ZST.TO Alternatives & Similar ETFs

BMO Ultra Short-Term Bond ETF (ZST.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 ZST.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to ZST.TO

ZST.TO charges 0.17% annually. There are 16 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%	3.82B	Mar 2016	ZST.TO vs TDB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	0.09%	12.80B	Jan 2010	ZST.TO vs ZAG.TO
VAB.TO	Vanguard Canadian Aggregate Bond Index ETF	0.09%	7.35B	Nov 2011	ZST.TO vs VAB.TO
XSB.TO	iShares Core Canadian Short Term Bond Index ETF	0.10%	4.21B	Nov 2000	ZST.TO vs XSB.TO
CBIL.TO	Global X 0-3 Month T-Bill ETF	0.10%	2.27B	Apr 2023	ZST.TO vs CBIL.TO

Best Risk-Adjusted Alternatives to ZST.TO

ZST.TO has a PortfoliosLab risk / return rank of 47. 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	2.27B	Apr 2023	ZST.TO vs CBIL.TO
VVSG.TO	Vanguard Canadian Ultra-Short Government Bond Inde...	99	207.90M	Sep 2024	ZST.TO vs VVSG.TO
TCSH.TO	TD Cash Management ETF	99	—	Feb 2024	ZST.TO vs TCSH.TO
XFR.TO	iShares Floating Rate Index ETF	98	812.99M	Dec 2011	ZST.TO vs XFR.TO
ZBI.TO	BMO Canadian Bank Income Index ETF	85	—	Feb 2022	ZST.TO vs ZBI.TO

Top Performing ZST.TO Alternatives (YTD)

ZST.TO is at 1.08% YTD. There are 19 ETFs in the Canadian Government Bonds category with higher YTD returns, going as high as 2.77%.

Symbol	Name	YTD Return	AUM	Inception
XLB.TO	iShares Core Canadian Long Term Bond Index ETF	2.77%	752.21M	Nov 2006	ZST.TO vs XLB.TO
XFLB.TO	iShares Core Canadian 15+ Year Federal Bond Index ...	2.42%	—	Feb 2023	ZST.TO vs XFLB.TO
ZFL.TO	BMO Long Federal Bond	2.39%	1.31B	May 2010	ZST.TO vs ZFL.TO
CORE.TO	PIMCO Canadian Core Bond Fund	2.24%	—	Jan 2011	ZST.TO vs CORE.TO
TCLB.TO	TD Canadian Long Term Federal Bond ETF	2.20%	391.68M	Nov 2019	ZST.TO vs TCLB.TO

Lowest Volatility Alternatives to ZST.TO

ZST.TO has 1.08% 1-year volatility. There are 4 ETFs in the Canadian Government Bonds category with lower 1-year volatility, going as low as 0.25%.

Symbol	Name	Volatility 1Y	AUM	Inception
CBIL.TO	Global X 0-3 Month T-Bill ETF	0.25%	2.27B	Apr 2023	ZST.TO vs CBIL.TO
VVSG.TO	Vanguard Canadian Ultra-Short Government Bond Inde...	0.36%	207.90M	Sep 2024	ZST.TO vs VVSG.TO
TCSH.TO	TD Cash Management ETF	0.46%	—	Feb 2024	ZST.TO vs TCSH.TO
XFR.TO	iShares Floating Rate Index ETF	0.72%	812.99M	Dec 2011	ZST.TO vs XFR.TO
XSHG.TO	iShares ESG Advanced 1-5 Year Canadian Corporate B...	1.82%	—	Aug 2021	ZST.TO vs XSHG.TO

Lowest Drawdown Alternatives to ZST.TO

ZST.TO has a 1-year max drawdown of -1.01%. There are 4 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%	2.27B	Apr 2023	ZST.TO vs CBIL.TO
XFR.TO	iShares Floating Rate Index ETF	-0.10%	812.99M	Dec 2011	ZST.TO vs XFR.TO
TCSH.TO	TD Cash Management ETF	-0.10%	—	Feb 2024	ZST.TO vs TCSH.TO
VVSG.TO	Vanguard Canadian Ultra-Short Government Bond Inde...	-0.14%	207.90M	Sep 2024	ZST.TO vs VVSG.TO
ZBI.TO	BMO Canadian Bank Income Index ETF	-1.21%	—	Feb 2022	ZST.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 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	ZST.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	72	12.15%	23.82B	Nov 2012	ZST.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	75	13.04%	789.04M	Jan 2022	ZST.TO vs ZEQT.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities	96	19.22%	5.16B	Oct 2009	ZST.TO vs ZEB.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	80	10.70%	16.67B	May 2009	ZST.TO vs ZCN.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	67	19.82%	3.25B	Jan 2010	ZST.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	74	22.76%	2.28B	Feb 2019	ZST.TO vs ZNQ.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	54	3.14%	6.10B	Oct 2011	ZST.TO vs ZLB.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	85	18.56%	1.72B	Oct 2011	ZST.TO vs ZDV.TO
ZUQ.TO	BMO MSCI USA High Quality Index ETF	Large Cap Blend Equities	41	9.39%	1.24B	Nov 2014	ZST.TO vs ZUQ.TO

Often Compared With ZST.TO

Investors most often compare ZST.TO with CASH.TO, VXC.TO, DXV.TO. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
CASH.TO	Global X High Interest Savings ETF	Money Market	100	0.83%	6.70B	Nov 2021	ZST.TO vs CASH.TO
VXC.TO	Vanguard FTSE Global All Cap ex Canada Index ETF	Global Equities	75	13.63%	3.45B	Jun 2014	ZST.TO vs VXC.TO
DXV.TO	Dynamic Active Investment Grade Floating Rate ETF		83	1.25%	344.32M	—	ZST.TO vs DXV.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	Dividend	98	20.59%	7.99B	Nov 2012	ZST.TO vs VDY.TO
SGOV	iShares 0-3 Month Treasury Bond ETF	Ultrashort Bond	100	1.51%	91.90B	May 2020	ZST.TO vs SGOV
MNY	MoneyHero Limited Class A Ordinary Shares		68	3.57%	—	—	ZST.TO vs MNY
HSAV.TO	Global X Cash Maximizer Corporate Class ETF	Bank Loan	66	1.04%	1.92B	Feb 2020	ZST.TO vs HSAV.TO
PSA.TO	Purpose High Interest Savings Fund	Money Market	100	0.89%	4.20B	Oct 2013	ZST.TO vs PSA.TO
XFN.TO	iShares S&P/TSX Capped Financials Index ETF	Financials Equities	91	12.51%	2.24B	Mar 2001	ZST.TO vs XFN.TO
XSTH.TO	iShares 0-5 Year TIPS Bond Index ETF (CAD-Hedged)	Inflation-Protected Bonds	39	1.24%	—	Jul 2021	ZST.TO vs XSTH.TO
MNY.TO	Purpose Cash Management Fund	Money Market	100	0.95%	2.90B	Sep 2022	ZST.TO vs MNY.TO
XSAB.TO	iShares ESG Aware Canadian Aggregate Bond Index ET...	Canadian Government Bonds	21	1.55%	236.66M	Mar 2019	ZST.TO vs XSAB.TO
VUN.TO	Vanguard U.S. Total Market Index ETF	Large Cap Blend Equities	72	12.43%	18.15B	Aug 2013	ZST.TO vs VUN.TO
XSTB.TO	iShares ESG Aware Canadian Short Term Bond Index E...	Canadian Government Bonds	41	0.89%	142.35M	Mar 2019	ZST.TO vs XSTB.TO
ZSB.TO	BMO Short-Term Bond Index ETF	Canadian Government Bonds	41	0.96%	173.02M	Mar 2018	ZST.TO vs ZSB.TO
ZDB.TO	BMO Discount Bond	Canadian Government Bonds	19	1.53%	1.26B	Feb 2014	ZST.TO vs ZDB.TO
PERF	Perfect Corp.		36	-8.29%	—	—	ZST.TO vs PERF
ESGB	IQ MacKay ESG Core Plus Bond ETF	Intermediate Core-Plus Bond	41	0.50%	172.11M	Jun 2021	ZST.TO vs ESGB
CSAV.TO	CI High Interest Savings ETF	Money Market	100	0.86%	4.71B	Jun 2019	ZST.TO vs CSAV.TO
ZSML.TO	BMO S&P US Small Cap Index ETF	Small Cap Blend Equities	63	16.56%	121.53M	Jan 2020	ZST.TO vs ZSML.TO

Compare ZST.TO with Any Fund or Stock

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

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Diversifiers

Pair ZST.TO with funds that move differently

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

Explore ZST.TO Diversifiers

BMO Ultra Short-Term Bond ETF (ZST.TO) Alternatives