VS
When evaluating costs, CFRN features a management fee (MER) of 0.3%, compared to 0.55% for ZUT. Performance-wise, CFRN has returned 1.46% year-to-date with +$64 M in net flows, whereas ZUT is at 22.01% with -$126 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
CFRN
ZUT
| AuM | $616.48 M | $852.91 M |
| Management Fees | 0.30% | 0.55% |
| Exp. ratio | 0.34% | 0.61% |
| Tracking Difference | - | -0.85% |
Historical performance and flows
As of July 16, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CFRN | +0.21% | +0.71% | +1.46% | +3.03% | +12.98% |
ZUT | +1.71% | +5.71% | +22.01% | +27.22% | +54.59% | |
| Flows | CFRN | +$13 M | +$52 M | +$64 M | +$108 M | +$289 M |
ZUT | -$60 M | -$66 M | -$126 M | -$42 M | +$188 M |
CFRN vs ZUT exposure
Countries
CFRN
Exposure data will be available soon
ZUT
Canada
83.77%
Bermuda
16.23%
Sectors
CFRN
Exposure data will be available soon
ZUT
Utilities
84.34%
Energy
8.20%
Industrials
7.46%
As of July 16, 2026
Top 10 Holdings
CFRN
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
CFRN
Exposure data will be available soon
ZUT
Total weight of top 10 holdings out of 13 total
79.35%
Characteristics
Compare
CFRN
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 | 3.17% | 2.72% |
| Meets ESG criteria | No | No |
| Inception Date | January 22, 2019 | January 19, 2010 |
Frequently asked questions about CFRN and ZUT
Which ETF has performed better year to date: CFRN or ZUT?
As of July 16, 2026, CFRN has returned 1.46% year to date, while ZUT has returned 22.01%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: CFRN or ZUT?
As of July 16, 2026, CFRN manages $616.48 M in assets, while ZUT manages $852.91 M. ZUT is the larger fund by AUM.
How are CFRN and ZUT managed?
CFRN 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: CFRN or ZUT?
Year to date, CFRN has seen +$63.92 M in net flows, compared with -$125.69 M for ZUT. CFRN has attracted more net investor money so far.
How do the fees of CFRN and ZUT compare?
CFRN has an expense ratio of 0.34%, while ZUT has an expense ratio of 0.61%.
Recent articles about CFRN and ZUT
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