ZST.TO Alternatives & Similar ETFs

BMO Ultra Short-Term Bond ETF (ZST.TO) belongs to the Ultrashort Bond 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 3 ETFs in the Ultrashort Bond category with lower expense ratios, going as low as 0.12%.

Symbol	Name	Expense Ratio	AUM	Inception
VVSG.TO	Vanguard Canadian Ultra-Short Government Bond Inde...	0.12%	214.29M	Sep 2024	ZST.TO vs VVSG.TO
UBIL-U.TO	Global X 0-3 Month U.S. T-Bill ETF USD	0.12%	590.21M	Apr 2023	ZST.TO vs UBIL-U.TO
TCSH.TO	TD Cash Management ETF	0.16%	—	Feb 2024	ZST.TO vs TCSH.TO
MNU-U.TO	Purpose USD Cash Management ETF	0.20%	—	Apr 2023	ZST.TO vs MNU-U.TO
DXV.TO	Dynamic Active Ultra Short Term Bond ETF	0.28%	344.32M	Mar 2018	ZST.TO vs DXV.TO

Best Risk-Adjusted Alternatives to ZST.TO

ZST.TO has a PortfoliosLab risk / return rank of 61. There are 7 ETFs in the Ultrashort Bond category with higher risk-adjusted ranks, going as high as 100.

Symbol	Name	Risk / Return Rank	AUM	Inception
UBIL-U.TO	Global X 0-3 Month U.S. T-Bill ETF USD	100	590.21M	Apr 2023	ZST.TO vs UBIL-U.TO
MNU-U.TO	Purpose USD Cash Management ETF	100	—	Apr 2023	ZST.TO vs MNU-U.TO
VVSG.TO	Vanguard Canadian Ultra-Short Government Bond Inde...	99	214.29M	Sep 2024	ZST.TO vs VVSG.TO
TCSH.TO	TD Cash Management ETF	99	—	Feb 2024	ZST.TO vs TCSH.TO
HFR.TO	Global X Active Ultra-Short Term Investment Grade ...	96	644.91M	Dec 2010	ZST.TO vs HFR.TO

Top Performing ZST.TO Alternatives (YTD)

ZST.TO is at 1.53% YTD. There are 5 ETFs in the Ultrashort Bond category with higher YTD returns, going as high as 2.16%.

Symbol	Name	YTD Return	AUM	Inception
MNU-U.TO	Purpose USD Cash Management ETF	2.16%	—	Apr 2023	ZST.TO vs MNU-U.TO
UBIL-U.TO	Global X 0-3 Month U.S. T-Bill ETF USD	2.03%	590.21M	Apr 2023	ZST.TO vs UBIL-U.TO
HFR.TO	Global X Active Ultra-Short Term Investment Grade ...	1.72%	644.91M	Dec 2010	ZST.TO vs HFR.TO
PMNT.TO	PIMCO Global Short Maturity Fund (Canada)	1.69%	677.60M	Feb 2019	ZST.TO vs PMNT.TO
DXV.TO	Dynamic Active Ultra Short Term Bond ETF	1.65%	344.32M	Mar 2018	ZST.TO vs DXV.TO

Lowest Volatility Alternatives to ZST.TO

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

Symbol	Name	Volatility 1Y	AUM	Inception
MNU-U.TO	Purpose USD Cash Management ETF	0.25%	—	Apr 2023	ZST.TO vs MNU-U.TO
UBIL-U.TO	Global X 0-3 Month U.S. T-Bill ETF USD	0.31%	590.21M	Apr 2023	ZST.TO vs UBIL-U.TO
VVSG.TO	Vanguard Canadian Ultra-Short Government Bond Inde...	0.34%	214.29M	Sep 2024	ZST.TO vs VVSG.TO
TCSH.TO	TD Cash Management ETF	0.44%	—	Feb 2024	ZST.TO vs TCSH.TO
HFR.TO	Global X Active Ultra-Short Term Investment Grade ...	1.24%	644.91M	Dec 2010	ZST.TO vs HFR.TO

Lowest Drawdown Alternatives to ZST.TO

ZST.TO has a 1-year max drawdown of -1.01%. There are 7 ETFs in the Ultrashort Bond category with shallower 1-year drawdowns, going as shallow as -0.04%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
UBIL-U.TO	Global X 0-3 Month U.S. T-Bill ETF USD	-0.04%	590.21M	Apr 2023	ZST.TO vs UBIL-U.TO
MNU-U.TO	Purpose USD Cash Management ETF	-0.09%	—	Apr 2023	ZST.TO vs MNU-U.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%	214.29M	Sep 2024	ZST.TO vs VVSG.TO
DXV.TO	Dynamic Active Ultra Short Term Bond ETF	-0.30%	344.32M	Mar 2018	ZST.TO vs DXV.TO

Other ETFs from BMO

The 10 most viewed BMO ETFs shown here include ZMMK.TO, ZSP.TO, ZEQT.TO and span 9 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	1.36%	5.83B	Nov 2021	ZST.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	69	12.26%	24.00B	Nov 2012	ZST.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	82	13.75%	924.58M	Jan 2022	ZST.TO vs ZEQT.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities, Equal Weight	98	32.90%	7.10B	Oct 2009	ZST.TO vs ZEB.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	90	12.49%	17.51B	May 2009	ZST.TO vs ZCN.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	32	10.75%	2.90B	Jan 2010	ZST.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	49	14.56%	2.26B	Feb 2019	ZST.TO vs ZNQ.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities, Low Volatility	56	7.74%	6.27B	Oct 2011	ZST.TO vs ZLB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	29	0.79%	13.09B	Jan 2010	ZST.TO vs ZAG.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	98	23.19%	1.91B	Oct 2011	ZST.TO vs ZDV.TO

Often Compared With ZST.TO

Investors most often compare ZST.TO with CASH.TO, CBIL.TO, VXC.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	1.20%	6.55B	Nov 2021	ZST.TO vs CASH.TO
CBIL.TO	Global X 0-3 Month T-Bill ETF	Canadian Government Bonds	99	1.23%	2.56B	Apr 2023	ZST.TO vs CBIL.TO
VXC.TO	Vanguard FTSE Global All Cap ex Canada Index ETF	Global Equities	76	13.53%	3.47B	Jun 2014	ZST.TO vs VXC.TO
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	Dividend	99	28.99%	8.59B	Nov 2012	ZST.TO vs VDY.TO
SGOV	iShares 0-3 Month Treasury Bond ETF	Ultrashort Bond	100	2.13%	99.95B	May 2020	ZST.TO vs SGOV
HSAV.TO	Global X Cash Maximizer Corporate Class ETF	Money Market	63	1.00%	1.93B	Feb 2020	ZST.TO vs HSAV.TO
MNY	MoneyHero Limited Class A Ordinary Shares		18	-26.19%	—	—	ZST.TO vs MNY
PSA.TO	Purpose High Interest Savings Fund	Money Market	100	1.27%	4.20B	Oct 2013	ZST.TO vs PSA.TO
XFR.TO	iShares Floating Rate Index ETF	Canadian Government Bonds	98	1.49%	803.49M	Dec 2011	ZST.TO vs XFR.TO
XFN.TO	iShares S&P/TSX Capped Financials Index ETF	Financials Equities, Canada Equities	97	24.02%	2.30B	Mar 2001	ZST.TO vs XFN.TO
ZFL.TO	BMO Long Federal Bond	Canadian Government Bonds	8	-1.11%	1.28B	May 2010	ZST.TO vs ZFL.TO
XSTH.TO	iShares 0-5 Year TIPS Bond Index ETF (CAD-Hedged)	Inflation-Protected Bonds	30	0.73%	—	Jul 2021	ZST.TO vs XSTH.TO
MNY.TO	Purpose Cash Management Fund	Money Market	100	1.36%	3.10B	Sep 2022	ZST.TO vs MNY.TO
XSAB.TO	iShares ESG Aware Canadian Aggregate Bond Index ET...	Canadian Government Bonds	23	0.42%	240.22M	Mar 2019	ZST.TO vs XSAB.TO
VUN.TO	Vanguard U.S. Total Market Index ETF	Large Cap Blend Equities	69	12.73%	18.99B	Aug 2013	ZST.TO vs VUN.TO
XSB.TO	iShares Core Canadian Short Term Bond Index ETF	Short-Term Bond, Canadian Government Bonds	51	0.98%	4.36B	Nov 2000	ZST.TO vs XSB.TO
XSTB.TO	iShares ESG Aware Canadian Short Term Bond Index E...	Canadian Government Bonds	55	1.00%	147.82M	Mar 2019	ZST.TO vs XSTB.TO
ZDB.TO	BMO Discount Bond	Canadian Government Bonds	22	0.42%	1.34B	Feb 2014	ZST.TO vs ZDB.TO
ZSB.TO	BMO Short-Term Bond Index ETF	Canadian Government Bonds	55	1.06%	187.22M	Mar 2018	ZST.TO vs ZSB.TO
ESGB	IQ MacKay ESG Core Plus Bond ETF	Intermediate Core-Plus Bond	—	—	172.11M	Jun 2021	ZST.TO vs ESGB

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