VS
When evaluating costs, ALPU features a management fee (MER) of 1.55%, compared to 0.55% for ZUT. Performance-wise, ALPU has returned 23.57% year-to-date with -$1 M in net flows, whereas ZUT is at 20.18% with -$66 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
ALPU
ZUT
| AuM | $7.63 M | $901.76 M |
| Management Fees | 1.55% | 0.55% |
| Exp. ratio | 1.55% | 0.61% |
| Tracking Difference | - | -0.90% |
Historical performance and flows
As of June 12, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ALPU | -13.32% | +36.18% | +23.57% | +257.60% | - |
ZUT | +3.71% | +8.83% | +20.18% | +27.67% | +47.40% | |
| Flows | ALPU | +$2 M | +$0 M | -$1 M | -$2 M | - |
ZUT | -$4 M | +$15 M | -$66 M | +$132 M | +$243 M |
ALPU vs ZUT exposure
Countries
ALPU
Exposure data will be available soon
ZUT
Canada
85.23%
Bermuda
14.77%
Sectors
ALPU
Exposure data will be available soon
ZUT
Utilities
100.00%
As of June 12, 2026
Top 10 Holdings
ALPU
Exposure data will be available soon
ZUT
BORALEX
10.04%
NORTHLAND POWER
8.09%
ALTAGAS
8.08%
BROOKFIELD RENEWABLE PARTNERS
7.87%
ATCO
7.62%
CAPITAL POWER
7.57%
EMERA
7.48%
ALGONQUIN POWER
7.47%
CANADIAN UTILITIES
7.43%
FORTIS
7.23%
Diversification
ALPU
Exposure data will be available soon
ZUT
Total weight of top 10 holdings out of 13 total
78.87%
Characteristics
Compare
ALPU
ZUT
| Provider | LongPoint Asset Management | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | GOOGL Price - USD | Solactive Equal Weight Canada Utilities Total Return Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.00% | 2.77% |
| Meets ESG criteria | No | No |
| Inception Date | June 3, 2025 | January 19, 2010 |
Frequently asked questions about ALPU and ZUT
Which ETF has performed better year to date: ALPU or ZUT?
As of June 12, 2026, ALPU has returned 23.57% year to date, while ZUT has returned 20.18%. ALPU is ahead on YTD performance.
Which ETF is larger by assets under management: ALPU or ZUT?
As of June 12, 2026, ALPU manages $7.63 M in assets, while ZUT manages $901.76 M. ZUT is the larger fund by AUM.
How are ALPU and ZUT managed?
ALPU is passively managed by LongPoint Asset Management. It tracks the GOOGL Price - USD benchmark. ZUT is passively managed by BMO. It tracks the Solactive Equal Weight Canada Utilities Total Return Index - CAD benchmark.
Which ETF is attracting more investor flows: ALPU or ZUT?
Year to date, ALPU has seen -$0.60 M in net flows, compared with -$65.77 M for ZUT. ALPU has attracted more net investor money so far.
How do the fees of ALPU and ZUT compare?
ALPU has an expense ratio of 1.55%, while ZUT has an expense ratio of 0.61%.
Recent articles about ALPU and ZUT
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All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.




