ZSDB.TO Alternatives & Similar ETFs

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

Cheapest Alternatives to ZSDB.TO

ZSDB.TO charges 0.09% annually. No ETFs in the Short-Term Bond category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.10%.

Symbol	Name	Expense Ratio	AUM	Inception
XSB.TO	iShares Core Canadian Short Term Bond Index ETF	0.10%	4.28B	Nov 2000	ZSDB.TO vs XSB.TO
VSC.TO	Vanguard Canadian Short-Term Corporate Bond Index ...	0.11%	1.50B	Nov 2012	ZSDB.TO vs VSC.TO
TSTX-U.TO	Global X 1-3 Year U.S. Treasury Bond Index ETF	0.15%	—	Oct 2025	ZSDB.TO vs TSTX-U.TO
RCDB.NEO	RBC Canadian Discount Bond ETF	0.17%	—	Jun 2019	ZSDB.TO vs RCDB.NEO
TCSB.TO	TD Select Short Term Corporate Bond Ladder ETF	0.28%	829.75M	Nov 2018	ZSDB.TO vs TCSB.TO

Best Risk-Adjusted Alternatives to ZSDB.TO

ZSDB.TO has a PortfoliosLab risk / return rank of 9. There are 5 ETFs in the Short-Term Bond category with higher risk-adjusted ranks, going as high as 65.

Symbol	Name	Risk / Return Rank	AUM	Inception
VSC.TO	Vanguard Canadian Short-Term Corporate Bond Index ...	65	1.50B	Nov 2012	ZSDB.TO vs VSC.TO
TCSB.TO	TD Select Short Term Corporate Bond Ladder ETF	65	829.75M	Nov 2018	ZSDB.TO vs TCSB.TO
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	57	227.30M	Sep 2024	ZSDB.TO vs HBIL.TO
XSB.TO	iShares Core Canadian Short Term Bond Index ETF	49	4.28B	Nov 2000	ZSDB.TO vs XSB.TO
RCDB.NEO	RBC Canadian Discount Bond ETF	46	—	Jun 2019	ZSDB.TO vs RCDB.NEO

Top Performing ZSDB.TO Alternatives (YTD)

ZSDB.TO is at 1.06% YTD. There are 4 ETFs in the Short-Term Bond category with higher YTD returns, going as high as 1.60%.

Symbol	Name	YTD Return	AUM	Inception
TCSB.TO	TD Select Short Term Corporate Bond Ladder ETF	1.60%	829.75M	Nov 2018	ZSDB.TO vs TCSB.TO
VSC.TO	Vanguard Canadian Short-Term Corporate Bond Index ...	1.52%	1.50B	Nov 2012	ZSDB.TO vs VSC.TO
RCDB.NEO	RBC Canadian Discount Bond ETF	1.45%	—	Jun 2019	ZSDB.TO vs RCDB.NEO
XSB.TO	iShares Core Canadian Short Term Bond Index ETF	1.36%	4.28B	Nov 2000	ZSDB.TO vs XSB.TO
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	0.93%	227.30M	Sep 2024	ZSDB.TO vs HBIL.TO

Lowest Volatility Alternatives to ZSDB.TO

ZSDB.TO has 3.28% 1-year volatility. There are 6 ETFs in the Short-Term Bond category with lower 1-year volatility, going as low as 1.62%.

Symbol	Name	Volatility 1Y	AUM	Inception
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	1.62%	227.30M	Sep 2024	ZSDB.TO vs HBIL.TO
TSTX-U.TO	Global X 1-3 Year U.S. Treasury Bond Index ETF	1.70%	—	Oct 2025	ZSDB.TO vs TSTX-U.TO
XSB.TO	iShares Core Canadian Short Term Bond Index ETF	2.01%	4.28B	Nov 2000	ZSDB.TO vs XSB.TO
VSC.TO	Vanguard Canadian Short-Term Corporate Bond Index ...	2.01%	1.50B	Nov 2012	ZSDB.TO vs VSC.TO
TCSB.TO	TD Select Short Term Corporate Bond Ladder ETF	2.16%	829.75M	Nov 2018	ZSDB.TO vs TCSB.TO

Lowest Drawdown Alternatives to ZSDB.TO

ZSDB.TO has a 1-year max drawdown of -3.20%. There are 5 ETFs in the Short-Term Bond category with shallower 1-year drawdowns, going as shallow as -0.95%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	-0.95%	227.30M	Sep 2024	ZSDB.TO vs HBIL.TO
XSB.TO	iShares Core Canadian Short Term Bond Index ETF	-1.47%	4.28B	Nov 2000	ZSDB.TO vs XSB.TO
VSC.TO	Vanguard Canadian Short-Term Corporate Bond Index ...	-1.53%	1.50B	Nov 2012	ZSDB.TO vs VSC.TO
RCDB.NEO	RBC Canadian Discount Bond ETF	-1.59%	—	Jun 2019	ZSDB.TO vs RCDB.NEO
TCSB.TO	TD Select Short Term Corporate Bond Ladder ETF	-1.64%	829.75M	Nov 2018	ZSDB.TO vs TCSB.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	ZSDB.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	73	11.92%	24.23B	Nov 2012	ZSDB.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	80	13.34%	846.16M	Jan 2022	ZSDB.TO vs ZEQT.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities, Equal Weight	98	30.07%	6.15B	Oct 2009	ZSDB.TO vs ZEB.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	83	10.54%	16.91B	May 2009	ZSDB.TO vs ZCN.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	39	14.23%	3.24B	Jan 2010	ZSDB.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	68	20.05%	2.39B	Feb 2019	ZSDB.TO vs ZNQ.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	51	7.81%	6.18B	Oct 2011	ZSDB.TO vs ZLB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	24	2.21%	12.97B	Jan 2010	ZSDB.TO vs ZAG.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	97	19.41%	1.83B	Oct 2011	ZSDB.TO vs ZDV.TO

Often Compared With ZSDB.TO

Investors most often compare ZSDB.TO with CBIL.TO, ZST.TO, ZUQ.TO. These 4 comparison targets span 3 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
CBIL.TO	Global X 0-3 Month T-Bill ETF	Canadian Government Bonds	99	0.99%	2.36B	Apr 2023	ZSDB.TO vs CBIL.TO
ZST.TO	BMO Ultra Short-Term Bond ETF	Canadian Government Bonds, Ultrashort Bond	51	1.24%	3.54B	Jan 2011	ZSDB.TO vs ZST.TO
ZUQ.TO	BMO MSCI USA High Quality Index ETF	Large Cap Blend Equities	47	10.92%	1.30B	Nov 2014	ZSDB.TO vs ZUQ.TO
ZDB.TO	BMO Discount Bond	Canadian Government Bonds	22	2.06%	1.32B	Feb 2014	ZSDB.TO vs ZDB.TO

Compare ZSDB.TO with Any Fund or Stock

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

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Diversifiers

Pair ZSDB.TO with funds that move differently

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

Explore ZSDB.TO Diversifiers

BMO Short-Term Discount Bond ETF (ZSDB.TO) Alternatives