HBAL.TO Alternatives & Similar ETFs

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 a closer substitute for your current allocation.

Cheapest Alternatives to HBAL.TO

HBAL.TO charges 0.20% annually. There are 5 ETFs in the Diversified Portfolio category with lower expense ratios, going as low as 0.15%.

Symbol	Name	Expense Ratio	AUM	Inception
ZCON.TO	BMO Conservative ETF	0.15%	107.60M	Feb 2019	HBAL.TO vs ZCON.TO
TGRO.TO	TD Growth ETF Portfolio	0.17%	—	Aug 2020	HBAL.TO vs TGRO.TO
ZGRO.TO	BMO Growth ETF	0.18%	767.07M	Feb 2019	HBAL.TO vs ZGRO.TO
ZMI.TO	BMO Monthly Income ETF	0.18%	236.88M	Jan 2011	HBAL.TO vs ZMI.TO
ZESG.TO	BMO Balanced ESG ETF	0.18%	105.18M	Jan 2020	HBAL.TO vs ZESG.TO

Best Risk-Adjusted Alternatives to HBAL.TO

HBAL.TO has a PortfoliosLab risk / return rank of 82. There are 3 ETFs in the Diversified Portfolio category with higher risk-adjusted ranks, going as high as 93.

Symbol	Name	Risk / Return Rank	AUM	Inception
GRO.TO	Franklin Growth ETF Portfolio	93	—	Feb 2019	HBAL.TO vs GRO.TO
CEQT.TO	CI Equity Asset Allocation ETF	92	—	May 2023	HBAL.TO vs CEQT.TO
MGRW.TO	Mackenzie Growth Allocation ETF	85	—	Sep 2020	HBAL.TO vs MGRW.TO
VGRO.TO	Vanguard Growth ETF Portfolio	81	10.14B	Jan 2018	HBAL.TO vs VGRO.TO
TGRO.TO	TD Growth ETF Portfolio	80	—	Aug 2020	HBAL.TO vs TGRO.TO

Top Performing HBAL.TO Alternatives (YTD)

HBAL.TO is at 8.33% YTD. There are 13 ETFs in the Diversified Portfolio category with higher YTD returns, going as high as 13.29%.

Symbol	Name	YTD Return	AUM	Inception
GGRO.TO	iShares ESG Growth ETF Portfolio	13.29%	261.72M	Sep 2020	HBAL.TO vs GGRO.TO
CEQT.TO	CI Equity Asset Allocation ETF	13.27%	—	May 2023	HBAL.TO vs CEQT.TO
FEQT.NEO	Fidelity All-in-One Equity ETF Fund	11.26%	—	Jan 2022	HBAL.TO vs FEQT.NEO
ZGRO.TO	BMO Growth ETF	10.93%	767.07M	Feb 2019	HBAL.TO vs ZGRO.TO
VGRO.TO	Vanguard Growth ETF Portfolio	10.72%	10.14B	Jan 2018	HBAL.TO vs VGRO.TO

Lowest Volatility Alternatives to HBAL.TO

HBAL.TO has 8.31% 1-year volatility. There are 11 ETFs in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.00%.

Symbol	Name	Volatility 1Y	AUM	Inception
CSBG.NEO	CIBC Sustainable Balanced Growth Solution ETF	0.00%	—	Jun 2021	HBAL.TO vs CSBG.NEO
PYF.TO	Purpose Premium Yield Fund Series ETF	3.25%	693.10M	Nov 2018	HBAL.TO vs PYF.TO
VCIP.TO	Vanguard Conservative Income ETF Portfolio	4.78%	254.60M	Jan 2019	HBAL.TO vs VCIP.TO
XINC.TO	iShares Core Income Balanced ETF Portfolio	4.95%	124.55M	Aug 2019	HBAL.TO vs XINC.TO
VRIF.TO	Vanguard Retirement Income ETF Portfolio	5.57%	357.83M	Sep 2020	HBAL.TO vs VRIF.TO

Lowest Drawdown Alternatives to HBAL.TO

HBAL.TO has a 1-year max drawdown of -5.80%. There are 11 ETFs in the Diversified Portfolio category with shallower 1-year drawdowns, going as shallow as 0.00%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
CSBG.NEO	CIBC Sustainable Balanced Growth Solution ETF	0.00%	—	Jun 2021	HBAL.TO vs CSBG.NEO
PYF.TO	Purpose Premium Yield Fund Series ETF	-2.11%	693.10M	Nov 2018	HBAL.TO vs PYF.TO
XINC.TO	iShares Core Income Balanced ETF Portfolio	-3.65%	124.55M	Aug 2019	HBAL.TO vs XINC.TO
VCIP.TO	Vanguard Conservative Income ETF Portfolio	-3.80%	254.60M	Jan 2019	HBAL.TO vs VCIP.TO
XTR.TO	iShares Diversified Monthly Income ETF	-3.84%	378.56M	Dec 2005	HBAL.TO vs XTR.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	HBAL.TO vs CASH.TO
CBIL.TO	Global X 0-3 Month T-Bill ETF	Canadian Government Bonds	99	0.99%	2.36B	Apr 2023	HBAL.TO vs CBIL.TO
QQCL.TO	Global X Enhanced NASDAQ-100 Covered Call ETF	Nasdaq-100, Derivative Income	76	19.56%	379.27M	Oct 2023	HBAL.TO vs QQCL.TO
HXS.TO	Global X S&P 500 Index Corporate Class ETF	S&P 500	71	11.68%	7.12B	Nov 2010	HBAL.TO vs HXS.TO
HXT.TO	Global X S&P/TSX 60 Index Corporate Class ETF	Canada Equities	88	11.25%	5.30B	Sep 2010	HBAL.TO vs HXT.TO
CHPS.TO	Global X Artificial Intelligence Semiconductor Ind...	Semiconductors, Technology Equities	92	62.65%	416.39M	Jun 2021	HBAL.TO vs CHPS.TO
HSAV.TO	Global X Cash Maximizer Corporate Class ETF	Money Market	67	0.94%	1.92B	Feb 2020	HBAL.TO vs HSAV.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	Financials Equities, Equal Weight	98	30.00%	—	Jul 2023	HBAL.TO vs HBNK.TO
USCL.TO	Global X Enhanced S&P 500 Covered Call ETF	Derivative Income, S&P 500	78	12.39%	250.98M	Jul 2023	HBAL.TO vs USCL.TO
QQCC.TO	Global X NASDAQ-100 Covered Call ETF	Nasdaq-100, Derivative Income	77	15.98%	732.86M	Sep 2011	HBAL.TO vs QQCC.TO

Often Compared With HBAL.TO

Investors most often compare HBAL.TO with ZBAL.TO, TCON.TO, MIX.TO. These 14 comparison targets span 3 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ZBAL.TO	BMO Balanced ETF	Global Allocation	66	8.44%	621.59M	Jan 2022	HBAL.TO vs ZBAL.TO
TCON.TO	TD Conservative ETF Portfolio	Diversified Portfolio	69	5.90%	—	Aug 2020	HBAL.TO vs TCON.TO
MIX.TO	Hamilton Enhanced Mixed Asset ETF	Diversified Portfolio	50	4.50%	—	Apr 2025	HBAL.TO vs MIX.TO
FBAL.NEO	Fidelity All-in-One Balanced ETF	Diversified Portfolio	68	7.72%	8.96B	Jan 2021	HBAL.TO vs FBAL.NEO
XBAL.TO	iShares Core Balanced ETF Portfolio	Diversified Portfolio	63	8.27%	3.32B	Jun 2007	HBAL.TO vs XBAL.TO
XCNS.TO	iShares Core Conservative Balanced ETF Portfolio	Diversified Portfolio	68	6.11%	408.41M	Aug 2019	HBAL.TO vs XCNS.TO
VBAL.TO	Vanguard Balanced ETF Portfolio	Diversified Portfolio	71	8.40%	5.44B	Jan 2018	HBAL.TO vs VBAL.TO
GCNS.TO	iShares ESG Conservative Balanced ETF Portfolio	Diversified Portfolio	56	7.86%	78.91M	Sep 2020	HBAL.TO vs GCNS.TO
VCNS.TO	Vanguard Conservative ETF Portfolio	Diversified Portfolio	59	6.18%	893.34M	Jan 2018	HBAL.TO vs VCNS.TO
CEQP.TO	CI Equity+ Asset Allocation ETF	Diversified Portfolio	—	—	—	Jan 2026	HBAL.TO vs CEQP.TO
FGRO.NEO	Fidelity All-in-One Growth ETF	Diversified Portfolio	71	9.74%	4.70B	Jan 2021	HBAL.TO vs FGRO.NEO
GBAL.TO	iShares ESG Balanced ETF Portfolio	Diversified Portfolio	64	9.95%	266.94M	Sep 2020	HBAL.TO vs GBAL.TO
XGRO.TO	iShares Core Growth ETF Portfolio	Diversified Portfolio	71	10.58%	4.97B	Jun 2007	HBAL.TO vs XGRO.TO
HEQT.TO	Horizons All-Equity Asset Allocation ETF	Global Equities	82	13.99%	—	Sep 2019	HBAL.TO vs HEQT.TO

Compare HBAL.TO with Any Fund or Stock

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

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Pair HBAL.TO with funds that move differently

Global X Balanced Asset Allocation ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HBAL.TO.

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