VS
Harvest Utilities Leaders Income ETF (HUTL) and BMO Equal Weight Utilities Index ETF (ZUT) 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 ZUT leans towards Utilities, Energy, and Industrials. When evaluating costs, HUTL features a management fee (MER) of 0.5%, compared to 0.55% for ZUT. Performance-wise, HUTL has returned 9.85% year-to-date with +$125 M in net flows, whereas ZUT is at 21.42% with -$120 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
ZUT
| AuM | $548.36 M | $852.96 M |
| Management Fees | 0.50% | 0.55% |
| Exp. ratio | 0.67% | 0.61% |
| Tracking Difference | - | -1.96% |
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% |
ZUT | +0.97% | +5.29% | +21.42% | +25.86% | +53.82% | |
| Flows | HUTL | +$14 M | +$50 M | +$125 M | +$191 M | +$343 M |
ZUT | +$17 M | -$61 M | -$120 M | -$40 M | +$193 M |
HUTL vs ZUT exposure
Countries
HUTL
USA
38.40%
Canada
20.14%
United Kingdom
15.56%
Other
25.90%
ZUT
Canada
84.68%
Bermuda
15.32%
Sectors
HUTL
Utilities
42.21%
Telecommunications
36.41%
Energy
16.72%
ZUT
Utilities
85.04%
Energy
7.95%
Industrials
7.01%
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%
ZUT
Boralex, Inc.
9.46%
Capital Power Corp.
8.42%
Brookfield Renewable Partners LP
8.31%
AltaGas Ltd.
7.95%
ATCO Ltd.
7.77%
TransAlta Corp.
7.74%
Canadian Utilities Ltd.
7.65%
Emera, Inc.
7.38%
Fortis, Inc.
7.23%
Northland Power, Inc.
7.14%
Diversification
HUTL
Total weight of top 10 holdings out of 31 total
36.25%
ZUT
Total weight of top 10 holdings out of 13 total
79.05%
Characteristics
Compare
HUTL
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 | 7.90% | 2.73% |
| Meets ESG criteria | No | No |
| Inception Date | January 15, 2019 | January 19, 2010 |
Frequently asked questions about HUTL and ZUT
Which ETF has performed better year to date: HUTL or ZUT?
As of July 31, 2026, HUTL has returned 9.85% year to date, while ZUT has returned 21.42%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: HUTL or ZUT?
As of July 31, 2026, HUTL manages $548.36 M in assets, while ZUT manages $852.96 M. ZUT is the larger fund by AUM.
How are HUTL and ZUT managed?
HUTL 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.
What sectors do HUTL and ZUT emphasize?
HUTL is most exposed to Utilities, Telecommunications, and Energy. ZUT is most exposed to Utilities, Energy, and Industrials.
Which ETF is attracting more investor flows: HUTL or ZUT?
Year to date, HUTL has seen +$124.86 M in net flows, compared with -$119.61 M for ZUT. HUTL has attracted more net investor money so far.
How do the fees of HUTL and ZUT compare?
HUTL has an expense ratio of 0.67%, while ZUT has an expense ratio of 0.61%.
What are the top holdings of HUTL and ZUT?
HUTL's largest holdings include Pinnacle West Capital Corp., Eversource Energy, and Exelon Corp.. ZUT's top holdings include Boralex, Inc., Capital Power Corp., and Brookfield Renewable Partners LP.
Which ETF is more diversified: HUTL or ZUT?
HUTL holds 31 securities, while ZUT holds 13. On holdings count, HUTL is the more diversified portfolio.
Recent articles about HUTL and ZUT
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