TSX · CAD · ETF

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

ZHY.TO

Expense ratio 0.6% Yield 6.83% Assets CA$1.47B Since October 20, 2009 Family BMO Asset Management Inc

Last Updated: October 21, 2026

CA$10.43

+CA$0.02 (+0.14%)

October 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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ZHY.TO Annualized Returns

With dividends reinvested · as of October 21, 2026

Period	Total return	Annualized	CA$100 becomes	CA$300 becomes
1 year	−1.05%	−1.05%	CA$98.95	CA$296.85
3 years	+21.53%	+6.72%	CA$121.53	CA$364.60
5 years	+9.22%	+1.78%	CA$109.22	CA$327.67
10 years	+32.92%	+2.89%	CA$132.92	CA$398.77

Returns are total returns computed from daily closes, with dividends reinvested. As of October 21, 2026.

ZHY.TO Return by Calendar Year

2016 and 2026 are partial years

+13.45%−12.79%−1.90%

2016*2017201820192020202120222023202420252026*

View as table ↓View as chart ↑

Year	Return
2026 (partial year)	−1.90%
2025	+6.27%
2024	+6.04%
2023	+11.48%
2022	−12.79%
2021	+4.03%
2020	+3.31%
2019	+13.45%
2018	−3.88%
2017	+5.06%
2016 (partial year)	+1.99%

ZHY.TO Monthly Returns

−15%+7%

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2026	+0.5	−0.0	−1.6	+1.5	+0.7	−0.0	−0.5	+0.6	−3.2	+0.1	—	—
2025	+1.1	+0.5	−1.4	−0.2	+1.7	+1.4	+0.6	+0.9	+0.9	−0.1	+1.0	−0.3
2024	−0.7	+0.8	+0.6	−0.9	+1.5	+0.1	+2.5	+1.0	+1.6	−1.3	+1.7	−1.0
2023	+2.9	−0.8	+0.9	+0.5	−1.4	+2.2	+0.7	+0.2	−2.0	−0.6	+4.9	+3.6
2022	−4.3	+0.0	−1.0	−4.7	+0.9	−7.4	+6.8	−4.0	−3.5	+2.9	+2.0	−0.4
2021	−0.2	+0.2	+0.4	+1.1	+0.6	+0.6	−0.2	+0.5	−0.3	+0.1	−1.8	+3.1
2020	−0.9	−1.3	−14.9	+6.8	+5.7	+0.5	+2.7	+1.6	+0.0	−1.3	+4.3	+1.8
2019	+4.5	+1.5	+1.0	+1.6	−2.4	+3.7	−0.0	+0.4	+0.4	−0.0	+0.1	+2.1
2018	+0.0	−1.4	−0.6	+0.8	−0.4	+0.1	+1.7	+0.7	+0.5	−2.2	−1.2	−1.9
2017	+1.4	+1.2	−0.3	+1.2	+1.1	−0.4	+1.0	−0.0	+0.5	−0.1	−0.4	−0.1

Monthly total returns with dividends reinvested; each cell prints its signed value.

ZHY.TO Volatility & Risk

Volatility: 10 yrs · Beta: 3 yrs

Annualized volatility: 10.83%
Beta (3y): 0.32
Best year: +13.45%
Worst year: −12.79%

Volatility is the annualized standard deviation of daily returns. As of October 21, 2026.

Top Holdings

#	Symbol	Name	Weight
1	ZJK.TO	BMO High Yld US Corp Bd ETF	99.96%

Analysis

Data-derived

Fund Overview

BMO High Yield US Corporate Bond Hedged to CAD Index ETF (ZHY.TO) is an exchange-traded fund. The fund holds CA$1.47B in total net assets. The expense ratio is 0.6%. On a CA$10,000 position that is CA$60.00 a year. The fund is issued by BMO Asset Management Inc. The inception date on file is October 20, 2009.

BMO High Yld US Corp Bd ETF alone accounts for 99.96% of the portfolio.

Performance Analysis

The most recent close on file for ZHY.TO is CA$10.43, dated October 21, 2026. Over the trailing twelve months the total return is −1.05%. Across 10 years the annualized return works out at +2.89%. The fund distributes at a trailing yield of 6.83%.

The strongest complete calendar year on file is 2019 at +13.45%; the weakest is 2022 at −12.79%. Of the 9 complete calendar years on file, 7 finished higher. So far in 2026 the total return is −1.90%.

Price & Risk Profile

The 52-week range on file runs from CA$10.36 to CA$11.33. The latest close sits 0.63% above that 52-week low. Daily returns over the trailing 10 years annualize to a volatility of 10.83%. Beta against the wider market is reported at 0.32. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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