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
XTLH.TO	iShares 20+ Year U.S. Treasury Bond Index ETF (CAD...	0.18%	—	Feb 2023	HBND.TO vs XTLH.TO
XTLT.TO	iShares 20+ Year U.S. Treasury Bond Index ETF	0.18%	—	Feb 2023	HBND.TO vs XTLT.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%	230.93M	Jan 2024	HBND.TO vs HPYM.TO

Best Risk-Adjusted Alternatives to HBND.TO

HBND.TO has a PortfoliosLab risk / return rank of 14. There are 9 ETFs in the Government Bonds category with higher risk-adjusted ranks, going as high as 39.

Symbol	Name	Risk / Return Rank	AUM	Inception
ZPS.TO	BMO Short Provincial Bond Index ETF	39	—	Oct 2009	HBND.TO vs ZPS.TO
ZFS.TO	BMO Short Federal Bond Index ETF	39	—	Oct 2009	HBND.TO vs ZFS.TO
BXF.TO	CI 1-5 Year Laddered Government Strip Bond Index E...	32	—	Jun 2013	HBND.TO vs BXF.TO
ZMP.TO	BMO Mid Provincial Bond Index ETF	28	—	Mar 2013	HBND.TO vs ZMP.TO
ZFM.TO	BMO Mid Federal Bond Index ETF	20	—	May 2009	HBND.TO vs ZFM.TO

Top Performing HBND.TO Alternatives (YTD)

HBND.TO is at 1.71% YTD. There are 5 ETFs in the Government Bonds category with higher YTD returns, going as high as 4.36%.

Symbol	Name	YTD Return	AUM	Inception
XTLT.TO	iShares 20+ Year U.S. Treasury Bond Index ETF	4.36%	—	Feb 2023	HBND.TO vs XTLT.TO
ZTL.NEO	BMO Long-Term US Treasury Bond Index ETF	4.33%	—	Feb 2017	HBND.TO vs ZTL.NEO
ZPL.TO	BMO Long Provincial Bond Index ETF	3.53%	—	Mar 2013	HBND.TO vs ZPL.TO
ZMP.TO	BMO Mid Provincial Bond Index ETF	2.28%	—	Mar 2013	HBND.TO vs ZMP.TO
ZFM.TO	BMO Mid Federal Bond Index ETF	1.97%	—	May 2009	HBND.TO vs ZFM.TO

Lowest Volatility Alternatives to HBND.TO

HBND.TO has 8.49% 1-year volatility. There are 7 ETFs in the Government Bonds category with lower 1-year volatility, going as low as 1.97%.

Symbol	Name	Volatility 1Y	AUM	Inception
ZFS.TO	BMO Short Federal Bond Index ETF	1.97%	—	Oct 2009	HBND.TO vs ZFS.TO
ZPS.TO	BMO Short Provincial Bond Index ETF	2.30%	—	Oct 2009	HBND.TO vs ZPS.TO
BXF.TO	CI 1-5 Year Laddered Government Strip Bond Index E...	3.06%	—	Jun 2013	HBND.TO vs BXF.TO
FGO.TO	CI Enhanced Government Bond ETF	4.42%	—	Jul 2018	HBND.TO vs FGO.TO
ZMP.TO	BMO Mid Provincial Bond Index ETF	4.45%	—	Mar 2013	HBND.TO vs ZMP.TO

Lowest Drawdown Alternatives to HBND.TO

HBND.TO has a 1-year max drawdown of -6.76%. There are 8 ETFs in the Government Bonds category with shallower 1-year drawdowns, going as shallow as -1.44%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
ZPS.TO	BMO Short Provincial Bond Index ETF	-1.44%	—	Oct 2009	HBND.TO vs ZPS.TO
ZFS.TO	BMO Short Federal Bond Index ETF	-1.50%	—	Oct 2009	HBND.TO vs ZFS.TO
BXF.TO	CI 1-5 Year Laddered Government Strip Bond Index E...	-1.55%	—	Jun 2013	HBND.TO vs BXF.TO
FGO.TO	CI Enhanced Government Bond ETF	-2.82%	—	Jul 2018	HBND.TO vs FGO.TO
ZMP.TO	BMO Mid Provincial Bond Index ETF	-2.98%	—	Mar 2013	HBND.TO vs ZMP.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 $2B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
HMAX.TO	Hamilton Canadian Financials Yield Maximizer ETF	Derivative Income	96	18.60%	2.49B	Jan 2023	HBND.TO vs HMAX.TO
HYLD.TO	Hamilton Enhanced U.S. Covered Call ETF	Derivative Income	76	16.58%	1.29B	Feb 2022	HBND.TO vs HYLD.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	Financials Equities, Canada Equities, Leveraged Equities	98	40.08%	1.08B	Oct 2020	HBND.TO vs HCAL.TO
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	Derivative Income, Utilities Equities	69	8.12%	1.40B	Jun 2023	HBND.TO vs UMAX.TO
QDAY.NEO	Hamilton EnhancedTechnology DayMAX™ ETF	Derivative Income	—	32.71%	—	Jul 2025	HBND.TO vs QDAY.NEO
QMAX.TO	Hamilton Technology YIELD MAXIMIZER ETF	Technology Equities, Derivative Income	54	26.12%	989.00M	Oct 2023	HBND.TO vs QMAX.TO
CDAY.NEO	Hamilton Enhanced Canadian Equity DayMAX ETF	Derivative Income, Canada Equities	—	16.27%	242.10M	Jul 2025	HBND.TO vs CDAY.NEO
AMAX.TO	Hamilton Gold Producer YIELD MAXIMIZER ETF	Gold, Derivative Income, Precious Metals	25	-10.22%	466.30M	Feb 2024	HBND.TO vs AMAX.TO
CMVP.TO	HAMILTON CHAMPIONS Canadian Dividend Index ETF Cla...	Canada Equities	93	16.48%	—	Jan 2025	HBND.TO vs CMVP.TO
SDAY.NEO	Hamilton Enhanced U.S. Equity DayMAX™ ETF	Derivative Income	—	16.31%	—	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	53	0.89%	227.40M	Sep 2024	HBND.TO vs HBIL.TO
SCHZ	Schwab U.S. Aggregate Bond ETF	Total Bond Market	29	0.69%	10.64B	Jul 2011	HBND.TO vs SCHZ
TLT	iShares 20+ Year Treasury Bond ETF	Government Bonds, Long-Term Bond	12	1.03%	41.39B	Jul 2002	HBND.TO vs TLT
CBIL.TO	Global X 0-3 Month T-Bill ETF	Canadian Government Bonds	99	1.03%	2.37B	Apr 2023	HBND.TO vs CBIL.TO
CSHI	NEOS Enhanced Income 1-3 Month T-Bill ETF	Ultrashort Bond	99	2.56%	1.39B	Aug 2022	HBND.TO vs CSHI
ZMMK.TO	BMO Money Market Fund ETF Series	Money Market	99	1.17%	5.76B	Nov 2021	HBND.TO vs ZMMK.TO
HDIV.TO	Hamilton Enhanced Canadian Covered Call ETF	Derivative Income	95	18.53%	1.71B	Jul 2021	HBND.TO vs HDIV.TO
BCE.TO	BCE Inc.		53	-4.29%	—	—	HBND.TO vs BCE.TO
CPX.TO	Capital Power Corporation		76	28.79%	—	—	HBND.TO vs CPX.TO
MFC.TO	Manulife Financial Corporation		86	17.64%	—	—	HBND.TO vs MFC.TO
AC.TO	Air Canada		57	28.25%	—	—	HBND.TO vs AC.TO
AD-UN.TO	Alaris Equity Partners Income Trust		87	20.17%	—	—	HBND.TO vs AD-UN.TO
CM.TO	Canadian Imperial Bank of Commerce		98	33.22%	—	—	HBND.TO vs CM.TO
ENB.TO	Enbridge Inc.		88	20.18%	—	—	HBND.TO vs ENB.TO
FTS.TO	Fortis Inc.		92	15.77%	—	—	HBND.TO vs FTS.TO
BRK.TO	Berkshire Hathaway CDR (CAD Hedged)		42	-1.46%	—	—	HBND.TO vs BRK.TO
EMA.TO	Emera Incorporated		89	13.58%	—	—	HBND.TO vs EMA.TO
H.TO	Hydro One Limited		84	8.35%	—	—	HBND.TO vs H.TO
HXS.TO	Global X S&P 500 Index Corporate Class ETF	S&P 500	76	13.44%	7.01B	Nov 2010	HBND.TO vs HXS.TO
POW.TO	Power Corporation of Canada		96	23.39%	—	—	HBND.TO vs POW.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