CGMD
MegaShort (-3X) Canadian Gold Miners Daily Leveraged Alternative ETF

Full CGMD fund page
VS
ZUT
BMO Equal Weight Utilities Index ETF

Full ZUT fund page

When evaluating costs, CGMD features a management fee (MER) of 1.55%, compared to 0.55% for ZUT. Performance-wise, CGMD has returned 39.16% year-to-date with -$1 M in net flows, whereas ZUT is at 20.43% with -$76 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.

NAV Performance and Flows

020406080%May 11May 18May 25Jun 1Jun 8

Key Data

Historical performance and flows

As of June 11, 2026
1M3MYTD1Y3Y
Perf.
CGMD
+59.57%+33.78%-39.16%-92.78%-
ZUT
+3.72%+9.48%+20.43%+29.41%+47.71%
Flows
CGMD
+$0 M+$0 M-$1 M+$12 M-
ZUT
-$15 M+$4 M-$76 M+$122 M+$233 M

CGMD vs ZUT exposure

Countries

CGMD
Exposure data will be available soon
ZUT
Canada
85.23%
Bermuda
14.77%

Sectors

CGMD
Exposure data will be available soon
ZUT
Utilities
100.00%
As of June 11, 2026

Top 10 Holdings

CGMD
Exposure data will be available soon
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

CGMD
Exposure data will be available soon
ZUT
Total weight of top 10 holdings out of 13 total
78.87%

Characteristics

Compare
CGMD
ZUT
ProviderLongPoint Asset ManagementBMO
ManagementPassively managedPassively managed
BenchmarkSolactive Canadian Gold Miners GTR Index - CADSolactive Equal Weight Canada Utilities Total Return Index - CAD
Replication MethodDirect (Physical)
Asset ClassEquityEquity
Dividend PolicyDistributingDistributing
Trailing 12m distribution yield0.00%2.77%
Meets ESG criteriaNoNo
Inception DateMay 28, 2025January 19, 2010

Frequently asked questions about CGMD and ZUT

Which ETF has performed better year to date: CGMD or ZUT?
As of June 11, 2026, CGMD has returned -39.16% year to date, while ZUT has returned 20.43%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: CGMD or ZUT?
As of June 11, 2026, CGMD manages $6.59 M in assets, while ZUT manages $893.16 M. ZUT is the larger fund by AUM.
How are CGMD and ZUT managed?
CGMD is passively managed by LongPoint Asset Management. It tracks the Solactive Canadian Gold Miners GTR Index - CAD benchmark. 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: CGMD or ZUT?
Year to date, CGMD has seen -$0.53 M in net flows, compared with -$76.24 M for ZUT. CGMD has attracted more net investor money so far.
How do the fees of CGMD and ZUT compare?
CGMD has an expense ratio of 1.55%, while ZUT has an expense ratio of 0.61%.

Recent articles about CGMD and ZUT

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