ZMU.TO Alternatives & Similar ETFs

BMO Mid-Term US IG Corporate Bond Hedged to CAD Index ETF (ZMU.TO) belongs to the Corporate Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with ZMU.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to ZMU.TO

Among 16 ETFs in the Corporate Bonds category with expense-ratio data, the lowest-cost alternatives shown here go as low as 0.09%.

Symbol	Name	Expense Ratio	AUM	Inception
VAB.TO	Vanguard Canadian Aggregate Bond Index ETF	0.09%	7.36B	Nov 2011	ZMU.TO vs VAB.TO
XIGS.TO	iShares 1-5 Year U.S. IG Corporate Bond Index ETF ...	0.16%	—	Jul 2021	ZMU.TO vs XIGS.TO
XCB.TO	iShares Core Canadian Corporate Bond Index ETF	0.17%	3.35B	Nov 2006	ZMU.TO vs XCB.TO
VCB.TO	Vanguard Canadian Corporate Bond Index ETF	0.17%	802.07M	Jan 2017	ZMU.TO vs VCB.TO
ZCB.TO	BMO Corporate Bond Index ETF	0.17%	1.97B	Mar 2018	ZMU.TO vs ZCB.TO

Best Risk-Adjusted Alternatives to ZMU.TO

ZMU.TO has a PortfoliosLab risk / return rank of 17. There are 19 ETFs in the Corporate Bonds category with higher risk-adjusted ranks, going as high as 58.

Symbol	Name	Risk / Return Rank	AUM	Inception
ZQB.TO	BMO High Quality Corporate Bond Index ETF	58	—	Jan 2020	ZMU.TO vs ZQB.TO
ZBBB.TO	BMO BBB Corporate Bond Index ETF	55	20.89M	Jan 2020	ZMU.TO vs ZBBB.TO
XHB.TO	iShares Canadian HYBrid Corporate Bond Index ETF	52	229.54M	Sep 2010	ZMU.TO vs XHB.TO
ZIC.TO	BMO Mid-Term US Investment Grade Corporate Bond In...	52	3.81B	Mar 2013	ZMU.TO vs ZIC.TO
FCSB.NEO	Fidelity Canadian Short Term Corporate Bond ETF	51	—	Sep 2019	ZMU.TO vs FCSB.NEO

Top Performing ZMU.TO Alternatives (YTD)

ZMU.TO is at -0.41% YTD. There are 20 ETFs in the Corporate Bonds category with higher YTD returns, going as high as 4.15%.

Symbol	Name	YTD Return	AUM	Inception
ZIC.TO	BMO Mid-Term US Investment Grade Corporate Bond In...	4.15%	3.81B	Mar 2013	ZMU.TO vs ZIC.TO
ZCM.TO	BMO Mid Corporate Bond Index ETF	2.52%	1.47B	Jan 2010	ZMU.TO vs ZCM.TO
XHB.TO	iShares Canadian HYBrid Corporate Bond Index ETF	2.51%	229.54M	Sep 2010	ZMU.TO vs XHB.TO
FLCI.TO	Franklin Canadian Corporate Bond Fund ETF	2.41%	144.02M	May 2017	ZMU.TO vs FLCI.TO
DCBC.TO	Desjardins Canadian Corporate Bond Index ETF	2.37%	—	Apr 2024	ZMU.TO vs DCBC.TO

Lowest Volatility Alternatives to ZMU.TO

ZMU.TO has 4.70% 1-year volatility. There are 17 ETFs in the Corporate Bonds category with lower 1-year volatility, going as low as 2.21%.

Symbol	Name	Volatility 1Y	AUM	Inception
ZQB.TO	BMO High Quality Corporate Bond Index ETF	2.21%	—	Jan 2020	ZMU.TO vs ZQB.TO
XIGS.TO	iShares 1-5 Year U.S. IG Corporate Bond Index ETF ...	2.24%	—	Jul 2021	ZMU.TO vs XIGS.TO
FCSB.NEO	Fidelity Canadian Short Term Corporate Bond ETF	2.78%	—	Sep 2019	ZMU.TO vs FCSB.NEO
XCBG.TO	iShares ESG Advanced Canadian Corporate Bond Index...	3.02%	—	Aug 2021	ZMU.TO vs XCBG.TO
CBH.TO	iShares 1-10 Year Laddered Corporate Bond Index ET...	3.12%	532.99M	Oct 2011	ZMU.TO vs CBH.TO

Lowest Drawdown Alternatives to ZMU.TO

ZMU.TO has a 1-year max drawdown of -3.11%. There are 18 ETFs in the Corporate Bonds category with shallower 1-year drawdowns, going as shallow as -1.58%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
FCSB.NEO	Fidelity Canadian Short Term Corporate Bond ETF	-1.58%	—	Sep 2019	ZMU.TO vs FCSB.NEO
XIGS.TO	iShares 1-5 Year U.S. IG Corporate Bond Index ETF ...	-1.60%	—	Jul 2021	ZMU.TO vs XIGS.TO
ZQB.TO	BMO High Quality Corporate Bond Index ETF	-1.79%	—	Jan 2020	ZMU.TO vs ZQB.TO
ZBBB.TO	BMO BBB Corporate Bond Index ETF	-1.97%	20.89M	Jan 2020	ZMU.TO vs ZBBB.TO
XCBG.TO	iShares ESG Advanced Canadian Corporate Bond Index...	-2.03%	—	Aug 2021	ZMU.TO vs XCBG.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	1.17%	5.76B	Nov 2021	ZMU.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	79	13.62%	23.98B	Nov 2012	ZMU.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	83	14.64%	852.71M	Jan 2022	ZMU.TO vs ZEQT.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities, Equal Weight	98	32.05%	6.36B	Oct 2009	ZMU.TO vs ZEB.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	86	11.09%	17.03B	May 2009	ZMU.TO vs ZCN.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	43	18.49%	3.09B	Jan 2010	ZMU.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	76	23.99%	2.30B	Feb 2019	ZMU.TO vs ZNQ.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	48	7.13%	6.32B	Oct 2011	ZMU.TO vs ZLB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	22	2.13%	13.01B	Jan 2010	ZMU.TO vs ZAG.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	97	19.50%	1.83B	Oct 2011	ZMU.TO vs ZDV.TO

Compare ZMU.TO with Any Fund or Stock

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

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Diversifiers

Pair ZMU.TO with funds that move differently

BMO Mid-Term US IG Corporate Bond Hedged to CAD Index ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ZMU.TO.

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BMO Mid-Term US IG Corporate Bond Hedged to CAD Index ETF (ZMU.TO) Alternatives