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 24 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%	3.82B	Mar 2016	XLB.TO vs TDB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	0.09%	12.80B	Jan 2010	XLB.TO vs ZAG.TO
VAB.TO	Vanguard Canadian Aggregate Bond Index ETF	0.09%	7.35B	Nov 2011	XLB.TO vs VAB.TO
XSB.TO	iShares Core Canadian Short Term Bond Index ETF	0.10%	4.21B	Nov 2000	XLB.TO vs XSB.TO
XBB.TO	iShares Core Canadian Universe Bond Index ETF	0.10%	9.96B	Nov 2000	XLB.TO vs XBB.TO

Best Risk-Adjusted Alternatives to XLB.TO

XLB.TO has a PortfoliosLab risk / return rank of 14. 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	2.27B	Apr 2023	XLB.TO vs CBIL.TO
VVSG.TO	Vanguard Canadian Ultra-Short Government Bond Inde...	99	207.90M	Sep 2024	XLB.TO vs VVSG.TO
TCSH.TO	TD Cash Management ETF	99	—	Feb 2024	XLB.TO vs TCSH.TO
XFR.TO	iShares Floating Rate Index ETF	98	812.99M	Dec 2011	XLB.TO vs XFR.TO
ZBI.TO	BMO Canadian Bank Income Index ETF	85	—	Feb 2022	XLB.TO vs ZBI.TO

Top Performing XLB.TO Alternatives (YTD)

XLB.TO is at 2.77% YTD. No ETFs in the Canadian Government Bonds category have higher YTD returns; the top-performing alternatives shown here go as high as 2.42%.

Symbol	Name	YTD Return	AUM	Inception
XFLB.TO	iShares Core Canadian 15+ Year Federal Bond Index ...	2.42%	—	Feb 2023	XLB.TO vs XFLB.TO
ZFL.TO	BMO Long Federal Bond	2.39%	1.31B	May 2010	XLB.TO vs ZFL.TO
CORE.TO	PIMCO Canadian Core Bond Fund	2.24%	—	Jan 2011	XLB.TO vs CORE.TO
TCLB.TO	TD Canadian Long Term Federal Bond ETF	2.20%	391.68M	Nov 2019	XLB.TO vs TCLB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	1.70%	12.80B	Jan 2010	XLB.TO vs ZAG.TO

Lowest Volatility Alternatives to XLB.TO

XLB.TO has 7.93% 1-year volatility. There are 26 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%	2.27B	Apr 2023	XLB.TO vs CBIL.TO
VVSG.TO	Vanguard Canadian Ultra-Short Government Bond Inde...	0.36%	207.90M	Sep 2024	XLB.TO vs VVSG.TO
TCSH.TO	TD Cash Management ETF	0.46%	—	Feb 2024	XLB.TO vs TCSH.TO
XFR.TO	iShares Floating Rate Index ETF	0.72%	812.99M	Dec 2011	XLB.TO vs XFR.TO
ZST.TO	BMO Ultra Short-Term Bond ETF	1.08%	3.53B	Jan 2011	XLB.TO vs ZST.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%	2.27B	Apr 2023	XLB.TO vs CBIL.TO
TCSH.TO	TD Cash Management ETF	-0.10%	—	Feb 2024	XLB.TO vs TCSH.TO
XFR.TO	iShares Floating Rate Index ETF	-0.10%	812.99M	Dec 2011	XLB.TO vs XFR.TO
VVSG.TO	Vanguard Canadian Ultra-Short Government Bond Inde...	-0.14%	207.90M	Sep 2024	XLB.TO vs VVSG.TO
ZST.TO	BMO Ultra Short-Term Bond ETF	-1.01%	3.53B	Jan 2011	XLB.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	75	12.29%	18.41B	Aug 2019	XLB.TO vs XEQT.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	Dividend, Large Cap Value Equities	98	19.17%	5.25B	Jun 2017	XLB.TO vs XDIV.TO
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	Canada Equities	98	22.21%	4.02B	Apr 2011	XLB.TO vs XEI.TO
XIC.TO	iShares Core S&P/TSX Capped Composite Index ETF	Canada Equities	80	10.75%	29.66B	Feb 2001	XLB.TO vs XIC.TO
XIU.TO	iShares S&P/TSX 60 Index ETF	Canada Equities	82	10.14%	22.52B	Sep 1999	XLB.TO vs XIU.TO
XQQ.TO	iShares NASDAQ 100 Index ETF (CAD-Hedged)	Nasdaq-100	66	19.81%	5.56B	May 2011	XLB.TO vs XQQ.TO
XEF.TO	iShares Core MSCI EAFE IMI Index ETF	Foreign Large Cap Equities	47	9.95%	21.46B	Apr 2013	XLB.TO vs XEF.TO
XGRO.TO	iShares Core Growth ETF Portfolio	Diversified Portfolio	67	10.38%	4.82B	Jun 2007	XLB.TO vs XGRO.TO
XUS.TO	iShares Core S&P 500 Index ETF	S&P 500	73	12.21%	12.60B	Apr 2013	XLB.TO vs XUS.TO
XAW.TO	iShares Core MSCI All Country World ex Canada Inde...	Global Equities	76	13.70%	4.25B	Feb 2015	XLB.TO vs XAW.TO

Often Compared With XLB.TO

Investors most often compare XLB.TO with TLT, XTLT.TO, XCB.TO. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
TLT	iShares 20+ Year Treasury Bond ETF	Government Bonds, Long-Term Bond	16	-0.27%	42.90B	Jul 2002	XLB.TO vs TLT
XTLT.TO	iShares 20+ Year U.S. Treasury Bond Index ETF	Government Bonds, Long-Term Bond	16	0.91%	—	Feb 2023	XLB.TO vs XTLT.TO
XCB.TO	iShares Core Canadian Corporate Bond Index ETF	Corporate Bonds	31	1.75%	3.28B	Nov 2006	XLB.TO vs XCB.TO
XHB.TO	iShares Canadian HYBrid Corporate Bond Index ETF	Corporate Bonds	51	2.17%	226.19M	Sep 2010	XLB.TO vs XHB.TO
SPY	State Street SPDR S&P 500 ETF	S&P 500	70	10.91%	781.00B	Jan 1993	XLB.TO vs SPY
XIG.TO	iShares U.S. IG Corporate Bond Index ETF (CAD-Hedg...	Corporate Bonds	23	-0.29%	287.18M	Jan 2010	XLB.TO vs XIG.TO
XRB.TO	iShares Canadian Real Return Bond Index ETF	Inflation-Protected Bonds	16	2.56%	268.93M	Dec 2005	XLB.TO vs XRB.TO
XSTP.TO	iShares 0-5 Year TIPS Bond Index ETF	Inflation-Protected Bonds	28	3.35%	—	Jul 2021	XLB.TO vs XSTP.TO
XSE.TO	iShares Conservative Strategic Fixed Income ETF	Intermediate Core Bond	20	0.29%	64.73M	Sep 2015	XLB.TO vs XSE.TO
XEB.TO	iShares J.P. Morgan USD Emerging Markets Bond Inde...	Emerging Markets Bonds	40	0.59%	30.92M	Apr 2011	XLB.TO vs XEB.TO
VLB.TO	Vanguard Canadian Long-Term Bond Index ETF	Long-Term Bond	13	2.84%	296.24M	Jan 2017	XLB.TO vs VLB.TO
CLG.TO	iShares 1-10 Year Laddered Government Bond Index E...	Canadian Government Bonds	27	1.12%	933.75M	Oct 2011	XLB.TO vs CLG.TO
ZGB.TO	BMO Government Bond Index ETF	Canadian Government Bonds	19	1.62%	1.28B	Mar 2018	XLB.TO vs ZGB.TO
ZDB.TO	BMO Discount Bond	Canadian Government Bonds	19	1.53%	1.26B	Feb 2014	XLB.TO vs ZDB.TO
VEQT.TO	Vanguard All-Equity ETF Portfolio	Global Equities	81	12.75%	14.70B	Jan 2019	XLB.TO vs VEQT.TO
XSTB.TO	iShares ESG Aware Canadian Short Term Bond Index E...	Canadian Government Bonds	41	0.89%	142.35M	Mar 2019	XLB.TO vs XSTB.TO
XSHG.TO	iShares ESG Advanced 1-5 Year Canadian Corporate B...	Canadian Government Bonds	59	1.14%	—	Aug 2021	XLB.TO vs XSHG.TO
ZSB.TO	BMO Short-Term Bond Index ETF	Canadian Government Bonds	41	0.96%	173.02M	Mar 2018	XLB.TO vs ZSB.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	Dividend	98	20.59%	7.99B	Nov 2012	XLB.TO vs VDY.TO
VT	Vanguard Total World Stock ETF	Global Equities	67	12.24%	90.20B	Jun 2008	XLB.TO vs VT

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