VS
BMO Mid-Term US IG Corporate Bond Index ETF (ZIC) 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 ZIC focuses its top 3 sector exposures on Finance, Technology, and Healthcare, while ZHY leans towards Finance, Industrials, and Energy. When evaluating costs, ZIC features a management fee (MER) of 0.25%, compared to 0.55% for ZHY. Performance-wise, ZIC has returned 0.45% year-to-date with -$30 M in net flows, whereas ZHY is at 1.99% 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
ZIC
ZHY
| AuM | $3,333.92 M | $1,465.37 M |
| Management Fees | 0.25% | 0.55% |
| Exp. ratio | 0.28% | 0.61% |
| Tracking Difference | -0.04% | -0.66% |
Historical performance and flows
As of October 21, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZIC | -0.99% | -2.66% | -0.45% | -2.48% | +23.68% |
ZHY | -2.15% | -2.70% | -1.99% | -1.00% | +20.86% | |
| Flows | ZIC | -$296 M | -$194 M | -$30 M | +$169 M | +$248 M |
ZHY | -$1 M | +$11 M | +$118 M | +$381 M | +$609 M |
ZIC vs ZHY exposure
Countries
ZIC
USA
83.87%
Other
16.13%
ZHY
USA
86.61%
Other
13.39%
Sectors
ZIC
Finance
33.55%
Technology
14.16%
Healthcare
9.18%
Energy
8.82%
Other
34.28%
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 21, 2026
Top 10 Holdings
ZIC
Meta Platforms, 4.875% 15nov2035, USD
0.66%
Meta Platforms, 5.25% 15may2036, USD
0.63%
Space Exploration Technologies, 5.65% 15jul2033, USD
0.62%
Amazon.com, 4.875% 13mar2036, USD
0.62%
Space Exploration Technologies, 5.875% 15jul2036, USD
0.61%
Bank of America Corporation, 5.468% 23jan2035, USD (N)
0.54%
Bank of America Corporation, 5.288% 25apr2034, USD (N)
0.54%
Bank of America Corporation, 5.015% 22jul2033, USD (N)
0.53%
Pfizer, 4.75% 19may2033, USD
0.53%
Oracle, 5.7% 4feb2036, USD
0.51%
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
ZIC
Total weight of top 10 holdings out of 735 total
5.80%
ZHY
Total weight of top 10 holdings out of 1,056 total
4.58%
Characteristics
Compare
ZIC
ZHY
| Provider | BMO | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | Bloomberg U.S. Investment Grade 5-10 Year Corporate Bond Capped Total Return Index - CAD | Bloomberg Capital U.S. High Yield Very Liquid CAD Hedged Total Return Index - CAD |
| Replication Method | Other | Other |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 4.69% | 6.83% |
| Meets ESG criteria | No | No |
| Inception Date | March 19, 2013 | October 20, 2009 |
Frequently asked questions about ZIC and ZHY
Which ETF has performed better year to date: ZIC or ZHY?
As of October 21, 2026, ZIC has returned -0.45% year to date, while ZHY has returned -1.99%. ZIC is ahead on YTD performance.
Which ETF is larger by assets under management: ZIC or ZHY?
As of October 21, 2026, ZIC manages $3.33 B in assets, while ZHY manages $1.47 B. ZIC is the larger fund by AUM.
How are ZIC and ZHY managed?
ZIC is passively managed by BMO. It tracks the Bloomberg U.S. Investment Grade 5-10 Year Corporate Bond Capped Total Return Index - CAD benchmark. 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 ZIC and ZHY emphasize?
ZIC is most exposed to Finance, Technology, and Healthcare. ZHY is most exposed to Finance, Industrials, and Energy.
Which ETF is attracting more investor flows: ZIC or ZHY?
Year to date, ZIC has seen -$30.30 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 ZIC and ZHY compare?
ZIC has an expense ratio of 0.28%, while ZHY has an expense ratio of 0.61%.
What are the top holdings of ZIC and ZHY?
ZIC's largest holdings include Meta Platforms, 4.875% 15nov2035, USD, Meta Platforms, 5.25% 15may2036, USD, and Space Exploration Technologies, 5.65% 15jul2033, USD. ZHY's top holdings include 1261229 B.C., 10% 15apr2032, USD and EchoStar, 10.75% 30nov2029, USD.
Which ETF is more diversified: ZIC or ZHY?
ZIC holds 712 securities, while ZHY holds 1047. On holdings count, ZHY is the more diversified portfolio.
Recent articles about ZIC and ZHY
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