XGB.TO Alternatives & Similar ETFs

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

Cheapest Alternatives to XGB.TO

XGB.TO charges 0.13% annually. There are 10 ETFs in the Canadian Government Bonds category with lower expense ratios, going as low as 0.08%.

Symbol	Name	Expense Ratio	AUM	Inception
TDB.TO	TD Canadian Aggregate Bond Index ETF	0.08%	3.92B	Mar 2016	XGB.TO vs TDB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	0.09%	12.97B	Jan 2010	XGB.TO vs ZAG.TO
VAB.TO	Vanguard Canadian Aggregate Bond Index ETF	0.09%	7.36B	Nov 2011	XGB.TO vs VAB.TO
CBIL.TO	Global X 0-3 Month T-Bill ETF	0.10%	2.36B	Apr 2023	XGB.TO vs CBIL.TO
ZDB.TO	BMO Discount Bond	0.10%	1.32B	Feb 2014	XGB.TO vs ZDB.TO

Best Risk-Adjusted Alternatives to XGB.TO

XGB.TO has a PortfoliosLab risk / return rank of 21. There are 24 ETFs in the Canadian Government Bonds category with higher risk-adjusted ranks, going as high as 99.

Symbol	Name	Risk / Return Rank	AUM	Inception
CBIL.TO	Global X 0-3 Month T-Bill ETF	99	2.36B	Apr 2023	XGB.TO vs CBIL.TO
VVSG.TO	Vanguard Canadian Ultra-Short Government Bond Inde...	99	207.91M	Sep 2024	XGB.TO vs VVSG.TO
TCSH.TO	TD Cash Management ETF	99	—	Feb 2024	XGB.TO vs TCSH.TO
XFR.TO	iShares Floating Rate Index ETF	98	814.44M	Dec 2011	XGB.TO vs XFR.TO
ZBI.TO	BMO Canadian Bank Income Index ETF	81	—	Feb 2022	XGB.TO vs ZBI.TO

Top Performing XGB.TO Alternatives (YTD)

XGB.TO is at 2.26% YTD. There are 5 ETFs in the Canadian Government Bonds category with higher YTD returns, going as high as 3.40%.

Symbol	Name	YTD Return	AUM	Inception
ZFL.TO	BMO Long Federal Bond	3.40%	1.30B	May 2010	XGB.TO vs ZFL.TO
XLB.TO	iShares Core Canadian Long Term Bond Index ETF	3.15%	746.99M	Nov 2006	XGB.TO vs XLB.TO
CORE.TO	PIMCO Canadian Core Bond Fund	3.05%	—	Jan 2011	XGB.TO vs CORE.TO
XFLB.TO	iShares Core Canadian 15+ Year Federal Bond Index ...	2.84%	—	Feb 2023	XGB.TO vs XFLB.TO
ZGB.TO	BMO Government Bond Index ETF	2.31%	1.28B	Mar 2018	XGB.TO vs ZGB.TO

Lowest Volatility Alternatives to XGB.TO

XGB.TO has 4.58% 1-year volatility. There are 24 ETFs in the Canadian Government Bonds category with lower 1-year volatility, going as low as 0.25%.

Symbol	Name	Volatility 1Y	AUM	Inception
CBIL.TO	Global X 0-3 Month T-Bill ETF	0.25%	2.36B	Apr 2023	XGB.TO vs CBIL.TO
VVSG.TO	Vanguard Canadian Ultra-Short Government Bond Inde...	0.34%	207.91M	Sep 2024	XGB.TO vs VVSG.TO
TCSH.TO	TD Cash Management ETF	0.45%	—	Feb 2024	XGB.TO vs TCSH.TO
XFR.TO	iShares Floating Rate Index ETF	0.72%	814.44M	Dec 2011	XGB.TO vs XFR.TO
ZST.TO	BMO Ultra Short-Term Bond ETF	1.08%	3.54B	Jan 2011	XGB.TO vs ZST.TO

Lowest Drawdown Alternatives to XGB.TO

XGB.TO has a 1-year max drawdown of -2.86%. There are 23 ETFs in the Canadian Government Bonds category with shallower 1-year drawdowns, going as shallow as -0.04%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
CBIL.TO	Global X 0-3 Month T-Bill ETF	-0.04%	2.36B	Apr 2023	XGB.TO vs CBIL.TO
TCSH.TO	TD Cash Management ETF	-0.10%	—	Feb 2024	XGB.TO vs TCSH.TO
XFR.TO	iShares Floating Rate Index ETF	-0.10%	814.44M	Dec 2011	XGB.TO vs XFR.TO
VVSG.TO	Vanguard Canadian Ultra-Short Government Bond Inde...	-0.14%	207.91M	Sep 2024	XGB.TO vs VVSG.TO
ZST.TO	BMO Ultra Short-Term Bond ETF	-1.01%	3.54B	Jan 2011	XGB.TO vs ZST.TO

Other ETFs from iShares

The 10 most viewed iShares ETFs shown here include XEQT.TO, XDIV.TO, XEI.TO and span 8 categories. AUM among these funds goes as high as $30B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
XEQT.TO	iShares Core Equity ETF Portfolio	Global Equities	81	12.77%	19.56B	Aug 2019	XGB.TO vs XEQT.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	Dividend, Large Cap Value Equities	98	20.61%	5.54B	Jun 2017	XGB.TO vs XDIV.TO
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	Canada Equities	97	23.00%	4.13B	Apr 2011	XGB.TO vs XEI.TO
XIC.TO	iShares Core S&P/TSX Capped Composite Index ETF	Canada Equities	83	10.67%	30.44B	Feb 2001	XGB.TO vs XIC.TO
XIU.TO	iShares S&P/TSX 60 Index ETF	Canada Equities	88	11.33%	22.98B	Sep 1999	XGB.TO vs XIU.TO
XQQ.TO	iShares NASDAQ 100 Index ETF (CAD-Hedged)	Nasdaq-100	43	14.22%	5.60B	May 2011	XGB.TO vs XQQ.TO
XEF.TO	iShares Core MSCI EAFE IMI Index ETF	Foreign Large Cap Equities	55	12.11%	22.44B	Apr 2013	XGB.TO vs XEF.TO
XGRO.TO	iShares Core Growth ETF Portfolio	Diversified Portfolio	71	10.58%	4.97B	Jun 2007	XGB.TO vs XGRO.TO
XUS.TO	iShares Core S&P 500 Index ETF	S&P 500	73	11.92%	12.94B	Apr 2013	XGB.TO vs XUS.TO
XAW.TO	iShares Core MSCI All Country World ex Canada Inde...	Global Equities	78	14.12%	4.47B	Feb 2015	XGB.TO vs XAW.TO

Often Compared With XGB.TO

Investors most often compare XGB.TO with XBB.TO, SGOV, CLF.TO. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
XBB.TO	iShares Core Canadian Universe Bond Index ETF	Intermediate Core Bond	24	2.12%	10.10B	Nov 2000	XGB.TO vs XBB.TO
SGOV	iShares 0-3 Month Treasury Bond ETF	Ultrashort Bond	100	1.72%	95.28B	May 2020	XGB.TO vs SGOV
CLF.TO	iShares 1-5 Year Laddered Government Bond Index ET...	Canadian Government Bonds	41	1.23%	755.28M	Jan 2008	XGB.TO vs CLF.TO
XSB.TO	iShares Core Canadian Short Term Bond Index ETF	Short-Term Bond, Canadian Government Bonds	49	1.36%	4.28B	Nov 2000	XGB.TO vs XSB.TO
VT	Vanguard Total World Stock ETF	Global Equities	60	10.01%	95.30B	Jun 2008	XGB.TO vs VT
VCIT	Vanguard Intermediate-Term Corporate Bond ETF	Corporate Bonds	38	0.70%	68.70B	Nov 2009	XGB.TO vs VCIT
SPY	State Street SPDR S&P 500 ETF	S&P 500	60	8.10%	765.27B	Jan 1993	XGB.TO vs SPY
VGVF.DE	Vanguard FTSE Developed World UCITS ETF Acc	Global Equities	86	13.38%	—	Sep 2019	XGB.TO vs VGVF.DE
WCP.TO	Whitecap Resources Inc.		93	33.00%	—	—	XGB.TO vs WCP.TO
CASH.TO	Global X High Interest Savings ETF	Money Market	99	0.95%	6.67B	Nov 2021	XGB.TO vs CASH.TO
VOO	Vanguard S&P 500 ETF	S&P 500	60	8.08%	1.70T	Sep 2010	XGB.TO vs VOO
XSH.TO	iShares Core Canadian Short Term Corporate Bond In...	Canadian Government Bonds	60	1.54%	2.47B	Sep 2011	XGB.TO vs XSH.TO
XCB.TO	iShares Core Canadian Corporate Bond Index ETF	Corporate Bonds	35	2.10%	3.36B	Nov 2006	XGB.TO vs XCB.TO
XSHG.TO	iShares ESG Advanced 1-5 Year Canadian Corporate B...	Canadian Government Bonds	71	1.48%	—	Aug 2021	XGB.TO vs XSHG.TO
XSTH.TO	iShares 0-5 Year TIPS Bond Index ETF (CAD-Hedged)	Inflation-Protected Bonds	25	0.45%	—	Jul 2021	XGB.TO vs XSTH.TO
XQB.TO	iShares High Quality Canadian Bond Index ETF	Canadian Government Bonds	25	1.97%	537.89M	Nov 2009	XGB.TO vs XQB.TO
ZSB.TO	BMO Short-Term Bond Index ETF	Canadian Government Bonds	51	1.39%	171.36M	Mar 2018	XGB.TO vs ZSB.TO
XSTB.TO	iShares ESG Aware Canadian Short Term Bond Index E...	Canadian Government Bonds	50	1.29%	142.84M	Mar 2019	XGB.TO vs XSTB.TO
XBI	SPDR S&P Biotech ETF	Health & Biotech Equities	92	22.90%	8.62B	Feb 2006	XGB.TO vs XBI
XSP.TO	iShares Core S&P 500 Index ETF (CAD-Hedged)	S&P 500	50	6.62%	15.52B	May 2001	XGB.TO vs XSP.TO

Compare XGB.TO with Any Fund or Stock

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

Symbol name

Diversifiers

Pair XGB.TO with funds that move differently

iShares Core Canadian Government Bond Index ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to XGB.TO.

Explore XGB.TO Diversifiers

iShares Core Canadian Government Bond Index ETF (XGB.TO) Alternatives