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 0.11%.

Symbol	Name	Expense Ratio	AUM	Inception
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%	790.22M	Nov 2018	ZSDB.TO vs TCSB.TO
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	0.35%	235.30M	Sep 2024	ZSDB.TO vs HBIL.TO

Best Risk-Adjusted Alternatives to ZSDB.TO

ZSDB.TO has a PortfoliosLab risk / return rank of 43. There are 3 ETFs in the Short-Term Bond category with higher risk-adjusted ranks, going as high as 57.

Symbol	Name	Risk / Return Rank	AUM	Inception
TCSB.TO	TD Select Short Term Corporate Bond Ladder ETF	57	790.22M	Nov 2018	ZSDB.TO vs TCSB.TO
VSC.TO	Vanguard Canadian Short-Term Corporate Bond Index ...	56	1.50B	Nov 2012	ZSDB.TO vs VSC.TO
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	56	235.30M	Sep 2024	ZSDB.TO vs HBIL.TO
RCDB.NEO	RBC Canadian Discount Bond ETF	38	—	Jun 2019	ZSDB.TO vs RCDB.NEO

Top Performing ZSDB.TO Alternatives (YTD)

ZSDB.TO is at 0.74% YTD. There are 3 ETFs in the Short-Term Bond category with higher YTD returns, going as high as 1.32%.

Symbol	Name	YTD Return	AUM	Inception
TCSB.TO	TD Select Short Term Corporate Bond Ladder ETF	1.32%	790.22M	Nov 2018	ZSDB.TO vs TCSB.TO
RCDB.NEO	RBC Canadian Discount Bond ETF	1.15%	—	Jun 2019	ZSDB.TO vs RCDB.NEO
VSC.TO	Vanguard Canadian Short-Term Corporate Bond Index ...	1.14%	1.50B	Nov 2012	ZSDB.TO vs VSC.TO
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	0.59%	235.30M	Sep 2024	ZSDB.TO vs HBIL.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

Lowest Volatility Alternatives to ZSDB.TO

ZSDB.TO has 1.89% 1-year volatility. There are 2 ETFs in the Short-Term Bond category with lower 1-year volatility, going as low as 1.66%.

Symbol	Name	Volatility 1Y	AUM	Inception
HBIL.TO	Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedg...	1.66%	235.30M	Sep 2024	ZSDB.TO vs HBIL.TO
TSTX-U.TO	Global X 1-3 Year U.S. Treasury Bond Index ETF	1.69%	—	Oct 2025	ZSDB.TO vs TSTX-U.TO
VSC.TO	Vanguard Canadian Short-Term Corporate Bond Index ...	1.97%	1.50B	Nov 2012	ZSDB.TO vs VSC.TO
TCSB.TO	TD Select Short Term Corporate Bond Ladder ETF	2.18%	790.22M	Nov 2018	ZSDB.TO vs TCSB.TO
RCDB.NEO	RBC Canadian Discount Bond ETF	2.35%	—	Jun 2019	ZSDB.TO vs RCDB.NEO

Lowest Drawdown Alternatives to ZSDB.TO

ZSDB.TO has a 1-year max drawdown of -1.44%. There is 1 ETF in the Short-Term Bond category with a shallower 1-year drawdown, 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%	235.30M	Sep 2024	ZSDB.TO vs HBIL.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%	790.22M	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 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	ZSDB.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	72	12.15%	23.82B	Nov 2012	ZSDB.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	75	13.04%	789.04M	Jan 2022	ZSDB.TO vs ZEQT.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities	96	19.22%	5.16B	Oct 2009	ZSDB.TO vs ZEB.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	80	10.70%	16.67B	May 2009	ZSDB.TO vs ZCN.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	67	19.82%	3.25B	Jan 2010	ZSDB.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	74	22.76%	2.28B	Feb 2019	ZSDB.TO vs ZNQ.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	54	3.14%	6.10B	Oct 2011	ZSDB.TO vs ZLB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	21	1.70%	12.80B	Jan 2010	ZSDB.TO vs ZAG.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	85	18.56%	1.72B	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 5 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	0.85%	2.27B	Apr 2023	ZSDB.TO vs CBIL.TO
ZST.TO	BMO Ultra Short-Term Bond ETF	Canadian Government Bonds, Ultrashort Bond	47	1.08%	3.53B	Jan 2011	ZSDB.TO vs ZST.TO
ZUQ.TO	BMO MSCI USA High Quality Index ETF	Large Cap Blend Equities	41	9.39%	1.24B	Nov 2014	ZSDB.TO vs ZUQ.TO
XSB.TO	iShares Core Canadian Short Term Bond Index ETF	Canadian Government Bonds	41	1.03%	4.21B	Nov 2000	ZSDB.TO vs XSB.TO
ZDB.TO	BMO Discount Bond	Canadian Government Bonds	19	1.53%	1.26B	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