ZHU.TO vs. FHH.TO
ZHU.TO (BMO Equal Weight US Health Care Index ETF) and FHH.TO (First Trust AlphaDEX U.S. Health Care Sector Index ETF) are both Health & Biotech Equities funds. Over the past 5 years, ZHU.TO returned 1.97%/yr vs 4.31%/yr for FHH.TO. At a 0.49 correlation, their price movements are largely independent.
Performance
ZHU.TO vs. FHH.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ZHU.TO achieves a 7.95% return, which is significantly lower than FHH.TO's 9.98% return.
ZHU.TO
- 1D
- 0.31%
- 1M
- 6.30%
- 6M
- 3.77%
- YTD
- 7.95%
- 1Y
- 22.31%
- 3Y*
- 5.75%
- 5Y*
- 1.97%
- 10Y*
- —
FHH.TO
- 1D
- 0.50%
- 1M
- 5.38%
- 6M
- 6.69%
- YTD
- 9.98%
- 1Y
- 25.65%
- 3Y*
- 7.35%
- 5Y*
- 4.31%
- 10Y*
- 8.51%
ZHU.TO vs. FHH.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
ZHU.TO BMO Equal Weight US Health Care Index ETF | 7.95% | 3.43% | 5.43% | -1.57% | -9.75% | 16.84% | 17.53% | 13.77% |
FHH.TO First Trust AlphaDEX U.S. Health Care Sector Index ETF | 9.98% | 5.83% | 9.13% | -6.00% | -8.34% | 22.83% | 23.20% | 9.06% |
Correlation
The correlation between ZHU.TO and FHH.TO is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.68 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.58 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since Feb 22, 2019 | 0.49 |
The correlation between ZHU.TO and FHH.TO shifts across timeframes, from 0.49 (all time) to 0.68 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ZHU.TO vs. FHH.TO — Risk / Return Rank
ZHU.TO
FHH.TO
ZHU.TO vs. FHH.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BMO Equal Weight US Health Care Index ETF (ZHU.TO) and First Trust AlphaDEX U.S. Health Care Sector Index ETF (FHH.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ZHU.TO | FHH.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.28 | ||
| Sortino ratioReturn per unit of downside risk | -0.41 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.27 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.05 | 2.00 | +0.05 |
| Martin ratioReturn relative to average drawdown | 4.50 | 5.39 | -0.89 |
Loading charts...
Drawdowns
ZHU.TO vs. FHH.TO - Drawdown Comparison
The maximum ZHU.TO drawdown since its inception was -27.25%, which is greater than FHH.TO's maximum drawdown of -25.83%. Use the drawdown chart below to compare losses from any high point for ZHU.TO and FHH.TO.
Loading charts...
Drawdown Indicators
| ZHU.TO | FHH.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.25% | -25.83% | -1.42% |
Max Drawdown (1Y)Largest decline over 1 year | -10.95% | -12.91% | +1.96% |
Max Drawdown (3Y)Largest decline over 3 years | -21.51% | -20.20% | -1.31% |
Max Drawdown (5Y)Largest decline over 5 years | -27.25% | -21.86% | -5.39% |
Max Drawdown (10Y)Largest decline over 10 years | — | -23.58% | — |
Current DrawdownCurrent decline from peak | -3.78% | -3.87% | +0.09% |
Average DrawdownAverage peak-to-trough decline | -8.79% | -8.37% | -0.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.97% | 4.77% | +0.20% |
Volatility
ZHU.TO vs. FHH.TO - Volatility Comparison
BMO Equal Weight US Health Care Index ETF (ZHU.TO) and First Trust AlphaDEX U.S. Health Care Sector Index ETF (FHH.TO) have volatilities of 5.63% and 5.57%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ZHU.TO | FHH.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.63% | 5.57% | +0.06% |
Volatility (6M)Calculated over the trailing 6-month period | 12.81% | 11.84% | +0.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.56% | 16.51% | +1.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.25% | 15.96% | +0.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.60% | 16.71% | +0.89% |
Dividends
ZHU.TO vs. FHH.TO - Dividend Comparison
ZHU.TO's dividend yield for the trailing twelve months is around 0.50%, less than FHH.TO's 0.58% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
FHH.TO First Trust AlphaDEX U.S. Health Care Sector Index ETF | 0.58% | 0.12% | 0.22% | 0.23% | 0.39% | 5.28% | 0.00% | 0.00% |
ZHU.TO BMO Equal Weight US Health Care Index ETF | 0.50% | 0.54% | 0.58% | 0.97% | 0.43% | 0.13% | 0.37% | 0.17% |
Frequently Asked Questions
ZHU.TO and FHH.TO have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for ZHU.TO and FHH.TO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer