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%	101.38M	Oct 2022	UTIL.TO vs HUTE.TO
XUT.TO	iShares S&P/TSX Capped Utilities Index ETF	0.61%	495.96M	Apr 2011	UTIL.TO vs XUT.TO
ZUT.TO	BMO Equal Weight Utilities Index ETF	0.61%	844.73M	Jan 2010	UTIL.TO vs ZUT.TO
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	0.65%	1.36B	Jun 2023	UTIL.TO vs UMAX.TO
ZWU.TO	BMO Covered Call Utilities ETF	0.65%	2.20B	Oct 2011	UTIL.TO vs ZWU.TO

Best Risk-Adjusted Alternatives to UTIL.TO

UTIL.TO has a PortfoliosLab risk / return rank of 92. There is 1 ETF in the Utilities Equities category with a higher risk-adjusted rank, going as high as 94.

Symbol	Name	Risk / Return Rank	AUM	Inception
HUTS.TO	Hamilton Enhanced Utilities ETF	94	235.70M	Sep 2022	UTIL.TO vs HUTS.TO
ZWU.TO	BMO Covered Call Utilities ETF	75	2.20B	Oct 2011	UTIL.TO vs ZWU.TO
XUT.TO	iShares S&P/TSX Capped Utilities Index ETF	74	495.96M	Apr 2011	UTIL.TO vs XUT.TO
ZUT.TO	BMO Equal Weight Utilities Index ETF	74	844.73M	Jan 2010	UTIL.TO vs ZUT.TO
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	74	1.36B	Jun 2023	UTIL.TO vs UMAX.TO

Top Performing UTIL.TO Alternatives (YTD)

UTIL.TO is at 20.07% YTD. There is 1 ETF in the Utilities Equities category with a higher YTD return, going as high as 21.48%.

Symbol	Name	YTD Return	AUM	Inception
ZUT.TO	BMO Equal Weight Utilities Index ETF	21.48%	844.73M	Jan 2010	UTIL.TO vs ZUT.TO
HUTS.TO	Hamilton Enhanced Utilities ETF	19.95%	235.70M	Sep 2022	UTIL.TO vs HUTS.TO
XUT.TO	iShares S&P/TSX Capped Utilities Index ETF	17.16%	495.96M	Apr 2011	UTIL.TO vs XUT.TO
HUTE.TO	Harvest Equal Weight Global Utilities Enhanced Inc...	13.36%	101.38M	Oct 2022	UTIL.TO vs HUTE.TO
ZWU.TO	BMO Covered Call Utilities ETF	12.39%	2.20B	Oct 2011	UTIL.TO vs ZWU.TO

Lowest Volatility Alternatives to UTIL.TO

UTIL.TO has 9.58% 1-year volatility. There are 4 ETFs in the Utilities Equities category with lower 1-year volatility, going as low as 6.88%.

Symbol	Name	Volatility 1Y	AUM	Inception
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	6.88%	1.36B	Jun 2023	UTIL.TO vs UMAX.TO
ZWU.TO	BMO Covered Call Utilities ETF	7.68%	2.20B	Oct 2011	UTIL.TO vs ZWU.TO
XUT.TO	iShares S&P/TSX Capped Utilities Index ETF	8.79%	495.96M	Apr 2011	UTIL.TO vs XUT.TO
UMVP.TO	Hamilton Champions Utilities Index ETF	9.15%	—	Jan 2026	UTIL.TO vs UMVP.TO
HUTS.TO	Hamilton Enhanced Utilities ETF	9.72%	235.70M	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 is 1 ETF in the Utilities Equities category with a shallower 1-year drawdown, going as shallow as -4.49%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
HUTL.TO	Harvest Equal Weight Global Utilities Income ETF	-4.49%	533.27M	Jan 2019	UTIL.TO vs HUTL.TO
ZWU.TO	BMO Covered Call Utilities ETF	-4.86%	2.20B	Oct 2011	UTIL.TO vs ZWU.TO
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	-5.11%	1.36B	Jun 2023	UTIL.TO vs UMAX.TO
HUTS.TO	Hamilton Enhanced Utilities ETF	-5.84%	235.70M	Sep 2022	UTIL.TO vs HUTS.TO
HUTE.TO	Harvest Equal Weight Global Utilities Enhanced Inc...	-6.31%	101.38M	Oct 2022	UTIL.TO vs HUTE.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	0.95%	6.67B	Nov 2021	UTIL.TO vs CASH.TO
CBIL.TO	Global X 0-3 Month T-Bill ETF	Canadian Government Bonds	99	0.97%	2.36B	Apr 2023	UTIL.TO vs CBIL.TO
QQCL.TO	Global X Enhanced NASDAQ-100 Covered Call ETF	Nasdaq-100, Derivative Income	76	20.21%	379.27M	Oct 2023	UTIL.TO vs QQCL.TO
HXS.TO	Global X S&P 500 Index Corporate Class ETF	S&P 500	69	11.68%	7.12B	Nov 2010	UTIL.TO vs HXS.TO
HXT.TO	Global X S&P/TSX 60 Index Corporate Class ETF	Canada Equities	86	11.58%	5.30B	Sep 2010	UTIL.TO vs HXT.TO
CHPS.TO	Global X Artificial Intelligence Semiconductor Ind...	Semiconductors, Technology Equities	92	62.84%	416.39M	Jun 2021	UTIL.TO vs CHPS.TO
HSAV.TO	Global X Cash Maximizer Corporate Class ETF	Money Market	61	0.90%	1.92B	Feb 2020	UTIL.TO vs HSAV.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	Financials Equities, Equal Weight	97	30.68%	—	Jul 2023	UTIL.TO vs HBNK.TO
USCL.TO	Global X Enhanced S&P 500 Covered Call ETF	Derivative Income, S&P 500	76	12.30%	250.98M	Jul 2023	UTIL.TO vs USCL.TO
QQCC.TO	Global X NASDAQ-100 Covered Call ETF	Nasdaq-100, Derivative Income	77	16.46%	732.86M	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 7 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
VPU	Vanguard Utilities ETF	Utilities Equities	28	6.78%	10.60B	Jan 2004	UTIL.TO vs VPU
UTES.TO	Evolve Canadian Utilities Enhanced Yield Index Fun...	Derivative Income	86	14.78%	412.15M	Sep 2024	UTIL.TO vs UTES.TO
CIF.TO	iShares Global Infrastructure Index ETF	Energy Equities	79	28.46%	1.57B	Aug 2008	UTIL.TO vs CIF.TO
XETM.TO	iShares S&P/TSX Energy Transition Materials Index ...	Materials	—	—	—	Sep 2023	UTIL.TO vs XETM.TO
HXH.TO	Global X Canadian High Dividend Index Corporate Cl...	Canada Equities	98	22.00%	241.91M	Apr 2016	UTIL.TO vs HXH.TO
PPLN.TO	Global X Equal Weight Canadian Pipelines Index ETF	Energy Equities, Equal Weight	84	31.63%	—	Jul 2014	UTIL.TO vs PPLN.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	45	6.82%	6.18B	Oct 2011	UTIL.TO vs ZLB.TO
XPH	SPDR S&P Pharmaceuticals ETF	Health & Biotech Equities	82	13.09%	364.01M	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