GLDX.TO Alternatives & Similar ETFs

Global X Gold Producers Index ETF (GLDX.TO) belongs to the Commodity Producers Equities 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 6 ETFs in the Commodity Producers Equities category with expense-ratio data, the lowest-cost alternatives shown here go as low as 0.49%.

Symbol	Name	Expense Ratio	AUM	Inception
NRGY.TO	Global X Equal Weight Canadian Oil & Gas Index ETF	0.49%	284.45M	Nov 2024	GLDX.TO vs NRGY.TO
CPCC.TO	Global X Copper Producer Equity Covered Call ETF	0.65%	—	Dec 2025	GLDX.TO vs CPCC.TO
COPP.TO	Global X Copper Producers Index ETF	0.65%	201.34M	May 2022	GLDX.TO vs COPP.TO
HEP.TO	Horizons Gold Producer Equity Covered Call ETF	0.81%	172.87M	Apr 2011	GLDX.TO vs HEP.TO
HLIT.TO	Global X Lithium Producers Index ETF	0.89%	—	Jun 2021	GLDX.TO vs HLIT.TO

Best Risk-Adjusted Alternatives to GLDX.TO

GLDX.TO has a PortfoliosLab risk / return rank of 45. There are 3 ETFs in the Commodity Producers Equities category with higher risk-adjusted ranks, going as high as 89.

Symbol	Name	Risk / Return Rank	AUM	Inception
NRGY.TO	Global X Equal Weight Canadian Oil & Gas Index ETF	89	284.45M	Nov 2024	GLDX.TO vs NRGY.TO
HLIT.TO	Global X Lithium Producers Index ETF	87	—	Jun 2021	GLDX.TO vs HLIT.TO
COPP.TO	Global X Copper Producers Index ETF	71	201.34M	May 2022	GLDX.TO vs COPP.TO
HURA.TO	Global X Uranium Index ETF	33	205.13M	May 2019	GLDX.TO vs HURA.TO
HEP.TO	Horizons Gold Producer Equity Covered Call ETF	33	172.87M	Apr 2011	GLDX.TO vs HEP.TO

Top Performing GLDX.TO Alternatives (YTD)

GLDX.TO is at -0.91% YTD. There are 5 ETFs in the Commodity Producers Equities category with higher YTD returns, going as high as 38.06%.

Symbol	Name	YTD Return	AUM	Inception
NRGY.TO	Global X Equal Weight Canadian Oil & Gas Index ETF	38.06%	284.45M	Nov 2024	GLDX.TO vs NRGY.TO
COPP.TO	Global X Copper Producers Index ETF	26.77%	201.34M	May 2022	GLDX.TO vs COPP.TO
HLIT.TO	Global X Lithium Producers Index ETF	25.27%	—	Jun 2021	GLDX.TO vs HLIT.TO
CPCC.TO	Global X Copper Producer Equity Covered Call ETF	23.82%	—	Dec 2025	GLDX.TO vs CPCC.TO
HURA.TO	Global X Uranium Index ETF	14.10%	205.13M	May 2019	GLDX.TO vs HURA.TO

Lowest Volatility Alternatives to GLDX.TO

GLDX.TO has 46.13% 1-year volatility. There are 5 ETFs in the Commodity Producers Equities category with lower 1-year volatility, going as low as 16.88%.

Symbol	Name	Volatility 1Y	AUM	Inception
NRGY.TO	Global X Equal Weight Canadian Oil & Gas Index ETF	16.88%	284.45M	Nov 2024	GLDX.TO vs NRGY.TO
HLIT.TO	Global X Lithium Producers Index ETF	38.13%	—	Jun 2021	GLDX.TO vs HLIT.TO
COPP.TO	Global X Copper Producers Index ETF	40.46%	201.34M	May 2022	GLDX.TO vs COPP.TO
HEP.TO	Horizons Gold Producer Equity Covered Call ETF	41.96%	172.87M	Apr 2011	GLDX.TO vs HEP.TO
CPCC.TO	Global X Copper Producer Equity Covered Call ETF	43.17%	—	Dec 2025	GLDX.TO vs CPCC.TO

Lowest Drawdown Alternatives to GLDX.TO

GLDX.TO has a 1-year max drawdown of -30.14%. There are 4 ETFs in the Commodity Producers Equities category with shallower 1-year drawdowns, going as shallow as -9.49%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
NRGY.TO	Global X Equal Weight Canadian Oil & Gas Index ETF	-9.49%	284.45M	Nov 2024	GLDX.TO vs NRGY.TO
HLIT.TO	Global X Lithium Producers Index ETF	-23.73%	—	Jun 2021	GLDX.TO vs HLIT.TO
COPP.TO	Global X Copper Producers Index ETF	-28.09%	201.34M	May 2022	GLDX.TO vs COPP.TO
HEP.TO	Horizons Gold Producer Equity Covered Call ETF	-28.86%	172.87M	Apr 2011	GLDX.TO vs HEP.TO
HURA.TO	Global X Uranium Index ETF	-30.61%	205.13M	May 2019	GLDX.TO vs HURA.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	GLDX.TO vs CASH.TO
CBIL.TO	Global X 0-3 Month T-Bill ETF	Canadian Government Bonds	99	0.85%	2.27B	Apr 2023	GLDX.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	GLDX.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	GLDX.TO vs HXS.TO
HXT.TO	Global X S&P/TSX 60 Corporate Class ETF	Canada Equities	81	10.03%	5.16B	Sep 2010	GLDX.TO vs HXT.TO
HSAV.TO	Global X Cash Maximizer Corporate Class ETF	Bank Loan	66	1.04%	1.92B	Feb 2020	GLDX.TO vs HSAV.TO
CHPS.TO	Global X Artificial Intelligence Semiconductor Ind...	Semiconductors, Technology Equities	94	66.03%	342.08M	Jun 2021	GLDX.TO vs CHPS.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	Financials Equities	96	18.85%	—	Jul 2023	GLDX.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	GLDX.TO vs USCL.TO
QQCC.TO	Global X NASDAQ-100 Covered Call ETF	Nasdaq-100, Derivative Income	82	16.94%	713.85M	Sep 2011	GLDX.TO vs QQCC.TO

Often Compared With GLDX.TO

Investors most often compare GLDX.TO with ZGD.TO, ZJG.TO, ABX.TO. These 8 comparison targets span 2 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ZGD.TO	BMO Equal Weight Global Gold Index ETF	Gold	49	6.26%	356.53M	Nov 2012	GLDX.TO vs ZGD.TO
ZJG.TO	BMO Junior Gold Index ETF	Precious Metals	41	1.53%	214.95M	Jan 2010	GLDX.TO vs ZJG.TO
ABX.TO	Barrick Gold Corporation		89	-1.41%	—	—	GLDX.TO vs ABX.TO
GLD	SPDR Gold Shares	Gold, Precious Metals	32	2.92%	150.37B	Nov 2004	GLDX.TO vs GLD
IAUM	iShares Gold Trust Micro	Gold, Precious Metals	32	3.00%	7.18B	Jun 2021	GLDX.TO vs IAUM
XGD.TO	iShares S&P/TSX Global Gold Index ETF	Precious Metals	42	3.35%	3.59B	Mar 2001	GLDX.TO vs XGD.TO
BAM	Brookfield Asset Management Inc.		18	-11.82%	—	—	GLDX.TO vs BAM
GLDM	SPDR Gold MiniShares Trust	Gold, Precious Metals	32	3.00%	30.87B	Jun 2018	GLDX.TO vs GLDM

Compare GLDX.TO with Any Fund or Stock

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

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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