VS
When evaluating costs, CCLO features a management fee (MER) of 0.3%, compared to 0.55% for ZUT. Performance-wise, CCLO has returned 0.5% year-to-date with -$37 M in net flows, whereas ZUT is at 15.32% with -$60 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
CCLO
ZUT
| AuM | $48.52 M | $873.00 M |
| Management Fees | 0.30% | 0.55% |
| Exp. ratio | 0.30% | 0.61% |
| Tracking Difference | - | -0.85% |
Historical performance and flows
As of April 30, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CCLO | -0.05% | +0.17% | +0.50% | - | - |
ZUT | -0.63% | +12.47% | +15.32% | +28.73% | +38.60% | |
| Flows | CCLO | -$3 M | -$23 M | -$37 M | - | - |
ZUT | +$25 M | -$37 M | -$60 M | +$129 M | +$254 M |
CCLO vs ZUT exposure
Countries
CCLO
Exposure data will be available soon
ZUT
Canada
85.16%
Bermuda
14.84%
Sectors
CCLO
Exposure data will be available soon
ZUT
Utilities
100.00%
As of April 30, 2026
Top 10 Holdings
CCLO
Exposure data will be available soon
ZUT
BORALEX
9.91%
NORTHLAND POWER
7.97%
BROOKFIELD RENEWABLE PARTNERS
7.84%
CAPITAL POWER
7.84%
ALTAGAS
7.70%
ATCO
7.53%
ALGONQUIN POWER
7.52%
TRANSALTA
7.49%
EMERA
7.42%
CANADIAN UTILITIES
7.38%
Diversification
CCLO
Exposure data will be available soon
ZUT
Total weight of top 10 holdings out of 13 total
78.61%
Characteristics
Compare
CCLO
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 | Fixed Income | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | - | 2.91% |
| Meets ESG criteria | No | No |
| Inception Date | May 21, 2025 | January 19, 2010 |
Frequently asked questions about CCLO and ZUT
Which ETF has performed better year to date: CCLO or ZUT?
As of April 30, 2026, CCLO has returned 0.50% year to date, while ZUT has returned 15.32%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: CCLO or ZUT?
As of April 30, 2026, CCLO manages $48.52 M in assets, while ZUT manages $873.00 M. ZUT is the larger fund by AUM.
How are CCLO and ZUT managed?
CCLO 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: CCLO or ZUT?
Year to date, CCLO has seen -$36.51 M in net flows, compared with -$60.16 M for ZUT. CCLO has attracted more net investor money so far.
How do the fees of CCLO and ZUT compare?
CCLO has an expense ratio of 0.30%, while ZUT has an expense ratio of 0.61%.
Recent articles about CCLO and ZUT
From CLOs to 3x Bets: New ETFs Shake Up the Canadian Market
Canadian investors now have two new ways to play: high-quality yield or high-octane trades.
Posted on 5/26/2025 by ETF Market Canada inLaunches
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