VS
When evaluating costs, GLDE features a management fee (MER) of 1.5%, compared to 0.55% for ZUT. Performance-wise, GLDE has returned 7.07% year-to-date with +$3 M in net flows, whereas ZUT is at 16.08% with -$63 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
GLDE
ZUT
| AuM | $18.19 M | $875.85 M |
| Management Fees | 1.50% | 0.55% |
| Exp. ratio | 1.50% | 0.61% |
| Tracking Difference | - | -0.85% |
Historical performance and flows
As of May 7, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | GLDE | +4.80% | -2.94% | +7.07% | - | - |
ZUT | -1.06% | +11.27% | +16.08% | +29.45% | +38.54% | |
| Flows | GLDE | +$0 M | +$4 M | +$3 M | - | - |
ZUT | +$24 M | -$35 M | -$63 M | +$131 M | +$310 M |
GLDE vs ZUT exposure
Countries
GLDE
Exposure data will be available soon
ZUT
Canada
85.16%
Bermuda
14.84%
Sectors
GLDE
Exposure data will be available soon
ZUT
Utilities
100.00%
As of May 7, 2026
Top 10 Holdings
GLDE
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
GLDE
Exposure data will be available soon
ZUT
Total weight of top 10 holdings out of 13 total
78.61%
Characteristics
Compare
GLDE
ZUT
| Provider | Ninepoint Partners | BMO |
| Management | Actively managed | Passively managed |
| Benchmark | - | Solactive Equal Weight Canada Utilities Total Return Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Commodity, Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | - | 2.89% |
| Meets ESG criteria | No | No |
| Inception Date | July 16, 2025 | January 19, 2010 |
Frequently asked questions about GLDE and ZUT
Which ETF has performed better year to date: GLDE or ZUT?
As of May 7, 2026, GLDE has returned 7.07% year to date, while ZUT has returned 16.08%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: GLDE or ZUT?
As of May 7, 2026, GLDE manages $18.19 M in assets, while ZUT manages $875.85 M. ZUT is the larger fund by AUM.
How are GLDE and ZUT managed?
GLDE is actively managed by Ninepoint Partners. 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: GLDE or ZUT?
Year to date, GLDE has seen +$3.24 M in net flows, compared with -$63.05 M for ZUT. GLDE has attracted more net investor money so far.
How do the fees of GLDE and ZUT compare?
GLDE has an expense ratio of 1.50%, while ZUT has an expense ratio of 0.61%.
Recent articles about GLDE and ZUT
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