VS
When evaluating costs, HBB features a management fee (MER) of 0.1%, compared to 0.55% for ZUT. Performance-wise, HBB has returned 0.03% year-to-date with -$405 M in net flows, whereas ZUT is at 18.09% with -$112 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
HBB
ZUT
| AuM | $3,064.62 M | $836.84 M |
| Management Fees | 0.10% | 0.55% |
| Exp. ratio | 0.10% | 0.61% |
| Tracking Difference | -0.44% | -0.82% |
Historical performance and flows
As of August 18, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HBB | -0.74% | +0.59% | +0.03% | +2.21% | +12.68% |
ZUT | -3.41% | +1.59% | +18.09% | +22.35% | +54.28% | |
| Flows | HBB | +$27 M | -$1,214 M | -$405 M | -$119 M | -$858 M |
ZUT | +$14 M | -$48 M | -$112 M | -$59 M | +$197 M |
HBB vs ZUT exposure
Countries
HBB
Exposure data will be available soon
ZUT
Canada
84.68%
Bermuda
15.32%
Sectors
HBB
Exposure data will be available soon
ZUT
Utilities
85.04%
Energy
7.95%
Industrials
7.01%
As of August 18, 2026
Top 10 Holdings
HBB
Exposure data will be available soon
ZUT
Boralex, Inc.
9.46%
Capital Power Corp.
8.42%
Brookfield Renewable Partners LP
8.31%
AltaGas Ltd.
7.95%
ATCO Ltd.
7.77%
TransAlta Corp.
7.74%
Canadian Utilities Ltd.
7.65%
Emera, Inc.
7.38%
Fortis, Inc.
7.23%
Northland Power, Inc.
7.14%
Diversification
HBB
Exposure data will be available soon
ZUT
Total weight of top 10 holdings out of 13 total
79.05%
Characteristics
Compare
HBB
ZUT
| Provider | Global X | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive Canadian Select Universe Bond Total Return Index - CAD | Solactive Equal Weight Canada Utilities Total Return Index - CAD |
| Replication Method | Indirect | Direct (Physical) |
| Asset Class | Fixed Income | Equity |
| Dividend Policy | Capitalization | Distributing |
| Trailing 12m distribution yield | 0.00% | 2.81% |
| Meets ESG criteria | No | No |
| Inception Date | May 8, 2014 | January 19, 2010 |
Frequently asked questions about HBB and ZUT
Which ETF has performed better year to date: HBB or ZUT?
As of August 18, 2026, HBB has returned 0.03% year to date, while ZUT has returned 18.09%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: HBB or ZUT?
As of August 18, 2026, HBB manages $3.06 B in assets, while ZUT manages $836.84 M. HBB is the larger fund by AUM.
How are HBB and ZUT managed?
HBB is passively managed by Global X. It tracks the Solactive Canadian Select Universe Bond Total Return Index - CAD benchmark. 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: HBB or ZUT?
Year to date, HBB has seen -$404.63 M in net flows, compared with -$112.01 M for ZUT. ZUT has attracted more net investor money so far.
How do the fees of HBB and ZUT compare?
HBB has an expense ratio of 0.10%, while ZUT has an expense ratio of 0.61%.
Recent articles about HBB and ZUT
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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.