VS
Evolve Canadian Utilities Yield Fund ETF (CUTE) and Hamilton Champions Utilities Index ETF (UMVP) offer distinct profiles for Canadian ETF investors. A direct comparison shows that CUTE focuses its top 3 sector exposures on Energy, Utilities, and Telecommunications, while UMVP leans towards Utilities, Energy, and Telecommunications. When evaluating costs, CUTE features a management fee (MER) of 0.6%, compared to 0.19% for UMVP. 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
UMVP
| AuM | $1.86 M | $298.79 M |
| Management Fees | 0.60% | 0.19% |
| Exp. ratio | 0.60% | 0.19% |
| Tracking Difference | - | -0.20% |
Historical performance and flows
As of September 2, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CUTE | -2.60% | - | - | - | - |
UMVP | -3.77% | -5.49% | - | - | - | |
| Flows | CUTE | +$0 M | - | - | - | - |
UMVP | +$5 M | +$23 M | - | - | - |
CUTE vs UMVP exposure
Countries
CUTE
Canada
98.62%
UMVP
Canada
82.93%
Bermuda
16.81%
Sectors
CUTE
Energy
42.34%
Utilities
30.35%
Telecommunications
25.92%
UMVP
Utilities
34.80%
Energy
33.91%
Telecommunications
21.83%
Industrials
9.21%
As of September 2, 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%
UMVP
Canadian Utilities Ltd.
9.34%
Brookfield Infrastructure Partners LP
9.21%
Emera, Inc.
9.02%
Fortis, Inc.
8.84%
AltaGas Ltd.
8.67%
Pembina Pipeline Corp.
8.51%
TC Energy Corp.
8.45%
Enbridge, Inc.
8.27%
Rogers Communications, Inc.
7.63%
Brookfield Renewable Partners LP
7.60%
Diversification
CUTE
Total weight of top 10 holdings out of 10 total
98.62%
UMVP
Total weight of top 10 holdings out of 12 total
85.55%
Characteristics
Compare
CUTE
UMVP
| Provider | Evolve ETFs | Hamilton ETFs |
| Management | Actively managed | Passively managed |
| Benchmark | - | Solactive Canadian Utility Services High Dividend Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | - | - |
| Meets ESG criteria | No | No |
| Inception Date | July 13, 2026 | January 20, 2026 |
Frequently asked questions about CUTE and UMVP
Which ETF is larger by assets under management: CUTE or UMVP?
As of September 2, 2026, CUTE manages $1.86 M in assets, while UMVP manages $298.79 M. UMVP is the larger fund by AUM.
How are CUTE and UMVP managed?
CUTE is actively managed by Evolve ETFs. It does not track an index. UMVP is passively managed by Hamilton ETFs. It tracks the Solactive Canadian Utility Services High Dividend Index - CAD benchmark.
What sectors do CUTE and UMVP emphasize?
CUTE is most exposed to Energy, Utilities, and Telecommunications. UMVP is most exposed to Utilities, Energy, and Telecommunications.
How do the fees of CUTE and UMVP compare?
CUTE has an expense ratio of 0.60%, while UMVP has an expense ratio of 0.19%.
What are the top holdings of CUTE and UMVP?
CUTE's largest holdings include Pembina Pipeline Corp., AltaGas Ltd., and TC Energy Corp.. UMVP's top holdings include Canadian Utilities Ltd., Brookfield Infrastructure Partners LP, and Emera, Inc..
Which ETF is more diversified: CUTE or UMVP?
CUTE holds 10 securities, while UMVP holds 12. On holdings count, UMVP is the more diversified portfolio.
Recent articles about CUTE and UMVP
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