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CI Gold Bullion ETF (VALT.TO) Alternatives

ETF · Currency in CAD · Last updated Jul 25, 2026

The CI Gold Bullion ETF (VALT) provides a cost-effective way to invest in physical gold bullion. The fund seeks to hold substantially all of its assets in gold bullion so its performance reflects the gold price, less fund expenses; VALT is the Canadian-dollar-hedged series.

CI Gold Bullion ETF (VALT.TO) belongs to the Gold category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with VALT.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to VALT.TO

VALT.TO charges 0.17% annually. No ETFs in the Gold category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.23%.

SymbolNameExpense RatioAUMInception
ZGLD.TO
BMO Gold Bullion ETF (CAD Units)0.23%—Mar 2024VALT.TO vs ZGLD.TO
ZGLH.TO
BMO Gold Bullion Hedged to CAD ETF0.23%—Mar 2024VALT.TO vs ZGLH.TO
KILO.TO
Purpose Gold Bullion Fund0.28%1.00BOct 2018VALT.TO vs KILO.TO
KILO-B.TO
Purpose Gold Bullion Fund ETF Non-Currency Hedged0.28%—Oct 2018VALT.TO vs KILO-B.TO
MNT.TO
Royal Canadian Mint Canadian Gold Reserves Exchang...0.35%1.20BNov 2011VALT.TO vs MNT.TO

Best Risk-Adjusted Alternatives to VALT.TO

VALT.TO has a PortfoliosLab risk / return rank of 25. There are 13 ETFs in the Gold category with higher risk-adjusted ranks, going as high as 45.

SymbolNameRisk / Return RankAUMInception
HGGG.TO
Harvest Global Gold Giants Index ETF
45
46.95MJan 2019VALT.TO vs HGGG.TO
ZJG.TO
BMO Junior Gold Index ETF
43
154.95MJan 2010VALT.TO vs ZJG.TO
GLDX.TO
Global X Gold Producers Index ETF
41
—Nov 2024VALT.TO vs GLDX.TO
XGD.TO
iShares S&P/TSX Global Gold Index ETF
39
3.23BMar 2001VALT.TO vs XGD.TO
ZGD.TO
BMO Equal Weight Global Gold Index ETF
38
259.75MNov 2012VALT.TO vs ZGD.TO

Top Performing VALT.TO Alternatives (YTD)

VALT.TO is at -6.93% YTD. There are 6 ETFs in the Gold category with higher YTD returns, going as high as -3.51%.

SymbolNameYTD ReturnAUMInception
ZGLD.TO
BMO Gold Bullion ETF (CAD Units)
-3.51%
—Mar 2024VALT.TO vs ZGLD.TO
CGL-C.TO
iShares Gold Bullion ETF
-3.54%
—Mar 2011VALT.TO vs CGL-C.TO
KILO-B.TO
Purpose Gold Bullion Fund ETF Non-Currency Hedged
-3.74%
—Oct 2018VALT.TO vs KILO-B.TO
VALT-U.TO
CI Gold Bullion ETF (US$ Series)
-4.48%
160.33MJan 2021VALT.TO vs VALT-U.TO
ZGD.TO
BMO Equal Weight Global Gold Index ETF
-5.14%
259.75MNov 2012VALT.TO vs ZGD.TO

Lowest Volatility Alternatives to VALT.TO

VALT.TO has 28.23% 1-year volatility. There are 6 ETFs in the Gold category with lower 1-year volatility, going as low as 25.49%.

SymbolNameVolatility 1YAUMInception
HGY.TO
Global X Gold Yield ETF25.49%175.81MDec 2010VALT.TO vs HGY.TO
KILO-B.TO
Purpose Gold Bullion Fund ETF Non-Currency Hedged26.60%—Oct 2018VALT.TO vs KILO-B.TO
CGL-C.TO
iShares Gold Bullion ETF26.96%—Mar 2011VALT.TO vs CGL-C.TO
ZGLD.TO
BMO Gold Bullion ETF (CAD Units)26.96%—Mar 2024VALT.TO vs ZGLD.TO
KILO.TO
Purpose Gold Bullion Fund27.80%1.00BOct 2018VALT.TO vs KILO.TO

Lowest Drawdown Alternatives to VALT.TO

VALT.TO has a 1-year max drawdown of -27.07%. There are 5 ETFs in the Gold category with shallower 1-year drawdowns, going as shallow as -23.40%.

SymbolNameMax Drawdown 1YAUMInception
ZGLD.TO
BMO Gold Bullion ETF (CAD Units)
-23.40%
—Mar 2024VALT.TO vs ZGLD.TO
CGL-C.TO
iShares Gold Bullion ETF
-23.55%
—Mar 2011VALT.TO vs CGL-C.TO
KILO-B.TO
Purpose Gold Bullion Fund ETF Non-Currency Hedged
-23.63%
—Oct 2018VALT.TO vs KILO-B.TO
HGY.TO
Global X Gold Yield ETF
-24.30%
175.81MDec 2010VALT.TO vs HGY.TO
CGL.TO
iShares Gold Bullion ETF (CAD-Hedged)
-27.06%
1.97BMay 2009VALT.TO vs CGL.TO

Other ETFs from CI Global Asset Management

The 10 most viewed CI Global Asset Management ETFs shown here include BTCX-B.TO, WXM.TO, CLML.TO and span 15 categories. AUM among these funds goes as high as $2B.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
BTCX-B.TO
CI Galaxy Bitcoin ETF C$ Unhedged Series UnitsCryptocurrency
2
-25.01%
709.05MMar 2021VALT.TO vs BTCX-B.TO
WXM.TO
CI Morningstar Canada Momentum Index ETFMomentum, Canada Equities
90
14.58%
1.57BFeb 2012VALT.TO vs WXM.TO
CLML.TO
CI Global Climate Leaders FundAlternative Energy Equities, Sustainable, Global Equities, Actively Managed, Energy Equities
68
25.72%
—Jul 2021VALT.TO vs CLML.TO
CMGG.TO
CI Munro Global Growth Equity FundGlobal Equities
42
12.52%
—Jan 2021VALT.TO vs CMGG.TO
ZXM.TO
CI Morningstar International Momentum Index ETF Co...Momentum, Foreign Large Cap Equities
80
13.64%
147.25MNov 2014VALT.TO vs ZXM.TO
QQCI.TO
Invesco NASDAQ 100 Income Advantage ETFNasdaq-100, Derivative Income, Options Trading, Actively Managed
73
12.05%
63.79MAug 2024VALT.TO vs QQCI.TO
CMDO.TO
CI Alternative Diversified Opportunities FundNontraditional Bonds, Multisector Bonds, High Yield Bonds, Actively Managed
71
1.93%
—Aug 2021VALT.TO vs CMDO.TO
CCCX.TO
CI Galaxy Core Multi-Crypto ETFCryptocurrency—
-31.77%
—Aug 2025VALT.TO vs CCCX.TO
ETHX.TO
CI Galaxy Ethereum ETF CAD Hedged SeriesCryptocurrency—
-38.42%
—Aug 2025VALT.TO vs ETHX.TO
CGHY.TO
CI High Yield Bond Private Pool ETF C$ SeriesHigh Yield Bonds
45
2.17%
—Apr 2022VALT.TO vs CGHY.TO

Often Compared With VALT.TO

Investors most often compare VALT.TO with HUG.TO, FBTC, VFV.TO. These 16 comparison targets span 18 categories, based on PortfoliosLab usage data.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
HUG.TO
Global X Gold ETFGold, Commodities, Precious Metals
24
-7.37%
48.77MJun 2009VALT.TO vs HUG.TO
FBTC
Fidelity Wise Origin Bitcoin FundCryptocurrency
2
-26.76%
10.22BJan 2024VALT.TO vs FBTC
VFV.TO
Vanguard S&P 500 Index ETFS&P 500
74
11.69%
34.09BNov 2012VALT.TO vs VFV.TO
VCN.TO
Vanguard FTSE Canada All Cap Index ETFCanada Equities
90
12.52%
16.37BAug 2013VALT.TO vs VCN.TO
ZLB.TO
BMO Low Volatility Canadian Equity ETFCanada Equities, Low Volatility
56
7.93%
6.32BOct 2011VALT.TO vs ZLB.TO
GLD
SPDR Gold SharesGold, Precious Metals
28
-6.16%
128.30BNov 2004VALT.TO vs GLD
VDY.TO
Vanguard FTSE Canadian High Dividend Yield Index E...Dividend
99
29.32%
8.59BNov 2012VALT.TO vs VDY.TO
VEQT.TO
Vanguard All-Equity ETF PortfolioGlobal Equities
86
12.92%
15.67BJan 2019VALT.TO vs VEQT.TO
XEQT.TO
iShares Core Equity ETF PortfolioGlobal Equities
85
12.80%
20.38BAug 2019VALT.TO vs XEQT.TO
RATE.TO
Arrow EC Income Advantage Alternative FundInvestment Grade Bonds, Corporate Bonds, Nontraditional Bonds
72
1.47%
—Jun 2021VALT.TO vs RATE.TO
TQCD.TO
TD Q Canadian Dividend ETFCanada Equities
96
19.40%
3.39BNov 2019VALT.TO vs TQCD.TO
CNAO.TO
CI Alternative North American Opportunities FundLong-Short, Equity Hedged, Large Cap Growth Equities, Actively Managed
26
5.63%
—Jul 2021VALT.TO vs CNAO.TO
CASH.TO
Global X High Interest Savings ETFMoney Market
100
1.16%
6.63BNov 2021VALT.TO vs CASH.TO
SVR.TO
iShares Silver Bullion ETFSilver, Precious Metals
30
-19.72%
421.64MJul 2009VALT.TO vs SVR.TO
GLDM
SPDR Gold MiniShares TrustGold, Precious Metals
28
-6.07%
27.09BJun 2018VALT.TO vs GLDM
CRED.TO
CI Alternative Investment Grade Credit FundInvestment Grade Bonds, Long-Short, Nontraditional Bonds, Actively Managed
71
1.05%
371.64MJan 2020VALT.TO vs CRED.TO

Compare VALT.TO with Any Fund or Stock

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

 

Diversifiers

Pair VALT.TO with funds that move differently

CI Gold Bullion ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to VALT.TO.

Explore VALT.TO Diversifiers