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GBUL.TO vs. ZGLH.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

GBUL.TO vs. ZGLH.TO

Last updated Jun 6, 2026

GBUL.TO (Ninepoint Gold Bullion Fund Series ETF) and ZGLH.TO (BMO Gold Bullion Hedged to CAD ETF) are both Gold funds. GBUL.TO is passively managed, while ZGLH.TO is actively managed. GBUL.TO charges 0.50%/yr vs 0.23%/yr for ZGLH.TO.

Performance

GBUL.TO vs. ZGLH.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Ninepoint Gold Bullion Fund Series ETF (GBUL.TO) and BMO Gold Bullion Hedged to CAD ETF (ZGLH.TO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

GBUL.TO

1D
—
1M
—
YTD
—
6M
—
1Y
—
3Y*
—
5Y*
—
10Y*
—

ZGLH.TO

1D
—
1M
—
YTD
—
6M
—
1Y
—
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

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Ninepoint Gold Bullion Fund Series ETF

BMO Gold Bullion Hedged to CAD ETF

Often compared with GBUL.TO:
GBUL.TO vs. ZGLD.TOGBUL.TO vs. AMAX.TOGBUL.TO vs. CGL.TOGBUL.TO vs. GBSL.TOGBUL.TO vs. GLCC.TOGBUL.TO vs. HUG.TOGBUL.TO vs. ZGD.TO
Often compared with ZGLH.TO:
ZGLH.TO vs. ZGLD.TOZGLH.TO vs. HGGG.TOZGLH.TO vs. ZGD.TOZGLH.TO vs. KILO-B.TOZGLH.TO vs. CGL-C.TOZGLH.TO vs. KILO.TOZGLH.TO vs. HUG.TO

Return for Risk

GBUL.TO vs. ZGLH.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ninepoint Gold Bullion Fund Series ETF (GBUL.TO) and BMO Gold Bullion Hedged to CAD ETF (ZGLH.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

GBUL.TO vs. ZGLH.TO - Sharpe Ratio Comparison

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Drawdowns

GBUL.TO vs. ZGLH.TO - Drawdown Comparison

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Volatility

GBUL.TO vs. ZGLH.TO - Volatility Comparison

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GBUL.TO vs. ZGLH.TO - Expense Ratio Comparison

GBUL.TO has a 0.50% expense ratio, which is higher than ZGLH.TO's 0.23% expense ratio.

Dividends

GBUL.TO vs. ZGLH.TO - Dividend Comparison

Neither GBUL.TO nor ZGLH.TO has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

On fees, ZGLH.TO is cheaper at 0.23% per year. The better choice depends on whether you care most about return, fees, risk, or income.

ZGLH.TO is cheaper with a 0.23% expense ratio, compared with 0.50% for GBUL.TO.

They also come from different issuers: Ninepoint and BMO. Their fees differ too: 0.50% for GBUL.TO and 0.23% for ZGLH.TO.

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