HXEM.TO Alternatives & Similar ETFs

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

Cheapest Alternatives to HXEM.TO

HXEM.TO charges 0.25% annually. No ETFs in the Emerging Markets Equities category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.25%.

Symbol	Name	Expense Ratio	AUM	Inception
VEE.TO	Vanguard FTSE Emerging Markets All Cap Index ETF	0.25%	4.45B	Nov 2011	HXEM.TO vs VEE.TO
ZEM.TO	BMO MSCI Emerging Markets Index ETF	0.27%	3.37B	Oct 2009	HXEM.TO vs ZEM.TO
XEC.TO	iShares Core MSCI Emerging Markets IMI Index ETF	0.28%	4.49B	Apr 2013	HXEM.TO vs XEC.TO
XSEM.TO	iShares ESG Aware MSCI Emerging Markets Index ETF	0.32%	6.02B	Mar 2019	HXEM.TO vs XSEM.TO
CAEM.TO	Avantis CIBC Emerging Markets Equity ETF	0.39%	—	Mar 2026	HXEM.TO vs CAEM.TO

Best Risk-Adjusted Alternatives to HXEM.TO

HXEM.TO has a PortfoliosLab risk / return rank of 65. There are 6 ETFs in the Emerging Markets Equities category with higher risk-adjusted ranks, going as high as 74.

Symbol	Name	Risk / Return Rank	AUM	Inception
ZLE.TO	BMO Low Volatility Emerging Markets Equity ETF	74	93.90M	May 2016	HXEM.TO vs ZLE.TO
CWO.NEO	iShares Emerging Markets Fundamental Index ETF	71	—	Apr 2009	HXEM.TO vs CWO.NEO
XEM.TO	iShares MSCI Emerging Markets Index ETF	68	477.82M	Jun 2009	HXEM.TO vs XEM.TO
EMCL.NEO	Global X Enhanced MSCI Emerging Markets Covered Ca...	66	7.21M	May 2024	HXEM.TO vs EMCL.NEO
XEC.TO	iShares Core MSCI Emerging Markets IMI Index ETF	66	4.49B	Apr 2013	HXEM.TO vs XEC.TO

Top Performing HXEM.TO Alternatives (YTD)

HXEM.TO is at 23.89% YTD. There are 5 ETFs in the Emerging Markets Equities category with higher YTD returns, going as high as 27.05%.

Symbol	Name	YTD Return	AUM	Inception
ZLE.TO	BMO Low Volatility Emerging Markets Equity ETF	27.05%	93.90M	May 2016	HXEM.TO vs ZLE.TO
DRFE.TO	Desjardins RI Emerging Markets Multifactor - Net-Z...	24.33%	329.97M	Mar 2019	HXEM.TO vs DRFE.TO
ZEM.TO	BMO MSCI Emerging Markets Index ETF	24.31%	3.37B	Oct 2009	HXEM.TO vs ZEM.TO
XEM.TO	iShares MSCI Emerging Markets Index ETF	24.24%	477.82M	Jun 2009	HXEM.TO vs XEM.TO
EMCL.NEO	Global X Enhanced MSCI Emerging Markets Covered Ca...	24.18%	7.21M	May 2024	HXEM.TO vs EMCL.NEO

Lowest Volatility Alternatives to HXEM.TO

HXEM.TO has 24.67% 1-year volatility. There are 8 ETFs in the Emerging Markets Equities category with lower 1-year volatility, going as low as 16.15%.

Symbol	Name	Volatility 1Y	AUM	Inception
XMM.TO	iShares MSCI Min Vol Emerging Markets Index ETF	16.15%	115.96M	Jul 2012	HXEM.TO vs XMM.TO
CWO.NEO	iShares Emerging Markets Fundamental Index ETF	16.70%	—	Apr 2009	HXEM.TO vs CWO.NEO
VEE.TO	Vanguard FTSE Emerging Markets All Cap Index ETF	17.50%	4.45B	Nov 2011	HXEM.TO vs VEE.TO
ZLE.TO	BMO Low Volatility Emerging Markets Equity ETF	19.31%	93.90M	May 2016	HXEM.TO vs ZLE.TO
DRFE.TO	Desjardins RI Emerging Markets Multifactor - Net-Z...	21.96%	329.97M	Mar 2019	HXEM.TO vs DRFE.TO

Lowest Drawdown Alternatives to HXEM.TO

HXEM.TO has a 1-year max drawdown of -14.85%. There are 7 ETFs in the Emerging Markets Equities category with shallower 1-year drawdowns, going as shallow as -10.09%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
XMM.TO	iShares MSCI Min Vol Emerging Markets Index ETF	-10.09%	115.96M	Jul 2012	HXEM.TO vs XMM.TO
VEE.TO	Vanguard FTSE Emerging Markets All Cap Index ETF	-10.74%	4.45B	Nov 2011	HXEM.TO vs VEE.TO
CWO.NEO	iShares Emerging Markets Fundamental Index ETF	-10.90%	—	Apr 2009	HXEM.TO vs CWO.NEO
DRFE.TO	Desjardins RI Emerging Markets Multifactor - Net-Z...	-13.03%	329.97M	Mar 2019	HXEM.TO vs DRFE.TO
XSEM.TO	iShares ESG Aware MSCI Emerging Markets Index ETF	-13.82%	6.02B	Mar 2019	HXEM.TO vs XSEM.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	HXEM.TO vs CASH.TO
HXQ.TO	Global X Nasdaq-100 Index Corporate Class ETF	Nasdaq-100	65	20.91%	1.73B	Apr 2016	HXEM.TO vs HXQ.TO
CBIL.TO	Global X 0-3 Month T-Bill ETF	Canadian Government Bonds	99	1.23%	2.56B	Apr 2023	HXEM.TO vs CBIL.TO
QQCL.TO	Global X Enhanced NASDAQ-100 Covered Call ETF	Nasdaq-100, Derivative Income	68	19.51%	353.68M	Oct 2023	HXEM.TO vs QQCL.TO
HXS.TO	Global X S&P 500 Index Corporate Class ETF	S&P 500	81	16.23%	7.40B	Nov 2010	HXEM.TO vs HXS.TO
HXT.TO	Global X S&P/TSX 60 Index Corporate Class ETF	Canada Equities	93	14.83%	5.48B	Sep 2010	HXEM.TO vs HXT.TO
CHPS.TO	Global X Artificial Intelligence Semiconductor Ind...	Artificial Intelligence, Semiconductors, Technology Equities	83	54.80%	370.09M	Jun 2021	HXEM.TO vs CHPS.TO
HSAV.TO	Global X Cash Maximizer Corporate Class ETF	Money Market	58	1.01%	1.93B	Feb 2020	HXEM.TO vs HSAV.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	Financials Equities, Equal Weight	98	32.77%	—	Jul 2023	HXEM.TO vs HBNK.TO
USCL.TO	Global X Enhanced S&P 500 Covered Call ETF	Derivative Income, S&P 500	86	16.88%	244.05M	Jul 2023	HXEM.TO vs USCL.TO

Often Compared With HXEM.TO

Investors most often compare HXEM.TO with HXDM.TO, XEMC.TO, BTCX-B.TO. These 15 comparison targets span 15 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
HXDM.TO	Global X Intl Developed Markets Equity Index Corpo...	Foreign Large Cap Equities	68	15.93%	1.29B	Sep 2017	HXEM.TO vs HXDM.TO
XEMC.TO	iShares MSCI Emerging Markets ex China Index ETF	Emerging Markets Equities	80	35.28%	—	Feb 2023	HXEM.TO vs XEMC.TO
BTCX-B.TO	CI Galaxy Bitcoin ETF C$ Unhedged Series Units	Cryptocurrency	2	-25.13%	694.86M	Mar 2021	HXEM.TO vs BTCX-B.TO
ZGD.TO	BMO Equal Weight Global Gold Index ETF	Gold, Equal Weight, Precious Metals	39	-1.00%	270.90M	Nov 2012	HXEM.TO vs ZGD.TO
HBB.TO	Global X Canadian Select Universe Bond Index Corpo...	Total Bond Market	21	0.94%	3.05B	May 2014	HXEM.TO vs HBB.TO
SOXL	Direxion Daily Semiconductor Bull 3X ETF	Leveraged Equities, Semiconductors	91	232.86%	19.56B	Mar 2010	HXEM.TO vs SOXL
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	83	16.41%	24.00B	Nov 2012	HXEM.TO vs ZSP.TO
CGL-C.TO	iShares Gold Bullion ETF	Gold, Precious Metals	29	-3.25%	—	Mar 2011	HXEM.TO vs CGL-C.TO
XDIV	Roundhill S&P 500 No Dividend Target ETF	S&P 500	71	13.44%	68.81M	Jul 2025	HXEM.TO vs XDIV
XBM.TO	iShares S&P/TSX Global Base Metals Index ETF	Materials, Metals	73	22.08%	575.81M	Apr 2011	HXEM.TO vs XBM.TO
PHYS	Sprott Physical Gold Trust		60	-6.51%	—	—	HXEM.TO vs PHYS
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	Dividend	99	28.23%	8.59B	Nov 2012	HXEM.TO vs VDY.TO
FBTC.TO	Fidelity Advantage Bitcoin ETF	Cryptocurrency	2	-25.00%	1.30B	Nov 2021	HXEM.TO vs FBTC.TO
QQCC.TO	Global X NASDAQ-100 Covered Call ETF	Nasdaq-100, Derivative Income	68	16.67%	683.57M	Sep 2011	HXEM.TO vs QQCC.TO
FCIV.TO	Fidelity International Value ETF	Foreign Large Cap Equities	91	22.59%	2.52B	Jun 2025	HXEM.TO vs FCIV.TO

Compare HXEM.TO with Any Fund or Stock

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

Symbol name

Diversifiers

Pair HXEM.TO with funds that move differently

Global X Emerging Markets Equity Index Corporate Class ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HXEM.TO.

Explore HXEM.TO Diversifiers

Global X Emerging Markets Equity Index Corporate Class ETF (HXEM.TO) Alternatives