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-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	0.28%	—	Oct 2018	GLDX.TO vs KILO-B.TO
KILO.TO	Purpose Gold Bullion Fund	0.28%	1.00B	Oct 2018	GLDX.TO vs KILO.TO
HGGG.TO	Harvest Global Gold Giants Index ETF	0.40%	42.66M	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 37.

Symbol	Name	Risk / Return Rank	AUM	Inception
HGGG.TO	Harvest Global Gold Giants Index ETF	37	42.66M	Jan 2019	GLDX.TO vs HGGG.TO
XGD.TO	iShares S&P/TSX Global Gold Index ETF	35	3.30B	Mar 2001	GLDX.TO vs XGD.TO
ZJG.TO	BMO Junior Gold Index ETF	34	168.31M	Jan 2010	GLDX.TO vs ZJG.TO
ZGD.TO	BMO Equal Weight Global Gold Index ETF	31	281.50M	Nov 2012	GLDX.TO vs ZGD.TO
GLCC.TO	Global X Gold Producer Equity Covered Call ETF	30	574.94M	Apr 2011	GLDX.TO vs GLCC.TO

Top Performing GLDX.TO Alternatives (YTD)

GLDX.TO is at -13.00% YTD. There are 15 ETFs in the Gold category with higher YTD returns, going as high as -3.72%.

Symbol	Name	YTD Return	AUM	Inception
ZGLD.TO	BMO Gold Bullion ETF (CAD Units)	-3.72%	—	Mar 2024	GLDX.TO vs ZGLD.TO
CGL-C.TO	iShares Gold Bullion ETF	-3.96%	—	Mar 2011	GLDX.TO vs CGL-C.TO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	-4.13%	—	Oct 2018	GLDX.TO vs KILO-B.TO
VALT-U.TO	CI Gold Bullion ETF (US$ Series)	-5.81%	164.50M	Jan 2021	GLDX.TO vs VALT-U.TO
ZGD.TO	BMO Equal Weight Global Gold Index ETF	-6.97%	281.50M	Nov 2012	GLDX.TO vs ZGD.TO

Lowest Volatility Alternatives to GLDX.TO

GLDX.TO has 48.59% 1-year volatility. There are 15 ETFs in the Gold category with lower 1-year volatility, going as low as 25.34%.

Symbol	Name	Volatility 1Y	AUM	Inception
HGY.TO	Global X Gold Yield ETF	25.34%	180.76M	Dec 2010	GLDX.TO vs HGY.TO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	26.41%	—	Oct 2018	GLDX.TO vs KILO-B.TO
CGL-C.TO	iShares Gold Bullion ETF	26.75%	—	Mar 2011	GLDX.TO vs CGL-C.TO
ZGLD.TO	BMO Gold Bullion ETF (CAD Units)	26.76%	—	Mar 2024	GLDX.TO vs ZGLD.TO
KILO.TO	Purpose Gold Bullion Fund	27.65%	1.00B	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 -22.38%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
ZGLD.TO	BMO Gold Bullion ETF (CAD Units)	-22.38%	—	Mar 2024	GLDX.TO vs ZGLD.TO
CGL-C.TO	iShares Gold Bullion ETF	-22.46%	—	Mar 2011	GLDX.TO vs CGL-C.TO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	-22.56%	—	Oct 2018	GLDX.TO vs KILO-B.TO
HGY.TO	Global X Gold Yield ETF	-24.27%	180.76M	Dec 2010	GLDX.TO vs HGY.TO
CGL.TO	iShares Gold Bullion ETF (CAD-Hedged)	-26.79%	1.99B	May 2009	GLDX.TO vs CGL.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	1.08%	6.66B	Nov 2021	GLDX.TO vs CASH.TO
CBIL.TO	Global X 0-3 Month T-Bill ETF	Canadian Government Bonds	99	1.10%	2.39B	Apr 2023	GLDX.TO vs CBIL.TO
QQCL.TO	Global X Enhanced NASDAQ-100 Covered Call ETF	Nasdaq-100, Derivative Income	74	19.53%	370.02M	Oct 2023	GLDX.TO vs QQCL.TO
HXS.TO	Global X S&P 500 Index Corporate Class ETF	S&P 500	75	13.39%	7.49B	Nov 2010	GLDX.TO vs HXS.TO
HXT.TO	Global X S&P/TSX 60 Index Corporate Class ETF	Canada Equities	93	13.87%	5.40B	Sep 2010	GLDX.TO vs HXT.TO
CHPS.TO	Global X Artificial Intelligence Semiconductor Ind...	Semiconductors, Technology Equities	87	56.69%	391.52M	Jun 2021	GLDX.TO vs CHPS.TO
HSAV.TO	Global X Cash Maximizer Corporate Class ETF	Money Market	70	1.00%	1.93B	Feb 2020	GLDX.TO vs HSAV.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	Financials Equities, Equal Weight	98	36.76%	—	Jul 2023	GLDX.TO vs HBNK.TO
USCL.TO	Global X Enhanced S&P 500 Covered Call ETF	Derivative Income, S&P 500	83	14.21%	250.73M	Jul 2023	GLDX.TO vs USCL.TO
QQCC.TO	Global X NASDAQ-100 Covered Call ETF	Nasdaq-100, Derivative Income	75	15.96%	709.55M	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 20 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	47	6.63%	176.79M	May 2022	GLDX.TO vs COPP.TO
HLIT.TO	Global X Lithium Producers Index ETF	Lithium & Battery Metals	53	0.33%	—	Jun 2021	GLDX.TO vs HLIT.TO
NRGY.TO	Global X Equal Weight Canadian Oil & Gas Index ETF	Energy Equities, Equal Weight	90	35.45%	261.16M	Nov 2024	GLDX.TO vs NRGY.TO
CPCC.TO	Global X Copper Producer Equity Covered Call ETF	Copper, Derivative Income	—	7.98%	—	Dec 2025	GLDX.TO vs CPCC.TO
HURA.TO	Global X Uranium Index ETF	Uranium	14	-4.88%	193.25M	May 2019	GLDX.TO vs HURA.TO
ABX.TO	Barrick Gold Corporation		84	-14.57%	—	—	GLDX.TO vs ABX.TO
GLD	SPDR Gold Shares	Gold, Precious Metals	24	-6.05%	132.10B	Nov 2004	GLDX.TO vs GLD
IAUM	iShares Gold Trust Micro	Gold, Precious Metals	25	-6.00%	6.41B	Jun 2021	GLDX.TO vs IAUM
HUG.TO	Global X Gold ETF	Gold, Commodities, Precious Metals	21	-7.30%	50.22M	Jun 2009	GLDX.TO vs HUG.TO
BAM	Brookfield Asset Management Ltd.		31	-4.48%	—	—	GLDX.TO vs BAM
GLDM	SPDR Gold MiniShares Trust	Gold, Precious Metals	25	-6.01%	27.70B	Jun 2018	GLDX.TO vs GLDM
AMAX.TO	Hamilton Gold Producer YIELD MAXIMIZER ETF	Gold, Derivative Income, Precious Metals	25	-12.97%	468.60M	Feb 2024	GLDX.TO vs AMAX.TO
MNT.TO	Royal Canadian Mint - Canadian Gold Reserves	Gold, Precious Metals	20	-7.38%	1.20B	—	GLDX.TO vs MNT.TO
8PSG.DE	Invesco Physical Gold ETC	Gold, Precious Metals	26	-4.84%	—	Jun 2009	GLDX.TO vs 8PSG.DE
CGXF.TO	CI Gold+ Giants Covered Call ETF Common	Gold, Precious Metals	24	-13.63%	249.45M	Mar 2022	GLDX.TO vs CGXF.TO
IGLD.DE	iShares Physical Gold (EUR Hedged) ETC	Gold, Precious Metals	22	-8.81%	—	Jul 2022	GLDX.TO vs IGLD.DE
RGPM.NEO	RBC Global Precious Metals Fund	Precious Metals	31	-11.77%	—	Mar 2023	GLDX.TO vs RGPM.NEO
GLCL.TO	Global X Enhanced Gold Producer Equity Covered Cal...	Gold, Precious Metals	—	—	—	Apr 2025	GLDX.TO vs GLCL.TO
PPFB.DE	iShares Physical Gold ETC	Gold, Precious Metals	30	-4.84%	—	Apr 2011	GLDX.TO vs PPFB.DE
GLDA.DE	Amundi Physical Gold ETC (C)	Gold, Precious Metals	30	-4.83%	—	May 2019	GLDX.TO vs GLDA.DE

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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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