ZRR.TO Alternatives & Similar ETFs

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

Cheapest Alternatives to ZRR.TO

ZRR.TO charges 0.28% annually. There are 4 ETFs in the Inflation-Protected Bonds category with lower expense ratios, going as low as 0.15%.

Symbol	Name	Expense Ratio	AUM	Inception
QTIP.NEO	Mackenzie US TIPS Index ETF (CAD-Hedged)	0.15%	293.47M	Jan 2018	ZRR.TO vs QTIP.NEO
XSTH.TO	iShares 0-5 Year TIPS Bond Index ETF (CAD-Hedged)	0.16%	—	Jul 2021	ZRR.TO vs XSTH.TO
XSTP.TO	iShares 0-5 Year TIPS Bond Index ETF	0.16%	—	Jul 2021	ZRR.TO vs XSTP.TO
ZTIP.TO	BMO Short-Term US TIPS Index ETF	0.17%	—	Jan 2021	ZRR.TO vs ZTIP.TO
XRB.TO	iShares Canadian Real Return Bond Index ETF	0.39%	268.93M	Dec 2005	ZRR.TO vs XRB.TO

Best Risk-Adjusted Alternatives to ZRR.TO

ZRR.TO has a PortfoliosLab risk / return rank of 18. There are 4 ETFs in the Inflation-Protected Bonds category with higher risk-adjusted ranks, going as high as 39.

Symbol	Name	Risk / Return Rank	AUM	Inception
XSTH.TO	iShares 0-5 Year TIPS Bond Index ETF (CAD-Hedged)	39	—	Jul 2021	ZRR.TO vs XSTH.TO
ZTIP.TO	BMO Short-Term US TIPS Index ETF	36	—	Jan 2021	ZRR.TO vs ZTIP.TO
XSTP.TO	iShares 0-5 Year TIPS Bond Index ETF	28	—	Jul 2021	ZRR.TO vs XSTP.TO
QTIP.NEO	Mackenzie US TIPS Index ETF (CAD-Hedged)	25	293.47M	Jan 2018	ZRR.TO vs QTIP.NEO
XRB.TO	iShares Canadian Real Return Bond Index ETF	16	268.93M	Dec 2005	ZRR.TO vs XRB.TO

Top Performing ZRR.TO Alternatives (YTD)

ZRR.TO is at 4.25% YTD. No ETFs in the Inflation-Protected Bonds category have higher YTD returns; the top-performing alternatives shown here go as high as 3.35%.

Symbol	Name	YTD Return	AUM	Inception
XSTP.TO	iShares 0-5 Year TIPS Bond Index ETF	3.35%	—	Jul 2021	ZRR.TO vs XSTP.TO
ZTIP.TO	BMO Short-Term US TIPS Index ETF	3.34%	—	Jan 2021	ZRR.TO vs ZTIP.TO
XRB.TO	iShares Canadian Real Return Bond Index ETF	2.56%	268.93M	Dec 2005	ZRR.TO vs XRB.TO
XSTH.TO	iShares 0-5 Year TIPS Bond Index ETF (CAD-Hedged)	1.24%	—	Jul 2021	ZRR.TO vs XSTH.TO
QTIP.NEO	Mackenzie US TIPS Index ETF (CAD-Hedged)	0.87%	293.47M	Jan 2018	ZRR.TO vs QTIP.NEO

Lowest Volatility Alternatives to ZRR.TO

ZRR.TO has 6.55% 1-year volatility. There are 4 ETFs in the Inflation-Protected Bonds category with lower 1-year volatility, going as low as 2.18%.

Symbol	Name	Volatility 1Y	AUM	Inception
XSTH.TO	iShares 0-5 Year TIPS Bond Index ETF (CAD-Hedged)	2.18%	—	Jul 2021	ZRR.TO vs XSTH.TO
QTIP.NEO	Mackenzie US TIPS Index ETF (CAD-Hedged)	3.56%	293.47M	Jan 2018	ZRR.TO vs QTIP.NEO
ZTIP.TO	BMO Short-Term US TIPS Index ETF	4.67%	—	Jan 2021	ZRR.TO vs ZTIP.TO
XSTP.TO	iShares 0-5 Year TIPS Bond Index ETF	4.91%	—	Jul 2021	ZRR.TO vs XSTP.TO
XRB.TO	iShares Canadian Real Return Bond Index ETF	6.85%	268.93M	Dec 2005	ZRR.TO vs XRB.TO

Lowest Drawdown Alternatives to ZRR.TO

ZRR.TO has a 1-year max drawdown of -4.00%. There are 4 ETFs in the Inflation-Protected Bonds category with shallower 1-year drawdowns, going as shallow as -1.49%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
XSTH.TO	iShares 0-5 Year TIPS Bond Index ETF (CAD-Hedged)	-1.49%	—	Jul 2021	ZRR.TO vs XSTH.TO
QTIP.NEO	Mackenzie US TIPS Index ETF (CAD-Hedged)	-2.02%	293.47M	Jan 2018	ZRR.TO vs QTIP.NEO
XRB.TO	iShares Canadian Real Return Bond Index ETF	-3.55%	268.93M	Dec 2005	ZRR.TO vs XRB.TO
ZTIP.TO	BMO Short-Term US TIPS Index ETF	-3.78%	—	Jan 2021	ZRR.TO vs ZTIP.TO
XSTP.TO	iShares 0-5 Year TIPS Bond Index ETF	-4.76%	—	Jul 2021	ZRR.TO vs XSTP.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.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ZMMK.TO	BMO Money Market Fund ETF Series	Money Market	100	0.95%	5.70B	Nov 2021	ZRR.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	72	12.15%	23.82B	Nov 2012	ZRR.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	75	13.04%	789.04M	Jan 2022	ZRR.TO vs ZEQT.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities	96	19.22%	5.16B	Oct 2009	ZRR.TO vs ZEB.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	80	10.70%	16.67B	May 2009	ZRR.TO vs ZCN.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	67	19.82%	3.25B	Jan 2010	ZRR.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	74	22.76%	2.28B	Feb 2019	ZRR.TO vs ZNQ.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	54	3.14%	6.10B	Oct 2011	ZRR.TO vs ZLB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	21	1.70%	12.80B	Jan 2010	ZRR.TO vs ZAG.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	85	18.56%	1.72B	Oct 2011	ZRR.TO vs ZDV.TO

Often Compared With ZRR.TO

Investors most often compare ZRR.TO with ZUQ.TO, CPD.TO, ZFH.TO. These 4 comparison targets span 4 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ZUQ.TO	BMO MSCI USA High Quality Index ETF	Large Cap Blend Equities	41	9.39%	1.24B	Nov 2014	ZRR.TO vs ZUQ.TO
CPD.TO	iShares S&P/TSX Canadian Preferred Share Index ETF	Preferred Stock/Convertible Bonds	93	3.57%	1.07B	Apr 2007	ZRR.TO vs CPD.TO
ZFH.TO	BMO Floating Rate High Yield ETF	High Yield Bonds	43	2.17%	246.14M	Feb 2014	ZRR.TO vs ZFH.TO
VGRO.TO	Vanguard Growth ETF Portfolio	Diversified Portfolio	76	10.34%	10.14B	Jan 2018	ZRR.TO vs VGRO.TO

Compare ZRR.TO with Any Fund or Stock

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

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Diversifiers

Pair ZRR.TO with funds that move differently

BMO Real Return Bond Index ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ZRR.TO.

Explore ZRR.TO Diversifiers

BMO Real Return Bond Index ETF (ZRR.TO) Alternatives