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Global X Mid-Term U.S. Treasury Premium Yield ETF (MPAY.TO) Alternatives

ETF · Currency in CAD · Last updated Jun 4, 2026

MPAY seeks to provide exposure to a portfolio of U.S. Treasury securities with a duration between 5 and 10 years and aims to deliver high monthly distributions through interest income and option premiums. It employs a dynamic options program to generate premiums and reduce volatility.

Global X Mid-Term U.S. Treasury Premium Yield ETF (MPAY.TO) belongs to the Intermediate Core-Plus Bond category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with MPAY.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

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.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
CASH.TO
Global X High Interest Savings ETFMoney Market
100
0.83%
6.70BNov 2021MPAY.TO vs CASH.TO
CBIL.TO
Global X 0-3 Month T-Bill ETFCanadian Government Bonds
99
0.85%
2.27BApr 2023MPAY.TO vs CBIL.TO
QQCL.TO
Global X Enhanced NASDAQ-100 Covered Call ETFNasdaq-100, Derivative Income
81
20.85%
364.56MOct 2023MPAY.TO vs QQCL.TO
HXS.TO
Global X S&P 500 Index Corporate Class ETFS&P 500
71
11.99%
6.67BNov 2010MPAY.TO vs HXS.TO
HXT.TO
Global X S&P/TSX 60 Corporate Class ETFCanada Equities
81
10.03%
5.16BSep 2010MPAY.TO vs HXT.TO
HSAV.TO
Global X Cash Maximizer Corporate Class ETFBank Loan
66
1.04%
1.92BFeb 2020MPAY.TO vs HSAV.TO
CHPS.TO
Global X Artificial Intelligence Semiconductor Ind...Semiconductors, Technology Equities
94
66.03%
342.08MJun 2021MPAY.TO vs CHPS.TO
HBNK.TO
Global X Equal Weight Banks Index ETFFinancials Equities
96
18.85%
—Jul 2023MPAY.TO vs HBNK.TO
USCL.TO
Global X Enhanced S&P 500 Covered Call ETFDerivative Income, S&P 500
75
11.57%
249.48MJul 2023MPAY.TO vs USCL.TO
QQCC.TO
Global X NASDAQ-100 Covered Call ETFNasdaq-100, Derivative Income
82
16.94%
713.85MSep 2011MPAY.TO vs QQCC.TO

Compare MPAY.TO with Any Fund or Stock

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

 

Diversifiers

Pair MPAY.TO with funds that move differently

Global X Mid-Term U.S. Treasury Premium Yield ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MPAY.TO.

Explore MPAY.TO Diversifiers