UBIL-U.TO Alternatives & Similar ETFs

Global X 0-3 Month U.S. T-Bill ETF USD (UBIL-U.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 UBIL-U.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to UBIL-U.TO

UBIL-U.TO charges 0.12% annually. No ETFs in the Ultrashort Bond category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.12%.

Symbol	Name	Expense Ratio	AUM	Inception
VVSG.TO	Vanguard Canadian Ultra-Short Government Bond Inde...	0.12%	207.91M	Sep 2024	UBIL-U.TO vs VVSG.TO
ZST.TO	BMO Ultra Short-Term Bond ETF	0.17%	3.54B	Jan 2011	UBIL-U.TO vs ZST.TO
MNU-U.TO	Purpose USD Cash Management ETF	0.20%	—	Apr 2023	UBIL-U.TO vs MNU-U.TO
HFR.TO	Global X Active Ultra-Short Term Investment Grade ...	0.46%	601.10M	Dec 2010	UBIL-U.TO vs HFR.TO

Best Risk-Adjusted Alternatives to UBIL-U.TO

UBIL-U.TO has a PortfoliosLab risk / return rank of 100. No ETFs in the Ultrashort Bond category have higher risk-adjusted ranks; the top alternatives shown here go as high as 100.

Symbol	Name	Risk / Return Rank	AUM	Inception
MNU-U.TO	Purpose USD Cash Management ETF	100	—	Apr 2023	UBIL-U.TO vs MNU-U.TO
VVSG.TO	Vanguard Canadian Ultra-Short Government Bond Inde...	99	207.91M	Sep 2024	UBIL-U.TO vs VVSG.TO
HFR.TO	Global X Active Ultra-Short Term Investment Grade ...	95	601.10M	Dec 2010	UBIL-U.TO vs HFR.TO
ZST.TO	BMO Ultra Short-Term Bond ETF	49	3.54B	Jan 2011	UBIL-U.TO vs ZST.TO

Top Performing UBIL-U.TO Alternatives (YTD)

UBIL-U.TO is at 1.62% YTD. There is 1 ETF in the Ultrashort Bond category with a higher YTD return, going as high as 1.74%.

Symbol	Name	YTD Return	AUM	Inception
MNU-U.TO	Purpose USD Cash Management ETF	1.74%	—	Apr 2023	UBIL-U.TO vs MNU-U.TO
HFR.TO	Global X Active Ultra-Short Term Investment Grade ...	1.47%	601.10M	Dec 2010	UBIL-U.TO vs HFR.TO
ZST.TO	BMO Ultra Short-Term Bond ETF	1.22%	3.54B	Jan 2011	UBIL-U.TO vs ZST.TO
VVSG.TO	Vanguard Canadian Ultra-Short Government Bond Inde...	1.05%	207.91M	Sep 2024	UBIL-U.TO vs VVSG.TO

Lowest Volatility Alternatives to UBIL-U.TO

UBIL-U.TO has 0.31% 1-year volatility. There is 1 ETF in the Ultrashort Bond category with lower 1-year volatility, going as low as 0.26%.

Symbol	Name	Volatility 1Y	AUM	Inception
MNU-U.TO	Purpose USD Cash Management ETF	0.26%	—	Apr 2023	UBIL-U.TO vs MNU-U.TO
VVSG.TO	Vanguard Canadian Ultra-Short Government Bond Inde...	0.34%	207.91M	Sep 2024	UBIL-U.TO vs VVSG.TO
ZST.TO	BMO Ultra Short-Term Bond ETF	1.08%	3.54B	Jan 2011	UBIL-U.TO vs ZST.TO
HFR.TO	Global X Active Ultra-Short Term Investment Grade ...	1.25%	601.10M	Dec 2010	UBIL-U.TO vs HFR.TO

Lowest Drawdown Alternatives to UBIL-U.TO

UBIL-U.TO has a 1-year max drawdown of -0.04%. No ETFs in the Ultrashort Bond category have shallower 1-year drawdowns; the lowest-drawdown alternatives shown here go as shallow as -0.09%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
MNU-U.TO	Purpose USD Cash Management ETF	-0.09%	—	Apr 2023	UBIL-U.TO vs MNU-U.TO
VVSG.TO	Vanguard Canadian Ultra-Short Government Bond Inde...	-0.14%	207.91M	Sep 2024	UBIL-U.TO vs VVSG.TO
HFR.TO	Global X Active Ultra-Short Term Investment Grade ...	-0.40%	601.10M	Dec 2010	UBIL-U.TO vs HFR.TO
ZST.TO	BMO Ultra Short-Term Bond ETF	-1.01%	3.54B	Jan 2011	UBIL-U.TO vs ZST.TO

Other ETFs from Global X

The 10 most viewed Global X ETFs shown here include CASH.TO, CBIL.TO, QQCL.TO and span 10 categories. AUM among these funds goes as high as $7B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
CASH.TO	Global X High Interest Savings ETF	Money Market	99	0.95%	6.67B	Nov 2021	UBIL-U.TO vs CASH.TO
CBIL.TO	Global X 0-3 Month T-Bill ETF	Canadian Government Bonds	99	0.97%	2.36B	Apr 2023	UBIL-U.TO vs CBIL.TO
QQCL.TO	Global X Enhanced NASDAQ-100 Covered Call ETF	Nasdaq-100, Derivative Income	76	20.21%	379.27M	Oct 2023	UBIL-U.TO vs QQCL.TO
HXS.TO	Global X S&P 500 Index Corporate Class ETF	S&P 500	69	11.68%	7.12B	Nov 2010	UBIL-U.TO vs HXS.TO
HXT.TO	Global X S&P/TSX 60 Index Corporate Class ETF	Canada Equities	86	11.58%	5.30B	Sep 2010	UBIL-U.TO vs HXT.TO
CHPS.TO	Global X Artificial Intelligence Semiconductor Ind...	Semiconductors, Technology Equities	92	62.84%	416.39M	Jun 2021	UBIL-U.TO vs CHPS.TO
HSAV.TO	Global X Cash Maximizer Corporate Class ETF	Money Market	61	0.90%	1.92B	Feb 2020	UBIL-U.TO vs HSAV.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	Financials Equities, Equal Weight	97	30.68%	—	Jul 2023	UBIL-U.TO vs HBNK.TO
USCL.TO	Global X Enhanced S&P 500 Covered Call ETF	Derivative Income, S&P 500	76	12.30%	250.98M	Jul 2023	UBIL-U.TO vs USCL.TO
QQCC.TO	Global X NASDAQ-100 Covered Call ETF	Nasdaq-100, Derivative Income	77	16.46%	732.86M	Sep 2011	UBIL-U.TO vs QQCC.TO

Often Compared With UBIL-U.TO

Investors most often compare UBIL-U.TO with ZMMK.TO, ZUCM.TO. These 2 comparison targets span 1 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	1.09%	5.68B	Nov 2021	UBIL-U.TO vs ZMMK.TO
ZUCM.TO	BMO USD Cash Management ETF	Money Market	49	5.28%	—	Sep 2023	UBIL-U.TO vs ZUCM.TO

Compare UBIL-U.TO with Any Fund or Stock

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

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Diversifiers

Pair UBIL-U.TO with funds that move differently

Global X 0-3 Month U.S. T-Bill ETF USD alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to UBIL-U.TO.

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Global X 0-3 Month U.S. T-Bill ETF USD (UBIL-U.TO) Alternatives