XFLI.TO Alternatives & Similar ETFs

iShares Flexible Monthly Income ETF CAD (XFLI.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 XFLI.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to XFLI.TO

Among 12 ETFs in the High Yield Bonds category with expense-ratio data, the lowest-cost alternatives shown here go as low as 0.40%.

Symbol	Name	Expense Ratio	AUM	Inception
ZFH.TO	BMO Floating Rate High Yield ETF	0.40%	250.56M	Feb 2014	XFLI.TO vs ZFH.TO
XSI.TO	iShares Short Term Strategic Fixed Income ETF	0.55%	45.15M	Jan 2015	XFLI.TO vs XSI.TO
XHY.TO	iShares U.S. High Yield Bond Index ETF (CAD-Hedged...	0.56%	1.12B	Jan 2010	XFLI.TO vs XHY.TO
ZJK.TO	BMO High Yield US Corporate Bond Index ETF	0.61%	1.73B	Oct 2017	XFLI.TO vs ZJK.TO
ZHY.TO	BMO High Yield US Corporate Bond Hedged to CAD Ind...	0.61%	1.53B	Oct 2009	XFLI.TO vs ZHY.TO

Best Risk-Adjusted Alternatives to XFLI.TO

XFLI.TO has a PortfoliosLab risk / return rank of 50. There are 4 ETFs in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 96.

Symbol	Name	Risk / Return Rank	AUM	Inception
SYLD.TO	Purpose Strategic Yield Fund	96	526.10M	Apr 2018	XFLI.TO vs SYLD.TO
CMDO.TO	CI Alternative Diversified Opportunities Fund	71	—	Aug 2021	XFLI.TO vs CMDO.TO
ZJK.TO	BMO High Yield US Corporate Bond Index ETF	60	1.73B	Oct 2017	XFLI.TO vs ZJK.TO
DXO.TO	Dynamic Active Crossover Bond ETF	60	96.39M	Jan 2017	XFLI.TO vs DXO.TO
CGHY.TO	CI High Yield Bond Private Pool ETF C$ Series	45	—	Apr 2022	XFLI.TO vs CGHY.TO

Top Performing XFLI.TO Alternatives (YTD)

XFLI.TO is at 3.13% YTD. There are 2 ETFs in the High Yield Bonds category with higher YTD returns, going as high as 4.04%.

Symbol	Name	YTD Return	AUM	Inception
ZJK.TO	BMO High Yield US Corporate Bond Index ETF	4.04%	1.73B	Oct 2017	XFLI.TO vs ZJK.TO
SYLD.TO	Purpose Strategic Yield Fund	3.38%	526.10M	Apr 2018	XFLI.TO vs SYLD.TO
ZFH.TO	BMO Floating Rate High Yield ETF	2.38%	250.56M	Feb 2014	XFLI.TO vs ZFH.TO
CGHY.TO	CI High Yield Bond Private Pool ETF C$ Series	2.17%	—	Apr 2022	XFLI.TO vs CGHY.TO
CMDO.TO	CI Alternative Diversified Opportunities Fund	1.93%	—	Aug 2021	XFLI.TO vs CMDO.TO

Lowest Volatility Alternatives to XFLI.TO

XFLI.TO has 5.59% 1-year volatility. There are 12 ETFs in the High Yield Bonds category with lower 1-year volatility, going as low as 3.37%.

Symbol	Name	Volatility 1Y	AUM	Inception
DXO.TO	Dynamic Active Crossover Bond ETF	3.37%	96.39M	Jan 2017	XFLI.TO vs DXO.TO
CMDO.TO	CI Alternative Diversified Opportunities Fund	3.40%	—	Aug 2021	XFLI.TO vs CMDO.TO
SYLD.TO	Purpose Strategic Yield Fund	3.43%	526.10M	Apr 2018	XFLI.TO vs SYLD.TO
XSI.TO	iShares Short Term Strategic Fixed Income ETF	3.58%	45.15M	Jan 2015	XFLI.TO vs XSI.TO
IFRF.TO	IA Clarington Loomis Floating Rate Income Fund	3.70%	250.80M	Dec 2013	XFLI.TO vs IFRF.TO

Lowest Drawdown Alternatives to XFLI.TO

XFLI.TO has a 1-year max drawdown of -4.15%. There are 14 ETFs in the High Yield Bonds category with shallower 1-year drawdowns, going as shallow as -1.39%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
SYLD.TO	Purpose Strategic Yield Fund	-1.39%	526.10M	Apr 2018	XFLI.TO vs SYLD.TO
CMDO.TO	CI Alternative Diversified Opportunities Fund	-1.54%	—	Aug 2021	XFLI.TO vs CMDO.TO
IFRF.TO	IA Clarington Loomis Floating Rate Income Fund	-1.67%	250.80M	Dec 2013	XFLI.TO vs IFRF.TO
ICPB.TO	IA Clarington Agile Core Plus Bond Fund Series ETF	-2.17%	808.90M	Oct 2018	XFLI.TO vs ICPB.TO
CGHY.TO	CI High Yield Bond Private Pool ETF C$ Series	-2.18%	—	Apr 2022	XFLI.TO vs CGHY.TO

Other ETFs from iShares

The 10 most viewed iShares ETFs shown here include XEQT.TO, XDIV.TO, XEI.TO and span 9 categories. AUM among these funds goes as high as $31B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
XEQT.TO	iShares Core Equity ETF Portfolio	Global Equities	85	12.80%	20.38B	Aug 2019	XFLI.TO vs XEQT.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	Quality Factor, Dividend, Large Cap Value Equities	98	28.31%	5.84B	Jun 2017	XFLI.TO vs XDIV.TO
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	Canada Equities	98	28.44%	4.29B	Apr 2011	XFLI.TO vs XEI.TO
XIC.TO	iShares Core S&P/TSX Capped Composite Index ETF	Canada Equities	90	12.87%	31.26B	Feb 2001	XFLI.TO vs XIC.TO
XIU.TO	iShares S&P/TSX 60 Index ETF	Canada Equities	93	13.48%	23.86B	Sep 1999	XFLI.TO vs XIU.TO
XQQ.TO	iShares NASDAQ 100 Index ETF (CAD-Hedged)	Nasdaq-100	34	10.06%	5.47B	May 2011	XFLI.TO vs XQQ.TO
XEF.TO	iShares Core MSCI EAFE IMI Index ETF	Foreign Large Cap Equities	62	12.20%	22.58B	Apr 2013	XFLI.TO vs XEF.TO
XGRO.TO	iShares Core Growth ETF Portfolio	Diversified Portfolio	75	10.40%	5.00B	Jun 2007	XFLI.TO vs XGRO.TO
XUS.TO	iShares Core S&P 500 Index ETF	S&P 500	74	11.83%	13.05B	Apr 2013	XFLI.TO vs XUS.TO
XAW.TO	iShares Core MSCI All Country World ex Canada Inde...	Global Equities	77	13.13%	4.44B	Feb 2015	XFLI.TO vs XAW.TO

Often Compared With XFLI.TO

Investors most often compare XFLI.TO with CVD.TO, NHYB.TO, TUHY.TO. These 4 comparison targets span 5 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
CVD.TO	iShares Convertible Bond Index ETF	Convertible Bonds	51	6.02%	126.81M	Jun 2011	XFLI.TO vs CVD.TO
NHYB.TO	NBI High Yield Bond ETF	High Yield Bonds	25	0.32%	1.37B	Jan 2020	XFLI.TO vs NHYB.TO
TUHY.TO	TD Active U.S. High Yield Bond ETF	High Yield Bonds	24	-0.24%	573.43M	Nov 2019	XFLI.TO vs TUHY.TO
PBD.TO	Purpose Total Return Bond Fund	Multisector Bonds, Corporate Bonds, High Yield Bonds, Actively Managed	22	0.08%	30.90M	Sep 2013	XFLI.TO vs PBD.TO

Compare XFLI.TO with Any Fund or Stock

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

Symbol name

Diversifiers

Pair XFLI.TO with funds that move differently

iShares Flexible Monthly Income ETF CAD alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to XFLI.TO.

Explore XFLI.TO Diversifiers

iShares Flexible Monthly Income ETF CAD (XFLI.TO) Alternatives