VS
When evaluating costs, HHL features a management fee (MER) of 0.85%, compared to 0.55% for ZUT. Performance-wise, HHL has returned 3.4% year-to-date with +$346 M in net flows, whereas ZUT is at 22.25% with -$127 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
HHL
ZUT
| AuM | $1,797.24 M | $853.07 M |
| Management Fees | 0.85% | 0.55% |
| Exp. ratio | 0.98% | 0.61% |
| Tracking Difference | - | -0.85% |
Historical performance and flows
As of July 20, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HHL | +4.38% | +2.06% | -3.40% | +12.26% | +14.97% |
ZUT | +1.08% | +6.43% | +22.25% | +25.92% | +52.94% | |
| Flows | HHL | +$13 M | +$159 M | +$346 M | +$422 M | +$696 M |
ZUT | -$5 M | -$67 M | -$127 M | -$50 M | +$186 M |
HHL vs ZUT exposure
Countries
HHL
Exposure data will be available soon
ZUT
Canada
83.77%
Bermuda
16.23%
Sectors
HHL
Exposure data will be available soon
ZUT
Utilities
84.34%
Energy
8.20%
Industrials
7.46%
As of July 20, 2026
Top 10 Holdings
HHL
Exposure data will be available soon
ZUT
Boralex, Inc.
9.57%
Brookfield Renewable Partners LP
8.77%
AltaGas Ltd.
8.20%
Capital Power Corp.
8.05%
TransAlta Corp.
7.83%
Northland Power, Inc.
7.73%
Brookfield Infrastructure Partners LP
7.46%
Canadian Utilities Ltd.
7.33%
ATCO Ltd.
7.25%
Emera, Inc.
7.16%
Diversification
HHL
Exposure data will be available soon
ZUT
Total weight of top 10 holdings out of 13 total
79.35%
Characteristics
Compare
HHL
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 | 10.18% | 2.72% |
| Meets ESG criteria | No | No |
| Inception Date | December 18, 2014 | January 19, 2010 |
Frequently asked questions about HHL and ZUT
Which ETF has performed better year to date: HHL or ZUT?
As of July 20, 2026, HHL has returned -3.40% year to date, while ZUT has returned 22.25%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: HHL or ZUT?
As of July 20, 2026, HHL manages $1.80 B in assets, while ZUT manages $853.07 M. HHL is the larger fund by AUM.
How are HHL and ZUT managed?
HHL 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.
Which ETF is attracting more investor flows: HHL or ZUT?
Year to date, HHL has seen +$346.04 M in net flows, compared with -$127.21 M for ZUT. HHL has attracted more net investor money so far.
How do the fees of HHL and ZUT compare?
HHL has an expense ratio of 0.98%, while ZUT has an expense ratio of 0.61%.
Recent articles about HHL and ZUT
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