ZTL.NEO Alternatives & Similar ETFs

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

Cheapest Alternatives to ZTL.NEO

ZTL.NEO charges 0.23% annually. There are 2 ETFs in the Government Bonds category with lower expense ratios, going as low as 0.18%.

Symbol	Name	Expense Ratio	AUM	Inception
XTLH.TO	iShares 20+ Year U.S. Treasury Bond Index ETF (CAD...	0.18%	—	Feb 2023	ZTL.NEO vs XTLH.TO
XTLT.TO	iShares 20+ Year U.S. Treasury Bond Index ETF	0.18%	—	Feb 2023	ZTL.NEO vs XTLT.TO
HBND.TO	Hamilton U.S. Bond YIELD MAXIMIZER ETF (CAD Hedge...	0.45%	202.50M	Aug 2024	ZTL.NEO vs HBND.TO
HPYM.TO	Harvest Premium Yield 7-10 Year Treasury ETF - Cla...	0.45%	230.93M	Jan 2024	ZTL.NEO vs HPYM.TO

Best Risk-Adjusted Alternatives to ZTL.NEO

ZTL.NEO has a PortfoliosLab risk / return rank of 20. There are 5 ETFs in the Government Bonds category with higher risk-adjusted ranks, going as high as 39.

Symbol	Name	Risk / Return Rank	AUM	Inception
ZPS.TO	BMO Short Provincial Bond Index ETF	39	—	Oct 2009	ZTL.NEO vs ZPS.TO
ZFS.TO	BMO Short Federal Bond Index ETF	39	—	Oct 2009	ZTL.NEO vs ZFS.TO
BXF.TO	CI 1-5 Year Laddered Government Strip Bond Index E...	32	—	Jun 2013	ZTL.NEO vs BXF.TO
ZMP.TO	BMO Mid Provincial Bond Index ETF	28	—	Mar 2013	ZTL.NEO vs ZMP.TO
ZFM.TO	BMO Mid Federal Bond Index ETF	20	—	May 2009	ZTL.NEO vs ZFM.TO

Top Performing ZTL.NEO Alternatives (YTD)

ZTL.NEO is at 4.33% YTD. There is 1 ETF in the Government Bonds category with a higher YTD return, going as high as 4.36%.

Symbol	Name	YTD Return	AUM	Inception
XTLT.TO	iShares 20+ Year U.S. Treasury Bond Index ETF	4.36%	—	Feb 2023	ZTL.NEO vs XTLT.TO
ZPL.TO	BMO Long Provincial Bond Index ETF	3.53%	—	Mar 2013	ZTL.NEO vs ZPL.TO
ZMP.TO	BMO Mid Provincial Bond Index ETF	2.28%	—	Mar 2013	ZTL.NEO vs ZMP.TO
ZFM.TO	BMO Mid Federal Bond Index ETF	1.97%	—	May 2009	ZTL.NEO vs ZFM.TO
HBND.TO	Hamilton U.S. Bond YIELD MAXIMIZER ETF (CAD Hedge...	1.71%	202.50M	Aug 2024	ZTL.NEO vs HBND.TO

Lowest Volatility Alternatives to ZTL.NEO

ZTL.NEO has 9.77% 1-year volatility. There are 10 ETFs in the Government Bonds category with lower 1-year volatility, going as low as 1.97%.

Symbol	Name	Volatility 1Y	AUM	Inception
ZFS.TO	BMO Short Federal Bond Index ETF	1.97%	—	Oct 2009	ZTL.NEO vs ZFS.TO
ZPS.TO	BMO Short Provincial Bond Index ETF	2.30%	—	Oct 2009	ZTL.NEO vs ZPS.TO
BXF.TO	CI 1-5 Year Laddered Government Strip Bond Index E...	3.06%	—	Jun 2013	ZTL.NEO vs BXF.TO
FGO.TO	CI Enhanced Government Bond ETF	4.42%	—	Jul 2018	ZTL.NEO vs FGO.TO
ZMP.TO	BMO Mid Provincial Bond Index ETF	4.45%	—	Mar 2013	ZTL.NEO vs ZMP.TO

Lowest Drawdown Alternatives to ZTL.NEO

ZTL.NEO has a 1-year max drawdown of -9.01%. There are 10 ETFs in the Government Bonds category with shallower 1-year drawdowns, going as shallow as -1.44%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
ZPS.TO	BMO Short Provincial Bond Index ETF	-1.44%	—	Oct 2009	ZTL.NEO vs ZPS.TO
ZFS.TO	BMO Short Federal Bond Index ETF	-1.50%	—	Oct 2009	ZTL.NEO vs ZFS.TO
BXF.TO	CI 1-5 Year Laddered Government Strip Bond Index E...	-1.55%	—	Jun 2013	ZTL.NEO vs BXF.TO
FGO.TO	CI Enhanced Government Bond ETF	-2.82%	—	Jul 2018	ZTL.NEO vs FGO.TO
ZMP.TO	BMO Mid Provincial Bond Index ETF	-2.98%	—	Mar 2013	ZTL.NEO vs ZMP.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	1.17%	5.76B	Nov 2021	ZTL.NEO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	79	13.62%	23.98B	Nov 2012	ZTL.NEO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	83	14.64%	852.71M	Jan 2022	ZTL.NEO vs ZEQT.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities, Equal Weight	98	32.05%	6.36B	Oct 2009	ZTL.NEO vs ZEB.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	86	11.09%	17.03B	May 2009	ZTL.NEO vs ZCN.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	43	18.49%	3.09B	Jan 2010	ZTL.NEO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	76	23.99%	2.30B	Feb 2019	ZTL.NEO vs ZNQ.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	48	7.13%	6.32B	Oct 2011	ZTL.NEO vs ZLB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	22	2.13%	13.01B	Jan 2010	ZTL.NEO vs ZAG.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	97	19.50%	1.83B	Oct 2011	ZTL.NEO vs ZDV.TO

Often Compared With ZTL.NEO

Investors most often compare ZTL.NEO with HPYT.TO, IWM, ZUQ.TO. These 6 comparison targets span 4 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
HPYT.TO	Harvest Premium Yield Treasury ETF A	Derivative Income	13	0.57%	377.33M	May 2024	ZTL.NEO vs HPYT.TO
IWM	iShares Russell 2000 ETF	Small Cap Blend Equities	77	22.56%	83.18B	May 2000	ZTL.NEO vs IWM
ZUQ.TO	BMO MSCI USA High Quality Index ETF	Large Cap Blend Equities	56	14.21%	1.30B	Nov 2014	ZTL.NEO vs ZUQ.TO
ZLC.TO	BMO Long Corporate Bond Index ETF	Long-Term Bond	17	2.50%	288.23M	Jan 2010	ZTL.NEO vs ZLC.TO
VLB.TO	Vanguard Canadian Long-Term Bond Index ETF	Long-Term Bond	13	3.34%	296.30M	Jan 2017	ZTL.NEO vs VLB.TO
DTLE.L	iShares $ Treasury Bond 20+yr UCITS ETF EUR Hedged...	Long-Term Bond	11	-0.13%	867.42M	—	ZTL.NEO vs DTLE.L

Compare ZTL.NEO with Any Fund or Stock

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

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Diversifiers

Pair ZTL.NEO with funds that move differently

BMO Long-Term US Treasury Bond Index ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ZTL.NEO.

Explore ZTL.NEO Diversifiers

BMO Long-Term US Treasury Bond Index ETF (ZTL.NEO) Alternatives