HXE.TO Alternatives & Similar ETFs

Global X S&P/TSX Capped Energy Index Corporate Class ETF (HXE.TO) belongs to the Energy Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with HXE.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to HXE.TO

HXE.TO charges 0.27% annually. No ETFs in the Energy Equities category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.31%.

Symbol	Name	Expense Ratio	AUM	Inception
PPLN.TO	Global X Equal Weight Canadian Pipelines Index ETF	0.31%	—	Jul 2014	HXE.TO vs PPLN.TO
NRGY.TO	Global X Equal Weight Canadian Oil & Gas Index ETF	0.49%	261.16M	Nov 2024	HXE.TO vs NRGY.TO
XBM.TO	iShares S&P/TSX Global Base Metals Index ETF	0.60%	595.84M	Apr 2011	HXE.TO vs XBM.TO
XEG.TO	iShares S&P/TSX Capped Energy Index ETF	0.60%	2.38B	Mar 2001	HXE.TO vs XEG.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	0.60%	381.83M	Oct 2009	HXE.TO vs ZEO.TO

Best Risk-Adjusted Alternatives to HXE.TO

HXE.TO has a PortfoliosLab risk / return rank of 78. There are 8 ETFs in the Energy Equities category with higher risk-adjusted ranks, going as high as 91.

Symbol	Name	Risk / Return Rank	AUM	Inception
PPLN.TO	Global X Equal Weight Canadian Pipelines Index ETF	91	—	Jul 2014	HXE.TO vs PPLN.TO
NRGY.TO	Global X Equal Weight Canadian Oil & Gas Index ETF	91	261.16M	Nov 2024	HXE.TO vs NRGY.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	89	381.83M	Oct 2009	HXE.TO vs ZEO.TO
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	89	714.60M	Apr 2011	HXE.TO vs ENCC.TO
ENCL.TO	Global X Enhanced Canadian Oil and Gas Equity Cove...	88	271.10M	Oct 2023	HXE.TO vs ENCL.TO

Top Performing HXE.TO Alternatives (YTD)

HXE.TO is at 35.84% YTD. There are 3 ETFs in the Energy Equities category with higher YTD returns, going as high as 38.48%.

Symbol	Name	YTD Return	AUM	Inception
NNRG.NEO	Ninepoint Energy ETF	38.48%	1.38B	May 2021	HXE.TO vs NNRG.NEO
NRGY.TO	Global X Equal Weight Canadian Oil & Gas Index ETF	35.97%	261.16M	Nov 2024	HXE.TO vs NRGY.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	35.88%	381.83M	Oct 2009	HXE.TO vs ZEO.TO
XEG.TO	iShares S&P/TSX Capped Energy Index ETF	35.66%	2.38B	Mar 2001	HXE.TO vs XEG.TO
ENCL.TO	Global X Enhanced Canadian Oil and Gas Equity Cove...	35.01%	271.10M	Oct 2023	HXE.TO vs ENCL.TO

Lowest Volatility Alternatives to HXE.TO

HXE.TO has 24.54% 1-year volatility. There are 11 ETFs in the Energy Equities category with lower 1-year volatility, going as low as 15.13%.

Symbol	Name	Volatility 1Y	AUM	Inception
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	15.13%	714.60M	Apr 2011	HXE.TO vs ENCC.TO
PPLN.TO	Global X Equal Weight Canadian Pipelines Index ETF	15.26%	—	Jul 2014	HXE.TO vs PPLN.TO
CIF.TO	iShares Global Infrastructure Index ETF	15.67%	1.60B	Aug 2008	HXE.TO vs CIF.TO
ZWEN.TO	BMO Covered Call Energy ETF	17.24%	130.82M	Jan 2023	HXE.TO vs ZWEN.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	17.85%	381.83M	Oct 2009	HXE.TO vs ZEO.TO

Lowest Drawdown Alternatives to HXE.TO

HXE.TO has a 1-year max drawdown of -16.52%. There are 11 ETFs in the Energy Equities category with shallower 1-year drawdowns, going as shallow as -8.48%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	-8.48%	714.60M	Apr 2011	HXE.TO vs ENCC.TO
CIF.TO	iShares Global Infrastructure Index ETF	-9.49%	1.60B	Aug 2008	HXE.TO vs CIF.TO
ZWEN.TO	BMO Covered Call Energy ETF	-9.50%	130.82M	Jan 2023	HXE.TO vs ZWEN.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	-9.88%	381.83M	Oct 2009	HXE.TO vs ZEO.TO
NRGY.TO	Global X Equal Weight Canadian Oil & Gas Index ETF	-10.16%	261.16M	Nov 2024	HXE.TO vs NRGY.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	1.08%	6.66B	Nov 2021	HXE.TO vs CASH.TO
CBIL.TO	Global X 0-3 Month T-Bill ETF	Canadian Government Bonds	99	1.10%	2.39B	Apr 2023	HXE.TO vs CBIL.TO
QQCL.TO	Global X Enhanced NASDAQ-100 Covered Call ETF	Nasdaq-100, Derivative Income	77	20.19%	370.02M	Oct 2023	HXE.TO vs QQCL.TO
HXS.TO	Global X S&P 500 Index Corporate Class ETF	S&P 500	74	13.28%	7.49B	Nov 2010	HXE.TO vs HXS.TO
HXT.TO	Global X S&P/TSX 60 Index Corporate Class ETF	Canada Equities	92	13.41%	5.40B	Sep 2010	HXE.TO vs HXT.TO
CHPS.TO	Global X Artificial Intelligence Semiconductor Ind...	Semiconductors, Technology Equities	90	58.29%	391.52M	Jun 2021	HXE.TO vs CHPS.TO
HSAV.TO	Global X Cash Maximizer Corporate Class ETF	Money Market	66	0.97%	1.93B	Feb 2020	HXE.TO vs HSAV.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	Financials Equities, Equal Weight	98	34.79%	—	Jul 2023	HXE.TO vs HBNK.TO
USCL.TO	Global X Enhanced S&P 500 Covered Call ETF	Derivative Income, S&P 500	83	14.16%	250.73M	Jul 2023	HXE.TO vs USCL.TO
QQCC.TO	Global X NASDAQ-100 Covered Call ETF	Nasdaq-100, Derivative Income	78	16.45%	709.55M	Sep 2011	HXE.TO vs QQCC.TO

Often Compared With HXE.TO

Investors most often compare HXE.TO with OILY.TO, EFX.TO, VDY.TO. These 20 comparison targets span 16 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
OILY.TO	Evolve Canadian Energy Enhanced Yield Index Fund E...	Energy Equities	72	31.00%	—	Mar 2025	HXE.TO vs OILY.TO
EFX.TO	Enerflex Ltd.		99	61.42%	—	—	HXE.TO vs EFX.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	Dividend	99	28.26%	8.59B	Nov 2012	HXE.TO vs VDY.TO
CEW.TO	iShares Equal Weight Banc & Lifeco ETF	Financials Equities, Equal Weight	97	31.53%	435.32M	Feb 2008	HXE.TO vs CEW.TO
VCN.TO	Vanguard FTSE Canada All Cap Index ETF	Canada Equities	88	12.46%	16.37B	Aug 2013	HXE.TO vs VCN.TO
XLE	State Street Energy Select Sector SPDR ETF	Energy Equities	54	29.13%	36.33B	Dec 1998	HXE.TO vs XLE
VXC.TO	Vanguard FTSE Global All Cap ex Canada Index ETF	Global Equities	79	14.43%	3.47B	Jun 2014	HXE.TO vs VXC.TO
EMAX.TO	Hamilton Energy YIELD MAXIMIZER ETF	Energy Equities, Derivative Income	64	27.45%	494.30M	Feb 2024	HXE.TO vs EMAX.TO
ZMT.TO	BMO S&P/TSX Equal Weight Global Base Metals (CAD H...	Materials, Equal Weight	55	19.77%	79.93M	Oct 2009	HXE.TO vs ZMT.TO
VFV.TO	Vanguard S&P 500 Index ETF	S&P 500	78	13.57%	34.09B	Nov 2012	HXE.TO vs VFV.TO
NXF.TO	CI Energy Giants Covered Call ETF Common Units (CA...	Energy Equities, Derivative Income	47	24.59%	127.47M	Feb 2015	HXE.TO vs NXF.TO
VGRO.TO	Vanguard Growth ETF Portfolio	Diversified Portfolio	85	11.38%	10.51B	Jan 2018	HXE.TO vs VGRO.TO
SHLD.TO	Global X Defence Tech Index ETF	Aerospace & Defense	10	-4.38%	—	Apr 2025	HXE.TO vs SHLD.TO
PHYS.TO	Sprott Physical Gold Trust		67	-4.99%	—	—	HXE.TO vs PHYS.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	Financials Equities, Canada Equities, Leveraged Equities	98	43.53%	1.09B	Oct 2020	HXE.TO vs HCAL.TO
HDIV.TO	Hamilton Enhanced Canadian Covered Call ETF	Derivative Income	95	19.65%	1.74B	Jul 2021	HXE.TO vs HDIV.TO
ARKQ	ARK Autonomous Technology & Robotics ETF	Robotics, Technology Equities, Actively Managed	32	6.65%	2.22B	Sep 2014	HXE.TO vs ARKQ
HHIS.TO	Harvest Diversified High Income Shares ETF	Derivative Income	22	8.76%	1.87B	Jan 2025	HXE.TO vs HHIS.TO
OILU	MicroSectors Oil & Gas Exploration & Production 3X...	Leveraged Commodities	34	71.39%	65.33M	Mar 2017	HXE.TO vs OILU
SCHD	Schwab U.S. Dividend Equity ETF	Dividend	83	19.32%	98.55B	Oct 2011	HXE.TO vs SCHD

Compare HXE.TO with Any Fund or Stock

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

Symbol name

Diversifiers

Pair HXE.TO with funds that move differently

Global X S&P/TSX Capped Energy Index Corporate Class ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HXE.TO.

Explore HXE.TO Diversifiers

Global X S&P/TSX Capped Energy Index Corporate Class ETF (HXE.TO) Alternatives