Global X Balanced Asset Allocation ETF (HBAL.TO) Alternatives

Global X Balanced Asset Allocation ETF (HBAL.TO) belongs to the Diversified Portfolio category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with HBAL.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.

Cheapest Alternatives to HBAL.TO

HBAL.TO charges 0.20% annually. Among ETFs in the Diversified Portfolio category, these options have the lowest expense ratios among HBAL.TO alternatives.

Symbol	Name	Expense Ratio	Inception
TGRO.TO	TD Growth ETF Portfolio	0.15%	Aug 11, 2020	HBAL.TO vs TGRO.TO
ZCON.TO	BMO Conservative ETF	0.15%	Feb 12, 2019	HBAL.TO vs ZCON.TO
ZESG.TO	BMO Balanced ESG ETF	0.18%	Jan 15, 2020	HBAL.TO vs ZESG.TO
ZMI.TO	BMO Monthly Income ETF	0.18%	Jan 28, 2011	HBAL.TO vs ZMI.TO
XINC.TO	iShares Core Income Balanced ETF Portfolio	0.20%	Aug 7, 2019	HBAL.TO vs XINC.TO

Best Risk-Adjusted Alternatives to HBAL.TO

Among ETFs in the Diversified Portfolio category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.

Symbol	Name	Risk / Return Rank	Inception
VRIF.TO	Vanguard Retirement Income ETF Portfolio	79	Sep 9, 2020	HBAL.TO vs VRIF.TO
VGRO.TO	Vanguard Growth ETF Portfolio	78	Jan 25, 2018	HBAL.TO vs VGRO.TO
VBAL.TO	Vanguard Balanced ETF Portfolio	77	Jan 25, 2018	HBAL.TO vs VBAL.TO
TGRO.TO	TD Growth ETF Portfolio	76	Aug 11, 2020	HBAL.TO vs TGRO.TO
FGRO.NEO	Fidelity All-in-One Growth ETF	73	Jan 21, 2021	HBAL.TO vs FGRO.NEO

Top Performing HBAL.TO Alternatives (YTD)

HBAL.TO alternatives from the Diversified Portfolio category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
ZMI.TO	BMO Monthly Income ETF	2.98%	Jan 28, 2011	HBAL.TO vs ZMI.TO
XTR.TO	iShares Diversified Monthly Income ETF	2.91%	Dec 19, 2005	HBAL.TO vs XTR.TO
FGRO.NEO	Fidelity All-in-One Growth ETF	1.05%	Jan 21, 2021	HBAL.TO vs FGRO.NEO
FBAL.NEO	Fidelity All-in-One Balanced ETF	0.90%	Jan 21, 2021	HBAL.TO vs FBAL.NEO
VRIF.TO	Vanguard Retirement Income ETF Portfolio	0.63%	Sep 9, 2020	HBAL.TO vs VRIF.TO

Lowest Volatility Alternatives to HBAL.TO

HBAL.TO alternatives from the Diversified Portfolio category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
CSBG.NEO	CIBC Sustainable Balanced Growth Solution ETF	0.00%	Jun 18, 2021	HBAL.TO vs CSBG.NEO
VCIP.TO	Vanguard Conservative Income ETF Portfolio	5.02%	Jan 29, 2019	HBAL.TO vs VCIP.TO
XINC.TO	iShares Core Income Balanced ETF Portfolio	5.24%	Aug 7, 2019	HBAL.TO vs XINC.TO
VRIF.TO	Vanguard Retirement Income ETF Portfolio	6.03%	Sep 9, 2020	HBAL.TO vs VRIF.TO
PYF.TO	Purpose Premium Yield Fund Series ETF	6.35%	Nov 28, 2018	HBAL.TO vs PYF.TO

Lowest Drawdown Alternatives to HBAL.TO

HBAL.TO alternatives from the Diversified Portfolio category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
CSBG.NEO	CIBC Sustainable Balanced Growth Solution ETF	0.00%	Jun 18, 2021	HBAL.TO vs CSBG.NEO
XINC.TO	iShares Core Income Balanced ETF Portfolio	-3.65%	Aug 7, 2019	HBAL.TO vs XINC.TO
VCIP.TO	Vanguard Conservative Income ETF Portfolio	-3.80%	Jan 29, 2019	HBAL.TO vs VCIP.TO
VRIF.TO	Vanguard Retirement Income ETF Portfolio	-4.55%	Sep 9, 2020	HBAL.TO vs VRIF.TO
GCNS.TO	iShares ESG Conservative Balanced ETF Portfolio	-5.05%	Sep 2, 2020	HBAL.TO vs GCNS.TO

Other ETFs from Global X

Most popular Global X ETFs on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
CASH.TO	Global X High Interest Savings ETF	Money Market	99	0.35%	Nov 1, 2021	HBAL.TO vs CASH.TO
CBIL.TO	Global X 0-3 Month T-Bill ETF	Canadian Government Bonds	99	0.30%	Apr 12, 2023	HBAL.TO vs CBIL.TO
QQCL.TO	Global X Enhanced NASDAQ-100 Covered Call ETF	Derivative Income	48	-4.67%	Oct 10, 2023	HBAL.TO vs QQCL.TO
HXS.TO	Global X S&P 500 Index Corporate Class ETF	S&P 500	45	-3.28%	Nov 30, 2010	HBAL.TO vs HXS.TO
HXT.TO	Global X S&P/TSX 60 Corporate Class ETF	Canada Equities	93	2.91%	Sep 14, 2010	HBAL.TO vs HXT.TO
HSAV.TO	Global X Cash Maximizer Corporate Class ETF	Bank Loan	96	1.13%	Feb 5, 2020	HBAL.TO vs HSAV.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	Financials Equities	98	1.67%	Jul 5, 2023	HBAL.TO vs HBNK.TO
CHPS.TO	Global X Artificial Intelligence Semiconductor Ind...	Semiconductors, Technology Equities	93	6.25%	Jun 21, 2021	HBAL.TO vs CHPS.TO
USCL.TO	Global X Enhanced S&P 500 Covered Call ETF	Derivative Income, S&P 500	30	-5.43%	Jul 5, 2023	HBAL.TO vs USCL.TO
QQCC.TO	Global X NASDAQ-100 Covered Call ETF	Derivative Income	48	-3.61%	Sep 13, 2011	HBAL.TO vs QQCC.TO

Often Compared With HBAL.TO

What investors most often compare with HBAL.TO, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
ZBAL.TO	BMO Balanced ETF	Global Allocation	71	0.37%	Jan 24, 2022	HBAL.TO vs ZBAL.TO
TCON.TO	TD Conservative ETF Portfolio	Diversified Portfolio	69	0.57%	Aug 11, 2020	HBAL.TO vs TCON.TO
MIX.TO	Hamilton Enhanced Mixed Asset ETF	Diversified Portfolio	—	-1.88%	Apr 25, 2025	HBAL.TO vs MIX.TO
CEQT.TO	CI Equity Asset Allocation ETF	Diversified Portfolio	59	-1.84%	May 17, 2023	HBAL.TO vs CEQT.TO
MGRW.TO	Mackenzie Growth Allocation ETF	Diversified Portfolio	67	-2.32%	Sep 29, 2020	HBAL.TO vs MGRW.TO
GRO.TO	Franklin Growth ETF Portfolio	Diversified Portfolio	58	-2.38%	Feb 20, 2019	HBAL.TO vs GRO.TO
XBAL.TO	iShares Core Balanced ETF Portfolio	Diversified Portfolio, Actively Managed	65	0.29%	Jun 21, 2007	HBAL.TO vs XBAL.TO
XCNS.TO	iShares Core Conservative Balanced ETF Portfolio	Diversified Portfolio	65	0.28%	Aug 7, 2019	HBAL.TO vs XCNS.TO
GGRO.TO	iShares ESG Growth ETF Portfolio	Diversified Portfolio	58	-1.81%	Sep 2, 2020	HBAL.TO vs GGRO.TO
VCNS.TO	Vanguard Conservative ETF Portfolio	Diversified Portfolio	60	0.22%	Jan 25, 2018	HBAL.TO vs VCNS.TO

Compare HBAL.TO with Any Fund or Stock

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

Symbol name

Global X Balanced Asset Allocation ETF

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