GLCL.TO Alternatives & Similar ETFs

Global X Enhanced Gold Producer Equity Covered Call ETF (GLCL.TO) belongs to the Gold category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with GLCL.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to GLCL.TO

GLCL.TO charges 0.85% annually. There are 10 ETFs in the Gold category with lower expense ratios, going as low as 0.23%.

Symbol	Name	Expense Ratio	AUM	Inception
ZGLD.TO	BMO Gold Bullion ETF (CAD Units)	0.23%	—	Mar 2024	GLCL.TO vs ZGLD.TO
ZGLH.TO	BMO Gold Bullion Hedged to CAD ETF	0.23%	—	Mar 2024	GLCL.TO vs ZGLH.TO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	0.28%	—	Oct 2018	GLCL.TO vs KILO-B.TO
HGGG.TO	Harvest Global Gold Giants Index ETF	0.40%	48.63M	Jan 2019	GLCL.TO vs HGGG.TO
HUG.TO	Global X Gold ETF	0.54%	55.12M	Jun 2009	GLCL.TO vs HUG.TO

Best Risk-Adjusted Alternatives to GLCL.TO

GLCL.TO has a PortfoliosLab risk / return rank of 41. There are 2 ETFs in the Gold category with higher risk-adjusted ranks, going as high as 49.

Symbol	Name	Risk / Return Rank	AUM	Inception
ZGD.TO	BMO Equal Weight Global Gold Index ETF	49	356.53M	Nov 2012	GLCL.TO vs ZGD.TO
HGGG.TO	Harvest Global Gold Giants Index ETF	45	48.63M	Jan 2019	GLCL.TO vs HGGG.TO
GLCC.TO	Global X Gold Producer Equity Covered Call ETF	39	597.10M	Apr 2011	GLCL.TO vs GLCC.TO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	38	—	Oct 2018	GLCL.TO vs KILO-B.TO
ZGLD.TO	BMO Gold Bullion ETF (CAD Units)	36	—	Mar 2024	GLCL.TO vs ZGLD.TO

Top Performing GLCL.TO Alternatives (YTD)

GLCL.TO is at -2.04% YTD. There are 11 ETFs in the Gold category with higher YTD returns, going as high as 6.26%.

Symbol	Name	YTD Return	AUM	Inception
ZGD.TO	BMO Equal Weight Global Gold Index ETF	6.26%	356.53M	Nov 2012	GLCL.TO vs ZGD.TO
CGL-C.TO	iShares Gold Bullion ETF	4.39%	—	Mar 2011	GLCL.TO vs CGL-C.TO
ZGLD.TO	BMO Gold Bullion ETF (CAD Units)	4.35%	—	Mar 2024	GLCL.TO vs ZGLD.TO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	4.14%	—	Oct 2018	GLCL.TO vs KILO-B.TO
CGL.TO	iShares Gold Bullion ETF (CAD-Hedged)	2.15%	2.53B	May 2009	GLCL.TO vs CGL.TO

Lowest Volatility Alternatives to GLCL.TO

GLCL.TO has 51.33% 1-year volatility. There are 12 ETFs in the Gold category with lower 1-year volatility, going as low as 23.45%.

Symbol	Name	Volatility 1Y	AUM	Inception
HGY.TO	Global X Gold Yield ETF	23.45%	219.30M	Dec 2010	GLCL.TO vs HGY.TO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	25.07%	—	Oct 2018	GLCL.TO vs KILO-B.TO
ZGLD.TO	BMO Gold Bullion ETF (CAD Units)	25.17%	—	Mar 2024	GLCL.TO vs ZGLD.TO
CGL-C.TO	iShares Gold Bullion ETF	25.35%	—	Mar 2011	GLCL.TO vs CGL-C.TO
ZGLH.TO	BMO Gold Bullion Hedged to CAD ETF	25.97%	—	Mar 2024	GLCL.TO vs ZGLH.TO

Lowest Drawdown Alternatives to GLCL.TO

GLCL.TO has a 1-year max drawdown of -35.08%. There are 12 ETFs in the Gold category with shallower 1-year drawdowns, going as shallow as -17.23%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
ZGLD.TO	BMO Gold Bullion ETF (CAD Units)	-17.23%	—	Mar 2024	GLCL.TO vs ZGLD.TO
CGL-C.TO	iShares Gold Bullion ETF	-17.37%	—	Mar 2011	GLCL.TO vs CGL-C.TO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	-17.41%	—	Oct 2018	GLCL.TO vs KILO-B.TO
HGY.TO	Global X Gold Yield ETF	-17.47%	219.30M	Dec 2010	GLCL.TO vs HGY.TO
HUG.TO	Global X Gold ETF	-19.27%	55.12M	Jun 2009	GLCL.TO vs HUG.TO

Other ETFs from Global X

The 10 most viewed Global X ETFs shown here include CASH.TO, CBIL.TO, QQCL.TO and span 10 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	0.83%	6.70B	Nov 2021	GLCL.TO vs CASH.TO
CBIL.TO	Global X 0-3 Month T-Bill ETF	Canadian Government Bonds	99	0.85%	2.27B	Apr 2023	GLCL.TO vs CBIL.TO
QQCL.TO	Global X Enhanced NASDAQ-100 Covered Call ETF	Nasdaq-100, Derivative Income	81	20.85%	364.56M	Oct 2023	GLCL.TO vs QQCL.TO
HXS.TO	Global X S&P 500 Index Corporate Class ETF	S&P 500	71	11.99%	6.67B	Nov 2010	GLCL.TO vs HXS.TO
HXT.TO	Global X S&P/TSX 60 Corporate Class ETF	Canada Equities	81	10.03%	5.16B	Sep 2010	GLCL.TO vs HXT.TO
HSAV.TO	Global X Cash Maximizer Corporate Class ETF	Bank Loan	66	1.04%	1.92B	Feb 2020	GLCL.TO vs HSAV.TO
CHPS.TO	Global X Artificial Intelligence Semiconductor Ind...	Semiconductors, Technology Equities	94	66.03%	342.08M	Jun 2021	GLCL.TO vs CHPS.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	Financials Equities	96	18.85%	—	Jul 2023	GLCL.TO vs HBNK.TO
USCL.TO	Global X Enhanced S&P 500 Covered Call ETF	Derivative Income, S&P 500	75	11.57%	249.48M	Jul 2023	GLCL.TO vs USCL.TO
QQCC.TO	Global X NASDAQ-100 Covered Call ETF	Nasdaq-100, Derivative Income	82	16.94%	713.85M	Sep 2011	GLCL.TO vs QQCC.TO

Often Compared With GLCL.TO

Investors most often compare GLCL.TO with HUZ.TO, XGD.TO, MNS.TO. These 11 comparison targets span 4 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
HUZ.TO	Global X Silver ETF	Silver, Precious Metals	45	2.35%	62.83M	Jun 2009	GLCL.TO vs HUZ.TO
XGD.TO	iShares S&P/TSX Global Gold Index ETF	Precious Metals	42	3.35%	3.59B	Mar 2001	GLCL.TO vs XGD.TO
MNS.TO	Royal Canadian Mint - Canadian Silver Reserves	Silver, Precious Metals	48	-8.40%	245.65M	Nov 2012	GLCL.TO vs MNS.TO
CGXF.TO	CI Gold+ Giants Covered Call ETF Common	Gold, Precious Metals	31	-2.14%	247.50M	Mar 2022	GLCL.TO vs CGXF.TO
AGCC.TO	Global X Silver Covered Call ETF	Silver, Derivative Income, Precious Metals	—	1.95%	—	Oct 2025	GLCL.TO vs AGCC.TO
AMAX.TO	Hamilton Gold Producer YIELD MAXIMIZER ETF	Gold, Derivative Income	32	-1.05%	519.30M	Feb 2024	GLCL.TO vs AMAX.TO
SVR-C.TO	iShares Silver Bullion ETF (Non-Hedged)	Silver, Precious Metals	50	3.58%	—	Mar 2011	GLCL.TO vs SVR-C.TO
ZJG.TO	BMO Junior Gold Index ETF	Precious Metals	41	1.53%	214.95M	Jan 2010	GLCL.TO vs ZJG.TO
SBT.TO	Purpose Silver Bullion Fund	Silver, Precious Metals	46	2.24%	164.90M	May 2016	GLCL.TO vs SBT.TO
SVR.TO	iShares Silver Bullion ETF	Silver, Precious Metals	45	1.77%	523.08M	Jul 2009	GLCL.TO vs SVR.TO
8PSG.DE	Invesco Physical Gold ETC	Gold, Precious Metals	34	2.13%	—	Jun 2009	GLCL.TO vs 8PSG.DE

Compare GLCL.TO with Any Fund or Stock

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

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Diversifiers

Pair GLCL.TO with funds that move differently

Global X Enhanced Gold Producer Equity Covered Call ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to GLCL.TO.

Explore GLCL.TO Diversifiers

Global X Enhanced Gold Producer Equity Covered Call ETF (GLCL.TO) Alternatives