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ZFH.TO vs. LDRH
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ZFH.TO vs. LDRH

Last updated Jun 4, 2026

ZFH.TO (BMO Floating Rate High Yield ETF) and LDRH (iShares iBonds 1-5 Year High Yield and Income Ladder ETF) are both High Yield Bonds funds. ZFH.TO is actively managed, while LDRH is passively managed. Over the past year, ZFH.TO returned 5.99% vs 7.80% for LDRH. At a 0.10 correlation, their price movements are largely independent. ZFH.TO charges 0.40%/yr vs 0.35%/yr for LDRH.

Performance

ZFH.TO vs. LDRH - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in BMO Floating Rate High Yield ETF (ZFH.TO) and iShares iBonds 1-5 Year High Yield and Income Ladder ETF (LDRH). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

ZFH.TO is traded in CAD, while LDRH is traded in USD. To make them comparable, the LDRH values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, ZFH.TO achieves a 2.17% return, which is significantly lower than LDRH's 3.09% return.

ZFH.TO

1D
0.00%
1M
0.62%
YTD
2.17%
6M
1.34%
1Y
5.99%
3Y*
9.48%
5Y*
6.72%
10Y*
5.61%

LDRH

1D
0.21%
1M
2.18%
YTD
3.09%
6M
1.89%
1Y
7.80%
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

ZFH.TO vs. LDRH - Yearly Performance Comparison

2026 (YTD)20252024
ZFH.TO
BMO Floating Rate High Yield ETF		2.17%5.53%0.38%
LDRH
iShares iBonds 1-5 Year High Yield and Income Ladder ETF		3.09%2.26%3.65%

Correlation

The correlation between ZFH.TO and LDRH is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.03

Correlation (All Time)
Calculated using the full available price history since Nov 11, 2024

0.10

ZFH.TO vs. LDRH - Sectors Allocation Comparison

Sectors
ZFH.TO
LDRH

Real Estate

6.8%

-

Basic Materials

-

-

Communication Services

-

-

Consumer Cyclical

-

-

Consumer Defensive

-

-

Energy

-

100.0%

Financial Services

-

-

Healthcare

-

-

Industrials

-

-

Technology

-

-

Utilities

-

-

Real Estate

ZFH.TO
6.8%
LDRH

-

Basic Materials

ZFH.TO

-

LDRH

-

Communication Services

ZFH.TO

-

LDRH

-

Consumer Cyclical

ZFH.TO

-

LDRH

-

Consumer Defensive

ZFH.TO

-

LDRH

-

Energy

ZFH.TO

-

LDRH
100.0%

Financial Services

ZFH.TO

-

LDRH

-

Healthcare

ZFH.TO

-

LDRH

-

Industrials

ZFH.TO

-

LDRH

-

Technology

ZFH.TO

-

LDRH

-

Utilities

ZFH.TO

-

LDRH

-

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

BMO Floating Rate High Yield ETF

iShares iBonds 1-5 Year High Yield and Income Ladder ETF

Often compared with ZFH.TO:
ZFH.TO vs. DXV.TOZFH.TO vs. ZCS.TOZFH.TO vs. GFEA.DEZFH.TO vs. XSI.TOZFH.TO vs. XSH.TOZFH.TO vs. VAB.TOZFH.TO vs. XSB.TO
Often compared with LDRH:
LDRH vs. IBHELDRH vs. HYBLLDRH vs. SPHYLDRH vs. HYSLDRH vs. VGHYLDRH vs. GHYBLDRH vs. IBHG

Return for Risk

ZFH.TO vs. LDRH — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ZFH.TO
ZFH.TO Risk / Return Rank: 4343
Overall Rank
ZFH.TO Sharpe Ratio Rank: 4444
Sharpe Ratio Rank
ZFH.TO Sortino Ratio Rank: 4444
Sortino Ratio Rank
ZFH.TO Omega Ratio Rank: 4747
Omega Ratio Rank
ZFH.TO Calmar Ratio Rank: 3838
Calmar Ratio Rank
ZFH.TO Martin Ratio Rank: 4040
Martin Ratio Rank
LDRH
LDRH Risk / Return Rank: 8585
Overall Rank
LDRH Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
LDRH Sortino Ratio Rank: 8787
Sortino Ratio Rank
LDRH Omega Ratio Rank: 8181
Omega Ratio Rank
LDRH Calmar Ratio Rank: 8888
Calmar Ratio Rank
LDRH Martin Ratio Rank: 9191
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ZFH.TO vs. LDRH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BMO Floating Rate High Yield ETF (ZFH.TO) and iShares iBonds 1-5 Year High Yield and Income Ladder ETF (LDRH). 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.

ZFH.TOLDRHDifference
Sharpe ratioReturn per unit of total volatility
1.54
1.66

-0.12

Sortino ratioReturn per unit of downside risk
2.23
2.31

-0.08

Omega ratioGain probability vs. loss probability

1.29

1.30

-0.01

Calmar ratioReturn relative to maximum drawdown

1.84

2.39

-0.55

Martin ratioReturn relative to average drawdown

6.33

6.86

-0.53

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ZFH.TO vs. LDRH - Sharpe Ratio Comparison

The current ZFH.TO Sharpe Ratio is 1.54, which is comparable to the LDRH Sharpe Ratio of 1.66. The chart below compares the historical Sharpe Ratios of ZFH.TO and LDRH, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

ZFH.TOLDRHDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.54

1.66

-0.12

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.05

—

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.68

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.64

1.05

-0.41

Drawdowns

ZFH.TO vs. LDRH - Drawdown Comparison

The maximum ZFH.TO drawdown since its inception was -20.98%, which is greater than LDRH's maximum drawdown of -6.07%. Use the drawdown chart below to compare losses from any high point for ZFH.TO and LDRH.

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Drawdown Indicators

ZFH.TOLDRHDifference

Max Drawdown

Largest peak-to-trough decline

-20.98%

-6.07%

-14.91%

Max Drawdown (1Y)

Largest decline over 1 year

-3.27%

-3.28%

+0.01%

Max Drawdown (3Y)

Largest decline over 3 years

-6.40%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-9.53%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-20.98%

—

—

Current Drawdown

Current decline from peak

-0.20%

0.00%

-0.20%

Average Drawdown

Average peak-to-trough decline

-1.80%

-1.63%

-0.17%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.95%

1.14%

-0.19%

Volatility

ZFH.TO vs. LDRH - Volatility Comparison

BMO Floating Rate High Yield ETF (ZFH.TO) has a higher volatility of 0.96% compared to iShares iBonds 1-5 Year High Yield and Income Ladder ETF (LDRH) at 0.85%. This indicates that ZFH.TO's price experiences larger fluctuations and is considered to be riskier than LDRH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

ZFH.TOLDRHDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.96%

0.85%

+0.11%

Volatility (6M)

Calculated over the trailing 6-month period

3.01%

3.59%

-0.58%

Volatility (1Y)

Calculated over the trailing 1-year period

3.92%

4.71%

-0.79%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

6.42%

5.62%

+0.80%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

8.33%

5.62%

+2.71%

ZFH.TO vs. LDRH - Expense Ratio Comparison

ZFH.TO has a 0.40% expense ratio, which is higher than LDRH's 0.35% expense ratio.

Dividends

ZFH.TO vs. LDRH - Dividend Comparison

ZFH.TO's dividend yield for the trailing twelve months is around 5.21%, less than LDRH's 7.00% yield.

PositionTTM20252024202320222021202020192018201720162015
LDRH
iShares iBonds 1-5 Year High Yield and Income Ladder ETF		7.00%6.41%1.13%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
ZFH.TO
BMO Floating Rate High Yield ETF		5.21%5.52%7.72%6.98%4.75%4.48%4.51%4.27%4.45%4.58%4.64%4.94%

Frequently Asked Questions

ZFH.TO and LDRH have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, LDRH is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

LDRH is cheaper with a 0.35% expense ratio, compared with 0.40% for ZFH.TO.

They also come from different issuers: BMO and iShares. Their fees differ too: 0.40% for ZFH.TO and 0.35% for LDRH.

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