VS
When evaluating costs, FGLS features a management fee (MER) of 1.15%, compared to 0.55% for ZUT. Performance-wise, FGLS has returned 19.4% year-to-date with -$11 M in net flows, whereas ZUT is at 15.53% with -$70 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
FGLS
ZUT
| AuM | $48.43 M | $857.49 M |
| Management Fees | 1.15% | 0.55% |
| Exp. ratio | 1.50% | 0.61% |
| Tracking Difference | - | -0.73% |
Historical performance and flows
As of October 15, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FGLS | +7.24% | +16.60% | +19.40% | +37.08% | - |
ZUT | +5.53% | -4.99% | +15.53% | +9.07% | +68.49% | |
| Flows | FGLS | -$10 M | -$10 M | -$11 M | -$5 M | - |
ZUT | +$25 M | +$56 M | -$70 M | -$11 M | +$257 M |
FGLS vs ZUT exposure
Countries
FGLS
Exposure data will be available soon
ZUT
Canada
82.83%
Bermuda
17.17%
Sectors
FGLS
Exposure data will be available soon
ZUT
Utilities
82.26%
Energy
9.30%
Industrials
8.44%
As of October 15, 2026
Top 10 Holdings
FGLS
Exposure data will be available soon
ZUT
AltaGas Ltd.
9.30%
ATCO Ltd.
9.15%
Canadian Utilities Ltd.
8.78%
Brookfield Renewable Partners LP
8.73%
Capital Power Corp.
8.69%
Brookfield Infrastructure Partners LP
8.44%
Northland Power, Inc.
8.00%
TransAlta Corp.
7.98%
Emera, Inc.
7.97%
Fortis, Inc.
7.90%
Diversification
FGLS
Exposure data will be available soon
ZUT
Total weight of top 10 holdings out of 12 total
84.93%
Characteristics
Compare
FGLS
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% | 2.87% |
| Meets ESG criteria | No | No |
| Inception Date | February 1, 2024 | January 19, 2010 |
Frequently asked questions about FGLS and ZUT
Which ETF has performed better year to date: FGLS or ZUT?
As of October 15, 2026, FGLS has returned 19.40% year to date, while ZUT has returned 15.53%. FGLS is ahead on YTD performance.
Which ETF is larger by assets under management: FGLS or ZUT?
As of October 15, 2026, FGLS manages $48.43 M in assets, while ZUT manages $857.49 M. ZUT is the larger fund by AUM.
How are FGLS and ZUT managed?
FGLS 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: FGLS or ZUT?
Year to date, FGLS has seen -$10.76 M in net flows, compared with -$69.96 M for ZUT. FGLS has attracted more net investor money so far.
How do the fees of FGLS and ZUT compare?
FGLS has an expense ratio of 1.50%, while ZUT has an expense ratio of 0.61%.
Recent articles about FGLS and ZUT
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