HCON.TO Alternatives & Similar ETFs

Global X Conservative Asset Allocation ETF (HCON.TO) belongs to the Global Allocation category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with HCON.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to HCON.TO

HCON.TO charges 0.22% annually. There are 2 ETFs in the Global Allocation category with lower expense ratios, going as low as 0.15%.

Symbol	Name	Expense Ratio	AUM	Inception
TBAL.TO	TD Balanced ETF Portfolio	0.15%	—	Aug 2020	HCON.TO vs TBAL.TO
ZBAL.TO	BMO Balanced ETF	0.18%	591.92M	Jan 2022	HCON.TO vs ZBAL.TO
FCGI.TO	Fidelity Global Monthly High Income ETF	0.55%	44.70M	Jan 2020	HCON.TO vs FCGI.TO
ZWQT.TO	BMO Global Enhanced Income Fund Series ETF	0.87%	55.41M	Jun 2023	HCON.TO vs ZWQT.TO

Best Risk-Adjusted Alternatives to HCON.TO

HCON.TO has a PortfoliosLab risk / return rank of 62. There are 4 ETFs in the Global Allocation category with higher risk-adjusted ranks, going as high as 92.

Symbol	Name	Risk / Return Rank	AUM	Inception
ZWQT.TO	BMO Global Enhanced Income Fund Series ETF	92	55.41M	Jun 2023	HCON.TO vs ZWQT.TO
FCGI.TO	Fidelity Global Monthly High Income ETF	91	44.70M	Jan 2020	HCON.TO vs FCGI.TO
ZBAL.TO	BMO Balanced ETF	72	591.92M	Jan 2022	HCON.TO vs ZBAL.TO
TBAL.TO	TD Balanced ETF Portfolio	71	—	Aug 2020	HCON.TO vs TBAL.TO

Top Performing HCON.TO Alternatives (YTD)

HCON.TO is at 5.14% YTD. There are 4 ETFs in the Global Allocation category with higher YTD returns, going as high as 13.46%.

Symbol	Name	YTD Return	AUM	Inception
ZWQT.TO	BMO Global Enhanced Income Fund Series ETF	13.46%	55.41M	Jun 2023	HCON.TO vs ZWQT.TO
FCGI.TO	Fidelity Global Monthly High Income ETF	8.07%	44.70M	Jan 2020	HCON.TO vs FCGI.TO
ZBAL.TO	BMO Balanced ETF	8.07%	591.92M	Jan 2022	HCON.TO vs ZBAL.TO
TBAL.TO	TD Balanced ETF Portfolio	7.35%	—	Aug 2020	HCON.TO vs TBAL.TO

Lowest Volatility Alternatives to HCON.TO

HCON.TO has 6.69% 1-year volatility. No ETFs in the Global Allocation category have lower 1-year volatility; the lowest-volatility alternatives shown here go as low as 6.74%.

Symbol	Name	Volatility 1Y	AUM	Inception
FCGI.TO	Fidelity Global Monthly High Income ETF	6.74%	44.70M	Jan 2020	HCON.TO vs FCGI.TO
TBAL.TO	TD Balanced ETF Portfolio	7.78%	—	Aug 2020	HCON.TO vs TBAL.TO
ZBAL.TO	BMO Balanced ETF	8.38%	591.92M	Jan 2022	HCON.TO vs ZBAL.TO
ZWQT.TO	BMO Global Enhanced Income Fund Series ETF	9.40%	55.41M	Jun 2023	HCON.TO vs ZWQT.TO

Lowest Drawdown Alternatives to HCON.TO

HCON.TO has a 1-year max drawdown of -4.71%. There is 1 ETF in the Global Allocation category with a shallower 1-year drawdown, going as shallow as -3.91%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
FCGI.TO	Fidelity Global Monthly High Income ETF	-3.91%	44.70M	Jan 2020	HCON.TO vs FCGI.TO
ZWQT.TO	BMO Global Enhanced Income Fund Series ETF	-5.47%	55.41M	Jun 2023	HCON.TO vs ZWQT.TO
ZBAL.TO	BMO Balanced ETF	-5.81%	591.92M	Jan 2022	HCON.TO vs ZBAL.TO
TBAL.TO	TD Balanced ETF Portfolio	-5.98%	—	Aug 2020	HCON.TO vs TBAL.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	HCON.TO vs CASH.TO
CBIL.TO	Global X 0-3 Month T-Bill ETF	Canadian Government Bonds	99	0.85%	2.27B	Apr 2023	HCON.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	HCON.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	HCON.TO vs HXS.TO
HXT.TO	Global X S&P/TSX 60 Corporate Class ETF	Canada Equities	81	10.03%	5.16B	Sep 2010	HCON.TO vs HXT.TO
HSAV.TO	Global X Cash Maximizer Corporate Class ETF	Bank Loan	66	1.04%	1.92B	Feb 2020	HCON.TO vs HSAV.TO
CHPS.TO	Global X Artificial Intelligence Semiconductor Ind...	Semiconductors, Technology Equities	94	66.03%	342.08M	Jun 2021	HCON.TO vs CHPS.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	Financials Equities	96	18.85%	—	Jul 2023	HCON.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	HCON.TO vs USCL.TO
QQCC.TO	Global X NASDAQ-100 Covered Call ETF	Nasdaq-100, Derivative Income	82	16.94%	713.85M	Sep 2011	HCON.TO vs QQCC.TO

Often Compared With HCON.TO

Investors most often compare HCON.TO with HEQT.TO. These 1 comparison targets span 1 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
HEQT.TO	Horizons All-Equity Asset Allocation ETF	Global Equities	80	13.56%	—	Sep 2019	HCON.TO vs HEQT.TO

Compare HCON.TO with Any Fund or Stock

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

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Diversifiers

Pair HCON.TO with funds that move differently

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

Explore HCON.TO Diversifiers

Global X Conservative Asset Allocation ETF (HCON.TO) Alternatives