VS
When evaluating costs, HDGE features a management fee (MER) of 0%, compared to 0.55% for ZUT. Performance-wise, HDGE has returned 4.62% year-to-date with -$3 M in net flows, whereas ZUT is at 13.87% with -$57 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
HDGE
ZUT
| AuM | $38.99 M | $857.75 M |
| Management Fees | 0.00% | 0.55% |
| Exp. ratio | 3.95% | 0.61% |
| Tracking Difference | - | -0.73% |
Historical performance and flows
As of October 5, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HDGE | +5.22% | +4.25% | +4.62% | +7.99% | +25.24% |
ZUT | -1.12% | -5.16% | +13.87% | +11.21% | +64.50% | |
| Flows | HDGE | -$4 M | -$5 M | -$3 M | -$3 M | +$19 M |
ZUT | +$39 M | +$70 M | -$57 M | -$18 M | +$264 M |
HDGE vs ZUT exposure
Countries
HDGE
Exposure data will be available soon
ZUT
Canada
82.83%
Bermuda
17.17%
Sectors
HDGE
Exposure data will be available soon
ZUT
Utilities
82.26%
Energy
9.30%
Industrials
8.44%
As of October 5, 2026
Top 10 Holdings
HDGE
Exposure data will be available soon
ZUT
AltaGas Ltd.
9.30%
ATCO Ltd.
9.15%
Canadian Utilities Ltd.
8.78%
Brookfield Renewable Partners LP
8.73%
Capital Power Corp.
8.69%
Brookfield Infrastructure Partners LP
8.44%
Northland Power, Inc.
8.00%
TransAlta Corp.
7.98%
Emera, Inc.
7.97%
Fortis, Inc.
7.90%
Diversification
HDGE
Exposure data will be available soon
ZUT
Total weight of top 10 holdings out of 12 total
84.93%
Characteristics
Compare
HDGE
ZUT
| Provider | Accelerate Financial Technologies | 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 | 1.41% | 2.91% |
| Meets ESG criteria | No | No |
| Inception Date | May 10, 2019 | January 19, 2010 |
Frequently asked questions about HDGE and ZUT
Which ETF has performed better year to date: HDGE or ZUT?
As of October 5, 2026, HDGE has returned 4.62% year to date, while ZUT has returned 13.87%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: HDGE or ZUT?
As of October 5, 2026, HDGE manages $38.99 M in assets, while ZUT manages $857.75 M. ZUT is the larger fund by AUM.
How are HDGE and ZUT managed?
HDGE is actively managed by Accelerate Financial Technologies. 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: HDGE or ZUT?
Year to date, HDGE has seen -$3.44 M in net flows, compared with -$57.14 M for ZUT. HDGE has attracted more net investor money so far.
How do the fees of HDGE and ZUT compare?
HDGE has an expense ratio of 3.95%, while ZUT has an expense ratio of 0.61%.
Recent articles about HDGE and ZUT
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