ZUB.TO Alternatives & Similar ETFs

BMO Equal Weight US Banks Hedged to CAD Index ETF (ZUB.TO) belongs to the Financials Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with ZUB.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to ZUB.TO

Among 20 ETFs in the Financials Equities category with expense-ratio data, the lowest-cost alternatives shown here go as low as 0.09%.

Symbol	Name	Expense Ratio	AUM	Inception
HBNK.TO	Global X Equal Weight Banks Index ETF	0.09%	—	Jul 2023	ZUB.TO vs HBNK.TO
HEB.TO	Hamilton Canadian Bank Equal-Weight Index ETF	0.19%	1.43B	Apr 2023	ZUB.TO vs HEB.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	0.25%	6.36B	Oct 2009	ZUB.TO vs ZEB.TO
HXF.TO	Global X S&P/TSX Capped Financials Index Corporate...	0.25%	131.70M	Sep 2013	ZUB.TO vs HXF.TO
XUSF.TO	iShares S&P U.S. Financials Index ETF	0.25%	—	Sep 2023	ZUB.TO vs XUSF.TO

Best Risk-Adjusted Alternatives to ZUB.TO

ZUB.TO has a PortfoliosLab risk / return rank of 37. There are 19 ETFs in the Financials Equities category with higher risk-adjusted ranks, going as high as 98.

Symbol	Name	Risk / Return Rank	AUM	Inception
CBNK.TO	Mulvihill Canadian Bank Enhanced Yield ETF	98	—	Feb 2022	ZUB.TO vs CBNK.TO
BNKL.TO	Global X Enhanced Equal Weight Banks Index ETF	98	—	Jul 2023	ZUB.TO vs BNKL.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	98	1.08B	Oct 2020	ZUB.TO vs HCAL.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	98	6.36B	Oct 2009	ZUB.TO vs ZEB.TO
HBNK.TO	Global X Equal Weight Banks Index ETF	98	—	Jul 2023	ZUB.TO vs HBNK.TO

Top Performing ZUB.TO Alternatives (YTD)

ZUB.TO is at 9.98% YTD. There are 20 ETFs in the Financials Equities category with higher YTD returns, going as high as 45.79%.

Symbol	Name	YTD Return	AUM	Inception
CFOU.TO	BetaPro S&P/TSX Capped Financials 2x Daily Bull ET...	45.79%	85.79M	Jun 2007	ZUB.TO vs CFOU.TO
CBNK.TO	Mulvihill Canadian Bank Enhanced Yield ETF	42.99%	—	Feb 2022	ZUB.TO vs CBNK.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	40.08%	1.08B	Oct 2020	ZUB.TO vs HCAL.TO
BNKL.TO	Global X Enhanced Equal Weight Banks Index ETF	39.44%	—	Jul 2023	ZUB.TO vs BNKL.TO
RBNK.TO	RBC Canadian Bank Yield Index ETF	32.73%	498.87M	Oct 2017	ZUB.TO vs RBNK.TO

Lowest Volatility Alternatives to ZUB.TO

ZUB.TO has 20.79% 1-year volatility. There are 22 ETFs in the Financials Equities category with lower 1-year volatility, going as low as 9.01%.

Symbol	Name	Volatility 1Y	AUM	Inception
FIE.TO	iShares Canadian Financial Monthly Income ETF	9.01%	1.41B	Apr 2010	ZUB.TO vs FIE.TO
CIC.TO	CI Canadian Banks Covered Call Income Class ETF	11.44%	348.80M	Aug 2010	ZUB.TO vs CIC.TO
ZWB.TO	BMO Covered Call Canadian Banks ETF	11.54%	4.68B	Jan 2011	ZUB.TO vs ZWB.TO
CEW.TO	iShares Equal Weight Banc & Lifeco ETF	11.79%	424.04M	Feb 2008	ZUB.TO vs CEW.TO
HPYB.TO	Harvest Premium Yield Canadian Bank ETF	11.89%	—	Jan 2026	ZUB.TO vs HPYB.TO

Lowest Drawdown Alternatives to ZUB.TO

ZUB.TO has a 1-year max drawdown of -17.10%. There are 23 ETFs in the Financials Equities category with shallower 1-year drawdowns, going as shallow as -7.13%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
CEW.TO	iShares Equal Weight Banc & Lifeco ETF	-7.13%	424.04M	Feb 2008	ZUB.TO vs CEW.TO
FIE.TO	iShares Canadian Financial Monthly Income ETF	-7.19%	1.41B	Apr 2010	ZUB.TO vs FIE.TO
XFN.TO	iShares S&P/TSX Capped Financials Index ETF	-7.80%	2.30B	Mar 2001	ZUB.TO vs XFN.TO
ZWB.TO	BMO Covered Call Canadian Banks ETF	-7.82%	4.68B	Jan 2011	ZUB.TO vs ZWB.TO
HXF.TO	Global X S&P/TSX Capped Financials Index Corporate...	-7.94%	131.70M	Sep 2013	ZUB.TO vs HXF.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	99	1.17%	5.76B	Nov 2021	ZUB.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	79	13.62%	23.98B	Nov 2012	ZUB.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	83	14.64%	852.71M	Jan 2022	ZUB.TO vs ZEQT.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	86	11.09%	17.03B	May 2009	ZUB.TO vs ZCN.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	43	18.49%	3.09B	Jan 2010	ZUB.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	76	23.99%	2.30B	Feb 2019	ZUB.TO vs ZNQ.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	48	7.13%	6.32B	Oct 2011	ZUB.TO vs ZLB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	22	2.13%	13.01B	Jan 2010	ZUB.TO vs ZAG.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	97	19.50%	1.83B	Oct 2011	ZUB.TO vs ZDV.TO
ZUQ.TO	BMO MSCI USA High Quality Index ETF	Large Cap Blend Equities	56	14.21%	1.30B	Nov 2014	ZUB.TO vs ZUQ.TO

Compare ZUB.TO with Any Fund or Stock

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

Symbol name

Diversifiers

Pair ZUB.TO with funds that move differently

BMO Equal Weight US Banks Hedged to CAD Index ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ZUB.TO.

Explore ZUB.TO Diversifiers

BMO Equal Weight US Banks Hedged to CAD Index ETF (ZUB.TO) Alternatives