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%	125.85M	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%	261.16M	Nov 2024	XBM.TO vs NRGY.TO
OILY.TO	Evolve Canadian Energy Enhanced Yield Index Fund E...	0.60%	—	Mar 2025	XBM.TO vs OILY.TO
XEG.TO	iShares S&P/TSX Capped Energy Index ETF	0.60%	2.38B	Mar 2001	XBM.TO vs XEG.TO

Best Risk-Adjusted Alternatives to XBM.TO

XBM.TO has a PortfoliosLab risk / return rank of 61. There are 13 ETFs in the Energy Equities category with higher risk-adjusted ranks, going as high as 90.

Symbol	Name	Risk / Return Rank	AUM	Inception
NRGY.TO	Global X Equal Weight Canadian Oil & Gas Index ETF	90	261.16M	Nov 2024	XBM.TO vs NRGY.TO
PPLN.TO	Global X Equal Weight Canadian Pipelines Index ETF	90	—	Jul 2014	XBM.TO vs PPLN.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	89	381.83M	Oct 2009	XBM.TO vs ZEO.TO
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	89	714.60M	Apr 2011	XBM.TO vs ENCC.TO
ENCL.TO	Global X Enhanced Canadian Oil and Gas Equity Cove...	88	271.10M	Oct 2023	XBM.TO vs ENCL.TO

Top Performing XBM.TO Alternatives (YTD)

XBM.TO is at 15.51% YTD. There are 14 ETFs in the Energy Equities category with higher YTD returns, going as high as 37.01%.

Symbol	Name	YTD Return	AUM	Inception
NNRG.NEO	Ninepoint Energy ETF	37.01%	1.38B	May 2021	XBM.TO vs NNRG.NEO
HXE.TO	Global X S&P/TSX Capped Energy Index Corporate Cla...	36.07%	125.85M	Sep 2013	XBM.TO vs HXE.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	35.62%	381.83M	Oct 2009	XBM.TO vs ZEO.TO
NRGY.TO	Global X Equal Weight Canadian Oil & Gas Index ETF	35.45%	261.16M	Nov 2024	XBM.TO vs NRGY.TO
XEG.TO	iShares S&P/TSX Capped Energy Index ETF	35.02%	2.38B	Mar 2001	XBM.TO vs XEG.TO

Lowest Volatility Alternatives to XBM.TO

XBM.TO has 38.45% 1-year volatility. There are 14 ETFs in the Energy Equities category with lower 1-year volatility, going as low as 15.13%.

Symbol	Name	Volatility 1Y	AUM	Inception
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	15.13%	714.60M	Apr 2011	XBM.TO vs ENCC.TO
PPLN.TO	Global X Equal Weight Canadian Pipelines Index ETF	15.23%	—	Jul 2014	XBM.TO vs PPLN.TO
CIF.TO	iShares Global Infrastructure Index ETF	15.67%	1.60B	Aug 2008	XBM.TO vs CIF.TO
ZWEN.TO	BMO Covered Call Energy ETF	17.23%	130.82M	Jan 2023	XBM.TO vs ZWEN.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	17.85%	381.83M	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 14 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%	714.60M	Apr 2011	XBM.TO vs ENCC.TO
CIF.TO	iShares Global Infrastructure Index ETF	-9.49%	1.60B	Aug 2008	XBM.TO vs CIF.TO
ZWEN.TO	BMO Covered Call Energy ETF	-9.50%	130.82M	Jan 2023	XBM.TO vs ZWEN.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	-9.88%	381.83M	Oct 2009	XBM.TO vs ZEO.TO
NRGY.TO	Global X Equal Weight Canadian Oil & Gas Index ETF	-10.16%	261.16M	Nov 2024	XBM.TO vs NRGY.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 $31B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
XEQT.TO	iShares Core Equity ETF Portfolio	Global Equities	87	14.16%	20.34B	Aug 2019	XBM.TO vs XEQT.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	Dividend, Large Cap Value Equities	98	26.60%	5.78B	Jun 2017	XBM.TO vs XDIV.TO
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	Canada Equities	98	27.27%	4.25B	Apr 2011	XBM.TO vs XEI.TO
XIC.TO	iShares Core S&P/TSX Capped Composite Index ETF	Canada Equities	89	12.97%	31.16B	Feb 2001	XBM.TO vs XIC.TO
XIU.TO	iShares S&P/TSX 60 Index ETF	Canada Equities	93	13.97%	23.77B	Sep 1999	XBM.TO vs XIU.TO
XQQ.TO	iShares NASDAQ 100 Index ETF (CAD-Hedged)	Nasdaq-100	42	15.40%	5.51B	May 2011	XBM.TO vs XQQ.TO
XEF.TO	iShares Core MSCI EAFE IMI Index ETF	Foreign Large Cap Equities	65	13.03%	22.53B	Apr 2013	XBM.TO vs XEF.TO
XGRO.TO	iShares Core Growth ETF Portfolio	Diversified Portfolio	78	11.53%	5.03B	Jun 2007	XBM.TO vs XGRO.TO
XUS.TO	iShares Core S&P 500 Index ETF	S&P 500	78	13.69%	13.11B	Apr 2013	XBM.TO vs XUS.TO
XAW.TO	iShares Core MSCI All Country World ex Canada Inde...	Global Equities	81	14.82%	4.49B	Feb 2015	XBM.TO vs XAW.TO

Often Compared With XBM.TO

Investors most often compare XBM.TO with XME, ZMT.TO, XETM.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	40	-0.27%	4.09B	Jun 2006	XBM.TO vs XME
ZMT.TO	BMO S&P/TSX Equal Weight Global Base Metals (CAD H...	Materials, Equal Weight	51	16.03%	79.93M	Oct 2009	XBM.TO vs ZMT.TO
XETM.TO	iShares S&P/TSX Energy Transition Materials Index ...	Materials	—	—	—	Sep 2023	XBM.TO vs XETM.TO
XMA.TO	iShares S&P/TSX Capped Materials Index ETF	Materials	35	-5.92%	584.50M	Dec 2005	XBM.TO vs XMA.TO
GDX	VanEck Gold Miners ETF	Gold, Precious Metals	30	-13.72%	23.05B	May 2006	XBM.TO vs GDX
VDE	Vanguard Energy ETF	Energy Equities	56	28.19%	11.80B	Sep 2004	XBM.TO vs VDE
XDG.TO	iShares Core MSCI Global Quality Dividend Index ET...	Global Equities	72	13.06%	759.62M	Jun 2017	XBM.TO vs XDG.TO
SLX	VanEck Vectors Steel ETF	Materials	71	20.02%	158.61M	Oct 2006	XBM.TO vs SLX
IAU	iShares Gold Trust	Gold, Precious Metals	25	-6.02%	60.94B	Jan 2005	XBM.TO vs IAU
GOAU	US Global GO GOLD and Precious Metal Miners ETF	Gold, Precious Metals	20	-14.40%	160.92M	Jun 2017	XBM.TO vs GOAU
HURA.TO	Global X Uranium Index ETF	Uranium	14	-4.88%	193.25M	May 2019	XBM.TO vs HURA.TO
REMX	VanEck Rare Earth and Strategic Metals ETF	Rare Earth & Strategic Metals	46	3.69%	2.40B	Oct 2010	XBM.TO vs REMX
HLIT	Harmonic Inc.		75	31.34%	—	—	XBM.TO vs HLIT
NEO.TO	Neo Performance Materials Inc.		92	171.59%	—	—	XBM.TO vs NEO.TO
HURA	TuHURA Biosciences, Inc.		51	201.31%	—	—	XBM.TO vs HURA
XMD.TO	iShares S&P/TSX Completion Index ETF	Canada Equities	57	8.68%	787.43M	Mar 2001	XBM.TO vs XMD.TO
RGPM.NEO	RBC Global Precious Metals Fund	Precious Metals	31	-11.77%	—	Mar 2023	XBM.TO vs RGPM.NEO
EMAX.TO	Hamilton Energy YIELD MAXIMIZER ETF	Energy Equities, Derivative Income	65	26.21%	494.30M	Feb 2024	XBM.TO vs EMAX.TO
ZGD.TO	BMO Equal Weight Global Gold Index ETF	Gold, Equal Weight, Precious Metals	31	-6.97%	281.50M	Nov 2012	XBM.TO vs ZGD.TO
HUC.TO	Global X Crude Oil ETF	Oil & Gas	23	29.86%	46.40M	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.

Symbol name

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