UTIL.TO Alternatives & Similar ETFs

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

Cheapest Alternatives to UTIL.TO

Among 7 ETFs in the Utilities Equities category with expense-ratio data, the lowest-cost alternatives shown here go as low as 0.50%.

Symbol	Name	Expense Ratio	AUM	Inception
HUTE.TO	Harvest Equal Weight Global Utilities Enhanced Inc...	0.50%	97.17M	Oct 2022	UTIL.TO vs HUTE.TO
XUT.TO	iShares S&P/TSX Capped Utilities Index ETF	0.61%	525.38M	Apr 2011	UTIL.TO vs XUT.TO
ZUT.TO	BMO Equal Weight Utilities Index ETF	0.61%	887.30M	Jan 2010	UTIL.TO vs ZUT.TO
ZWU.TO	BMO Covered Call Utilities ETF	0.65%	2.17B	Oct 2011	UTIL.TO vs ZWU.TO
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	0.65%	1.34B	Jun 2023	UTIL.TO vs UMAX.TO

Best Risk-Adjusted Alternatives to UTIL.TO

UTIL.TO has a PortfoliosLab risk / return rank of 87. There is 1 ETF in the Utilities Equities category with a higher risk-adjusted rank, going as high as 92.

Symbol	Name	Risk / Return Rank	AUM	Inception
HUTS.TO	Hamilton Enhanced Utilities ETF	92	234.40M	Sep 2022	UTIL.TO vs HUTS.TO
XUT.TO	iShares S&P/TSX Capped Utilities Index ETF	84	525.38M	Apr 2011	UTIL.TO vs XUT.TO
ZUT.TO	BMO Equal Weight Utilities Index ETF	65	887.30M	Jan 2010	UTIL.TO vs ZUT.TO
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	58	1.34B	Jun 2023	UTIL.TO vs UMAX.TO
HUTE.TO	Harvest Equal Weight Global Utilities Enhanced Inc...	58	97.17M	Oct 2022	UTIL.TO vs HUTE.TO

Top Performing UTIL.TO Alternatives (YTD)

UTIL.TO is at 17.98% YTD. There are 2 ETFs in the Utilities Equities category with higher YTD returns, going as high as 20.31%.

Symbol	Name	YTD Return	AUM	Inception
ZUT.TO	BMO Equal Weight Utilities Index ETF	20.31%	887.30M	Jan 2010	UTIL.TO vs ZUT.TO
HUTS.TO	Hamilton Enhanced Utilities ETF	18.77%	234.40M	Sep 2022	UTIL.TO vs HUTS.TO
XUT.TO	iShares S&P/TSX Capped Utilities Index ETF	14.90%	525.38M	Apr 2011	UTIL.TO vs XUT.TO
HUTE.TO	Harvest Equal Weight Global Utilities Enhanced Inc...	12.31%	97.17M	Oct 2022	UTIL.TO vs HUTE.TO
HUTL.TO	Harvest Equal Weight Global Utilities Income ETF	10.20%	520.89M	Jan 2019	UTIL.TO vs HUTL.TO

Lowest Volatility Alternatives to UTIL.TO

UTIL.TO has 9.60% 1-year volatility. There are 5 ETFs in the Utilities Equities category with lower 1-year volatility, going as low as 6.65%.

Symbol	Name	Volatility 1Y	AUM	Inception
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	6.65%	1.34B	Jun 2023	UTIL.TO vs UMAX.TO
ZWU.TO	BMO Covered Call Utilities ETF	7.59%	2.17B	Oct 2011	UTIL.TO vs ZWU.TO
XUT.TO	iShares S&P/TSX Capped Utilities Index ETF	8.05%	525.38M	Apr 2011	UTIL.TO vs XUT.TO
UMVP.TO	Hamilton Champions Utilities Index ETF	9.11%	—	Jan 2026	UTIL.TO vs UMVP.TO
HUTS.TO	Hamilton Enhanced Utilities ETF	9.45%	234.40M	Sep 2022	UTIL.TO vs HUTS.TO

Lowest Drawdown Alternatives to UTIL.TO

UTIL.TO has a 1-year max drawdown of -4.62%. There are 2 ETFs in the Utilities Equities category with shallower 1-year drawdowns, going as shallow as -3.62%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
HUTL.TO	Harvest Equal Weight Global Utilities Income ETF	-3.62%	520.89M	Jan 2019	UTIL.TO vs HUTL.TO
HUTE.TO	Harvest Equal Weight Global Utilities Enhanced Inc...	-4.57%	97.17M	Oct 2022	UTIL.TO vs HUTE.TO
ZWU.TO	BMO Covered Call Utilities ETF	-4.86%	2.17B	Oct 2011	UTIL.TO vs ZWU.TO
XUT.TO	iShares S&P/TSX Capped Utilities Index ETF	-5.00%	525.38M	Apr 2011	UTIL.TO vs XUT.TO
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	-5.11%	1.34B	Jun 2023	UTIL.TO vs UMAX.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	100	0.83%	6.70B	Nov 2021	UTIL.TO vs CASH.TO
CBIL.TO	Global X 0-3 Month T-Bill ETF	Canadian Government Bonds	99	0.85%	2.27B	Apr 2023	UTIL.TO vs CBIL.TO
QQCL.TO	Global X Enhanced NASDAQ-100 Covered Call ETF	Nasdaq-100, Derivative Income	81	20.85%	364.56M	Oct 2023	UTIL.TO vs QQCL.TO
HXS.TO	Global X S&P 500 Index Corporate Class ETF	S&P 500	71	11.99%	6.67B	Nov 2010	UTIL.TO vs HXS.TO
HXT.TO	Global X S&P/TSX 60 Corporate Class ETF	Canada Equities	81	10.03%	5.16B	Sep 2010	UTIL.TO vs HXT.TO
HSAV.TO	Global X Cash Maximizer Corporate Class ETF	Bank Loan	66	1.04%	1.92B	Feb 2020	UTIL.TO vs HSAV.TO
CHPS.TO	Global X Artificial Intelligence Semiconductor Ind...	Semiconductors, Technology Equities	94	66.03%	342.08M	Jun 2021	UTIL.TO vs CHPS.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	Financials Equities	96	18.85%	—	Jul 2023	UTIL.TO vs HBNK.TO
USCL.TO	Global X Enhanced S&P 500 Covered Call ETF	Derivative Income, S&P 500	75	11.57%	249.48M	Jul 2023	UTIL.TO vs USCL.TO
QQCC.TO	Global X NASDAQ-100 Covered Call ETF	Nasdaq-100, Derivative Income	82	16.94%	713.85M	Sep 2011	UTIL.TO vs QQCC.TO

Often Compared With UTIL.TO

Investors most often compare UTIL.TO with VPU, UTES.TO, CIF.TO. These 8 comparison targets span 6 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
VPU	Vanguard Utilities ETF	Utilities Equities	20	3.18%	11.10B	Jan 2004	UTIL.TO vs VPU
UTES.TO	Evolve Canadian Utilities Enhanced Yield Index Fun...	Derivative Income	75	12.58%	405.53M	Sep 2024	UTIL.TO vs UTES.TO
CIF.TO	iShares Global Infrastructure Index ETF	Energy Equities	70	25.20%	1.44B	Aug 2008	UTIL.TO vs CIF.TO
XETM.TO	iShares S&P/TSX Energy Transition Materials Index ...	Materials	87	27.20%	—	Sep 2023	UTIL.TO vs XETM.TO
HXH.TO	Global X Canadian High Dividend Index Corporate Cl...	Canada Equities	98	20.31%	237.17M	Apr 2016	UTIL.TO vs HXH.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	54	3.14%	6.10B	Oct 2011	UTIL.TO vs ZLB.TO
PPLN.TO	Global X Equal Weight Canadian Pipelines Index ETF	Energy Equities	77	29.04%	—	Jul 2014	UTIL.TO vs PPLN.TO
XPH	SPDR S&P Pharmaceuticals ETF	Health & Biotech Equities	55	0.66%	354.21M	Jun 2006	UTIL.TO vs XPH

Compare UTIL.TO with Any Fund or Stock

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

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Diversifiers

Pair UTIL.TO with funds that move differently

Global X Equal Weight Canadian Utilities Index ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to UTIL.TO.

Explore UTIL.TO Diversifiers

Global X Equal Weight Canadian Utilities Index ETF (UTIL.TO) Alternatives