VS
BMO High Yield US Corporate Bond Hedged to CAD Index ETF (ZHY) and CIBC 2027 U.S. Investment Grade Bond Fund (CTUE.U) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZHY focuses its top 3 sector exposures on Finance, Industrials, and Energy, while CTUE.U leans towards Finance, Technology, and Consumer Non-Cyclicals. When evaluating costs, ZHY features a management fee (MER) of 0.55%, compared to 0.15% for CTUE.U. Performance-wise, ZHY has returned 1.45% year-to-date with +$149 M in net flows, whereas CTUE.U is at 2.17% with +$44 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
ZHY
CTUE.U
| AuM | $1,498.33 M | $49.66 M |
| Management Fees | 0.55% | 0.15% |
| Exp. ratio | 0.61% | 0.23% |
| Tracking Difference | -0.64% | - |
Historical performance and flows
As of November 2, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZHY | +0.31% | -2.37% | -1.45% | -0.37% | +19.05% |
CTUE.U | +0.47% | +0.63% | +2.17% | +3.06% | - | |
| Flows | ZHY | +$32 M | +$38 M | +$149 M | +$303 M | +$642 M |
CTUE.U | +$5 M | +$7 M | +$44 M | +$45 M | +$0 M |
ZHY vs CTUE.U exposure
Countries
ZHY
USA
88.47%
Other
11.53%
CTUE.U
USA
92.14%
Other
7.86%
Sectors
ZHY
Finance
18.65%
Industrials
12.33%
Energy
10.81%
Consumer Services
9.13%
Non-Energy Materials
8.64%
Business Services
7.97%
Other
32.48%
CTUE.U
Finance
31.47%
Technology
13.20%
Consumer Non-Cyclicals
9.76%
Telecommunications
9.51%
Healthcare
8.36%
Other
27.70%
As of November 2, 2026
Top 10 Holdings
ZHY
CA05584J1012
102.40%
CTUE.U
CVS Health, 1.3% 21aug2027, USD
4.22%
Visa, 0.75% 15aug2027, USD
3.55%
Chevron U.S.A., 1.018% 12aug2027, USD
3.54%
Nestle Holdings, 1% 15sep2027, USD
3.52%
Alphabet, 0.8% 15aug2027, USD
3.49%
Caterpillar Financial Services Corp., 1.1% 14sep2027, USD (J)
3.49%
Equinix, 1.8% 15jul2027, USD
3.29%
AT&T Inc, 1.65% 1feb2028, USD
3.09%
Roper Technologies, 1.4% 15sep2027, USD
3.01%
American Tower, 1.5% 31jan2028, USD
2.99%
Diversification
ZHY
Total weight of top 10 holdings out of 1,041 total
102.40%
CTUE.U
Total weight of top 10 holdings out of 60 total
34.20%
Characteristics
Compare
ZHY
CTUE.U
| Provider | BMO | CIBC |
| Management | Passively managed | Actively 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 | 6.85% | 1.31% |
| Meets ESG criteria | No | No |
| Inception Date | October 20, 2009 | July 16, 2024 |
Frequently asked questions about ZHY and CTUE.U
Which ETF has performed better year to date: ZHY or CTUE.U?
As of November 2, 2026, ZHY has returned -1.45% year to date, while CTUE.U has returned 2.17%. CTUE.U is ahead on YTD performance.
Which ETF is larger by assets under management: ZHY or CTUE.U?
As of November 2, 2026, ZHY manages $1.50 B in assets, while CTUE.U manages $49.66 M. ZHY is the larger fund by AUM.
How are ZHY and CTUE.U managed?
ZHY is passively managed by BMO. It tracks the Bloomberg Capital U.S. High Yield Very Liquid CAD Hedged Total Return Index - CAD benchmark. CTUE.U is actively managed by CIBC. It does not track an index.
Which ETF is more diversified: ZHY or CTUE.U?
ZHY holds 1 securities, while CTUE.U holds 60. On holdings count, CTUE.U is the more diversified portfolio.
Which ETF is attracting more investor flows: ZHY or CTUE.U?
Year to date, ZHY has seen +$149.08 M in net flows, compared with +$44.27 M for CTUE.U. ZHY has attracted more net investor money so far.
How do the fees of ZHY and CTUE.U compare?
ZHY has an expense ratio of 0.61%, while CTUE.U has an expense ratio of 0.23%.
What sectors do ZHY and CTUE.U emphasize?
ZHY is most exposed to Finance, Industrials, and Energy. CTUE.U is most exposed to Finance, Technology, and Consumer Non-Cyclicals.
Recent articles about ZHY and CTUE.U
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