VS
Fidelity Global Equity+ Fund (FGEP) and BMO Equal Weight Utilities Index ETF (ZUT) offer distinct profiles for Canadian ETF investors. A direct comparison shows that FGEP focuses its top 3 sector exposures on Information Technology, Consumer Discretionary, and Consumer Staples, while ZUT leans towards Utilities. When evaluating costs, FGEP features a management fee (MER) of 0.9%, compared to 0.55% for ZUT. Performance-wise, FGEP has returned 13.22% year-to-date with +$62 M in net flows, whereas ZUT is at 16.3% with -$62 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
FGEP
ZUT
| AuM | $310.59 M | $878.95 M |
| Management Fees | 0.90% | 0.55% |
| Exp. ratio | 1.16% | 0.61% |
| Tracking Difference | - | -0.85% |
Historical performance and flows
As of May 13, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FGEP | +4.97% | +7.26% | +13.22% | +30.59% | - |
ZUT | -0.99% | +7.23% | +16.30% | +29.51% | +38.43% | |
| Flows | FGEP | +$28 M | +$48 M | +$62 M | +$118 M | - |
ZUT | +$0 M | -$29 M | -$62 M | +$135 M | +$248 M |
FGEP vs ZUT exposure
Countries
FGEP
USA
43.43%
Canada
27.31%
Other
18.62%
Other
10.64%
ZUT
Canada
85.16%
Bermuda
14.84%
Sectors
FGEP
Other
21.98%
Information Technology
21.54%
Consumer Discretionary
10.34%
Consumer Staples
10.14%
Industrials
9.11%
Other
26.90%
ZUT
Utilities
100.00%
As of May 13, 2026
Top 10 Holdings
FGEP
NVIDIA
3.76%
APPLE
3.43%
AMAZON.COM INC
2.90%
METRO
2.25%
MICROSOFT-T
2.03%
META PLATFORMS
1.94%
BROADCOM LIMITED
1.71%
CA01626P1484
1.61%
IMPERIAL BRANDS PLC
1.57%
BCE
1.41%
ZUT
BORALEX
9.91%
NORTHLAND POWER
7.97%
BROOKFIELD RENEWABLE PARTNERS
7.84%
CAPITAL POWER
7.84%
ALTAGAS
7.70%
ATCO
7.53%
ALGONQUIN POWER
7.52%
TRANSALTA
7.49%
EMERA
7.42%
CANADIAN UTILITIES
7.38%
Diversification
FGEP
Total weight of top 10 holdings out of 206 total
22.61%
ZUT
Total weight of top 10 holdings out of 13 total
78.61%
Characteristics
Compare
FGEP
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% | 2.89% |
| Meets ESG criteria | No | No |
| Inception Date | May 16, 2024 | January 19, 2010 |
Frequently asked questions about FGEP and ZUT
Which ETF has performed better year to date: FGEP or ZUT?
As of May 13, 2026, FGEP has returned 13.22% year to date, while ZUT has returned 16.30%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: FGEP or ZUT?
As of May 13, 2026, FGEP manages $310.59 M in assets, while ZUT manages $878.95 M. ZUT is the larger fund by AUM.
How are FGEP and ZUT managed?
FGEP 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.
What sectors do FGEP and ZUT emphasize?
FGEP is most exposed to Information Technology, Consumer Discretionary, and Consumer Staples. ZUT is most exposed to Utilities.
Which ETF is attracting more investor flows: FGEP or ZUT?
Year to date, FGEP has seen +$61.92 M in net flows, compared with -$61.61 M for ZUT. FGEP has attracted more net investor money so far.
How do the fees of FGEP and ZUT compare?
FGEP has an expense ratio of 1.16%, while ZUT has an expense ratio of 0.61%.
What are the top holdings of FGEP and ZUT?
FGEP's largest holdings include NVIDIA and APPLE. ZUT's top holdings include BORALEX, NORTHLAND POWER, and BROOKFIELD RENEWABLE PARTNERS.
Which ETF is more diversified: FGEP or ZUT?
FGEP holds 197 securities, while ZUT holds 13. On holdings count, FGEP is the more diversified portfolio.
Recent articles about FGEP and ZUT
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