VS
Global X Big Data & Hardware Index ETF (HBGD) and BMO Equal Weight Utilities Index ETF (ZUT) offer distinct profiles for Canadian ETF investors. A direct comparison shows that HBGD focuses its top 3 sector exposures on Technology and Finance, while ZUT leans towards Utilities, Energy, and Industrials. When evaluating costs, HBGD features a management fee (MER) of 0.59%, compared to 0.55% for ZUT. Performance-wise, HBGD has returned 48.97% year-to-date with +$5 M in net flows, whereas ZUT is at 12.81% with -$95 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
HBGD
ZUT
| AuM | $57.31 M | $814.36 M |
| Management Fees | 0.59% | 0.55% |
| Exp. ratio | 0.65% | 0.61% |
| Tracking Difference | - | -0.80% |
Historical performance and flows
As of September 2, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HBGD | +1.14% | -19.51% | +48.97% | +92.11% | +254.15% |
ZUT | -6.91% | -5.97% | +12.81% | +18.92% | +48.01% | |
| Flows | HBGD | +$0 M | +$4 M | +$5 M | +$10 M | +$12 M |
ZUT | +$25 M | -$20 M | -$95 M | -$88 M | +$218 M |
HBGD vs ZUT exposure
Countries
HBGD
USA
52.21%
Taiwan
12.97%
Other
9.00%
Other
25.82%
ZUT
Canada
84.41%
Bermuda
15.59%
Sectors
HBGD
Technology
55.50%
Finance
35.50%
Other
9.00%
ZUT
Utilities
83.73%
Energy
8.32%
Industrials
7.95%
As of September 2, 2026
Top 10 Holdings
HBGD
Ambarella, Inc.
2.80%
Digital Realty Trust, Inc.
2.63%
Getac Holdings Corp.
2.55%
Hewlett Packard Enterprise Co.
2.48%
Equinix, Inc.
2.44%
ADATA Technology Co., Ltd.
2.43%
NVIDIA Corp.
2.39%
Seagate Technology Holdings Plc
2.37%
Dell Technologies, Inc.
2.35%
Oracle Corp.
2.32%
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
HBGD
Total weight of top 10 holdings out of 47 total
24.76%
ZUT
Total weight of top 10 holdings out of 13 total
79.21%
Characteristics
Compare
HBGD
ZUT
| Provider | Global X | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive Big Data & Hardware NTR Index - USD | Solactive Equal Weight Canada Utilities Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.26% | 2.93% |
| Meets ESG criteria | No | No |
| Inception Date | June 21, 2018 | January 19, 2010 |
Frequently asked questions about HBGD and ZUT
Which ETF has performed better year to date: HBGD or ZUT?
As of September 2, 2026, HBGD has returned 48.97% year to date, while ZUT has returned 12.81%. HBGD is ahead on YTD performance.
Which ETF is larger by assets under management: HBGD or ZUT?
As of September 2, 2026, HBGD manages $57.31 M in assets, while ZUT manages $814.36 M. ZUT is the larger fund by AUM.
How are HBGD and ZUT managed?
HBGD is passively managed by Global X. It tracks the Solactive Big Data & Hardware NTR Index - USD benchmark. ZUT is passively managed by BMO. It tracks the Solactive Equal Weight Canada Utilities Total Return Index - CAD benchmark.
What sectors do HBGD and ZUT emphasize?
HBGD is most exposed to Technology and Finance. ZUT is most exposed to Utilities, Energy, and Industrials.
Which ETF is attracting more investor flows: HBGD or ZUT?
Year to date, HBGD has seen +$5.06 M in net flows, compared with -$94.91 M for ZUT. HBGD has attracted more net investor money so far.
How do the fees of HBGD and ZUT compare?
HBGD has an expense ratio of 0.65%, while ZUT has an expense ratio of 0.61%.
What are the top holdings of HBGD and ZUT?
HBGD's largest holdings include Ambarella, Inc. and Digital Realty Trust, Inc.. ZUT's top holdings include Boralex, Inc., ATCO Ltd., and AltaGas Ltd..
Which ETF is more diversified: HBGD or ZUT?
HBGD holds 46 securities, while ZUT holds 13. On holdings count, HBGD is the more diversified portfolio.
Recent articles about HBGD 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.





