HFG.TO Alternatives & Similar ETFs

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

Cheapest Alternatives to HFG.TO

Among 20 ETFs in the Financials Equities category with expense-ratio data, the lowest-cost alternatives shown here go as low as 0.09%.

Symbol	Name	Expense Ratio	AUM	Inception
HBNK.TO	Global X Equal Weight Banks Index ETF	0.09%	—	Jul 2023	HFG.TO vs HBNK.TO
HEB.TO	Hamilton Canadian Bank Equal-Weight Index ETF	0.19%	1.44B	Apr 2023	HFG.TO vs HEB.TO
XUSF.TO	iShares S&P U.S. Financials Index ETF	0.25%	—	Sep 2023	HFG.TO vs XUSF.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	0.25%	7.20B	Oct 2009	HFG.TO vs ZEB.TO
HXF.TO	Global X S&P/TSX Capped Financials Index Corporate...	0.25%	132.91M	Sep 2013	HFG.TO vs HXF.TO

Best Risk-Adjusted Alternatives to HFG.TO

HFG.TO has a PortfoliosLab risk / return rank of 42. There are 21 ETFs in the Financials Equities category with higher risk-adjusted ranks, going as high as 98.

Symbol	Name	Risk / Return Rank	AUM	Inception
CBNK.TO	Mulvihill Canadian Bank Enhanced Yield ETF	98	—	Feb 2022	HFG.TO vs CBNK.TO
BNKL.TO	Global X Enhanced Equal Weight Banks Index ETF	98	—	Jul 2023	HFG.TO vs BNKL.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	98	1.09B	Oct 2020	HFG.TO vs HCAL.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	98	—	Jul 2023	HFG.TO vs HBNK.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	98	7.20B	Oct 2009	HFG.TO vs ZEB.TO

Top Performing HFG.TO Alternatives (YTD)

HFG.TO is at 7.76% YTD. There are 23 ETFs in the Financials Equities category with higher YTD returns, going as high as 55.99%.

Symbol	Name	YTD Return	AUM	Inception
CFOU.TO	BetaPro S&P/TSX Capped Financials 2x Daily Bull ET...	55.99%	86.75M	Jun 2007	HFG.TO vs CFOU.TO
CBNK.TO	Mulvihill Canadian Bank Enhanced Yield ETF	49.92%	—	Feb 2022	HFG.TO vs CBNK.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	46.44%	1.09B	Oct 2020	HFG.TO vs HCAL.TO
BNKL.TO	Global X Enhanced Equal Weight Banks Index ETF	45.84%	—	Jul 2023	HFG.TO vs BNKL.TO
RBNK.TO	RBC Canadian Bank Yield Index ETF	37.31%	508.88M	Oct 2017	HFG.TO vs RBNK.TO

Lowest Volatility Alternatives to HFG.TO

HFG.TO has 13.10% 1-year volatility. There are 7 ETFs in the Financials Equities category with lower 1-year volatility, going as low as 9.22%.

Symbol	Name	Volatility 1Y	AUM	Inception
FIE.TO	iShares Canadian Financial Monthly Income ETF	9.22%	1.44B	Apr 2010	HFG.TO vs FIE.TO
HPYB.TO	Harvest Premium Yield Canadian Bank ETF	11.82%	—	Jan 2026	HFG.TO vs HPYB.TO
CIC.TO	CI Canadian Banks Covered Call Income Class ETF	11.87%	358.67M	Aug 2010	HFG.TO vs CIC.TO
ZWB.TO	BMO Covered Call Canadian Banks ETF	12.01%	4.84B	Jan 2011	HFG.TO vs ZWB.TO
CEW.TO	iShares Equal Weight Banc & Lifeco ETF	12.09%	435.32M	Feb 2008	HFG.TO vs CEW.TO

Lowest Drawdown Alternatives to HFG.TO

HFG.TO has a 1-year max drawdown of -10.95%. There are 15 ETFs in the Financials Equities category with shallower 1-year drawdowns, going as shallow as -7.13%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
CEW.TO	iShares Equal Weight Banc & Lifeco ETF	-7.13%	435.32M	Feb 2008	HFG.TO vs CEW.TO
FIE.TO	iShares Canadian Financial Monthly Income ETF	-7.19%	1.44B	Apr 2010	HFG.TO vs FIE.TO
XFN.TO	iShares S&P/TSX Capped Financials Index ETF	-7.80%	2.34B	Mar 2001	HFG.TO vs XFN.TO
ZWB.TO	BMO Covered Call Canadian Banks ETF	-7.82%	4.84B	Jan 2011	HFG.TO vs ZWB.TO
HXF.TO	Global X S&P/TSX Capped Financials Index Corporate...	-7.94%	132.91M	Sep 2013	HFG.TO vs HXF.TO

Other ETFs from Hamilton

The 10 most viewed Hamilton ETFs shown here include HCA.TO, LMAX.TO, QMVP.TO and span 8 categories. AUM among these funds goes as high as $932M.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
HCA.TO	Hamilton Canadian Bank Mean Reversion Index ETF	Canada Equities	98	37.85%	107.00M	Jun 2020	HFG.TO vs HCA.TO
LMAX.TO	Hamilton Healthcare Yield Maximizer ETF	Health & Biotech Equities	31	2.13%	219.20M	Feb 2024	HFG.TO vs LMAX.TO
QMVP.TO	Hamilton Champions U.S. Technology Index ETF	Technology Equities	—	—	349.70M	Jan 2026	HFG.TO vs QMVP.TO
CWIN.TO	HAMILTON CHAMPIONS Enhanced Canadian Dividend ETF ...	Dividend	95	21.69%	—	Jan 2025	HFG.TO vs CWIN.TO
MIX.TO	Hamilton Enhanced Mixed Asset ETF	Diversified Portfolio	54	5.73%	—	Apr 2025	HFG.TO vs MIX.TO
HYLD-U.TO	Hamilton Enhanced U.S. Covered Call ETF (USD)	Derivative Income	78	16.64%	931.81M	Feb 2022	HFG.TO vs HYLD-U.TO
HBA.TO	Hamilton Australian Bank Equal-Weight Index ETF	Financials Equities	20	4.47%	135.50M	Jun 2020	HFG.TO vs HBA.TO
FMAX.TO	Hamilton U.S. Financials Yield Maximizer ETF	Financials Equities	18	1.74%	193.20M	Feb 2024	HFG.TO vs FMAX.TO
HUTS.TO	Hamilton Enhanced Utilities ETF	Utilities Equities	90	17.34%	235.60M	Sep 2022	HFG.TO vs HUTS.TO
UMVP.TO	Hamilton Champions Utilities Index ETF	Utilities Equities	—	—	300.40M	Jan 2026	HFG.TO vs UMVP.TO

Compare HFG.TO with Any Fund or Stock

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

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Diversifiers

Pair HFG.TO with funds that move differently

Hamilton Global Financials ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HFG.TO.

Explore HFG.TO Diversifiers

Hamilton Global Financials ETF (HFG.TO) Alternatives