ZST.TO vs. SGOV
Compare and contrast key facts about BMO Ultra Short-Term Bond ETF (ZST.TO) and iShares 0-3 Month Treasury Bond ETF (SGOV).
ZST.TO and SGOV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ZST.TO is an actively managed fund by BMO. It was launched on Jan 27, 2011. SGOV is a passively managed fund by iShares that tracks the performance of the ICE 0-3 Month US Treasury Bill Index. It was launched on May 26, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ZST.TO or SGOV.
Correlation
The correlation between ZST.TO and SGOV is -0.03. 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.
Performance
ZST.TO vs. SGOV - Performance Comparison
Key characteristics
ZST.TO:
11.22
SGOV:
22.31
ZST.TO:
28.25
SGOV:
506.73
ZST.TO:
6.89
SGOV:
507.73
ZST.TO:
49.51
SGOV:
519.67
ZST.TO:
259.53
SGOV:
8,249.44
ZST.TO:
0.02%
SGOV:
0.00%
ZST.TO:
0.44%
SGOV:
0.23%
ZST.TO:
-1.06%
SGOV:
-0.03%
ZST.TO:
0.00%
SGOV:
0.00%
Returns By Period
In the year-to-date period, ZST.TO achieves a 0.51% return, which is significantly lower than SGOV's 0.56% return.
ZST.TO
0.51%
0.33%
2.21%
4.92%
2.79%
2.30%
SGOV
0.56%
0.34%
2.37%
5.12%
N/A
N/A
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ZST.TO vs. SGOV - Expense Ratio Comparison
ZST.TO has a 0.17% expense ratio, which is higher than SGOV's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
ZST.TO vs. SGOV — Risk-Adjusted Performance Rank
ZST.TO
SGOV
ZST.TO vs. SGOV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BMO Ultra Short-Term Bond ETF (ZST.TO) and iShares 0-3 Month Treasury Bond ETF (SGOV). 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.
Dividends
ZST.TO vs. SGOV - Dividend Comparison
ZST.TO's dividend yield for the trailing twelve months is around 4.58%, less than SGOV's 4.99% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ZST.TO BMO Ultra Short-Term Bond ETF | 4.58% | 4.70% | 4.84% | 2.78% | 2.31% | 2.68% | 2.84% | 3.47% | 4.09% | 3.96% | 3.94% | 3.39% |
SGOV iShares 0-3 Month Treasury Bond ETF | 4.99% | 5.10% | 4.87% | 1.45% | 0.03% | 0.05% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
ZST.TO vs. SGOV - Drawdown Comparison
The maximum ZST.TO drawdown since its inception was -1.06%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for ZST.TO and SGOV. For additional features, visit the drawdowns tool.
Volatility
ZST.TO vs. SGOV - Volatility Comparison
BMO Ultra Short-Term Bond ETF (ZST.TO) has a higher volatility of 1.94% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.05%. This indicates that ZST.TO's price experiences larger fluctuations and is considered to be riskier than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.