XFN.TO Alternatives & Similar ETFs

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

Cheapest Alternatives to XFN.TO

XFN.TO charges 0.61% annually. There are 8 ETFs in the Financials Equities category with lower expense ratios, going as low as 0.09%.

Symbol	Name	Expense Ratio	AUM	Inception
HBNK.TO	Global X Equal Weight Banks Index ETF	0.09%	—	Jul 2023	XFN.TO vs HBNK.TO
HEB.TO	Hamilton Canadian Bank Equal-Weight Index ETF	0.19%	1.44B	Apr 2023	XFN.TO vs HEB.TO
HXF.TO	Global X S&P/TSX Capped Financials Index Corporate...	0.25%	132.91M	Sep 2013	XFN.TO vs HXF.TO
XUSF.TO	iShares S&P U.S. Financials Index ETF	0.25%	—	Sep 2023	XFN.TO vs XUSF.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	0.25%	7.20B	Oct 2009	XFN.TO vs ZEB.TO

Best Risk-Adjusted Alternatives to XFN.TO

XFN.TO has a PortfoliosLab risk / return rank of 97. There are 12 ETFs in the Financials Equities category with higher risk-adjusted ranks, going as high as 98.

Symbol	Name	Risk / Return Rank	AUM	Inception
CBNK.TO	Mulvihill Canadian Bank Enhanced Yield ETF	98	—	Feb 2022	XFN.TO vs CBNK.TO
BNKL.TO	Global X Enhanced Equal Weight Banks Index ETF	98	—	Jul 2023	XFN.TO vs BNKL.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	98	1.09B	Oct 2020	XFN.TO vs HCAL.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	98	—	Jul 2023	XFN.TO vs HBNK.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	98	7.20B	Oct 2009	XFN.TO vs ZEB.TO

Top Performing XFN.TO Alternatives (YTD)

XFN.TO is at 26.99% YTD. There are 14 ETFs in the Financials Equities category with higher YTD returns, going as high as 55.99%.

Symbol	Name	YTD Return	AUM	Inception
CFOU.TO	BetaPro S&P/TSX Capped Financials 2x Daily Bull ET...	55.99%	86.75M	Jun 2007	XFN.TO vs CFOU.TO
CBNK.TO	Mulvihill Canadian Bank Enhanced Yield ETF	49.92%	—	Feb 2022	XFN.TO vs CBNK.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	46.44%	1.09B	Oct 2020	XFN.TO vs HCAL.TO
BNKL.TO	Global X Enhanced Equal Weight Banks Index ETF	45.84%	—	Jul 2023	XFN.TO vs BNKL.TO
RBNK.TO	RBC Canadian Bank Yield Index ETF	37.31%	508.88M	Oct 2017	XFN.TO vs RBNK.TO

Lowest Volatility Alternatives to XFN.TO

XFN.TO has 12.48% 1-year volatility. There are 6 ETFs in the Financials Equities category with lower 1-year volatility, going as low as 9.22%.

Symbol	Name	Volatility 1Y	AUM	Inception
FIE.TO	iShares Canadian Financial Monthly Income ETF	9.22%	1.44B	Apr 2010	XFN.TO vs FIE.TO
HPYB.TO	Harvest Premium Yield Canadian Bank ETF	11.82%	—	Jan 2026	XFN.TO vs HPYB.TO
CIC.TO	CI Canadian Banks Covered Call Income Class ETF	11.87%	358.67M	Aug 2010	XFN.TO vs CIC.TO
ZWB.TO	BMO Covered Call Canadian Banks ETF	12.01%	4.84B	Jan 2011	XFN.TO vs ZWB.TO
CEW.TO	iShares Equal Weight Banc & Lifeco ETF	12.09%	435.32M	Feb 2008	XFN.TO vs CEW.TO

Lowest Drawdown Alternatives to XFN.TO

XFN.TO has a 1-year max drawdown of -7.80%. There are 2 ETFs in the Financials Equities category with shallower 1-year drawdowns, going as shallow as -7.13%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
CEW.TO	iShares Equal Weight Banc & Lifeco ETF	-7.13%	435.32M	Feb 2008	XFN.TO vs CEW.TO
FIE.TO	iShares Canadian Financial Monthly Income ETF	-7.19%	1.44B	Apr 2010	XFN.TO vs FIE.TO
ZWB.TO	BMO Covered Call Canadian Banks ETF	-7.82%	4.84B	Jan 2011	XFN.TO vs ZWB.TO
HXF.TO	Global X S&P/TSX Capped Financials Index Corporate...	-7.94%	132.91M	Sep 2013	XFN.TO vs HXF.TO
CIC.TO	CI Canadian Banks Covered Call Income Class ETF	-8.23%	358.67M	Aug 2010	XFN.TO vs CIC.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	XFN.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	XFN.TO vs XDIV.TO
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	Canada Equities	98	27.27%	4.25B	Apr 2011	XFN.TO vs XEI.TO
XIC.TO	iShares Core S&P/TSX Capped Composite Index ETF	Canada Equities	89	12.97%	31.16B	Feb 2001	XFN.TO vs XIC.TO
XIU.TO	iShares S&P/TSX 60 Index ETF	Canada Equities	93	13.97%	23.77B	Sep 1999	XFN.TO vs XIU.TO
XQQ.TO	iShares NASDAQ 100 Index ETF (CAD-Hedged)	Nasdaq-100	42	15.40%	5.51B	May 2011	XFN.TO vs XQQ.TO
XEF.TO	iShares Core MSCI EAFE IMI Index ETF	Foreign Large Cap Equities	65	13.03%	22.53B	Apr 2013	XFN.TO vs XEF.TO
XGRO.TO	iShares Core Growth ETF Portfolio	Diversified Portfolio	78	11.53%	5.03B	Jun 2007	XFN.TO vs XGRO.TO
XUS.TO	iShares Core S&P 500 Index ETF	S&P 500	78	13.69%	13.11B	Apr 2013	XFN.TO vs XUS.TO
XAW.TO	iShares Core MSCI All Country World ex Canada Inde...	Global Equities	81	14.82%	4.49B	Feb 2015	XFN.TO vs XAW.TO

Often Compared With XFN.TO

Investors most often compare XFN.TO with VDY.TO, VFV.TO, RY.TO. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	Dividend	99	29.59%	8.59B	Nov 2012	XFN.TO vs VDY.TO
VFV.TO	Vanguard S&P 500 Index ETF	S&P 500	79	13.67%	34.09B	Nov 2012	XFN.TO vs VFV.TO
RY.TO	Royal Bank of Canada		99	32.49%	—	—	XFN.TO vs RY.TO
XUS-U.TO	iShares Core S&P 500 Index ETF	S&P 500	66	10.41%	—	Oct 2019	XFN.TO vs XUS-U.TO
ZST.TO	BMO Ultra Short-Term Bond ETF	Ultrashort Bond	56	1.37%	3.55B	Jan 2011	XFN.TO vs ZST.TO
HXT.TO	Global X S&P/TSX 60 Index Corporate Class ETF	Canada Equities	93	13.87%	5.40B	Sep 2010	XFN.TO vs HXT.TO
CDZ.TO	iShares S&P/TSX Canadian Dividend Aristocrats Inde...	Canada Equities	65	13.05%	1.26B	Sep 2006	XFN.TO vs CDZ.TO
VFH	Vanguard Financials ETF	Financials Equities	24	4.71%	13.50B	Jan 2004	XFN.TO vs VFH
LBS.TO	Life & Banc Split Corp.		98	99.74%	—	—	XFN.TO vs LBS.TO
XHC.TO	iShares Global Healthcare Index ETF (CAD-Hedged)	Health & Biotech Equities	34	1.01%	514.10M	Apr 2011	XFN.TO vs XHC.TO
DIV.TO	Diversified Royalty Corp.		94	26.10%	—	—	XFN.TO vs DIV.TO
HEWB.TO	Global X Equal Weight Canadian Banks Index Corpora...	Canada Equities, Equal Weight	98	36.46%	337.38M	Jan 2019	XFN.TO vs HEWB.TO
FCIV.TO	Fidelity International Value ETF	Foreign Large Cap Equities	88	18.43%	2.31B	Jun 2025	XFN.TO vs FCIV.TO
XEG.TO	iShares S&P/TSX Capped Energy Index ETF	Energy Equities, Canada Equities	78	35.02%	2.38B	Mar 2001	XFN.TO vs XEG.TO
ZBI.TO	BMO Canadian Bank Income Index ETF	Canadian Government Bonds	90	2.08%	—	Feb 2022	XFN.TO vs ZBI.TO
XDV.TO	iShares Canadian Select Dividend Index ETF	Canada Equities	98	25.50%	2.63B	Dec 2005	XFN.TO vs XDV.TO
FCCNX	Fidelity Advisor Canada Fund Class C	Foreign Large Cap Equities	31	7.44%	—	May 2007	XFN.TO vs FCCNX
ZIN.TO	BMO Equal Weight Industrials Index ETF	Industrials Equities, Equal Weight	83	24.06%	59.58M	Nov 2012	XFN.TO vs ZIN.TO
CLSA.TO	Brompton Split Corp. Enhanced Equity Income ETF	Canada Equities	98	42.34%	—	Mar 2025	XFN.TO vs CLSA.TO
BANK.TO	Evolve Canadian Banks and Lifecos Enhanced Yield I...	Derivative Income	98	34.25%	1.26B	Feb 2022	XFN.TO vs BANK.TO

Compare XFN.TO with Any Fund or Stock

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

Symbol name

Diversifiers

Pair XFN.TO with funds that move differently

iShares S&P/TSX Capped Financials Index ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to XFN.TO.

Explore XFN.TO Diversifiers

iShares S&P/TSX Capped Financials Index ETF (XFN.TO) Alternatives