iShares Core S&P 500 Index ETF (XUS-U.TO) belongs to the S&P 500 category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with XUS-U.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to XUS-U.TO
XUS-U.TO charges 0.09% annually. There is 1 ETF in the S&P 500 category with a lower expense ratio, going as low as 0.04%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Global X Enhanced S&P 500 Covered Call ETF | 0.04% | 250.98M | Jul 2023 | XUS-U.TO vs USCL.TO | |
| Vanguard S&P 500 Index ETF | 0.09% | 32.85B | Nov 2012 | XUS-U.TO vs VFV.TO | |
| Vanguard S&P 500 Index ETF (CAD-hedged) | 0.09% | 6.15B | Nov 2012 | XUS-U.TO vs VSP.TO | |
| BMO S&P 500 Index ETF (USD) | 0.09% | — | Nov 2012 | XUS-U.TO vs ZSP-U.TO | |
| BMO S&P 500 (CAD Hedged) | 0.09% | 4.65B | May 2009 | XUS-U.TO vs ZUE.TO |
Best Risk-Adjusted Alternatives to XUS-U.TO
XUS-U.TO has a PortfoliosLab risk / return rank of 59. There are 12 ETFs in the S&P 500 category with higher risk-adjusted ranks, going as high as 89.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Global X Enhanced S&P 500 Index ETF | 89 | 11.18M | May 2024 | XUS-U.TO vs USSL.TO | |
| Invesco S&P 500 Equal Weight Income Advantage ETF | 84 | 155.19M | Nov 2025 | XUS-U.TO vs EQLI.TO | |
| Global X S&P 500 Covered Call ETF | 81 | 561.57M | Sep 2011 | XUS-U.TO vs USCC.TO | |
| iShares S&P 500 3% Capped Index ETF (CAD Units) | 79 | — | Jul 2024 | XUS-U.TO vs XUSC.TO | |
| Global X Enhanced S&P 500 Covered Call ETF | 78 | 250.98M | Jul 2023 | XUS-U.TO vs USCL.TO |
Top Performing XUS-U.TO Alternatives (YTD)
XUS-U.TO is at 7.31% YTD. There are 12 ETFs in the S&P 500 category with higher YTD returns, going as high as 14.48%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco S&P 500 Equal Weight Index ETF CAD | 14.48% | 1.66B | May 2018 | XUS-U.TO vs EQL.TO | |
| Global X Enhanced S&P 500 Index ETF | 13.68% | 11.18M | May 2024 | XUS-U.TO vs USSL.TO | |
| iShares S&P 500 3% Capped Index ETF (CAD Units) | 13.63% | — | Jul 2024 | XUS-U.TO vs XUSC.TO | |
| Invesco S&P 500 Equal Weight Income Advantage ETF | 12.97% | 155.19M | Nov 2025 | XUS-U.TO vs EQLI.TO | |
| Global X Enhanced S&P 500 Covered Call ETF | 12.39% | 250.98M | Jul 2023 | XUS-U.TO vs USCL.TO |
Lowest Volatility Alternatives to XUS-U.TO
XUS-U.TO has 12.57% 1-year volatility. There are 11 ETFs in the S&P 500 category with lower 1-year volatility, going as low as 9.15%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco S&P 500 Equal Weight Income Advantage ETF | 9.15% | 155.19M | Nov 2025 | XUS-U.TO vs EQLI.TO | |
| Global X S&P 500 Covered Call ETF | 9.86% | 561.57M | Sep 2011 | XUS-U.TO vs USCC.TO | |
| iShares S&P 500 3% Capped Index ETF (CAD Units) | 11.89% | — | Jul 2024 | XUS-U.TO vs XUSC.TO | |
| Vanguard S&P 500 Index ETF | 11.95% | 32.85B | Nov 2012 | XUS-U.TO vs VFV.TO | |
| Invesco S&P 500 Equal Weight Index ETF CAD | 12.06% | 1.66B | May 2018 | XUS-U.TO vs EQL.TO |
Lowest Drawdown Alternatives to XUS-U.TO
XUS-U.TO has a 1-year max drawdown of -9.30%. There are 10 ETFs in the S&P 500 category with shallower 1-year drawdowns, going as shallow as -5.47%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco S&P 500 Equal Weight Income Advantage ETF | -5.47% | 155.19M | Nov 2025 | XUS-U.TO vs EQLI.TO | |
| Global X S&P 500 Covered Call ETF | -6.71% | 561.57M | Sep 2011 | XUS-U.TO vs USCC.TO | |
| Invesco S&P 500 Equal Weight Index ETF CAD | -6.73% | 1.66B | May 2018 | XUS-U.TO vs EQL.TO | |
| iShares S&P 500 3% Capped Index ETF (CAD Units) | -7.60% | — | Jul 2024 | XUS-U.TO vs XUSC.TO | |
| Global X Enhanced S&P 500 Covered Call ETF | -8.56% | 250.98M | Jul 2023 | XUS-U.TO vs USCL.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.
Often Compared With XUS-U.TO
Investors most often compare XUS-U.TO with IVV, VOO, CHPS. These 20 comparison targets span 16 categories, based on PortfoliosLab usage data.
Compare XUS-U.TO with Any Fund or Stock
Compare XUS-U.TO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair XUS-U.TO with funds that move differently
iShares Core S&P 500 Index ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to XUS-U.TO.
Explore XUS-U.TO Diversifiers