canadian Gold Miners 2x Daily Bull ETF (GDXU.TO) Alternatives