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Compare Evolve Canadian Utilities Yield Fund ETF (CUTE) vs Hamilton Utilities Yield Maximizer ETF (UMAX) to find the best fit for your portfolio. CUTE provides Energy, Utilities, and Telecommunications exposures, while UMAX is primarily weighted in Industrials, Utilities, and Energy. When evaluating costs, CUTE features a management fee (MER) of 0.6%, compared to 0.65% for UMAX. 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
CUTE
UMAX
| AuM | $1.87 M | $1,476.04 M |
| Management Fees | 0.60% | 0.65% |
| Exp. ratio | 0.60% | 0.79% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 3, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CUTE | -2.01% | - | - | - | - |
UMAX | -2.17% | -2.18% | +6.00% | +8.01% | +27.48% | |
| Flows | CUTE | +$0 M | - | - | - | - |
UMAX | +$114 M | +$212 M | +$492 M | +$703 M | +$1,496 M |
CUTE vs UMAX exposure
Countries
CUTE
Canada
98.62%
UMAX
Canada
92.10%
Bermuda
8.31%
Sectors
CUTE
Energy
42.34%
Utilities
30.35%
Telecommunications
25.92%
UMAX
Industrials
23.74%
Utilities
23.18%
Energy
22.94%
Telecommunications
22.82%
Business Services
7.73%
As of September 3, 2026
Top 10 Holdings
CUTE
Pembina Pipeline Corp.
11.06%
AltaGas Ltd.
10.77%
TC Energy Corp.
10.40%
Emera, Inc.
10.33%
Fortis, Inc.
10.22%
Enbridge, Inc.
10.12%
Hydro One Ltd.
9.80%
Rogers Communications, Inc.
9.40%
BCE, Inc.
9.02%
TELUS Corp.
7.50%
UMAX
Brookfield Infrastructure Partners LP
8.31%
Canadian National Railway Co.
7.86%
BCE, Inc.
7.77%
Emera, Inc.
7.76%
Hydro One Ltd.
7.73%
Waste Connections, Inc.
7.73%
TC Energy Corp.
7.70%
Enbridge, Inc.
7.69%
Fortis, Inc.
7.69%
Rogers Communications, Inc.
7.67%
Diversification
CUTE
Total weight of top 10 holdings out of 10 total
98.62%
UMAX
Total weight of top 10 holdings out of 13 total
77.90%
Characteristics
Compare
CUTE
UMAX
| Provider | Evolve ETFs | Hamilton ETFs |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | ||
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | - | 14.51% |
| Meets ESG criteria | No | No |
| Inception Date | July 13, 2026 | June 14, 2023 |
Frequently asked questions about CUTE and UMAX
Which ETF is larger by assets under management: CUTE or UMAX?
As of September 3, 2026, CUTE manages $1.87 M in assets, while UMAX manages $1.48 B. UMAX is the larger fund by AUM.
How are CUTE and UMAX managed?
CUTE is actively managed by Evolve ETFs. It does not track an index. UMAX is actively managed by Hamilton ETFs. It does not track an index.
What sectors do CUTE and UMAX emphasize?
CUTE is most exposed to Energy, Utilities, and Telecommunications. UMAX is most exposed to Industrials, Utilities, and Energy.
How do the fees of CUTE and UMAX compare?
CUTE has an expense ratio of 0.60%, while UMAX has an expense ratio of 0.79%.
What are the top holdings of CUTE and UMAX?
CUTE's largest holdings include Pembina Pipeline Corp., AltaGas Ltd., and TC Energy Corp.. UMAX's top holdings include Brookfield Infrastructure Partners LP, Canadian National Railway Co., and BCE, Inc..
Which ETF is more diversified: CUTE or UMAX?
CUTE holds 10 securities, while UMAX holds 13. On holdings count, UMAX is the more diversified portfolio.
Recent articles about CUTE and UMAX
Yield-focused ETFs and the Benefit They Can Provide Investors
ETFs that employ covered call-writing strategies can be effective ways to generate monthly yield for investors while still providing exposure to a security or asset class on a long-term basis.
Posted on 6/13/2024 by Kyle Anthony inStock Market
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