CIEM
CI Emerging Markets Alpha ETF

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

Full ZUT fund page

When evaluating costs, CIEM features a management fee (MER) of 0.85%, compared to 0.55% for ZUT. Performance-wise, CIEM has returned 26.17% year-to-date with -$52 M in net flows, whereas ZUT is at 13.92% with -$96 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.

NAV Performance and Flows

-8.0-6.0-4.0-2.00.02.04.0%Aug 4Aug 11Aug 18Aug 25Sep 1

Key Data

Historical performance and flows

As of September 4, 2026
1M3MYTD1Y3Y
Perf.
CIEM
+3.07%-4.18%+26.17%+40.97%+84.52%
ZUT
-6.00%-4.94%+13.92%+20.18%+49.46%
Flows
CIEM
-$3 M-$21 M-$52 M-$14 M-$24 M
ZUT
+$23 M-$27 M-$96 M-$89 M+$217 M

CIEM vs ZUT exposure

Countries

CIEM
Exposure data will be available soon
ZUT
Canada
84.41%
Bermuda
15.59%

Sectors

CIEM
Exposure data will be available soon
ZUT
Utilities
83.73%
Energy
8.32%
Industrials
7.95%
As of September 4, 2026

Top 10 Holdings

CIEM
Exposure data will be available soon
ZUT
Boralex, Inc.
9.47%
ATCO Ltd.
8.45%
AltaGas Ltd.
8.32%
Canadian Utilities Ltd.
8.09%
Brookfield Infrastructure Partners LP
7.95%
Capital Power Corp.
7.68%
Brookfield Renewable Partners LP
7.64%
Emera, Inc.
7.35%
TransAlta Corp.
7.18%
Northland Power, Inc.
7.08%

Diversification

CIEM
Exposure data will be available soon
ZUT
Total weight of top 10 holdings out of 13 total
79.21%

Characteristics

Compare
CIEM
ZUT
ProviderCIBMO
ManagementActively managedPassively managed
Benchmark-Solactive Equal Weight Canada Utilities Total Return Index - CAD
Replication MethodDirect (Physical)
Asset ClassEquityEquity
Dividend PolicyDistributingDistributing
Trailing 12m distribution yield0.66%2.90%
Meets ESG criteriaNoNo
Inception DateAugust 31, 2021January 19, 2010

Frequently asked questions about CIEM and ZUT

Which ETF has performed better year to date: CIEM or ZUT?
As of September 4, 2026, CIEM has returned 26.17% year to date, while ZUT has returned 13.92%. CIEM is ahead on YTD performance.
Which ETF is larger by assets under management: CIEM or ZUT?
As of September 4, 2026, CIEM manages $144.81 M in assets, while ZUT manages $820.93 M. ZUT is the larger fund by AUM.
How are CIEM and ZUT managed?
CIEM 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.
Which ETF is attracting more investor flows: CIEM or ZUT?
Year to date, CIEM has seen -$52.42 M in net flows, compared with -$96.30 M for ZUT. CIEM has attracted more net investor money so far.
How do the fees of CIEM and ZUT compare?
CIEM has an expense ratio of 1.07%, while ZUT has an expense ratio of 0.61%.

Recent articles about CIEM and ZUT

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