Wealthsimple Shariah World Equity Index ETF (WSHR.NEO) Alternatives

Wealthsimple Shariah World Equity Index ETF (WSHR.NEO) belongs to the Global Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with WSHR.NEO. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.

Cheapest Alternatives to WSHR.NEO

WSHR.NEO charges 0.56% annually. Among ETFs in the Global Equities category, these options have the lowest expense ratios among WSHR.NEO alternatives.

Symbol	Name	Expense Ratio	Inception
MEQT.TO	Mackenzie All-Equity Allocation ETF	0.17%	Nov 20, 2023	WSHR.NEO vs MEQT.TO
TEQT.TO	TD All-Equity ETF Portfolio	0.17%	Apr 8, 2025	WSHR.NEO vs TEQT.TO
ZEQT.TO	BMO All-Equity ETF	0.20%	Jan 24, 2022	WSHR.NEO vs ZEQT.TO
HEQT.TO	Horizons All-Equity Asset Allocation ETF	0.20%	Sep 13, 2019	WSHR.NEO vs HEQT.TO
XEQT.TO	iShares Core Equity ETF Portfolio	0.20%	Aug 7, 2019	WSHR.NEO vs XEQT.TO

Best Risk-Adjusted Alternatives to WSHR.NEO

Among ETFs in the Global Equities category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.

Symbol	Name	Risk / Return Rank	Inception
BREA.TO	Brompton Sustainable Real Assets Dividend ETF	86	Apr 30, 2020	WSHR.NEO vs BREA.TO
VEF.TO	Vanguard FTSE Developed All Cap Ex US	84	Nov 30, 2011	WSHR.NEO vs VEF.TO
BGIE.TO	Brompton Global Infrastructure ETF	84	Apr 30, 2020	WSHR.NEO vs BGIE.TO
VMO.TO	Vanguard Global Momentum Factor ETF CAD	82	Jun 14, 2016	WSHR.NEO vs VMO.TO
MEQT.TO	Mackenzie All-Equity Allocation ETF	82	Nov 20, 2023	WSHR.NEO vs MEQT.TO

Top Performing WSHR.NEO Alternatives (YTD)

WSHR.NEO alternatives from the Global Equities category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
TINF.TO	TD Active Global Infrastructure Equity ETF	11.62%	May 26, 2020	WSHR.NEO vs TINF.TO
CYH.TO	iShares Global Monthly Dividend Index ETF (CAD-Hed...	8.63%	Jan 15, 2008	WSHR.NEO vs CYH.TO
BREA.TO	Brompton Sustainable Real Assets Dividend ETF	8.27%	Apr 30, 2020	WSHR.NEO vs BREA.TO
BGIE.TO	Brompton Global Infrastructure ETF	7.87%	Apr 30, 2020	WSHR.NEO vs BGIE.TO
XMI.TO	iShares MSCI Min Vol EAFE Index ETF	7.71%	Jul 24, 2012	WSHR.NEO vs XMI.TO

Lowest Volatility Alternatives to WSHR.NEO

WSHR.NEO alternatives from the Global Equities category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
XMW.TO	iShares MSCI Min Vol Global Index ETF	10.07%	Jul 24, 2012	WSHR.NEO vs XMW.TO
VVO.TO	Vanguard Global Minimum Volatility ETF	10.53%	Jun 14, 2016	WSHR.NEO vs VVO.TO
XMY.TO	iShares MSCI Min Vol Global Index ETF (CAD-Hedged)	10.98%	Apr 5, 2016	WSHR.NEO vs XMY.TO
XML.TO	iShares MSCI Min Vol EAFE Index ETF (CAD-Hedged)	11.10%	Apr 5, 2016	WSHR.NEO vs XML.TO
XMI.TO	iShares MSCI Min Vol EAFE Index ETF	11.58%	Jul 24, 2012	WSHR.NEO vs XMI.TO

Lowest Drawdown Alternatives to WSHR.NEO

WSHR.NEO alternatives from the Global Equities category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
XML.TO	iShares MSCI Min Vol EAFE Index ETF (CAD-Hedged)	-6.46%	Apr 5, 2016	WSHR.NEO vs XML.TO
XMI.TO	iShares MSCI Min Vol EAFE Index ETF	-6.78%	Jul 24, 2012	WSHR.NEO vs XMI.TO
VVO.TO	Vanguard Global Minimum Volatility ETF	-6.98%	Jun 14, 2016	WSHR.NEO vs VVO.TO
XMY.TO	iShares MSCI Min Vol Global Index ETF (CAD-Hedged)	-7.99%	Apr 5, 2016	WSHR.NEO vs XMY.TO
XMW.TO	iShares MSCI Min Vol Global Index ETF	-8.10%	Jul 24, 2012	WSHR.NEO vs XMW.TO

Other ETFs from Mackenzie

Most popular Mackenzie ETFs on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
QCN.TO	Mackenzie Canadian Equity Index ETF	Canada Equities	93	4.40%	Jan 24, 2018	WSHR.NEO vs QCN.TO
QUU.TO	Mackenzie US Large Cap Equity Index ETF	Large Cap Blend Equities	43	-2.75%	Jan 24, 2018	WSHR.NEO vs QUU.TO
QQQQ.TO	Mackenzie NASDAQ 100 Index ETF	Large Cap Blend Equities	—	-6.15%	Aug 19, 2025	WSHR.NEO vs QQQQ.TO
QDX.TO	Mackenzie International Equity Index ETF	Foreign Large Cap Equities	66	3.97%	Jan 24, 2018	WSHR.NEO vs QDX.TO
MAAA.TO	Mackenzie AAA CLO ETF	CLO	—	0.28%	May 1, 2025	WSHR.NEO vs MAAA.TO
MGRW.TO	Mackenzie Growth Allocation ETF	Diversified Portfolio	67	-2.32%	Sep 29, 2020	WSHR.NEO vs MGRW.TO
QTIP.NEO	Mackenzie US TIPS Index ETF (CAD-Hedged)	Inflation-Protected Bonds	20	0.29%	Jan 24, 2018	WSHR.NEO vs QTIP.NEO
QDXH.TO	Mackenzie International Equity Index ETF (CAD-Hedg...	International Equity	55	-1.14%	Jan 29, 2018	WSHR.NEO vs QDXH.TO

Often Compared With WSHR.NEO

What investors most often compare with WSHR.NEO, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
SPUS	SP Funds S&P 500 Sharia Industry Exclusions ETF	S&P 500	72	-4.61%	Dec 18, 2019	WSHR.NEO vs SPUS
SPY	State Street SPDR S&P 500 ETF	S&P 500	59	-3.65%	Jan 22, 1993	WSHR.NEO vs SPY
UMMA	Wahed Dow Jones Islamic World ETF	Foreign Large Cap Equities	78	5.89%	Jan 6, 2022	WSHR.NEO vs UMMA
SPWO	SP Funds S&P World ETF	Foreign Large Cap Equities	78	4.71%	Dec 19, 2023	WSHR.NEO vs SPWO
XST.TO	iShares S&P/TSX Capped Consumer Staples Index ETF	Consumer Staples Equities	53	2.54%	Apr 12, 2011	WSHR.NEO vs XST.TO
XMV.TO	iShares MSCI Min Vol Canada Index ETF	Canada Equities	76	3.63%	Jul 24, 2012	WSHR.NEO vs XMV.TO
VT	Vanguard Total World Stock ETF	Global Equities	74	-0.74%	Jun 24, 2008	WSHR.NEO vs VT
FGEP.TO	Fidelity Global Equity+ Fund ETF	Global Equities	81	2.94%	Oct 3, 2023	WSHR.NEO vs FGEP.TO
XDG.TO	iShares Core MSCI Global Quality Dividend Index ET...	Global Equities	44	6.25%	Jun 7, 2017	WSHR.NEO vs XDG.TO

Compare WSHR.NEO with Any Fund or Stock

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

Symbol name

Wealthsimple Shariah World Equity Index ETF

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