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 8 mutual funds in the Short-Term Bond category with lower expense ratios, going as low as 0.02%.

Symbol	Name	Expense Ratio	AUM	Inception
VIITX	Vanguard Institutional Intermediate-Term Bond Fund	0.02%	—	Jun 2015	MCAD.TO vs VIITX
VISTX	Vanguard Institutional Short-Term Bond Fund	0.02%	—	Jun 2015	MCAD.TO vs VISTX
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
SWSBX	Schwab Short-Term Bond Index Fund	0.06%	—	Feb 2017	MCAD.TO vs SWSBX

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 1.19% YTD. There are 29 mutual funds in the Short-Term Bond category with higher YTD returns, going as high as 26.34%.

Symbol	Name	YTD Return	AUM	Inception
VSMIX	Vanguard Short-Term Investment-Grade Fund Investor...	26.34%	—	Oct 1982	MCAD.TO vs VSMIX
GPARX	GuidePath Absolute Return Allocation Fund	7.26%	—	Apr 2011	MCAD.TO vs GPARX
LCCMX	Leader Short Term High Yield Bond Fund	4.03%	—	Jul 2005	MCAD.TO vs LCCMX
DFAIX	DFA Short-Duration Real Return Portfolio	2.29%	—	Nov 2013	MCAD.TO vs DFAIX
HOBEX	Holbrook Income Fund	2.19%	—	Jul 2016	MCAD.TO vs HOBEX

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 0.70%.

Symbol	Name	Volatility 1Y	AUM	Inception
DFCFX	DFA Two-Year Fixed Income Portfolio	0.70%	—	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 ...	1.08%	—	Jul 2016	MCAD.TO vs DHEIX
DFEQX	DFA Short-Term Extended Quality Portfolio	1.11%	—	Mar 2009	MCAD.TO vs DFEQX
DHEAX	Diamond Hill Short Duration Securitized Bond Fund	1.13%	—	Jul 2016	MCAD.TO vs DHEAX

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
DHEAX	Diamond Hill Short Duration Securitized Bond Fund	-0.50%	—	Jul 2016	MCAD.TO vs DHEAX
DHEIX	Diamond Hill Short Duration Securitized Bond Fund ...	-0.50%	—	Jul 2016	MCAD.TO vs DHEIX

Often Compared With MCAD.TO

Investors most often compare MCAD.TO with ZMMK.TO, PSA.TO, MNY.TO. These 14 comparison targets span 3 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	1.25%	5.77B	Nov 2021	MCAD.TO vs ZMMK.TO
PSA.TO	Purpose High Interest Savings Fund	Money Market	99	1.15%	4.10B	Oct 2013	MCAD.TO vs PSA.TO
MNY.TO	Purpose Cash Management Fund	Money Market	100	1.22%	2.90B	Sep 2022	MCAD.TO vs MNY.TO
CRDSX	Catholic Responsible Investments Short Duration Bo...	Short-Term Bond	91	0.84%	—	Dec 2021	MCAD.TO vs CRDSX
CROVX	Catholic Responsible Investments Opportunistic Bon...	Short-Term Bond	95	1.29%	—	Dec 2021	MCAD.TO vs CROVX
CBIL.TO	Global X 0-3 Month T-Bill ETF	Canadian Government Bonds	99	1.10%	2.39B	Apr 2023	MCAD.TO vs CBIL.TO
DBLSX	DoubleLine Low Duration Bond Fund	Short-Term Bond	98	1.23%	—	Sep 2011	MCAD.TO vs DBLSX
TSDLX	T. Rowe Price Short Duration Income Fund	Short-Term Bond	95	1.35%	—	Dec 2020	MCAD.TO vs TSDLX
SNSAX	SEI Asset Allocation Trust Defensive Strategy Fund	Short-Term Bond	91	1.91%	—	Nov 2003	MCAD.TO vs SNSAX
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	76	0.52%	—	Aug 2015	MCAD.TO vs TNSHX
XFR.TO	iShares Floating Rate Index ETF	Canadian Government Bonds	98	1.36%	793.90M	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	97	1.11%	—	Sep 2011	MCAD.TO vs DLSNX

Compare MCAD.TO with Any Fund or Stock

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

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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.

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Evolve Premium Cash Management ETF (MCAD.TO) Alternatives