CBIL.TO Alternatives & Similar ETFs

Global X 0-3 Month T-Bill ETF (CBIL.TO) belongs to the Canadian Government Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with CBIL.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to CBIL.TO

CBIL.TO charges 0.10% annually. There are 3 ETFs in the Canadian Government Bonds category with lower expense ratios, going as low as 0.08%.

Symbol	Name	Expense Ratio	AUM	Inception
TDB.TO	TD Canadian Aggregate Bond Index ETF	0.08%	4.07B	Mar 2016	CBIL.TO vs TDB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	0.09%	13.13B	Jan 2010	CBIL.TO vs ZAG.TO
VAB.TO	Vanguard Canadian Aggregate Bond Index ETF	0.09%	7.52B	Nov 2011	CBIL.TO vs VAB.TO
XSB.TO	iShares Core Canadian Short Term Bond Index ETF	0.10%	4.31B	Nov 2000	CBIL.TO vs XSB.TO
ZSB.TO	BMO Short-Term Bond Index ETF	0.10%	181.20M	Mar 2018	CBIL.TO vs ZSB.TO

Best Risk-Adjusted Alternatives to CBIL.TO

CBIL.TO has a PortfoliosLab risk / return rank of 99. No ETFs in the Canadian Government Bonds category have higher risk-adjusted ranks; the top alternatives shown here go as high as 99.

Symbol	Name	Risk / Return Rank	AUM	Inception
VVSG.TO	Vanguard Canadian Ultra-Short Government Bond Inde...	99	214.29M	Sep 2024	CBIL.TO vs VVSG.TO
XFR.TO	iShares Floating Rate Index ETF	98	793.90M	Dec 2011	CBIL.TO vs XFR.TO
PFL.TO	Invesco Canadian Government Floating Rate Index ET...	97	258.84M	Jul 2014	CBIL.TO vs PFL.TO
ZBI.TO	BMO Canadian Bank Income Index ETF	88	—	Feb 2022	CBIL.TO vs ZBI.TO
XSHG.TO	iShares ESG Advanced 1-5 Year Canadian Corporate B...	67	—	Aug 2021	CBIL.TO vs XSHG.TO

Top Performing CBIL.TO Alternatives (YTD)

CBIL.TO is at 1.10% YTD. There are 8 ETFs in the Canadian Government Bonds category with higher YTD returns, going as high as 1.95%.

Symbol	Name	YTD Return	AUM	Inception
ZBI.TO	BMO Canadian Bank Income Index ETF	1.95%	—	Feb 2022	CBIL.TO vs ZBI.TO
CORE.TO	PIMCO Canadian Core Bond Fund	1.95%	—	Jan 2011	CBIL.TO vs CORE.TO
XSH.TO	iShares Core Canadian Short Term Corporate Bond In...	1.35%	2.65B	Sep 2011	CBIL.TO vs XSH.TO
XFR.TO	iShares Floating Rate Index ETF	1.31%	793.90M	Dec 2011	CBIL.TO vs XFR.TO
ZCS.TO	BMO Short Corporate Bond Index ETF	1.31%	4.96B	Oct 2009	CBIL.TO vs ZCS.TO

Lowest Volatility Alternatives to CBIL.TO

CBIL.TO has 0.26% 1-year volatility. No ETFs in the Canadian Government Bonds category have lower 1-year volatility; the lowest-volatility alternatives shown here go as low as 0.34%.

Symbol	Name	Volatility 1Y	AUM	Inception
VVSG.TO	Vanguard Canadian Ultra-Short Government Bond Inde...	0.34%	214.29M	Sep 2024	CBIL.TO vs VVSG.TO
XFR.TO	iShares Floating Rate Index ETF	0.71%	793.90M	Dec 2011	CBIL.TO vs XFR.TO
PFL.TO	Invesco Canadian Government Floating Rate Index ET...	0.82%	258.84M	Jul 2014	CBIL.TO vs PFL.TO
XSTB.TO	iShares ESG Aware Canadian Short Term Bond Index E...	1.83%	146.43M	Mar 2019	CBIL.TO vs XSTB.TO
XSHG.TO	iShares ESG Advanced 1-5 Year Canadian Corporate B...	1.87%	—	Aug 2021	CBIL.TO vs XSHG.TO

Lowest Drawdown Alternatives to CBIL.TO

CBIL.TO has a 1-year max drawdown of -0.04%. No ETFs in the Canadian Government Bonds category have shallower 1-year drawdowns; the lowest-drawdown alternatives shown here go as shallow as -0.10%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
XFR.TO	iShares Floating Rate Index ETF	-0.10%	793.90M	Dec 2011	CBIL.TO vs XFR.TO
VVSG.TO	Vanguard Canadian Ultra-Short Government Bond Inde...	-0.14%	214.29M	Sep 2024	CBIL.TO vs VVSG.TO
PFL.TO	Invesco Canadian Government Floating Rate Index ET...	-0.15%	258.84M	Jul 2014	CBIL.TO vs PFL.TO
ZBI.TO	BMO Canadian Bank Income Index ETF	-1.21%	—	Feb 2022	CBIL.TO vs ZBI.TO
XSTB.TO	iShares ESG Aware Canadian Short Term Bond Index E...	-1.35%	146.43M	Mar 2019	CBIL.TO vs XSTB.TO

Other ETFs from Global X

The 10 most viewed Global X ETFs shown here include CASH.TO, QQCL.TO, HXS.TO and span 10 categories. AUM among these funds goes as high as $7B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
CASH.TO	Global X High Interest Savings ETF	Money Market	100	1.06%	6.66B	Nov 2021	CBIL.TO vs CASH.TO
QQCL.TO	Global X Enhanced NASDAQ-100 Covered Call ETF	Nasdaq-100, Derivative Income	77	19.66%	370.02M	Oct 2023	CBIL.TO vs QQCL.TO
HXS.TO	Global X S&P 500 Index Corporate Class ETF	S&P 500	76	13.52%	7.49B	Nov 2010	CBIL.TO vs HXS.TO
HXT.TO	Global X S&P/TSX 60 Index Corporate Class ETF	Canada Equities	92	13.38%	5.40B	Sep 2010	CBIL.TO vs HXT.TO
CHPS.TO	Global X Artificial Intelligence Semiconductor Ind...	Semiconductors, Technology Equities	89	56.31%	391.52M	Jun 2021	CBIL.TO vs CHPS.TO
HSAV.TO	Global X Cash Maximizer Corporate Class ETF	Money Market	64	0.90%	1.93B	Feb 2020	CBIL.TO vs HSAV.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	Financials Equities, Equal Weight	98	33.80%	—	Jul 2023	CBIL.TO vs HBNK.TO
USCL.TO	Global X Enhanced S&P 500 Covered Call ETF	Derivative Income, S&P 500	85	14.62%	250.73M	Jul 2023	CBIL.TO vs USCL.TO
QQCC.TO	Global X NASDAQ-100 Covered Call ETF	Nasdaq-100, Derivative Income	77	15.88%	709.55M	Sep 2011	CBIL.TO vs QQCC.TO
ENCC.TO	Global X Canadian Oil and Gas Equity Covered Call ...	Derivative Income, Energy Equities	89	28.07%	714.60M	Apr 2011	CBIL.TO vs ENCC.TO

Often Compared With CBIL.TO

Investors most often compare CBIL.TO with ZMMK.TO, TBIL, CMR.TO. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ZMMK.TO	BMO Money Market Fund ETF Series	Money Market	99	1.23%	5.77B	Nov 2021	CBIL.TO vs ZMMK.TO
TBIL	F/m US Treasury 3 Month Bill ETF	Ultrashort Bond	100	1.91%	7.15B	Aug 2022	CBIL.TO vs TBIL
CMR.TO	iShares Premium Money Market ETF	Money Market	100	1.23%	2.63B	Feb 2008	CBIL.TO vs CMR.TO
ZST.TO	BMO Ultra Short-Term Bond ETF	Ultrashort Bond	55	1.35%	3.55B	Jan 2011	CBIL.TO vs ZST.TO
PSA.TO	Purpose High Interest Savings Fund	Money Market	99	1.13%	4.10B	Oct 2013	CBIL.TO vs PSA.TO
SGOV	iShares 0-3 Month Treasury Bond ETF	Ultrashort Bond	100	1.92%	97.69B	May 2020	CBIL.TO vs SGOV
TCSH.TO	TD Cash Management ETF	Ultrashort Bond	99	1.13%	—	Feb 2024	CBIL.TO vs TCSH.TO
MNY.TO	Purpose Cash Management Fund	Money Market	100	1.21%	2.90B	Sep 2022	CBIL.TO vs MNY.TO
PMIF.TO	PIMCO Monthly Income Fund (Canada)		47	0.15%	39.17B	—	CBIL.TO vs PMIF.TO
CLF.TO	iShares 1-5 Year Laddered Government Bond Index ET...	Canadian Government Bonds	48	0.84%	753.20M	Jan 2008	CBIL.TO vs CLF.TO
VFV.TO	Vanguard S&P 500 Index ETF	S&P 500	79	13.78%	34.09B	Nov 2012	CBIL.TO vs VFV.TO
CSAV.TO	CI High Interest Savings ETF	Money Market	99	1.07%	4.56B	Jun 2019	CBIL.TO vs CSAV.TO
CBO.TO	iShares 1-5 Year Laddered Corporate Bond Index ETF	Canadian Government Bonds	56	0.98%	929.21M	Feb 2009	CBIL.TO vs CBO.TO
XQB.TO	iShares High Quality Canadian Bond Index ETF	Canadian Government Bonds	28	1.03%	537.77M	Nov 2009	CBIL.TO vs XQB.TO
XBB.TO	iShares Core Canadian Universe Bond Index ETF	Intermediate Core Bond	27	0.97%	10.13B	Nov 2000	CBIL.TO vs XBB.TO
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	Derivative Income, Short-Term Bond	49	0.48%	224.00M	Sep 2024	CBIL.TO vs HBIL.TO
HSUV-U.TO	Global X USD Cash Maximizer Corporate Class ETF	Money Market	96	1.60%	769.87M	Jun 2020	CBIL.TO vs HSUV-U.TO
HBND.TO	Hamilton U.S. Bond YIELD MAXIMIZER ETF (CAD Hedge...	Government Bonds, Derivative Income	13	-1.60%	199.20M	Aug 2024	CBIL.TO vs HBND.TO
PPLN.TO	Global X Equal Weight Canadian Pipelines Index ETF	Energy Equities, Equal Weight	91	33.22%	—	Jul 2014	CBIL.TO vs PPLN.TO
TBIL.TO	Harvest Canadian T-Bill ETF	Money Market	—	—	—	Jan 2024	CBIL.TO vs TBIL.TO

Compare CBIL.TO with Any Fund or Stock

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

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Diversifiers

Pair CBIL.TO with funds that move differently

Global X 0-3 Month T-Bill ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CBIL.TO.

Explore CBIL.TO Diversifiers

Global X 0-3 Month T-Bill ETF (CBIL.TO) Alternatives