ZTIP.TO Alternatives & Similar ETFs

BMO Short-Term US TIPS Index ETF (ZTIP.TO) belongs to the Inflation-Protected Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with ZTIP.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to ZTIP.TO

ZTIP.TO charges 0.17% annually. There are 3 ETFs in the Inflation-Protected Bonds category with lower expense ratios, going as low as 0.15%.

Symbol	Name	Expense Ratio	AUM	Inception
QTIP.NEO	Mackenzie US TIPS Index ETF (CAD-Hedged)	0.15%	293.47M	Jan 2018	ZTIP.TO vs QTIP.NEO
XSTP.TO	iShares 0-5 Year TIPS Bond Index ETF	0.16%	—	Jul 2021	ZTIP.TO vs XSTP.TO
XSTH.TO	iShares 0-5 Year TIPS Bond Index ETF (CAD-Hedged)	0.16%	—	Jul 2021	ZTIP.TO vs XSTH.TO
ZRR.TO	BMO Real Return Bond Index ETF	0.28%	103.10M	May 2010	ZTIP.TO vs ZRR.TO
XRB.TO	iShares Canadian Real Return Bond Index ETF	0.39%	272.46M	Dec 2005	ZTIP.TO vs XRB.TO

Best Risk-Adjusted Alternatives to ZTIP.TO

ZTIP.TO has a PortfoliosLab risk / return rank of 48. No ETFs in the Inflation-Protected Bonds category have higher risk-adjusted ranks; the top alternatives shown here go as high as 30.

Symbol	Name	Risk / Return Rank	AUM	Inception
ZRR.TO	BMO Real Return Bond Index ETF	30	103.10M	May 2010	ZTIP.TO vs ZRR.TO
XSTP.TO	iShares 0-5 Year TIPS Bond Index ETF	30	—	Jul 2021	ZTIP.TO vs XSTP.TO
XRB.TO	iShares Canadian Real Return Bond Index ETF	30	272.46M	Dec 2005	ZTIP.TO vs XRB.TO
XSTH.TO	iShares 0-5 Year TIPS Bond Index ETF (CAD-Hedged)	28	—	Jul 2021	ZTIP.TO vs XSTH.TO
QTIP.NEO	Mackenzie US TIPS Index ETF (CAD-Hedged)	17	293.47M	Jan 2018	ZTIP.TO vs QTIP.NEO

Top Performing ZTIP.TO Alternatives (YTD)

ZTIP.TO is at 4.15% YTD. No ETFs in the Inflation-Protected Bonds category have higher YTD returns; the top-performing alternatives shown here go as high as 4.14%.

Symbol	Name	YTD Return	AUM	Inception
XSTP.TO	iShares 0-5 Year TIPS Bond Index ETF	4.14%	—	Jul 2021	ZTIP.TO vs XSTP.TO
XRB.TO	iShares Canadian Real Return Bond Index ETF	3.73%	272.46M	Dec 2005	ZTIP.TO vs XRB.TO
ZRR.TO	BMO Real Return Bond Index ETF	3.36%	103.10M	May 2010	ZTIP.TO vs ZRR.TO
XSTH.TO	iShares 0-5 Year TIPS Bond Index ETF (CAD-Hedged)	0.82%	—	Jul 2021	ZTIP.TO vs XSTH.TO
QTIP.NEO	Mackenzie US TIPS Index ETF (CAD-Hedged)	0.24%	293.47M	Jan 2018	ZTIP.TO vs QTIP.NEO

Lowest Volatility Alternatives to ZTIP.TO

ZTIP.TO has 4.24% 1-year volatility. There are 2 ETFs in the Inflation-Protected Bonds category with lower 1-year volatility, going as low as 2.38%.

Symbol	Name	Volatility 1Y	AUM	Inception
XSTH.TO	iShares 0-5 Year TIPS Bond Index ETF (CAD-Hedged)	2.38%	—	Jul 2021	ZTIP.TO vs XSTH.TO
QTIP.NEO	Mackenzie US TIPS Index ETF (CAD-Hedged)	3.68%	293.47M	Jan 2018	ZTIP.TO vs QTIP.NEO
XSTP.TO	iShares 0-5 Year TIPS Bond Index ETF	4.91%	—	Jul 2021	ZTIP.TO vs XSTP.TO
ZRR.TO	BMO Real Return Bond Index ETF	6.37%	103.10M	May 2010	ZTIP.TO vs ZRR.TO
XRB.TO	iShares Canadian Real Return Bond Index ETF	6.86%	272.46M	Dec 2005	ZTIP.TO vs XRB.TO

Lowest Drawdown Alternatives to ZTIP.TO

ZTIP.TO has a 1-year max drawdown of -3.78%. There are 2 ETFs in the Inflation-Protected Bonds category with shallower 1-year drawdowns, going as shallow as -1.49%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
XSTH.TO	iShares 0-5 Year TIPS Bond Index ETF (CAD-Hedged)	-1.49%	—	Jul 2021	ZTIP.TO vs XSTH.TO
QTIP.NEO	Mackenzie US TIPS Index ETF (CAD-Hedged)	-2.02%	293.47M	Jan 2018	ZTIP.TO vs QTIP.NEO
ZRR.TO	BMO Real Return Bond Index ETF	-4.00%	103.10M	May 2010	ZTIP.TO vs ZRR.TO
XRB.TO	iShares Canadian Real Return Bond Index ETF	-4.69%	272.46M	Dec 2005	ZTIP.TO vs XRB.TO
XSTP.TO	iShares 0-5 Year TIPS Bond Index ETF	-5.14%	—	Jul 2021	ZTIP.TO vs XSTP.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	ZTIP.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	78	13.65%	24.35B	Nov 2012	ZTIP.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	83	14.44%	895.11M	Jan 2022	ZTIP.TO vs ZEQT.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities, Equal Weight	98	36.93%	7.20B	Oct 2009	ZTIP.TO vs ZEB.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	90	12.95%	17.34B	May 2009	ZTIP.TO vs ZCN.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	38	15.43%	3.09B	Jan 2010	ZTIP.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	64	19.67%	2.35B	Feb 2019	ZTIP.TO vs ZNQ.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	53	7.89%	6.24B	Oct 2011	ZTIP.TO vs ZLB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	33	1.25%	13.13B	Jan 2010	ZTIP.TO vs ZAG.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	98	22.62%	1.86B	Oct 2011	ZTIP.TO vs ZDV.TO

Often Compared With ZTIP.TO

Investors most often compare ZTIP.TO with SMH, ZUQ.TO, AVDV. These 15 comparison targets span 16 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
SMH	VanEck Semiconductor ETF	Semiconductors, Technology Equities	92	64.04%	73.62B	Dec 2011	ZTIP.TO vs SMH
ZUQ.TO	BMO MSCI USA High Quality Index ETF	Large Cap Blend Equities	54	13.18%	1.32B	Nov 2014	ZTIP.TO vs ZUQ.TO
AVDV	Avantis International Small Cap Value ETF	Foreign Small & Mid Cap Equities	76	13.26%	18.99B	Sep 2019	ZTIP.TO vs AVDV
VOO	Vanguard S&P 500 ETF	S&P 500	70	11.30%	1.70T	Sep 2010	ZTIP.TO vs VOO
XLV	State Street Health Care Select Sector SPDR ETF	Health & Biotech Equities	48	3.13%	41.65B	Dec 1998	ZTIP.TO vs XLV
PHYS	Sprott Physical Gold Trust		64	-7.42%	—	—	ZTIP.TO vs PHYS
XTLT.TO	iShares 20+ Year U.S. Treasury Bond Index ETF	Government Bonds, Long-Term Bond	16	1.14%	—	Feb 2023	ZTIP.TO vs XTLT.TO
AVUV	Avantis US Small Cap Value ETF	Small Cap Value Equities	85	23.01%	28.73B	Sep 2019	ZTIP.TO vs AVUV
AVIV	Avantis International Large Cap Value ETF	Foreign Large Cap Equities, Large Cap Value Equities, Actively Managed	81	12.80%	1.89B	Sep 2021	ZTIP.TO vs AVIV
BIL	SPDR Bloomberg 1-3 Month T-Bill ETF	Government Bonds, Ultrashort Bond	100	1.91%	46.75B	May 2007	ZTIP.TO vs BIL
AVEM	Avantis Emerging Markets Equity ETF	Emerging Markets Equities	60	20.22%	25.69B	Sep 2019	ZTIP.TO vs AVEM
AVLV	Avantis U.S. Large Cap Value ETF	Large Cap Value Equities	94	21.74%	16.76B	Sep 2021	ZTIP.TO vs AVLV
CBIL.TO	Global X 0-3 Month T-Bill ETF	Canadian Government Bonds	99	1.10%	2.39B	Apr 2023	ZTIP.TO vs CBIL.TO
ZWT.TO	BMO Covered Call Technology ETF	Technology Equities, Derivative Income	50	16.20%	—	Jan 2021	ZTIP.TO vs ZWT.TO
XLK	State Street Technology Select Sector SPDR ETF	Technology Equities	61	26.43%	120.59B	Dec 1998	ZTIP.TO vs XLK

Compare ZTIP.TO with Any Fund or Stock

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

Symbol name

Diversifiers

Pair ZTIP.TO with funds that move differently

BMO Short-Term US TIPS Index ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ZTIP.TO.

Explore ZTIP.TO Diversifiers

BMO Short-Term US TIPS Index ETF (ZTIP.TO) Alternatives