ZBI.TO Alternatives & Similar ETFs

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 a closer substitute for your current allocation.

Cheapest Alternatives to ZBI.TO

ZBI.TO charges 0.28% annually. There are 27 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%	3.92B	Mar 2016	ZBI.TO vs TDB.TO
VAB.TO	Vanguard Canadian Aggregate Bond Index ETF	0.09%	7.36B	Nov 2011	ZBI.TO vs VAB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	0.09%	12.97B	Jan 2010	ZBI.TO vs ZAG.TO
XSB.TO	iShares Core Canadian Short Term Bond Index ETF	0.10%	4.28B	Nov 2000	ZBI.TO vs XSB.TO
ZSB.TO	BMO Short-Term Bond Index ETF	0.10%	171.36M	Mar 2018	ZBI.TO vs ZSB.TO

Best Risk-Adjusted Alternatives to ZBI.TO

ZBI.TO has a PortfoliosLab risk / return rank of 78. There are 4 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	2.36B	Apr 2023	ZBI.TO vs CBIL.TO
VVSG.TO	Vanguard Canadian Ultra-Short Government Bond Inde...	99	207.91M	Sep 2024	ZBI.TO vs VVSG.TO
TCSH.TO	TD Cash Management ETF	99	—	Feb 2024	ZBI.TO vs TCSH.TO
XFR.TO	iShares Floating Rate Index ETF	98	814.44M	Dec 2011	ZBI.TO vs XFR.TO
XSHG.TO	iShares ESG Advanced 1-5 Year Canadian Corporate B...	64	—	Aug 2021	ZBI.TO vs XSHG.TO

Top Performing ZBI.TO Alternatives (YTD)

ZBI.TO is at 1.67% YTD. There are 11 ETFs in the Canadian Government Bonds category with higher YTD returns, going as high as 2.84%.

Symbol	Name	YTD Return	AUM	Inception
XFLB.TO	iShares Core Canadian 15+ Year Federal Bond Index ...	2.84%	—	Feb 2023	ZBI.TO vs XFLB.TO
CORE.TO	PIMCO Canadian Core Bond Fund	2.50%	—	Jan 2011	ZBI.TO vs CORE.TO
XLB.TO	iShares Core Canadian Long Term Bond Index ETF	2.28%	746.99M	Nov 2006	ZBI.TO vs XLB.TO
ZFL.TO	BMO Long Federal Bond	2.14%	1.30B	May 2010	ZBI.TO vs ZFL.TO
TCLB.TO	TD Canadian Long Term Federal Bond ETF	2.14%	403.15M	Nov 2019	ZBI.TO vs TCLB.TO

Lowest Volatility Alternatives to ZBI.TO

ZBI.TO has 2.08% 1-year volatility. There are 12 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%	2.36B	Apr 2023	ZBI.TO vs CBIL.TO
VVSG.TO	Vanguard Canadian Ultra-Short Government Bond Inde...	0.34%	207.91M	Sep 2024	ZBI.TO vs VVSG.TO
TCSH.TO	TD Cash Management ETF	0.45%	—	Feb 2024	ZBI.TO vs TCSH.TO
XFR.TO	iShares Floating Rate Index ETF	0.73%	814.44M	Dec 2011	ZBI.TO vs XFR.TO
ZST.TO	BMO Ultra Short-Term Bond ETF	1.08%	3.54B	Jan 2011	ZBI.TO vs ZST.TO

Lowest Drawdown Alternatives to ZBI.TO

ZBI.TO has a 1-year max drawdown of -1.21%. There are 5 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%	2.36B	Apr 2023	ZBI.TO vs CBIL.TO
XFR.TO	iShares Floating Rate Index ETF	-0.10%	814.44M	Dec 2011	ZBI.TO vs XFR.TO
TCSH.TO	TD Cash Management ETF	-0.10%	—	Feb 2024	ZBI.TO vs TCSH.TO
VVSG.TO	Vanguard Canadian Ultra-Short Government Bond Inde...	-0.14%	207.91M	Sep 2024	ZBI.TO vs VVSG.TO
ZST.TO	BMO Ultra Short-Term Bond ETF	-1.01%	3.54B	Jan 2011	ZBI.TO vs ZST.TO

Other ETFs from BMO

The 10 most viewed BMO ETFs shown here include ZMMK.TO, ZSP.TO, ZEQT.TO and span 8 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	99	1.09%	5.68B	Nov 2021	ZBI.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	72	11.86%	24.23B	Nov 2012	ZBI.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	79	13.48%	846.16M	Jan 2022	ZBI.TO vs ZEQT.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities, Equal Weight	97	30.69%	6.15B	Oct 2009	ZBI.TO vs ZEB.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	81	11.25%	16.91B	May 2009	ZBI.TO vs ZCN.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	41	14.60%	3.24B	Jan 2010	ZBI.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	67	20.44%	2.39B	Feb 2019	ZBI.TO vs ZNQ.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	45	6.82%	6.18B	Oct 2011	ZBI.TO vs ZLB.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	97	20.55%	1.83B	Oct 2011	ZBI.TO vs ZDV.TO
ZUQ.TO	BMO MSCI USA High Quality Index ETF	Large Cap Blend Equities	47	10.78%	1.30B	Nov 2014	ZBI.TO vs ZUQ.TO

Often Compared With ZBI.TO

Investors most often compare ZBI.TO with GCNS.TO, XSH.TO, ZBBB.TO. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
GCNS.TO	iShares ESG Conservative Balanced ETF Portfolio	Diversified Portfolio	49	7.11%	78.91M	Sep 2020	ZBI.TO vs GCNS.TO
XSH.TO	iShares Core Canadian Short Term Corporate Bond In...	Canadian Government Bonds	55	1.44%	2.47B	Sep 2011	ZBI.TO vs XSH.TO
ZBBB.TO	BMO BBB Corporate Bond Index ETF	Corporate Bonds	54	1.74%	20.89M	Jan 2020	ZBI.TO vs ZBBB.TO
CMR.TO	iShares Premium Money Market ETF	Money Market	100	1.11%	2.60B	Feb 2008	ZBI.TO vs CMR.TO
XFN.TO	iShares S&P/TSX Capped Financials Index ETF	Financials Equities, Canada Equities	96	21.44%	2.28B	Mar 2001	ZBI.TO vs XFN.TO
XSTB.TO	iShares ESG Aware Canadian Short Term Bond Index E...	Canadian Government Bonds	44	1.19%	142.84M	Mar 2019	ZBI.TO vs XSTB.TO
CEW.TO	iShares Equal Weight Banc & Lifeco ETF	Financials Equities, Equal Weight	97	26.79%	419.44M	Feb 2008	ZBI.TO vs CEW.TO
ZGB.TO	BMO Government Bond Index ETF	Canadian Government Bonds	19	1.55%	1.28B	Mar 2018	ZBI.TO vs ZGB.TO
XHY.TO	iShares U.S. High Yield Bond Index ETF (CAD-Hedged...	High Yield Bonds	26	0.77%	1.11B	Jan 2010	ZBI.TO vs XHY.TO
CLF.TO	iShares 1-5 Year Laddered Government Bond Index ET...	Canadian Government Bonds	38	1.11%	755.28M	Jan 2008	ZBI.TO vs CLF.TO
XBB.TO	iShares Core Canadian Universe Bond Index ETF	Intermediate Core Bond	21	1.65%	10.10B	Nov 2000	ZBI.TO vs XBB.TO
XGB.TO	iShares Core Canadian Government Bond Index ETF	Canadian Government Bonds	19	1.78%	1.67B	Nov 2006	ZBI.TO vs XGB.TO
ZCS.TO	BMO Short Corporate Bond Index ETF	Canadian Government Bonds	59	1.47%	4.77B	Oct 2009	ZBI.TO vs ZCS.TO
ZDB.TO	BMO Discount Bond	Canadian Government Bonds	20	1.60%	1.32B	Feb 2014	ZBI.TO vs ZDB.TO
CLG.TO	iShares 1-10 Year Laddered Government Bond Index E...	Canadian Government Bonds	29	1.42%	972.81M	Oct 2011	ZBI.TO vs CLG.TO
XSAB.TO	iShares ESG Aware Canadian Aggregate Bond Index ET...	Canadian Government Bonds	22	1.72%	239.22M	Mar 2019	ZBI.TO vs XSAB.TO
VSB.TO	Vanguard Canadian Short Term Bond	Canadian Government Bonds	45	1.19%	1.56B	Nov 2011	ZBI.TO vs VSB.TO
CBO.TO	iShares 1-5 Year Laddered Corporate Bond Index ETF	Canadian Government Bonds	48	1.18%	920.52M	Feb 2009	ZBI.TO vs CBO.TO
XQB.TO	iShares High Quality Canadian Bond Index ETF	Canadian Government Bonds	23	1.59%	537.89M	Nov 2009	ZBI.TO vs XQB.TO
ZPR.TO	BMO Laddered Preferred Share Index ETF	Preferred Stock/Convertible Bonds	97	6.36%	1.57B	Nov 2012	ZBI.TO vs ZPR.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

Diversifiers

Pair ZBI.TO with funds that move differently

BMO Canadian Bank Income Index ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ZBI.TO.

Explore ZBI.TO Diversifiers

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