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BMO Floating Rate High Yield ETF

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Floating Rate Loan

FundGrade A Click for more information on Fundata’s FundGrade

FundGrade A

Click for more information on Fundata’s FundGrade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2025, 2024, 2021, 2020, 2019

Click for more information on Fundata’s FundGrade

NAVPS
(06-19-2026) 		$15.16
Change
$0.01 (0.05%)

As at May 31, 2026

As at May 31, 2026

Period
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Legend

BMO Floating Rate High Yield ETF

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Fund Returns

Inception Return (February 10, 2014): 5.38%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund 0.72% 2.63% 2.76% 2.08% 7.66% 7.81% 10.09% 9.55% 7.05% 7.61% 5.73% 5.55% 5.28% 5.79%
Benchmark 1.25% 1.18% 0.47% 0.86% 5.92% 9.12% 10.77% 11.60% 7.56% 7.79% 5.87% 5.60% 4.77% 5.49%
Category Average 0.33% 1.82% 1.40% 1.24% 2.93% 3.55% 5.46% 4.73% 3.38% 4.57% 2.97% 2.97% 3.07% 3.45%
Category Rank 14 / 80 10 / 80 1 / 80 12 / 80 1 / 80 1 / 76 1 / 75 4 / 75 10 / 74 2 / 74 7 / 69 8 / 66 3 / 59 2 / 55
Quartile Ranking 1 1 1 1 1 1 1 1 1 1 1 1 1 1

Monthly Return

Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund 1.72% 0.34% 0.49% 1.24% 0.28% 0.61% 0.67% 0.43% -0.97% -0.70% 2.62% 0.72%
Benchmark 3.17% -0.61% 1.78% 1.96% -1.40% 0.48% -0.39% -0.04% -0.27% -0.70% 0.63% 1.25%

Best Monthly Return Since Inception

5.46% (November 2020)

Worst Monthly Return Since Inception

-11.74% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Fund 11.00% 5.47% 0.95% 11.12% -3.56% 4.15% -0.10% 13.36% 11.47% 7.04%
Benchmark 4.59% 6.15% 2.81% 1.22% 5.27% -0.97% -0.86% 14.42% 11.13% 12.24%
Category Average 8.41% 4.02% 0.32% 6.37% -0.22% 4.16% -4.30% 9.97% 6.92% 1.90%
Quartile Ranking 1 2 3 1 4 2 2 1 1 1
Category Rank 7/ 54 21/ 57 40/ 66 1/ 68 74/ 74 37/ 74 21/ 74 2/ 75 10/ 76 1/ 80

Best Calendar Return (Last 10 years)

13.36% (2023)

Worst Calendar Return (Last 10 years)

-3.56% (2020)

Asset Allocation

Asset Allocation
Name Percent
Cash and Equivalents 91.75
Foreign Bonds - Other 8.24
Other 0.01

Sector Allocation

Sector Allocation
Name Percent
Cash and Cash Equivalent 91.76
Fixed Income 8.24

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
CANADA T BILL BILLS 0.00% 29-Jul-2026 45.11
CANADA T BILL BILLS 0.00% 07-Oct-2026 31.40
S5107533 CDS USD R F 5.00000 731598381 CCPCDX 31.05
S5106857 CDS USD R F 5.00000 731598204 CCPCDX 28.15
CANADA T BILL BILLS 0.00% 09-Sep-2026 20.87
S5106485 CDS USD R F 5.00000 731598122 CCPCDX 15.97
S5106858 CDS USD R F 5.00000 731598265 CCPCDX 14.77
S5106481 CDS USD R F 5.00000 731430079 CCPCDX 3.62
S5107453 CDS USD R F 5.00000 731597847 CCPCDX 2.71
CANADIAN DOLLAR 0.03

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

BMO Floating Rate High Yield ETF

Median

Other - Floating Rate Loan

3 Yr Annualized

Standard Deviation 4.10% 5.49% 6.33%
Beta 0.09 0.28 0.45
Alpha 0.09 0.05 0.03
Rsquared 0.01% 0.11% 0.25%
Sharpe 1.50 0.74 0.62
Sortino 4.04 1.22 0.60
Treynor 0.66 0.14 0.09
Tax Efficiency 71.58% 65.07% 62.83%
Volatility Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10

Risk Rating

Rating 2 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 3.32% 4.10% 5.49% 6.33%
Beta 0.40 0.09 0.28 0.45
Alpha 0.05 0.09 0.05 0.03
Rsquared 0.31% 0.01% 0.11% 0.25%
Sharpe 1.54 1.50 0.74 0.62
Sortino 2.88 4.04 1.22 0.60
Treynor 0.13 0.66 0.14 0.09
Tax Efficiency 72.00% 71.58% 65.07% 62.83%

Fund Details

Start Date February 10, 2014
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
N/A

Investment Objectives

BMO Floating Rate High Yield ETF provides exposure to high yield credit with minimal duration risks. The Fund invests in CAD T-Bills targeting an average weighted maturity of 90 days to minimize interest rate risk.

Investment Strategy

To enhance the yield, ZFH gains exposure to a diversified basket of US high yield (non-investment grade) issuers through the use of credit default swaps (CDS). Exposure through CDS provides the fund with several benefits, including central clearing, liquidity, pricing transparency, counterparty assurance, and regulatory oversight.

Portfolio Management

Portfolio Manager

BMO Asset Management Inc.
Sub-Advisor

-

Management and Organization

Fund Manager

BMO Asset Management Inc.
Custodian

State Street Trust Company Canada
Registrar

State Street Trust Company Canada
Distributor

-

Investment Minimums

RSP Eligible Yes
PAC Allowed No
PAC Initial Investment -
PAC Subsequent -
SWP Allowed No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 0.45%
Management Fee 0.40%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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