VS
BMO High Yield US Corporate Bond Hedged to CAD Index ETF (ZHY) and BMO ESG US Corporate Bond Hedged to CAD Index ETF (ESGF) 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 ESGF leans towards Finance, Technology, and Healthcare. When evaluating costs, ZHY features a management fee (MER) of 0.55%, compared to 0.2% for ESGF. Performance-wise, ZHY has returned 1.49% year-to-date with +$150 M in net flows, whereas ESGF is at 2.94% with +$2 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
ESGF
| AuM | $1,498.33 M | $27.39 M |
| Management Fees | 0.55% | 0.20% |
| Exp. ratio | 0.61% | 0.23% |
| Tracking Difference | -0.64% | -0.18% |
Historical performance and flows
As of November 3, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZHY | +0.34% | -2.40% | -1.49% | -0.41% | +17.91% |
ESGF | +1.85% | -1.75% | -2.94% | -2.64% | +10.80% | |
| Flows | ZHY | +$34 M | +$39 M | +$150 M | +$304 M | +$642 M |
ESGF | +$1 M | +$1 M | +$2 M | +$4 M | +$11 M |
ZHY vs ESGF exposure
Countries
ZHY
USA
88.47%
Other
11.53%
ESGF
USA
86.24%
Other
13.76%
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%
ESGF
Finance
33.77%
Technology
15.69%
Healthcare
13.16%
Other
37.38%
As of November 3, 2026
Top 10 Holdings
ZHY
CA05584J1012
102.40%
ESGF
HSBC Holdings plc, 2.804% 24may2032, USD
0.95%
Aercap Holdings, 3.3% 30jan2032, USD
0.71%
Bank of America Corporation, 3.419% 20dec2028, USD
0.53%
America Movil, 6.125% 30mar2040, USD
0.53%
Bank of America Corporation, 5.468% 23jan2035, USD (N)
0.52%
NVIDIA, 4.5% 15jun2031, USD
0.52%
NVIDIA, 4.95% 15jun2036, USD
0.50%
Goldman Sachs, 5.065% 21jan2037, USD
0.50%
Goldman Sachs, 6.75% 1oct2037, USD
0.48%
NVIDIA, 4.25% 15jun2028, USD
0.48%
Diversification
ZHY
Total weight of top 10 holdings out of 1,041 total
102.40%
ESGF
Total weight of top 10 holdings out of 734 total
5.72%
Characteristics
Compare
ZHY
ESGF
| Provider | BMO | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | Bloomberg Capital U.S. High Yield Very Liquid CAD Hedged Total Return Index - CAD | Bloomberg MSCI US Corporate Sustainability SRI Index CAD Unhedged - CAD |
| Replication Method | Other | Direct (Physical) |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 6.85% | 4.56% |
| Meets ESG criteria | No | Yes |
| Inception Date | October 20, 2009 | January 23, 2020 |
Frequently asked questions about ZHY and ESGF
Which ETF has performed better year to date: ZHY or ESGF?
As of November 3, 2026, ZHY has returned -1.49% year to date, while ESGF has returned -2.94%. ZHY is ahead on YTD performance.
Which ETF is larger by assets under management: ZHY or ESGF?
As of November 3, 2026, ZHY manages $1.50 B in assets, while ESGF manages $27.39 M. ZHY is the larger fund by AUM.
How are ZHY and ESGF 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. ESGF is passively managed by BMO. It tracks the Bloomberg MSCI US Corporate Sustainability SRI Index CAD Unhedged - CAD benchmark.
Which ETF is more diversified: ZHY or ESGF?
ZHY holds 1 securities, while ESGF holds 724. On holdings count, ESGF is the more diversified portfolio.
Which ETF is attracting more investor flows: ZHY or ESGF?
Year to date, ZHY has seen +$149.60 M in net flows, compared with +$2.34 M for ESGF. ZHY has attracted more net investor money so far.
How do the fees of ZHY and ESGF compare?
ZHY has an expense ratio of 0.61%, while ESGF has an expense ratio of 0.23%.
What sectors do ZHY and ESGF emphasize?
ZHY is most exposed to Finance, Industrials, and Energy. ESGF is most exposed to Finance, Technology, and Healthcare.
Recent articles about ZHY and ESGF
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