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
XBM.TO	iShares S&P/TSX Global Base Metals Index ETF	0.60%	658.13M	Apr 2011	HXE.TO vs XBM.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	0.60%	340.76M	Oct 2009	HXE.TO vs ZEO.TO
OILY.TO	Evolve Canadian Energy Enhanced Yield Index Fund E...	0.60%	—	Mar 2025	HXE.TO vs OILY.TO
ZMT.TO	BMO S&P/TSX Equal Weight Global Base Metals (CAD H...	0.61%	85.01M	Oct 2009	HXE.TO vs ZMT.TO

Best Risk-Adjusted Alternatives to HXE.TO

HXE.TO has a PortfoliosLab risk / return rank of 86. No ETFs in the Energy Equities category have higher risk-adjusted ranks; the top alternatives shown here go as high as 86.

Symbol	Name	Risk / Return Rank	AUM	Inception
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	86	340.76M	Oct 2009	HXE.TO vs ZEO.TO
XEG.TO	iShares S&P/TSX Capped Energy Index ETF	86	2.28B	Mar 2001	HXE.TO vs XEG.TO
XBM.TO	iShares S&P/TSX Global Base Metals Index ETF	85	658.13M	Apr 2011	HXE.TO vs XBM.TO
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	85	759.08M	Apr 2011	HXE.TO vs ENCC.TO
NNRG.NEO	Ninepoint Energy ETF	79	1.38B	May 2021	HXE.TO vs NNRG.NEO

Top Performing HXE.TO Alternatives (YTD)

HXE.TO is at 44.48% YTD. There is 1 ETF in the Energy Equities category with a higher YTD return, going as high as 45.59%.

Symbol	Name	YTD Return	AUM	Inception
NNRG.NEO	Ninepoint Energy ETF	45.59%	1.38B	May 2021	HXE.TO vs NNRG.NEO
XEG.TO	iShares S&P/TSX Capped Energy Index ETF	44.34%	2.28B	Mar 2001	HXE.TO vs XEG.TO
ZMT.TO	BMO S&P/TSX Equal Weight Global Base Metals (CAD H...	39.44%	85.01M	Oct 2009	HXE.TO vs ZMT.TO
XBM.TO	iShares S&P/TSX Global Base Metals Index ETF	38.48%	658.13M	Apr 2011	HXE.TO vs XBM.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	37.72%	340.76M	Oct 2009	HXE.TO vs ZEO.TO

Lowest Volatility Alternatives to HXE.TO

HXE.TO has 23.30% 1-year volatility. There are 9 ETFs in the Energy Equities category with lower 1-year volatility, going as low as 14.08%.

Symbol	Name	Volatility 1Y	AUM	Inception
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	14.08%	759.08M	Apr 2011	HXE.TO vs ENCC.TO
PPLN.TO	Global X Equal Weight Canadian Pipelines Index ETF	14.40%	—	Jul 2014	HXE.TO vs PPLN.TO
CIF.TO	iShares Global Infrastructure Index ETF	15.23%	1.44B	Aug 2008	HXE.TO vs CIF.TO
ZWEN.TO	BMO Covered Call Energy ETF	16.69%	133.70M	Jan 2023	HXE.TO vs ZWEN.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	16.92%	340.76M	Oct 2009	HXE.TO vs ZEO.TO

Lowest Drawdown Alternatives to HXE.TO

HXE.TO has a 1-year max drawdown of -10.88%. There are 7 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%	759.08M	Apr 2011	HXE.TO vs ENCC.TO
NXF.TO	CI Energy Giants Covered Call ETF Common Units (CA...	-9.41%	116.31M	Feb 2015	HXE.TO vs NXF.TO
ZWEN.TO	BMO Covered Call Energy ETF	-9.50%	133.70M	Jan 2023	HXE.TO vs ZWEN.TO
CIF.TO	iShares Global Infrastructure Index ETF	-9.50%	1.44B	Aug 2008	HXE.TO vs CIF.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	-9.54%	340.76M	Oct 2009	HXE.TO vs ZEO.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	HXE.TO vs CASH.TO
CBIL.TO	Global X 0-3 Month T-Bill ETF	Canadian Government Bonds	99	0.85%	2.27B	Apr 2023	HXE.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	HXE.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	HXE.TO vs HXS.TO
HXT.TO	Global X S&P/TSX 60 Corporate Class ETF	Canada Equities	81	10.03%	5.16B	Sep 2010	HXE.TO vs HXT.TO
HSAV.TO	Global X Cash Maximizer Corporate Class ETF	Bank Loan	66	1.04%	1.92B	Feb 2020	HXE.TO vs HSAV.TO
CHPS.TO	Global X Artificial Intelligence Semiconductor Ind...	Semiconductors, Technology Equities	94	66.03%	342.08M	Jun 2021	HXE.TO vs CHPS.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	Financials Equities	96	18.85%	—	Jul 2023	HXE.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	HXE.TO vs USCL.TO
QQCC.TO	Global X NASDAQ-100 Covered Call ETF	Nasdaq-100, Derivative Income	82	16.94%	713.85M	Sep 2011	HXE.TO vs QQCC.TO

Often Compared With HXE.TO

Investors most often compare HXE.TO with EFX.TO, VDY.TO, CEW.TO. These 19 comparison targets span 13 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
EFX.TO	Enerflex Ltd.		99	70.76%	—	—	HXE.TO vs EFX.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	Dividend	98	20.59%	7.99B	Nov 2012	HXE.TO vs VDY.TO
CEW.TO	iShares Equal Weight Banc & Lifeco ETF	Financials Equities	94	15.99%	381.54M	Feb 2008	HXE.TO vs CEW.TO
XLE	State Street Energy Select Sector SPDR ETF	Energy Equities	63	32.17%	38.95B	Dec 1998	HXE.TO vs XLE
VCN.TO	Vanguard FTSE Canada All Cap Index ETF	Canada Equities	77	10.48%	15.96B	Aug 2013	HXE.TO vs VCN.TO
VXC.TO	Vanguard FTSE Global All Cap ex Canada Index ETF	Global Equities	75	13.63%	3.45B	Jun 2014	HXE.TO vs VXC.TO
EMAX.TO	Hamilton Energy YIELD MAXIMIZER ETF	Energy Equities, Derivative Income	70	30.76%	476.70M	Feb 2024	HXE.TO vs EMAX.TO
VFV.TO	Vanguard S&P 500 Index ETF	S&P 500	74	12.30%	32.85B	Nov 2012	HXE.TO vs VFV.TO
VGRO.TO	Vanguard Growth ETF Portfolio	Diversified Portfolio	76	10.34%	10.14B	Jan 2018	HXE.TO vs VGRO.TO
SHLD.TO	Global X Defence Tech Index ETF	Aerospace & Defense	15	-1.13%	—	Apr 2025	HXE.TO vs SHLD.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	Leveraged Equities	96	23.54%	959.30M	Oct 2020	HXE.TO vs HCAL.TO
HDIV.TO	Hamilton Enhanced Canadian Covered Call ETF	Derivative Income	92	16.21%	1.63B	Jul 2021	HXE.TO vs HDIV.TO
HHIS.TO	Harvest Diversified High Income Shares ETF	Derivative Income	32	9.32%	1.82B	Jan 2025	HXE.TO vs HHIS.TO
OILU	MicroSectors Oil & Gas Exploration & Production 3X...	Leveraged Commodities	52	96.53%	33.55M	Mar 2017	HXE.TO vs OILU
SHLD	Global X Defense Tech ETF	Aerospace & Defense	15	-2.28%	7.99B	Sep 2023	HXE.TO vs SHLD
ARKQ	ARK Autonomous Technology & Robotics ETF	Technology Equities, Robotics	62	21.08%	2.11B	Sep 2014	HXE.TO vs ARKQ
XLK	State Street Technology Select Sector SPDR ETF	Technology Equities	83	36.47%	121.66B	Dec 1998	HXE.TO vs XLK
PHYS.TO	Sprott Physical Gold Trust		73	2.89%	—	—	HXE.TO vs PHYS.TO
SCHD	Schwab U.S. Dividend Equity ETF	Dividend	80	19.01%	94.95B	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.

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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