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 4 ETFs in the Canadian Government Bonds category with lower expense ratios, going as low as 0.07%.

Symbol	Name	Expense Ratio	AUM	Inception
CCBI.TO	CIBC Canadian Bond Index ETF	0.07%	—	Mar 2021	CBIL.TO vs CCBI.TO
TDB.TO	TD Canadian Aggregate Bond Index ETF	0.08%	4.08B	Mar 2016	CBIL.TO vs TDB.TO
VAB.TO	Vanguard Canadian Aggregate Bond Index ETF	0.09%	7.52B	Nov 2011	CBIL.TO vs VAB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	0.09%	13.09B	Jan 2010	CBIL.TO vs ZAG.TO
XSB.TO	iShares Core Canadian Short Term Bond Index ETF	0.10%	4.36B	Nov 2000	CBIL.TO vs XSB.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	803.49M	Dec 2011	CBIL.TO vs XFR.TO
PFL.TO	Invesco Canadian Government Floating Rate Index ET...	98	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...	65	—	Aug 2021	CBIL.TO vs XSHG.TO

Top Performing CBIL.TO Alternatives (YTD)

CBIL.TO is at 1.23% YTD. There are 5 ETFs in the Canadian Government Bonds category with higher YTD returns, going as high as 2.05%.

Symbol	Name	YTD Return	AUM	Inception
ZBI.TO	BMO Canadian Bank Income Index ETF	2.05%	—	Feb 2022	CBIL.TO vs ZBI.TO
XFR.TO	iShares Floating Rate Index ETF	1.49%	803.49M	Dec 2011	CBIL.TO vs XFR.TO
PFL.TO	Invesco Canadian Government Floating Rate Index ET...	1.41%	258.84M	Jul 2014	CBIL.TO vs PFL.TO
CORE.TO	PIMCO Canadian Core Bond Fund	1.30%	—	Jan 2011	CBIL.TO vs CORE.TO
VVSG.TO	Vanguard Canadian Ultra-Short Government Bond Inde...	1.28%	214.29M	Sep 2024	CBIL.TO vs VVSG.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	0.72%	803.49M	Dec 2011	CBIL.TO vs XFR.TO
PFL.TO	Invesco Canadian Government Floating Rate Index ET...	0.80%	258.84M	Jul 2014	CBIL.TO vs PFL.TO
XSTB.TO	iShares ESG Aware Canadian Short Term Bond Index E...	1.82%	147.82M	Mar 2019	CBIL.TO vs XSTB.TO
XSHG.TO	iShares ESG Advanced 1-5 Year Canadian Corporate B...	1.86%	—	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%	803.49M	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
CLF.TO	iShares 1-5 Year Laddered Government Bond Index ET...	-1.35%	757.03M	Jan 2008	CBIL.TO vs CLF.TO

Other ETFs from Global X

The 10 most viewed Global X ETFs shown here include CASH.TO, HXQ.TO, QQCL.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	1.20%	6.55B	Nov 2021	CBIL.TO vs CASH.TO
HXQ.TO	Global X Nasdaq-100 Index Corporate Class ETF	Nasdaq-100	49	14.56%	1.73B	Apr 2016	CBIL.TO vs HXQ.TO
QQCL.TO	Global X Enhanced NASDAQ-100 Covered Call ETF	Nasdaq-100, Derivative Income	54	14.15%	353.68M	Oct 2023	CBIL.TO vs QQCL.TO
HXS.TO	Global X S&P 500 Index Corporate Class ETF	S&P 500	67	12.29%	7.40B	Nov 2010	CBIL.TO vs HXS.TO
HXT.TO	Global X S&P/TSX 60 Index Corporate Class ETF	Canada Equities	93	13.38%	5.48B	Sep 2010	CBIL.TO vs HXT.TO
CHPS.TO	Global X Artificial Intelligence Semiconductor Ind...	Artificial Intelligence, Semiconductors, Technology Equities	78	44.43%	370.09M	Jun 2021	CBIL.TO vs CHPS.TO
HSAV.TO	Global X Cash Maximizer Corporate Class ETF	Money Market	63	1.00%	1.93B	Feb 2020	CBIL.TO vs HSAV.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	Financials Equities, Equal Weight	98	33.04%	—	Jul 2023	CBIL.TO vs HBNK.TO
USCL.TO	Global X Enhanced S&P 500 Covered Call ETF	Derivative Income, S&P 500	77	13.52%	244.05M	Jul 2023	CBIL.TO vs USCL.TO
QQCC.TO	Global X NASDAQ-100 Covered Call ETF	Nasdaq-100, Derivative Income	53	11.50%	683.57M	Sep 2011	CBIL.TO vs QQCC.TO

Often Compared With CBIL.TO

Investors most often compare CBIL.TO with ZMMK.TO, TBIL, CMR.TO. These 20 comparison targets span 13 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	1.36%	5.83B	Nov 2021	CBIL.TO vs ZMMK.TO
TBIL	F/m US Treasury 3 Month Bill ETF	Ultrashort Bond	100	2.11%	7.22B	Aug 2022	CBIL.TO vs TBIL
CMR.TO	iShares Premium Money Market ETF	Money Market	100	1.36%	2.70B	Feb 2008	CBIL.TO vs CMR.TO
ZST.TO	BMO Ultra Short-Term Bond ETF	Ultrashort Bond	61	1.53%	3.50B	Jan 2011	CBIL.TO vs ZST.TO
PSA.TO	Purpose High Interest Savings Fund	Money Market	100	1.27%	4.20B	Oct 2013	CBIL.TO vs PSA.TO
SGOV	iShares 0-3 Month Treasury Bond ETF	Ultrashort Bond	100	2.13%	99.95B	May 2020	CBIL.TO vs SGOV
TCSH.TO	TD Cash Management ETF	Ultrashort Bond	99	1.27%	—	Feb 2024	CBIL.TO vs TCSH.TO
MNY.TO	Purpose Cash Management Fund	Money Market	100	1.36%	3.10B	Sep 2022	CBIL.TO vs MNY.TO
PMIF.TO	PIMCO Monthly Income Fund (Canada)	Multisector Bonds, Global Bonds, Actively Managed	39	-0.47%	39.17B	Sep 2017	CBIL.TO vs PMIF.TO
VFV.TO	Vanguard S&P 500 Index ETF	S&P 500	70	12.34%	34.09B	Nov 2012	CBIL.TO vs VFV.TO
CSAV.TO	CI High Interest Savings ETF	Money Market	99	1.18%	4.51B	Jun 2019	CBIL.TO vs CSAV.TO
CBO.TO	iShares 1-5 Year Laddered Corporate Bond Index ETF	Canadian Government Bonds	47	0.94%	931.71M	Feb 2009	CBIL.TO vs CBO.TO
XBB.TO	iShares Core Canadian Universe Bond Index ETF	Intermediate Core Bond	26	0.50%	9.99B	Nov 2000	CBIL.TO vs XBB.TO
XQB.TO	iShares High Quality Canadian Bond Index ETF	Canadian Government Bonds	25	0.46%	532.49M	Nov 2009	CBIL.TO vs XQB.TO
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	Derivative Income, Short-Term Bond	37	0.15%	214.20M	Sep 2024	CBIL.TO vs HBIL.TO
HSUV-U.TO	Global X USD Cash Maximizer Corporate Class ETF	Money Market	95	1.60%	771.65M	Jun 2020	CBIL.TO vs HSUV-U.TO
ZSB.TO	BMO Short-Term Bond Index ETF	Canadian Government Bonds	55	1.06%	187.22M	Mar 2018	CBIL.TO vs ZSB.TO
HBND.TO	Hamilton U.S. Bond YIELD MAXIMIZER ETF (CAD Hedge...	Government Bonds, Derivative Income	8	-3.81%	199.30M	Aug 2024	CBIL.TO vs HBND.TO
PPLN.TO	Global X Equal Weight Canadian Pipelines Index ETF	Energy Equities, Equal Weight	90	31.89%	—	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.

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