XBM.TO Alternatives & Similar ETFs

iShares S&P/TSX Global Base Metals Index ETF (XBM.TO) belongs to the Energy Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with XBM.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to XBM.TO

XBM.TO charges 0.60% annually. There are 3 ETFs in the Energy Equities category with lower expense ratios, going as low as 0.27%.

Symbol	Name	Expense Ratio	AUM	Inception
HXE.TO	Global X S&P/TSX Capped Energy Index Corporate Cla...	0.27%	126.54M	Sep 2013	XBM.TO vs HXE.TO
PPLN.TO	Global X Equal Weight Canadian Pipelines Index ETF	0.31%	—	Jul 2014	XBM.TO vs PPLN.TO
NRGY.TO	Global X Equal Weight Canadian Oil & Gas Index ETF	0.49%	257.58M	Nov 2024	XBM.TO vs NRGY.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	0.60%	326.77M	Oct 2009	XBM.TO vs ZEO.TO
OILY.TO	Evolve Canadian Energy Enhanced Yield Index Fund E...	0.60%	—	Mar 2025	XBM.TO vs OILY.TO

Best Risk-Adjusted Alternatives to XBM.TO

XBM.TO has a PortfoliosLab risk / return rank of 71. There are 6 ETFs in the Energy Equities category with higher risk-adjusted ranks, going as high as 84.

Symbol	Name	Risk / Return Rank	AUM	Inception
PPLN.TO	Global X Equal Weight Canadian Pipelines Index ETF	84	—	Jul 2014	XBM.TO vs PPLN.TO
NRGY.TO	Global X Equal Weight Canadian Oil & Gas Index ETF	84	257.58M	Nov 2024	XBM.TO vs NRGY.TO
CIF.TO	iShares Global Infrastructure Index ETF	79	1.57B	Aug 2008	XBM.TO vs CIF.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	78	326.77M	Oct 2009	XBM.TO vs ZEO.TO
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	77	708.27M	Apr 2011	XBM.TO vs ENCC.TO

Top Performing XBM.TO Alternatives (YTD)

XBM.TO is at 22.09% YTD. There are 12 ETFs in the Energy Equities category with higher YTD returns, going as high as 36.48%.

Symbol	Name	YTD Return	AUM	Inception
NNRG.NEO	Ninepoint Energy ETF	36.48%	1.38B	May 2021	XBM.TO vs NNRG.NEO
NRGY.TO	Global X Equal Weight Canadian Oil & Gas Index ETF	32.04%	257.58M	Nov 2024	XBM.TO vs NRGY.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	31.93%	326.77M	Oct 2009	XBM.TO vs ZEO.TO
PPLN.TO	Global X Equal Weight Canadian Pipelines Index ETF	31.63%	—	Jul 2014	XBM.TO vs PPLN.TO
ENCL.TO	Global X Enhanced Canadian Oil and Gas Equity Cove...	30.80%	267.19M	Oct 2023	XBM.TO vs ENCL.TO

Lowest Volatility Alternatives to XBM.TO

XBM.TO has 38.06% 1-year volatility. There are 13 ETFs in the Energy Equities category with lower 1-year volatility, going as low as 14.53%.

Symbol	Name	Volatility 1Y	AUM	Inception
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	14.53%	708.27M	Apr 2011	XBM.TO vs ENCC.TO
PPLN.TO	Global X Equal Weight Canadian Pipelines Index ETF	14.78%	—	Jul 2014	XBM.TO vs PPLN.TO
CIF.TO	iShares Global Infrastructure Index ETF	15.62%	1.57B	Aug 2008	XBM.TO vs CIF.TO
ZWEN.TO	BMO Covered Call Energy ETF	17.11%	128.30M	Jan 2023	XBM.TO vs ZWEN.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	17.35%	326.77M	Oct 2009	XBM.TO vs ZEO.TO

Lowest Drawdown Alternatives to XBM.TO

XBM.TO has a 1-year max drawdown of -23.88%. There are 13 ETFs in the Energy Equities category with shallower 1-year drawdowns, going as shallow as -8.48%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	-8.48%	708.27M	Apr 2011	XBM.TO vs ENCC.TO
NRGY.TO	Global X Equal Weight Canadian Oil & Gas Index ETF	-9.49%	257.58M	Nov 2024	XBM.TO vs NRGY.TO
CIF.TO	iShares Global Infrastructure Index ETF	-9.49%	1.57B	Aug 2008	XBM.TO vs CIF.TO
ZWEN.TO	BMO Covered Call Energy ETF	-9.50%	128.30M	Jan 2023	XBM.TO vs ZWEN.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	-9.54%	326.77M	Oct 2009	XBM.TO vs ZEO.TO

Other ETFs from iShares

The 10 most viewed iShares ETFs shown here include XEQT.TO, XDIV.TO, XEI.TO and span 8 categories. AUM among these funds goes as high as $30B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
XEQT.TO	iShares Core Equity ETF Portfolio	Global Equities	80	12.92%	19.56B	Aug 2019	XBM.TO vs XEQT.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	Dividend, Large Cap Value Equities	98	21.65%	5.54B	Jun 2017	XBM.TO vs XDIV.TO
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	Canada Equities	97	23.82%	4.13B	Apr 2011	XBM.TO vs XEI.TO
XIC.TO	iShares Core S&P/TSX Capped Composite Index ETF	Canada Equities	81	11.29%	30.44B	Feb 2001	XBM.TO vs XIC.TO
XIU.TO	iShares S&P/TSX 60 Index ETF	Canada Equities	86	11.72%	22.98B	Sep 1999	XBM.TO vs XIU.TO
XQQ.TO	iShares NASDAQ 100 Index ETF (CAD-Hedged)	Nasdaq-100	44	14.79%	5.60B	May 2011	XBM.TO vs XQQ.TO
XEF.TO	iShares Core MSCI EAFE IMI Index ETF	Foreign Large Cap Equities	54	12.09%	22.44B	Apr 2013	XBM.TO vs XEF.TO
XGRO.TO	iShares Core Growth ETF Portfolio	Diversified Portfolio	69	10.64%	4.97B	Jun 2007	XBM.TO vs XGRO.TO
XUS.TO	iShares Core S&P 500 Index ETF	S&P 500	71	11.90%	12.94B	Apr 2013	XBM.TO vs XUS.TO
XAW.TO	iShares Core MSCI All Country World ex Canada Inde...	Global Equities	76	14.02%	4.47B	Feb 2015	XBM.TO vs XAW.TO

Often Compared With XBM.TO

Investors most often compare XBM.TO with XME, ZMT.TO, XEG.TO. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
XME	SPDR S&P Metals & Mining ETF	Materials	54	7.18%	4.90B	Jun 2006	XBM.TO vs XME
ZMT.TO	BMO S&P/TSX Equal Weight Global Base Metals (CAD H...	Materials, Equal Weight	65	24.75%	84.38M	Oct 2009	XBM.TO vs ZMT.TO
XEG.TO	iShares S&P/TSX Capped Energy Index ETF	Energy Equities, Canada Equities	62	30.47%	2.38B	Mar 2001	XBM.TO vs XEG.TO
XETM.TO	iShares S&P/TSX Energy Transition Materials Index ...	Materials	—	—	—	Sep 2023	XBM.TO vs XETM.TO
GDX	VanEck Gold Miners ETF	Gold, Precious Metals	28	-9.46%	25.30B	May 2006	XBM.TO vs GDX
XMA.TO	iShares S&P/TSX Capped Materials Index ETF	Materials	36	-0.42%	650.55M	Dec 2005	XBM.TO vs XMA.TO
VDE	Vanguard Energy ETF	Energy Equities	43	23.55%	11.80B	Sep 2004	XBM.TO vs VDE
XDG.TO	iShares Core MSCI Global Quality Dividend Index ET...	Global Equities	61	11.48%	742.37M	Jun 2017	XBM.TO vs XDG.TO
SLX	VanEck Vectors Steel ETF	Materials	75	19.94%	210.45M	Oct 2006	XBM.TO vs SLX
IAU	iShares Gold Trust	Gold, Precious Metals	22	-4.73%	64.29B	Jan 2005	XBM.TO vs IAU
GOAU	US Global GO GOLD and Precious Metal Miners ETF	Gold, Precious Metals	20	-9.63%	180.44M	Jun 2017	XBM.TO vs GOAU
HURA.TO	Global X Uranium Index ETF	Uranium	20	6.31%	203.35M	May 2019	XBM.TO vs HURA.TO
NEO.TO	Neo Performance Materials Inc.		91	128.74%	—	—	XBM.TO vs NEO.TO
REMX	VanEck Rare Earth and Strategic Metals ETF	Rare Earth & Strategic Metals	80	24.22%	2.96B	Oct 2010	XBM.TO vs REMX
HLIT	Harmonic Inc.		79	48.23%	—	—	XBM.TO vs HLIT
HURA	TuHURA Biosciences, Inc.		50	248.88%	—	—	XBM.TO vs HURA
XMD.TO	iShares S&P/TSX Completion Index ETF	Canada Equities	56	9.15%	764.37M	Mar 2001	XBM.TO vs XMD.TO
RGPM.NEO	RBC Global Precious Metals Fund	Precious Metals	32	-5.87%	—	Mar 2023	XBM.TO vs RGPM.NEO
EMAX.TO	Hamilton Energy YIELD MAXIMIZER ETF	Energy Equities, Derivative Income	51	22.48%	467.50M	Feb 2024	XBM.TO vs EMAX.TO
HUC.TO	Global X Crude Oil ETF	Oil & Gas	17	25.79%	48.02M	Jun 2009	XBM.TO vs HUC.TO

Compare XBM.TO with Any Fund or Stock

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

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Diversifiers

Pair XBM.TO with funds that move differently

iShares S&P/TSX Global Base Metals Index ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to XBM.TO.

Explore XBM.TO Diversifiers

iShares S&P/TSX Global Base Metals Index ETF (XBM.TO) Alternatives