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%	198.70M	Aug 2024	ZTL.NEO vs HBND.TO
HPYM.TO	Harvest Premium Yield 7-10 Year Treasury ETF - Cla...	0.45%	226.83M	Jan 2024	ZTL.NEO vs HPYM.TO

Best Risk-Adjusted Alternatives to ZTL.NEO

ZTL.NEO has a PortfoliosLab risk / return rank of 17. No ETFs in the Government Bonds category have higher risk-adjusted ranks; the top alternatives shown here go as high as 17.

Symbol	Name	Risk / Return Rank	AUM	Inception
HPYM.TO	Harvest Premium Yield 7-10 Year Treasury ETF - Cla...	17	226.83M	Jan 2024	ZTL.NEO vs HPYM.TO
HBND.TO	Hamilton U.S. Bond YIELD MAXIMIZER ETF (CAD Hedge...	15	198.70M	Aug 2024	ZTL.NEO vs HBND.TO
XTLT.TO	iShares 20+ Year U.S. Treasury Bond Index ETF	15	—	Feb 2023	ZTL.NEO vs XTLT.TO
XTLH.TO	iShares 20+ Year U.S. Treasury Bond Index ETF (CAD...	11	—	Feb 2023	ZTL.NEO vs XTLH.TO

Top Performing ZTL.NEO Alternatives (YTD)

ZTL.NEO is at 1.22% YTD. There is 1 ETF in the Government Bonds category with a higher YTD return, going as high as 1.24%.

Symbol	Name	YTD Return	AUM	Inception
XTLT.TO	iShares 20+ Year U.S. Treasury Bond Index ETF	1.24%	—	Feb 2023	ZTL.NEO vs XTLT.TO
HBND.TO	Hamilton U.S. Bond YIELD MAXIMIZER ETF (CAD Hedge...	-0.06%	198.70M	Aug 2024	ZTL.NEO vs HBND.TO
XTLH.TO	iShares 20+ Year U.S. Treasury Bond Index ETF (CAD...	-0.87%	—	Feb 2023	ZTL.NEO vs XTLH.TO
HPYM.TO	Harvest Premium Yield 7-10 Year Treasury ETF - Cla...	-1.11%	226.83M	Jan 2024	ZTL.NEO vs HPYM.TO

Lowest Volatility Alternatives to ZTL.NEO

ZTL.NEO has 9.71% 1-year volatility. There are 2 ETFs in the Government Bonds category with lower 1-year volatility, going as low as 4.53%.

Symbol	Name	Volatility 1Y	AUM	Inception
HPYM.TO	Harvest Premium Yield 7-10 Year Treasury ETF - Cla...	4.53%	226.83M	Jan 2024	ZTL.NEO vs HPYM.TO
HBND.TO	Hamilton U.S. Bond YIELD MAXIMIZER ETF (CAD Hedge...	8.70%	198.70M	Aug 2024	ZTL.NEO vs HBND.TO
XTLH.TO	iShares 20+ Year U.S. Treasury Bond Index ETF (CAD...	9.72%	—	Feb 2023	ZTL.NEO vs XTLH.TO
XTLT.TO	iShares 20+ Year U.S. Treasury Bond Index ETF	10.21%	—	Feb 2023	ZTL.NEO vs XTLT.TO

Lowest Drawdown Alternatives to ZTL.NEO

ZTL.NEO has a 1-year max drawdown of -9.01%. There are 3 ETFs in the Government Bonds category with shallower 1-year drawdowns, going as shallow as -3.85%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
HPYM.TO	Harvest Premium Yield 7-10 Year Treasury ETF - Cla...	-3.85%	226.83M	Jan 2024	ZTL.NEO vs HPYM.TO
HBND.TO	Hamilton U.S. Bond YIELD MAXIMIZER ETF (CAD Hedge...	-6.76%	198.70M	Aug 2024	ZTL.NEO vs HBND.TO
XTLH.TO	iShares 20+ Year U.S. Treasury Bond Index ETF (CAD...	-8.37%	—	Feb 2023	ZTL.NEO vs XTLH.TO
XTLT.TO	iShares 20+ Year U.S. Treasury Bond Index ETF	-9.72%	—	Feb 2023	ZTL.NEO vs XTLT.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	0.99%	5.70B	Nov 2021	ZTL.NEO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	77	12.66%	23.82B	Nov 2012	ZTL.NEO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	80	13.63%	789.04M	Jan 2022	ZTL.NEO vs ZEQT.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities	96	21.18%	5.16B	Oct 2009	ZTL.NEO vs ZEB.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	85	12.08%	16.67B	May 2009	ZTL.NEO vs ZCN.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	68	19.23%	3.25B	Jan 2010	ZTL.NEO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	75	22.24%	2.28B	Feb 2019	ZTL.NEO vs ZNQ.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	62	4.04%	6.10B	Oct 2011	ZTL.NEO vs ZLB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	21	1.70%	12.80B	Jan 2010	ZTL.NEO vs ZAG.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	89	19.98%	1.72B	Oct 2011	ZTL.NEO vs ZDV.TO

Often Compared With ZTL.NEO

Investors most often compare ZTL.NEO with HPYT.TO, ZUQ.TO, IWM. These 5 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	16	-0.04%	385.04M	May 2024	ZTL.NEO vs HPYT.TO
ZUQ.TO	BMO MSCI USA High Quality Index ETF	Large Cap Blend Equities	44	10.45%	1.24B	Nov 2014	ZTL.NEO vs ZUQ.TO
IWM	iShares Russell 2000 ETF	Small Cap Blend Equities	68	18.84%	80.93B	May 2000	ZTL.NEO vs IWM
ZLC.TO	BMO Long Corporate Bond Index ETF	Long-Term Bond	18	2.51%	297.95M	Jan 2010	ZTL.NEO vs ZLC.TO
VLB.TO	Vanguard Canadian Long-Term Bond Index ETF	Long-Term Bond	13	2.84%	296.24M	Jan 2017	ZTL.NEO vs VLB.TO

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