MCAD.TO Alternatives & Similar Mutual Funds

Evolve Premium Cash Management ETF (MCAD.TO) belongs to the Short-Term Bond category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with MCAD.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to MCAD.TO

MCAD.TO charges 0.20% annually. There are 12 mutual funds in the Short-Term Bond category with lower expense ratios, going as low as 0.02%.

Symbol	Name	Expense Ratio	AUM	Inception
VISTX	Vanguard Institutional Short-Term Bond Fund	0.02%	—	Jun 2015	MCAD.TO vs VISTX
VIITX	Vanguard Institutional Intermediate-Term Bond Fund	0.02%	—	Jun 2015	MCAD.TO vs VIITX
FUMBX	Fidelity Short-Term Treasury Bond Index Fund	0.03%	—	Dec 2005	MCAD.TO vs FUMBX
EVV	Eaton Vance Limited Duration Income Fund	0.04%	—	May 2003	MCAD.TO vs EVV
VBIRX	Vanguard Short-Term Bond Index Fund Admiral Shares	0.06%	69.90B	Nov 2001	MCAD.TO vs VBIRX

Best Risk-Adjusted Alternatives to MCAD.TO

MCAD.TO has a PortfoliosLab risk / return rank of 100. There is 1 mutual fund in the Short-Term Bond category with a higher risk-adjusted rank, going as high as 100.

Symbol	Name	Risk / Return Rank	AUM	Inception
DFCFX	DFA Two-Year Fixed Income Portfolio	100	—	Jun 1996	MCAD.TO vs DFCFX
GPICX	GuidepathConservative Income Fund	99	—	Apr 2018	MCAD.TO vs GPICX
DHEIX	Diamond Hill Short Duration Securitized Bond Fund ...	99	—	Jul 2016	MCAD.TO vs DHEIX
DHEAX	Diamond Hill Short Duration Securitized Bond Fund	99	—	Jul 2016	MCAD.TO vs DHEAX
DLDFX	Destinations Low Duration Fixed Income Fund	98	—	Mar 2017	MCAD.TO vs DLDFX

Top Performing MCAD.TO Alternatives (YTD)

MCAD.TO is at 1.30% YTD. There are 21 mutual funds in the Short-Term Bond category with higher YTD returns, going as high as 23.07%.

Symbol	Name	YTD Return	AUM	Inception
VSMIX	Vanguard Short-Term Investment-Grade Fund Investor...	23.07%	—	Oct 1982	MCAD.TO vs VSMIX
GPARX	GuidePath Absolute Return Allocation Fund	8.09%	—	Apr 2011	MCAD.TO vs GPARX
LCCMX	Leader Short Term High Yield Bond Fund	3.65%	—	Jul 2005	MCAD.TO vs LCCMX
DHEIX	Diamond Hill Short Duration Securitized Bond Fund ...	2.40%	—	Jul 2016	MCAD.TO vs DHEIX
DHEAX	Diamond Hill Short Duration Securitized Bond Fund	2.33%	—	Jul 2016	MCAD.TO vs DHEAX

Lowest Volatility Alternatives to MCAD.TO

MCAD.TO has 0.40% 1-year volatility. No mutual funds in the Short-Term Bond category have lower 1-year volatility; the lowest-volatility alternatives shown here go as low as 0.73%.

Symbol	Name	Volatility 1Y	AUM	Inception
DFCFX	DFA Two-Year Fixed Income Portfolio	0.73%	—	Jun 1996	MCAD.TO vs DFCFX
GPICX	GuidepathConservative Income Fund	0.79%	—	Apr 2018	MCAD.TO vs GPICX
DHEIX	Diamond Hill Short Duration Securitized Bond Fund ...	1.07%	—	Jul 2016	MCAD.TO vs DHEIX
DHEAX	Diamond Hill Short Duration Securitized Bond Fund	1.12%	—	Jul 2016	MCAD.TO vs DHEAX
DFEQX	DFA Short-Term Extended Quality Portfolio	1.12%	—	Mar 2009	MCAD.TO vs DFEQX

Lowest Drawdown Alternatives to MCAD.TO

MCAD.TO has a 1-year max drawdown of -0.16%. No mutual funds in the Short-Term Bond category have shallower 1-year drawdowns; the lowest-drawdown alternatives shown here go as shallow as -0.21%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
DFCFX	DFA Two-Year Fixed Income Portfolio	-0.21%	—	Jun 1996	MCAD.TO vs DFCFX
GPICX	GuidepathConservative Income Fund	-0.25%	—	Apr 2018	MCAD.TO vs GPICX
DFAIX	DFA Short-Duration Real Return Portfolio	-0.47%	—	Nov 2013	MCAD.TO vs DFAIX
DHEIX	Diamond Hill Short Duration Securitized Bond Fund ...	-0.50%	—	Jul 2016	MCAD.TO vs DHEIX
DHEAX	Diamond Hill Short Duration Securitized Bond Fund	-0.50%	—	Jul 2016	MCAD.TO vs DHEAX

Often Compared With MCAD.TO

Investors most often compare MCAD.TO with ZMMK.TO, PSA.TO, MNY.TO. These 17 comparison targets span 5 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ZMMK.TO	BMO Money Market Fund ETF Series	Money Market	99	1.36%	5.83B	Nov 2021	MCAD.TO vs ZMMK.TO
PSA.TO	Purpose High Interest Savings Fund	Money Market	100	1.27%	4.20B	Oct 2013	MCAD.TO vs PSA.TO
MNY.TO	Purpose Cash Management Fund	Money Market	100	1.36%	3.10B	Sep 2022	MCAD.TO vs MNY.TO
CRDSX	Catholic Responsible Investments Short Duration Bo...	Short-Term Bond	92	0.98%	—	Dec 2021	MCAD.TO vs CRDSX
CROVX	Catholic Responsible Investments Opportunistic Bon...	Short-Term Bond	96	1.37%	—	Dec 2021	MCAD.TO vs CROVX
CBIL.TO	Global X 0-3 Month T-Bill ETF	Canadian Government Bonds	99	1.23%	2.56B	Apr 2023	MCAD.TO vs CBIL.TO
DBLSX	DoubleLine Low Duration Bond Fund	Short-Term Bond	96	1.02%	—	Sep 2011	MCAD.TO vs DBLSX
TSDLX	T. Rowe Price Short Duration Income Fund	Short-Term Bond	92	1.24%	—	Dec 2020	MCAD.TO vs TSDLX
SNSAX	SEI Asset Allocation Trust Defensive Strategy Fund	Short-Term Bond	94	2.23%	—	Nov 2003	MCAD.TO vs SNSAX
SWSBX	Schwab Short-Term Bond Index Fund	Short-Term Bond, Government Bonds	36	0.05%	—	Feb 2017	MCAD.TO vs SWSBX
STBFX	Sextant Short Term Bond Fund	Short-Term Bond	—	—	—	Sep 1995	MCAD.TO vs STBFX
TNSHX	TIAA-CREF Short-Term Bond Index Fund	Short-Term Bond	74	0.52%	—	Aug 2015	MCAD.TO vs TNSHX
HOBEX	Holbrook Income Fund	Short-Term Bond	96	1.98%	—	Jul 2016	MCAD.TO vs HOBEX
XFR.TO	iShares Floating Rate Index ETF	Canadian Government Bonds	98	1.49%	803.49M	Dec 2011	MCAD.TO vs XFR.TO
BATAX	BlackRock Allocation Target Shares Series A Portfo...	Short-Term Bond	98	2.11%	—	Sep 2015	MCAD.TO vs BATAX
DLSNX	DoubleLine Low Duration Bond Fund Class N	Short-Term Bond	95	0.90%	—	Sep 2011	MCAD.TO vs DLSNX
XIC.TO	iShares Core S&P/TSX Capped Composite Index ETF	Canada Equities	90	12.55%	31.79B	Feb 2001	MCAD.TO vs XIC.TO

Compare MCAD.TO with Any Fund or Stock

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

Symbol name

Diversifiers

Pair MCAD.TO with funds that move differently

Evolve Premium Cash Management ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MCAD.TO.

Explore MCAD.TO Diversifiers

Evolve Premium Cash Management ETF (MCAD.TO) Alternatives