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Compare Harvest Clean Energy ETF (HCLN) vs BMO Equal Weight Utilities Index ETF (ZUT) to find the best fit for your portfolio. HCLN provides Utilities, Industrials, and Information Technology exposures, while ZUT is primarily weighted in Utilities. When evaluating costs, HCLN features a management fee (MER) of 0.4%, compared to 0.55% for ZUT. Performance-wise, HCLN has returned 13.62% year-to-date with +$0 M in net flows, whereas ZUT is at 15.78% with -$62 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
HCLN
ZUT
| AuM | $21.94 M | $875.01 M |
| Management Fees | 0.40% | 0.55% |
| Exp. ratio | 0.69% | 0.61% |
| Tracking Difference | - | -0.85% |
Historical performance and flows
As of May 8, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HCLN | +5.32% | +3.46% | +13.62% | +56.63% | -1.13% |
ZUT | -1.94% | +10.98% | +15.78% | +28.82% | +38.18% | |
| Flows | HCLN | -$0 M | -$2 M | +$0 M | -$2 M | -$14 M |
ZUT | +$25 M | -$33 M | -$62 M | +$134 M | +$311 M |
HCLN vs ZUT exposure
Countries
HCLN
USA
25.20%
Other
12.10%
Spain
10.60%
Canada
8.40%
Denmark
7.50%
Germany
7.30%
Other
28.90%
ZUT
Canada
85.16%
Bermuda
14.84%
Sectors
HCLN
Utilities
43.10%
Industrials
22.30%
Information Technology
16.20%
Other
14.20%
ZUT
Utilities
100.00%
As of May 8, 2026
Top 10 Holdings
HCLN
VERBIO VEREINIGTE BIOENERGIE
4.20%
SOLAREDGE TECH/D
3.70%
BORALEX
3.60%
NORTHLAND POWER
3.10%
SOLARIA ENERGIA Y MEDIO AMBIENTE
3.10%
NORDEX
3.10%
VERBUND
2.80%
GRENERGY RENOVABLES
2.80%
ORSTED
2.60%
SCATEC ASA
2.60%
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
HCLN
Total weight of top 10 holdings out of 37 total
31.60%
ZUT
Total weight of top 10 holdings out of 13 total
78.61%
Characteristics
Compare
HCLN
ZUT
| Provider | Harvest Portfolios Group | 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 | 0.00% | 2.90% |
| Meets ESG criteria | Yes | No |
| Inception Date | January 14, 2021 | January 19, 2010 |
Frequently asked questions about HCLN and ZUT
Which ETF has performed better year to date: HCLN or ZUT?
As of May 8, 2026, HCLN has returned 13.62% year to date, while ZUT has returned 15.78%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: HCLN or ZUT?
As of May 8, 2026, HCLN manages $21.94 M in assets, while ZUT manages $875.01 M. ZUT is the larger fund by AUM.
How are HCLN and ZUT managed?
HCLN is actively managed by Harvest Portfolios Group. 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.
What sectors do HCLN and ZUT emphasize?
HCLN is most exposed to Utilities, Industrials, and Information Technology. ZUT is most exposed to Utilities.
Which ETF is attracting more investor flows: HCLN or ZUT?
Year to date, HCLN has seen +$0.10 M in net flows, compared with -$61.61 M for ZUT. HCLN has attracted more net investor money so far.
How do the fees of HCLN and ZUT compare?
HCLN has an expense ratio of 0.69%, while ZUT has an expense ratio of 0.61%.
What are the top holdings of HCLN and ZUT?
HCLN's largest holdings include VERBIO VEREINIGTE BIOENERGIE, SOLAREDGE TECH/D, and BORALEX. ZUT's top holdings include BORALEX, NORTHLAND POWER, and BROOKFIELD RENEWABLE PARTNERS.
Which ETF is more diversified: HCLN or ZUT?
HCLN holds 37 securities, while ZUT holds 13. On holdings count, HCLN is the more diversified portfolio.
Recent articles about HCLN and ZUT
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