VS
When evaluating costs, CQLU features a management fee (MER) of 0.3%, compared to 0.55% for ZUT. Performance-wise, CQLU has returned 3.72% year-to-date with +$132 M in net flows, whereas ZUT is at 15.32% with -$60 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
CQLU
ZUT
| AuM | $1,048.09 M | $873.00 M |
| Management Fees | 0.30% | 0.55% |
| Exp. ratio | 0.34% | 0.61% |
| Tracking Difference | - | -0.85% |
Historical performance and flows
As of April 30, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CQLU | -0.72% | +0.88% | +3.72% | +1.75% | +27.79% |
ZUT | -0.63% | +12.47% | +15.32% | +28.73% | +38.60% | |
| Flows | CQLU | +$130 M | +$129 M | +$132 M | +$206 M | +$1,087 M |
ZUT | +$25 M | -$37 M | -$60 M | +$129 M | +$254 M |
CQLU vs ZUT exposure
Countries
CQLU
Exposure data will be available soon
ZUT
Canada
85.16%
Bermuda
14.84%
Sectors
CQLU
Exposure data will be available soon
ZUT
Utilities
100.00%
As of April 30, 2026
Top 10 Holdings
CQLU
Exposure data will be available soon
ZUT
BORALEX
9.91%
NORTHLAND POWER
7.97%
BROOKFIELD RENEWABLE PARTNERS
7.84%
CAPITAL POWER
7.84%
ALTAGAS
7.70%
ATCO
7.53%
ALGONQUIN POWER
7.52%
TRANSALTA
7.49%
EMERA
7.42%
CANADIAN UTILITIES
7.38%
Diversification
CQLU
Exposure data will be available soon
ZUT
Total weight of top 10 holdings out of 13 total
78.61%
Characteristics
Compare
CQLU
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 | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.61% | 2.91% |
| Meets ESG criteria | No | No |
| Inception Date | November 16, 2021 | January 19, 2010 |
Frequently asked questions about CQLU and ZUT
Which ETF has performed better year to date: CQLU or ZUT?
As of April 30, 2026, CQLU has returned 3.72% year to date, while ZUT has returned 15.32%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: CQLU or ZUT?
As of April 30, 2026, CQLU manages $1.05 B in assets, while ZUT manages $873.00 M. CQLU is the larger fund by AUM.
How are CQLU and ZUT managed?
CQLU 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: CQLU or ZUT?
Year to date, CQLU has seen +$131.80 M in net flows, compared with -$60.16 M for ZUT. CQLU has attracted more net investor money so far.
How do the fees of CQLU and ZUT compare?
CQLU has an expense ratio of 0.34%, while ZUT has an expense ratio of 0.61%.
Recent articles about CQLU and ZUT
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