SPXI.TO Alternatives & Similar ETFs

BetaPro S&P 500 Daily Inverse ETF (SPXI.TO) belongs to the Inverse Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with SPXI.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Best Risk-Adjusted Alternatives to SPXI.TO

SPXI.TO has a PortfoliosLab risk / return rank of 1. There are 2 ETFs in the Inverse Equities category with higher risk-adjusted ranks, going as high as 2.

Symbol	Name	Risk / Return Rank	AUM	Inception
GDXD.TO	BetaPro Canadian Gold Miners -2x Daily Bear ETF	2	—	Jun 2007	SPXI.TO vs GDXD.TO
NRGD.TO	BetaPro S&P/TSX Capped Energy -2x Daily Bear ETF	1	—	Jun 2007	SPXI.TO vs NRGD.TO
SPXD.TO	BetaPro S&P 500 -2x Daily Bear ETF	1	—	Jun 2008	SPXI.TO vs SPXD.TO
QQD.TO	BetaPro NASDAQ-100 -2x Daily Bear ETF	1	—	Jun 2008	SPXI.TO vs QQD.TO
CNDD.TO	BetaPro S&P/TSX 60 -2x Daily Bear ETF	0	—	Jan 2007	SPXI.TO vs CNDD.TO

Top Performing SPXI.TO Alternatives (YTD)

SPXI.TO is at -8.32% YTD. No ETFs in the Inverse Equities category have higher YTD returns; the top-performing alternatives shown here go as high as -10.01%.

Symbol	Name	YTD Return	AUM	Inception
CNDI.TO	BetaPro S&P/TSX 60 Daily Inverse ETF	-10.01%	—	Mar 2009	SPXI.TO vs CNDI.TO
QQI.TO	BetaPro Nasdaq-100 Daily Inverse ETF	-16.04%	—	Sep 2025	SPXI.TO vs QQI.TO
SPXD.TO	BetaPro S&P 500 -2x Daily Bear ETF	-16.73%	—	Jun 2008	SPXI.TO vs SPXD.TO
GDXD.TO	BetaPro Canadian Gold Miners -2x Daily Bear ETF	-18.91%	—	Jun 2007	SPXI.TO vs GDXD.TO
CNDD.TO	BetaPro S&P/TSX 60 -2x Daily Bear ETF	-19.97%	—	Jan 2007	SPXI.TO vs CNDD.TO

Lowest Volatility Alternatives to SPXI.TO

SPXI.TO has 12.75% 1-year volatility. There is 1 ETF in the Inverse Equities category with lower 1-year volatility, going as low as 12.00%.

Symbol	Name	Volatility 1Y	AUM	Inception
CNDI.TO	BetaPro S&P/TSX 60 Daily Inverse ETF	12.00%	—	Mar 2009	SPXI.TO vs CNDI.TO
QQI.TO	BetaPro Nasdaq-100 Daily Inverse ETF	20.26%	—	Sep 2025	SPXI.TO vs QQI.TO
CNDD.TO	BetaPro S&P/TSX 60 -2x Daily Bear ETF	24.08%	—	Jan 2007	SPXI.TO vs CNDD.TO
CFOD.TO	BetaPro S&P/TSX Capped Financials -2x Daily Bear E...	24.70%	—	Jun 2007	SPXI.TO vs CFOD.TO
SPXD.TO	BetaPro S&P 500 -2x Daily Bear ETF	25.07%	—	Jun 2008	SPXI.TO vs SPXD.TO

Lowest Drawdown Alternatives to SPXI.TO

SPXI.TO has a 1-year max drawdown of -17.10%. No ETFs in the Inverse Equities category have shallower 1-year drawdowns; the lowest-drawdown alternatives shown here go as shallow as -23.95%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
CNDI.TO	BetaPro S&P/TSX 60 Daily Inverse ETF	-23.95%	—	Mar 2009	SPXI.TO vs CNDI.TO
SPXD.TO	BetaPro S&P 500 -2x Daily Bear ETF	-32.29%	—	Jun 2008	SPXI.TO vs SPXD.TO
CNDD.TO	BetaPro S&P/TSX 60 -2x Daily Bear ETF	-42.84%	—	Jan 2007	SPXI.TO vs CNDD.TO
QQD.TO	BetaPro NASDAQ-100 -2x Daily Bear ETF	-45.99%	—	Jun 2008	SPXI.TO vs QQD.TO
CFOD.TO	BetaPro S&P/TSX Capped Financials -2x Daily Bear E...	-55.77%	—	Jun 2007	SPXI.TO vs CFOD.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	99	1.00%	6.62B	Nov 2021	SPXI.TO vs CASH.TO
CBIL.TO	Global X 0-3 Month T-Bill ETF	Canadian Government Bonds	99	1.03%	2.37B	Apr 2023	SPXI.TO vs CBIL.TO
QQCL.TO	Global X Enhanced NASDAQ-100 Covered Call ETF	Nasdaq-100, Derivative Income	85	24.17%	369.69M	Oct 2023	SPXI.TO vs QQCL.TO
HXS.TO	Global X S&P 500 Index Corporate Class ETF	S&P 500	76	13.44%	7.01B	Nov 2010	SPXI.TO vs HXS.TO
HXT.TO	Global X S&P/TSX 60 Index Corporate Class ETF	Canada Equities	89	11.33%	5.34B	Sep 2010	SPXI.TO vs HXT.TO
CHPS.TO	Global X Artificial Intelligence Semiconductor Ind...	Semiconductors, Technology Equities	94	74.01%	404.24M	Jun 2021	SPXI.TO vs CHPS.TO
HSAV.TO	Global X Cash Maximizer Corporate Class ETF	Money Market	69	0.97%	1.92B	Feb 2020	SPXI.TO vs HSAV.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	Financials Equities, Equal Weight	98	31.79%	—	Jul 2023	SPXI.TO vs HBNK.TO
USCL.TO	Global X Enhanced S&P 500 Covered Call ETF	Derivative Income, S&P 500	84	14.39%	246.61M	Jul 2023	SPXI.TO vs USCL.TO
QQCC.TO	Global X NASDAQ-100 Covered Call ETF	Nasdaq-100, Derivative Income	84	19.37%	717.89M	Sep 2011	SPXI.TO vs QQCC.TO

Compare SPXI.TO with Any Fund or Stock

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

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Diversifiers

Pair SPXI.TO with funds that move differently

BetaPro S&P 500 Daily Inverse ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SPXI.TO.

Explore SPXI.TO Diversifiers

BetaPro S&P 500 Daily Inverse ETF (SPXI.TO) Alternatives