NHYB.TO Alternatives & Similar ETFs

NBI High Yield Bond ETF (NHYB.TO) belongs to the High Yield Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with NHYB.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to NHYB.TO

NHYB.TO charges 0.68% annually. There are 4 ETFs in the High Yield Bonds category with lower expense ratios, going as low as 0.49%.

Symbol	Name	Expense Ratio	AUM	Inception
CVD.TO	iShares Convertible Bond Index ETF	0.49%	125.39M	Jun 2011	NHYB.TO vs CVD.TO
XSI.TO	iShares Short Term Strategic Fixed Income ETF	0.55%	45.27M	Jan 2015	NHYB.TO vs XSI.TO
XHY.TO	iShares U.S. High Yield Bond Index ETF (CAD-Hedged...	0.56%	1.12B	Jan 2010	NHYB.TO vs XHY.TO
ZHY.TO	BMO High Yield US Corporate Bond Hedged to CAD Ind...	0.61%	1.50B	Oct 2009	NHYB.TO vs ZHY.TO
CGHY.TO	CI High Yield Bond Private Pool ETF C$ Series	0.76%	—	Apr 2022	NHYB.TO vs CGHY.TO

Best Risk-Adjusted Alternatives to NHYB.TO

NHYB.TO has a PortfoliosLab risk / return rank of 25. There are 4 ETFs in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 62.

Symbol	Name	Risk / Return Rank	AUM	Inception
ZJK.TO	BMO High Yield US Corporate Bond Index ETF	62	—	Feb 2021	NHYB.TO vs ZJK.TO
CGHY.TO	CI High Yield Bond Private Pool ETF C$ Series	43	—	Apr 2022	NHYB.TO vs CGHY.TO
CVD.TO	iShares Convertible Bond Index ETF	34	125.39M	Jun 2011	NHYB.TO vs CVD.TO
ZHY.TO	BMO High Yield US Corporate Bond Hedged to CAD Ind...	26	1.50B	Oct 2009	NHYB.TO vs ZHY.TO
XHY.TO	iShares U.S. High Yield Bond Index ETF (CAD-Hedged...	25	1.12B	Jan 2010	NHYB.TO vs XHY.TO

Top Performing NHYB.TO Alternatives (YTD)

NHYB.TO is at 0.89% YTD. There are 6 ETFs in the High Yield Bonds category with higher YTD returns, going as high as 5.30%.

Symbol	Name	YTD Return	AUM	Inception
ZJK.TO	BMO High Yield US Corporate Bond Index ETF	5.30%	—	Feb 2021	NHYB.TO vs ZJK.TO
CVD.TO	iShares Convertible Bond Index ETF	4.18%	125.39M	Jun 2011	NHYB.TO vs CVD.TO
CGHY.TO	CI High Yield Bond Private Pool ETF C$ Series	3.35%	—	Apr 2022	NHYB.TO vs CGHY.TO
XHY.TO	iShares U.S. High Yield Bond Index ETF (CAD-Hedged...	1.22%	1.12B	Jan 2010	NHYB.TO vs XHY.TO
ZHY.TO	BMO High Yield US Corporate Bond Hedged to CAD Ind...	1.07%	1.50B	Oct 2009	NHYB.TO vs ZHY.TO

Lowest Volatility Alternatives to NHYB.TO

NHYB.TO has 5.40% 1-year volatility. There are 2 ETFs in the High Yield Bonds category with lower 1-year volatility, going as low as 3.58%.

Symbol	Name	Volatility 1Y	AUM	Inception
XSI.TO	iShares Short Term Strategic Fixed Income ETF	3.58%	45.27M	Jan 2015	NHYB.TO vs XSI.TO
XHY.TO	iShares U.S. High Yield Bond Index ETF (CAD-Hedged...	4.75%	1.12B	Jan 2010	NHYB.TO vs XHY.TO
ZHY.TO	BMO High Yield US Corporate Bond Hedged to CAD Ind...	5.60%	1.50B	Oct 2009	NHYB.TO vs ZHY.TO
ZJK.TO	BMO High Yield US Corporate Bond Index ETF	5.93%	—	Feb 2021	NHYB.TO vs ZJK.TO
CGHY.TO	CI High Yield Bond Private Pool ETF C$ Series	6.85%	—	Apr 2022	NHYB.TO vs CGHY.TO

Lowest Drawdown Alternatives to NHYB.TO

NHYB.TO has a 1-year max drawdown of -2.42%. There is 1 ETF in the High Yield Bonds category with a shallower 1-year drawdown, going as shallow as -2.18%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
CGHY.TO	CI High Yield Bond Private Pool ETF C$ Series	-2.18%	—	Apr 2022	NHYB.TO vs CGHY.TO
XSI.TO	iShares Short Term Strategic Fixed Income ETF	-2.42%	45.27M	Jan 2015	NHYB.TO vs XSI.TO
XHY.TO	iShares U.S. High Yield Bond Index ETF (CAD-Hedged...	-2.87%	1.12B	Jan 2010	NHYB.TO vs XHY.TO
ZHY.TO	BMO High Yield US Corporate Bond Hedged to CAD Ind...	-2.96%	1.50B	Oct 2009	NHYB.TO vs ZHY.TO
ZJK.TO	BMO High Yield US Corporate Bond Index ETF	-3.69%	—	Feb 2021	NHYB.TO vs ZJK.TO

Other ETFs from National Bank Investments

The 3 most viewed National Bank Investments ETFs shown here include NUBF.TO, NSCE.TO, EVO.TO and span 3 categories. AUM among these funds goes as high as $3B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
NUBF.TO	NBI Unconstrained Fixed Income ETF	Global Bonds	20	1.48%	2.91B	Oct 2019	NHYB.TO vs NUBF.TO
NSCE.TO	NBI Sustainable Canadian Equity ETF	Sustainable	12	8.06%	2.42B	Jan 2020	NHYB.TO vs NSCE.TO
EVO.TO	Evovest Global Equity ETF	Global Equities	11	13.09%	—	Mar 2024	NHYB.TO vs EVO.TO

Compare NHYB.TO with Any Fund or Stock

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

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Diversifiers

Pair NHYB.TO with funds that move differently

NBI High Yield Bond ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NHYB.TO.

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NBI High Yield Bond ETF (NHYB.TO) Alternatives