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ZUD.TO vs. LLYH.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

ZUD.TO vs. LLYH.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in BMO US Dividend Hedged to CAD ETF (ZUD.TO) and Harvest Eli Lilly High Income Shares ETF Class A Units (LLYH.TO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

The year-to-date returns for both stocks are quite close, with ZUD.TO having a 13.57% return and LLYH.TO slightly lower at 13.56%.


ZUD.TO

1D
0.26%
1M
-1.75%
6M
11.17%
YTD
13.57%
1Y
20.84%
3Y*
15.25%
5Y*
9.36%
10Y*
8.81%

LLYH.TO

1D
3.27%
1M
5.52%
6M
16.73%
YTD
13.56%
1Y
44.77%
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

ZUD.TO vs. LLYH.TO - Yearly Performance Comparison


2026 (YTD)20252024
ZUD.TO
BMO US Dividend Hedged to CAD ETF
13.57%11.69%0.92%
LLYH.TO
Harvest Eli Lilly High Income Shares ETF Class A Units
13.56%24.63%-10.44%

Correlation

The correlation between ZUD.TO and LLYH.TO is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.


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

0.20

Correlation (All Time)
Calculated using the full available price history since Aug 21, 2024

0.26

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Return for Risk

ZUD.TO vs. LLYH.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ZUD.TO
ZUD.TO Risk / Return Rank: 7878
Overall Rank
ZUD.TO Sharpe Ratio Rank: 7474
Sharpe Ratio Rank
ZUD.TO Sortino Ratio Rank: 7575
Sortino Ratio Rank
ZUD.TO Omega Ratio Rank: 7272
Omega Ratio Rank
ZUD.TO Calmar Ratio Rank: 8585
Calmar Ratio Rank
ZUD.TO Martin Ratio Rank: 8282
Martin Ratio Rank

LLYH.TO
LLYH.TO Risk / Return Rank: 4848
Overall Rank
LLYH.TO Sharpe Ratio Rank: 4747
Sharpe Ratio Rank
LLYH.TO Sortino Ratio Rank: 4545
Sortino Ratio Rank
LLYH.TO Omega Ratio Rank: 5151
Omega Ratio Rank
LLYH.TO Calmar Ratio Rank: 5252
Calmar Ratio Rank
LLYH.TO Martin Ratio Rank: 4444
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.

ZUD.TO vs. LLYH.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BMO US Dividend Hedged to CAD ETF (ZUD.TO) and Harvest Eli Lilly High Income Shares ETF Class A Units (LLYH.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.


ZUD.TOLLYH.TODifference
Sharpe ratioReturn per unit of total volatility

+0.56

Sortino ratioReturn per unit of downside risk

+0.84

Omega ratioGain probability vs. loss probability

1.34

1.26

+0.08

Calmar ratioReturn relative to maximum drawdown

3.69

2.15

+1.55

Martin ratioReturn relative to average drawdown

12.76

5.86

+6.90

ZUD.TO vs. LLYH.TO - Sharpe Ratio Comparison

The current ZUD.TO Sharpe Ratio is 1.89, which is higher than the LLYH.TO Sharpe Ratio of 1.33. The chart below compares the historical Sharpe Ratios of ZUD.TO and LLYH.TO, 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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Drawdowns

ZUD.TO vs. LLYH.TO - Drawdown Comparison

The maximum ZUD.TO drawdown since its inception was -40.60%, which is greater than LLYH.TO's maximum drawdown of -31.00%. Use the drawdown chart below to compare losses from any high point for ZUD.TO and LLYH.TO.


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Drawdown Indicators


ZUD.TOLLYH.TODifference

Max Drawdown

Largest peak-to-trough decline

-40.60%

-31.00%

-9.60%

Max Drawdown (1Y)

Largest decline over 1 year

-5.67%

-20.97%

+15.30%

Max Drawdown (3Y)

Largest decline over 3 years

-14.94%

Max Drawdown (5Y)

Largest decline over 5 years

-17.65%

Max Drawdown (10Y)

Largest decline over 10 years

-40.60%

Current Drawdown

Current decline from peak

-1.85%

-4.08%

+2.23%

Average Drawdown

Average peak-to-trough decline

-4.07%

-9.63%

+5.56%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.64%

7.66%

-6.02%

Volatility

ZUD.TO vs. LLYH.TO - Volatility Comparison

The current volatility for BMO US Dividend Hedged to CAD ETF (ZUD.TO) is 2.82%, while Harvest Eli Lilly High Income Shares ETF Class A Units (LLYH.TO) has a volatility of 8.16%. This indicates that ZUD.TO experiences smaller price fluctuations and is considered to be less risky than LLYH.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


ZUD.TOLLYH.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

2.82%

8.16%

-5.34%

Volatility (6M)

Calculated over the trailing 6-month period

7.88%

25.03%

-17.15%

Volatility (1Y)

Calculated over the trailing 1-year period

11.05%

33.77%

-22.72%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.19%

33.39%

-18.20%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.98%

33.39%

-16.41%

ZUD.TO vs. LLYH.TO - Expense Ratio Comparison

ZUD.TO has a 0.30% expense ratio, which is lower than LLYH.TO's 0.40% expense ratio.


Dividends

ZUD.TO vs. LLYH.TO - Dividend Comparison

ZUD.TO's dividend yield for the trailing twelve months is around 1.48%, less than LLYH.TO's 16.39% yield.


PositionTTM20252024202320222021202020192018201720162015
LLYH.TO
Harvest Eli Lilly High Income Shares ETF Class A Units
16.39%17.54%6.17%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
ZUD.TO
BMO US Dividend Hedged to CAD ETF
1.48%1.68%2.17%2.54%2.77%2.50%3.76%3.13%3.11%2.69%2.61%2.97%

Frequently Asked Questions


ZUD.TO and LLYH.TO have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, ZUD.TO is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

ZUD.TO is cheaper with a 0.30% expense ratio, compared with 0.40% for LLYH.TO.

They also come from different issuers: BMO and Harvest. Their fees differ too: 0.30% for ZUD.TO and 0.40% for LLYH.TO.

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