VS
When evaluating costs, FCLC features a management fee (MER) of 0.85%, compared to 0.55% for ZUT. Performance-wise, FCLC has returned 6.37% year-to-date with +$2 M in net flows, whereas ZUT is at 12.81% with -$95 M. 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
FCLC
ZUT
| AuM | $204.14 M | $814.36 M |
| Management Fees | 0.85% | 0.55% |
| Exp. ratio | 1.07% | 0.61% |
| Tracking Difference | - | -0.80% |
Historical performance and flows
As of September 2, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FCLC | -0.95% | +4.96% | +6.37% | +5.35% | +46.08% |
ZUT | -6.91% | -5.97% | +12.81% | +18.92% | +48.01% | |
| Flows | FCLC | +$7 M | -$2 M | +$2 M | +$50 M | +$151 M |
ZUT | +$25 M | -$20 M | -$95 M | -$88 M | +$218 M |
FCLC vs ZUT exposure
Countries
FCLC
Exposure data will be available soon
ZUT
Canada
84.41%
Bermuda
15.59%
Sectors
FCLC
Exposure data will be available soon
ZUT
Utilities
83.73%
Energy
8.32%
Industrials
7.95%
As of September 2, 2026
Top 10 Holdings
FCLC
Exposure data will be available soon
ZUT
Boralex, Inc.
9.47%
ATCO Ltd.
8.45%
AltaGas Ltd.
8.32%
Canadian Utilities Ltd.
8.09%
Brookfield Infrastructure Partners LP
7.95%
Capital Power Corp.
7.68%
Brookfield Renewable Partners LP
7.64%
Emera, Inc.
7.35%
TransAlta Corp.
7.18%
Northland Power, Inc.
7.08%
Diversification
FCLC
Exposure data will be available soon
ZUT
Total weight of top 10 holdings out of 13 total
79.21%
Characteristics
Compare
FCLC
ZUT
| Provider | Fidelity | BMO |
| Management | Actively managed | Passively managed |
| Benchmark | - | Solactive Equal Weight Canada Utilities Total Return Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.00% | 2.93% |
| Meets ESG criteria | No | No |
| Inception Date | May 25, 2023 | January 19, 2010 |
Frequently asked questions about FCLC and ZUT
Which ETF has performed better year to date: FCLC or ZUT?
As of September 2, 2026, FCLC has returned 6.37% year to date, while ZUT has returned 12.81%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: FCLC or ZUT?
As of September 2, 2026, FCLC manages $204.14 M in assets, while ZUT manages $814.36 M. ZUT is the larger fund by AUM.
How are FCLC and ZUT managed?
FCLC is actively managed by Fidelity. 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: FCLC or ZUT?
Year to date, FCLC has seen +$2.40 M in net flows, compared with -$94.91 M for ZUT. FCLC has attracted more net investor money so far.
How do the fees of FCLC and ZUT compare?
FCLC has an expense ratio of 1.07%, while ZUT has an expense ratio of 0.61%.
Recent articles about FCLC and ZUT
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