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Horizons Active High Yield Bond ETF (HYI.A)
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iShares U.S. High Yield Bond Index ETF (CAD-Hedged) (XHY)
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BMO High Yield US Corporate Bond Index ETF (ZJK)
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Mackenzie US High Yield Bond Index ETF (CAD-Hedged) (QHY)
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Q: I noted and likely your strategy to add to XHY for income and possible capital gains. However, when I looked at high yield corp. bond ETFs, ZJK looked better overall. There is also the matter of CAD hedging. I'm looking to park cash for my 2023 RIF withdrawal this December and I've been using the BMO HISA for this. Can I have your opinion on using ZJK or XHY instead for about 2% higher income?

Read Answer Asked by Earl on January 12, 2023

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