ZST.TO vs. XFN.TO
Compare and contrast key facts about BMO Ultra Short-Term Bond ETF (ZST.TO) and iShares S&P/TSX Capped Financials Index ETF (XFN.TO).
ZST.TO and XFN.TO 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. XFN.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Gbl Fin Svc GR CAD. It was launched on Mar 23, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ZST.TO or XFN.TO.
Correlation
The correlation between ZST.TO and XFN.TO is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ZST.TO vs. XFN.TO - Performance Comparison
Key characteristics
ZST.TO:
11.38
XFN.TO:
2.84
ZST.TO:
28.37
XFN.TO:
3.76
ZST.TO:
6.93
XFN.TO:
1.53
ZST.TO:
48.67
XFN.TO:
4.90
ZST.TO:
271.49
XFN.TO:
16.51
ZST.TO:
0.02%
XFN.TO:
1.77%
ZST.TO:
0.44%
XFN.TO:
10.29%
ZST.TO:
-1.06%
XFN.TO:
-56.55%
ZST.TO:
-0.01%
XFN.TO:
-1.73%
Returns By Period
In the year-to-date period, ZST.TO achieves a 0.51% return, which is significantly lower than XFN.TO's 1.52% return. Over the past 10 years, ZST.TO has underperformed XFN.TO with an annualized return of 2.28%, while XFN.TO has yielded a comparatively higher 10.69% annualized return.
ZST.TO
0.51%
0.31%
2.21%
5.01%
2.78%
2.28%
XFN.TO
1.52%
-0.07%
18.05%
30.04%
11.69%
10.69%
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ZST.TO vs. XFN.TO - Expense Ratio Comparison
ZST.TO has a 0.17% expense ratio, which is lower than XFN.TO's 0.61% expense ratio.
Risk-Adjusted Performance
ZST.TO vs. XFN.TO — Risk-Adjusted Performance Rank
ZST.TO
XFN.TO
ZST.TO vs. XFN.TO - 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 S&P/TSX Capped Financials Index ETF (XFN.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.
Dividends
ZST.TO vs. XFN.TO - Dividend Comparison
ZST.TO's dividend yield for the trailing twelve months is around 4.58%, more than XFN.TO's 3.04% 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% |
XFN.TO iShares S&P/TSX Capped Financials Index ETF | 3.04% | 3.16% | 3.60% | 3.48% | 2.67% | 3.35% | 3.00% | 3.43% | 2.73% | 2.83% | 3.17% | 2.95% |
Drawdowns
ZST.TO vs. XFN.TO - Drawdown Comparison
The maximum ZST.TO drawdown since its inception was -1.06%, smaller than the maximum XFN.TO drawdown of -56.55%. Use the drawdown chart below to compare losses from any high point for ZST.TO and XFN.TO. For additional features, visit the drawdowns tool.
Volatility
ZST.TO vs. XFN.TO - Volatility Comparison
The current volatility for BMO Ultra Short-Term Bond ETF (ZST.TO) is 1.61%, while iShares S&P/TSX Capped Financials Index ETF (XFN.TO) has a volatility of 2.54%. This indicates that ZST.TO experiences smaller price fluctuations and is considered to be less risky than XFN.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.