GLDX.TO Alternatives & Similar ETFs

Global X Gold Producers Index ETF (GLDX.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 GLDX.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to GLDX.TO

Among 16 ETFs in the Gold category with expense-ratio data, the lowest-cost alternatives shown here go as low as 0.23%.

Symbol	Name	Expense Ratio	AUM	Inception
ZGLD.TO	BMO Gold Bullion ETF (CAD Units)	0.23%	—	Mar 2024	GLDX.TO vs ZGLD.TO
ZGLH.TO	BMO Gold Bullion Hedged to CAD ETF	0.23%	—	Mar 2024	GLDX.TO vs ZGLH.TO
KILO.TO	Purpose Gold Bullion Fund	0.28%	1.10B	Oct 2018	GLDX.TO vs KILO.TO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	0.28%	—	Oct 2018	GLDX.TO vs KILO-B.TO
HGGG.TO	Harvest Global Gold Giants Index ETF	0.40%	44.36M	Jan 2019	GLDX.TO vs HGGG.TO

Best Risk-Adjusted Alternatives to GLDX.TO

GLDX.TO has a PortfoliosLab risk / return rank of 35. There is 1 ETF in the Gold category with a higher risk-adjusted rank, going as high as 38.

Symbol	Name	Risk / Return Rank	AUM	Inception
HGGG.TO	Harvest Global Gold Giants Index ETF	38	44.36M	Jan 2019	GLDX.TO vs HGGG.TO
XGD.TO	iShares S&P/TSX Global Gold Index ETF	34	3.65B	Mar 2001	GLDX.TO vs XGD.TO
ZJG.TO	BMO Junior Gold Index ETF	34	178.55M	Jan 2010	GLDX.TO vs ZJG.TO
ZGD.TO	BMO Equal Weight Global Gold Index ETF	31	306.01M	Nov 2012	GLDX.TO vs ZGD.TO
GLCC.TO	Global X Gold Producer Equity Covered Call ETF	30	589.70M	Apr 2011	GLDX.TO vs GLCC.TO

Top Performing GLDX.TO Alternatives (YTD)

GLDX.TO is at -7.62% YTD. There are 12 ETFs in the Gold category with higher YTD returns, going as high as -1.26%.

Symbol	Name	YTD Return	AUM	Inception
ZGLD.TO	BMO Gold Bullion ETF (CAD Units)	-1.26%	—	Mar 2024	GLDX.TO vs ZGLD.TO
CGL-C.TO	iShares Gold Bullion ETF	-1.35%	—	Mar 2011	GLDX.TO vs CGL-C.TO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	-1.48%	—	Oct 2018	GLDX.TO vs KILO-B.TO
ZGD.TO	BMO Equal Weight Global Gold Index ETF	-1.70%	306.01M	Nov 2012	GLDX.TO vs ZGD.TO
XGD.TO	iShares S&P/TSX Global Gold Index ETF	-3.25%	3.65B	Mar 2001	GLDX.TO vs XGD.TO

Lowest Volatility Alternatives to GLDX.TO

GLDX.TO has 48.28% 1-year volatility. There are 15 ETFs in the Gold category with lower 1-year volatility, going as low as 24.87%.

Symbol	Name	Volatility 1Y	AUM	Inception
HGY.TO	Global X Gold Yield ETF	24.87%	191.55M	Dec 2010	GLDX.TO vs HGY.TO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	25.95%	—	Oct 2018	GLDX.TO vs KILO-B.TO
ZGLD.TO	BMO Gold Bullion ETF (CAD Units)	26.30%	—	Mar 2024	GLDX.TO vs ZGLD.TO
CGL-C.TO	iShares Gold Bullion ETF	26.30%	—	Mar 2011	GLDX.TO vs CGL-C.TO
KILO.TO	Purpose Gold Bullion Fund	27.23%	1.10B	Oct 2018	GLDX.TO vs KILO.TO

Lowest Drawdown Alternatives to GLDX.TO

GLDX.TO has a 1-year max drawdown of -35.22%. There are 13 ETFs in the Gold category with shallower 1-year drawdowns, going as shallow as -22.06%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
ZGLD.TO	BMO Gold Bullion ETF (CAD Units)	-22.06%	—	Mar 2024	GLDX.TO vs ZGLD.TO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	-22.10%	—	Oct 2018	GLDX.TO vs KILO-B.TO
CGL-C.TO	iShares Gold Bullion ETF	-22.11%	—	Mar 2011	GLDX.TO vs CGL-C.TO
HGY.TO	Global X Gold Yield ETF	-22.37%	191.55M	Dec 2010	GLDX.TO vs HGY.TO
KILO.TO	Purpose Gold Bullion Fund	-24.90%	1.10B	Oct 2018	GLDX.TO vs KILO.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	99	0.95%	6.67B	Nov 2021	GLDX.TO vs CASH.TO
CBIL.TO	Global X 0-3 Month T-Bill ETF	Canadian Government Bonds	99	0.97%	2.36B	Apr 2023	GLDX.TO vs CBIL.TO
QQCL.TO	Global X Enhanced NASDAQ-100 Covered Call ETF	Nasdaq-100, Derivative Income	76	20.21%	379.27M	Oct 2023	GLDX.TO vs QQCL.TO
HXS.TO	Global X S&P 500 Index Corporate Class ETF	S&P 500	69	11.68%	7.12B	Nov 2010	GLDX.TO vs HXS.TO
HXT.TO	Global X S&P/TSX 60 Index Corporate Class ETF	Canada Equities	86	11.58%	5.30B	Sep 2010	GLDX.TO vs HXT.TO
CHPS.TO	Global X Artificial Intelligence Semiconductor Ind...	Semiconductors, Technology Equities	92	62.84%	416.39M	Jun 2021	GLDX.TO vs CHPS.TO
HSAV.TO	Global X Cash Maximizer Corporate Class ETF	Money Market	61	0.90%	1.92B	Feb 2020	GLDX.TO vs HSAV.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	Financials Equities, Equal Weight	97	30.68%	—	Jul 2023	GLDX.TO vs HBNK.TO
USCL.TO	Global X Enhanced S&P 500 Covered Call ETF	Derivative Income, S&P 500	76	12.30%	250.98M	Jul 2023	GLDX.TO vs USCL.TO
QQCC.TO	Global X NASDAQ-100 Covered Call ETF	Nasdaq-100, Derivative Income	77	16.46%	732.86M	Sep 2011	GLDX.TO vs QQCC.TO

Often Compared With GLDX.TO

Investors most often compare GLDX.TO with COPP.TO, HLIT.TO, NRGY.TO. These 19 comparison targets span 9 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
COPP.TO	Global X Copper Producers Index ETF	Copper	52	11.11%	190.37M	May 2022	GLDX.TO vs COPP.TO
HLIT.TO	Global X Lithium Producers Index ETF	Lithium & Battery Metals	80	13.22%	—	Jun 2021	GLDX.TO vs HLIT.TO
NRGY.TO	Global X Equal Weight Canadian Oil & Gas Index ETF	Energy Equities, Equal Weight	84	32.04%	257.58M	Nov 2024	GLDX.TO vs NRGY.TO
CPCC.TO	Global X Copper Producer Equity Covered Call ETF	Copper, Derivative Income	—	12.09%	—	Dec 2025	GLDX.TO vs CPCC.TO
HURA.TO	Global X Uranium Index ETF	Uranium	20	6.31%	203.35M	May 2019	GLDX.TO vs HURA.TO
ABX.TO	Barrick Gold Corporation		84	-8.19%	—	—	GLDX.TO vs ABX.TO
GLD	SPDR Gold Shares	Gold, Precious Metals	22	-4.79%	138.96B	Nov 2004	GLDX.TO vs GLD
IAUM	iShares Gold Trust Micro	Gold, Precious Metals	22	-4.68%	6.66B	Jun 2021	GLDX.TO vs IAUM
BAM	Brookfield Asset Management Ltd.		29	-8.49%	—	—	GLDX.TO vs BAM
GLDM	SPDR Gold MiniShares Trust	Gold, Precious Metals	22	-4.72%	28.75B	Jun 2018	GLDX.TO vs GLDM
HUG.TO	Global X Gold ETF	Gold, Commodities, Precious Metals	19	-6.22%	51.66M	Jun 2009	GLDX.TO vs HUG.TO
CGL.TO	iShares Gold Bullion ETF (CAD-Hedged)	Gold, Precious Metals	19	-5.72%	2.02B	May 2009	GLDX.TO vs CGL.TO
IGLD.DE	iShares Physical Gold (EUR Hedged) ETC	Gold, Precious Metals	21	-6.29%	—	Jul 2022	GLDX.TO vs IGLD.DE
AMAX.TO	Hamilton Gold Producer YIELD MAXIMIZER ETF	Gold, Derivative Income, Precious Metals	25	-7.81%	504.60M	Feb 2024	GLDX.TO vs AMAX.TO
MNT.TO	Royal Canadian Mint - Canadian Gold Reserves	Gold, Precious Metals	18	-6.93%	1.20B	—	GLDX.TO vs MNT.TO
8PSG.DE	Invesco Physical Gold ETC	Gold, Precious Metals	24	-2.35%	—	Jun 2009	GLDX.TO vs 8PSG.DE
RGPM.NEO	RBC Global Precious Metals Fund	Precious Metals	32	-5.87%	—	Mar 2023	GLDX.TO vs RGPM.NEO
WGLD.DE	WisdomTree Core Physical Gold	Gold, Precious Metals	36	2.75%	—	Nov 2020	GLDX.TO vs WGLD.DE
CGXF.TO	CI Gold+ Giants Covered Call ETF Common	Gold, Precious Metals	24	-8.39%	243.61M	Mar 2022	GLDX.TO vs CGXF.TO

Compare GLDX.TO with Any Fund or Stock

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

Symbol name

Diversifiers

Pair GLDX.TO with funds that move differently

Global X Gold Producers Index ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to GLDX.TO.

Explore GLDX.TO Diversifiers

Global X Gold Producers Index ETF (GLDX.TO) Alternatives