VS
When evaluating costs, DPAY features a management fee (MER) of 0.85%, compared to 0.55% for ZUT. 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
DPAY
ZUT
| AuM | $0.98 M | $883.26 M |
| Management Fees | 0.85% | 0.55% |
| Exp. ratio | 0.85% | 0.61% |
| Tracking Difference | - | -0.71% |
Historical performance and flows
As of November 3, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | DPAY | - | - | - | - | - |
ZUT | +5.12% | -1.24% | +19.69% | +12.51% | +68.71% | |
| Flows | DPAY | - | - | - | - | - |
ZUT | -$16 M | +$47 M | -$73 M | -$14 M | +$248 M |
DPAY vs ZUT exposure
Countries
DPAY
Exposure data will be available soon
ZUT
Canada
83.93%
Bermuda
16.07%
Sectors
DPAY
Exposure data will be available soon
ZUT
Utilities
83.24%
Energy
8.44%
Industrials
8.32%
As of November 3, 2026
Top 10 Holdings
DPAY
Exposure data will be available soon
ZUT
Northland Power, Inc.
9.17%
TransAlta Corp.
8.59%
ATCO Ltd.
8.53%
AltaGas Ltd.
8.44%
Canadian Utilities Ltd.
8.43%
Fortis, Inc.
8.34%
Brookfield Infrastructure Partners LP
8.32%
Capital Power Corp.
8.27%
Emera, Inc.
8.26%
Hydro One Ltd.
8.15%
Diversification
DPAY
Exposure data will be available soon
ZUT
Total weight of top 10 holdings out of 12 total
84.50%
Characteristics
Compare
DPAY
ZUT
| Provider | Dynamic Funds | 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 | - | 2.78% |
| Meets ESG criteria | No | No |
| Inception Date | October 28, 2026 | January 19, 2010 |
Frequently asked questions about DPAY and ZUT
Which ETF is larger by assets under management: DPAY or ZUT?
As of November 3, 2026, DPAY manages $0.98 M in assets, while ZUT manages $883.26 M. ZUT is the larger fund by AUM.
How are DPAY and ZUT managed?
DPAY is actively managed by Dynamic Funds. 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.
How do the fees of DPAY and ZUT compare?
DPAY has an expense ratio of 0.85%, while ZUT has an expense ratio of 0.61%.
Recent articles about DPAY and ZUT
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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.