XLB.TO Alternatives & Similar ETFs

iShares Core Canadian Long Term Bond Index ETF (XLB.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 XLB.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to XLB.TO

XLB.TO charges 0.20% annually. There are 22 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%	4.07B	Mar 2016	XLB.TO vs TDB.TO
VAB.TO	Vanguard Canadian Aggregate Bond Index ETF	0.09%	7.52B	Nov 2011	XLB.TO vs VAB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	0.09%	13.13B	Jan 2010	XLB.TO vs ZAG.TO
ZDB.TO	BMO Discount Bond	0.10%	1.33B	Feb 2014	XLB.TO vs ZDB.TO
XSB.TO	iShares Core Canadian Short Term Bond Index ETF	0.10%	4.31B	Nov 2000	XLB.TO vs XSB.TO

Best Risk-Adjusted Alternatives to XLB.TO

XLB.TO has a PortfoliosLab risk / return rank of 22. There are 26 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	2.39B	Apr 2023	XLB.TO vs CBIL.TO
VVSG.TO	Vanguard Canadian Ultra-Short Government Bond Inde...	99	214.29M	Sep 2024	XLB.TO vs VVSG.TO
XFR.TO	iShares Floating Rate Index ETF	98	793.90M	Dec 2011	XLB.TO vs XFR.TO
PFL.TO	Invesco Canadian Government Floating Rate Index ET...	97	258.84M	Jul 2014	XLB.TO vs PFL.TO
ZBI.TO	BMO Canadian Bank Income Index ETF	89	—	Feb 2022	XLB.TO vs ZBI.TO

Top Performing XLB.TO Alternatives (YTD)

XLB.TO is at 0.97% YTD. There are 26 ETFs in the Canadian Government Bonds category with higher YTD returns, going as high as 2.15%.

Symbol	Name	YTD Return	AUM	Inception
CORE.TO	PIMCO Canadian Core Bond Fund	2.15%	—	Jan 2011	XLB.TO vs CORE.TO
ZBI.TO	BMO Canadian Bank Income Index ETF	2.08%	—	Feb 2022	XLB.TO vs ZBI.TO
ZCS.TO	BMO Short Corporate Bond Index ETF	1.53%	4.96B	Oct 2009	XLB.TO vs ZCS.TO
XSH.TO	iShares Core Canadian Short Term Corporate Bond In...	1.51%	2.65B	Sep 2011	XLB.TO vs XSH.TO
XFR.TO	iShares Floating Rate Index ETF	1.36%	793.90M	Dec 2011	XLB.TO vs XFR.TO

Lowest Volatility Alternatives to XLB.TO

XLB.TO has 7.81% 1-year volatility. There are 26 ETFs in the Canadian Government Bonds category with lower 1-year volatility, going as low as 0.26%.

Symbol	Name	Volatility 1Y	AUM	Inception
CBIL.TO	Global X 0-3 Month T-Bill ETF	0.26%	2.39B	Apr 2023	XLB.TO vs CBIL.TO
VVSG.TO	Vanguard Canadian Ultra-Short Government Bond Inde...	0.34%	214.29M	Sep 2024	XLB.TO vs VVSG.TO
XFR.TO	iShares Floating Rate Index ETF	0.71%	793.90M	Dec 2011	XLB.TO vs XFR.TO
PFL.TO	Invesco Canadian Government Floating Rate Index ET...	0.82%	258.84M	Jul 2014	XLB.TO vs PFL.TO
XSTB.TO	iShares ESG Aware Canadian Short Term Bond Index E...	1.80%	146.43M	Mar 2019	XLB.TO vs XSTB.TO

Lowest Drawdown Alternatives to XLB.TO

XLB.TO has a 1-year max drawdown of -4.85%. There are 26 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%	2.39B	Apr 2023	XLB.TO vs CBIL.TO
XFR.TO	iShares Floating Rate Index ETF	-0.10%	793.90M	Dec 2011	XLB.TO vs XFR.TO
VVSG.TO	Vanguard Canadian Ultra-Short Government Bond Inde...	-0.14%	214.29M	Sep 2024	XLB.TO vs VVSG.TO
PFL.TO	Invesco Canadian Government Floating Rate Index ET...	-0.15%	258.84M	Jul 2014	XLB.TO vs PFL.TO
ZBI.TO	BMO Canadian Bank Income Index ETF	-1.21%	—	Feb 2022	XLB.TO vs ZBI.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 $31B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
XEQT.TO	iShares Core Equity ETF Portfolio	Global Equities	85	13.53%	20.34B	Aug 2019	XLB.TO vs XEQT.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	Dividend, Large Cap Value Equities	98	27.42%	5.78B	Jun 2017	XLB.TO vs XDIV.TO
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	Canada Equities	98	27.96%	4.25B	Apr 2011	XLB.TO vs XEI.TO
XIC.TO	iShares Core S&P/TSX Capped Composite Index ETF	Canada Equities	89	12.83%	31.16B	Feb 2001	XLB.TO vs XIC.TO
XIU.TO	iShares S&P/TSX 60 Index ETF	Canada Equities	92	14.00%	23.77B	Sep 1999	XLB.TO vs XIU.TO
XQQ.TO	iShares NASDAQ 100 Index ETF (CAD-Hedged)	Nasdaq-100	37	13.55%	5.51B	May 2011	XLB.TO vs XQQ.TO
XEF.TO	iShares Core MSCI EAFE IMI Index ETF	Foreign Large Cap Equities	62	12.28%	22.53B	Apr 2013	XLB.TO vs XEF.TO
XGRO.TO	iShares Core Growth ETF Portfolio	Diversified Portfolio	76	11.07%	5.03B	Jun 2007	XLB.TO vs XGRO.TO
XUS.TO	iShares Core S&P 500 Index ETF	S&P 500	76	13.22%	13.11B	Apr 2013	XLB.TO vs XUS.TO
XAW.TO	iShares Core MSCI All Country World ex Canada Inde...	Global Equities	79	14.11%	4.49B	Feb 2015	XLB.TO vs XAW.TO

Often Compared With XLB.TO

Investors most often compare XLB.TO with XBB.TO, TLT, XTLT.TO. These 20 comparison targets span 9 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	33	1.25%	10.13B	Nov 2000	XLB.TO vs XBB.TO
TLT	iShares 20+ Year Treasury Bond ETF	Government Bonds, Long-Term Bond	15	-1.19%	42.18B	Jul 2002	XLB.TO vs TLT
XTLT.TO	iShares 20+ Year U.S. Treasury Bond Index ETF	Government Bonds, Long-Term Bond	17	1.05%	—	Feb 2023	XLB.TO vs XTLT.TO
ZFL.TO	BMO Long Federal Bond	Canadian Government Bonds	13	0.43%	1.30B	May 2010	XLB.TO vs ZFL.TO
XCB.TO	iShares Core Canadian Corporate Bond Index ETF	Corporate Bonds	42	1.39%	3.32B	Nov 2006	XLB.TO vs XCB.TO
XHB.TO	iShares Canadian HYBrid Corporate Bond Index ETF	Corporate Bonds	62	1.85%	225.94M	Sep 2010	XLB.TO vs XHB.TO
SPY	State Street SPDR S&P 500 ETF	S&P 500	65	10.67%	783.21B	Jan 1993	XLB.TO vs SPY
XFLB.TO	iShares Core Canadian 15+ Year Federal Bond Index ...	Canadian Government Bonds	13	-0.13%	—	Feb 2023	XLB.TO vs XFLB.TO
XIG.TO	iShares U.S. IG Corporate Bond Index ETF (CAD-Hedg...	Corporate Bonds	17	-1.22%	289.63M	Jan 2010	XLB.TO vs XIG.TO
XRB.TO	iShares Canadian Real Return Bond Index ETF	Inflation-Protected Bonds	29	3.78%	272.46M	Dec 2005	XLB.TO vs XRB.TO
XSTP.TO	iShares 0-5 Year TIPS Bond Index ETF	Inflation-Protected Bonds	31	4.17%	—	Jul 2021	XLB.TO vs XSTP.TO
XSE.TO	iShares Conservative Strategic Fixed Income ETF	Intermediate Core Bond	25	0.14%	64.37M	Sep 2015	XLB.TO vs XSE.TO
XEB.TO	iShares J.P. Morgan USD Emerging Markets Bond Inde...	Emerging Markets Bonds	37	0.42%	31.71M	Apr 2011	XLB.TO vs XEB.TO
VLB.TO	Vanguard Canadian Long-Term Bond Index ETF	Long-Term Bond	21	1.25%	265.81M	Jan 2017	XLB.TO vs VLB.TO
CLG.TO	iShares 1-10 Year Laddered Government Bond Index E...	Canadian Government Bonds	41	1.16%	983.67M	Oct 2011	XLB.TO vs CLG.TO
ZGB.TO	BMO Government Bond Index ETF	Canadian Government Bonds	30	1.22%	1.26B	Mar 2018	XLB.TO vs ZGB.TO
TCLB.TO	TD Canadian Long Term Federal Bond ETF	Canadian Government Bonds	16	0.73%	416.62M	Nov 2019	XLB.TO vs TCLB.TO
VEQT.TO	Vanguard All-Equity ETF Portfolio	Global Equities	86	13.57%	15.67B	Jan 2019	XLB.TO vs VEQT.TO
VT	Vanguard Total World Stock ETF	Global Equities	63	11.34%	95.30B	Jun 2008	XLB.TO vs VT
XSHG.TO	iShares ESG Advanced 1-5 Year Canadian Corporate B...	Canadian Government Bonds	76	1.33%	—	Aug 2021	XLB.TO vs XSHG.TO

Compare XLB.TO with Any Fund or Stock

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

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Diversifiers

Pair XLB.TO with funds that move differently

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

Explore XLB.TO Diversifiers

iShares Core Canadian Long Term Bond Index ETF (XLB.TO) Alternatives