ZUH.TO vs. HIG.TO
ZUH.TO (BMO Equal Weight US Health Care Hedged to CAD Index ETF) and HIG.TO (Brompton Global Healthcare Income & Growth ETF) are both Health & Biotech Equities funds. ZUH.TO is passively managed, while HIG.TO is actively managed. Over the past 10 years, ZUH.TO returned 6.26%/yr vs 5.29%/yr for HIG.TO. A 0.54 correlation means they provide meaningful diversification when combined.
Performance
ZUH.TO vs. HIG.TO - Performance Comparison
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Returns By Period
In the year-to-date period, ZUH.TO achieves a 5.34% return, which is significantly higher than HIG.TO's -2.76% return. Over the past 10 years, ZUH.TO has outperformed HIG.TO with an annualized return of 6.26%, while HIG.TO has yielded a comparatively lower 5.29% annualized return.
ZUH.TO
- 1D
- -0.61%
- 1M
- 8.54%
- 6M
- 2.87%
- YTD
- 5.34%
- 1Y
- 18.09%
- 3Y*
- 1.99%
- 5Y*
- -1.47%
- 10Y*
- 6.26%
HIG.TO
- 1D
- -0.40%
- 1M
- 4.72%
- 6M
- -3.73%
- YTD
- -2.76%
- 1Y
- 9.53%
- 3Y*
- 3.98%
- 5Y*
- 0.81%
- 10Y*
- 5.29%
ZUH.TO vs. HIG.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ZUH.TO BMO Equal Weight US Health Care Hedged to CAD Index ETF | 5.34% | 6.34% | -3.86% | -1.73% | -15.65% | 15.42% | 21.65% | 25.99% | -2.83% | 25.35% |
HIG.TO Brompton Global Healthcare Income & Growth ETF | -2.76% | 13.94% | -0.33% | -1.53% | -14.75% | 24.68% | 5.06% | 24.08% | 5.65% | 7.03% |
Correlation
The correlation between ZUH.TO and HIG.TO is 0.70, 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 | 0.70 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.61 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.61 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Sep 24, 2015 | 0.54 |
The correlation between ZUH.TO and HIG.TO shifts across timeframes, from 0.54 (all time) to 0.70 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
ZUH.TO vs. HIG.TO — Risk / Return Rank
ZUH.TO
HIG.TO
ZUH.TO vs. HIG.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BMO Equal Weight US Health Care Hedged to CAD Index ETF (ZUH.TO) and Brompton Global Healthcare Income & Growth ETF (HIG.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.
| ZUH.TO | HIG.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.48 | ||
| Sortino ratioReturn per unit of downside risk | +0.69 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.12 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.57 | 0.67 | +0.89 |
| Martin ratioReturn relative to average drawdown | 3.84 | 1.58 | +2.26 |
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Drawdowns
ZUH.TO vs. HIG.TO - Drawdown Comparison
The maximum ZUH.TO drawdown since its inception was -34.21%, which is greater than HIG.TO's maximum drawdown of -31.83%. Use the drawdown chart below to compare losses from any high point for ZUH.TO and HIG.TO.
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Drawdown Indicators
| ZUH.TO | HIG.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.21% | -31.83% | -2.38% |
Max Drawdown (1Y)Largest decline over 1 year | -11.59% | -14.18% | +2.59% |
Max Drawdown (3Y)Largest decline over 3 years | -22.23% | -14.18% | -8.05% |
Max Drawdown (5Y)Largest decline over 5 years | -34.21% | -24.58% | -9.63% |
Max Drawdown (10Y)Largest decline over 10 years | -34.21% | -31.83% | -2.38% |
Current DrawdownCurrent decline from peak | -15.10% | -7.35% | -7.75% |
Average DrawdownAverage peak-to-trough decline | -9.25% | -8.17% | -1.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.72% | 6.04% | -1.32% |
Volatility
ZUH.TO vs. HIG.TO - Volatility Comparison
The current volatility for BMO Equal Weight US Health Care Hedged to CAD Index ETF (ZUH.TO) is 5.63%, while Brompton Global Healthcare Income & Growth ETF (HIG.TO) has a volatility of 6.07%. This indicates that ZUH.TO experiences smaller price fluctuations and is considered to be less risky than HIG.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ZUH.TO | HIG.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.63% | 6.07% | -0.44% |
Volatility (6M)Calculated over the trailing 6-month period | 12.02% | 11.19% | +0.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.12% | 14.79% | +1.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.39% | 15.16% | +2.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.56% | 17.37% | +1.19% |
Dividends
ZUH.TO vs. HIG.TO - Dividend Comparison
ZUH.TO's dividend yield for the trailing twelve months is around 0.52%, less than HIG.TO's 8.94% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HIG.TO Brompton Global Healthcare Income & Growth ETF | 8.94% | 8.32% | 8.71% | 8.03% | 6.97% | 5.29% | 6.22% | 6.12% | 7.11% | 6.43% | 6.47% | 1.80% |
ZUH.TO BMO Equal Weight US Health Care Hedged to CAD Index ETF | 0.52% | 0.55% | 0.74% | 0.73% | 0.43% | 0.12% | 0.37% | 0.33% | 0.33% | 0.36% | 0.98% | 0.48% |
Frequently Asked Questions
ZUH.TO and HIG.TO have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
They also come from different issuers: BMO and Brompton.
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