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Global X Canadian Select Universe Bond Index Corporate Class ETF (HBB.TO) Alternatives

ETF · Currency in CAD · Last updated Jul 16, 2026

HBB.TO is a passive ETF by Global X tracking the investment results of the Solactive Canadian Select Universe Bond. HBB.TO launched on May 8, 2014 and has a 0.09% expense ratio.

Global X Canadian Select Universe Bond Index Corporate Class ETF (HBB.TO) belongs to the Total Bond Market category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with HBB.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to HBB.TO

HBB.TO charges 0.09% annually. No ETFs in the Total Bond Market category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.09%.

SymbolNameExpense RatioAUMInception
VAB.TO
Vanguard Canadian Aggregate Bond Index ETF0.09%7.52BNov 2011HBB.TO vs VAB.TO
XAGH.TO
iShares U.S. Aggregate Bond Index ETF (CAD-Hedged)0.18%—Aug 2021HBB.TO vs XAGH.TO
VBU.NEO
Vanguard U.S. Aggregate Bond Index ETF0.22%—Jun 2014HBB.TO vs VBU.NEO
CDLB.TO
CI DoubleLine Total Return Bond US$ Fund ETF C$ He...0.85%1.22MMay 2020HBB.TO vs CDLB.TO

Best Risk-Adjusted Alternatives to HBB.TO

HBB.TO has a PortfoliosLab risk / return rank of 29. There are 7 ETFs in the Total Bond Market category with higher risk-adjusted ranks, going as high as 53.

SymbolNameRisk / Return RankAUMInception
RLB.TO
RBC 1-5 Year Laddered Canadian Bond ETF
53
—Jan 2016HBB.TO vs RLB.TO
MKB.TO
Mackenzie Canadian Strategic Fixed Income ETF
35
—Apr 2016HBB.TO vs MKB.TO
CAGG.TO
CI Canadian Aggregate Bond Index ETF
35
762.19MJun 2017HBB.TO vs CAGG.TO
DCU.TO
Desjardins Canadian Universe Bond Index ETF
33
—Apr 2017HBB.TO vs DCU.TO
VAB.TO
Vanguard Canadian Aggregate Bond Index ETF
33
7.52BNov 2011HBB.TO vs VAB.TO

Top Performing HBB.TO Alternatives (YTD)

HBB.TO is at 1.06% YTD. There are 5 ETFs in the Total Bond Market category with higher YTD returns, going as high as 1.45%.

SymbolNameYTD ReturnAUMInception
MKB.TO
Mackenzie Canadian Strategic Fixed Income ETF
1.45%
—Apr 2016HBB.TO vs MKB.TO
CAGG.TO
CI Canadian Aggregate Bond Index ETF
1.35%
762.19MJun 2017HBB.TO vs CAGG.TO
DCU.TO
Desjardins Canadian Universe Bond Index ETF
1.27%
—Apr 2017HBB.TO vs DCU.TO
RLB.TO
RBC 1-5 Year Laddered Canadian Bond ETF
1.23%
—Jan 2016HBB.TO vs RLB.TO
VAB.TO
Vanguard Canadian Aggregate Bond Index ETF
1.23%
7.52BNov 2011HBB.TO vs VAB.TO

Lowest Volatility Alternatives to HBB.TO

HBB.TO has 4.43% 1-year volatility. There are 8 ETFs in the Total Bond Market category with lower 1-year volatility, going as low as 2.34%.

SymbolNameVolatility 1YAUMInception
RLB.TO
RBC 1-5 Year Laddered Canadian Bond ETF2.34%—Jan 2016HBB.TO vs RLB.TO
CDLB.TO
CI DoubleLine Total Return Bond US$ Fund ETF C$ He...3.83%1.22MMay 2020HBB.TO vs CDLB.TO
DCU.TO
Desjardins Canadian Universe Bond Index ETF4.12%—Apr 2017HBB.TO vs DCU.TO
QBB.TO
Mackenzie Canadian Aggregate Bond Index ETF4.18%—Jan 2018HBB.TO vs QBB.TO
MKB.TO
Mackenzie Canadian Strategic Fixed Income ETF4.23%—Apr 2016HBB.TO vs MKB.TO

Lowest Drawdown Alternatives to HBB.TO

HBB.TO has a 1-year max drawdown of -2.78%. There are 5 ETFs in the Total Bond Market category with shallower 1-year drawdowns, going as shallow as -1.48%.

SymbolNameMax Drawdown 1YAUMInception
RLB.TO
RBC 1-5 Year Laddered Canadian Bond ETF
-1.48%
—Jan 2016HBB.TO vs RLB.TO
CDLB.TO
CI DoubleLine Total Return Bond US$ Fund ETF C$ He...
-2.11%
1.22MMay 2020HBB.TO vs CDLB.TO
DRCU.TO
Desjardins RI Active Canadian Bond - Net-Zero Emis...
-2.61%
—Sep 2018HBB.TO vs DRCU.TO
CAGG.TO
CI Canadian Aggregate Bond Index ETF
-2.73%
762.19MJun 2017HBB.TO vs CAGG.TO
DCU.TO
Desjardins Canadian Universe Bond Index ETF
-2.76%
—Apr 2017HBB.TO vs DCU.TO

Other ETFs from Global X

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

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
CASH.TO
Global X High Interest Savings ETFMoney Market
100
1.08%
6.66BNov 2021HBB.TO vs CASH.TO
CBIL.TO
Global X 0-3 Month T-Bill ETFCanadian Government Bonds
99
1.10%
2.39BApr 2023HBB.TO vs CBIL.TO
QQCL.TO
Global X Enhanced NASDAQ-100 Covered Call ETFNasdaq-100, Derivative Income
74
19.53%
370.02MOct 2023HBB.TO vs QQCL.TO
HXS.TO
Global X S&P 500 Index Corporate Class ETFS&P 500
75
13.39%
7.49BNov 2010HBB.TO vs HXS.TO
HXT.TO
Global X S&P/TSX 60 Index Corporate Class ETFCanada Equities
93
13.87%
5.40BSep 2010HBB.TO vs HXT.TO
CHPS.TO
Global X Artificial Intelligence Semiconductor Ind...Semiconductors, Technology Equities
87
56.69%
391.52MJun 2021HBB.TO vs CHPS.TO
HSAV.TO
Global X Cash Maximizer Corporate Class ETFMoney Market
70
1.00%
1.93BFeb 2020HBB.TO vs HSAV.TO
HBNK.TO
Global X Equal Weight Banks Index ETFFinancials Equities, Equal Weight
98
36.76%
—Jul 2023HBB.TO vs HBNK.TO
USCL.TO
Global X Enhanced S&P 500 Covered Call ETFDerivative Income, S&P 500
83
14.21%
250.73MJul 2023HBB.TO vs USCL.TO
QQCC.TO
Global X NASDAQ-100 Covered Call ETFNasdaq-100, Derivative Income
75
15.96%
709.55MSep 2011HBB.TO vs QQCC.TO

Often Compared With HBB.TO

Investors most often compare HBB.TO with XAGG.TO, HXDM.TO, HXEM.TO. These 9 comparison targets span 7 categories, based on PortfoliosLab usage data.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
XAGG.TO
iShares U.S. Aggregate Bond Index ETFTotal Bond Market
38
2.45%
—Aug 2021HBB.TO vs XAGG.TO
HXDM.TO
Global X Intl Developed Markets Equity Index Corpo...International Equity
56
12.68%
1.25BSep 2017HBB.TO vs HXDM.TO
HXEM.TO
Global X Emerging Markets Equity Index Corporate C...Emerging Markets Equities
66
22.71%
207.76MAug 2020HBB.TO vs HXEM.TO
ZDB.TO
BMO Discount BondCanadian Government Bonds
30
1.07%
1.33BFeb 2014HBB.TO vs ZDB.TO
ZMMK.TO
BMO Money Market Fund ETF SeriesMoney Market
99
1.25%
5.77BNov 2021HBB.TO vs ZMMK.TO
PHYS
Sprott Physical Gold Trust
64
-7.42%
——HBB.TO vs PHYS
ZSB.TO
BMO Short-Term Bond Index ETFCanadian Government Bonds
65
1.25%
181.20MMar 2018HBB.TO vs ZSB.TO
XEQT.TO
iShares Core Equity ETF PortfolioGlobal Equities
87
14.16%
20.34BAug 2019HBB.TO vs XEQT.TO
ZST.TO
BMO Ultra Short-Term Bond ETFUltrashort Bond
56
1.37%
3.55BJan 2011HBB.TO vs ZST.TO

Compare HBB.TO with Any Fund or Stock

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

 

Diversifiers

Pair HBB.TO with funds that move differently

Global X Canadian Select Universe Bond Index Corporate Class ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HBB.TO.

Explore HBB.TO Diversifiers