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 | |
|---|---|---|---|---|---|
| BMO US Aggregate Bond Index ETF | 0.09% | — | Jan 2023 | BND.TO vs ZUAG.TO | |
| Vanguard Global Aggregate Bond Index ETF (CAD-hedg... | 0.33% | — | Jan 2020 | BND.TO vs VGAB.NEO | |
| Fidelity All-in-One Fixed Income ETF | 0.33% | — | May 2025 | BND.TO vs FFIX.NEO | |
| Vanguard Global ex-U.S. Aggregate Bond Index ETF (... | 0.39% | — | Jun 2014 | BND.TO vs VBG.NEO | |
| Global X Active Global Fixed Income ETF | 0.59% | 66.00M | 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 32.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| TD Active Global Income ETF | 32 | 370.08M | Nov 2019 | BND.TO vs TGFI.TO | |
| Fidelity All-in-One Fixed Income ETF | 26 | — | May 2025 | BND.TO vs FFIX.NEO | |
| NBI Unconstrained Fixed Income ETF | 24 | 2.91B | Oct 2019 | BND.TO vs NUBF.TO | |
| Global X Active Global Fixed Income ETF | 16 | 66.00M | Jul 2009 | BND.TO vs HAF.TO | |
| Vanguard Global Aggregate Bond Index ETF (CAD-hedg... | 11 | — | Jan 2020 | BND.TO vs VGAB.NEO |
Top Performing BND.TO Alternatives (YTD)
BND.TO is at 1.55% YTD. There are 3 ETFs in the Global Bonds category with higher YTD returns, going as high as 3.68%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| BMO US Aggregate Bond Index ETF | 3.68% | — | Jan 2023 | BND.TO vs ZUAG.TO | |
| Global X Active Global Fixed Income ETF | 2.70% | 66.00M | Jul 2009 | BND.TO vs HAF.TO | |
| Fidelity All-in-One Fixed Income ETF | 1.56% | — | May 2025 | BND.TO vs FFIX.NEO | |
| NBI Unconstrained Fixed Income ETF | 1.14% | 2.91B | Oct 2019 | BND.TO vs NUBF.TO | |
| TD Active Global Income ETF | 0.45% | 370.08M | Nov 2019 | BND.TO vs TGFI.TO |
Lowest Volatility Alternatives to BND.TO
BND.TO has 3.14% 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 3.78%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Global ex-U.S. Aggregate Bond Index ETF (... | 3.78% | — | Jun 2014 | BND.TO vs VBG.NEO | |
| Vanguard Global Aggregate Bond Index ETF (CAD-hedg... | 3.96% | — | Jan 2020 | BND.TO vs VGAB.NEO | |
| TD Active Global Income ETF | 3.98% | 370.08M | Nov 2019 | BND.TO vs TGFI.TO | |
| Fidelity All-in-One Fixed Income ETF | 4.25% | — | May 2025 | BND.TO vs FFIX.NEO | |
| NBI Unconstrained Fixed Income ETF | 5.90% | 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 | |
|---|---|---|---|---|---|
| Fidelity All-in-One Fixed Income ETF | -2.57% | — | May 2025 | BND.TO vs FFIX.NEO | |
| TD Active Global Income ETF | -3.07% | 370.08M | Nov 2019 | BND.TO vs TGFI.TO | |
| Vanguard Global Aggregate Bond Index ETF (CAD-hedg... | -3.08% | — | Jan 2020 | BND.TO vs VGAB.NEO | |
| Vanguard Global ex-U.S. Aggregate Bond Index ETF (... | -3.17% | — | Jun 2014 | BND.TO vs VBG.NEO | |
| Global X Active Global Fixed Income ETF | -3.87% | 66.00M | Jul 2009 | BND.TO vs HAF.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.
Compare BND.TO with Any Fund or Stock
Compare BND.TO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
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