VS
When evaluating costs, GCFE features a management fee (MER) of 0.5%, compared to 0.55% for ZUT. Performance-wise, GCFE has returned 10.66% year-to-date with +$9 M in net flows, whereas ZUT is at 12.68% with -$96 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
GCFE
ZUT
| AuM | $28.62 M | $811.97 M |
| Management Fees | 0.50% | 0.55% |
| Exp. ratio | 0.77% | 0.61% |
| Tracking Difference | - | -0.80% |
Historical performance and flows
As of September 3, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | GCFE | -3.58% | +2.61% | +10.66% | +12.72% | - |
ZUT | -7.03% | -6.25% | +12.68% | +19.36% | +47.83% | |
| Flows | GCFE | +$0 M | +$2 M | +$9 M | +$10 M | - |
ZUT | +$23 M | -$18 M | -$96 M | -$89 M | +$217 M |
GCFE vs ZUT exposure
Countries
GCFE
Exposure data will be available soon
ZUT
Canada
84.41%
Bermuda
15.59%
Sectors
GCFE
Exposure data will be available soon
ZUT
Utilities
83.73%
Energy
8.32%
Industrials
7.95%
As of September 3, 2026
Top 10 Holdings
GCFE
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
GCFE
Exposure data will be available soon
ZUT
Total weight of top 10 holdings out of 13 total
79.21%
Characteristics
Compare
GCFE
ZUT
| Provider | Guardian Capital | 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 | 0.74% | 2.93% |
| Meets ESG criteria | No | No |
| Inception Date | November 14, 2023 | January 19, 2010 |
Frequently asked questions about GCFE and ZUT
Which ETF has performed better year to date: GCFE or ZUT?
As of September 3, 2026, GCFE has returned 10.66% year to date, while ZUT has returned 12.68%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: GCFE or ZUT?
As of September 3, 2026, GCFE manages $28.62 M in assets, while ZUT manages $811.97 M. ZUT is the larger fund by AUM.
How are GCFE and ZUT managed?
GCFE is actively managed by Guardian Capital. 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: GCFE or ZUT?
Year to date, GCFE has seen +$8.57 M in net flows, compared with -$96.30 M for ZUT. GCFE has attracted more net investor money so far.
How do the fees of GCFE and ZUT compare?
GCFE has an expense ratio of 0.77%, while ZUT has an expense ratio of 0.61%.
Recent articles about GCFE and ZUT
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