ZSB.TO Alternatives & Similar ETFs

BMO Short-Term Bond Index ETF (ZSB.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 ZSB.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to ZSB.TO

ZSB.TO charges 0.10% annually. There are 3 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	ZSB.TO vs TDB.TO
VAB.TO	Vanguard Canadian Aggregate Bond Index ETF	0.09%	7.36B	Nov 2011	ZSB.TO vs VAB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	0.09%	12.97B	Jan 2010	ZSB.TO vs ZAG.TO
XSH.TO	iShares Core Canadian Short Term Corporate Bond In...	0.10%	2.47B	Sep 2011	ZSB.TO vs XSH.TO
XSB.TO	iShares Core Canadian Short Term Bond Index ETF	0.10%	4.28B	Nov 2000	ZSB.TO vs XSB.TO

Best Risk-Adjusted Alternatives to ZSB.TO

ZSB.TO has a PortfoliosLab risk / return rank of 51. There are 9 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	ZSB.TO vs CBIL.TO
VVSG.TO	Vanguard Canadian Ultra-Short Government Bond Inde...	99	207.91M	Sep 2024	ZSB.TO vs VVSG.TO
TCSH.TO	TD Cash Management ETF	99	—	Feb 2024	ZSB.TO vs TCSH.TO
XFR.TO	iShares Floating Rate Index ETF	98	814.44M	Dec 2011	ZSB.TO vs XFR.TO
ZBI.TO	BMO Canadian Bank Income Index ETF	81	—	Feb 2022	ZSB.TO vs ZBI.TO

Top Performing ZSB.TO Alternatives (YTD)

ZSB.TO is at 1.39% YTD. There are 19 ETFs in the Canadian Government Bonds category with higher YTD returns, going as high as 3.40%.

Symbol	Name	YTD Return	AUM	Inception
ZFL.TO	BMO Long Federal Bond	3.40%	1.30B	May 2010	ZSB.TO vs ZFL.TO
XLB.TO	iShares Core Canadian Long Term Bond Index ETF	3.15%	746.99M	Nov 2006	ZSB.TO vs XLB.TO
CORE.TO	PIMCO Canadian Core Bond Fund	3.05%	—	Jan 2011	ZSB.TO vs CORE.TO
XFLB.TO	iShares Core Canadian 15+ Year Federal Bond Index ...	2.84%	—	Feb 2023	ZSB.TO vs XFLB.TO
ZGB.TO	BMO Government Bond Index ETF	2.31%	1.28B	Mar 2018	ZSB.TO vs ZGB.TO

Lowest Volatility Alternatives to ZSB.TO

ZSB.TO has 1.97% 1-year volatility. There are 8 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	ZSB.TO vs CBIL.TO
VVSG.TO	Vanguard Canadian Ultra-Short Government Bond Inde...	0.34%	207.91M	Sep 2024	ZSB.TO vs VVSG.TO
TCSH.TO	TD Cash Management ETF	0.45%	—	Feb 2024	ZSB.TO vs TCSH.TO
XFR.TO	iShares Floating Rate Index ETF	0.72%	814.44M	Dec 2011	ZSB.TO vs XFR.TO
ZST.TO	BMO Ultra Short-Term Bond ETF	1.08%	3.54B	Jan 2011	ZSB.TO vs ZST.TO

Lowest Drawdown Alternatives to ZSB.TO

ZSB.TO has a 1-year max drawdown of -1.46%. There are 10 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	ZSB.TO vs CBIL.TO
XFR.TO	iShares Floating Rate Index ETF	-0.10%	814.44M	Dec 2011	ZSB.TO vs XFR.TO
TCSH.TO	TD Cash Management ETF	-0.10%	—	Feb 2024	ZSB.TO vs TCSH.TO
VVSG.TO	Vanguard Canadian Ultra-Short Government Bond Inde...	-0.14%	207.91M	Sep 2024	ZSB.TO vs VVSG.TO
ZST.TO	BMO Ultra Short-Term Bond ETF	-1.01%	3.54B	Jan 2011	ZSB.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	1.11%	5.68B	Nov 2021	ZSB.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	73	11.92%	24.23B	Nov 2012	ZSB.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	80	13.34%	846.16M	Jan 2022	ZSB.TO vs ZEQT.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities, Equal Weight	98	30.07%	6.15B	Oct 2009	ZSB.TO vs ZEB.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	83	10.54%	16.91B	May 2009	ZSB.TO vs ZCN.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	39	14.23%	3.24B	Jan 2010	ZSB.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	68	20.05%	2.39B	Feb 2019	ZSB.TO vs ZNQ.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	51	7.81%	6.18B	Oct 2011	ZSB.TO vs ZLB.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	97	19.41%	1.83B	Oct 2011	ZSB.TO vs ZDV.TO
ZUQ.TO	BMO MSCI USA High Quality Index ETF	Large Cap Blend Equities	47	10.92%	1.30B	Nov 2014	ZSB.TO vs ZUQ.TO

Often Compared With ZSB.TO

Investors most often compare ZSB.TO with ZBBB.TO, VLB.TO, ZCS.TO. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ZBBB.TO	BMO BBB Corporate Bond Index ETF	Corporate Bonds	55	1.74%	20.89M	Jan 2020	ZSB.TO vs ZBBB.TO
VLB.TO	Vanguard Canadian Long-Term Bond Index ETF	Long-Term Bond	16	3.59%	296.30M	Jan 2017	ZSB.TO vs VLB.TO
ZCS.TO	BMO Short Corporate Bond Index ETF	Canadian Government Bonds	66	1.69%	4.77B	Oct 2009	ZSB.TO vs ZCS.TO
TCLB.TO	TD Canadian Long Term Federal Bond ETF	Canadian Government Bonds	9	2.25%	403.15M	Nov 2019	ZSB.TO vs TCLB.TO
ZCB.TO	BMO Corporate Bond Index ETF	Corporate Bonds	35	2.34%	1.94B	Mar 2018	ZSB.TO vs ZCB.TO
VSB.TO	Vanguard Canadian Short Term Bond	Canadian Government Bonds	49	1.32%	1.56B	Nov 2011	ZSB.TO vs VSB.TO
XGB.TO	iShares Core Canadian Government Bond Index ETF	Canadian Government Bonds	21	2.26%	1.67B	Nov 2006	ZSB.TO vs XGB.TO
ZDB.TO	BMO Discount Bond	Canadian Government Bonds	22	2.06%	1.32B	Feb 2014	ZSB.TO vs ZDB.TO
XSTH.TO	iShares 0-5 Year TIPS Bond Index ETF (CAD-Hedged)	Inflation-Protected Bonds	25	0.45%	—	Jul 2021	ZSB.TO vs XSTH.TO
XBB.TO	iShares Core Canadian Universe Bond Index ETF	Intermediate Core Bond	24	2.12%	10.10B	Nov 2000	ZSB.TO vs XBB.TO
CASH.TO	Global X High Interest Savings ETF	Money Market	99	0.95%	6.67B	Nov 2021	ZSB.TO vs CASH.TO
CLG.TO	iShares 1-10 Year Laddered Government Bond Index E...	Canadian Government Bonds	32	1.71%	972.81M	Oct 2011	ZSB.TO vs CLG.TO
ZFH.TO	BMO Floating Rate High Yield ETF	High Yield Bonds	43	2.24%	247.52M	Feb 2014	ZSB.TO vs ZFH.TO
CLF.TO	iShares 1-5 Year Laddered Government Bond Index ET...	Canadian Government Bonds	41	1.23%	755.28M	Jan 2008	ZSB.TO vs CLF.TO
XSTB.TO	iShares ESG Aware Canadian Short Term Bond Index E...	Canadian Government Bonds	50	1.29%	142.84M	Mar 2019	ZSB.TO vs XSTB.TO
RY.TO	Royal Bank of Canada		98	24.82%	—	—	ZSB.TO vs RY.TO
XSHG.TO	iShares ESG Advanced 1-5 Year Canadian Corporate B...	Canadian Government Bonds	71	1.48%	—	Aug 2021	ZSB.TO vs XSHG.TO
XQB.TO	iShares High Quality Canadian Bond Index ETF	Canadian Government Bonds	25	1.97%	537.89M	Nov 2009	ZSB.TO vs XQB.TO
ZGLD.TO	BMO Gold Bullion ETF (CAD Units)	Gold, Precious Metals	26	-4.14%	—	Mar 2024	ZSB.TO vs ZGLD.TO
AVDE	Avantis International Equity ETF	Foreign Large Cap Equities	52	9.03%	16.33B	Sep 2019	ZSB.TO vs AVDE

Compare ZSB.TO with Any Fund or Stock

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

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Diversifiers

Pair ZSB.TO with funds that move differently

BMO Short-Term Bond Index ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ZSB.TO.

Explore ZSB.TO Diversifiers

BMO Short-Term Bond Index ETF (ZSB.TO) Alternatives