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%	3.82B	Mar 2016	ZSB.TO vs TDB.TO
VAB.TO	Vanguard Canadian Aggregate Bond Index ETF	0.09%	7.35B	Nov 2011	ZSB.TO vs VAB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	0.09%	12.80B	Jan 2010	ZSB.TO vs ZAG.TO
XSB.TO	iShares Core Canadian Short Term Bond Index ETF	0.10%	4.21B	Nov 2000	ZSB.TO vs XSB.TO
CBIL.TO	Global X 0-3 Month T-Bill ETF	0.10%	2.27B	Apr 2023	ZSB.TO vs CBIL.TO

Best Risk-Adjusted Alternatives to ZSB.TO

ZSB.TO has a PortfoliosLab risk / return rank of 41. There are 12 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	2.27B	Apr 2023	ZSB.TO vs CBIL.TO
VVSG.TO	Vanguard Canadian Ultra-Short Government Bond Inde...	99	207.90M	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	812.99M	Dec 2011	ZSB.TO vs XFR.TO
ZBI.TO	BMO Canadian Bank Income Index ETF	85	—	Feb 2022	ZSB.TO vs ZBI.TO

Top Performing ZSB.TO Alternatives (YTD)

ZSB.TO is at 0.96% YTD. There are 24 ETFs in the Canadian Government Bonds category with higher YTD returns, going as high as 2.77%.

Symbol	Name	YTD Return	AUM	Inception
XLB.TO	iShares Core Canadian Long Term Bond Index ETF	2.77%	752.21M	Nov 2006	ZSB.TO vs XLB.TO
XFLB.TO	iShares Core Canadian 15+ Year Federal Bond Index ...	2.42%	—	Feb 2023	ZSB.TO vs XFLB.TO
ZFL.TO	BMO Long Federal Bond	2.39%	1.31B	May 2010	ZSB.TO vs ZFL.TO
CORE.TO	PIMCO Canadian Core Bond Fund	2.24%	—	Jan 2011	ZSB.TO vs CORE.TO
TCLB.TO	TD Canadian Long Term Federal Bond ETF	2.20%	391.68M	Nov 2019	ZSB.TO vs TCLB.TO

Lowest Volatility Alternatives to ZSB.TO

ZSB.TO has 1.95% 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%	2.27B	Apr 2023	ZSB.TO vs CBIL.TO
VVSG.TO	Vanguard Canadian Ultra-Short Government Bond Inde...	0.36%	207.90M	Sep 2024	ZSB.TO vs VVSG.TO
TCSH.TO	TD Cash Management ETF	0.46%	—	Feb 2024	ZSB.TO vs TCSH.TO
XFR.TO	iShares Floating Rate Index ETF	0.72%	812.99M	Dec 2011	ZSB.TO vs XFR.TO
ZST.TO	BMO Ultra Short-Term Bond ETF	1.08%	3.53B	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%	2.27B	Apr 2023	ZSB.TO vs CBIL.TO
TCSH.TO	TD Cash Management ETF	-0.10%	—	Feb 2024	ZSB.TO vs TCSH.TO
XFR.TO	iShares Floating Rate Index ETF	-0.10%	812.99M	Dec 2011	ZSB.TO vs XFR.TO
VVSG.TO	Vanguard Canadian Ultra-Short Government Bond Inde...	-0.14%	207.90M	Sep 2024	ZSB.TO vs VVSG.TO
ZST.TO	BMO Ultra Short-Term Bond ETF	-1.01%	3.53B	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 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	ZSB.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	72	12.15%	23.82B	Nov 2012	ZSB.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	75	13.04%	789.04M	Jan 2022	ZSB.TO vs ZEQT.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities	96	19.22%	5.16B	Oct 2009	ZSB.TO vs ZEB.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	80	10.70%	16.67B	May 2009	ZSB.TO vs ZCN.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	67	19.82%	3.25B	Jan 2010	ZSB.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	74	22.76%	2.28B	Feb 2019	ZSB.TO vs ZNQ.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	54	3.14%	6.10B	Oct 2011	ZSB.TO vs ZLB.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	85	18.56%	1.72B	Oct 2011	ZSB.TO vs ZDV.TO
ZUQ.TO	BMO MSCI USA High Quality Index ETF	Large Cap Blend Equities	41	9.39%	1.24B	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 8 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	47	1.60%	33.94M	Jan 2020	ZSB.TO vs ZBBB.TO
VLB.TO	Vanguard Canadian Long-Term Bond Index ETF	Long-Term Bond	13	2.84%	296.24M	Jan 2017	ZSB.TO vs VLB.TO
ZCS.TO	BMO Short Corporate Bond Index ETF	Canadian Government Bonds	56	1.29%	4.34B	Oct 2009	ZSB.TO vs ZCS.TO
ZGB.TO	BMO Government Bond Index ETF	Canadian Government Bonds	19	1.62%	1.28B	Mar 2018	ZSB.TO vs ZGB.TO
ZCB.TO	BMO Corporate Bond Index ETF	Corporate Bonds	31	1.93%	1.91B	Mar 2018	ZSB.TO vs ZCB.TO
VSB.TO	Vanguard Canadian Short Term Bond	Canadian Government Bonds	43	0.97%	1.56B	Nov 2011	ZSB.TO vs VSB.TO
XGB.TO	iShares Core Canadian Government Bond Index ETF	Canadian Government Bonds	18	1.57%	1.63B	Nov 2006	ZSB.TO vs XGB.TO
XSH.TO	iShares Core Canadian Short Term Corporate Bond In...	Canadian Government Bonds	53	1.33%	2.40B	Sep 2011	ZSB.TO vs XSH.TO
ZDB.TO	BMO Discount Bond	Canadian Government Bonds	19	1.53%	1.26B	Feb 2014	ZSB.TO vs ZDB.TO
XSTH.TO	iShares 0-5 Year TIPS Bond Index ETF (CAD-Hedged)	Inflation-Protected Bonds	39	1.24%	—	Jul 2021	ZSB.TO vs XSTH.TO
XBB.TO	iShares Core Canadian Universe Bond Index ETF	Canadian Government Bonds	21	1.51%	9.96B	Nov 2000	ZSB.TO vs XBB.TO
XSTB.TO	iShares ESG Aware Canadian Short Term Bond Index E...	Canadian Government Bonds	41	0.89%	142.35M	Mar 2019	ZSB.TO vs XSTB.TO
CASH.TO	Global X High Interest Savings ETF	Money Market	100	0.83%	6.70B	Nov 2021	ZSB.TO vs CASH.TO
ZFH.TO	BMO Floating Rate High Yield ETF	High Yield Bonds	43	2.17%	246.14M	Feb 2014	ZSB.TO vs ZFH.TO
RY.TO	Royal Bank of Canada		97	15.19%	—	—	ZSB.TO vs RY.TO
CLF.TO	iShares 1-5 Year Laddered Government Bond Index ET...	Canadian Government Bonds	33	0.83%	740.44M	Jan 2008	ZSB.TO vs CLF.TO
CLG.TO	iShares 1-10 Year Laddered Government Bond Index E...	Canadian Government Bonds	27	1.12%	933.75M	Oct 2011	ZSB.TO vs CLG.TO
XQB.TO	iShares High Quality Canadian Bond Index ETF	Canadian Government Bonds	23	1.49%	530.34M	Nov 2009	ZSB.TO vs XQB.TO
ZGLD.TO	BMO Gold Bullion ETF (CAD Units)	Gold	36	4.35%	—	Mar 2024	ZSB.TO vs ZGLD.TO
AVDE	Avantis International Equity ETF	Foreign Large Cap Equities	54	10.55%	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