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Compare Global X Marijuana Life Sciences Index ETF (HMMJ) vs BMO Equal Weight Utilities Index ETF (ZUT) to find the best fit for your portfolio. HMMJ provides Consumer Non-Cyclicals, Finance, and Healthcare exposures, while ZUT is primarily weighted in Utilities, Energy, and Industrials. When evaluating costs, HMMJ features a management fee (MER) of 0.95%, compared to 0.55% for ZUT. Performance-wise, HMMJ has returned 4.58% year-to-date with -$2 M in net flows, whereas ZUT is at 11.61% 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
HMMJ
ZUT
| AuM | $42.13 M | $805.63 M |
| Management Fees | 0.95% | 0.55% |
| Exp. ratio | 1.00% | 0.61% |
| Tracking Difference | 6.91% | -0.80% |
Historical performance and flows
As of September 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HMMJ | -1.90% | -0.70% | -4.58% | -16.05% | -32.74% |
ZUT | -5.59% | -7.33% | +11.61% | +17.34% | +47.29% | |
| Flows | HMMJ | -$1 M | -$1 M | -$2 M | -$4 M | -$32 M |
ZUT | +$5 M | -$17 M | -$95 M | -$106 M | +$217 M |
HMMJ vs ZUT exposure
Countries
HMMJ
Canada
43.77%
USA
28.25%
Other
16.66%
Ireland
11.32%
ZUT
Canada
84.41%
Bermuda
15.59%
Sectors
HMMJ
Consumer Non-Cyclicals
38.36%
Other
16.66%
Finance
15.92%
Healthcare
15.69%
Consumer Cyclicals
8.07%
ZUT
Utilities
83.73%
Energy
8.32%
Industrials
7.95%
As of September 11, 2026
Top 10 Holdings
HMMJ
Jazz Pharmaceuticals Plc
11.32%
Cronos Group, Inc.
10.76%
Innovative Industrial Properties, Inc.
10.03%
Canopy Growth Corp.
9.48%
SNDL, Inc.
8.89%
Chicago Atlantic BDC, Inc.
5.89%
High Tide, Inc.
5.41%
Scotts Miracle-Gro Co.
5.30%
Aurora Cannabis, Inc.
5.21%
Corbus Pharmaceuticals Holdings, Inc.
4.37%
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
HMMJ
Total weight of top 10 holdings out of 13 total
76.66%
ZUT
Total weight of top 10 holdings out of 13 total
79.21%
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 | 1.39% | 2.96% |
| 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 September 11, 2026, HMMJ has returned -4.58% year to date, while ZUT has returned 11.61%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: HMMJ or ZUT?
As of September 11, 2026, HMMJ manages $42.13 M in assets, while ZUT manages $805.63 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.
What sectors do HMMJ and ZUT emphasize?
HMMJ is most exposed to Consumer Non-Cyclicals, Finance, and Healthcare. ZUT is most exposed to Utilities, Energy, and Industrials.
Which ETF is attracting more investor flows: HMMJ or ZUT?
Year to date, HMMJ has seen -$2.36 M in net flows, compared with -$94.91 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%.
What are the top holdings of HMMJ and ZUT?
HMMJ's largest holdings include Jazz Pharmaceuticals Plc, Cronos Group, Inc., and Innovative Industrial Properties, Inc.. ZUT's top holdings include Boralex, Inc., ATCO Ltd., and AltaGas Ltd..
Which ETF is more diversified: HMMJ or ZUT?
HMMJ holds 13 securities, while ZUT holds 13. On holdings count, HMMJ is the more diversified portfolio.
Recent articles about HMMJ and ZUT
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