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%	3.82B	Mar 2016	CBIL.TO vs TDB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	0.09%	12.80B	Jan 2010	CBIL.TO vs ZAG.TO
VAB.TO	Vanguard Canadian Aggregate Bond Index ETF	0.09%	7.35B	Nov 2011	CBIL.TO vs VAB.TO
XSB.TO	iShares Core Canadian Short Term Bond Index ETF	0.10%	4.21B	Nov 2000	CBIL.TO vs XSB.TO
XBB.TO	iShares Core Canadian Universe Bond Index ETF	0.10%	9.96B	Nov 2000	CBIL.TO vs XBB.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	207.90M	Sep 2024	CBIL.TO vs VVSG.TO
TCSH.TO	TD Cash Management ETF	99	—	Feb 2024	CBIL.TO vs TCSH.TO
XFR.TO	iShares Floating Rate Index ETF	98	812.99M	Dec 2011	CBIL.TO vs XFR.TO
ZBI.TO	BMO Canadian Bank Income Index ETF	85	—	Feb 2022	CBIL.TO vs ZBI.TO
XSHG.TO	iShares ESG Advanced 1-5 Year Canadian Corporate B...	59	—	Aug 2021	CBIL.TO vs XSHG.TO

Top Performing CBIL.TO Alternatives (YTD)

CBIL.TO is at 0.85% YTD. There are 27 ETFs in the Canadian Government Bonds category with higher YTD returns, going as high as 2.77%.

Symbol	Name	YTD Return	AUM	Inception
XLB.TO	iShares Core Canadian Long Term Bond Index ETF	2.77%	752.21M	Nov 2006	CBIL.TO vs XLB.TO
XFLB.TO	iShares Core Canadian 15+ Year Federal Bond Index ...	2.42%	—	Feb 2023	CBIL.TO vs XFLB.TO
ZFL.TO	BMO Long Federal Bond	2.39%	1.31B	May 2010	CBIL.TO vs ZFL.TO
CORE.TO	PIMCO Canadian Core Bond Fund	2.24%	—	Jan 2011	CBIL.TO vs CORE.TO
TCLB.TO	TD Canadian Long Term Federal Bond ETF	2.20%	391.68M	Nov 2019	CBIL.TO vs TCLB.TO

Lowest Volatility Alternatives to CBIL.TO

CBIL.TO has 0.25% 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 0.36%.

Symbol	Name	Volatility 1Y	AUM	Inception
VVSG.TO	Vanguard Canadian Ultra-Short Government Bond Inde...	0.36%	207.90M	Sep 2024	CBIL.TO vs VVSG.TO
TCSH.TO	TD Cash Management ETF	0.46%	—	Feb 2024	CBIL.TO vs TCSH.TO
XFR.TO	iShares Floating Rate Index ETF	0.72%	812.99M	Dec 2011	CBIL.TO vs XFR.TO
ZST.TO	BMO Ultra Short-Term Bond ETF	1.08%	3.53B	Jan 2011	CBIL.TO vs ZST.TO
XSHG.TO	iShares ESG Advanced 1-5 Year Canadian Corporate B...	1.82%	—	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
TCSH.TO	TD Cash Management ETF	-0.10%	—	Feb 2024	CBIL.TO vs TCSH.TO
XFR.TO	iShares Floating Rate Index ETF	-0.10%	812.99M	Dec 2011	CBIL.TO vs XFR.TO
VVSG.TO	Vanguard Canadian Ultra-Short Government Bond Inde...	-0.14%	207.90M	Sep 2024	CBIL.TO vs VVSG.TO
ZST.TO	BMO Ultra Short-Term Bond ETF	-1.01%	3.53B	Jan 2011	CBIL.TO vs ZST.TO
ZBI.TO	BMO Canadian Bank Income Index ETF	-1.21%	—	Feb 2022	CBIL.TO vs ZBI.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	0.83%	6.70B	Nov 2021	CBIL.TO vs CASH.TO
QQCL.TO	Global X Enhanced NASDAQ-100 Covered Call ETF	Nasdaq-100, Derivative Income	81	20.85%	364.56M	Oct 2023	CBIL.TO vs QQCL.TO
HXS.TO	Global X S&P 500 Index Corporate Class ETF	S&P 500	71	11.99%	6.67B	Nov 2010	CBIL.TO vs HXS.TO
HXT.TO	Global X S&P/TSX 60 Corporate Class ETF	Canada Equities	81	10.03%	5.16B	Sep 2010	CBIL.TO vs HXT.TO
HSAV.TO	Global X Cash Maximizer Corporate Class ETF	Bank Loan	66	1.04%	1.92B	Feb 2020	CBIL.TO vs HSAV.TO
CHPS.TO	Global X Artificial Intelligence Semiconductor Ind...	Semiconductors, Technology Equities	94	66.03%	342.08M	Jun 2021	CBIL.TO vs CHPS.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	Financials Equities	96	18.85%	—	Jul 2023	CBIL.TO vs HBNK.TO
USCL.TO	Global X Enhanced S&P 500 Covered Call ETF	Derivative Income, S&P 500	75	11.57%	249.48M	Jul 2023	CBIL.TO vs USCL.TO
QQCC.TO	Global X NASDAQ-100 Covered Call ETF	Nasdaq-100, Derivative Income	82	16.94%	713.85M	Sep 2011	CBIL.TO vs QQCC.TO
GLCC.TO	Global X Gold Producer Equity Covered Call ETF	Derivative Income, Gold	39	-0.45%	597.10M	Apr 2011	CBIL.TO vs GLCC.TO

Often Compared With CBIL.TO

Investors most often compare CBIL.TO with ZMMK.TO, TBIL, CMR.TO. These 20 comparison targets span 9 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	100	0.95%	5.70B	Nov 2021	CBIL.TO vs ZMMK.TO
TBIL	US Treasury 3 Month Bill ETF	Ultrashort Bond	100	1.49%	7.10B	Aug 2022	CBIL.TO vs TBIL
CMR.TO	iShares Premium Money Market ETF	Money Market	99	0.97%	2.67B	Feb 2008	CBIL.TO vs CMR.TO
PSA.TO	Purpose High Interest Savings Fund	Money Market	100	0.89%	4.20B	Oct 2013	CBIL.TO vs PSA.TO
SGOV	iShares 0-3 Month Treasury Bond ETF	Ultrashort Bond	100	1.51%	91.90B	May 2020	CBIL.TO vs SGOV
MNY.TO	Purpose Cash Management Fund	Money Market	100	0.95%	2.90B	Sep 2022	CBIL.TO vs MNY.TO
PMIF.TO	PIMCO Monthly Income Fund (Canada)		52	0.10%	38.14B	—	CBIL.TO vs PMIF.TO
VFV.TO	Vanguard S&P 500 Index ETF	S&P 500	74	12.30%	32.85B	Nov 2012	CBIL.TO vs VFV.TO
CLF.TO	iShares 1-5 Year Laddered Government Bond Index ET...	Canadian Government Bonds	33	0.83%	740.44M	Jan 2008	CBIL.TO vs CLF.TO
CBO.TO	iShares 1-5 Year Laddered Corporate Bond Index ETF	Canadian Government Bonds	47	1.02%	913.67M	Feb 2009	CBIL.TO vs CBO.TO
XQB.TO	iShares High Quality Canadian Bond Index ETF	Canadian Government Bonds	23	1.49%	530.34M	Nov 2009	CBIL.TO vs XQB.TO
CSAV.TO	CI High Interest Savings ETF	Money Market	100	0.86%	4.71B	Jun 2019	CBIL.TO vs CSAV.TO
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	Derivative Income, Short-Term Bond	56	0.59%	235.30M	Sep 2024	CBIL.TO vs HBIL.TO
ZSB.TO	BMO Short-Term Bond Index ETF	Canadian Government Bonds	41	0.96%	173.02M	Mar 2018	CBIL.TO vs ZSB.TO
HSUV-U.TO	Global X USD Cash Maximizer Corporate Class ETF	Money Market	95	1.45%	767.50M	Jun 2020	CBIL.TO vs HSUV-U.TO
HBND.TO	Hamilton U.S. Bond YIELD MAXIMIZER ETF (CAD Hedge...	Government Bonds, Derivative Income	18	-0.30%	198.70M	Aug 2024	CBIL.TO vs HBND.TO
PPLN.TO	Global X Equal Weight Canadian Pipelines Index ETF	Energy Equities	77	29.04%	—	Jul 2014	CBIL.TO vs PPLN.TO
UTIL.TO	Global X Equal Weight Canadian Utilities Index ETF	Utilities Equities	87	17.98%	—	Aug 2022	CBIL.TO vs UTIL.TO
CLG.TO	iShares 1-10 Year Laddered Government Bond Index E...	Canadian Government Bonds	27	1.12%	933.75M	Oct 2011	CBIL.TO vs CLG.TO
ZSDB.TO	BMO Short-Term Discount Bond ETF	Short-Term Bond	43	0.74%	—	Jan 2022	CBIL.TO vs ZSDB.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