ZFH.TO Alternatives & Similar ETFs

BMO Floating Rate High Yield ETF (ZFH.TO) belongs to the High Yield Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with ZFH.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to ZFH.TO

ZFH.TO charges 0.40% annually. There are 72 ETFs in the High Yield Bonds category with lower expense ratios, going as low as 0.03%.

Symbol	Name	Expense Ratio	AUM	Inception
SCYB	Schwab High Yield Bond ETF	0.03%	2.54B	Jul 2023	ZFH.TO vs SCYB
SPHY	SPDR Portfolio High Yield Bond ETF	0.05%	11.07B	Jun 2012	ZFH.TO vs SPHY
USHY	iShares Broad USD High Yield Corporate Bond ETF	0.15%	26.83B	Oct 2017	ZFH.TO vs USHY
HYLB	Xtrackers USD High Yield Corporate Bond ETF	0.15%	3.48B	Dec 2016	ZFH.TO vs HYLB
BBHY	JPMorgan BetaBuilders USD High Yield Corporate Bon...	0.15%	608.96M	Sep 2016	ZFH.TO vs BBHY

Best Risk-Adjusted Alternatives to ZFH.TO

ZFH.TO has a PortfoliosLab risk / return rank of 43. There are 106 ETFs in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 99.

Symbol	Name	Risk / Return Rank	AUM	Inception
SUBD.AX	Vaneck Australian Subordinated Debt ETF	99	—	Oct 2019	ZFH.TO vs SUBD.AX
IBHE	iShares iBonds 2025 Term High Yield & Income ETF	97	364.90M	May 2019	ZFH.TO vs IBHE
BSJQ	Invesco BulletShares 2026 High Yield Corp Bond ETF	95	1.03B	Aug 2018	ZFH.TO vs BSJQ
XHYE	BondBloxx US High Yield Energy Sector ETF	94	5.96M	Feb 2022	ZFH.TO vs XHYE
FLRT	Pacific Global Senior Loan ETF	85	615.17M	Feb 2015	ZFH.TO vs FLRT

Top Performing ZFH.TO Alternatives (YTD)

ZFH.TO is at 2.17% YTD. There are 20 ETFs in the High Yield Bonds category with higher YTD returns, going as high as 14.37%.

Symbol	Name	YTD Return	AUM	Inception
DADS	Digital Asset Debt Strategy ETF	14.37%	—	Aug 2025	ZFH.TO vs DADS
GFEA.DE	VanEck Global Fallen Angel High Yield Bond UCITS E...	5.78%	—	Mar 2018	ZFH.TO vs GFEA.DE
HYEM	VanEck Vectors Emerging Markets High Yield Bond ET...	3.92%	510.68M	May 2012	ZFH.TO vs HYEM
XHYE	BondBloxx US High Yield Energy Sector ETF	3.57%	5.96M	Feb 2022	ZFH.TO vs XHYE
GFGB.L	VanEck Global Fallen Angel High Yield Bond UCITS E...	3.56%	41.97M	Mar 2018	ZFH.TO vs GFGB.L

Lowest Volatility Alternatives to ZFH.TO

ZFH.TO has 3.92% 1-year volatility. There are 99 ETFs in the High Yield Bonds category with lower 1-year volatility, going as low as 0.00%.

Symbol	Name	Volatility 1Y	AUM	Inception
IBHD	iShares iBonds 2024 Term High Yield & Income ETF	0.00%	310.08M	May 2019	ZFH.TO vs IBHD
BSJO	Invesco BulletShares 2024 High Yield Corporate Bon...	0.00%	437.22M	Sep 2016	ZFH.TO vs BSJO
ESHY	Xtrackers J.P. Morgan ESG USD High Yield Corporate...	0.00%	6.49M	Mar 2015	ZFH.TO vs ESHY
HYXU	iShares Euro High Yield Corporate Bond USD Hedged ...	0.00%	71.08M	Apr 2012	ZFH.TO vs HYXU
IBHE	iShares iBonds 2025 Term High Yield & Income ETF	0.78%	364.90M	May 2019	ZFH.TO vs IBHE

Lowest Drawdown Alternatives to ZFH.TO

ZFH.TO has a 1-year max drawdown of -3.27%. There are 122 ETFs in the High Yield Bonds category with shallower 1-year drawdowns, going as shallow as -0.22%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
IBHE	iShares iBonds 2025 Term High Yield & Income ETF	-0.22%	364.90M	May 2019	ZFH.TO vs IBHE
SUBD.AX	Vaneck Australian Subordinated Debt ETF	-0.24%	—	Oct 2019	ZFH.TO vs SUBD.AX
BSJQ	Invesco BulletShares 2026 High Yield Corp Bond ETF	-0.54%	1.03B	Aug 2018	ZFH.TO vs BSJQ
IBHG	iShares iBonds 2027 Term High Yield and Income ETF	-0.73%	437.71M	Jul 2021	ZFH.TO vs IBHG
BSJR	Invesco BulletShares 2027 High Yield Corporate Bon...	-1.16%	849.28M	Sep 2019	ZFH.TO vs BSJR

Other ETFs from BMO

The 10 most viewed BMO ETFs shown here include ZMMK.TO, ZSP.TO, FNGS and span 8 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	0.95%	5.70B	Nov 2021	ZFH.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	72	12.15%	23.82B	Nov 2012	ZFH.TO vs ZSP.TO
FNGS	MicroSectors FANG+ ETN	Large Cap Growth Equities	34	16.26%	554.66M	Nov 2019	ZFH.TO vs FNGS
ZEQT.TO	BMO All-Equity ETF	Global Equities	75	13.04%	789.04M	Jan 2022	ZFH.TO vs ZEQT.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities	96	19.22%	5.16B	Oct 2009	ZFH.TO vs ZEB.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	80	10.70%	16.67B	May 2009	ZFH.TO vs ZCN.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	67	19.82%	3.25B	Jan 2010	ZFH.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	74	22.76%	2.28B	Feb 2019	ZFH.TO vs ZNQ.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	54	3.14%	6.10B	Oct 2011	ZFH.TO vs ZLB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	21	1.70%	12.80B	Jan 2010	ZFH.TO vs ZAG.TO

Often Compared With ZFH.TO

Investors most often compare ZFH.TO with DXV.TO, ZCS.TO, XSI.TO. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
DXV.TO	Dynamic Active Investment Grade Floating Rate ETF		83	1.25%	344.32M	—	ZFH.TO vs DXV.TO
ZCS.TO	BMO Short Corporate Bond Index ETF	Canadian Government Bonds	56	1.29%	4.34B	Oct 2009	ZFH.TO vs ZCS.TO
XSI.TO	iShares Short Term Strategic Fixed Income ETF	High Yield Bonds	26	0.57%	46.96M	Jan 2015	ZFH.TO vs XSI.TO
XSH.TO	iShares Core Canadian Short Term Corporate Bond In...	Canadian Government Bonds	53	1.33%	2.40B	Sep 2011	ZFH.TO vs XSH.TO
VAB.TO	Vanguard Canadian Aggregate Bond Index ETF	Canadian Government Bonds	21	1.62%	7.35B	Nov 2011	ZFH.TO vs VAB.TO
XSB.TO	iShares Core Canadian Short Term Bond Index ETF	Canadian Government Bonds	41	1.03%	4.21B	Nov 2000	ZFH.TO vs XSB.TO
FLOT	iShares Floating Rate Bond ETF	Corporate Bonds	98	1.89%	9.51B	Jun 2011	ZFH.TO vs FLOT
XSTP.TO	iShares 0-5 Year TIPS Bond Index ETF	Inflation-Protected Bonds	28	3.35%	—	Jul 2021	ZFH.TO vs XSTP.TO
XHY.TO	iShares U.S. High Yield Bond Index ETF (CAD-Hedged...	High Yield Bonds	32	0.95%	1.09B	Jan 2010	ZFH.TO vs XHY.TO
ZSB.TO	BMO Short-Term Bond Index ETF	Canadian Government Bonds	41	0.96%	173.02M	Mar 2018	ZFH.TO vs ZSB.TO
CVD.TO	iShares Convertible Bond Index ETF	High Yield Bonds	33	3.23%	126.41M	Jun 2011	ZFH.TO vs CVD.TO
IS3K.DE	iShares USD Short Duration High Yield Corporate Bo...	High Yield Bonds	21	2.58%	—	Oct 2013	ZFH.TO vs IS3K.DE
ZCB.TO	BMO Corporate Bond Index ETF	Corporate Bonds	31	1.93%	1.91B	Mar 2018	ZFH.TO vs ZCB.TO
XUHY.DE	Xtrackers USD High Yield Corporate Bond UCITS ETF ...	High Yield Bonds	29	2.79%	—	Feb 2018	ZFH.TO vs XUHY.DE
LDRH	iShares iBonds 1-5 Year High Yield and Income Ladd...	High Yield Bonds	85	1.79%	8.41M	Nov 2024	ZFH.TO vs LDRH
THY	Agility Shares Dynamic Tactical Income ETF	High Yield Bonds	44	0.45%	62.49M	Jun 2020	ZFH.TO vs THY
FSYD	Fidelity Sustainable High Yield ETF	High Yield Bonds	79	3.35%	112.95M	Feb 2022	ZFH.TO vs FSYD
SDHG.L	iShares USD Short Duration High Yield Corporate Bo...	High Yield Bonds	60	2.17%	668.50M	Oct 2013	ZFH.TO vs SDHG.L
FTSL	First Trust Senior Loan Fund	High Yield Bonds	60	0.62%	2.30B	May 2013	ZFH.TO vs FTSL
PHYD	Putnam ESG High Yield ETF -	High Yield Bonds	78	2.16%	7.67M	Jan 2023	ZFH.TO vs PHYD

Compare ZFH.TO with Any Fund or Stock

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

Symbol name

Diversifiers

Pair ZFH.TO with funds that move differently

BMO Floating Rate High Yield ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ZFH.TO.

Explore ZFH.TO Diversifiers

BMO Floating Rate High Yield ETF (ZFH.TO) Alternatives