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XSTP.TO vs. ZLB.TO
Performance
Return for Risk
Dividends
Drawdowns
Volatility

XSTP.TO vs. ZLB.TO

Last updated Apr 1, 2026

Compare and contrast key facts about iShares 0-5 Year TIPS Bond Index ETF (XSTP.TO) and BMO Low Volatility Canadian Equity ETF (ZLB.TO).

XSTP.TO and ZLB.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XSTP.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Gbl Core Bd GR CAD. It was launched on Jul 6, 2021. ZLB.TO is an actively managed fund by BMO. It was launched on Oct 21, 2011.

Performance

XSTP.TO vs. ZLB.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares 0-5 Year TIPS Bond Index ETF (XSTP.TO) and BMO Low Volatility Canadian Equity ETF (ZLB.TO). The values are adjusted to include any dividend payments, if applicable.

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XSTP.TO vs. ZLB.TO - Yearly Performance Comparison

2026 (YTD)20252024202320222021
XSTP.TO
iShares 0-5 Year TIPS Bond Index ETF		2.42%0.64%13.59%2.31%9.51%4.71%
ZLB.TO
BMO Low Volatility Canadian Equity ETF		1.42%20.31%15.20%9.29%-0.46%5.58%

Returns By Period

In the year-to-date period, XSTP.TO achieves a 2.42% return, which is significantly higher than ZLB.TO's 1.42% return.

XSTP.TO

1D
0.00%
1M
2.14%
YTD
2.42%
6M
0.89%
1Y
0.05%
3Y*
5.46%
5Y*
—
10Y*
—

ZLB.TO

1D
1.23%
1M
-2.74%
YTD
1.42%
6M
2.74%
1Y
15.44%
3Y*
12.86%
5Y*
11.57%
10Y*
10.13%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares 0-5 Year TIPS Bond Index ETF

BMO Low Volatility Canadian Equity ETF

Often compared with XSTP.TO:
XSTP.TO vs. XRB.TOXSTP.TO vs. MDMG.MEXSTP.TO vs. XST.TOXSTP.TO vs. XSB.TOXSTP.TO vs. PSA.TOXSTP.TO vs. MFC.TOXSTP.TO vs. XSE.TO
Often compared with ZLB.TO:
ZLB.TO vs. VDY.TOZLB.TO vs. XIU.TOZLB.TO vs. XDIV.TOZLB.TO vs. XMW.TOZLB.TO vs. XBAL.TOZLB.TO vs. XUT.TOZLB.TO vs. XUU-U.TO

XSTP.TO vs. ZLB.TO - Expense Ratio Comparison

XSTP.TO has a 0.16% expense ratio, which is lower than ZLB.TO's 0.39% expense ratio.

ZLB.TO
BMO Low Volatility Canadian Equity ETF
XSTP.TO
iShares 0-5 Year TIPS Bond Index ETF

Return for Risk

XSTP.TO vs. ZLB.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XSTP.TO
XSTP.TO Risk / Return Rank: 1212
Overall Rank
XSTP.TO Sharpe Ratio Rank: 1212
Sharpe Ratio Rank
XSTP.TO Sortino Ratio Rank: 1010
Sortino Ratio Rank
XSTP.TO Omega Ratio Rank: 1010
Omega Ratio Rank
XSTP.TO Calmar Ratio Rank: 1515
Calmar Ratio Rank
XSTP.TO Martin Ratio Rank: 1414
Martin Ratio Rank
ZLB.TO
ZLB.TO Risk / Return Rank: 8282
Overall Rank
ZLB.TO Sharpe Ratio Rank: 8181
Sharpe Ratio Rank
ZLB.TO Sortino Ratio Rank: 8080
Sortino Ratio Rank
ZLB.TO Omega Ratio Rank: 8181
Omega Ratio Rank
ZLB.TO Calmar Ratio Rank: 8787
Calmar Ratio Rank
ZLB.TO Martin Ratio Rank: 8282
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XSTP.TO vs. ZLB.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares 0-5 Year TIPS Bond Index ETF (XSTP.TO) and BMO Low Volatility Canadian Equity ETF (ZLB.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

XSTP.TOZLB.TODifference

Sharpe ratio

Return per unit of total volatility

0.01

1.48

-1.47

Sortino ratio

Return per unit of downside risk

0.05

1.99

-1.94

Omega ratio

Gain probability vs. loss probability

1.01

1.30

-0.29

Calmar ratio

Return relative to maximum drawdown

0.13

2.57

-2.44

Martin ratio

Return relative to average drawdown

0.24

8.71

-8.46

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XSTP.TO vs. ZLB.TO - Sharpe Ratio Comparison

The current XSTP.TO Sharpe Ratio is 0.01, which is lower than the ZLB.TO Sharpe Ratio of 1.48. The chart below compares the historical Sharpe Ratios of XSTP.TO and ZLB.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

XSTP.TOZLB.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.01

1.48

-1.47

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

1.22

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.84

—

Sharpe Ratio (All Time)

Calculated using the full available price history

1.01

1.12

-0.11

Correlation

The correlation between XSTP.TO and ZLB.TO is -0.12. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

XSTP.TO vs. ZLB.TO - Dividend Comparison

XSTP.TO's dividend yield for the trailing twelve months is around 4.03%, more than ZLB.TO's 1.92% yield.

TTM20252024202320222021202020192018201720162015
XSTP.TO
iShares 0-5 Year TIPS Bond Index ETF		4.03%4.06%2.41%3.08%5.70%2.19%0.00%0.00%0.00%0.00%0.00%0.00%
ZLB.TO
BMO Low Volatility Canadian Equity ETF		1.92%1.93%2.28%2.56%2.56%2.29%2.72%2.34%2.65%2.42%2.82%2.25%

Drawdowns

XSTP.TO vs. ZLB.TO - Drawdown Comparison

The maximum XSTP.TO drawdown since its inception was -5.68%, smaller than the maximum ZLB.TO drawdown of -33.96%. Use the drawdown chart below to compare losses from any high point for XSTP.TO and ZLB.TO.

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Drawdown Indicators

XSTP.TOZLB.TODifference

Max Drawdown

Largest peak-to-trough decline

-5.68%

-33.96%

+28.28%

Max Drawdown (1Y)

Largest decline over 1 year

-5.05%

-6.53%

+1.48%

Max Drawdown (5Y)

Largest decline over 5 years

—

-13.04%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-33.96%

—

Current Drawdown

Current decline from peak

-1.22%

-3.08%

+1.86%

Average Drawdown

Average peak-to-trough decline

-1.66%

-2.51%

+0.85%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.91%

1.93%

+0.98%

Volatility

XSTP.TO vs. ZLB.TO - Volatility Comparison

The current volatility for iShares 0-5 Year TIPS Bond Index ETF (XSTP.TO) is 1.35%, while BMO Low Volatility Canadian Equity ETF (ZLB.TO) has a volatility of 3.64%. This indicates that XSTP.TO experiences smaller price fluctuations and is considered to be less risky than ZLB.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

XSTP.TOZLB.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

1.35%

3.64%

-2.29%

Volatility (6M)

Calculated over the trailing 6-month period

3.96%

7.64%

-3.68%

Volatility (1Y)

Calculated over the trailing 1-year period

5.67%

10.52%

-4.85%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

7.18%

9.57%

-2.39%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

7.18%

12.19%

-5.01%