VS
When evaluating costs, CAEM features a management fee (MER) of 0.39%, compared to 0.55% for ZUT. 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
CAEM
ZUT
| AuM | $87.71 M | $852.91 M |
| Management Fees | 0.39% | 0.55% |
| Exp. ratio | 0.39% | 0.61% |
| Tracking Difference | - | -0.85% |
Historical performance and flows
As of July 17, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CAEM | -9.02% | +1.63% | - | - | - |
ZUT | +1.71% | +5.71% | +22.01% | +27.22% | +54.59% | |
| Flows | CAEM | +$37 M | +$85 M | - | - | - |
ZUT | -$60 M | -$66 M | -$126 M | -$42 M | +$188 M |
CAEM vs ZUT exposure
Countries
CAEM
Exposure data will be available soon
ZUT
Canada
83.77%
Bermuda
16.23%
Sectors
CAEM
Exposure data will be available soon
ZUT
Utilities
84.34%
Energy
8.20%
Industrials
7.46%
As of July 17, 2026
Top 10 Holdings
CAEM
Exposure data will be available soon
ZUT
Boralex, Inc.
9.57%
Brookfield Renewable Partners LP
8.77%
AltaGas Ltd.
8.20%
Capital Power Corp.
8.05%
TransAlta Corp.
7.83%
Northland Power, Inc.
7.73%
Brookfield Infrastructure Partners LP
7.46%
Canadian Utilities Ltd.
7.33%
ATCO Ltd.
7.25%
Emera, Inc.
7.16%
Diversification
CAEM
Exposure data will be available soon
ZUT
Total weight of top 10 holdings out of 13 total
79.35%
Characteristics
Compare
CAEM
ZUT
| Provider | CIBC | BMO |
| Management | Actively managed | Passively managed |
| Benchmark | - | 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 | - | 2.72% |
| Meets ESG criteria | No | No |
| Inception Date | March 31, 2026 | January 19, 2010 |
Frequently asked questions about CAEM and ZUT
Which ETF is larger by assets under management: CAEM or ZUT?
As of July 17, 2026, CAEM manages $87.71 M in assets, while ZUT manages $852.91 M. ZUT is the larger fund by AUM.
How are CAEM and ZUT managed?
CAEM is actively managed by CIBC. It does not track an index. ZUT is passively managed by BMO. It tracks the Solactive Equal Weight Canada Utilities Total Return Index - CAD benchmark.
How do the fees of CAEM and ZUT compare?
CAEM has an expense ratio of 0.39%, while ZUT has an expense ratio of 0.61%.
Recent articles about CAEM 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.

