BMO Discount Bond (ZDB.TO) Alternatives

BMO Discount Bond (ZDB.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 ZDB.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 ZDB.TO

ZDB.TO charges 0.10% annually. Among ETFs in the Canadian Government Bonds category, these options have the lowest expense ratios among ZDB.TO alternatives.

Symbol	Name	Expense Ratio	Inception
TDB.TO	TD Canadian Aggregate Bond Index ETF	0.08%	Mar 22, 2016	ZDB.TO vs TDB.TO
VAB.TO	Vanguard Canadian Aggregate Bond Index ETF	0.09%	Nov 30, 2011	ZDB.TO vs VAB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	0.09%	Jan 19, 2010	ZDB.TO vs ZAG.TO
ZSB.TO	BMO Short-Term Bond Index ETF	0.10%	Mar 1, 2018	ZDB.TO vs ZSB.TO
XSB.TO	iShares Core Canadian Short Term Bond Index ETF	0.10%	Nov 20, 2000	ZDB.TO vs XSB.TO

Best Risk-Adjusted Alternatives to ZDB.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	ZDB.TO vs CBIL.TO
TCSH.TO	TD Cash Management ETF	99	Feb 15, 2024	ZDB.TO vs TCSH.TO
XFR.TO	iShares Floating Rate Index ETF	98	Dec 6, 2011	ZDB.TO vs XFR.TO
ZBI.TO	BMO Canadian Bank Income Index ETF	94	Feb 7, 2022	ZDB.TO vs ZBI.TO
XSH.TO	iShares Core Canadian Short Term Corporate Bond In...	84	Sep 13, 2011	ZDB.TO vs XSH.TO

Top Performing ZDB.TO Alternatives (YTD)

ZDB.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	ZDB.TO vs XFLB.TO
TCLB.TO	TD Canadian Long Term Federal Bond ETF	0.65%	Nov 19, 2019	ZDB.TO vs TCLB.TO
ZST.TO	BMO Ultra Short-Term Bond ETF	0.59%	Jan 27, 2011	ZDB.TO vs ZST.TO
XFR.TO	iShares Floating Rate Index ETF	0.56%	Dec 6, 2011	ZDB.TO vs XFR.TO
ZBI.TO	BMO Canadian Bank Income Index ETF	0.55%	Feb 7, 2022	ZDB.TO vs ZBI.TO

Lowest Volatility Alternatives to ZDB.TO

ZDB.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	ZDB.TO vs CBIL.TO
TCSH.TO	TD Cash Management ETF	0.46%	Feb 15, 2024	ZDB.TO vs TCSH.TO
XFR.TO	iShares Floating Rate Index ETF	0.79%	Dec 6, 2011	ZDB.TO vs XFR.TO
ZST.TO	BMO Ultra Short-Term Bond ETF	1.09%	Jan 27, 2011	ZDB.TO vs ZST.TO
XSTB.TO	iShares ESG Aware Canadian Short Term Bond Index E...	1.79%	Mar 18, 2019	ZDB.TO vs XSTB.TO

Lowest Drawdown Alternatives to ZDB.TO

ZDB.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	ZDB.TO vs TCSH.TO
CBIL.TO	Global X 0-3 Month T-Bill ETF	-0.15%	Apr 12, 2023	ZDB.TO vs CBIL.TO
XFR.TO	iShares Floating Rate Index ETF	-0.30%	Dec 6, 2011	ZDB.TO vs XFR.TO
ZST.TO	BMO Ultra Short-Term Bond ETF	-1.01%	Jan 27, 2011	ZDB.TO vs ZST.TO
ZBI.TO	BMO Canadian Bank Income Index ETF	-1.25%	Feb 7, 2022	ZDB.TO vs ZBI.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	ZDB.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	47	-3.17%	Nov 14, 2012	ZDB.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	75	0.41%	Jan 24, 2022	ZDB.TO vs ZEQT.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	94	3.87%	May 29, 2009	ZDB.TO vs ZCN.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities	98	1.92%	Oct 19, 2009	ZDB.TO vs ZEB.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Large Cap Growth Equities	62	-6.55%	Jan 19, 2010	ZDB.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Large Cap Blend Equities	54	-4.69%	Feb 11, 2019	ZDB.TO vs ZNQ.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	82	1.42%	Oct 21, 2011	ZDB.TO vs ZLB.TO
ZUQ.TO	BMO MSCI USA High Quality Index ETF	Large Cap Blend Equities	26	-2.48%	Nov 4, 2014	ZDB.TO vs ZUQ.TO
ZEA.TO	BMO MSCI EAFE Index ETF	Global Equities	65	2.60%	Feb 10, 2014	ZDB.TO vs ZEA.TO

Often Compared With ZDB.TO

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

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
XSAB.TO	iShares ESG Aware Canadian Aggregate Bond Index ET...	Canadian Government Bonds	14	0.04%	Mar 18, 2019	ZDB.TO vs XSAB.TO
XDV.TO	iShares Canadian Select Dividend Index ETF	Canada Equities	97	6.02%	Dec 19, 2005	ZDB.TO vs XDV.TO
HSAV.TO	Global X Cash Maximizer Corporate Class ETF	Bank Loan	96	1.13%	Feb 5, 2020	ZDB.TO vs HSAV.TO
PSA.TO	Purpose High Interest Savings Fund	Money Market	100	0.50%	Oct 15, 2013	ZDB.TO vs PSA.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	Dividend	97	9.07%	Nov 2, 2012	ZDB.TO vs VDY.TO
ZCS.TO	BMO Short Corporate Bond Index ETF	Canadian Government Bonds	82	0.15%	Oct 20, 2009	ZDB.TO vs ZCS.TO
XBB.TO	iShares Core Canadian Universe Bond Index ETF	Canadian Government Bonds	16	0.06%	Nov 20, 2000	ZDB.TO vs XBB.TO
ZFL.TO	BMO Long Federal Bond	Canadian Government Bonds	3	0.34%	May 19, 2010	ZDB.TO vs ZFL.TO
GPC	Genuine Parts Company		30	-13.21%	—	ZDB.TO vs GPC
CLF.TO	iShares 1-5 Year Laddered Government Bond Index ET...	Canadian Government Bonds	48	0.22%	Jan 31, 2008	ZDB.TO vs CLF.TO
VSB.TO	Vanguard Canadian Short Term Bond	Canadian Government Bonds	67	0.24%	Nov 30, 2011	ZDB.TO vs VSB.TO
XGB.TO	iShares Core Canadian Government Bond Index ETF	Canadian Government Bonds	12	0.20%	Nov 6, 2006	ZDB.TO vs XGB.TO
XLB.TO	iShares Core Canadian Long Term Bond Index ETF	Canadian Government Bonds	6	-0.36%	Nov 6, 2006	ZDB.TO vs XLB.TO
CLG.TO	iShares 1-10 Year Laddered Government Bond Index E...	Canadian Government Bonds	28	0.35%	Oct 20, 2011	ZDB.TO vs CLG.TO
CORE.TO	PIMCO Canadian Core Bond Fund	Canadian Government Bonds	20	0.15%	Jan 20, 2011	ZDB.TO vs CORE.TO

Compare ZDB.TO with Any Fund or Stock

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

Symbol name

BMO Discount Bond

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