VS
When evaluating costs, FCSB features a management fee (MER) of 0.4%, compared to 0.55% for ZUT. Performance-wise, FCSB has returned 1.42% year-to-date with +$53 M in net flows, whereas ZUT is at 20.18% with -$66 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
FCSB
ZUT
| AuM | $362.01 M | $901.76 M |
| Management Fees | 0.40% | 0.55% |
| Exp. ratio | 0.44% | 0.61% |
| Tracking Difference | - | -0.90% |
Historical performance and flows
As of June 12, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FCSB | +0.98% | +1.43% | +1.42% | +3.59% | +15.30% |
ZUT | +3.71% | +8.83% | +20.18% | +27.67% | +47.40% | |
| Flows | FCSB | +$6 M | +$16 M | +$53 M | +$118 M | +$225 M |
ZUT | -$4 M | +$15 M | -$66 M | +$132 M | +$243 M |
FCSB vs ZUT exposure
Countries
FCSB
Exposure data will be available soon
ZUT
Canada
85.23%
Bermuda
14.77%
Sectors
FCSB
Exposure data will be available soon
ZUT
Utilities
100.00%
As of June 12, 2026
Top 10 Holdings
FCSB
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
FCSB
Exposure data will be available soon
ZUT
Total weight of top 10 holdings out of 13 total
78.87%
Characteristics
Compare
FCSB
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 | Fixed Income | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.42% | 2.77% |
| Meets ESG criteria | No | No |
| Inception Date | September 25, 2019 | January 19, 2010 |
Frequently asked questions about FCSB and ZUT
Which ETF has performed better year to date: FCSB or ZUT?
As of June 12, 2026, FCSB has returned 1.42% year to date, while ZUT has returned 20.18%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: FCSB or ZUT?
As of June 12, 2026, FCSB manages $362.01 M in assets, while ZUT manages $901.76 M. ZUT is the larger fund by AUM.
How are FCSB and ZUT managed?
FCSB 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: FCSB or ZUT?
Year to date, FCSB has seen +$52.68 M in net flows, compared with -$65.77 M for ZUT. FCSB has attracted more net investor money so far.
How do the fees of FCSB and ZUT compare?
FCSB has an expense ratio of 0.44%, while ZUT has an expense ratio of 0.61%.
Recent articles about FCSB and ZUT

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Posted on 4/12/2024 by Kyle Anthony inETF Ecosystem
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