XSH.TO Alternatives & Similar ETFs

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

Cheapest Alternatives to XSH.TO

XSH.TO charges 0.10% annually. There are 3 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	XSH.TO vs TDB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	0.09%	13.13B	Jan 2010	XSH.TO vs ZAG.TO
VAB.TO	Vanguard Canadian Aggregate Bond Index ETF	0.09%	7.52B	Nov 2011	XSH.TO vs VAB.TO
XSB.TO	iShares Core Canadian Short Term Bond Index ETF	0.10%	4.31B	Nov 2000	XSH.TO vs XSB.TO
ZSB.TO	BMO Short-Term Bond Index ETF	0.10%	181.20M	Mar 2018	XSH.TO vs ZSB.TO

Best Risk-Adjusted Alternatives to XSH.TO

XSH.TO has a PortfoliosLab risk / return rank of 66. There are 6 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	XSH.TO vs CBIL.TO
VVSG.TO	Vanguard Canadian Ultra-Short Government Bond Inde...	99	214.29M	Sep 2024	XSH.TO vs VVSG.TO
XFR.TO	iShares Floating Rate Index ETF	98	793.90M	Dec 2011	XSH.TO vs XFR.TO
PFL.TO	Invesco Canadian Government Floating Rate Index ET...	97	258.84M	Jul 2014	XSH.TO vs PFL.TO
ZBI.TO	BMO Canadian Bank Income Index ETF	88	—	Feb 2022	XSH.TO vs ZBI.TO

Top Performing XSH.TO Alternatives (YTD)

XSH.TO is at 1.35% YTD. There are 2 ETFs in the Canadian Government Bonds category with higher YTD returns, going as high as 1.95%.

Symbol	Name	YTD Return	AUM	Inception
ZBI.TO	BMO Canadian Bank Income Index ETF	1.95%	—	Feb 2022	XSH.TO vs ZBI.TO
CORE.TO	PIMCO Canadian Core Bond Fund	1.95%	—	Jan 2011	XSH.TO vs CORE.TO
XFR.TO	iShares Floating Rate Index ETF	1.31%	793.90M	Dec 2011	XSH.TO vs XFR.TO
ZCS.TO	BMO Short Corporate Bond Index ETF	1.31%	4.96B	Oct 2009	XSH.TO vs ZCS.TO
PFL.TO	Invesco Canadian Government Floating Rate Index ET...	1.26%	258.84M	Jul 2014	XSH.TO vs PFL.TO

Lowest Volatility Alternatives to XSH.TO

XSH.TO has 2.21% 1-year volatility. There are 12 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	XSH.TO vs CBIL.TO
VVSG.TO	Vanguard Canadian Ultra-Short Government Bond Inde...	0.34%	214.29M	Sep 2024	XSH.TO vs VVSG.TO
XFR.TO	iShares Floating Rate Index ETF	0.71%	793.90M	Dec 2011	XSH.TO vs XFR.TO
PFL.TO	Invesco Canadian Government Floating Rate Index ET...	0.82%	258.84M	Jul 2014	XSH.TO vs PFL.TO
XSTB.TO	iShares ESG Aware Canadian Short Term Bond Index E...	1.83%	146.43M	Mar 2019	XSH.TO vs XSTB.TO

Lowest Drawdown Alternatives to XSH.TO

XSH.TO has a 1-year max drawdown of -1.51%. There are 11 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	XSH.TO vs CBIL.TO
XFR.TO	iShares Floating Rate Index ETF	-0.10%	793.90M	Dec 2011	XSH.TO vs XFR.TO
VVSG.TO	Vanguard Canadian Ultra-Short Government Bond Inde...	-0.14%	214.29M	Sep 2024	XSH.TO vs VVSG.TO
PFL.TO	Invesco Canadian Government Floating Rate Index ET...	-0.15%	258.84M	Jul 2014	XSH.TO vs PFL.TO
ZBI.TO	BMO Canadian Bank Income Index ETF	-1.21%	—	Feb 2022	XSH.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	86	13.91%	20.34B	Aug 2019	XSH.TO vs XEQT.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	Dividend, Large Cap Value Equities	98	25.10%	5.78B	Jun 2017	XSH.TO vs XDIV.TO
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	Canada Equities	98	26.42%	4.25B	Apr 2011	XSH.TO vs XEI.TO
XIC.TO	iShares Core S&P/TSX Capped Composite Index ETF	Canada Equities	89	12.55%	31.16B	Feb 2001	XSH.TO vs XIC.TO
XIU.TO	iShares S&P/TSX 60 Index ETF	Canada Equities	92	13.48%	23.77B	Sep 1999	XSH.TO vs XIU.TO
XQQ.TO	iShares NASDAQ 100 Index ETF (CAD-Hedged)	Nasdaq-100	42	14.50%	5.51B	May 2011	XSH.TO vs XQQ.TO
XEF.TO	iShares Core MSCI EAFE IMI Index ETF	Foreign Large Cap Equities	61	12.48%	22.53B	Apr 2013	XSH.TO vs XEF.TO
XGRO.TO	iShares Core Growth ETF Portfolio	Diversified Portfolio	76	11.30%	5.03B	Jun 2007	XSH.TO vs XGRO.TO
XUS.TO	iShares Core S&P 500 Index ETF	S&P 500	79	13.88%	13.11B	Apr 2013	XSH.TO vs XUS.TO
XAW.TO	iShares Core MSCI All Country World ex Canada Inde...	Global Equities	81	14.66%	4.49B	Feb 2015	XSH.TO vs XAW.TO

Often Compared With XSH.TO

Investors most often compare XSH.TO with XCB.TO, XBB.TO, ZMMK.TO. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
XCB.TO	iShares Core Canadian Corporate Bond Index ETF	Corporate Bonds	36	1.14%	3.32B	Nov 2006	XSH.TO vs XCB.TO
XBB.TO	iShares Core Canadian Universe Bond Index ETF	Intermediate Core Bond	27	0.97%	10.13B	Nov 2000	XSH.TO vs XBB.TO
ZMMK.TO	BMO Money Market Fund ETF Series	Money Market	99	1.23%	5.77B	Nov 2021	XSH.TO vs ZMMK.TO
CLF.TO	iShares 1-5 Year Laddered Government Bond Index ET...	Canadian Government Bonds	48	0.84%	753.20M	Jan 2008	XSH.TO vs CLF.TO
XFLB.TO	iShares Core Canadian 15+ Year Federal Bond Index ...	Canadian Government Bonds	11	-0.06%	—	Feb 2023	XSH.TO vs XFLB.TO
CBO.TO	iShares 1-5 Year Laddered Corporate Bond Index ETF	Canadian Government Bonds	56	0.98%	929.21M	Feb 2009	XSH.TO vs CBO.TO
VSCSX	Vanguard Short-Term Corporate Bond Index Fund Admi...	Corporate Bonds	81	0.79%	50.50B	Nov 2010	XSH.TO vs VSCSX
PULS	PGIM Ultra Short Bond ETF	Ultrashort Bond	99	2.13%	17.62B	Apr 2018	XSH.TO vs PULS
ZCB.TO	BMO Corporate Bond Index ETF	Corporate Bonds	39	1.47%	2.00B	Mar 2018	XSH.TO vs ZCB.TO
XGB.TO	iShares Core Canadian Government Bond Index ETF	Canadian Government Bonds	24	1.04%	1.65B	Nov 2006	XSH.TO vs XGB.TO
HAF.TO	Global X Active Global Fixed Income ETF	Global Bonds	15	1.50%	66.47M	Jul 2009	XSH.TO vs HAF.TO
DXV.TO	Dynamic Active Investment Grade Floating Rate ETF		91	1.50%	344.32M	—	XSH.TO vs DXV.TO
XSHG.TO	iShares ESG Advanced 1-5 Year Canadian Corporate B...	Canadian Government Bonds	67	1.18%	—	Aug 2021	XSH.TO vs XSHG.TO
ZFH.TO	BMO Floating Rate High Yield ETF	High Yield Bonds	42	2.58%	250.89M	Feb 2014	XSH.TO vs ZFH.TO
ZST.TO	BMO Ultra Short-Term Bond ETF	Ultrashort Bond	55	1.35%	3.55B	Jan 2011	XSH.TO vs ZST.TO
CASH.TO	Global X High Interest Savings ETF	Money Market	100	1.06%	6.66B	Nov 2021	XSH.TO vs CASH.TO
TCSH.TO	TD Cash Management ETF	Ultrashort Bond	99	1.13%	—	Feb 2024	XSH.TO vs TCSH.TO
ZGB.TO	BMO Government Bond Index ETF	Canadian Government Bonds	23	0.87%	1.26B	Mar 2018	XSH.TO vs ZGB.TO
VSB.TO	Vanguard Canadian Short Term Bond	Canadian Government Bonds	54	0.98%	1.65B	Nov 2011	XSH.TO vs VSB.TO
CMR.TO	iShares Premium Money Market ETF	Money Market	100	1.23%	2.63B	Feb 2008	XSH.TO vs CMR.TO

Compare XSH.TO with Any Fund or Stock

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

Symbol name

Diversifiers

Pair XSH.TO with funds that move differently

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

Explore XSH.TO Diversifiers

iShares Core Canadian Short Term Corporate Bond Index ETF (XSH.TO) Alternatives