VS
Compare Global X S&P/TSX Capped Energy Index Corporate Class ETF (HXE) vs BMO Equal Weight Utilities Index ETF (ZUT) to find the best fit for your portfolio. HXE provides Energy, Finance, and Non-Energy Materials exposures, while ZUT is primarily weighted in Utilities, Energy, and Industrials. When evaluating costs, HXE features a management fee (MER) of 0.28%, compared to 0.55% for ZUT. Performance-wise, HXE has returned 64.6% year-to-date with +$15 M in net flows, whereas ZUT is at 17.87% with -$71 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
HXE
ZUT
| AuM | $163.00 M | $871.28 M |
| Management Fees | 0.28% | 0.55% |
| Exp. ratio | 0.27% | 0.61% |
| Tracking Difference | -0.73% | -0.73% |
Historical performance and flows
As of October 29, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HXE | +11.42% | +14.39% | +64.60% | +74.38% | +103.08% |
ZUT | +4.96% | -2.81% | +17.87% | +11.38% | +78.33% | |
| Flows | HXE | +$0 M | +$0 M | +$15 M | +$15 M | -$10 M |
ZUT | -$16 M | +$51 M | -$71 M | +$5 M | +$259 M |
HXE vs ZUT exposure
Countries
HXE
Exposure data will be available soon
ZUT
Canada
83.93%
Bermuda
16.07%
Sectors
HXE
Exposure data will be available soon
ZUT
Utilities
83.24%
Energy
8.44%
Industrials
8.32%
As of October 29, 2026
Top 10 Holdings
HXE
Exposure data will be available soon
ZUT
Northland Power, Inc.
9.17%
TransAlta Corp.
8.59%
ATCO Ltd.
8.53%
AltaGas Ltd.
8.44%
Canadian Utilities Ltd.
8.43%
Fortis, Inc.
8.34%
Brookfield Infrastructure Partners LP
8.32%
Capital Power Corp.
8.27%
Emera, Inc.
8.26%
Hydro One Ltd.
8.15%
Diversification
HXE
Exposure data will be available soon
ZUT
Total weight of top 10 holdings out of 12 total
84.50%
Characteristics
Compare
HXE
ZUT
| Provider | Global X | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | S&P/TSX Capped Energy Total Return Index - CAD | Solactive Equal Weight Canada Utilities Total Return Index - CAD |
| Replication Method | Indirect | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Capitalization | Distributing |
| Trailing 12m distribution yield | 0.00% | 3.07% |
| Meets ESG criteria | No | No |
| Inception Date | September 16, 2013 | January 19, 2010 |
Frequently asked questions about HXE and ZUT
Which ETF has performed better year to date: HXE or ZUT?
As of October 29, 2026, HXE has returned 64.60% year to date, while ZUT has returned 17.87%. HXE is ahead on YTD performance.
Which ETF is larger by assets under management: HXE or ZUT?
As of October 29, 2026, HXE manages $163.00 M in assets, while ZUT manages $871.28 M. ZUT is the larger fund by AUM.
How are HXE and ZUT managed?
HXE is passively managed by Global X. It tracks the S&P/TSX Capped Energy 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 HXE and ZUT emphasize?
HXE is most exposed to Energy, Finance, and Non-Energy Materials. ZUT is most exposed to Utilities, Energy, and Industrials.
Which ETF is attracting more investor flows: HXE or ZUT?
Year to date, HXE has seen +$15.20 M in net flows, compared with -$71.39 M for ZUT. HXE has attracted more net investor money so far.
How do the fees of HXE and ZUT compare?
HXE has an expense ratio of 0.27%, while ZUT has an expense ratio of 0.61%.
What are the top holdings of HXE and ZUT?
HXE's largest holdings include Suncor Energy, Inc., Canadian Natural Resources Ltd., and Cenovus Energy, Inc.. ZUT's top holdings include Northland Power, Inc., TransAlta Corp., and ATCO Ltd..
Which ETF is more diversified: HXE or ZUT?
HXE holds 26 securities, while ZUT holds 12. On holdings count, HXE is the more diversified portfolio.
Recent articles about HXE and ZUT
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.