VS
CI DoubleLine Total Return Bond US$ Fund ETF (CDLB) and BMO Equal Weight Utilities Index ETF (ZUT) offer distinct profiles for Canadian ETF investors. A direct comparison shows that CDLB focuses its top 3 sector exposures on Sovereign and Other sectors, while ZUT leans towards Utilities. When evaluating costs, CDLB features a management fee (MER) of 0.6%, compared to 0.55% for ZUT. Performance-wise, CDLB has returned 0% year-to-date with +$0 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
CDLB
ZUT
| AuM | $1.23 M | $901.76 M |
| Management Fees | 0.60% | 0.55% |
| Exp. ratio | 0.83% | 0.61% |
| Tracking Difference | - | -0.90% |
Historical performance and flows
As of June 12, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CDLB | +0.21% | -0.19% | -0.00% | +2.57% | +9.71% |
ZUT | +3.71% | +8.83% | +20.18% | +27.67% | +47.40% | |
| Flows | CDLB | +$0 M | +$0 M | +$0 M | -$1 M | -$5 M |
ZUT | -$4 M | +$15 M | -$66 M | +$132 M | +$243 M |
CDLB vs ZUT exposure
Countries
CDLB
USA
99.11%
ZUT
Canada
85.23%
Bermuda
14.77%
Sectors
CDLB
Other
93.42%
ZUT
Utilities
100.00%
As of June 12, 2026
Top 10 Holdings
CDLB
USA, Bonds 1.625% 15nov2050, USD
4.66%
US3136BKUR17
3.69%
US3137H5TA58
2.91%
US38383DKZ05
2.45%
US31426WK417
2.42%
US3136BK6X56
2.20%
US3140NUHQ54
2.06%
US3132DQM602
2.01%
US3140XC3V88
1.99%
US32029GAE44
1.91%
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
CDLB
Total weight of top 10 holdings out of 212 total
26.30%
ZUT
Total weight of top 10 holdings out of 13 total
78.87%
Characteristics
Compare
CDLB
ZUT
| Provider | CI | 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 | 4.69% | 2.77% |
| Meets ESG criteria | No | No |
| Inception Date | May 12, 2020 | January 19, 2010 |
Frequently asked questions about CDLB and ZUT
Which ETF has performed better year to date: CDLB or ZUT?
As of June 12, 2026, CDLB has returned -0.00% year to date, while ZUT has returned 20.18%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: CDLB or ZUT?
As of June 12, 2026, CDLB manages $1.23 M in assets, while ZUT manages $901.76 M. ZUT is the larger fund by AUM.
How are CDLB and ZUT managed?
CDLB is actively managed by CI. 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.
What sectors do CDLB and ZUT emphasize?
CDLB is most exposed to Sovereign and Other sectors. ZUT is most exposed to Utilities.
Which ETF is attracting more investor flows: CDLB or ZUT?
Year to date, CDLB has seen +$0.16 M in net flows, compared with -$65.77 M for ZUT. CDLB has attracted more net investor money so far.
How do the fees of CDLB and ZUT compare?
CDLB has an expense ratio of 0.83%, while ZUT has an expense ratio of 0.61%.
What are the top holdings of CDLB and ZUT?
CDLB's largest holdings include USA, Bonds 1.625% 15nov2050, USD and USA, TIPS 1.625% 15oct2027, USD (AE-2027). ZUT's top holdings include BORALEX, NORTHLAND POWER, and ALTAGAS.
Which ETF is more diversified: CDLB or ZUT?
CDLB holds 11 securities, while ZUT holds 13. On holdings count, ZUT is the more diversified portfolio.
Recent articles about CDLB and ZUT
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