BMO Equal Weight Global Gold Index ETF (ZGD.TO) Alternatives

BMO Equal Weight Global Gold Index ETF (ZGD.TO) belongs to the Gold category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with ZGD.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.

Cheapest Alternatives to ZGD.TO

ZGD.TO charges 0.60% annually. Among ETFs in the Gold category, these options have the lowest expense ratios among ZGD.TO alternatives.

Symbol	Name	Expense Ratio	Inception
ZGLD.TO	BMO Gold Bullion ETF (CAD Units)	0.23%	Mar 8, 2024	ZGD.TO vs ZGLD.TO
ZGLH.TO	BMO Gold Bullion Hedged to CAD ETF	0.23%	Mar 8, 2024	ZGD.TO vs ZGLH.TO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	0.28%	Oct 15, 2018	ZGD.TO vs KILO-B.TO
HGGG.TO	Harvest Global Gold Giants Index ETF	0.40%	Jan 10, 2019	ZGD.TO vs HGGG.TO
HUG.TO	Global X Gold ETF	0.54%	Jun 24, 2009	ZGD.TO vs HUG.TO

Best Risk-Adjusted Alternatives to ZGD.TO

Among ETFs in the Gold category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.

Symbol	Name	Risk / Return Rank	Inception
HGGG.TO	Harvest Global Gold Giants Index ETF	94	Jan 10, 2019	ZGD.TO vs HGGG.TO
GLCC.TO	Global X Gold Producer Equity Covered Call ETF	90	Apr 11, 2011	ZGD.TO vs GLCC.TO
ZGLD.TO	BMO Gold Bullion ETF (CAD Units)	86	Mar 8, 2024	ZGD.TO vs ZGLD.TO
CGL-C.TO	iShares Gold Bullion ETF	85	Mar 31, 2011	ZGD.TO vs CGL-C.TO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	84	Oct 15, 2018	ZGD.TO vs KILO-B.TO

Top Performing ZGD.TO Alternatives (YTD)

ZGD.TO alternatives from the Gold category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
ZGLD.TO	BMO Gold Bullion ETF (CAD Units)	10.24%	Mar 8, 2024	ZGD.TO vs ZGLD.TO
CGL-C.TO	iShares Gold Bullion ETF	10.00%	Mar 31, 2011	ZGD.TO vs CGL-C.TO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	9.94%	Oct 15, 2018	ZGD.TO vs KILO-B.TO
CGL.TO	iShares Gold Bullion ETF (CAD-Hedged)	8.13%	May 28, 2009	ZGD.TO vs CGL.TO
ZGLH.TO	BMO Gold Bullion Hedged to CAD ETF	7.81%	Mar 8, 2024	ZGD.TO vs ZGLH.TO

Lowest Volatility Alternatives to ZGD.TO

ZGD.TO alternatives from the Gold category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
HGY.TO	Global X Gold Yield ETF	23.57%	Dec 14, 2010	ZGD.TO vs HGY.TO
ZGLD.TO	BMO Gold Bullion ETF (CAD Units)	26.02%	Mar 8, 2024	ZGD.TO vs ZGLD.TO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	26.05%	Oct 15, 2018	ZGD.TO vs KILO-B.TO
CGL-C.TO	iShares Gold Bullion ETF	26.21%	Mar 31, 2011	ZGD.TO vs CGL-C.TO
ZGLH.TO	BMO Gold Bullion Hedged to CAD ETF	27.19%	Mar 8, 2024	ZGD.TO vs ZGLH.TO

Lowest Drawdown Alternatives to ZGD.TO

ZGD.TO alternatives from the Gold category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
ZGLD.TO	BMO Gold Bullion ETF (CAD Units)	-17.23%	Mar 8, 2024	ZGD.TO vs ZGLD.TO
CGL-C.TO	iShares Gold Bullion ETF	-17.37%	Mar 31, 2011	ZGD.TO vs CGL-C.TO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	-17.41%	Oct 15, 2018	ZGD.TO vs KILO-B.TO
HGY.TO	Global X Gold Yield ETF	-17.47%	Dec 14, 2010	ZGD.TO vs HGY.TO
HUG.TO	Global X Gold ETF	-19.27%	Jun 24, 2009	ZGD.TO vs HUG.TO

Other ETFs from BMO

Most popular BMO ETFs on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
ZMMK.TO	BMO Money Market Fund ETF Series	Money Market	100	0.57%	Nov 28, 2021	ZGD.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	47	-3.17%	Nov 14, 2012	ZGD.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	75	0.41%	Jan 24, 2022	ZGD.TO vs ZEQT.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	94	3.87%	May 29, 2009	ZGD.TO vs ZCN.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities	98	1.92%	Oct 19, 2009	ZGD.TO vs ZEB.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Large Cap Growth Equities	62	-6.55%	Jan 19, 2010	ZGD.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Large Cap Blend Equities	54	-4.69%	Feb 11, 2019	ZGD.TO vs ZNQ.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	16	0.04%	Jan 19, 2010	ZGD.TO vs ZAG.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	82	1.42%	Oct 21, 2011	ZGD.TO vs ZLB.TO
ZUQ.TO	BMO MSCI USA High Quality Index ETF	Large Cap Blend Equities	26	-2.48%	Nov 4, 2014	ZGD.TO vs ZUQ.TO

Often Compared With ZGD.TO

What investors most often compare with ZGD.TO, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
XGD.TO	iShares S&P/TSX Global Gold Index ETF	Precious Metals	93	10.99%	Mar 23, 2001	ZGD.TO vs XGD.TO
GLD	SPDR Gold Shares	Gold, Precious Metals	87	8.57%	Nov 18, 2004	ZGD.TO vs GLD
AMAX.TO	Hamilton Gold Producer YIELD MAXIMIZER ETF	Gold, Derivative Income	84	4.61%	Feb 6, 2024	ZGD.TO vs AMAX.TO
GDXU	MicroSectors Gold Miners 3X Leveraged ETN	Leveraged Equities, Leveraged	87	-17.35%	Dec 2, 2020	ZGD.TO vs GDXU
SGDM	Sprott Gold Miners ETF	Materials	92	8.42%	Jul 15, 2014	ZGD.TO vs SGDM
RGPM.NEO	RBC Global Precious Metals Fund	Precious Metals	91	8.72%	Mar 8, 2023	ZGD.TO vs RGPM.NEO
VOO	Vanguard S&P 500 ETF	S&P 500	65	-4.42%	Sep 7, 2010	ZGD.TO vs VOO
SPY	State Street SPDR S&P 500 ETF	S&P 500	64	-4.37%	Jan 22, 1993	ZGD.TO vs SPY
^GSPC	S&P 500 Index		74	-4.63%	—	ZGD.TO vs ^GSPC
ZMT.TO	BMO S&P/TSX Equal Weight Global Base Metals (CAD H...	Energy Equities	91	9.48%	Oct 20, 2009	ZGD.TO vs ZMT.TO
ZJG.TO	BMO Junior Gold Index ETF	Precious Metals	94	12.15%	Jan 19, 2010	ZGD.TO vs ZJG.TO
DXMO.TO	Dynamic Active Mining Opportunities ETF	Materials	87	3.52%	Jul 2, 2024	ZGD.TO vs DXMO.TO
GLDX.TO	Global X Gold Producers Index ETF	Commodity Producers Equities	92	8.02%	Nov 6, 2024	ZGD.TO vs GLDX.TO
GBUG	Sprott Active Gold & Silver Miners ETF	Precious Metals	92	4.01%	Feb 19, 2025	ZGD.TO vs GBUG
KIN2.DE	Kinross Gold Corporation		92	5.20%	—	ZGD.TO vs KIN2.DE
USA.TO	Americas Gold and Silver Corporation		91	3.12%	—	ZGD.TO vs USA.TO
XMA.TO	iShares S&P/TSX Capped Materials Index ETF	Materials	92	10.45%	Dec 19, 2005	ZGD.TO vs XMA.TO
GDX	VanEck Gold Miners ETF	Gold, Precious Metals	92	7.00%	May 16, 2006	ZGD.TO vs GDX
AYA.TO	Aya Gold & Silver Inc.		78	8.04%	—	ZGD.TO vs AYA.TO
MNT.TO	Royal Canadian Mint - Canadian Gold Reserves		70	6.88%	—	ZGD.TO vs MNT.TO

Compare ZGD.TO with Any Fund or Stock

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

Symbol name

BMO Equal Weight Global Gold Index ETF

Symbol name