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Evolve Global Healthcare Enhanced Yield Fund (LIFE.TO) Alternatives

ETF · Currency in CAD · Last updated Jul 25, 2026

The Evolve Global Healthcare Enhanced Yield Fund (LIFE) holds an equal-weighted portfolio of 20 leading global healthcare companies and uses an active covered-call strategy on up to 33% of portfolio securities to generate enhanced income and help mitigate downside risk. LIFE is the Canadian-dollar-hedged ETF series.

Evolve Global Healthcare Enhanced Yield Fund (LIFE.TO) belongs to the Health & Biotech Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with LIFE.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to LIFE.TO

LIFE.TO charges 0.65% annually. There are 3 ETFs in the Health & Biotech Equities category with lower expense ratios, going as low as 0.39%.

SymbolNameExpense RatioAUMInception
ZUH.TO
BMO Equal Weight US Health Care Hedged to CAD Inde...0.39%177.26MMay 2010LIFE.TO vs ZUH.TO
ZHU.TO
BMO Equal Weight US Health Care Index ETF0.40%10.60MFeb 2019LIFE.TO vs ZHU.TO
XDNA.TO
iShares Genomics Immunology and Healthcare Index E...0.44%—Apr 2022LIFE.TO vs XDNA.TO
LMAX.TO
Hamilton Healthcare Yield Maximizer ETF0.65%221.60MFeb 2024LIFE.TO vs LMAX.TO
XHC.TO
iShares Global Healthcare Index ETF (CAD-Hedged)0.66%506.02MApr 2011LIFE.TO vs XHC.TO

Best Risk-Adjusted Alternatives to LIFE.TO

LIFE.TO has a PortfoliosLab risk / return rank of 21. There are 12 ETFs in the Health & Biotech Equities category with higher risk-adjusted ranks, going as high as 89.

SymbolNameRisk / Return RankAUMInception
XDNA.TO
iShares Genomics Immunology and Healthcare Index E...
89
—Apr 2022LIFE.TO vs XDNA.TO
FHH.TO
First Trust AlphaDEX U.S. Health Care Sector Index...
64
7.85MDec 2017LIFE.TO vs FHH.TO
ZHU.TO
BMO Equal Weight US Health Care Index ETF
53
10.60MFeb 2019LIFE.TO vs ZHU.TO
FHI.TO
CI Health Care Giants Covered Call ETF
49
133.21MMar 2022LIFE.TO vs FHI.TO
LMAX.TO
Hamilton Healthcare Yield Maximizer ETF
45
221.60MFeb 2024LIFE.TO vs LMAX.TO

Top Performing LIFE.TO Alternatives (YTD)

LIFE.TO is at -1.74% YTD. There are 10 ETFs in the Health & Biotech Equities category with higher YTD returns, going as high as 27.17%.

SymbolNameYTD ReturnAUMInception
XDNA.TO
iShares Genomics Immunology and Healthcare Index E...
27.17%
—Apr 2022LIFE.TO vs XDNA.TO
FHH.TO
First Trust AlphaDEX U.S. Health Care Sector Index...
11.38%
7.85MDec 2017LIFE.TO vs FHH.TO
ZHU.TO
BMO Equal Weight US Health Care Index ETF
8.72%
10.60MFeb 2019LIFE.TO vs ZHU.TO
LONG.TO
CI Global Longevity Economy Fund
6.42%
4.27MJun 2020LIFE.TO vs LONG.TO
ZUH.TO
BMO Equal Weight US Health Care Hedged to CAD Inde...
5.19%
177.26MMay 2010LIFE.TO vs ZUH.TO

Lowest Volatility Alternatives to LIFE.TO

LIFE.TO has 14.75% 1-year volatility. There are 4 ETFs in the Health & Biotech Equities category with lower 1-year volatility, going as low as 13.73%.

SymbolNameVolatility 1YAUMInception
FHI.TO
CI Health Care Giants Covered Call ETF13.73%133.21MMar 2022LIFE.TO vs FHI.TO
TDOC.TO
TD Global Healthcare Leaders Index ETF14.11%128.64MMar 2022LIFE.TO vs TDOC.TO
LMAX.TO
Hamilton Healthcare Yield Maximizer ETF14.25%221.60MFeb 2024LIFE.TO vs LMAX.TO
HIG.TO
Brompton Global Healthcare Income & Growth ETF14.68%52.22MSep 2015LIFE.TO vs HIG.TO
HHL.TO
Harvest Healthcare Leaders Income ETF15.25%1.98BMar 2020LIFE.TO vs HHL.TO

Lowest Drawdown Alternatives to LIFE.TO

LIFE.TO has a 1-year max drawdown of -13.29%. There are 9 ETFs in the Health & Biotech Equities category with shallower 1-year drawdowns, going as shallow as -8.75%.

SymbolNameMax Drawdown 1YAUMInception
XDNA.TO
iShares Genomics Immunology and Healthcare Index E...
-8.75%
—Apr 2022LIFE.TO vs XDNA.TO
FHI.TO
CI Health Care Giants Covered Call ETF
-8.87%
133.21MMar 2022LIFE.TO vs FHI.TO
XHC.TO
iShares Global Healthcare Index ETF (CAD-Hedged)
-10.79%
506.02MApr 2011LIFE.TO vs XHC.TO
ZHU.TO
BMO Equal Weight US Health Care Index ETF
-10.95%
10.60MFeb 2019LIFE.TO vs ZHU.TO
ZUH.TO
BMO Equal Weight US Health Care Hedged to CAD Inde...
-11.59%
177.26MMay 2010LIFE.TO vs ZUH.TO

Other ETFs from Evolve Funds Group Inc.

The 7 most viewed Evolve Funds Group Inc. ETFs shown here include CYBR.TO, EDGE.TO, DIVS.TO and span 14 categories. AUM among these funds goes as high as $216M.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
CYBR.TO
Evolve Cyber Security Index Fund - Hedged UnitsCybersecurity, Technology Equities, Global Equities
23
28.88%
215.61MSep 2017LIFE.TO vs CYBR.TO
EDGE.TO
Evolve Innovation Index FundTechnology Equities, Global Equities
24
12.54%
37.91MApr 2018LIFE.TO vs EDGE.TO
DIVS.TO
Evolve Active Canadian Preferred Share FundActively Managed, Preferred Stock
94
5.28%
28.51MSep 2017LIFE.TO vs DIVS.TO
CALL.TO
Evolve US Banks Enhanced Yield Fund Hedged UnitsDerivative Income, Financials Equities, Equal Weight
39
10.93%
165.22MOct 2017LIFE.TO vs CALL.TO
CARS.TO
Evolve Automobile Innovation Index Fund - Hedged U...Consumer Discretionary Equities, Artificial Intelligence, Alternative Energy Equities
21
3.49%
17.11MSep 2017LIFE.TO vs CARS.TO
EARN.TO
Evolve Active Global Fixed Income FundGlobal Corporate Bonds, Corporate Bonds
20
-1.84%
28.71MNov 2018LIFE.TO vs EARN.TO
LEAD.TO
Evolve Future Leadership FundGlobal Equities, Technology Equities, Derivative Income, Options Trading, Actively Managed
10
-4.13%
15.81MSep 2020LIFE.TO vs LEAD.TO

Often Compared With LIFE.TO

Investors most often compare LIFE.TO with SURI, PRM.TO, VRP. These 18 comparison targets span 11 categories, based on PortfoliosLab usage data.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
SURI
Simplify Propel Opportunities ETFHealth & Biotech Equities
70
16.90%
77.00MFeb 2023LIFE.TO vs SURI
PRM.TO
Big Pharma Split Corp.
86
8.91%
——LIFE.TO vs PRM.TO
VRP
Invesco Variable Rate Preferred ETFPreferred Stock
73
2.10%
3.01BMay 2014LIFE.TO vs VRP
VHT
Vanguard Health Care ETFHealth & Biotech Equities
66
6.74%
20.40BJan 2004LIFE.TO vs VHT
VDY.TO
Vanguard FTSE Canadian High Dividend Yield Index E...Dividend
99
29.32%
8.59BNov 2012LIFE.TO vs VDY.TO
HYLD.TO
Hamilton Enhanced U.S. Covered Call ETFDerivative Income
69
11.53%
1.30BFeb 2022LIFE.TO vs HYLD.TO
ZWC.TO
BMO CA High Dividend Covered Call ETFDerivative Income
96
15.53%
2.45BFeb 2017LIFE.TO vs ZWC.TO
IBBQ
Invesco Nasdaq Biotechnology ETFHealth & Biotech Equities
90
13.95%
75.38MJun 2021LIFE.TO vs IBBQ
XLV
State Street Health Care Select Sector SPDR ETFHealth & Biotech Equities
58
5.92%
41.87BDec 1998LIFE.TO vs XLV
BASE.TO
Evolve Global Materials & Mining Enhanced Yield In...Materials
68
18.09%
99.56MJun 2019LIFE.TO vs BASE.TO
HUTL.TO
Harvest Equal Weight Global Utilities Income ETFUtilities Equities
60
11.39%
555.27MJan 2019LIFE.TO vs HUTL.TO
BANK.TO
Evolve Canadian Banks and Lifecos Enhanced Yield I...Derivative Income
98
32.36%
1.31BFeb 2022LIFE.TO vs BANK.TO
HHIS.TO
Harvest Diversified High Income Shares ETFDerivative Income
20
2.42%
1.81BJan 2025LIFE.TO vs HHIS.TO
QQCL.TO
Global X Enhanced NASDAQ-100 Covered Call ETFNasdaq-100, Derivative Income
65
13.76%
364.39MOct 2023LIFE.TO vs QQCL.TO
HHIC.TO
Harvest Canadian High Income Shares ETFCanada Equities, Derivative Income—
11.71%
222.87MAug 2025LIFE.TO vs HHIC.TO
VEQT.TO
Vanguard All-Equity ETF PortfolioGlobal Equities
86
12.92%
15.67BJan 2019LIFE.TO vs VEQT.TO
CNCC.TO
Global X Canadian S&P/TSX 60 Covered Call ETFDerivative Income, Options Trading, Canada Equities, Actively Managed
93
11.10%
184.38MMar 2011LIFE.TO vs CNCC.TO
HHLE.TO
Harvest Healthcare Leaders Enhanced Income ETF - C...Health & Biotech Equities
25
-2.69%
110.77MOct 2022LIFE.TO vs HHLE.TO

Compare LIFE.TO with Any Fund or Stock

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

 

Diversifiers

Pair LIFE.TO with funds that move differently

Evolve Global Healthcare Enhanced Yield Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to LIFE.TO.

Explore LIFE.TO Diversifiers