ZHP.TO Alternatives & Similar ETFs

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

Cheapest Alternatives to ZHP.TO

Among 10 ETFs in the Preferred Stock/Convertible Bonds category with expense-ratio data, the lowest-cost alternatives shown here go as low as 0.30%.

Symbol	Name	Expense Ratio	AUM	Inception
HLPR.TO	Global X Laddered Canadian Preferred Share Index C...	0.30%	118.94M	Feb 2019	ZHP.TO vs HLPR.TO
ZPR.TO	BMO Laddered Preferred Share Index ETF	0.45%	1.57B	Nov 2012	ZHP.TO vs ZPR.TO
SPLT.TO	Brompton Split Corp. Preferred Share ETF	0.50%	410.95M	Jun 2023	ZHP.TO vs SPLT.TO
TPRF.TO	TD Active Preferred Share ETF	0.50%	453.76M	Nov 2018	ZHP.TO vs TPRF.TO
CPD.TO	iShares S&P/TSX Canadian Preferred Share Index ETF	0.50%	1.07B	Apr 2007	ZHP.TO vs CPD.TO

Best Risk-Adjusted Alternatives to ZHP.TO

ZHP.TO has a PortfoliosLab risk / return rank of 12. There are 12 ETFs in the Preferred Stock/Convertible Bonds category with higher risk-adjusted ranks, going as high as 97.

Symbol	Name	Risk / Return Rank	AUM	Inception
RPF.TO	RBC Canadian Preferred Share ETF	97	636.69M	Sep 2016	ZHP.TO vs RPF.TO
ZPR.TO	BMO Laddered Preferred Share Index ETF	97	1.57B	Nov 2012	ZHP.TO vs ZPR.TO
HLPR.TO	Global X Laddered Canadian Preferred Share Index C...	97	118.94M	Feb 2019	ZHP.TO vs HLPR.TO
HPR.TO	Global X Active Preferred Share ETF	96	931.89M	Nov 2010	ZHP.TO vs HPR.TO
TPRF.TO	TD Active Preferred Share ETF	96	453.76M	Nov 2018	ZHP.TO vs TPRF.TO

Top Performing ZHP.TO Alternatives (YTD)

ZHP.TO is at -1.05% YTD. There are 12 ETFs in the Preferred Stock/Convertible Bonds category with higher YTD returns, going as high as 7.09%.

Symbol	Name	YTD Return	AUM	Inception
RPF.TO	RBC Canadian Preferred Share ETF	7.09%	636.69M	Sep 2016	ZHP.TO vs RPF.TO
ZPR.TO	BMO Laddered Preferred Share Index ETF	6.91%	1.57B	Nov 2012	ZHP.TO vs ZPR.TO
HLPR.TO	Global X Laddered Canadian Preferred Share Index C...	6.88%	118.94M	Feb 2019	ZHP.TO vs HLPR.TO
FPR.TO	CI Preferred Share ETF	5.83%	—	May 2016	ZHP.TO vs FPR.TO
HYBR.TO	Global X Active Hybrid Bond and Preferred Share ET...	5.66%	—	Oct 2013	ZHP.TO vs HYBR.TO

Lowest Volatility Alternatives to ZHP.TO

ZHP.TO has 6.69% 1-year volatility. There are 9 ETFs in the Preferred Stock/Convertible Bonds category with lower 1-year volatility, going as low as 3.40%.

Symbol	Name	Volatility 1Y	AUM	Inception
SPLT.TO	Brompton Split Corp. Preferred Share ETF	3.40%	410.95M	Jun 2023	ZHP.TO vs SPLT.TO
DXP.TO	Dynamic Active Preferred Shares ETF	4.00%	596.06M	Jan 2017	ZHP.TO vs DXP.TO
TPRF.TO	TD Active Preferred Share ETF	4.05%	453.76M	Nov 2018	ZHP.TO vs TPRF.TO
HPR.TO	Global X Active Preferred Share ETF	4.10%	931.89M	Nov 2010	ZHP.TO vs HPR.TO
CPD.TO	iShares S&P/TSX Canadian Preferred Share Index ETF	4.14%	1.07B	Apr 2007	ZHP.TO vs CPD.TO

Lowest Drawdown Alternatives to ZHP.TO

ZHP.TO has a 1-year max drawdown of -6.26%. There are 12 ETFs in the Preferred Stock/Convertible Bonds category with shallower 1-year drawdowns, going as shallow as -1.82%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
SPLT.TO	Brompton Split Corp. Preferred Share ETF	-1.82%	410.95M	Jun 2023	ZHP.TO vs SPLT.TO
HYBR.TO	Global X Active Hybrid Bond and Preferred Share ET...	-1.88%	—	Oct 2013	ZHP.TO vs HYBR.TO
RPF.TO	RBC Canadian Preferred Share ETF	-2.11%	636.69M	Sep 2016	ZHP.TO vs RPF.TO
HPR.TO	Global X Active Preferred Share ETF	-2.22%	931.89M	Nov 2010	ZHP.TO vs HPR.TO
DXP.TO	Dynamic Active Preferred Shares ETF	-2.40%	596.06M	Jan 2017	ZHP.TO vs DXP.TO

Other ETFs from BMO

The 10 most viewed BMO ETFs shown here include ZMMK.TO, ZSP.TO, ZEQT.TO 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	99	1.17%	5.76B	Nov 2021	ZHP.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	79	13.62%	23.98B	Nov 2012	ZHP.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	83	14.64%	852.71M	Jan 2022	ZHP.TO vs ZEQT.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities, Equal Weight	98	32.05%	6.36B	Oct 2009	ZHP.TO vs ZEB.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	86	11.09%	17.03B	May 2009	ZHP.TO vs ZCN.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	43	18.49%	3.09B	Jan 2010	ZHP.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	76	23.99%	2.30B	Feb 2019	ZHP.TO vs ZNQ.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	48	7.13%	6.32B	Oct 2011	ZHP.TO vs ZLB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	22	2.13%	13.01B	Jan 2010	ZHP.TO vs ZAG.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	97	19.50%	1.83B	Oct 2011	ZHP.TO vs ZDV.TO

Compare ZHP.TO with Any Fund or Stock

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

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Diversifiers

Pair ZHP.TO with funds that move differently

BMO US Preferred Share Hedged to CAD Index ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ZHP.TO.

Explore ZHP.TO Diversifiers

BMO US Preferred Share Hedged to CAD Index ETF (ZHP.TO) Alternatives