Question 1

What is ZHY?

Accepted Answer

ZHY (BMO High Yield US Corporate Bond Hedged to CAD Index ETF) is a Canadian-listed ETF trading on the TSX in the High Yield Bonds category. It tracks the Morningstar Gbl HY Bd GR CAD.

Question 2

What is the ZHY ETF price today?

Accepted Answer

ZHY last traded at $10.44 CAD on the TSX. See the price chart above for recent performance.

Question 3

What are ZHY annualised returns?

Accepted Answer

ZHY historical returns: YTD: -6.54%, 1-year: -1.07%, 3-year annualised: +6.95%, 5-year annualised: +1.76%, 10-year annualised: +2.99%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 0.48, which measures risk-adjusted return.

Question 4

Does ZHY pay dividends or distributions?

Accepted Answer

Yes, ZHY distributes income to unitholders. The current distribution yield is approximately 6.77%, paid monthly. Distributions may include dividends, interest, capital gains, or return of capital depending on the fund's holdings. In a TFSA or RRSP, distributions are sheltered from tax.

Question 5

What does ZHY invest in?

Accepted Answer

ZHY's top holdings include BMO High Yield US Corporate Bond Index ETF (ZJK, 102.6%). See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar Gbl HY Bd GR CAD.

Question 6

What sectors does ZHY invest in?

Accepted Answer

ZHY's largest sector exposures are Energy (0.0%), Utilities (0.0%), Healthcare (0.0%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 7

How large is ZHY? (Assets under management)

Accepted Answer

ZHY has approximately $1.48B in assets under management (AUM). Larger AUM generally means better liquidity, tighter bid-ask spreads, and a lower risk of the fund being wound down.

Question 8

When was ZHY launched?

Accepted Answer

ZHY was launched on October 20, 2009, giving it a 17-year track record. A longer history makes it easier to evaluate how the ETF performs across different market cycles.

Question 9

How do I buy ZHY in Canada?

Accepted Answer

ZHY trades on the TSX under the ticker ZHY. You can buy it through any Canadian brokerage, including Wealthsimple Trade (commission-free), Questrade, TD Direct Investing, RBC Direct, and CIBC Investor's Edge. It can be held in a TFSA, RRSP, FHSA, or taxable account.

Question 10

How risky is ZHY?

Accepted Answer

ZHY has a 1-year volatility of 4.12% and a beta of 0.32 (less volatile than the broad market). Its 3-year Sharpe ratio of 0.48 indicates below-average risk-adjusted returns. As with all market-linked investments, past volatility does not predict future risk.

Date	Open	High	Low	Close	Adj Close	Volume
2026-10-29	$10.49	$10.49	$10.42	$10.44	$10.44	23,012
2026-10-28	$10.47	$10.51	$10.47	$10.51	$10.51	29,773
2026-10-27	$10.48	$10.52	$10.46	$10.51	$10.51	25,215
2026-10-26	$10.41	$10.46	$10.41	$10.44	$10.44	17,066
2026-10-23	$10.39	$10.44	$10.39	$10.44	$10.44	18,455
2026-10-22	$10.40	$10.44	$10.40	$10.43	$10.43	36,360
2026-10-21	$10.43	$10.43	$10.41	$10.43	$10.43	14,551
2026-10-20	$10.40	$10.41	$10.39	$10.41	$10.41	22,034
2026-10-19	$10.46	$10.46	$10.40	$10.41	$10.41	18,548
2026-10-16	$10.45	$10.45	$10.41	$10.41	$10.41	10,580

Sector	Weight
Energy	0.00%
Utilities	0.00%
Healthcare	0.00%
Technology	0.00%
Industrials	0.00%
Real Estate	0.00%
Basic Materials	0.00%
Consumer Cyclicals	0.00%
Consumer Defensive	0.00%
Financial Services	0.00%
Communication Services	0.00%

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BMO High Yield US Corporate Bond Hedged to CAD Index ETF (ZHY : TSX)

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

ETF Details

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Frequently Asked Questions — ZHY