VS
When evaluating costs, GLCC features a management fee (MER) of 0.78%, compared to 0.55% for ZUT. Performance-wise, GLCC has returned 0.68% year-to-date with +$9 M in net flows, whereas ZUT is at 19.33% with -$75 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
GLCC
ZUT
| AuM | $578.22 M | $888.42 M |
| Management Fees | 0.78% | 0.55% |
| Exp. ratio | 0.77% | 0.61% |
| Tracking Difference | - | -0.85% |
Historical performance and flows
As of May 22, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | GLCC | -7.85% | -20.09% | -0.68% | +69.37% | +138.57% |
ZUT | +5.25% | +8.88% | +19.33% | +32.47% | +44.46% | |
| Flows | GLCC | +$17 M | +$7 M | +$9 M | +$23 M | +$56 M |
ZUT | -$15 M | -$13 M | -$75 M | +$118 M | +$234 M |
GLCC vs ZUT exposure
Countries
GLCC
Exposure data will be available soon
ZUT
Canada
85.16%
Bermuda
14.84%
Sectors
GLCC
Exposure data will be available soon
ZUT
Utilities
100.00%
As of May 22, 2026
Top 10 Holdings
GLCC
Exposure data will be available soon
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
GLCC
Exposure data will be available soon
ZUT
Total weight of top 10 holdings out of 13 total
78.61%
Characteristics
Compare
GLCC
ZUT
| Provider | Global X | 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 | 8.13% | 2.81% |
| Meets ESG criteria | No | No |
| Inception Date | April 11, 2011 | January 19, 2010 |
Frequently asked questions about GLCC and ZUT
Which ETF has performed better year to date: GLCC or ZUT?
As of May 22, 2026, GLCC has returned -0.68% year to date, while ZUT has returned 19.33%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: GLCC or ZUT?
As of May 22, 2026, GLCC manages $578.22 M in assets, while ZUT manages $888.42 M. ZUT is the larger fund by AUM.
How are GLCC and ZUT managed?
GLCC is actively managed by Global X. 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: GLCC or ZUT?
Year to date, GLCC has seen +$9.36 M in net flows, compared with -$74.85 M for ZUT. GLCC has attracted more net investor money so far.
How do the fees of GLCC and ZUT compare?
GLCC has an expense ratio of 0.77%, while ZUT has an expense ratio of 0.61%.
Recent articles about GLCC and ZUT
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.




