ZBAL.TO Alternatives & Similar ETFs

BMO Balanced ETF (ZBAL.TO) belongs to the Global Allocation category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with ZBAL.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to ZBAL.TO

ZBAL.TO charges 0.18% annually. There is 1 ETF in the Global Allocation category with a lower expense ratio, going as low as 0.15%.

Symbol	Name	Expense Ratio	AUM	Inception
TBAL.TO	TD Balanced ETF Portfolio	0.15%	—	Aug 2020	ZBAL.TO vs TBAL.TO
HCON.TO	Global X Conservative Asset Allocation ETF	0.22%	36.21M	Aug 2018	ZBAL.TO vs HCON.TO
FCGI.TO	Fidelity Global Monthly High Income ETF	0.55%	44.70M	Jan 2020	ZBAL.TO vs FCGI.TO
ZWQT.TO	BMO Global Enhanced Income Fund Series ETF	0.87%	55.41M	Jun 2023	ZBAL.TO vs ZWQT.TO

Best Risk-Adjusted Alternatives to ZBAL.TO

ZBAL.TO has a PortfoliosLab risk / return rank of 72. There are 2 ETFs in the Global Allocation category with higher risk-adjusted ranks, going as high as 92.

Symbol	Name	Risk / Return Rank	AUM	Inception
ZWQT.TO	BMO Global Enhanced Income Fund Series ETF	92	55.41M	Jun 2023	ZBAL.TO vs ZWQT.TO
FCGI.TO	Fidelity Global Monthly High Income ETF	91	44.70M	Jan 2020	ZBAL.TO vs FCGI.TO
TBAL.TO	TD Balanced ETF Portfolio	71	—	Aug 2020	ZBAL.TO vs TBAL.TO
HCON.TO	Global X Conservative Asset Allocation ETF	62	36.21M	Aug 2018	ZBAL.TO vs HCON.TO

Top Performing ZBAL.TO Alternatives (YTD)

ZBAL.TO is at 8.07% YTD. There is 1 ETF in the Global Allocation category with a higher YTD return, going as high as 13.46%.

Symbol	Name	YTD Return	AUM	Inception
ZWQT.TO	BMO Global Enhanced Income Fund Series ETF	13.46%	55.41M	Jun 2023	ZBAL.TO vs ZWQT.TO
FCGI.TO	Fidelity Global Monthly High Income ETF	8.07%	44.70M	Jan 2020	ZBAL.TO vs FCGI.TO
TBAL.TO	TD Balanced ETF Portfolio	7.35%	—	Aug 2020	ZBAL.TO vs TBAL.TO
HCON.TO	Global X Conservative Asset Allocation ETF	5.14%	36.21M	Aug 2018	ZBAL.TO vs HCON.TO

Lowest Volatility Alternatives to ZBAL.TO

ZBAL.TO has 8.38% 1-year volatility. There are 3 ETFs in the Global Allocation category with lower 1-year volatility, going as low as 6.69%.

Symbol	Name	Volatility 1Y	AUM	Inception
HCON.TO	Global X Conservative Asset Allocation ETF	6.69%	36.21M	Aug 2018	ZBAL.TO vs HCON.TO
FCGI.TO	Fidelity Global Monthly High Income ETF	6.74%	44.70M	Jan 2020	ZBAL.TO vs FCGI.TO
TBAL.TO	TD Balanced ETF Portfolio	7.78%	—	Aug 2020	ZBAL.TO vs TBAL.TO
ZWQT.TO	BMO Global Enhanced Income Fund Series ETF	9.40%	55.41M	Jun 2023	ZBAL.TO vs ZWQT.TO

Lowest Drawdown Alternatives to ZBAL.TO

ZBAL.TO has a 1-year max drawdown of -5.81%. There are 3 ETFs in the Global Allocation category with shallower 1-year drawdowns, going as shallow as -3.91%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
FCGI.TO	Fidelity Global Monthly High Income ETF	-3.91%	44.70M	Jan 2020	ZBAL.TO vs FCGI.TO
HCON.TO	Global X Conservative Asset Allocation ETF	-4.71%	36.21M	Aug 2018	ZBAL.TO vs HCON.TO
ZWQT.TO	BMO Global Enhanced Income Fund Series ETF	-5.47%	55.41M	Jun 2023	ZBAL.TO vs ZWQT.TO
TBAL.TO	TD Balanced ETF Portfolio	-5.98%	—	Aug 2020	ZBAL.TO vs TBAL.TO

Other ETFs from BMO

The 10 most viewed BMO ETFs shown here include ZMMK.TO, ZSP.TO, ZEQT.TO and span 7 categories. AUM among these funds goes as high as $24B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ZMMK.TO	BMO Money Market Fund ETF Series	Money Market	100	0.95%	5.70B	Nov 2021	ZBAL.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	72	12.15%	23.82B	Nov 2012	ZBAL.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	75	13.04%	789.04M	Jan 2022	ZBAL.TO vs ZEQT.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities	96	19.22%	5.16B	Oct 2009	ZBAL.TO vs ZEB.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	80	10.70%	16.67B	May 2009	ZBAL.TO vs ZCN.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	67	19.82%	3.25B	Jan 2010	ZBAL.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	74	22.76%	2.28B	Feb 2019	ZBAL.TO vs ZNQ.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	54	3.14%	6.10B	Oct 2011	ZBAL.TO vs ZLB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	21	1.70%	12.80B	Jan 2010	ZBAL.TO vs ZAG.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	85	18.56%	1.72B	Oct 2011	ZBAL.TO vs ZDV.TO

Often Compared With ZBAL.TO

Investors most often compare ZBAL.TO with XBAL.TO, ZGRO.TO, VBAL.TO. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
XBAL.TO	iShares Core Balanced ETF Portfolio	Diversified Portfolio	61	7.81%	3.20B	Jun 2007	ZBAL.TO vs XBAL.TO
ZGRO.TO	BMO Growth ETF	Large Cap Growth Equities	73	10.53%	740.00M	Feb 2019	ZBAL.TO vs ZGRO.TO
VBAL.TO	Vanguard Balanced ETF Portfolio	Diversified Portfolio	68	8.13%	5.44B	Jan 2018	ZBAL.TO vs VBAL.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	Dividend	98	20.59%	7.99B	Nov 2012	ZBAL.TO vs VDY.TO
VGRO.TO	Vanguard Growth ETF Portfolio	Diversified Portfolio	76	10.34%	10.14B	Jan 2018	ZBAL.TO vs VGRO.TO
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	Canada Equities	98	22.21%	4.02B	Apr 2011	ZBAL.TO vs XEI.TO
VRIF.TO	Vanguard Retirement Income ETF Portfolio	Diversified Portfolio	66	4.88%	357.83M	Sep 2020	ZBAL.TO vs VRIF.TO
TGRO.TO	TD Growth ETF Portfolio	Diversified Portfolio	77	9.93%	—	Aug 2020	ZBAL.TO vs TGRO.TO
FBAL.NEO	Fidelity All-in-One Balanced ETF	Diversified Portfolio	63	6.89%	8.37B	Jan 2021	ZBAL.TO vs FBAL.NEO
ZCON.TO	BMO Conservative ETF	Diversified Portfolio	67	5.73%	101.45M	Feb 2019	ZBAL.TO vs ZCON.TO
ZMI.TO	BMO Monthly Income ETF	Diversified Portfolio	67	9.05%	234.41M	Jan 2011	ZBAL.TO vs ZMI.TO
HBAL.TO	Global X Balanced Asset Allocation ETF	Diversified Portfolio	77	8.04%	178.67M	Aug 2018	ZBAL.TO vs HBAL.TO
FGRO.NEO	Fidelity All-in-One Growth ETF	Diversified Portfolio	65	8.81%	4.36B	Jan 2021	ZBAL.TO vs FGRO.NEO
VFV.TO	Vanguard S&P 500 Index ETF	S&P 500	74	12.30%	32.85B	Nov 2012	ZBAL.TO vs VFV.TO
VCNS.TO	Vanguard Conservative ETF Portfolio	Diversified Portfolio	56	5.71%	893.34M	Jan 2018	ZBAL.TO vs VCNS.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	Dividend, Large Cap Value Equities	98	19.17%	5.25B	Jun 2017	ZBAL.TO vs XDIV.TO
XEQT.TO	iShares Core Equity ETF Portfolio	Global Equities	75	12.29%	18.41B	Aug 2019	ZBAL.TO vs XEQT.TO
ZWU.TO	BMO Covered Call Utilities ETF	Utilities Equities, Derivative Income	58	10.15%	2.17B	Oct 2011	ZBAL.TO vs ZWU.TO
HDIV.TO	Hamilton Enhanced Canadian Covered Call ETF	Derivative Income	92	16.21%	1.63B	Jul 2021	ZBAL.TO vs HDIV.TO
ZIN.TO	BMO Equal Weight Industrials Index ETF	Industrials Equities	88	22.77%	55.87M	Nov 2012	ZBAL.TO vs ZIN.TO

Compare ZBAL.TO with Any Fund or Stock

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

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Pair ZBAL.TO with funds that move differently

BMO Balanced ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ZBAL.TO.

Explore ZBAL.TO Diversifiers

BMO Balanced ETF (ZBAL.TO) Alternatives