VS
RBC Short Term U.S. Corporate Bond ETF (RUSB) and BMO High Yield US Corporate Bond Hedged to CAD Index ETF (ZHY) offer distinct profiles for Canadian ETF investors. A direct comparison shows that RUSB focuses its top 3 sector exposures on Finance, Utilities, and Technology, while ZHY leans towards Finance, Industrials, and Energy. When evaluating costs, RUSB features a management fee (MER) of 0.35%, compared to 0.55% for ZHY. Performance-wise, RUSB has returned 2.93% year-to-date with +$1 M in net flows, whereas ZHY is at 2.04% with +$118 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
RUSB
ZHY
| AuM | $5.90 M | $1,467.01 M |
| Management Fees | 0.35% | 0.55% |
| Exp. ratio | 0.40% | 0.61% |
| Tracking Difference | - | -0.66% |
Historical performance and flows
As of October 19, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | RUSB | +0.49% | -0.34% | +2.93% | +1.09% | +19.83% |
ZHY | -2.20% | -2.87% | -2.04% | -1.01% | +20.67% | |
| Flows | RUSB | +$0 M | +$0 M | +$1 M | +$1 M | +$4 M |
ZHY | -$1 M | +$11 M | +$118 M | +$381 M | +$609 M |
RUSB vs ZHY exposure
Countries
RUSB
USA
80.32%
Other
19.68%
ZHY
USA
86.61%
Other
13.39%
Sectors
RUSB
Finance
48.48%
Utilities
7.11%
Other
44.41%
ZHY
Finance
18.45%
Industrials
11.81%
Energy
10.59%
Consumer Services
9.21%
Non-Energy Materials
8.48%
Business Services
7.66%
Other
33.80%
As of October 19, 2026
Top 10 Holdings
RUSB
USA, Notes 4.125% 31oct2029, USD (AF-2029)
2.22%
USA, Notes 3.875% 30apr2030, USD (Y-2030)
2.05%
USA, Notes 4.875% 31oct2030, USD (R-2030)
1.72%
Morgan Stanley, 4.21% 20apr2028, USD (I)
1.15%
Bank of America Corporation, 4.376% 27apr2028, USD (N)
1.11%
Goldman Sachs, 6.484% 24oct2029, USD
1.11%
US48128BAV36
1.03%
US00287YEN58
1.01%
Lincoln Financial Global Funding, 4.95% 21may2031, USD (2026-2)
1.01%
Morgan Stanley, 5.164% 20apr2029, USD (I)
0.96%
ZHY
1261229 B.C., 10% 15apr2032, USD
0.64%
EchoStar, 10.75% 30nov2029, USD
0.61%
Meridian Arc HoldCo, 6.25% 30apr2031, USD
0.57%
PR RNO Property Owner 1, 6.5% 1may2031, USD
0.45%
Quikrete Holdings, 6.375% 1mar2032, USD
0.41%
Cloud Software Group, 6.5% 31mar2029, USD
0.41%
Cloud Software Group, 9% 30sep2029, USD
0.39%
SV RNO Property Owner 1, 5.875% 1mar2031, USD
0.37%
Galaxy Helios Data Center II, 9.875% 1aug2031, USD
0.37%
Nexstar Media, 6.5% 15sep2033, USD
0.36%
Diversification
RUSB
Total weight of top 10 holdings out of 173 total
13.36%
ZHY
Total weight of top 10 holdings out of 1,056 total
4.58%
Characteristics
Compare
RUSB
ZHY
| Provider | RBC Global Asset Management | BMO |
| Management | Actively managed | Passively managed |
| Benchmark | - | Bloomberg Capital U.S. High Yield Very Liquid CAD Hedged Total Return Index - CAD |
| Replication Method | - | Other |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 4.33% | 6.84% |
| Meets ESG criteria | No | No |
| Inception Date | October 19, 2017 | October 20, 2009 |
Frequently asked questions about RUSB and ZHY
Which ETF has performed better year to date: RUSB or ZHY?
As of October 19, 2026, RUSB has returned 2.93% year to date, while ZHY has returned -2.04%. RUSB is ahead on YTD performance.
Which ETF is larger by assets under management: RUSB or ZHY?
As of October 19, 2026, RUSB manages $5.90 M in assets, while ZHY manages $1.47 B. ZHY is the larger fund by AUM.
How are RUSB and ZHY managed?
RUSB is actively managed by RBC Global Asset Management. It does not track an index. ZHY is passively managed by BMO. It tracks the Bloomberg Capital U.S. High Yield Very Liquid CAD Hedged Total Return Index - CAD benchmark.
What sectors do RUSB and ZHY emphasize?
RUSB is most exposed to Finance, Utilities, and Technology. ZHY is most exposed to Finance, Industrials, and Energy.
Which ETF is attracting more investor flows: RUSB or ZHY?
Year to date, RUSB has seen +$1.08 M in net flows, compared with +$118.02 M for ZHY. ZHY has attracted more net investor money so far.
How do the fees of RUSB and ZHY compare?
RUSB has an expense ratio of 0.40%, while ZHY has an expense ratio of 0.61%.
What are the top holdings of RUSB and ZHY?
RUSB's largest holdings include USA, Notes 4.125% 31oct2029, USD (AF-2029) and USA, Notes 3.875% 30apr2030, USD (Y-2030). ZHY's top holdings include 1261229 B.C., 10% 15apr2032, USD and EchoStar, 10.75% 30nov2029, USD.
Which ETF is more diversified: RUSB or ZHY?
RUSB holds 169 securities, while ZHY holds 1047. On holdings count, ZHY is the more diversified portfolio.
Recent articles about RUSB and ZHY
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Posted on 4/25/2024 by Kyle Anthony inFixed Income
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