VS
CI Growth Asset Allocation ETF (CGRO) and BMO Equal Weight Utilities Index ETF (ZUT) offer distinct profiles for Canadian ETF investors. A direct comparison shows that CGRO focuses its top 3 sector exposures on Technology, Finance, and Industrials, while ZUT leans towards Utilities, Energy, and Industrials. When evaluating costs, CGRO features a management fee (MER) of 0.22%, compared to 0.55% for ZUT. Performance-wise, CGRO has returned 10.3% year-to-date with +$24 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
CGRO
ZUT
| AuM | $89.77 M | $852.91 M |
| Management Fees | 0.22% | 0.55% |
| Exp. ratio | 0.29% | 0.61% |
| Tracking Difference | - | -0.85% |
Historical performance and flows
As of July 17, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CGRO | -1.10% | +3.79% | +10.30% | +21.20% | +61.29% |
ZUT | +1.71% | +5.71% | +22.01% | +27.22% | +54.59% | |
| Flows | CGRO | +$5 M | +$11 M | +$24 M | +$35 M | +$73 M |
ZUT | -$60 M | -$66 M | -$126 M | -$42 M | +$188 M |
CGRO vs ZUT exposure
Countries
CGRO
Canada
36.44%
USA
31.11%
Other
32.45%
ZUT
Canada
83.77%
Bermuda
16.23%
Sectors
CGRO
Technology
20.67%
Finance
19.13%
Industrials
7.95%
Non-Energy Materials
7.22%
Other
45.03%
ZUT
Utilities
84.34%
Energy
8.20%
Industrials
7.46%
As of July 17, 2026
Top 10 Holdings
CGRO
CA12548U1075
3.92%
NVIDIA Corp.
2.19%
Apple, Inc.
1.99%
Royal Bank of Canada
1.70%
Microsoft Corp.
1.47%
The Toronto-Dominion Bank
1.22%
Amazon.com, Inc.
1.16%
Taiwan Semiconductor Manufacturing Co., Ltd.
1.04%
Alphabet, Inc.
0.98%
Broadcom Inc.
0.92%
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
CGRO
Total weight of top 10 holdings out of 7,813 total
16.60%
ZUT
Total weight of top 10 holdings out of 13 total
79.35%
Characteristics
Compare
CGRO
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 | Equity, Fixed Income | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.60% | 2.72% |
| Meets ESG criteria | No | No |
| Inception Date | May 17, 2023 | January 19, 2010 |
Frequently asked questions about CGRO and ZUT
Which ETF has performed better year to date: CGRO or ZUT?
As of July 17, 2026, CGRO has returned 10.30% year to date, while ZUT has returned 22.01%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: CGRO or ZUT?
As of July 17, 2026, CGRO manages $89.77 M in assets, while ZUT manages $852.91 M. ZUT is the larger fund by AUM.
How are CGRO and ZUT managed?
CGRO 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 CGRO and ZUT emphasize?
CGRO is most exposed to Technology, Finance, and Industrials. ZUT is most exposed to Utilities, Energy, and Industrials.
Which ETF is attracting more investor flows: CGRO or ZUT?
Year to date, CGRO has seen +$24.06 M in net flows, compared with -$125.69 M for ZUT. CGRO has attracted more net investor money so far.
How do the fees of CGRO and ZUT compare?
CGRO has an expense ratio of 0.29%, while ZUT has an expense ratio of 0.61%.
What are the top holdings of CGRO and ZUT?
CGRO's largest holdings include NVIDIA Corp. and Apple, Inc.. ZUT's top holdings include Boralex, Inc., Brookfield Renewable Partners LP, and AltaGas Ltd..
Which ETF is more diversified: CGRO or ZUT?
CGRO holds 7608 securities, while ZUT holds 13. On holdings count, CGRO is the more diversified portfolio.
Recent articles about CGRO and ZUT
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