BND.TO Alternatives & Similar ETFs

Purpose Global Bond Fund (BND.TO) belongs to the Global Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with BND.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to BND.TO

Among 7 ETFs in the Global Bonds category with expense-ratio data, the lowest-cost alternatives shown here go as low as 0.09%.

Symbol	Name	Expense Ratio	AUM	Inception
ZUAG.TO	BMO US Aggregate Bond Index ETF	0.09%	—	Jan 2023	BND.TO vs ZUAG.TO
FFIX.NEO	Fidelity All-in-One Fixed Income ETF	0.33%	—	May 2025	BND.TO vs FFIX.NEO
VGAB.NEO	Vanguard Global Aggregate Bond Index ETF (CAD-hedg...	0.33%	—	Jan 2020	BND.TO vs VGAB.NEO
VBG.NEO	Vanguard Global ex-U.S. Aggregate Bond Index ETF (...	0.39%	—	Jun 2014	BND.TO vs VBG.NEO
HAF.TO	Global X Active Global Fixed Income ETF	0.59%	66.47M	Jul 2009	BND.TO vs HAF.TO

Best Risk-Adjusted Alternatives to BND.TO

BND.TO has a PortfoliosLab risk / return rank of 56. No ETFs in the Global Bonds category have higher risk-adjusted ranks; the top alternatives shown here go as high as 36.

Symbol	Name	Risk / Return Rank	AUM	Inception
FFIX.NEO	Fidelity All-in-One Fixed Income ETF	36	—	May 2025	BND.TO vs FFIX.NEO
TGFI.TO	TD Active Global Income ETF	34	375.73M	Nov 2019	BND.TO vs TGFI.TO
MGB.TO	Mackenzie Core Plus Global Fixed Income ETF	23	—	Apr 2016	BND.TO vs MGB.TO
NUBF.TO	NBI Unconstrained Fixed Income ETF	22	2.91B	Oct 2019	BND.TO vs NUBF.TO
HAF.TO	Global X Active Global Fixed Income ETF	19	66.47M	Jul 2009	BND.TO vs HAF.TO

Top Performing BND.TO Alternatives (YTD)

BND.TO is at 1.18% YTD. There are 2 ETFs in the Global Bonds category with higher YTD returns, going as high as 2.74%.

Symbol	Name	YTD Return	AUM	Inception
ZUAG.TO	BMO US Aggregate Bond Index ETF	2.74%	—	Jan 2023	BND.TO vs ZUAG.TO
HAF.TO	Global X Active Global Fixed Income ETF	2.24%	66.47M	Jul 2009	BND.TO vs HAF.TO
FFIX.NEO	Fidelity All-in-One Fixed Income ETF	1.12%	—	May 2025	BND.TO vs FFIX.NEO
NUBF.TO	NBI Unconstrained Fixed Income ETF	0.66%	2.91B	Oct 2019	BND.TO vs NUBF.TO
TGFI.TO	TD Active Global Income ETF	0.45%	375.73M	Nov 2019	BND.TO vs TGFI.TO

Lowest Volatility Alternatives to BND.TO

BND.TO has 3.15% 1-year volatility. No ETFs in the Global Bonds category have lower 1-year volatility; the lowest-volatility alternatives shown here go as low as 3.88%.

Symbol	Name	Volatility 1Y	AUM	Inception
TGFI.TO	TD Active Global Income ETF	3.88%	375.73M	Nov 2019	BND.TO vs TGFI.TO
VGAB.NEO	Vanguard Global Aggregate Bond Index ETF (CAD-hedg...	3.96%	—	Jan 2020	BND.TO vs VGAB.NEO
VBG.NEO	Vanguard Global ex-U.S. Aggregate Bond Index ETF (...	4.22%	—	Jun 2014	BND.TO vs VBG.NEO
FFIX.NEO	Fidelity All-in-One Fixed Income ETF	4.24%	—	May 2025	BND.TO vs FFIX.NEO
NUBF.TO	NBI Unconstrained Fixed Income ETF	5.69%	2.91B	Oct 2019	BND.TO vs NUBF.TO

Lowest Drawdown Alternatives to BND.TO

BND.TO has a 1-year max drawdown of -2.87%. There is 1 ETF in the Global Bonds category with a shallower 1-year drawdown, going as shallow as -2.57%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
FFIX.NEO	Fidelity All-in-One Fixed Income ETF	-2.57%	—	May 2025	BND.TO vs FFIX.NEO
TGFI.TO	TD Active Global Income ETF	-3.07%	375.73M	Nov 2019	BND.TO vs TGFI.TO
VGAB.NEO	Vanguard Global Aggregate Bond Index ETF (CAD-hedg...	-3.08%	—	Jan 2020	BND.TO vs VGAB.NEO
VBG.NEO	Vanguard Global ex-U.S. Aggregate Bond Index ETF (...	-3.17%	—	Jun 2014	BND.TO vs VBG.NEO
MGB.TO	Mackenzie Core Plus Global Fixed Income ETF	-3.39%	—	Apr 2016	BND.TO vs MGB.TO

Often Compared With BND.TO

Investors most often compare BND.TO with SGOV, SCHD, SPY. These 20 comparison targets span 14 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
SGOV	iShares 0-3 Month Treasury Bond ETF	Ultrashort Bond	100	1.94%	97.69B	May 2020	BND.TO vs SGOV
SCHD	Schwab U.S. Dividend Equity ETF	Dividend	89	19.84%	98.55B	Oct 2011	BND.TO vs SCHD
SPY	State Street SPDR S&P 500 ETF	S&P 500	70	11.28%	783.21B	Jan 1993	BND.TO vs SPY
JEPI	JPMorgan Equity Premium Income ETF	Dividend, Derivative Income	34	3.04%	45.17B	May 2020	BND.TO vs JEPI
BND	Vanguard Total Bond Market ETF	Total Bond Market	39	0.27%	394.40B	Apr 2007	BND.TO vs BND
SCHI	Schwab 5-10 Year Corporate Bond ETF	Corporate Bonds	41	0.21%	11.51B	Oct 2019	BND.TO vs SCHI
FALN	iShares Fallen Angels USD Bond ETF	High Yield Bonds	60	2.67%	1.64B	Jun 2016	BND.TO vs FALN
VTABX	Vanguard Total International Bond Index Fund Admir...	Global Bonds	11	0.47%	122.00B	May 2013	BND.TO vs VTABX
IGLB	iShares 10+ Year Investment Grade Corporate Bond E...	Corporate Bonds	23	-0.37%	2.70B	Dec 2009	BND.TO vs IGLB
VCB.TO	Vanguard Canadian Corporate Bond Index ETF	Corporate Bonds	43	1.27%	821.62M	Jan 2017	BND.TO vs VCB.TO
SCHA	Schwab U.S. Small-Cap ETF	Small Cap Blend Equities	78	21.72%	23.26B	Nov 2009	BND.TO vs SCHA
ZCM.TO	BMO Mid Corporate Bond Index ETF	Corporate Bonds	44	1.74%	1.46B	Jan 2010	BND.TO vs ZCM.TO
IGB.TO	Purpose Global Bond Class		36	0.57%	1.20B	—	BND.TO vs IGB.TO
VTI	Vanguard Total Stock Market ETF	Large Cap Blend Equities	70	11.75%	2.30T	May 2001	BND.TO vs VTI
XSI.TO	iShares Short Term Strategic Fixed Income ETF	High Yield Bonds	27	0.61%	45.12M	Jan 2015	BND.TO vs XSI.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	33	1.25%	13.13B	Jan 2010	BND.TO vs ZAG.TO
VNQ	Vanguard Real Estate ETF	REIT	37	12.76%	69.80B	Sep 2004	BND.TO vs VNQ
IGOV	iShares International Treasury Bond ETF	International Government Bonds	8	-1.58%	1.36B	Jan 2009	BND.TO vs IGOV
ZMMK.TO	BMO Money Market Fund ETF Series	Money Market	99	1.25%	5.77B	Nov 2021	BND.TO vs ZMMK.TO
SYLD.TO	Purpose Strategic Yield Fund		96	3.33%	521.60M	—	BND.TO vs SYLD.TO

Compare BND.TO with Any Fund or Stock

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

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Diversifiers

Pair BND.TO with funds that move differently

Purpose Global Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BND.TO.

Explore BND.TO Diversifiers

Purpose Global Bond Fund (BND.TO) Alternatives