BMO High Yield US Corporate Bond Hedged to CAD Index ETF (ZHY.TO) Alternatives

BMO High Yield US Corporate Bond Hedged to CAD Index ETF (ZHY.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 ZHY.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.

Cheapest Alternatives to ZHY.TO

ZHY.TO charges 0.61% annually. Among ETFs in the High Yield Bonds category, these options have the lowest expense ratios among ZHY.TO alternatives.

Symbol	Name	Expense Ratio	Inception
CVD.TO	iShares Convertible Bond Index ETF	0.49%	Jun 14, 2011	ZHY.TO vs CVD.TO
XSI.TO	iShares Short Term Strategic Fixed Income ETF	0.55%	Jan 20, 2015	ZHY.TO vs XSI.TO
XHY.TO	iShares U.S. High Yield Bond Index ETF (CAD-Hedged...	0.56%	Jan 21, 2010	ZHY.TO vs XHY.TO
CGHY.TO	CI High Yield Bond Private Pool ETF C$ Series	0.76%	Apr 1, 2022	ZHY.TO vs CGHY.TO

Best Risk-Adjusted Alternatives to ZHY.TO

Among ETFs in the High Yield Bonds category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.

Symbol	Name	Risk / Return Rank	Inception
CVD.TO	iShares Convertible Bond Index ETF	78	Jun 14, 2011	ZHY.TO vs CVD.TO
XHY.TO	iShares U.S. High Yield Bond Index ETF (CAD-Hedged...	46	Jan 21, 2010	ZHY.TO vs XHY.TO
CGHY.TO	CI High Yield Bond Private Pool ETF C$ Series	38	Apr 1, 2022	ZHY.TO vs CGHY.TO
XSI.TO	iShares Short Term Strategic Fixed Income ETF	31	Jan 20, 2015	ZHY.TO vs XSI.TO

Top Performing ZHY.TO Alternatives (YTD)

ZHY.TO alternatives from the High Yield Bonds category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
CVD.TO	iShares Convertible Bond Index ETF	4.35%	Jun 14, 2011	ZHY.TO vs CVD.TO
CGHY.TO	CI High Yield Bond Private Pool ETF C$ Series	-0.18%	Apr 1, 2022	ZHY.TO vs CGHY.TO
XSI.TO	iShares Short Term Strategic Fixed Income ETF	-0.36%	Jan 20, 2015	ZHY.TO vs XSI.TO
XHY.TO	iShares U.S. High Yield Bond Index ETF (CAD-Hedged...	-0.37%	Jan 21, 2010	ZHY.TO vs XHY.TO

Lowest Volatility Alternatives to ZHY.TO

ZHY.TO alternatives from the High Yield Bonds category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
XSI.TO	iShares Short Term Strategic Fixed Income ETF	4.05%	Jan 20, 2015	ZHY.TO vs XSI.TO
XHY.TO	iShares U.S. High Yield Bond Index ETF (CAD-Hedged...	6.38%	Jan 21, 2010	ZHY.TO vs XHY.TO
CGHY.TO	CI High Yield Bond Private Pool ETF C$ Series	7.49%	Apr 1, 2022	ZHY.TO vs CGHY.TO
CVD.TO	iShares Convertible Bond Index ETF	7.84%	Jun 14, 2011	ZHY.TO vs CVD.TO

Lowest Drawdown Alternatives to ZHY.TO

ZHY.TO alternatives from the High Yield Bonds category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
XSI.TO	iShares Short Term Strategic Fixed Income ETF	-2.42%	Jan 20, 2015	ZHY.TO vs XSI.TO
CGHY.TO	CI High Yield Bond Private Pool ETF C$ Series	-3.77%	Apr 1, 2022	ZHY.TO vs CGHY.TO
CVD.TO	iShares Convertible Bond Index ETF	-3.95%	Jun 14, 2011	ZHY.TO vs CVD.TO
XHY.TO	iShares U.S. High Yield Bond Index ETF (CAD-Hedged...	-4.62%	Jan 21, 2010	ZHY.TO vs XHY.TO

Other ETFs from BMO

Most popular BMO ETFs on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
ZMMK.TO	BMO Money Market Fund ETF Series	Money Market	100	0.57%	Nov 28, 2021	ZHY.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	47	-3.17%	Nov 14, 2012	ZHY.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	75	0.41%	Jan 24, 2022	ZHY.TO vs ZEQT.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	94	3.87%	May 29, 2009	ZHY.TO vs ZCN.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities	98	1.92%	Oct 19, 2009	ZHY.TO vs ZEB.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Large Cap Growth Equities	62	-6.55%	Jan 19, 2010	ZHY.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Large Cap Blend Equities	54	-4.69%	Feb 11, 2019	ZHY.TO vs ZNQ.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	16	0.04%	Jan 19, 2010	ZHY.TO vs ZAG.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	82	1.42%	Oct 21, 2011	ZHY.TO vs ZLB.TO
ZUQ.TO	BMO MSCI USA High Quality Index ETF	Large Cap Blend Equities	26	-2.48%	Nov 4, 2014	ZHY.TO vs ZUQ.TO

Compare ZHY.TO with Any Fund or Stock

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

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BMO High Yield US Corporate Bond Hedged to CAD Index ETF

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