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%	226.83M	Jan 2024	HBND.TO vs HPYM.TO

Best Risk-Adjusted Alternatives to HBND.TO

HBND.TO has a PortfoliosLab risk / return rank of 18. There are 2 ETFs in the Government Bonds category with higher risk-adjusted ranks, going as high as 19.

Symbol	Name	Risk / Return Rank	AUM	Inception
ZTL.NEO	BMO Long-Term US Treasury Bond Index ETF	19	—	Feb 2017	HBND.TO vs ZTL.NEO
HPYM.TO	Harvest Premium Yield 7-10 Year Treasury ETF - Cla...	19	226.83M	Jan 2024	HBND.TO vs HPYM.TO
XTLT.TO	iShares 20+ Year U.S. Treasury Bond Index ETF	15	—	Feb 2023	HBND.TO vs XTLT.TO
XTLH.TO	iShares 20+ Year U.S. Treasury Bond Index ETF (CAD...	13	—	Feb 2023	HBND.TO vs XTLH.TO

Top Performing HBND.TO Alternatives (YTD)

HBND.TO is at -0.30% YTD. There are 2 ETFs in the Government Bonds category with higher YTD returns, going as high as 1.24%.

Symbol	Name	YTD Return	AUM	Inception
XTLT.TO	iShares 20+ Year U.S. Treasury Bond Index ETF	1.24%	—	Feb 2023	HBND.TO vs XTLT.TO
ZTL.NEO	BMO Long-Term US Treasury Bond Index ETF	0.92%	—	Feb 2017	HBND.TO vs ZTL.NEO
XTLH.TO	iShares 20+ Year U.S. Treasury Bond Index ETF (CAD...	-1.03%	—	Feb 2023	HBND.TO vs XTLH.TO
HPYM.TO	Harvest Premium Yield 7-10 Year Treasury ETF - Cla...	-1.25%	226.83M	Jan 2024	HBND.TO vs HPYM.TO

Lowest Volatility Alternatives to HBND.TO

HBND.TO has 8.70% 1-year volatility. There is 1 ETF in the Government Bonds category with lower 1-year volatility, going as low as 4.53%.

Symbol	Name	Volatility 1Y	AUM	Inception
HPYM.TO	Harvest Premium Yield 7-10 Year Treasury ETF - Cla...	4.53%	226.83M	Jan 2024	HBND.TO vs HPYM.TO
ZTL.NEO	BMO Long-Term US Treasury Bond Index ETF	9.70%	—	Feb 2017	HBND.TO vs ZTL.NEO
XTLH.TO	iShares 20+ Year U.S. Treasury Bond Index ETF (CAD...	9.72%	—	Feb 2023	HBND.TO vs XTLH.TO
XTLT.TO	iShares 20+ Year U.S. Treasury Bond Index ETF	10.21%	—	Feb 2023	HBND.TO vs XTLT.TO

Lowest Drawdown Alternatives to HBND.TO

HBND.TO has a 1-year max drawdown of -6.76%. There is 1 ETF in the Government Bonds category with a shallower 1-year drawdown, going as shallow as -3.85%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
HPYM.TO	Harvest Premium Yield 7-10 Year Treasury ETF - Cla...	-3.85%	226.83M	Jan 2024	HBND.TO vs HPYM.TO
XTLH.TO	iShares 20+ Year U.S. Treasury Bond Index ETF (CAD...	-8.37%	—	Feb 2023	HBND.TO vs XTLH.TO
ZTL.NEO	BMO Long-Term US Treasury Bond Index ETF	-9.01%	—	Feb 2017	HBND.TO vs ZTL.NEO
XTLT.TO	iShares 20+ Year U.S. Treasury Bond Index ETF	-9.72%	—	Feb 2023	HBND.TO vs XTLT.TO

Other ETFs from Hamilton Capital

The 10 most viewed Hamilton Capital ETFs shown here include HMAX.TO, HYLD.TO, HCAL.TO and span 6 categories. AUM among these funds goes as high as $2B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
HMAX.TO	Hamilton Canadian Financials YIELD MAXIMIZER ETF	Derivative Income	93	12.57%	2.34B	Jan 2023	HBND.TO vs HMAX.TO
HYLD.TO	Hamilton Enhanced U.S. Covered Call ETF	Derivative Income	77	15.59%	1.29B	Feb 2022	HBND.TO vs HYLD.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	Leveraged Equities	96	26.15%	959.30M	Oct 2020	HBND.TO vs HCAL.TO
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	Derivative Income, Utilities Equities	64	9.02%	1.34B	Jun 2023	HBND.TO vs UMAX.TO
QMAX.TO	Hamilton Technology YIELD MAXIMIZER ETF	Technology Equities, Derivative Income	51	20.31%	973.00M	Oct 2023	HBND.TO vs QMAX.TO
QDAY.NEO	Hamilton EnhancedTechnology DayMAX™ ETF	Derivative Income	—	29.96%	—	Jul 2025	HBND.TO vs QDAY.NEO
CDAY.NEO	Hamilton Enhanced Canadian Equity DayMAX ETF	Derivative Income, Canada Equities	—	14.97%	242.10M	Jul 2025	HBND.TO vs CDAY.NEO
AMAX.TO	Hamilton Gold Producer YIELD MAXIMIZER ETF	Gold, Derivative Income	35	0.72%	519.30M	Feb 2024	HBND.TO vs AMAX.TO
SDAY.NEO	Hamilton Enhanced U.S. Equity DayMAX™ ETF	Derivative Income	—	9.75%	—	Jul 2025	HBND.TO vs SDAY.NEO
CMVP.TO	HAMILTON CHAMPIONS Canadian Dividend Index ETF Cla...	Canada Equities	84	13.41%	—	Jan 2025	HBND.TO vs CMVP.TO

Often Compared With HBND.TO

Investors most often compare HBND.TO with HBIL.TO, SCHZ, TLT. These 20 comparison targets span 10 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	56	0.59%	235.30M	Sep 2024	HBND.TO vs HBIL.TO
SCHZ	Schwab U.S. Aggregate Bond ETF	Total Bond Market	36	0.43%	10.30B	Jul 2011	HBND.TO vs SCHZ
TLT	iShares 20+ Year Treasury Bond ETF	Government Bonds, Long-Term Bond	14	-0.05%	42.90B	Jul 2002	HBND.TO vs TLT
CBIL.TO	Global X 0-3 Month T-Bill ETF	Canadian Government Bonds	99	0.87%	2.27B	Apr 2023	HBND.TO vs CBIL.TO
ZMMK.TO	BMO Money Market Fund ETF Series	Money Market	100	0.99%	5.70B	Nov 2021	HBND.TO vs ZMMK.TO
CSHI	Neos Enhanced Income Cash Alternative ETF	Ultrashort Bond	99	2.30%	1.28B	Aug 2022	HBND.TO vs CSHI
HYXU	iShares Euro High Yield Corporate Bond USD Hedged ...	High Yield Bonds	—	—	71.08M	Apr 2012	HBND.TO vs HYXU
HDIV.TO	Hamilton Enhanced Canadian Covered Call ETF	Derivative Income	93	17.22%	1.63B	Jul 2021	HBND.TO vs HDIV.TO
BCE.TO	BCE Inc.		68	3.52%	—	—	HBND.TO vs BCE.TO
CPX.TO	Capital Power Corporation		70	23.08%	—	—	HBND.TO vs CPX.TO
MFC.TO	Manulife Financial Corporation		76	9.42%	—	—	HBND.TO vs MFC.TO
AC.TO	Air Canada		51	10.58%	—	—	HBND.TO vs AC.TO
AD-UN.TO	Alaris Equity Partners Income Trust		86	15.79%	—	—	HBND.TO vs AD-UN.TO
BRK.TO	Berkshire Hathaway CDR (CAD Hedged)		24	-5.68%	—	—	HBND.TO vs BRK.TO
CM.TO	Canadian Imperial Bank of Commerce		97	22.83%	—	—	HBND.TO vs CM.TO
EMA.TO	Emera Incorporated		83	8.03%	—	—	HBND.TO vs EMA.TO
ENB.TO	Enbridge Inc.		85	23.18%	—	—	HBND.TO vs ENB.TO
FTS.TO	Fortis Inc.		82	9.34%	—	—	HBND.TO vs FTS.TO
H.TO	Hydro One Limited		74	3.29%	—	—	HBND.TO vs H.TO
HXS.TO	Global X S&P 500 Index Corporate Class ETF	S&P 500	75	12.45%	6.67B	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