HBIL-U.TO Alternatives & Similar ETFs

Hamilton U.S. T-Bill YIELD MAXIMIZER ETF USD Unhedged Units (HBIL-U.TO) belongs to the Government Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with HBIL-U.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to HBIL-U.TO

Among 5 ETFs in the Government Bonds category with expense-ratio data, the lowest-cost alternatives shown here go as low as 0.18%.

Symbol	Name	Expense Ratio	AUM	Inception
XTLT.TO	iShares 20+ Year U.S. Treasury Bond Index ETF	0.18%	—	Feb 2023	HBIL-U.TO vs XTLT.TO
XTLH.TO	iShares 20+ Year U.S. Treasury Bond Index ETF (CAD...	0.18%	—	Feb 2023	HBIL-U.TO vs XTLH.TO
ZTL.NEO	BMO Long-Term US Treasury Bond Index ETF	0.23%	—	Feb 2017	HBIL-U.TO vs ZTL.NEO
HBND.TO	Hamilton U.S. Bond YIELD MAXIMIZER ETF (CAD Hedge...	0.45%	199.20M	Aug 2024	HBIL-U.TO vs HBND.TO
HPYM.TO	Harvest Premium Yield 7-10 Year Treasury ETF - Cla...	0.45%	259.21M	Jan 2024	HBIL-U.TO vs HPYM.TO

Best Risk-Adjusted Alternatives to HBIL-U.TO

HBIL-U.TO has a PortfoliosLab risk / return rank of 86. No ETFs in the Government Bonds category have higher risk-adjusted ranks; the top alternatives shown here go as high as 50.

Symbol	Name	Risk / Return Rank	AUM	Inception
ZFS.TO	BMO Short Federal Bond Index ETF	50	906.00M	Oct 2009	HBIL-U.TO vs ZFS.TO
ZPS.TO	BMO Short Provincial Bond Index ETF	48	394.16M	Oct 2009	HBIL-U.TO vs ZPS.TO
BXF.TO	CI 1-5 Year Laddered Government Strip Bond Index E...	43	37.09M	Jun 2013	HBIL-U.TO vs BXF.TO
ZMP.TO	BMO Mid Provincial Bond Index ETF	39	810.80M	Mar 2013	HBIL-U.TO vs ZMP.TO
ZFM.TO	BMO Mid Federal Bond Index ETF	29	788.10M	May 2009	HBIL-U.TO vs ZFM.TO

Top Performing HBIL-U.TO Alternatives (YTD)

HBIL-U.TO is at 1.33% YTD. There are 3 ETFs in the Government Bonds category with higher YTD returns, going as high as 1.68%.

Symbol	Name	YTD Return	AUM	Inception
HTB.TO	Global X US 7-10 Year Treasury Bond Index Corporat...	1.68%	—	Apr 2015	HBIL-U.TO vs HTB.TO
ZMP.TO	BMO Mid Provincial Bond Index ETF	1.63%	810.80M	Mar 2013	HBIL-U.TO vs ZMP.TO
ZPL.TO	BMO Long Provincial Bond Index ETF	1.40%	207.21M	Mar 2013	HBIL-U.TO vs ZPL.TO
TULB.TO	TD U.S. Long Term Treasury Bond ETF	1.32%	—	Nov 2019	HBIL-U.TO vs TULB.TO
ZFM.TO	BMO Mid Federal Bond Index ETF	1.15%	788.10M	May 2009	HBIL-U.TO vs ZFM.TO

Lowest Volatility Alternatives to HBIL-U.TO

HBIL-U.TO has 1.91% 1-year volatility. No ETFs in the Government Bonds category have lower 1-year volatility; the lowest-volatility alternatives shown here go as low as 1.98%.

Symbol	Name	Volatility 1Y	AUM	Inception
ZFS.TO	BMO Short Federal Bond Index ETF	1.98%	906.00M	Oct 2009	HBIL-U.TO vs ZFS.TO
ZPS.TO	BMO Short Provincial Bond Index ETF	2.31%	394.16M	Oct 2009	HBIL-U.TO vs ZPS.TO
BXF.TO	CI 1-5 Year Laddered Government Strip Bond Index E...	3.08%	37.09M	Jun 2013	HBIL-U.TO vs BXF.TO
FGO.TO	CI Enhanced Government Bond ETF	4.36%	704.51M	Jul 2018	HBIL-U.TO vs FGO.TO
ZMP.TO	BMO Mid Provincial Bond Index ETF	4.46%	810.80M	Mar 2013	HBIL-U.TO vs ZMP.TO

Lowest Drawdown Alternatives to HBIL-U.TO

HBIL-U.TO has a 1-year max drawdown of -1.07%. No ETFs in the Government Bonds category have shallower 1-year drawdowns; the lowest-drawdown alternatives shown here go as shallow as -1.44%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
ZPS.TO	BMO Short Provincial Bond Index ETF	-1.44%	394.16M	Oct 2009	HBIL-U.TO vs ZPS.TO
ZFS.TO	BMO Short Federal Bond Index ETF	-1.50%	906.00M	Oct 2009	HBIL-U.TO vs ZFS.TO
BXF.TO	CI 1-5 Year Laddered Government Strip Bond Index E...	-1.55%	37.09M	Jun 2013	HBIL-U.TO vs BXF.TO
FGO.TO	CI Enhanced Government Bond ETF	-2.82%	704.51M	Jul 2018	HBIL-U.TO vs FGO.TO
ZMP.TO	BMO Mid Provincial Bond Index ETF	-2.98%	810.80M	Mar 2013	HBIL-U.TO vs ZMP.TO

Other ETFs from Hamilton

The 10 most viewed Hamilton ETFs shown here include HCA.TO, HEB.TO, LMAX.TO and span 8 categories. AUM among these funds goes as high as $1B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
HCA.TO	Hamilton Canadian Bank Mean Reversion Index ETF	Canada Equities	98	37.85%	107.00M	Jun 2020	HBIL-U.TO vs HCA.TO
HEB.TO	Hamilton Canadian Bank Equal-Weight Index ETF	Financials Equities	98	36.41%	1.44B	Apr 2023	HBIL-U.TO vs HEB.TO
LMAX.TO	Hamilton Healthcare Yield Maximizer ETF	Health & Biotech Equities	31	2.13%	219.20M	Feb 2024	HBIL-U.TO vs LMAX.TO
QMVP.TO	Hamilton Champions U.S. Technology Index ETF	Technology Equities	—	—	349.70M	Jan 2026	HBIL-U.TO vs QMVP.TO
CWIN.TO	HAMILTON CHAMPIONS Enhanced Canadian Dividend ETF ...	Dividend	95	21.69%	—	Jan 2025	HBIL-U.TO vs CWIN.TO
MIX.TO	Hamilton Enhanced Mixed Asset ETF	Diversified Portfolio	54	5.73%	—	Apr 2025	HBIL-U.TO vs MIX.TO
HYLD-U.TO	Hamilton Enhanced U.S. Covered Call ETF (USD)	Derivative Income	78	16.64%	931.81M	Feb 2022	HBIL-U.TO vs HYLD-U.TO
HBA.TO	Hamilton Australian Bank Equal-Weight Index ETF	Financials Equities	20	4.47%	135.50M	Jun 2020	HBIL-U.TO vs HBA.TO
FMAX.TO	Hamilton U.S. Financials Yield Maximizer ETF	Financials Equities	18	1.74%	193.20M	Feb 2024	HBIL-U.TO vs FMAX.TO
HUTS.TO	Hamilton Enhanced Utilities ETF	Utilities Equities	90	17.34%	235.60M	Sep 2022	HBIL-U.TO vs HUTS.TO

Compare HBIL-U.TO with Any Fund or Stock

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

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Diversifiers

Pair HBIL-U.TO with funds that move differently

Hamilton U.S. T-Bill YIELD MAXIMIZER ETF USD Unhedged Units alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HBIL-U.TO.

Explore HBIL-U.TO Diversifiers

Hamilton U.S. T-Bill YIELD MAXIMIZER ETF USD Unhedged Units (HBIL-U.TO) Alternatives