VS
When evaluating costs, CTBD features a management fee (MER) of 0.15%, compared to 0.55% for ZUT. Performance-wise, CTBD has returned 1.39% year-to-date with +$48 M in net flows, whereas ZUT is at 20.06% with -$127 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
CTBD
ZUT
| AuM | $110.86 M | $837.78 M |
| Management Fees | 0.15% | 0.55% |
| Exp. ratio | 0.23% | 0.61% |
| Tracking Difference | - | -0.85% |
Historical performance and flows
As of July 6, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CTBD | +0.51% | +1.25% | +1.39% | +3.39% | - |
ZUT | +0.89% | +2.37% | +20.06% | +27.84% | +54.02% | |
| Flows | CTBD | +$10 M | +$21 M | +$48 M | +$70 M | - |
ZUT | -$60 M | -$42 M | -$127 M | -$25 M | +$182 M |
CTBD vs ZUT exposure
Countries
CTBD
Exposure data will be available soon
ZUT
Canada
83.77%
Bermuda
16.23%
Sectors
CTBD
Exposure data will be available soon
ZUT
Utilities
84.34%
Energy
8.20%
Industrials
7.46%
As of July 6, 2026
Top 10 Holdings
CTBD
Exposure data will be available soon
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
CTBD
Exposure data will be available soon
ZUT
Total weight of top 10 holdings out of 13 total
79.35%
Characteristics
Compare
CTBD
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 | Fixed Income | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.92% | 2.77% |
| Meets ESG criteria | No | No |
| Inception Date | July 16, 2024 | January 19, 2010 |
Frequently asked questions about CTBD and ZUT
Which ETF has performed better year to date: CTBD or ZUT?
As of July 6, 2026, CTBD has returned 1.39% year to date, while ZUT has returned 20.06%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: CTBD or ZUT?
As of July 6, 2026, CTBD manages $110.86 M in assets, while ZUT manages $837.78 M. ZUT is the larger fund by AUM.
How are CTBD and ZUT managed?
CTBD 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: CTBD or ZUT?
Year to date, CTBD has seen +$47.59 M in net flows, compared with -$127.21 M for ZUT. CTBD has attracted more net investor money so far.
How do the fees of CTBD and ZUT compare?
CTBD has an expense ratio of 0.23%, while ZUT has an expense ratio of 0.61%.
Recent articles about CTBD and ZUT
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