VS
Evolve Canadian Utilities Yield Fund ETF (CUTE) and iShares S&P/TSX Capped Energy Index ETF (XEG) 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 XEG leans towards Energy, Finance, and Non-Energy Materials. When evaluating costs, CUTE features a management fee (MER) of 0.6%, compared to 0.55% for XEG. 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
XEG
| AuM | $1.87 M | $2,314.65 M |
| Management Fees | 0.60% | 0.55% |
| Exp. ratio | 0.60% | 0.60% |
| Tracking Difference | - | 4.63% |
Historical performance and flows
As of September 2, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CUTE | -2.01% | - | - | - | - |
XEG | +7.57% | +7.06% | +52.88% | +65.32% | +85.15% | |
| Flows | CUTE | +$0 M | - | - | - | - |
XEG | -$111 M | -$199 M | -$66 M | +$50 M | -$590 M |
CUTE vs XEG exposure
Countries
CUTE
Canada
98.62%
XEG
Canada
99.97%
Sectors
CUTE
Energy
42.34%
Utilities
30.35%
Telecommunications
25.92%
XEG
Energy
95.44%
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%
XEG
Suncor Energy, Inc.
25.76%
Canadian Natural Resources Ltd.
25.07%
Cenovus Energy, Inc.
13.38%
Imperial Oil Ltd.
6.32%
Tourmaline Oil Corp.
5.36%
Whitecap Resources, Inc.
4.66%
ARC Resources Ltd.
4.36%
PrairieSky Royalty Ltd.
1.89%
Tamarack Valley Energy Ltd.
1.49%
Peyto Exploration & Development Corp.
1.22%
Diversification
CUTE
Total weight of top 10 holdings out of 10 total
98.62%
XEG
Total weight of top 10 holdings out of 27 total
89.50%
Characteristics
Compare
CUTE
XEG
| Provider | Evolve ETFs | iShares |
| Management | Actively managed | Passively managed |
| Benchmark | - | S&P/TSX Capped Energy Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | - | 2.41% |
| Meets ESG criteria | No | No |
| Inception Date | July 13, 2026 | March 19, 2001 |
Frequently asked questions about CUTE and XEG
Which ETF is larger by assets under management: CUTE or XEG?
As of September 2, 2026, CUTE manages $1.87 M in assets, while XEG manages $2.31 B. XEG is the larger fund by AUM.
How are CUTE and XEG managed?
CUTE is actively managed by Evolve ETFs. It does not track an index. XEG is passively managed by iShares. It tracks the S&P/TSX Capped Energy Index - CAD benchmark.
What sectors do CUTE and XEG emphasize?
CUTE is most exposed to Energy, Utilities, and Telecommunications. XEG is most exposed to Energy, Finance, and Non-Energy Materials.
How do the fees of CUTE and XEG compare?
CUTE has an expense ratio of 0.60%, while XEG has an expense ratio of 0.60%.
What are the top holdings of CUTE and XEG?
CUTE's largest holdings include Pembina Pipeline Corp., AltaGas Ltd., and TC Energy Corp.. XEG's top holdings include Suncor Energy, Inc., Canadian Natural Resources Ltd., and Cenovus Energy, Inc..
Which ETF is more diversified: CUTE or XEG?
CUTE holds 10 securities, while XEG holds 27. On holdings count, XEG is the more diversified portfolio.
Recent articles about CUTE and XEG
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All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.