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 2 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%	136.64M	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
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	0.60%	340.76M	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
ZMT.TO	BMO S&P/TSX Equal Weight Global Base Metals (CAD H...	0.61%	85.01M	Oct 2009	XBM.TO vs ZMT.TO

Best Risk-Adjusted Alternatives to XBM.TO

XBM.TO has a PortfoliosLab risk / return rank of 85. There are 3 ETFs in the Energy Equities category with higher risk-adjusted ranks, going as high as 86.

Symbol	Name	Risk / Return Rank	AUM	Inception
HXE.TO	Global X S&P/TSX Capped Energy Index Corporate Cla...	86	136.64M	Sep 2013	XBM.TO vs HXE.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	86	340.76M	Oct 2009	XBM.TO vs ZEO.TO
XEG.TO	iShares S&P/TSX Capped Energy Index ETF	86	2.28B	Mar 2001	XBM.TO vs XEG.TO
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	85	759.08M	Apr 2011	XBM.TO vs ENCC.TO
NNRG.NEO	Ninepoint Energy ETF	79	1.38B	May 2021	XBM.TO vs NNRG.NEO

Top Performing XBM.TO Alternatives (YTD)

XBM.TO is at 38.48% YTD. There are 4 ETFs in the Energy Equities category with higher YTD returns, going as high as 45.59%.

Symbol	Name	YTD Return	AUM	Inception
NNRG.NEO	Ninepoint Energy ETF	45.59%	1.38B	May 2021	XBM.TO vs NNRG.NEO
HXE.TO	Global X S&P/TSX Capped Energy Index Corporate Cla...	44.48%	136.64M	Sep 2013	XBM.TO vs HXE.TO
XEG.TO	iShares S&P/TSX Capped Energy Index ETF	44.34%	2.28B	Mar 2001	XBM.TO vs XEG.TO
ZMT.TO	BMO S&P/TSX Equal Weight Global Base Metals (CAD H...	39.44%	85.01M	Oct 2009	XBM.TO vs ZMT.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	37.72%	340.76M	Oct 2009	XBM.TO vs ZEO.TO

Lowest Volatility Alternatives to XBM.TO

XBM.TO has 35.62% 1-year volatility. There are 11 ETFs in the Energy Equities category with lower 1-year volatility, going as low as 14.08%.

Symbol	Name	Volatility 1Y	AUM	Inception
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	14.08%	759.08M	Apr 2011	XBM.TO vs ENCC.TO
PPLN.TO	Global X Equal Weight Canadian Pipelines Index ETF	14.40%	—	Jul 2014	XBM.TO vs PPLN.TO
CIF.TO	iShares Global Infrastructure Index ETF	15.23%	1.44B	Aug 2008	XBM.TO vs CIF.TO
ZWEN.TO	BMO Covered Call Energy ETF	16.69%	133.70M	Jan 2023	XBM.TO vs ZWEN.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	16.92%	340.76M	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 12 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%	759.08M	Apr 2011	XBM.TO vs ENCC.TO
NXF.TO	CI Energy Giants Covered Call ETF Common Units (CA...	-9.41%	116.31M	Feb 2015	XBM.TO vs NXF.TO
CIF.TO	iShares Global Infrastructure Index ETF	-9.50%	1.44B	Aug 2008	XBM.TO vs CIF.TO
ZWEN.TO	BMO Covered Call Energy ETF	-9.50%	133.70M	Jan 2023	XBM.TO vs ZWEN.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	-9.54%	340.76M	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	75	12.29%	18.41B	Aug 2019	XBM.TO vs XEQT.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	Dividend, Large Cap Value Equities	98	19.17%	5.25B	Jun 2017	XBM.TO vs XDIV.TO
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	Canada Equities	98	22.21%	4.02B	Apr 2011	XBM.TO vs XEI.TO
XIC.TO	iShares Core S&P/TSX Capped Composite Index ETF	Canada Equities	80	10.75%	29.66B	Feb 2001	XBM.TO vs XIC.TO
XIU.TO	iShares S&P/TSX 60 Index ETF	Canada Equities	82	10.14%	22.52B	Sep 1999	XBM.TO vs XIU.TO
XQQ.TO	iShares NASDAQ 100 Index ETF (CAD-Hedged)	Nasdaq-100	66	19.81%	5.56B	May 2011	XBM.TO vs XQQ.TO
XEF.TO	iShares Core MSCI EAFE IMI Index ETF	Foreign Large Cap Equities	47	9.95%	21.46B	Apr 2013	XBM.TO vs XEF.TO
XGRO.TO	iShares Core Growth ETF Portfolio	Diversified Portfolio	67	10.38%	4.82B	Jun 2007	XBM.TO vs XGRO.TO
XUS.TO	iShares Core S&P 500 Index ETF	S&P 500	73	12.21%	12.60B	Apr 2013	XBM.TO vs XUS.TO
XAW.TO	iShares Core MSCI All Country World ex Canada Inde...	Global Equities	76	13.70%	4.25B	Feb 2015	XBM.TO vs XAW.TO

Often Compared With XBM.TO

Investors most often compare XBM.TO with XME, XETM.TO, GDX. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
XME	SPDR S&P Metals & Mining ETF	Materials	77	24.13%	5.31B	Jun 2006	XBM.TO vs XME
XETM.TO	iShares S&P/TSX Energy Transition Materials Index ...	Materials	87	27.20%	—	Sep 2023	XBM.TO vs XETM.TO
GDX	VanEck Gold Miners ETF	Gold, Precious Metals	35	-0.90%	27.13B	May 2006	XBM.TO vs GDX
VDE	Vanguard Energy ETF	Energy Equities	64	32.24%	12.70B	Sep 2004	XBM.TO vs VDE
XMA.TO	iShares S&P/TSX Capped Materials Index ETF	Materials	46	7.60%	699.10M	Dec 2005	XBM.TO vs XMA.TO
XDG.TO	iShares Core MSCI Global Quality Dividend Index ET...	Global Equities	54	9.07%	737.50M	Jun 2017	XBM.TO vs XDG.TO
SLX	VanEck Vectors Steel ETF	Materials	86	32.29%	224.19M	Oct 2006	XBM.TO vs SLX
IAU	iShares Gold Trust	Gold, Precious Metals	32	2.98%	69.92B	Jan 2005	XBM.TO vs IAU
GOAU	US Global GO GOLD and Precious Metal Miners ETF	Materials	24	-3.45%	186.95M	Jun 2017	XBM.TO vs GOAU
HURA.TO	Global X Uranium Index ETF	Commodity Producers Equities	33	14.10%	205.13M	May 2019	XBM.TO vs HURA.TO
HLIT	Harmonic Inc.		76	48.23%	—	—	XBM.TO vs HLIT
REMX	VanEck Vectors Rare Earth/Strategic Metals ETF	Materials	87	33.01%	3.01B	Oct 2010	XBM.TO vs REMX
HURA	TuHURA Biosciences, Inc.		36	180.16%	—	—	XBM.TO vs HURA
NEO.TO	Neo Performance Materials Inc.		95	121.43%	—	—	XBM.TO vs NEO.TO
RGPM.NEO	RBC Global Precious Metals Fund	Precious Metals	39	1.34%	—	Mar 2023	XBM.TO vs RGPM.NEO
XMD.TO	iShares S&P/TSX Completion Index ETF	Canada Equities	68	12.81%	759.33M	Mar 2001	XBM.TO vs XMD.TO
EMAX.TO	Hamilton Energy YIELD MAXIMIZER ETF	Energy Equities, Derivative Income	70	30.76%	476.70M	Feb 2024	XBM.TO vs EMAX.TO
HUC.TO	Global X Crude Oil ETF	Commodities	44	45.00%	57.88M	Jun 2009	XBM.TO vs HUC.TO
ZGD.TO	BMO Equal Weight Global Gold Index ETF	Gold	49	6.26%	356.53M	Nov 2012	XBM.TO vs ZGD.TO
XGD.TO	iShares S&P/TSX Global Gold Index ETF	Precious Metals	42	3.35%	3.59B	Mar 2001	XBM.TO vs XGD.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