BMO Gold Bullion ETF (CAD Units) (ZGLD.TO) Alternatives

BMO Gold Bullion ETF (CAD Units) (ZGLD.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 ZGLD.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 ZGLD.TO

ZGLD.TO charges 0.23% annually. Among ETFs in the Gold category, these options have the lowest expense ratios among ZGLD.TO alternatives.

Symbol	Name	Expense Ratio	Inception
ZGLH.TO	BMO Gold Bullion Hedged to CAD ETF	0.23%	Mar 8, 2024	ZGLD.TO vs ZGLH.TO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	0.28%	Oct 15, 2018	ZGLD.TO vs KILO-B.TO
HGGG.TO	Harvest Global Gold Giants Index ETF	0.40%	Jan 10, 2019	ZGLD.TO vs HGGG.TO
HUG.TO	Global X Gold ETF	0.54%	Jun 24, 2009	ZGLD.TO vs HUG.TO
CGL.TO	iShares Gold Bullion ETF (CAD-Hedged)	0.55%	May 28, 2009	ZGLD.TO vs CGL.TO

Best Risk-Adjusted Alternatives to ZGLD.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
ZGD.TO	BMO Equal Weight Global Gold Index ETF	95	Nov 14, 2012	ZGLD.TO vs ZGD.TO
HGGG.TO	Harvest Global Gold Giants Index ETF	94	Jan 10, 2019	ZGLD.TO vs HGGG.TO
GLCC.TO	Global X Gold Producer Equity Covered Call ETF	90	Apr 11, 2011	ZGLD.TO vs GLCC.TO
CGL-C.TO	iShares Gold Bullion ETF	85	Mar 31, 2011	ZGLD.TO vs CGL-C.TO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	84	Oct 15, 2018	ZGLD.TO vs KILO-B.TO

Top Performing ZGLD.TO Alternatives (YTD)

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

Symbol	Name	YTD Return	Inception
ZGD.TO	BMO Equal Weight Global Gold Index ETF	11.73%	Nov 14, 2012	ZGLD.TO vs ZGD.TO
CGL-C.TO	iShares Gold Bullion ETF	10.00%	Mar 31, 2011	ZGLD.TO vs CGL-C.TO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	9.94%	Oct 15, 2018	ZGLD.TO vs KILO-B.TO
CGL.TO	iShares Gold Bullion ETF (CAD-Hedged)	8.13%	May 28, 2009	ZGLD.TO vs CGL.TO
ZGLH.TO	BMO Gold Bullion Hedged to CAD ETF	7.81%	Mar 8, 2024	ZGLD.TO vs ZGLH.TO

Lowest Volatility Alternatives to ZGLD.TO

ZGLD.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	ZGLD.TO vs HGY.TO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	26.05%	Oct 15, 2018	ZGLD.TO vs KILO-B.TO
CGL-C.TO	iShares Gold Bullion ETF	26.21%	Mar 31, 2011	ZGLD.TO vs CGL-C.TO
ZGLH.TO	BMO Gold Bullion Hedged to CAD ETF	27.19%	Mar 8, 2024	ZGLD.TO vs ZGLH.TO
HUG.TO	Global X Gold ETF	27.70%	Jun 24, 2009	ZGLD.TO vs HUG.TO

Lowest Drawdown Alternatives to ZGLD.TO

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

Symbol	Name	Max Drawdown 1Y	Inception
CGL-C.TO	iShares Gold Bullion ETF	-17.37%	Mar 31, 2011	ZGLD.TO vs CGL-C.TO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	-17.41%	Oct 15, 2018	ZGLD.TO vs KILO-B.TO
HGY.TO	Global X Gold Yield ETF	-17.47%	Dec 14, 2010	ZGLD.TO vs HGY.TO
HUG.TO	Global X Gold ETF	-19.27%	Jun 24, 2009	ZGLD.TO vs HUG.TO
CGL.TO	iShares Gold Bullion ETF (CAD-Hedged)	-19.36%	May 28, 2009	ZGLD.TO vs CGL.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	ZGLD.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	47	-3.17%	Nov 14, 2012	ZGLD.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	75	0.41%	Jan 24, 2022	ZGLD.TO vs ZEQT.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	94	3.87%	May 29, 2009	ZGLD.TO vs ZCN.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities	98	1.92%	Oct 19, 2009	ZGLD.TO vs ZEB.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Large Cap Growth Equities	62	-6.55%	Jan 19, 2010	ZGLD.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Large Cap Blend Equities	54	-4.69%	Feb 11, 2019	ZGLD.TO vs ZNQ.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	16	0.04%	Jan 19, 2010	ZGLD.TO vs ZAG.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	82	1.42%	Oct 21, 2011	ZGLD.TO vs ZLB.TO
ZUQ.TO	BMO MSCI USA High Quality Index ETF	Large Cap Blend Equities	26	-2.48%	Nov 4, 2014	ZGLD.TO vs ZUQ.TO

Often Compared With ZGLD.TO

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

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
KILO.TO	Purpose Gold Bullion Fund		84	8.08%	—	ZGLD.TO vs KILO.TO
MNT.TO	Royal Canadian Mint - Canadian Gold Reserves		70	6.88%	—	ZGLD.TO vs MNT.TO
PHYS.TO	Sprott Physical Gold Trust		84	9.00%	—	ZGLD.TO vs PHYS.TO
XGD.TO	iShares S&P/TSX Global Gold Index ETF	Precious Metals	93	10.99%	Mar 23, 2001	ZGLD.TO vs XGD.TO
XEQT.TO	iShares Core Equity ETF Portfolio	Global Equities	75	0.66%	Aug 7, 2019	ZGLD.TO vs XEQT.TO
VALT.TO	CI Gold Bullion Fund		83	8.41%	—	ZGLD.TO vs VALT.TO
QQQ	Invesco QQQ ETF	Large Cap Growth Equities	69	-5.93%	Mar 10, 1999	ZGLD.TO vs QQQ
XCSR.TO	iShares ESG Advanced MSCI Canada Index ETF	Canada Equities	88	-2.97%	Apr 15, 2020	ZGLD.TO vs XCSR.TO
^GSPC	S&P 500 Index		74	-4.63%	—	ZGLD.TO vs ^GSPC
BTCC.TO	Purpose Bitcoin CAD ETF Currency Hedged Units	Cryptocurrency	5	-23.52%	Nov 9, 2021	ZGLD.TO vs BTCC.TO
ZJG.TO	BMO Junior Gold Index ETF	Precious Metals	94	12.15%	Jan 19, 2010	ZGLD.TO vs ZJG.TO
ZWG.TO	BMO Global High Dividend Covered Call ETF	Derivative Income	30	2.31%	Jan 15, 2020	ZGLD.TO vs ZWG.TO
HURA.TO	Global X Uranium Index ETF	Commodity Producers Equities	88	11.72%	May 15, 2019	ZGLD.TO vs HURA.TO
VEQT.TO	Vanguard All-Equity ETF Portfolio	Global Equities, Actively Managed	79	0.63%	Jan 29, 2019	ZGLD.TO vs VEQT.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	Dividend	97	9.07%	Nov 2, 2012	ZGLD.TO vs VDY.TO
ZEO.TO	BMO Equal Weight Oil & Gas Index ETF	Energy Equities	87	31.54%	Oct 20, 2009	ZGLD.TO vs ZEO.TO
DBC	Invesco DB Commodity Index Tracking Fund	Commodities	86	29.47%	Feb 3, 2006	ZGLD.TO vs DBC
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	Canada Equities	97	13.91%	Apr 12, 2011	ZGLD.TO vs XEI.TO
SBT.TO	Purpose Silver Bullion Fund	Precious Metals	86	5.57%	May 25, 2016	ZGLD.TO vs SBT.TO
AMAX.TO	Hamilton Gold Producer YIELD MAXIMIZER ETF	Gold, Derivative Income	84	4.61%	Feb 6, 2024	ZGLD.TO vs AMAX.TO

Compare ZGLD.TO with Any Fund or Stock

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

Symbol name

BMO Gold Bullion ETF (CAD Units)

Symbol name