BMO Canadian Bank Income Index ETF (ZBI.TO) Alternatives

BMO Canadian Bank Income Index ETF (ZBI.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 ZBI.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.

Cheapest Alternatives to ZBI.TO

ZBI.TO charges 0.28% annually. Among ETFs in the Canadian Government Bonds category, these options have the lowest expense ratios among ZBI.TO alternatives.

Symbol	Name	Expense Ratio	Inception
TDB.TO	TD Canadian Aggregate Bond Index ETF	0.08%	Mar 22, 2016	ZBI.TO vs TDB.TO
VAB.TO	Vanguard Canadian Aggregate Bond Index ETF	0.09%	Nov 30, 2011	ZBI.TO vs VAB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	0.09%	Jan 19, 2010	ZBI.TO vs ZAG.TO
ZDB.TO	BMO Discount Bond	0.10%	Feb 10, 2014	ZBI.TO vs ZDB.TO
ZSB.TO	BMO Short-Term Bond Index ETF	0.10%	Mar 1, 2018	ZBI.TO vs ZSB.TO

Best Risk-Adjusted Alternatives to ZBI.TO

Among ETFs in the Canadian Government Bonds category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.

Symbol	Name	Risk / Return Rank	Inception
CBIL.TO	Global X 0-3 Month T-Bill ETF	99	Apr 12, 2023	ZBI.TO vs CBIL.TO
TCSH.TO	TD Cash Management ETF	99	Feb 15, 2024	ZBI.TO vs TCSH.TO
XFR.TO	iShares Floating Rate Index ETF	98	Dec 6, 2011	ZBI.TO vs XFR.TO
XSH.TO	iShares Core Canadian Short Term Corporate Bond In...	84	Sep 13, 2011	ZBI.TO vs XSH.TO
XSHG.TO	iShares ESG Advanced 1-5 Year Canadian Corporate B...	83	Aug 6, 2021	ZBI.TO vs XSHG.TO

Top Performing ZBI.TO Alternatives (YTD)

ZBI.TO alternatives from the Canadian Government Bonds category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
XFLB.TO	iShares Core Canadian 15+ Year Federal Bond Index ...	0.68%	Feb 7, 2023	ZBI.TO vs XFLB.TO
TCLB.TO	TD Canadian Long Term Federal Bond ETF	0.65%	Nov 19, 2019	ZBI.TO vs TCLB.TO
ZST.TO	BMO Ultra Short-Term Bond ETF	0.59%	Jan 27, 2011	ZBI.TO vs ZST.TO
XFR.TO	iShares Floating Rate Index ETF	0.56%	Dec 6, 2011	ZBI.TO vs XFR.TO
TCSH.TO	TD Cash Management ETF	0.37%	Feb 15, 2024	ZBI.TO vs TCSH.TO

Lowest Volatility Alternatives to ZBI.TO

ZBI.TO alternatives from the Canadian Government Bonds category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
CBIL.TO	Global X 0-3 Month T-Bill ETF	0.28%	Apr 12, 2023	ZBI.TO vs CBIL.TO
TCSH.TO	TD Cash Management ETF	0.46%	Feb 15, 2024	ZBI.TO vs TCSH.TO
XFR.TO	iShares Floating Rate Index ETF	0.79%	Dec 6, 2011	ZBI.TO vs XFR.TO
ZST.TO	BMO Ultra Short-Term Bond ETF	1.09%	Jan 27, 2011	ZBI.TO vs ZST.TO
XSTB.TO	iShares ESG Aware Canadian Short Term Bond Index E...	1.79%	Mar 18, 2019	ZBI.TO vs XSTB.TO

Lowest Drawdown Alternatives to ZBI.TO

ZBI.TO alternatives from the Canadian Government Bonds category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
TCSH.TO	TD Cash Management ETF	-0.10%	Feb 15, 2024	ZBI.TO vs TCSH.TO
CBIL.TO	Global X 0-3 Month T-Bill ETF	-0.15%	Apr 12, 2023	ZBI.TO vs CBIL.TO
XFR.TO	iShares Floating Rate Index ETF	-0.30%	Dec 6, 2011	ZBI.TO vs XFR.TO
ZST.TO	BMO Ultra Short-Term Bond ETF	-1.01%	Jan 27, 2011	ZBI.TO vs ZST.TO
CLF.TO	iShares 1-5 Year Laddered Government Bond Index ET...	-1.35%	Jan 31, 2008	ZBI.TO vs CLF.TO

Other ETFs from BMO

Most popular BMO ETFs on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
ZMMK.TO	BMO Money Market Fund ETF Series	Money Market	100	0.57%	Nov 28, 2021	ZBI.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	47	-3.17%	Nov 14, 2012	ZBI.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	75	0.41%	Jan 24, 2022	ZBI.TO vs ZEQT.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	94	3.87%	May 29, 2009	ZBI.TO vs ZCN.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities	98	1.92%	Oct 19, 2009	ZBI.TO vs ZEB.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Large Cap Growth Equities	62	-6.55%	Jan 19, 2010	ZBI.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Large Cap Blend Equities	54	-4.69%	Feb 11, 2019	ZBI.TO vs ZNQ.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	82	1.42%	Oct 21, 2011	ZBI.TO vs ZLB.TO
ZUQ.TO	BMO MSCI USA High Quality Index ETF	Large Cap Blend Equities	26	-2.48%	Nov 4, 2014	ZBI.TO vs ZUQ.TO
ZEA.TO	BMO MSCI EAFE Index ETF	Global Equities	65	2.60%	Feb 10, 2014	ZBI.TO vs ZEA.TO

Often Compared With ZBI.TO

What investors most often compare with ZBI.TO, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
GCNS.TO	iShares ESG Conservative Balanced ETF Portfolio	Diversified Portfolio	39	-2.08%	Sep 2, 2020	ZBI.TO vs GCNS.TO
CMR.TO	iShares Premium Money Market ETF	Money Market	100	0.58%	Feb 19, 2008	ZBI.TO vs CMR.TO
XFN.TO	iShares S&P/TSX Capped Financials Index ETF	Financials Equities	95	-2.14%	Mar 23, 2001	ZBI.TO vs XFN.TO
ZBBB.TO	BMO BBB Corporate Bond Index ETF	Corporate Bonds	62	0.10%	Jan 28, 2020	ZBI.TO vs ZBBB.TO
CEW.TO	iShares Equal Weight Banc & Lifeco ETF	Financials Equities	94	-0.53%	Feb 6, 2008	ZBI.TO vs CEW.TO
XHY.TO	iShares U.S. High Yield Bond Index ETF (CAD-Hedged...	High Yield Bonds	46	-0.37%	Jan 21, 2010	ZBI.TO vs XHY.TO
XSB.TO	iShares Core Canadian Short Term Bond Index ETF	Canadian Government Bonds	68	0.25%	Nov 20, 2000	ZBI.TO vs XSB.TO
ZFL.TO	BMO Long Federal Bond	Canadian Government Bonds	3	0.34%	May 19, 2010	ZBI.TO vs ZFL.TO
ZCS.TO	BMO Short Corporate Bond Index ETF	Canadian Government Bonds	82	0.15%	Oct 20, 2009	ZBI.TO vs ZCS.TO
VSB.TO	Vanguard Canadian Short Term Bond	Canadian Government Bonds	67	0.24%	Nov 30, 2011	ZBI.TO vs VSB.TO
XBB.TO	iShares Core Canadian Universe Bond Index ETF	Canadian Government Bonds	16	0.06%	Nov 20, 2000	ZBI.TO vs XBB.TO
XGB.TO	iShares Core Canadian Government Bond Index ETF	Canadian Government Bonds	12	0.20%	Nov 6, 2006	ZBI.TO vs XGB.TO
XSAB.TO	iShares ESG Aware Canadian Aggregate Bond Index ET...	Canadian Government Bonds	14	0.04%	Mar 18, 2019	ZBI.TO vs XSAB.TO
CLG.TO	iShares 1-10 Year Laddered Government Bond Index E...	Canadian Government Bonds	28	0.35%	Oct 20, 2011	ZBI.TO vs CLG.TO
CORE.TO	PIMCO Canadian Core Bond Fund	Canadian Government Bonds	20	0.15%	Jan 20, 2011	ZBI.TO vs CORE.TO
VEMY	Virtus Stone Harbor Emerging Markets High Yield Bo...	Emerging Markets Bonds	86	0.75%	Dec 12, 2022	ZBI.TO vs VEMY
XLB.TO	iShares Core Canadian Long Term Bond Index ETF	Canadian Government Bonds	6	-0.36%	Nov 6, 2006	ZBI.TO vs XLB.TO
XQB.TO	iShares High Quality Canadian Bond Index ETF	Canadian Government Bonds	20	0.11%	Nov 19, 2009	ZBI.TO vs XQB.TO

Compare ZBI.TO with Any Fund or Stock

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

Symbol name

BMO Canadian Bank Income Index ETF

Symbol name