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CIBC All-Equity ETF Portfolio ETF (CEQY) and BMO Equal Weight Utilities Index ETF (ZUT) offer distinct profiles for Canadian ETF investors. A direct comparison shows that CEQY focuses its top 3 sector exposures on Technology, Finance, and Industrials, while ZUT leans towards Utilities, Energy, and Industrials. When evaluating costs, CEQY features a management fee (MER) of 0.15%, compared to 0.55% for ZUT. Performance-wise, CEQY has returned 12.3% year-to-date with +$6 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
CEQY
ZUT
| AuM | $7.41 M | $853.07 M |
| Management Fees | 0.15% | 0.55% |
| Exp. ratio | 0.15% | 0.61% |
| Tracking Difference | - | -0.85% |
Historical performance and flows
As of July 20, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CEQY | -1.53% | +5.36% | +12.30% | - | - |
ZUT | +1.08% | +6.43% | +22.25% | +25.92% | +52.94% | |
| Flows | CEQY | +$1 M | +$4 M | +$6 M | - | - |
ZUT | -$5 M | -$67 M | -$127 M | -$50 M | +$186 M |
CEQY vs ZUT exposure
Countries
CEQY
USA
44.40%
Canada
25.93%
Other
29.66%
ZUT
Canada
84.68%
Bermuda
15.32%
Sectors
CEQY
Technology
27.03%
Finance
24.31%
Industrials
9.72%
Non-Energy Materials
7.34%
Other
31.60%
ZUT
Utilities
85.04%
Energy
7.95%
Industrials
7.01%
As of July 20, 2026
Top 10 Holdings
CEQY
NVIDIA Corp.
3.24%
Apple, Inc.
2.98%
Royal Bank of Canada
2.24%
Microsoft Corp.
1.85%
Amazon.com, Inc.
1.62%
The Toronto-Dominion Bank
1.56%
Alphabet, Inc.
1.46%
Broadcom Inc.
1.19%
Alphabet, Inc.
1.15%
Shopify, Inc.
1.09%
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
CEQY
Total weight of top 10 holdings out of 6,225 total
18.37%
ZUT
Total weight of top 10 holdings out of 13 total
79.05%
Characteristics
Compare
CEQY
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 | August 25, 2025 | January 19, 2010 |
Frequently asked questions about CEQY and ZUT
Which ETF has performed better year to date: CEQY or ZUT?
As of July 20, 2026, CEQY has returned 12.30% year to date, while ZUT has returned 22.25%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: CEQY or ZUT?
As of July 20, 2026, CEQY manages $7.41 M in assets, while ZUT manages $853.07 M. ZUT is the larger fund by AUM.
How are CEQY and ZUT managed?
CEQY 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.
What sectors do CEQY and ZUT emphasize?
CEQY is most exposed to Technology, Finance, and Industrials. ZUT is most exposed to Utilities, Energy, and Industrials.
Which ETF is attracting more investor flows: CEQY or ZUT?
Year to date, CEQY has seen +$5.72 M in net flows, compared with -$127.21 M for ZUT. CEQY has attracted more net investor money so far.
How do the fees of CEQY and ZUT compare?
CEQY has an expense ratio of 0.15%, while ZUT has an expense ratio of 0.61%.
What are the top holdings of CEQY and ZUT?
CEQY's largest holdings include NVIDIA Corp., Apple, Inc., and Alphabet, Inc.. ZUT's top holdings include Boralex, Inc., Capital Power Corp., and Brookfield Renewable Partners LP.
Which ETF is more diversified: CEQY or ZUT?
CEQY holds 6100 securities, while ZUT holds 13. On holdings count, CEQY is the more diversified portfolio.
Recent articles about CEQY and ZUT
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