VS
When evaluating costs, CBLN features a management fee (MER) of 0.17%, compared to 0.55% for ZUT. Performance-wise, CBLN has returned 7.57% year-to-date with +$1 M in net flows, whereas ZUT is at 22.25% with -$127 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
CBLN
ZUT
| AuM | $2.34 M | $853.07 M |
| Management Fees | 0.17% | 0.55% |
| Exp. ratio | 0.17% | 0.61% |
| Tracking Difference | - | -0.85% |
Historical performance and flows
As of July 20, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CBLN | -1.19% | +3.11% | +7.57% | - | - |
ZUT | +1.08% | +6.43% | +22.25% | +25.92% | +52.94% | |
| Flows | CBLN | +$0 M | +$1 M | +$1 M | - | - |
ZUT | -$5 M | -$67 M | -$127 M | -$50 M | +$186 M |
CBLN vs ZUT exposure
Countries
CBLN
Exposure data will be available soon
ZUT
Canada
84.68%
Bermuda
15.32%
Sectors
CBLN
Exposure data will be available soon
ZUT
Utilities
85.04%
Energy
7.95%
Industrials
7.01%
As of July 20, 2026
Top 10 Holdings
CBLN
Exposure data will be available soon
ZUT
Boralex, Inc.
9.46%
Capital Power Corp.
8.42%
Brookfield Renewable Partners LP
8.31%
AltaGas Ltd.
7.95%
ATCO Ltd.
7.77%
TransAlta Corp.
7.74%
Canadian Utilities Ltd.
7.65%
Emera, Inc.
7.38%
Fortis, Inc.
7.23%
Northland Power, Inc.
7.14%
Diversification
CBLN
Exposure data will be available soon
ZUT
Total weight of top 10 holdings out of 13 total
79.05%
Characteristics
Compare
CBLN
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, Fixed Income | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | - | 2.72% |
| Meets ESG criteria | No | No |
| Inception Date | November 6, 2025 | January 19, 2010 |
Frequently asked questions about CBLN and ZUT
Which ETF has performed better year to date: CBLN or ZUT?
As of July 20, 2026, CBLN has returned 7.57% year to date, while ZUT has returned 22.25%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: CBLN or ZUT?
As of July 20, 2026, CBLN manages $2.34 M in assets, while ZUT manages $853.07 M. ZUT is the larger fund by AUM.
How are CBLN and ZUT managed?
CBLN 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.
Which ETF is attracting more investor flows: CBLN or ZUT?
Year to date, CBLN has seen +$1.05 M in net flows, compared with -$127.21 M for ZUT. CBLN has attracted more net investor money so far.
How do the fees of CBLN and ZUT compare?
CBLN has an expense ratio of 0.17%, while ZUT has an expense ratio of 0.61%.
Recent articles about CBLN 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.




