ZGLH.TO Alternatives & Similar ETFs

BMO Gold Bullion Hedged to CAD ETF (ZGLH.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 ZGLH.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to ZGLH.TO

ZGLH.TO charges 0.23% annually. No ETFs in the Gold category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.23%.

Symbol	Name	Expense Ratio	AUM	Inception
ZGLD.TO	BMO Gold Bullion ETF (CAD Units)	0.23%	—	Mar 2024	ZGLH.TO vs ZGLD.TO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	0.28%	—	Oct 2018	ZGLH.TO vs KILO-B.TO
HGGG.TO	Harvest Global Gold Giants Index ETF	0.40%	48.63M	Jan 2019	ZGLH.TO vs HGGG.TO
HUG.TO	Global X Gold ETF	0.54%	55.12M	Jun 2009	ZGLH.TO vs HUG.TO
CGL.TO	iShares Gold Bullion ETF (CAD-Hedged)	0.55%	2.53B	May 2009	ZGLH.TO vs CGL.TO

Best Risk-Adjusted Alternatives to ZGLH.TO

ZGLH.TO has a PortfoliosLab risk / return rank of 31. There are 9 ETFs in the Gold category with higher risk-adjusted ranks, going as high as 49.

Symbol	Name	Risk / Return Rank	AUM	Inception
ZGD.TO	BMO Equal Weight Global Gold Index ETF	49	356.53M	Nov 2012	ZGLH.TO vs ZGD.TO
HGGG.TO	Harvest Global Gold Giants Index ETF	45	48.63M	Jan 2019	ZGLH.TO vs HGGG.TO
GLCL.TO	Global X Enhanced Gold Producer Equity Covered Cal...	41	—	Apr 2025	ZGLH.TO vs GLCL.TO
GLCC.TO	Global X Gold Producer Equity Covered Call ETF	39	597.10M	Apr 2011	ZGLH.TO vs GLCC.TO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	38	—	Oct 2018	ZGLH.TO vs KILO-B.TO

Top Performing ZGLH.TO Alternatives (YTD)

ZGLH.TO is at 2.02% YTD. There are 5 ETFs in the Gold category with higher YTD returns, going as high as 6.26%.

Symbol	Name	YTD Return	AUM	Inception
ZGD.TO	BMO Equal Weight Global Gold Index ETF	6.26%	356.53M	Nov 2012	ZGLH.TO vs ZGD.TO
CGL-C.TO	iShares Gold Bullion ETF	4.39%	—	Mar 2011	ZGLH.TO vs CGL-C.TO
ZGLD.TO	BMO Gold Bullion ETF (CAD Units)	4.35%	—	Mar 2024	ZGLH.TO vs ZGLD.TO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	4.14%	—	Oct 2018	ZGLH.TO vs KILO-B.TO
CGL.TO	iShares Gold Bullion ETF (CAD-Hedged)	2.15%	2.53B	May 2009	ZGLH.TO vs CGL.TO

Lowest Volatility Alternatives to ZGLH.TO

ZGLH.TO has 25.97% 1-year volatility. There are 4 ETFs in the Gold category with lower 1-year volatility, going as low as 23.45%.

Symbol	Name	Volatility 1Y	AUM	Inception
HGY.TO	Global X Gold Yield ETF	23.45%	219.30M	Dec 2010	ZGLH.TO vs HGY.TO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	25.07%	—	Oct 2018	ZGLH.TO vs KILO-B.TO
ZGLD.TO	BMO Gold Bullion ETF (CAD Units)	25.17%	—	Mar 2024	ZGLH.TO vs ZGLD.TO
CGL-C.TO	iShares Gold Bullion ETF	25.35%	—	Mar 2011	ZGLH.TO vs CGL-C.TO
HUG.TO	Global X Gold ETF	26.49%	55.12M	Jun 2009	ZGLH.TO vs HUG.TO

Lowest Drawdown Alternatives to ZGLH.TO

ZGLH.TO has a 1-year max drawdown of -19.51%. There are 6 ETFs in the Gold category with shallower 1-year drawdowns, going as shallow as -17.23%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
ZGLD.TO	BMO Gold Bullion ETF (CAD Units)	-17.23%	—	Mar 2024	ZGLH.TO vs ZGLD.TO
CGL-C.TO	iShares Gold Bullion ETF	-17.37%	—	Mar 2011	ZGLH.TO vs CGL-C.TO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	-17.41%	—	Oct 2018	ZGLH.TO vs KILO-B.TO
HGY.TO	Global X Gold Yield ETF	-17.47%	219.30M	Dec 2010	ZGLH.TO vs HGY.TO
HUG.TO	Global X Gold ETF	-19.27%	55.12M	Jun 2009	ZGLH.TO vs HUG.TO

Other ETFs from BMO

The 10 most viewed BMO ETFs shown here include ZMMK.TO, ZSP.TO, ZEQT.TO and span 7 categories. AUM among these funds goes as high as $24B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ZMMK.TO	BMO Money Market Fund ETF Series	Money Market	100	0.95%	5.70B	Nov 2021	ZGLH.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	72	12.15%	23.82B	Nov 2012	ZGLH.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	75	13.04%	789.04M	Jan 2022	ZGLH.TO vs ZEQT.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities	96	19.22%	5.16B	Oct 2009	ZGLH.TO vs ZEB.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	80	10.70%	16.67B	May 2009	ZGLH.TO vs ZCN.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	67	19.82%	3.25B	Jan 2010	ZGLH.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	74	22.76%	2.28B	Feb 2019	ZGLH.TO vs ZNQ.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	54	3.14%	6.10B	Oct 2011	ZGLH.TO vs ZLB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	21	1.70%	12.80B	Jan 2010	ZGLH.TO vs ZAG.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	85	18.56%	1.72B	Oct 2011	ZGLH.TO vs ZDV.TO

Often Compared With ZGLH.TO

Investors most often compare ZGLH.TO with KILO.TO, AMAX.TO, CGXF.TO. These 4 comparison targets span 4 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
KILO.TO	Purpose Gold Bullion Fund		30	2.15%	1.10B	—	ZGLH.TO vs KILO.TO
AMAX.TO	Hamilton Gold Producer YIELD MAXIMIZER ETF	Gold, Derivative Income	32	-1.05%	519.30M	Feb 2024	ZGLH.TO vs AMAX.TO
CGXF.TO	CI Gold+ Giants Covered Call ETF Common	Gold, Precious Metals	31	-2.14%	247.50M	Mar 2022	ZGLH.TO vs CGXF.TO
ZUQ.TO	BMO MSCI USA High Quality Index ETF	Large Cap Blend Equities	41	9.39%	1.24B	Nov 2014	ZGLH.TO vs ZUQ.TO

Compare ZGLH.TO with Any Fund or Stock

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

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Diversifiers

Pair ZGLH.TO with funds that move differently

BMO Gold Bullion Hedged to CAD ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ZGLH.TO.

Explore ZGLH.TO Diversifiers

BMO Gold Bullion Hedged to CAD ETF (ZGLH.TO) Alternatives