ZSML.TO Alternatives & Similar ETFs

BMO S&P US Small Cap Index ETF (ZSML.TO) belongs to the Small Cap Blend Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with ZSML.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to ZSML.TO

ZSML.TO charges 0.22% annually. There is 1 ETF in the Small Cap Blend Equities category with a lower expense ratio, going as low as 0.16%.

Symbol	Name	Expense Ratio	AUM	Inception
XMH.TO	iShares S&P U.S. Mid-Cap Index ETF (CAD-Hedged)	0.16%	621.89M	Aug 2015	ZSML.TO vs XMH.TO
XSMC.TO	iShares S&P U.S. Small-Cap Index ETF	0.22%	101.13M	Sep 2019	ZSML.TO vs XSMC.TO
XSMH.TO	iShares S&P U.S. Small-Cap Index ETF (CAD-Hedged)	0.22%	57.67M	Sep 2019	ZSML.TO vs XSMH.TO
XSU.TO	iShares U.S. Small Cap Index ETF (CAD-Hedged)	0.35%	774.09M	May 2007	ZSML.TO vs XSU.TO

Best Risk-Adjusted Alternatives to ZSML.TO

ZSML.TO has a PortfoliosLab risk / return rank of 85. There is 1 ETF in the Small Cap Blend Equities category with a higher risk-adjusted rank, going as high as 91.

Symbol	Name	Risk / Return Rank	AUM	Inception
MUSC.TO	Manulife Multifactor U.S. Small Cap Index ETF Hedg...	91	—	Nov 2017	ZSML.TO vs MUSC.TO
XSMC.TO	iShares S&P U.S. Small-Cap Index ETF	83	101.13M	Sep 2019	ZSML.TO vs XSMC.TO
XSMH.TO	iShares S&P U.S. Small-Cap Index ETF (CAD-Hedged)	69	57.67M	Sep 2019	ZSML.TO vs XSMH.TO
XSU.TO	iShares U.S. Small Cap Index ETF (CAD-Hedged)	66	774.09M	May 2007	ZSML.TO vs XSU.TO
XMH.TO	iShares S&P U.S. Mid-Cap Index ETF (CAD-Hedged)	47	621.89M	Aug 2015	ZSML.TO vs XMH.TO

Top Performing ZSML.TO Alternatives (YTD)

ZSML.TO is at 24.51% YTD. There is 1 ETF in the Small Cap Blend Equities category with a higher YTD return, going as high as 24.78%.

Symbol	Name	YTD Return	AUM	Inception
XSMC.TO	iShares S&P U.S. Small-Cap Index ETF	24.78%	101.13M	Sep 2019	ZSML.TO vs XSMC.TO
XSMH.TO	iShares S&P U.S. Small-Cap Index ETF (CAD-Hedged)	20.58%	57.67M	Sep 2019	ZSML.TO vs XSMH.TO
XSU.TO	iShares U.S. Small Cap Index ETF (CAD-Hedged)	19.18%	774.09M	May 2007	ZSML.TO vs XSU.TO
XMH.TO	iShares S&P U.S. Mid-Cap Index ETF (CAD-Hedged)	13.72%	621.89M	Aug 2015	ZSML.TO vs XMH.TO
MUSC.TO	Manulife Multifactor U.S. Small Cap Index ETF Hedg...	13.47%	—	Nov 2017	ZSML.TO vs MUSC.TO

Lowest Volatility Alternatives to ZSML.TO

ZSML.TO has 17.42% 1-year volatility. There are 2 ETFs in the Small Cap Blend Equities category with lower 1-year volatility, going as low as 11.52%.

Symbol	Name	Volatility 1Y	AUM	Inception
MUSC.TO	Manulife Multifactor U.S. Small Cap Index ETF Hedg...	11.52%	—	Nov 2017	ZSML.TO vs MUSC.TO
XMH.TO	iShares S&P U.S. Mid-Cap Index ETF (CAD-Hedged)	15.95%	621.89M	Aug 2015	ZSML.TO vs XMH.TO
XSMC.TO	iShares S&P U.S. Small-Cap Index ETF	17.93%	101.13M	Sep 2019	ZSML.TO vs XSMC.TO
XSMH.TO	iShares S&P U.S. Small-Cap Index ETF (CAD-Hedged)	18.05%	57.67M	Sep 2019	ZSML.TO vs XSMH.TO
XSU.TO	iShares U.S. Small Cap Index ETF (CAD-Hedged)	19.93%	774.09M	May 2007	ZSML.TO vs XSU.TO

Lowest Drawdown Alternatives to ZSML.TO

ZSML.TO has a 1-year max drawdown of -8.12%. There is 1 ETF in the Small Cap Blend Equities category with a shallower 1-year drawdown, going as shallow as -4.00%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
MUSC.TO	Manulife Multifactor U.S. Small Cap Index ETF Hedg...	-4.00%	—	Nov 2017	ZSML.TO vs MUSC.TO
XSMC.TO	iShares S&P U.S. Small-Cap Index ETF	-8.48%	101.13M	Sep 2019	ZSML.TO vs XSMC.TO
XSMH.TO	iShares S&P U.S. Small-Cap Index ETF (CAD-Hedged)	-9.05%	57.67M	Sep 2019	ZSML.TO vs XSMH.TO
XMH.TO	iShares S&P U.S. Mid-Cap Index ETF (CAD-Hedged)	-9.24%	621.89M	Aug 2015	ZSML.TO vs XMH.TO
XSU.TO	iShares U.S. Small Cap Index ETF (CAD-Hedged)	-11.60%	774.09M	May 2007	ZSML.TO vs XSU.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	ZSML.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	78	13.65%	24.35B	Nov 2012	ZSML.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	83	14.44%	895.11M	Jan 2022	ZSML.TO vs ZEQT.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities, Equal Weight	98	36.93%	7.20B	Oct 2009	ZSML.TO vs ZEB.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	90	12.95%	17.34B	May 2009	ZSML.TO vs ZCN.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	38	15.43%	3.09B	Jan 2010	ZSML.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	64	19.67%	2.35B	Feb 2019	ZSML.TO vs ZNQ.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	53	7.89%	6.24B	Oct 2011	ZSML.TO vs ZLB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	33	1.25%	13.13B	Jan 2010	ZSML.TO vs ZAG.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	98	22.62%	1.86B	Oct 2011	ZSML.TO vs ZDV.TO

Often Compared With ZSML.TO

Investors most often compare ZSML.TO with TQSM.TO, AVUV, ZST.TO. These 12 comparison targets span 10 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
TQSM.TO	TD Q U.S. Small-Mid-Cap Equity ETF	Mid Cap Value Equities	68	19.49%	973.44M	Jan 2025	ZSML.TO vs TQSM.TO
AVUV	Avantis US Small Cap Value ETF	Small Cap Value Equities	85	23.01%	28.73B	Sep 2019	ZSML.TO vs AVUV
ZST.TO	BMO Ultra Short-Term Bond ETF	Ultrashort Bond	56	1.37%	3.55B	Jan 2011	ZSML.TO vs ZST.TO
VCN.TO	Vanguard FTSE Canada All Cap Index ETF	Canada Equities	89	12.79%	16.37B	Aug 2013	ZSML.TO vs VCN.TO
XSP.TO	iShares Core S&P 500 Index ETF (CAD-Hedged)	S&P 500	59	9.73%	15.74B	May 2001	ZSML.TO vs XSP.TO
XDU.TO	iShares Core MSCI US Quality Dividend Index ETF	Large Cap Value Equities, Dividend	60	14.19%	293.50M	Jun 2017	ZSML.TO vs XDU.TO
SPMO	Invesco S&P 500 Momentum ETF	Momentum, S&P 500	60	26.26%	22.01B	Oct 2015	ZSML.TO vs SPMO
ZUQ.TO	BMO MSCI USA High Quality Index ETF	Large Cap Blend Equities	54	13.18%	1.32B	Nov 2014	ZSML.TO vs ZUQ.TO
VFV.TO	Vanguard S&P 500 Index ETF	S&P 500	79	13.67%	34.09B	Nov 2012	ZSML.TO vs VFV.TO
VVL.TO	Vanguard Global Value Factor ETF CAD	Global Equities	86	16.79%	800.80M	Jun 2016	ZSML.TO vs VVL.TO
VMO.TO	Vanguard Global Momentum Factor ETF	Momentum, Global Equities	70	21.88%	511.94M	Jun 2016	ZSML.TO vs VMO.TO
XEQT.TO	iShares Core Equity ETF Portfolio	Global Equities	87	14.16%	20.34B	Aug 2019	ZSML.TO vs XEQT.TO

Compare ZSML.TO with Any Fund or Stock

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

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Diversifiers

Pair ZSML.TO with funds that move differently

BMO S&P US Small Cap Index ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ZSML.TO.

Explore ZSML.TO Diversifiers

BMO S&P US Small Cap Index ETF (ZSML.TO) Alternatives