HUG.TO Alternatives & Similar ETFs

Global X Gold ETF (HUG.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 HUG.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to HUG.TO

HUG.TO charges 0.54% annually. There are 5 ETFs in the Gold category with lower expense ratios, going as low as 0.23%.

Symbol	Name	Expense Ratio	AUM	Inception
ZGLD.TO	BMO Gold Bullion ETF (CAD Units)	0.23%	—	Mar 2024	HUG.TO vs ZGLD.TO
ZGLH.TO	BMO Gold Bullion Hedged to CAD ETF	0.23%	—	Mar 2024	HUG.TO vs ZGLH.TO
KILO.TO	Purpose Gold Bullion Fund	0.28%	1.10B	Oct 2018	HUG.TO vs KILO.TO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	0.28%	—	Oct 2018	HUG.TO vs KILO-B.TO
HGGG.TO	Harvest Global Gold Giants Index ETF	0.40%	44.36M	Jan 2019	HUG.TO vs HGGG.TO

Best Risk-Adjusted Alternatives to HUG.TO

HUG.TO has a PortfoliosLab risk / return rank of 19. There are 13 ETFs in the Gold category with higher risk-adjusted ranks, going as high as 38.

Symbol	Name	Risk / Return Rank	AUM	Inception
HGGG.TO	Harvest Global Gold Giants Index ETF	38	44.36M	Jan 2019	HUG.TO vs HGGG.TO
GLDX.TO	Global X Gold Producers Index ETF	35	—	Nov 2024	HUG.TO vs GLDX.TO
XGD.TO	iShares S&P/TSX Global Gold Index ETF	34	3.65B	Mar 2001	HUG.TO vs XGD.TO
ZJG.TO	BMO Junior Gold Index ETF	34	178.55M	Jan 2010	HUG.TO vs ZJG.TO
ZGD.TO	BMO Equal Weight Global Gold Index ETF	31	306.01M	Nov 2012	HUG.TO vs ZGD.TO

Top Performing HUG.TO Alternatives (YTD)

HUG.TO is at -6.22% YTD. There are 9 ETFs in the Gold category with higher YTD returns, going as high as -1.26%.

Symbol	Name	YTD Return	AUM	Inception
ZGLD.TO	BMO Gold Bullion ETF (CAD Units)	-1.26%	—	Mar 2024	HUG.TO vs ZGLD.TO
CGL-C.TO	iShares Gold Bullion ETF	-1.35%	—	Mar 2011	HUG.TO vs CGL-C.TO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	-1.48%	—	Oct 2018	HUG.TO vs KILO-B.TO
ZGD.TO	BMO Equal Weight Global Gold Index ETF	-1.70%	306.01M	Nov 2012	HUG.TO vs ZGD.TO
XGD.TO	iShares S&P/TSX Global Gold Index ETF	-3.25%	3.65B	Mar 2001	HUG.TO vs XGD.TO

Lowest Volatility Alternatives to HUG.TO

HUG.TO has 27.43% 1-year volatility. There are 5 ETFs in the Gold category with lower 1-year volatility, going as low as 24.87%.

Symbol	Name	Volatility 1Y	AUM	Inception
HGY.TO	Global X Gold Yield ETF	24.87%	191.55M	Dec 2010	HUG.TO vs HGY.TO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	25.95%	—	Oct 2018	HUG.TO vs KILO-B.TO
ZGLD.TO	BMO Gold Bullion ETF (CAD Units)	26.30%	—	Mar 2024	HUG.TO vs ZGLD.TO
CGL-C.TO	iShares Gold Bullion ETF	26.30%	—	Mar 2011	HUG.TO vs CGL-C.TO
KILO.TO	Purpose Gold Bullion Fund	27.23%	1.10B	Oct 2018	HUG.TO vs KILO.TO

Lowest Drawdown Alternatives to HUG.TO

HUG.TO has a 1-year max drawdown of -25.13%. There are 6 ETFs in the Gold category with shallower 1-year drawdowns, going as shallow as -22.06%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
ZGLD.TO	BMO Gold Bullion ETF (CAD Units)	-22.06%	—	Mar 2024	HUG.TO vs ZGLD.TO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	-22.10%	—	Oct 2018	HUG.TO vs KILO-B.TO
CGL-C.TO	iShares Gold Bullion ETF	-22.11%	—	Mar 2011	HUG.TO vs CGL-C.TO
HGY.TO	Global X Gold Yield ETF	-22.37%	191.55M	Dec 2010	HUG.TO vs HGY.TO
KILO.TO	Purpose Gold Bullion Fund	-24.90%	1.10B	Oct 2018	HUG.TO vs KILO.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	HUG.TO vs CASH.TO
CBIL.TO	Global X 0-3 Month T-Bill ETF	Canadian Government Bonds	99	0.97%	2.36B	Apr 2023	HUG.TO vs CBIL.TO
QQCL.TO	Global X Enhanced NASDAQ-100 Covered Call ETF	Nasdaq-100, Derivative Income	76	20.21%	379.27M	Oct 2023	HUG.TO vs QQCL.TO
HXS.TO	Global X S&P 500 Index Corporate Class ETF	S&P 500	69	11.68%	7.12B	Nov 2010	HUG.TO vs HXS.TO
HXT.TO	Global X S&P/TSX 60 Index Corporate Class ETF	Canada Equities	86	11.58%	5.30B	Sep 2010	HUG.TO vs HXT.TO
CHPS.TO	Global X Artificial Intelligence Semiconductor Ind...	Semiconductors, Technology Equities	92	62.84%	416.39M	Jun 2021	HUG.TO vs CHPS.TO
HSAV.TO	Global X Cash Maximizer Corporate Class ETF	Money Market	61	0.90%	1.92B	Feb 2020	HUG.TO vs HSAV.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	Financials Equities, Equal Weight	97	30.68%	—	Jul 2023	HUG.TO vs HBNK.TO
USCL.TO	Global X Enhanced S&P 500 Covered Call ETF	Derivative Income, S&P 500	76	12.30%	250.98M	Jul 2023	HUG.TO vs USCL.TO
QQCC.TO	Global X NASDAQ-100 Covered Call ETF	Nasdaq-100, Derivative Income	77	16.46%	732.86M	Sep 2011	HUG.TO vs QQCC.TO

Often Compared With HUG.TO

Investors most often compare HUG.TO with CGL.TO, VALT.TO, XEQT.TO. These 15 comparison targets span 7 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
CGL.TO	iShares Gold Bullion ETF (CAD-Hedged)	Gold, Precious Metals	19	-5.72%	2.02B	May 2009	HUG.TO vs CGL.TO
VALT.TO	CI Gold Bullion Fund		20	-5.22%	—	—	HUG.TO vs VALT.TO
XEQT.TO	iShares Core Equity ETF Portfolio	Global Equities	80	12.92%	19.56B	Aug 2019	HUG.TO vs XEQT.TO
SVR-C.TO	iShares Silver Bullion ETF (Non-Hedged)	Silver, Precious Metals	35	-10.93%	—	Mar 2011	HUG.TO vs SVR-C.TO
PHYS.TO	Sprott Physical Gold Trust		65	-3.00%	—	—	HUG.TO vs PHYS.TO
MNT.TO	Royal Canadian Mint - Canadian Gold Reserves	Gold, Precious Metals	18	-6.93%	1.20B	—	HUG.TO vs MNT.TO
GLCL.TO	Global X Enhanced Gold Producer Equity Covered Cal...	Gold, Precious Metals	—	—	—	Apr 2025	HUG.TO vs GLCL.TO
CGXF.TO	CI Gold+ Giants Covered Call ETF Common	Gold, Precious Metals	24	-8.39%	243.61M	Mar 2022	HUG.TO vs CGXF.TO
GLCC.TO	Global X Gold Producer Equity Covered Call ETF	Derivative Income, Gold, Precious Metals	30	-6.77%	589.70M	Apr 2011	HUG.TO vs GLCC.TO
AMAX.TO	Hamilton Gold Producer YIELD MAXIMIZER ETF	Gold, Derivative Income, Precious Metals	25	-7.81%	504.60M	Feb 2024	HUG.TO vs AMAX.TO
ZCOM.NEO	BMO Broad Commodity ETF (CAD Units)	Commodities	—	19.48%	—	Oct 2025	HUG.TO vs ZCOM.NEO
GLDM	SPDR Gold MiniShares Trust	Gold, Precious Metals	22	-4.72%	28.75B	Jun 2018	HUG.TO vs GLDM
HUC.TO	Global X Crude Oil ETF	Oil & Gas	17	25.79%	48.02M	Jun 2009	HUG.TO vs HUC.TO
HUN.TO	Global X Natural Gas ETF	Oil & Gas	3	-6.70%	8.56M	Jun 2009	HUG.TO vs HUN.TO
CCOM.TO	CI Auspice Broad Commodity Fund ETF Hedged Units	Commodities	52	11.27%	—	May 2023	HUG.TO vs CCOM.TO

Compare HUG.TO with Any Fund or Stock

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

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Pair HUG.TO with funds that move differently

Global X Gold ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HUG.TO.

Explore HUG.TO Diversifiers

Global X Gold ETF (HUG.TO) Alternatives