EMCL
Global X Enhanced MSCI Emerging Markets Covered Call ETF

Full EMCL fund page
VS
ZUT
BMO Equal Weight Utilities Index ETF

Full ZUT fund page

When evaluating costs, EMCL features a management fee (MER) of 0.85%, compared to 0.55% for ZUT. Performance-wise, EMCL has returned 18.14% year-to-date with +$2 M in net flows, whereas ZUT is at 19.31% with -$78 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.

NAV Performance and Flows

-4.0-2.00.02.04.06.0%May 11May 19May 26Jun 2Jun 9

Key Data

Historical performance and flows

As of June 10, 2026
1M3MYTD1Y3Y
Perf.
EMCL
-1.62%+14.32%+18.14%+40.13%-
ZUT
+2.76%+8.90%+19.31%+27.94%+46.34%
Flows
EMCL
+$0 M+$0 M+$2 M+$4 M-
ZUT
-$16 M+$4 M-$78 M+$121 M+$231 M

EMCL vs ZUT exposure

Countries

EMCL
Exposure data will be available soon
ZUT
Canada
85.23%
Bermuda
14.77%

Sectors

EMCL
Exposure data will be available soon
ZUT
Utilities
100.00%
As of June 10, 2026

Top 10 Holdings

EMCL
Exposure data will be available soon
ZUT
BORALEX
10.04%
NORTHLAND POWER
8.09%
ALTAGAS
8.08%
BROOKFIELD RENEWABLE PARTNERS
7.87%
ATCO
7.62%
CAPITAL POWER
7.57%
EMERA
7.48%
ALGONQUIN POWER
7.47%
CANADIAN UTILITIES
7.43%
FORTIS
7.23%

Diversification

EMCL
Exposure data will be available soon
ZUT
Total weight of top 10 holdings out of 13 total
78.87%

Characteristics

Compare
EMCL
ZUT
ProviderGlobal XBMO
ManagementActively managedPassively managed
Benchmark-Solactive Equal Weight Canada Utilities Total Return Index - CAD
Replication MethodDirect (Physical)
Asset ClassEquityEquity
Dividend PolicyDistributingDistributing
Trailing 12m distribution yield10.96%2.79%
Meets ESG criteriaNoNo
Inception DateMay 28, 2024January 19, 2010

Frequently asked questions about EMCL and ZUT

Which ETF has performed better year to date: EMCL or ZUT?
As of June 10, 2026, EMCL has returned 18.14% year to date, while ZUT has returned 19.31%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: EMCL or ZUT?
As of June 10, 2026, EMCL manages $6.69 M in assets, while ZUT manages $883.35 M. ZUT is the larger fund by AUM.
How are EMCL and ZUT managed?
EMCL is actively managed by Global X. 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: EMCL or ZUT?
Year to date, EMCL has seen +$2.29 M in net flows, compared with -$77.74 M for ZUT. EMCL has attracted more net investor money so far.
How do the fees of EMCL and ZUT compare?
EMCL has an expense ratio of 1.90%, while ZUT has an expense ratio of 0.61%.

Recent articles about EMCL and ZUT

CboeTrackinsight
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.

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.
diamonds