CVD.TO Alternatives & Similar ETFs

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

Cheapest Alternatives to CVD.TO

CVD.TO charges 0.49% annually. No ETFs in the High Yield Bonds category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.55%.

Symbol	Name	Expense Ratio	AUM	Inception
XSI.TO	iShares Short Term Strategic Fixed Income ETF	0.55%	46.96M	Jan 2015	CVD.TO vs XSI.TO
XHY.TO	iShares U.S. High Yield Bond Index ETF (CAD-Hedged...	0.56%	1.09B	Jan 2010	CVD.TO vs XHY.TO
ZHY.TO	BMO High Yield US Corporate Bond Hedged to CAD Ind...	0.61%	1.48B	Oct 2009	CVD.TO vs ZHY.TO
NHYB.TO	NBI High Yield Bond ETF	0.68%	1.37B	Jan 2020	CVD.TO vs NHYB.TO
CGHY.TO	CI High Yield Bond Private Pool ETF C$ Series	0.76%	—	Apr 2022	CVD.TO vs CGHY.TO

Best Risk-Adjusted Alternatives to CVD.TO

CVD.TO has a PortfoliosLab risk / return rank of 33. There is 1 ETF in the High Yield Bonds category with a higher risk-adjusted rank, going as high as 48.

Symbol	Name	Risk / Return Rank	AUM	Inception
CGHY.TO	CI High Yield Bond Private Pool ETF C$ Series	48	—	Apr 2022	CVD.TO vs CGHY.TO
XHY.TO	iShares U.S. High Yield Bond Index ETF (CAD-Hedged...	32	1.09B	Jan 2010	CVD.TO vs XHY.TO
ZHY.TO	BMO High Yield US Corporate Bond Hedged to CAD Ind...	30	1.48B	Oct 2009	CVD.TO vs ZHY.TO
NHYB.TO	NBI High Yield Bond ETF	28	1.37B	Jan 2020	CVD.TO vs NHYB.TO
XSI.TO	iShares Short Term Strategic Fixed Income ETF	26	46.96M	Jan 2015	CVD.TO vs XSI.TO

Top Performing CVD.TO Alternatives (YTD)

CVD.TO is at 3.23% YTD. No ETFs in the High Yield Bonds category have higher YTD returns; the top-performing alternatives shown here go as high as 3.03%.

Symbol	Name	YTD Return	AUM	Inception
CGHY.TO	CI High Yield Bond Private Pool ETF C$ Series	3.03%	—	Apr 2022	CVD.TO vs CGHY.TO
XHY.TO	iShares U.S. High Yield Bond Index ETF (CAD-Hedged...	0.95%	1.09B	Jan 2010	CVD.TO vs XHY.TO
ZHY.TO	BMO High Yield US Corporate Bond Hedged to CAD Ind...	0.75%	1.48B	Oct 2009	CVD.TO vs ZHY.TO
XSI.TO	iShares Short Term Strategic Fixed Income ETF	0.57%	46.96M	Jan 2015	CVD.TO vs XSI.TO
NHYB.TO	NBI High Yield Bond ETF	0.28%	1.37B	Jan 2020	CVD.TO vs NHYB.TO

Lowest Volatility Alternatives to CVD.TO

CVD.TO has 7.29% 1-year volatility. There are 5 ETFs in the High Yield Bonds category with lower 1-year volatility, going as low as 3.59%.

Symbol	Name	Volatility 1Y	AUM	Inception
XSI.TO	iShares Short Term Strategic Fixed Income ETF	3.59%	46.96M	Jan 2015	CVD.TO vs XSI.TO
XHY.TO	iShares U.S. High Yield Bond Index ETF (CAD-Hedged...	4.69%	1.09B	Jan 2010	CVD.TO vs XHY.TO
ZHY.TO	BMO High Yield US Corporate Bond Hedged to CAD Ind...	5.50%	1.48B	Oct 2009	CVD.TO vs ZHY.TO
NHYB.TO	NBI High Yield Bond ETF	5.86%	1.37B	Jan 2020	CVD.TO vs NHYB.TO
CGHY.TO	CI High Yield Bond Private Pool ETF C$ Series	6.38%	—	Apr 2022	CVD.TO vs CGHY.TO

Lowest Drawdown Alternatives to CVD.TO

CVD.TO has a 1-year max drawdown of -3.95%. There are 5 ETFs in the High Yield Bonds category with shallower 1-year drawdowns, going as shallow as -2.18%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
CGHY.TO	CI High Yield Bond Private Pool ETF C$ Series	-2.18%	—	Apr 2022	CVD.TO vs CGHY.TO
XSI.TO	iShares Short Term Strategic Fixed Income ETF	-2.42%	46.96M	Jan 2015	CVD.TO vs XSI.TO
NHYB.TO	NBI High Yield Bond ETF	-2.42%	1.37B	Jan 2020	CVD.TO vs NHYB.TO
XHY.TO	iShares U.S. High Yield Bond Index ETF (CAD-Hedged...	-2.87%	1.09B	Jan 2010	CVD.TO vs XHY.TO
ZHY.TO	BMO High Yield US Corporate Bond Hedged to CAD Ind...	-2.96%	1.48B	Oct 2009	CVD.TO vs ZHY.TO

Other ETFs from iShares

The 10 most viewed iShares ETFs shown here include XEQT.TO, XDIV.TO, XEI.TO and span 8 categories. AUM among these funds goes as high as $30B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
XEQT.TO	iShares Core Equity ETF Portfolio	Global Equities	75	12.29%	18.41B	Aug 2019	CVD.TO vs XEQT.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	Dividend, Large Cap Value Equities	98	19.17%	5.25B	Jun 2017	CVD.TO vs XDIV.TO
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	Canada Equities	98	22.21%	4.02B	Apr 2011	CVD.TO vs XEI.TO
XIC.TO	iShares Core S&P/TSX Capped Composite Index ETF	Canada Equities	80	10.75%	29.66B	Feb 2001	CVD.TO vs XIC.TO
XIU.TO	iShares S&P/TSX 60 Index ETF	Canada Equities	82	10.14%	22.52B	Sep 1999	CVD.TO vs XIU.TO
XQQ.TO	iShares NASDAQ 100 Index ETF (CAD-Hedged)	Nasdaq-100	66	19.81%	5.56B	May 2011	CVD.TO vs XQQ.TO
XEF.TO	iShares Core MSCI EAFE IMI Index ETF	Foreign Large Cap Equities	47	9.95%	21.46B	Apr 2013	CVD.TO vs XEF.TO
XGRO.TO	iShares Core Growth ETF Portfolio	Diversified Portfolio	67	10.38%	4.82B	Jun 2007	CVD.TO vs XGRO.TO
XUS.TO	iShares Core S&P 500 Index ETF	S&P 500	73	12.21%	12.60B	Apr 2013	CVD.TO vs XUS.TO
XAW.TO	iShares Core MSCI All Country World ex Canada Inde...	Global Equities	76	13.70%	4.25B	Feb 2015	CVD.TO vs XAW.TO

Often Compared With CVD.TO

Investors most often compare CVD.TO with ZWC.TO, ICVT, XHB.TO. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ZWC.TO	BMO CA High Dividend Covered Call ETF	Derivative Income	92	11.12%	2.30B	Feb 2017	CVD.TO vs ZWC.TO
ICVT	iShares Convertible Bond ETF	Preferred Stock/Convertible Bonds	87	25.28%	7.11B	Jun 2015	CVD.TO vs ICVT
XHB.TO	iShares Canadian HYBrid Corporate Bond Index ETF	Corporate Bonds	51	2.17%	226.19M	Sep 2010	CVD.TO vs XHB.TO
XSB.TO	iShares Core Canadian Short Term Bond Index ETF	Canadian Government Bonds	41	1.03%	4.21B	Nov 2000	CVD.TO vs XSB.TO
ZFH.TO	BMO Floating Rate High Yield ETF	High Yield Bonds	43	2.17%	246.14M	Feb 2014	CVD.TO vs ZFH.TO
XSP.TO	iShares Core S&P 500 Index ETF (CAD-Hedged)	S&P 500	61	9.64%	15.61B	May 2001	CVD.TO vs XSP.TO
LUG.TO	Lundin Gold Inc.		58	-22.95%	—	—	CVD.TO vs LUG.TO
LMN.V	Lumine Group Inc		8	-17.83%	—	—	CVD.TO vs LMN.V
VRNA	Verona Pharma plc		—	—	—	—	CVD.TO vs VRNA
CLS	Celestica Inc.		94	54.98%	—	—	CVD.TO vs CLS
NVDA	NVIDIA Corporation		78	15.15%	—	—	CVD.TO vs NVDA
CORT	Corcept Therapeutics Incorporated		45	108.76%	—	—	CVD.TO vs CORT
EAT	Brinker International, Inc.		23	-2.27%	—	—	CVD.TO vs EAT
HWM	Howmet Aerospace Inc.		79	21.39%	—	—	CVD.TO vs HWM
PLTR	Palantir Technologies Inc.		43	-20.00%	—	—	CVD.TO vs PLTR
POWL	Powell Industries, Inc.		98	182.31%	—	—	CVD.TO vs POWL
SPMO	Invesco S&P 500 Momentum ETF	Momentum, S&P 500	75	30.35%	19.93B	Oct 2015	CVD.TO vs SPMO
TLN	Talen Energy Corporation		67	1.27%	—	—	CVD.TO vs TLN
AVGO	Broadcom Inc.		84	38.76%	—	—	CVD.TO vs AVGO
VST	Vistra Corp.		29	-4.54%	—	—	CVD.TO vs VST

Compare CVD.TO with Any Fund or Stock

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

Symbol name

Diversifiers

Pair CVD.TO with funds that move differently

iShares Convertible Bond Index ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CVD.TO.

Explore CVD.TO Diversifiers

iShares Convertible Bond Index ETF (CVD.TO) Alternatives