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
XCLN.TO	iShares Global Clean Energy Index ETF	0.35%	—	Apr 2022	HXE.TO vs XCLN.TO
ZCLN.TO	BMO Clean Energy Index ETF	0.39%	—	Jan 2021	HXE.TO vs ZCLN.TO
HCLN.TO	Harvest Clean Energy ETF	0.40%	19.79M	Jan 2021	HXE.TO vs HCLN.TO
ENBE.TO	Harvest Enbridge Enhanced High Income Shares ETF	0.40%	—	Aug 2025	HXE.TO vs ENBE.TO

Best Risk-Adjusted Alternatives to HXE.TO

HXE.TO has a PortfoliosLab risk / return rank of 87. There are 8 ETFs in the Energy Equities category with higher risk-adjusted ranks, going as high as 93.

Symbol	Name	Risk / Return Rank	AUM	Inception
NRGY.TO	Global X Equal Weight Canadian Oil & Gas Index ETF	93	294.44M	Nov 2024	HXE.TO vs NRGY.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	92	465.06M	Oct 2009	HXE.TO vs ZEO.TO
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	92	784.46M	Apr 2011	HXE.TO vs ENCC.TO
ENCL.TO	Global X Enhanced Canadian Oil and Gas Equity Cove...	92	295.63M	Oct 2023	HXE.TO vs ENCL.TO
PPLN.TO	Global X Equal Weight Canadian Pipelines Index ETF	90	—	Jul 2014	HXE.TO vs PPLN.TO

Top Performing HXE.TO Alternatives (YTD)

HXE.TO is at 46.03% YTD. There is 1 ETF in the Energy Equities category with a higher YTD return, going as high as 46.30%.

Symbol	Name	YTD Return	AUM	Inception
XEG.TO	iShares S&P/TSX Capped Energy Index ETF	46.30%	2.32B	Mar 2001	HXE.TO vs XEG.TO
NNRG.NEO	Ninepoint Energy ETF	44.55%	1.38B	May 2021	HXE.TO vs NNRG.NEO
NRGY.TO	Global X Equal Weight Canadian Oil & Gas Index ETF	40.65%	294.44M	Nov 2024	HXE.TO vs NRGY.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	40.57%	465.06M	Oct 2009	HXE.TO vs ZEO.TO
ENCL.TO	Global X Enhanced Canadian Oil and Gas Equity Cove...	39.90%	295.63M	Oct 2023	HXE.TO vs ENCL.TO

Lowest Volatility Alternatives to HXE.TO

HXE.TO has 25.05% 1-year volatility. There are 14 ETFs in the Energy Equities category with lower 1-year volatility, going as low as 15.41%.

Symbol	Name	Volatility 1Y	AUM	Inception
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	15.41%	784.46M	Apr 2011	HXE.TO vs ENCC.TO
PPLN.TO	Global X Equal Weight Canadian Pipelines Index ETF	15.60%	—	Jul 2014	HXE.TO vs PPLN.TO
CIF.TO	iShares Global Infrastructure Index ETF	16.03%	1.59B	Aug 2008	HXE.TO vs CIF.TO
ZWEN.TO	BMO Covered Call Energy ETF	17.20%	132.94M	Jan 2023	HXE.TO vs ZWEN.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	18.18%	465.06M	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 13 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%	784.46M	Apr 2011	HXE.TO vs ENCC.TO
CIF.TO	iShares Global Infrastructure Index ETF	-9.49%	1.59B	Aug 2008	HXE.TO vs CIF.TO
ZWEN.TO	BMO Covered Call Energy ETF	-9.50%	132.94M	Jan 2023	HXE.TO vs ZWEN.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	-9.88%	465.06M	Oct 2009	HXE.TO vs ZEO.TO
NRGY.TO	Global X Equal Weight Canadian Oil & Gas Index ETF	-10.16%	294.44M	Nov 2024	HXE.TO vs NRGY.TO

Other ETFs from Global X

The 10 most viewed Global X ETFs shown here include CASH.TO, HXQ.TO, CBIL.TO and span 11 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	1.20%	6.55B	Nov 2021	HXE.TO vs CASH.TO
HXQ.TO	Global X Nasdaq-100 Index Corporate Class ETF	Nasdaq-100	49	14.56%	1.73B	Apr 2016	HXE.TO vs HXQ.TO
CBIL.TO	Global X 0-3 Month T-Bill ETF	Canadian Government Bonds	99	1.23%	2.56B	Apr 2023	HXE.TO vs CBIL.TO
QQCL.TO	Global X Enhanced NASDAQ-100 Covered Call ETF	Nasdaq-100, Derivative Income	54	14.15%	353.68M	Oct 2023	HXE.TO vs QQCL.TO
HXS.TO	Global X S&P 500 Index Corporate Class ETF	S&P 500	67	12.29%	7.40B	Nov 2010	HXE.TO vs HXS.TO
HXT.TO	Global X S&P/TSX 60 Index Corporate Class ETF	Canada Equities	93	13.38%	5.48B	Sep 2010	HXE.TO vs HXT.TO
CHPS.TO	Global X Artificial Intelligence Semiconductor Ind...	Artificial Intelligence, Semiconductors, Technology Equities	78	44.43%	370.09M	Jun 2021	HXE.TO vs CHPS.TO
HSAV.TO	Global X Cash Maximizer Corporate Class ETF	Money Market	63	1.00%	1.93B	Feb 2020	HXE.TO vs HSAV.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	Financials Equities, Equal Weight	98	33.04%	—	Jul 2023	HXE.TO vs HBNK.TO
USCL.TO	Global X Enhanced S&P 500 Covered Call ETF	Derivative Income, S&P 500	77	13.52%	244.05M	Jul 2023	HXE.TO vs USCL.TO

Often Compared With HXE.TO

Investors most often compare HXE.TO with OILY.TO, EFX.TO, VDY.TO. These 20 comparison targets span 19 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	82	36.54%	—	Mar 2025	HXE.TO vs OILY.TO
EFX.TO	Enerflex Ltd.		98	47.92%	—	—	HXE.TO vs EFX.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	Dividend	99	28.99%	8.59B	Nov 2012	HXE.TO vs VDY.TO
CEW.TO	iShares Equal Weight Banc & Lifeco ETF	Financials Equities, Equal Weight	98	32.21%	438.68M	Feb 2008	HXE.TO vs CEW.TO
VCN.TO	Vanguard FTSE Canada All Cap Index ETF	Canada Equities	90	12.26%	16.37B	Aug 2013	HXE.TO vs VCN.TO
XLE	State Street Energy Select Sector SPDR ETF	Energy Equities	75	33.31%	38.64B	Dec 1998	HXE.TO vs XLE
XBM.TO	iShares S&P/TSX Global Base Metals Index ETF	Materials, Metals	67	13.75%	575.81M	Apr 2011	HXE.TO vs XBM.TO
EMAX.TO	Hamilton Energy YIELD MAXIMIZER ETF	Energy Equities, Derivative Income	78	32.75%	538.30M	Feb 2024	HXE.TO vs EMAX.TO
VXC.TO	Vanguard FTSE Global All Cap ex Canada Index ETF	Global Equities	76	13.53%	3.47B	Jun 2014	HXE.TO vs VXC.TO
ZMT.TO	BMO S&P/TSX Equal Weight Global Base Metals (CAD H...	Materials, Equal Weight	60	13.98%	76.94M	Oct 2009	HXE.TO vs ZMT.TO
VFV.TO	Vanguard S&P 500 Index ETF	S&P 500	70	12.34%	34.09B	Nov 2012	HXE.TO vs VFV.TO
VGRO.TO	Vanguard Growth ETF Portfolio	Diversified Portfolio	84	10.56%	10.51B	Jan 2018	HXE.TO vs VGRO.TO
NXF.TO	CI Energy Giants Covered Call ETF Common Units (CA...	Energy Equities, Derivative Income, Options Trading, Actively Managed	66	34.00%	140.96M	Feb 2015	HXE.TO vs NXF.TO
HDIV.TO	Hamilton Enhanced Canadian Covered Call ETF	Derivative Income	95	18.30%	1.79B	Jul 2021	HXE.TO vs HDIV.TO
SHLD.TO	Global X Defence Tech Index ETF	Aerospace & Defense	15	-0.04%	—	Apr 2025	HXE.TO vs SHLD.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	Financials Equities, Canada Equities, Leveraged Equities	98	41.03%	1.09B	Oct 2020	HXE.TO vs HCAL.TO
PHYS.TO	Sprott Physical Gold Trust		66	-5.27%	—	—	HXE.TO vs PHYS.TO
ARKQ	ARK Autonomous Technology & Robotics ETF	Robotics, Technology Equities, Actively Managed	31	3.45%	2.22B	Sep 2014	HXE.TO vs ARKQ
OILU	MicroSectors Oil & Gas Exploration & Production 3X...	Leveraged Equities, Energy Equities, Oil & Gas	56	87.02%	65.33M	Nov 2021	HXE.TO vs OILU
QQCC.TO	Global X NASDAQ-100 Covered Call ETF	Nasdaq-100, Derivative Income	53	11.50%	683.57M	Sep 2011	HXE.TO vs QQCC.TO

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