PMNT.TO Alternatives & Similar ETFs

PIMCO Global Short Maturity Fund (Canada) (PMNT.TO) belongs to the Ultrashort Bond category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with PMNT.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to PMNT.TO

PMNT.TO charges 0.39% annually. There are 6 ETFs in the Ultrashort Bond category with lower expense ratios, going as low as 0.12%.

Symbol	Name	Expense Ratio	AUM	Inception
VVSG.TO	Vanguard Canadian Ultra-Short Government Bond Inde...	0.12%	214.29M	Sep 2024	PMNT.TO vs VVSG.TO
UBIL-U.TO	Global X 0-3 Month U.S. T-Bill ETF USD	0.12%	581.23M	Apr 2023	PMNT.TO vs UBIL-U.TO
TCSH.TO	TD Cash Management ETF	0.16%	—	Feb 2024	PMNT.TO vs TCSH.TO
ZST.TO	BMO Ultra Short-Term Bond ETF	0.17%	3.54B	Jan 2011	PMNT.TO vs ZST.TO
MNU-U.TO	Purpose USD Cash Management ETF	0.20%	—	Apr 2023	PMNT.TO vs MNU-U.TO

Best Risk-Adjusted Alternatives to PMNT.TO

PMNT.TO has a PortfoliosLab risk / return rank of 77. There are 6 ETFs in the Ultrashort Bond category with higher risk-adjusted ranks, going as high as 100.

Symbol	Name	Risk / Return Rank	AUM	Inception
UBIL-U.TO	Global X 0-3 Month U.S. T-Bill ETF USD	100	581.23M	Apr 2023	PMNT.TO vs UBIL-U.TO
MNU-U.TO	Purpose USD Cash Management ETF	100	—	Apr 2023	PMNT.TO vs MNU-U.TO
VVSG.TO	Vanguard Canadian Ultra-Short Government Bond Inde...	99	214.29M	Sep 2024	PMNT.TO vs VVSG.TO
TCSH.TO	TD Cash Management ETF	99	—	Feb 2024	PMNT.TO vs TCSH.TO
HFR.TO	Global X Active Ultra-Short Term Investment Grade ...	96	624.64M	Dec 2010	PMNT.TO vs HFR.TO

Top Performing PMNT.TO Alternatives (YTD)

PMNT.TO is at 1.64% YTD. There are 3 ETFs in the Ultrashort Bond category with higher YTD returns, going as high as 2.09%.

Symbol	Name	YTD Return	AUM	Inception
MNU-U.TO	Purpose USD Cash Management ETF	2.09%	—	Apr 2023	PMNT.TO vs MNU-U.TO
UBIL-U.TO	Global X 0-3 Month U.S. T-Bill ETF USD	1.94%	581.23M	Apr 2023	PMNT.TO vs UBIL-U.TO
DXV.TO	Dynamic Active Ultra Short Term Bond ETF	1.66%	344.32M	Mar 2018	PMNT.TO vs DXV.TO
HFR.TO	Global X Active Ultra-Short Term Investment Grade ...	1.57%	624.64M	Dec 2010	PMNT.TO vs HFR.TO
ZST.TO	BMO Ultra Short-Term Bond ETF	1.44%	3.54B	Jan 2011	PMNT.TO vs ZST.TO

Lowest Volatility Alternatives to PMNT.TO

PMNT.TO has 1.77% 1-year volatility. There are 7 ETFs in the Ultrashort Bond category with lower 1-year volatility, going as low as 0.25%.

Symbol	Name	Volatility 1Y	AUM	Inception
MNU-U.TO	Purpose USD Cash Management ETF	0.25%	—	Apr 2023	PMNT.TO vs MNU-U.TO
UBIL-U.TO	Global X 0-3 Month U.S. T-Bill ETF USD	0.30%	581.23M	Apr 2023	PMNT.TO vs UBIL-U.TO
VVSG.TO	Vanguard Canadian Ultra-Short Government Bond Inde...	0.34%	214.29M	Sep 2024	PMNT.TO vs VVSG.TO
TCSH.TO	TD Cash Management ETF	0.44%	—	Feb 2024	PMNT.TO vs TCSH.TO
ZST.TO	BMO Ultra Short-Term Bond ETF	1.08%	3.54B	Jan 2011	PMNT.TO vs ZST.TO

Lowest Drawdown Alternatives to PMNT.TO

PMNT.TO has a 1-year max drawdown of -0.63%. There are 6 ETFs in the Ultrashort Bond category with shallower 1-year drawdowns, going as shallow as -0.04%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
UBIL-U.TO	Global X 0-3 Month U.S. T-Bill ETF USD	-0.04%	581.23M	Apr 2023	PMNT.TO vs UBIL-U.TO
MNU-U.TO	Purpose USD Cash Management ETF	-0.09%	—	Apr 2023	PMNT.TO vs MNU-U.TO
TCSH.TO	TD Cash Management ETF	-0.10%	—	Feb 2024	PMNT.TO vs TCSH.TO
VVSG.TO	Vanguard Canadian Ultra-Short Government Bond Inde...	-0.14%	214.29M	Sep 2024	PMNT.TO vs VVSG.TO
DXV.TO	Dynamic Active Ultra Short Term Bond ETF	-0.30%	344.32M	Mar 2018	PMNT.TO vs DXV.TO

Other ETFs from PIMCO Canada Corp.

The 4 most viewed PIMCO Canada Corp. ETFs shown here include PMIF.TO, PCOR.TO, PLDI.TO and span 7 categories. AUM among these funds goes as high as $39B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
PMIF.TO	PIMCO Monthly Income Fund (Canada)	Multisector Bonds, Global Bonds, Actively Managed	43	-0.75%	39.17B	Sep 2017	PMNT.TO vs PMIF.TO
PCOR.TO	PIMCO Managed Core Bond Pool	Intermediate Core-Plus Bond, Global Bonds, Multisector Bonds, Actively Managed	28	-0.72%	2.44B	Feb 2020	PMNT.TO vs PCOR.TO
PLDI.TO	PIMCO Low Duration Monthly Income Fund (Canada)	Short-Term Bond, Global Bonds, Multisector Bonds, Actively Managed	30	-0.39%	1.36B	Feb 2019	PMNT.TO vs PLDI.TO
IGCF.TO	PIMCO Investment Grade Credit Fund (Canada)	Global Corporate Bonds, Investment Grade Bonds, Actively Managed	17	-1.65%	405.70M	Sep 2017	PMNT.TO vs IGCF.TO

Often Compared With PMNT.TO

Investors most often compare PMNT.TO with EARN.TO, CRED.TO. These 2 comparison targets span 6 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
EARN.TO	Evolve Active Global Fixed Income Fund	Global Corporate Bonds, Corporate Bonds	20	-1.84%	28.71M	Nov 2018	PMNT.TO vs EARN.TO
CRED.TO	CI Alternative Investment Grade Credit Fund	Investment Grade Bonds, Long-Short, Nontraditional Bonds, Actively Managed	71	1.05%	371.64M	Jan 2020	PMNT.TO vs CRED.TO

Compare PMNT.TO with Any Fund or Stock

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

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Diversifiers

Pair PMNT.TO with funds that move differently

PIMCO Global Short Maturity Fund (Canada) alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PMNT.TO.

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PIMCO Global Short Maturity Fund (Canada) (PMNT.TO) Alternatives