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%	4.07B	Mar 2016	ZSB.TO vs TDB.TO
VAB.TO	Vanguard Canadian Aggregate Bond Index ETF	0.09%	7.52B	Nov 2011	ZSB.TO vs VAB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	0.09%	13.13B	Jan 2010	ZSB.TO vs ZAG.TO
XSH.TO	iShares Core Canadian Short Term Corporate Bond In...	0.10%	2.65B	Sep 2011	ZSB.TO vs XSH.TO
XSB.TO	iShares Core Canadian Short Term Bond Index ETF	0.10%	4.31B	Nov 2000	ZSB.TO vs XSB.TO

Best Risk-Adjusted Alternatives to ZSB.TO

ZSB.TO has a PortfoliosLab risk / return rank of 65. 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	2.39B	Apr 2023	ZSB.TO vs CBIL.TO
VVSG.TO	Vanguard Canadian Ultra-Short Government Bond Inde...	99	214.29M	Sep 2024	ZSB.TO vs VVSG.TO
XFR.TO	iShares Floating Rate Index ETF	98	793.90M	Dec 2011	ZSB.TO vs XFR.TO
PFL.TO	Invesco Canadian Government Floating Rate Index ET...	97	258.84M	Jul 2014	ZSB.TO vs PFL.TO
ZBI.TO	BMO Canadian Bank Income Index ETF	90	—	Feb 2022	ZSB.TO vs ZBI.TO

Top Performing ZSB.TO Alternatives (YTD)

ZSB.TO is at 1.25% YTD. There are 8 ETFs in the Canadian Government Bonds category with higher YTD returns, going as high as 2.10%.

Symbol	Name	YTD Return	AUM	Inception
CORE.TO	PIMCO Canadian Core Bond Fund	2.10%	—	Jan 2011	ZSB.TO vs CORE.TO
ZBI.TO	BMO Canadian Bank Income Index ETF	2.08%	—	Feb 2022	ZSB.TO vs ZBI.TO
ZCS.TO	BMO Short Corporate Bond Index ETF	1.53%	4.96B	Oct 2009	ZSB.TO vs ZCS.TO
XSH.TO	iShares Core Canadian Short Term Corporate Bond In...	1.45%	2.65B	Sep 2011	ZSB.TO vs XSH.TO
XFR.TO	iShares Floating Rate Index ETF	1.36%	793.90M	Dec 2011	ZSB.TO vs XFR.TO

Lowest Volatility Alternatives to ZSB.TO

ZSB.TO has 1.96% 1-year volatility. There are 7 ETFs in the Canadian Government Bonds category with lower 1-year volatility, going as low as 0.26%.

Symbol	Name	Volatility 1Y	AUM	Inception
CBIL.TO	Global X 0-3 Month T-Bill ETF	0.26%	2.39B	Apr 2023	ZSB.TO vs CBIL.TO
VVSG.TO	Vanguard Canadian Ultra-Short Government Bond Inde...	0.34%	214.29M	Sep 2024	ZSB.TO vs VVSG.TO
XFR.TO	iShares Floating Rate Index ETF	0.71%	793.90M	Dec 2011	ZSB.TO vs XFR.TO
PFL.TO	Invesco Canadian Government Floating Rate Index ET...	0.82%	258.84M	Jul 2014	ZSB.TO vs PFL.TO
XSTB.TO	iShares ESG Aware Canadian Short Term Bond Index E...	1.82%	146.43M	Mar 2019	ZSB.TO vs XSTB.TO

Lowest Drawdown Alternatives to ZSB.TO

ZSB.TO has a 1-year max drawdown of -1.46%. There are 9 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%	2.39B	Apr 2023	ZSB.TO vs CBIL.TO
XFR.TO	iShares Floating Rate Index ETF	-0.10%	793.90M	Dec 2011	ZSB.TO vs XFR.TO
VVSG.TO	Vanguard Canadian Ultra-Short Government Bond Inde...	-0.14%	214.29M	Sep 2024	ZSB.TO vs VVSG.TO
PFL.TO	Invesco Canadian Government Floating Rate Index ET...	-0.15%	258.84M	Jul 2014	ZSB.TO vs PFL.TO
ZBI.TO	BMO Canadian Bank Income Index ETF	-1.21%	—	Feb 2022	ZSB.TO vs ZBI.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	1.25%	5.77B	Nov 2021	ZSB.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	78	13.65%	24.35B	Nov 2012	ZSB.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	83	14.44%	895.11M	Jan 2022	ZSB.TO vs ZEQT.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities, Equal Weight	98	36.93%	7.20B	Oct 2009	ZSB.TO vs ZEB.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	90	12.95%	17.34B	May 2009	ZSB.TO vs ZCN.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	38	15.43%	3.09B	Jan 2010	ZSB.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	64	19.67%	2.35B	Feb 2019	ZSB.TO vs ZNQ.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	53	7.89%	6.24B	Oct 2011	ZSB.TO vs ZLB.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	98	22.62%	1.86B	Oct 2011	ZSB.TO vs ZDV.TO
ZUQ.TO	BMO MSCI USA High Quality Index ETF	Large Cap Blend Equities	54	13.18%	1.32B	Nov 2014	ZSB.TO vs ZUQ.TO

Often Compared With ZSB.TO

Investors most often compare ZSB.TO with ZST.TO, ZBBB.TO, VLB.TO. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ZST.TO	BMO Ultra Short-Term Bond ETF	Ultrashort Bond	56	1.37%	3.55B	Jan 2011	ZSB.TO vs ZST.TO
ZBBB.TO	BMO BBB Corporate Bond Index ETF	Corporate Bonds	59	1.74%	20.89M	Jan 2020	ZSB.TO vs ZBBB.TO
VLB.TO	Vanguard Canadian Long-Term Bond Index ETF	Long-Term Bond	22	1.30%	265.81M	Jan 2017	ZSB.TO vs VLB.TO
TCLB.TO	TD Canadian Long Term Federal Bond ETF	Canadian Government Bonds	15	0.27%	416.62M	Nov 2019	ZSB.TO vs TCLB.TO
ZGB.TO	BMO Government Bond Index ETF	Canadian Government Bonds	32	1.33%	1.26B	Mar 2018	ZSB.TO vs ZGB.TO
ZCB.TO	BMO Corporate Bond Index ETF	Corporate Bonds	43	1.60%	2.00B	Mar 2018	ZSB.TO vs ZCB.TO
VSB.TO	Vanguard Canadian Short Term Bond	Canadian Government Bonds	62	1.20%	1.65B	Nov 2011	ZSB.TO vs VSB.TO
XGB.TO	iShares Core Canadian Government Bond Index ETF	Canadian Government Bonds	30	1.25%	1.65B	Nov 2006	ZSB.TO vs XGB.TO
ZFL.TO	BMO Long Federal Bond	Canadian Government Bonds	14	0.43%	1.30B	May 2010	ZSB.TO vs ZFL.TO
ZDB.TO	BMO Discount Bond	Canadian Government Bonds	30	1.07%	1.33B	Feb 2014	ZSB.TO vs ZDB.TO
XSTH.TO	iShares 0-5 Year TIPS Bond Index ETF (CAD-Hedged)	Inflation-Protected Bonds	28	0.82%	—	Jul 2021	ZSB.TO vs XSTH.TO
XBB.TO	iShares Core Canadian Universe Bond Index ETF	Intermediate Core Bond	34	1.18%	10.13B	Nov 2000	ZSB.TO vs XBB.TO
CASH.TO	Global X High Interest Savings ETF	Money Market	100	1.08%	6.66B	Nov 2021	ZSB.TO vs CASH.TO
XFLB.TO	iShares Core Canadian 15+ Year Federal Bond Index ...	Canadian Government Bonds	14	0.33%	—	Feb 2023	ZSB.TO vs XFLB.TO
CLG.TO	iShares 1-10 Year Laddered Government Bond Index E...	Canadian Government Bonds	43	1.16%	983.67M	Oct 2011	ZSB.TO vs CLG.TO
RY.TO	Royal Bank of Canada		99	32.49%	—	—	ZSB.TO vs RY.TO
CLF.TO	iShares 1-5 Year Laddered Government Bond Index ET...	Canadian Government Bonds	56	1.02%	753.20M	Jan 2008	ZSB.TO vs CLF.TO
ZFH.TO	BMO Floating Rate High Yield ETF	High Yield Bonds	43	2.65%	250.89M	Feb 2014	ZSB.TO vs ZFH.TO
XLB.TO	iShares Core Canadian Long Term Bond Index ETF	Canadian Government Bonds	22	1.02%	711.71M	Nov 2006	ZSB.TO vs XLB.TO
XQB.TO	iShares High Quality Canadian Bond Index ETF	Canadian Government Bonds	33	1.08%	537.77M	Nov 2009	ZSB.TO vs XQB.TO

Compare ZSB.TO with Any Fund or Stock

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

Symbol name

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