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BMO Broad Commodity ETF (CAD Units) (ZCOM.NEO) Alternatives

ETF · Currency in CAD · Last updated Jun 4, 2026

The fund seeks to replicate the performance of the Bloomberg Commodity Index Total Return by investing in derivative instruments, providing diversified exposure to energy, metals, and agricultural commodities markets.

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

Cheapest Alternatives to ZCOM.NEO

ZCOM.NEO charges 0.30% annually. No ETFs in the Commodities category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.54%.

SymbolNameExpense RatioAUMInception
HUG.TO
Global X Gold ETF0.54%55.12MJun 2009ZCOM.NEO vs HUG.TO
CCOM.TO
CI Auspice Broad Commodity Fund ETF Hedged Units0.73%—May 2023ZCOM.NEO vs CCOM.TO
HUC.TO
Global X Crude Oil ETF1.09%57.88MJun 2009ZCOM.NEO vs HUC.TO
HUN.TO
Global X Natural Gas ETF1.40%10.03MJun 2009ZCOM.NEO vs HUN.TO

Best Risk-Adjusted Alternatives to ZCOM.NEO

Among 4 ETFs in the Commodities category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 70.

SymbolNameRisk / Return RankAUMInception
CCOM.TO
CI Auspice Broad Commodity Fund ETF Hedged Units
70
—May 2023ZCOM.NEO vs CCOM.TO
HUC.TO
Global X Crude Oil ETF
44
57.88MJun 2009ZCOM.NEO vs HUC.TO
HUG.TO
Global X Gold ETF
28
55.12MJun 2009ZCOM.NEO vs HUG.TO
HUN.TO
Global X Natural Gas ETF
4
10.03MJun 2009ZCOM.NEO vs HUN.TO

Top Performing ZCOM.NEO Alternatives (YTD)

ZCOM.NEO is at 28.30% YTD. There is 1 ETF in the Commodities category with a higher YTD return, going as high as 45.00%.

SymbolNameYTD ReturnAUMInception
HUC.TO
Global X Crude Oil ETF
45.00%
57.88MJun 2009ZCOM.NEO vs HUC.TO
CCOM.TO
CI Auspice Broad Commodity Fund ETF Hedged Units
14.12%
—May 2023ZCOM.NEO vs CCOM.TO
HUG.TO
Global X Gold ETF
1.43%
55.12MJun 2009ZCOM.NEO vs HUG.TO
HUN.TO
Global X Natural Gas ETF
-4.38%
10.03MJun 2009ZCOM.NEO vs HUN.TO

Lowest Volatility Alternatives to ZCOM.NEO

ZCOM.NEO has 21.06% 1-year volatility. There is 1 ETF in the Commodities category with lower 1-year volatility, going as low as 10.02%.

SymbolNameVolatility 1YAUMInception
CCOM.TO
CI Auspice Broad Commodity Fund ETF Hedged Units10.02%—May 2023ZCOM.NEO vs CCOM.TO
HUC.TO
Global X Crude Oil ETF25.36%57.88MJun 2009ZCOM.NEO vs HUC.TO
HUG.TO
Global X Gold ETF26.49%55.12MJun 2009ZCOM.NEO vs HUG.TO
HUN.TO
Global X Natural Gas ETF30.45%10.03MJun 2009ZCOM.NEO vs HUN.TO

Lowest Drawdown Alternatives to ZCOM.NEO

Among 4 ETFs in the Commodities category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -4.45%.

SymbolNameMax Drawdown 1YAUMInception
CCOM.TO
CI Auspice Broad Commodity Fund ETF Hedged Units
-4.45%
—May 2023ZCOM.NEO vs CCOM.TO
HUC.TO
Global X Crude Oil ETF
-16.20%
57.88MJun 2009ZCOM.NEO vs HUC.TO
HUG.TO
Global X Gold ETF
-19.27%
55.12MJun 2009ZCOM.NEO vs HUG.TO
HUN.TO
Global X Natural Gas ETF
-25.56%
10.03MJun 2009ZCOM.NEO vs HUN.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.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
ZMMK.TO
BMO Money Market Fund ETF SeriesMoney Market
100
0.95%
5.70BNov 2021ZCOM.NEO vs ZMMK.TO
ZSP.TO
BMO S&P 500 Index ETFS&P 500
72
12.15%
23.82BNov 2012ZCOM.NEO vs ZSP.TO
ZEQT.TO
BMO All-Equity ETFGlobal Equities
75
13.04%
789.04MJan 2022ZCOM.NEO vs ZEQT.TO
ZEB.TO
BMO Equal Weight Banks Index ETFFinancials Equities
96
19.22%
5.16BOct 2009ZCOM.NEO vs ZEB.TO
ZCN.TO
BMO S&P/TSX Capped Composite Index ETFCanada Equities
80
10.70%
16.67BMay 2009ZCOM.NEO vs ZCN.TO
ZQQ.TO
BMO NASDAQ 100 Equity (CAD Hedged)Nasdaq-100
67
19.82%
3.25BJan 2010ZCOM.NEO vs ZQQ.TO
ZNQ.TO
BMO NASDAQ 100 Equity Index ETFNasdaq-100
74
22.76%
2.28BFeb 2019ZCOM.NEO vs ZNQ.TO
ZLB.TO
BMO Low Volatility Canadian Equity ETFCanada Equities
54
3.14%
6.10BOct 2011ZCOM.NEO vs ZLB.TO
ZAG.TO
BMO Aggregate Bond Index ETFCanadian Government Bonds
21
1.70%
12.80BJan 2010ZCOM.NEO vs ZAG.TO
ZDV.TO
BMO Canadian Dividend ETFCanada Equities
85
18.56%
1.72BOct 2011ZCOM.NEO vs ZDV.TO

Often Compared With ZCOM.NEO

Investors most often compare ZCOM.NEO with ZUQ.TO. These 1 comparison targets span 1 categories, based on PortfoliosLab usage data.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
ZUQ.TO
BMO MSCI USA High Quality Index ETFLarge Cap Blend Equities
41
9.39%
1.24BNov 2014ZCOM.NEO vs ZUQ.TO

Compare ZCOM.NEO with Any Fund or Stock

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

 

Diversifiers

Pair ZCOM.NEO with funds that move differently

BMO Broad Commodity ETF (CAD Units) alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ZCOM.NEO.

Explore ZCOM.NEO Diversifiers