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

UTIL.TO charges 0.10% annually. No ETFs in the Utilities Equities category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.19%.

Symbol	Name	Expense Ratio	AUM	Inception
UMVP.TO	Hamilton Champions Utilities Index ETF	0.19%	314.00M	Jan 2026	UTIL.TO vs UMVP.TO
HUTE.TO	Harvest Equal Weight Global Utilities Enhanced Inc...	0.50%	104.38M	Oct 2022	UTIL.TO vs HUTE.TO
XUT.TO	iShares S&P/TSX Capped Utilities Index ETF	0.61%	708.57M	Apr 2011	UTIL.TO vs XUT.TO
ZUT.TO	BMO Equal Weight Utilities Index ETF	0.61%	852.96M	Jan 2010	UTIL.TO vs ZUT.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. No ETFs in the Utilities Equities category have higher risk-adjusted ranks; the top alternatives shown here go as high as 86.

Symbol	Name	Risk / Return Rank	AUM	Inception
HUTS.TO	Hamilton Enhanced Utilities ETF	86	247.40M	Sep 2022	UTIL.TO vs HUTS.TO
CINF.TO	CI Global Infrastructure Private Pool	77	457.10M	May 2020	UTIL.TO vs CINF.TO
XUT.TO	iShares S&P/TSX Capped Utilities Index ETF	75	708.57M	Apr 2011	UTIL.TO vs XUT.TO
ZUT.TO	BMO Equal Weight Utilities Index ETF	75	852.96M	Jan 2010	UTIL.TO vs ZUT.TO
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	69	1.45B	Jun 2023	UTIL.TO vs UMAX.TO

Top Performing UTIL.TO Alternatives (YTD)

UTIL.TO is at 18.89% YTD. There is 1 ETF in the Utilities Equities category with a higher YTD return, going as high as 21.32%.

Symbol	Name	YTD Return	AUM	Inception
ZUT.TO	BMO Equal Weight Utilities Index ETF	21.32%	852.96M	Jan 2010	UTIL.TO vs ZUT.TO
XUT.TO	iShares S&P/TSX Capped Utilities Index ETF	17.46%	708.57M	Apr 2011	UTIL.TO vs XUT.TO
CINF.TO	CI Global Infrastructure Private Pool	16.09%	457.10M	May 2020	UTIL.TO vs CINF.TO
HUTS.TO	Hamilton Enhanced Utilities ETF	15.96%	247.40M	Sep 2022	UTIL.TO vs HUTS.TO
HUTE.TO	Harvest Equal Weight Global Utilities Enhanced Inc...	11.73%	104.38M	Oct 2022	UTIL.TO vs HUTE.TO

Lowest Volatility Alternatives to UTIL.TO

UTIL.TO has 9.96% 1-year volatility. There are 4 ETFs in the Utilities Equities category with lower 1-year volatility, going as low as 7.74%.

Symbol	Name	Volatility 1Y	AUM	Inception
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	7.74%	1.45B	Jun 2023	UTIL.TO vs UMAX.TO
ZWU.TO	BMO Covered Call Utilities ETF	8.38%	2.20B	Oct 2011	UTIL.TO vs ZWU.TO
XUT.TO	iShares S&P/TSX Capped Utilities Index ETF	9.22%	708.57M	Apr 2011	UTIL.TO vs XUT.TO
CINF.TO	CI Global Infrastructure Private Pool	9.68%	457.10M	May 2020	UTIL.TO vs CINF.TO
UMVP.TO	Hamilton Champions Utilities Index ETF	10.16%	314.00M	Jan 2026	UTIL.TO vs UMVP.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 -4.54%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
HUTL.TO	Harvest Equal Weight Global Utilities Income ETF	-4.54%	548.36M	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%	1.45B	Jun 2023	UTIL.TO vs UMAX.TO
CINF.TO	CI Global Infrastructure Private Pool	-5.31%	457.10M	May 2020	UTIL.TO vs CINF.TO
HUTS.TO	Hamilton Enhanced Utilities ETF	-5.87%	247.40M	Sep 2022	UTIL.TO vs HUTS.TO

Other ETFs from Global X

The 10 most viewed Global X ETFs shown here include CASH.TO, HXQ.TO, CBIL.TO and span 11 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	1.20%	6.55B	Nov 2021	UTIL.TO vs CASH.TO
HXQ.TO	Global X Nasdaq-100 Index Corporate Class ETF	Nasdaq-100	65	20.91%	1.73B	Apr 2016	UTIL.TO vs HXQ.TO
CBIL.TO	Global X 0-3 Month T-Bill ETF	Canadian Government Bonds	99	1.23%	2.56B	Apr 2023	UTIL.TO vs CBIL.TO
QQCL.TO	Global X Enhanced NASDAQ-100 Covered Call ETF	Nasdaq-100, Derivative Income	68	19.51%	353.68M	Oct 2023	UTIL.TO vs QQCL.TO
HXS.TO	Global X S&P 500 Index Corporate Class ETF	S&P 500	81	16.23%	7.40B	Nov 2010	UTIL.TO vs HXS.TO
HXT.TO	Global X S&P/TSX 60 Index Corporate Class ETF	Canada Equities	93	14.83%	5.48B	Sep 2010	UTIL.TO vs HXT.TO
CHPS.TO	Global X Artificial Intelligence Semiconductor Ind...	Artificial Intelligence, Semiconductors, Technology Equities	83	54.80%	370.09M	Jun 2021	UTIL.TO vs CHPS.TO
HSAV.TO	Global X Cash Maximizer Corporate Class ETF	Money Market	58	1.01%	1.93B	Feb 2020	UTIL.TO vs HSAV.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	Financials Equities, Equal Weight	98	32.77%	—	Jul 2023	UTIL.TO vs HBNK.TO
USCL.TO	Global X Enhanced S&P 500 Covered Call ETF	Derivative Income, S&P 500	86	16.88%	244.05M	Jul 2023	UTIL.TO vs USCL.TO

Often Compared With UTIL.TO

Investors most often compare UTIL.TO with UTES.TO, VPU, QQCC.TO. These 10 comparison targets span 11 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
UTES.TO	Evolve Canadian Utilities Enhanced Yield Index Fun...	Utilities Equities, Derivative Income, Leveraged Equities	52	9.53%	445.34M	Sep 2024	UTIL.TO vs UTES.TO
VPU	Vanguard Utilities ETF	Utilities Equities	15	4.34%	10.80B	Jan 2004	UTIL.TO vs VPU
QQCC.TO	Global X NASDAQ-100 Covered Call ETF	Nasdaq-100, Derivative Income	68	16.67%	683.57M	Sep 2011	UTIL.TO vs QQCC.TO
CIF.TO	iShares Global Infrastructure Index ETF	Infrastructure Equities, Energy Equities	70	24.21%	1.59B	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
PPLN.TO	Global X Equal Weight Canadian Pipelines Index ETF	Energy Equities, Equal Weight	86	29.42%	—	Jul 2014	UTIL.TO vs PPLN.TO
HXH.TO	Global X Canadian High Dividend Index Corporate Cl...	Canada Equities	98	24.25%	263.64M	Apr 2016	UTIL.TO vs HXH.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities, Low Volatility	55	8.36%	6.27B	Oct 2011	UTIL.TO vs ZLB.TO
NRGY.TO	Global X Equal Weight Canadian Oil & Gas Index ETF	Energy Equities, Equal Weight	91	37.55%	294.44M	Nov 2024	UTIL.TO vs NRGY.TO
XPH	SPDR S&P Pharmaceuticals ETF	Health & Biotech Equities	93	24.89%	502.65M	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