VS
Harvest Utilities Leaders Income ETF (HUTL) and BMO Equal Weight Banks Index ETF (ZEB) offer distinct profiles for Canadian ETF investors. A direct comparison shows that HUTL focuses its top 3 sector exposures on Utilities, Telecommunications, and Energy, while ZEB leans towards Finance. When evaluating costs, HUTL features a management fee (MER) of 0.5%, compared to 0.25% for ZEB. Performance-wise, HUTL has returned 9.85% year-to-date with +$125 M in net flows, whereas ZEB is at 32.77% with +$48 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
HUTL
ZEB
| AuM | $548.36 M | $7,095.48 M |
| Management Fees | 0.50% | 0.25% |
| Exp. ratio | 0.67% | 0.28% |
| Tracking Difference | - | -0.54% |
Historical performance and flows
As of July 31, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HUTL | +1.37% | -0.72% | +9.85% | +13.25% | +47.20% |
ZEB | +1.95% | +15.98% | +32.77% | +68.32% | +146.77% | |
| Flows | HUTL | +$14 M | +$50 M | +$125 M | +$191 M | +$343 M |
ZEB | +$364 M | +$1,061 M | +$48 M | +$292 M | -$759 M |
HUTL vs ZEB exposure
Countries
HUTL
USA
38.40%
Canada
20.14%
United Kingdom
15.56%
Other
25.90%
ZEB
Canada
100.00%
Sectors
HUTL
Utilities
42.21%
Telecommunications
36.41%
Energy
16.72%
ZEB
Finance
100.00%
As of July 31, 2026
Top 10 Holdings
HUTL
Pinnacle West Capital Corp.
3.76%
Eversource Energy
3.75%
Exelon Corp.
3.71%
Edison International
3.68%
FirstEnergy Corp.
3.67%
Emera, Inc.
3.62%
Dominion Energy, Inc.
3.60%
Comcast Corp.
3.53%
Veolia Environnement SA
3.52%
Enbridge, Inc.
3.41%
ZEB
The Toronto-Dominion Bank
17.42%
Royal Bank of Canada
17.32%
Bank of Montreal
17.15%
The Bank of Nova Scotia
16.61%
Canadian Imperial Bank of Commerce
15.79%
National Bank of Canada
15.70%
Diversification
HUTL
Total weight of top 10 holdings out of 31 total
36.25%
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
HUTL
ZEB
| Provider | Harvest Portfolios Group | BMO |
| Management | Actively managed | Passively managed |
| Benchmark | - | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 7.90% | 2.29% |
| Meets ESG criteria | No | No |
| Inception Date | January 15, 2019 | October 20, 2009 |
Frequently asked questions about HUTL and ZEB
Which ETF has performed better year to date: HUTL or ZEB?
As of July 31, 2026, HUTL has returned 9.85% year to date, while ZEB has returned 32.77%. ZEB is ahead on YTD performance.
Which ETF is larger by assets under management: HUTL or ZEB?
As of July 31, 2026, HUTL manages $548.36 M in assets, while ZEB manages $7.10 B. ZEB is the larger fund by AUM.
How are HUTL and ZEB managed?
HUTL is actively managed by Harvest Portfolios Group. It does not track an index. ZEB is passively managed by BMO. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark.
What sectors do HUTL and ZEB emphasize?
HUTL is most exposed to Utilities, Telecommunications, and Energy. ZEB is most exposed to Finance.
Which ETF is attracting more investor flows: HUTL or ZEB?
Year to date, HUTL has seen +$124.86 M in net flows, compared with +$48.05 M for ZEB. HUTL has attracted more net investor money so far.
How do the fees of HUTL and ZEB compare?
HUTL has an expense ratio of 0.67%, while ZEB has an expense ratio of 0.28%.
What are the top holdings of HUTL and ZEB?
HUTL's largest holdings include Pinnacle West Capital Corp., Eversource Energy, and Exelon Corp.. ZEB's top holdings include The Toronto-Dominion Bank, Royal Bank of Canada, and Bank of Montreal.
Which ETF is more diversified: HUTL or ZEB?
HUTL holds 31 securities, while ZEB holds 6. On holdings count, HUTL is the more diversified portfolio.
Recent articles about HUTL and ZEB
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