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%	517.47M	Aug 2015	ZSML.TO vs XMH.TO
XSMH.TO	iShares S&P U.S. Small-Cap Index ETF (CAD-Hedged)	0.22%	60.31M	Sep 2019	ZSML.TO vs XSMH.TO
XSMC.TO	iShares S&P U.S. Small-Cap Index ETF	0.22%	91.75M	Sep 2019	ZSML.TO vs XSMC.TO
XSU.TO	iShares U.S. Small Cap Index ETF (CAD-Hedged)	0.35%	784.69M	May 2007	ZSML.TO vs XSU.TO

Best Risk-Adjusted Alternatives to ZSML.TO

ZSML.TO has a PortfoliosLab risk / return rank of 63. No ETFs in the Small Cap Blend Equities category have higher risk-adjusted ranks; the top alternatives shown here go as high as 62.

Symbol	Name	Risk / Return Rank	AUM	Inception
XSMC.TO	iShares S&P U.S. Small-Cap Index ETF	62	91.75M	Sep 2019	ZSML.TO vs XSMC.TO
XSU.TO	iShares U.S. Small Cap Index ETF (CAD-Hedged)	56	784.69M	May 2007	ZSML.TO vs XSU.TO
XSMH.TO	iShares S&P U.S. Small-Cap Index ETF (CAD-Hedged)	52	60.31M	Sep 2019	ZSML.TO vs XSMH.TO
XMH.TO	iShares S&P U.S. Mid-Cap Index ETF (CAD-Hedged)	44	517.47M	Aug 2015	ZSML.TO vs XMH.TO

Top Performing ZSML.TO Alternatives (YTD)

ZSML.TO is at 16.56% YTD. There is 1 ETF in the Small Cap Blend Equities category with a higher YTD return, going as high as 16.67%.

Symbol	Name	YTD Return	AUM	Inception
XSMC.TO	iShares S&P U.S. Small-Cap Index ETF	16.67%	91.75M	Sep 2019	ZSML.TO vs XSMC.TO
XSU.TO	iShares U.S. Small Cap Index ETF (CAD-Hedged)	15.84%	784.69M	May 2007	ZSML.TO vs XSU.TO
XSMH.TO	iShares S&P U.S. Small-Cap Index ETF (CAD-Hedged)	13.91%	60.31M	Sep 2019	ZSML.TO vs XSMH.TO
XMH.TO	iShares S&P U.S. Mid-Cap Index ETF (CAD-Hedged)	12.86%	517.47M	Aug 2015	ZSML.TO vs XMH.TO

Lowest Volatility Alternatives to ZSML.TO

ZSML.TO has 17.66% 1-year volatility. There is 1 ETF in the Small Cap Blend Equities category with lower 1-year volatility, going as low as 15.94%.

Symbol	Name	Volatility 1Y	AUM	Inception
XMH.TO	iShares S&P U.S. Mid-Cap Index ETF (CAD-Hedged)	15.94%	517.47M	Aug 2015	ZSML.TO vs XMH.TO
XSMC.TO	iShares S&P U.S. Small-Cap Index ETF	17.89%	91.75M	Sep 2019	ZSML.TO vs XSMC.TO
XSMH.TO	iShares S&P U.S. Small-Cap Index ETF (CAD-Hedged)	17.94%	60.31M	Sep 2019	ZSML.TO vs XSMH.TO
XSU.TO	iShares U.S. Small Cap Index ETF (CAD-Hedged)	19.68%	784.69M	May 2007	ZSML.TO vs XSU.TO

Lowest Drawdown Alternatives to ZSML.TO

ZSML.TO has a 1-year max drawdown of -8.12%. No ETFs in the Small Cap Blend Equities category have shallower 1-year drawdowns; the lowest-drawdown alternatives shown here go as shallow as -8.48%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
XSMC.TO	iShares S&P U.S. Small-Cap Index ETF	-8.48%	91.75M	Sep 2019	ZSML.TO vs XSMC.TO
XSMH.TO	iShares S&P U.S. Small-Cap Index ETF (CAD-Hedged)	-9.05%	60.31M	Sep 2019	ZSML.TO vs XSMH.TO
XMH.TO	iShares S&P U.S. Mid-Cap Index ETF (CAD-Hedged)	-9.24%	517.47M	Aug 2015	ZSML.TO vs XMH.TO
XSU.TO	iShares U.S. Small Cap Index ETF (CAD-Hedged)	-11.60%	784.69M	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 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	ZSML.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	72	12.15%	23.82B	Nov 2012	ZSML.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	75	13.04%	789.04M	Jan 2022	ZSML.TO vs ZEQT.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities	96	19.22%	5.16B	Oct 2009	ZSML.TO vs ZEB.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	80	10.70%	16.67B	May 2009	ZSML.TO vs ZCN.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	67	19.82%	3.25B	Jan 2010	ZSML.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	74	22.76%	2.28B	Feb 2019	ZSML.TO vs ZNQ.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	54	3.14%	6.10B	Oct 2011	ZSML.TO vs ZLB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	21	1.70%	12.80B	Jan 2010	ZSML.TO vs ZAG.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	85	18.56%	1.72B	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 9 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	47	13.30%	869.96M	Jan 2025	ZSML.TO vs TQSM.TO
AVUV	Avantis US Small Cap Value ETF	Small Cap Value Equities	67	17.96%	26.41B	Sep 2019	ZSML.TO vs AVUV
ZST.TO	BMO Ultra Short-Term Bond ETF	Canadian Government Bonds, Ultrashort Bond	47	1.08%	3.53B	Jan 2011	ZSML.TO vs ZST.TO
VCN.TO	Vanguard FTSE Canada All Cap Index ETF	Canada Equities	77	10.48%	15.96B	Aug 2013	ZSML.TO vs VCN.TO
XSP.TO	iShares Core S&P 500 Index ETF (CAD-Hedged)	S&P 500	61	9.64%	15.61B	May 2001	ZSML.TO vs XSP.TO
XDU.TO	iShares Core MSCI US Quality Dividend Index ETF	Large Cap Value Equities, Dividend	47	11.82%	286.82M	Jun 2017	ZSML.TO vs XDU.TO
SPMO	Invesco S&P 500 Momentum ETF	Momentum, S&P 500	75	30.35%	19.93B	Oct 2015	ZSML.TO vs SPMO
ZUQ.TO	BMO MSCI USA High Quality Index ETF	Large Cap Blend Equities	41	9.39%	1.24B	Nov 2014	ZSML.TO vs ZUQ.TO
VFV.TO	Vanguard S&P 500 Index ETF	S&P 500	74	12.30%	32.85B	Nov 2012	ZSML.TO vs VFV.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