VS
When evaluating costs, HMMJ features a management fee (MER) of 0.95%, compared to 0.55% for ZUT. Performance-wise, HMMJ has returned 5.07% year-to-date with -$1 M in net flows, whereas ZUT is at 20.18% with -$66 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
HMMJ
ZUT
| AuM | $43.31 M | $901.76 M |
| Management Fees | 0.95% | 0.55% |
| Exp. ratio | 1.00% | 0.61% |
| Tracking Difference | -22.15% | -0.90% |
Historical performance and flows
As of June 12, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HMMJ | -0.58% | +0.91% | -5.07% | +5.97% | -12.19% |
ZUT | +3.71% | +8.83% | +20.18% | +27.67% | +47.40% | |
| Flows | HMMJ | -$1 M | -$1 M | -$1 M | -$6 M | -$32 M |
ZUT | -$4 M | +$15 M | -$66 M | +$132 M | +$243 M |
HMMJ vs ZUT exposure
Countries
HMMJ
Exposure data will be available soon
ZUT
Canada
85.23%
Bermuda
14.77%
Sectors
HMMJ
Exposure data will be available soon
ZUT
Utilities
100.00%
As of June 12, 2026
Top 10 Holdings
HMMJ
Exposure data will be available soon
ZUT
BORALEX
10.04%
NORTHLAND POWER
8.09%
ALTAGAS
8.08%
BROOKFIELD RENEWABLE PARTNERS
7.87%
ATCO
7.62%
CAPITAL POWER
7.57%
EMERA
7.48%
ALGONQUIN POWER
7.47%
CANADIAN UTILITIES
7.43%
FORTIS
7.23%
Diversification
HMMJ
Exposure data will be available soon
ZUT
Total weight of top 10 holdings out of 13 total
78.87%
Characteristics
Compare
HMMJ
ZUT
| Provider | Global X | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | North American Marijuana Total Return Index - CAD | 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 | 1.37% | 2.77% |
| Meets ESG criteria | No | No |
| Inception Date | June 16, 2017 | January 19, 2010 |
Frequently asked questions about HMMJ and ZUT
Which ETF has performed better year to date: HMMJ or ZUT?
As of June 12, 2026, HMMJ has returned -5.07% year to date, while ZUT has returned 20.18%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: HMMJ or ZUT?
As of June 12, 2026, HMMJ manages $43.31 M in assets, while ZUT manages $901.76 M. ZUT is the larger fund by AUM.
How are HMMJ and ZUT managed?
HMMJ is passively managed by Global X. It tracks the North American Marijuana 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: HMMJ or ZUT?
Year to date, HMMJ has seen -$1.06 M in net flows, compared with -$65.77 M for ZUT. HMMJ has attracted more net investor money so far.
How do the fees of HMMJ and ZUT compare?
HMMJ has an expense ratio of 1.00%, while ZUT has an expense ratio of 0.61%.
Recent articles about HMMJ and ZUT
Cannabis Funds Plunge Amid Declining US Sales
Cannabis funds face persistent volatility, marking a -2.33% drop, contributing to a year-to-date loss of -20.70%.
Posted on 12/19/2023 by ETF Market Canada inCannabis
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