HBND.TO Alternatives & Similar ETFs

Hamilton U.S. Bond YIELD MAXIMIZER ETF (CAD Hedged) (HBND.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 HBND.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to HBND.TO

HBND.TO charges 0.45% annually. There are 3 ETFs in the Government Bonds category with lower expense ratios, going 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	HBND.TO vs XTLT.TO
XTLH.TO	iShares 20+ Year U.S. Treasury Bond Index ETF (CAD...	0.18%	—	Feb 2023	HBND.TO vs XTLH.TO
ZTL.NEO	BMO Long-Term US Treasury Bond Index ETF	0.23%	—	Feb 2017	HBND.TO vs ZTL.NEO
HPYM.TO	Harvest Premium Yield 7-10 Year Treasury ETF - Cla...	0.45%	258.82M	Jan 2024	HBND.TO vs HPYM.TO

Best Risk-Adjusted Alternatives to HBND.TO

HBND.TO has a PortfoliosLab risk / return rank of 13. There are 13 ETFs in the Government Bonds category with higher risk-adjusted ranks, going as high as 83.

Symbol	Name	Risk / Return Rank	AUM	Inception
HBIL-U.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF USD Unhed...	83	160.53M	Sep 2024	HBND.TO vs HBIL-U.TO
ZPS.TO	BMO Short Provincial Bond Index ETF	48	393.80M	Oct 2009	HBND.TO vs ZPS.TO
ZFS.TO	BMO Short Federal Bond Index ETF	48	904.52M	Oct 2009	HBND.TO vs ZFS.TO
BXF.TO	CI 1-5 Year Laddered Government Strip Bond Index E...	44	37.05M	Jun 2013	HBND.TO vs BXF.TO
ZMP.TO	BMO Mid Provincial Bond Index ETF	36	808.91M	Mar 2013	HBND.TO vs ZMP.TO

Top Performing HBND.TO Alternatives (YTD)

HBND.TO is at -1.93% YTD. There are 13 ETFs in the Government Bonds category with higher YTD returns, going as high as 1.67%.

Symbol	Name	YTD Return	AUM	Inception
HTB.TO	Global X US 7-10 Year Treasury Bond Index Corporat...	1.67%	164.34M	Apr 2015	HBND.TO vs HTB.TO
ZMP.TO	BMO Mid Provincial Bond Index ETF	1.49%	808.91M	Mar 2013	HBND.TO vs ZMP.TO
HBIL-U.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF USD Unhed...	1.26%	160.53M	Sep 2024	HBND.TO vs HBIL-U.TO
ZFM.TO	BMO Mid Federal Bond Index ETF	1.08%	788.99M	May 2009	HBND.TO vs ZFM.TO
ZPS.TO	BMO Short Provincial Bond Index ETF	1.06%	393.80M	Oct 2009	HBND.TO vs ZPS.TO

Lowest Volatility Alternatives to HBND.TO

HBND.TO has 8.46% 1-year volatility. There are 10 ETFs in the Government Bonds category with lower 1-year volatility, going as low as 1.93%.

Symbol	Name	Volatility 1Y	AUM	Inception
HBIL-U.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF USD Unhed...	1.93%	160.53M	Sep 2024	HBND.TO vs HBIL-U.TO
ZFS.TO	BMO Short Federal Bond Index ETF	1.98%	904.52M	Oct 2009	HBND.TO vs ZFS.TO
ZPS.TO	BMO Short Provincial Bond Index ETF	2.30%	393.80M	Oct 2009	HBND.TO vs ZPS.TO
BXF.TO	CI 1-5 Year Laddered Government Strip Bond Index E...	3.08%	37.05M	Jun 2013	HBND.TO vs BXF.TO
FGO.TO	CI Enhanced Government Bond ETF	4.34%	706.00M	Jul 2018	HBND.TO vs FGO.TO

Lowest Drawdown Alternatives to HBND.TO

HBND.TO has a 1-year max drawdown of -6.76%. There are 10 ETFs in the Government Bonds category with shallower 1-year drawdowns, going as shallow as -1.07%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
HBIL-U.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF USD Unhed...	-1.07%	160.53M	Sep 2024	HBND.TO vs HBIL-U.TO
ZPS.TO	BMO Short Provincial Bond Index ETF	-1.44%	393.80M	Oct 2009	HBND.TO vs ZPS.TO
ZFS.TO	BMO Short Federal Bond Index ETF	-1.50%	904.52M	Oct 2009	HBND.TO vs ZFS.TO
BXF.TO	CI 1-5 Year Laddered Government Strip Bond Index E...	-1.55%	37.05M	Jun 2013	HBND.TO vs BXF.TO
FGO.TO	CI Enhanced Government Bond ETF	-2.82%	706.00M	Jul 2018	HBND.TO vs FGO.TO

Other ETFs from Hamilton Capital

The 10 most viewed Hamilton Capital ETFs shown here include HMAX.TO, HYLD.TO, HCAL.TO and span 8 categories. AUM among these funds goes as high as $3B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
HMAX.TO	Hamilton Canadian Financials Yield Maximizer ETF	Derivative Income	96	19.59%	2.59B	Jan 2023	HBND.TO vs HMAX.TO
HYLD.TO	Hamilton Enhanced U.S. Covered Call ETF	Derivative Income	73	13.98%	1.30B	Feb 2022	HBND.TO vs HYLD.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	Financials Equities, Canada Equities, Leveraged Equities	98	41.59%	1.13B	Oct 2020	HBND.TO vs HCAL.TO
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	Derivative Income, Utilities Equities	83	10.39%	1.45B	Jun 2023	HBND.TO vs UMAX.TO
QDAY.NEO	Hamilton EnhancedTechnology DayMAX™ ETF	Derivative Income	61	26.94%	—	Jul 2025	HBND.TO vs QDAY.NEO
CDAY.NEO	Hamilton Enhanced Canadian Equity DayMAX ETF	Derivative Income, Canada Equities	92	18.33%	242.10M	Jul 2025	HBND.TO vs CDAY.NEO
QMAX.TO	Hamilton Technology YIELD MAXIMIZER ETF	Technology Equities, Derivative Income	40	18.42%	965.30M	Oct 2023	HBND.TO vs QMAX.TO
CMVP.TO	HAMILTON CHAMPIONS Canadian Dividend Index ETF Cla...	Canada Equities	95	17.93%	—	Jan 2025	HBND.TO vs CMVP.TO
AMAX.TO	Hamilton Gold Producer YIELD MAXIMIZER ETF	Gold, Derivative Income, Precious Metals	26	-12.80%	443.30M	Feb 2024	HBND.TO vs AMAX.TO
SDAY.NEO	Hamilton Enhanced U.S. Equity DayMAX™ ETF	Derivative Income	70	14.86%	0.00	Jul 2025	HBND.TO vs SDAY.NEO

Often Compared With HBND.TO

Investors most often compare HBND.TO with HBIL.TO, SCHZ, TLT. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	Derivative Income, Short-Term Bond	49	0.41%	225.10M	Sep 2024	HBND.TO vs HBIL.TO
SCHZ	Schwab U.S. Aggregate Bond ETF	Total Bond Market	31	-0.19%	10.58B	Jul 2011	HBND.TO vs SCHZ
TLT	iShares 20+ Year Treasury Bond ETF	Government Bonds, Long-Term Bond	13	-1.84%	42.81B	Jul 2002	HBND.TO vs TLT
CBIL.TO	Global X 0-3 Month T-Bill ETF	Canadian Government Bonds	99	1.16%	2.42B	Apr 2023	HBND.TO vs CBIL.TO
CSHI	NEOS Enhanced Income 1-3 Month T-Bill ETF	Ultrashort Bond	99	2.79%	1.48B	Aug 2022	HBND.TO vs CSHI
ZMMK.TO	BMO Money Market Fund ETF Series	Money Market	99	1.27%	5.76B	Nov 2021	HBND.TO vs ZMMK.TO
HDIV.TO	Hamilton Enhanced Canadian Covered Call ETF	Derivative Income	95	19.40%	1.76B	Jul 2021	HBND.TO vs HDIV.TO
ZPL.TO	BMO Long Provincial Bond Index ETF	Government Bonds	20	0.89%	211.52M	Mar 2013	HBND.TO vs ZPL.TO
BCE.TO	BCE Inc.		38	-4.23%	—	—	HBND.TO vs BCE.TO
CPX.TO	Capital Power Corporation		69	26.77%	—	—	HBND.TO vs CPX.TO
ENB.TO	Enbridge Inc.		92	22.32%	—	—	HBND.TO vs ENB.TO
FTS.TO	Fortis Inc.		92	15.78%	—	—	HBND.TO vs FTS.TO
H.TO	Hydro One Limited		89	9.43%	—	—	HBND.TO vs H.TO
MFC.TO	Manulife Financial Corporation		94	23.55%	—	—	HBND.TO vs MFC.TO
AC.TO	Air Canada		50	17.83%	—	—	HBND.TO vs AC.TO
BRK.TO	Berkshire Hathaway CDR (CAD Hedged)		44	-3.79%	—	—	HBND.TO vs BRK.TO
CM.TO	Canadian Imperial Bank of Commerce		98	35.16%	—	—	HBND.TO vs CM.TO
EMA.TO	Emera Incorporated		90	14.05%	—	—	HBND.TO vs EMA.TO
AD-UN.TO	Alaris Equity Partners Income Trust		92	26.75%	—	—	HBND.TO vs AD-UN.TO
HXS.TO	Global X S&P 500 Index Corporate Class ETF	S&P 500	76	13.00%	7.52B	Nov 2010	HBND.TO vs HXS.TO

Compare HBND.TO with Any Fund or Stock

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

Symbol name

Diversifiers

Pair HBND.TO with funds that move differently

Hamilton U.S. Bond YIELD MAXIMIZER ETF (CAD Hedged) alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HBND.TO.

Explore HBND.TO Diversifiers

Hamilton U.S. Bond YIELD MAXIMIZER ETF (CAD Hedged) (HBND.TO) Alternatives