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Global X Nasdaq-100 Index Corporate Class ETF (HXQ) and BMO Equal Weight Utilities Index ETF (ZUT) offer distinct profiles for Canadian ETF investors. A direct comparison shows that HXQ focuses its top 3 sector exposures on Information Technology, Communication Services, and Consumer Discretionary, while ZUT leans towards Utilities. When evaluating costs, HXQ features a management fee (MER) of 0.28%, compared to 0.55% for ZUT. Performance-wise, HXQ has returned 8.74% year-to-date with +$65 M in net flows, whereas ZUT is at 15.32% with -$60 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
HXQ
ZUT
| AuM | $1,512.61 M | $873.00 M |
| Management Fees | 0.28% | 0.55% |
| Exp. ratio | 0.28% | 0.61% |
| Tracking Difference | - | -0.85% |
Historical performance and flows
As of May 1, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HXQ | +12.90% | +7.09% | +8.74% | +37.88% | +112.37% |
ZUT | -0.63% | +12.47% | +15.32% | +28.73% | +38.60% | |
| Flows | HXQ | +$16 M | +$35 M | +$65 M | +$171 M | +$137 M |
ZUT | +$25 M | -$37 M | -$60 M | +$129 M | +$254 M |
HXQ vs ZUT exposure
Countries
HXQ
Exposure data will be available soon
ZUT
Canada
85.16%
Bermuda
14.84%
Sectors
HXQ
Exposure data will be available soon
ZUT
Utilities
100.00%
As of May 1, 2026
Top 10 Holdings
HXQ
Exposure data will be available soon
ZUT
BORALEX
9.91%
NORTHLAND POWER
7.97%
BROOKFIELD RENEWABLE PARTNERS
7.84%
CAPITAL POWER
7.84%
ALTAGAS
7.70%
ATCO
7.53%
ALGONQUIN POWER
7.52%
TRANSALTA
7.49%
EMERA
7.42%
CANADIAN UTILITIES
7.38%
Diversification
HXQ
Exposure data will be available soon
ZUT
Total weight of top 10 holdings out of 13 total
78.61%
Characteristics
Compare
HXQ
ZUT
| Provider | Global X | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | NASDAQ-100 Total Return Index - USD | 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% | 2.91% |
| Meets ESG criteria | No | No |
| Inception Date | April 19, 2016 | January 19, 2010 |
Frequently asked questions about HXQ and ZUT
Which ETF has performed better year to date: HXQ or ZUT?
As of May 1, 2026, HXQ has returned 8.74% year to date, while ZUT has returned 15.32%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: HXQ or ZUT?
As of May 1, 2026, HXQ manages $1.51 B in assets, while ZUT manages $873.00 M. HXQ is the larger fund by AUM.
How are HXQ and ZUT managed?
HXQ is passively managed by Global X. It tracks the NASDAQ-100 Total Return Index - USD benchmark. ZUT is passively managed by BMO. It tracks the Solactive Equal Weight Canada Utilities Total Return Index - CAD benchmark.
What sectors do HXQ and ZUT emphasize?
HXQ is most exposed to Information Technology, Communication Services, and Consumer Discretionary. ZUT is most exposed to Utilities.
Which ETF is attracting more investor flows: HXQ or ZUT?
Year to date, HXQ has seen +$65.41 M in net flows, compared with -$60.16 M for ZUT. HXQ has attracted more net investor money so far.
How do the fees of HXQ and ZUT compare?
HXQ has an expense ratio of 0.28%, while ZUT has an expense ratio of 0.61%.
What are the top holdings of HXQ and ZUT?
HXQ's largest holdings include NVIDIA, APPLE, and ALPHABET INC-CL. ZUT's top holdings include BORALEX, NORTHLAND POWER, and BROOKFIELD RENEWABLE PARTNERS.
Which ETF is more diversified: HXQ or ZUT?
HXQ holds 93 securities, while ZUT holds 13. On holdings count, HXQ is the more diversified portfolio.
Recent articles about HXQ and ZUT
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