CGMU
MegaLong (3X) Canadian Gold Miners Daily Leveraged Alternative ETF

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

Full ZUT fund page

When evaluating costs, CGMU features a management fee (MER) of 1.55%, compared to 0.55% for ZUT. Performance-wise, CGMU has returned 44.4% year-to-date with +$5 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

-60.0-50.0-40.0-30.0-20.0-10.00.0%May 12May 19May 26Jun 2Jun 9

Key Data

Historical performance and flows

As of June 12, 2026
1M3MYTD1Y3Y
Perf.
CGMU
-46.68%-56.73%-44.40%+112.60%-
ZUT
+3.71%+8.83%+20.18%+27.67%+47.40%
Flows
CGMU
+$6 M+$6 M+$5 M-$16 M-
ZUT
-$4 M+$15 M-$66 M+$132 M+$243 M

CGMU vs ZUT exposure

Countries

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

Sectors

CGMU
Exposure data will be available soon
ZUT
Utilities
100.00%
As of June 12, 2026

Top 10 Holdings

CGMU
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

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

Characteristics

Compare
CGMU
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 CGMU and ZUT

Which ETF has performed better year to date: CGMU or ZUT?
As of June 12, 2026, CGMU has returned -44.40% year to date, while ZUT has returned 20.18%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: CGMU or ZUT?
As of June 12, 2026, CGMU manages $17.00 M in assets, while ZUT manages $901.76 M. ZUT is the larger fund by AUM.
How are CGMU and ZUT managed?
CGMU 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: CGMU or ZUT?
Year to date, CGMU has seen +$4.92 M in net flows, compared with -$65.77 M for ZUT. CGMU has attracted more net investor money so far.
How do the fees of CGMU and ZUT compare?
CGMU has an expense ratio of 1.55%, while ZUT has an expense ratio of 0.61%.

Recent articles about CGMU and ZUT

CboeTrackinsight
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.

All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
diamonds