VS
Global X S&P 500 Index Corporate Class ETF (HXS) and BMO Equal Weight Utilities Index ETF (ZUT) offer distinct profiles for Canadian ETF investors. A direct comparison shows that HXS focuses its top 3 sector exposures on Information Technology, Financials, and Communication Services, while ZUT leans towards Utilities. When evaluating costs, HXS features a management fee (MER) of 0.11%, compared to 0.55% for ZUT. Performance-wise, HXS has returned 7.94% year-to-date with +$300 M in net flows, whereas ZUT is at 15.78% with -$62 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
HXS
ZUT
| AuM | $6,392.90 M | $875.01 M |
| Management Fees | 0.11% | 0.55% |
| Exp. ratio | 0.11% | 0.61% |
| Tracking Difference | -0.80% | -0.85% |
Historical performance and flows
As of May 8, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HXS | +7.86% | +7.36% | +7.94% | +29.23% | +87.78% |
ZUT | -1.94% | +10.98% | +15.78% | +28.82% | +38.18% | |
| Flows | HXS | +$643 M | +$276 M | +$300 M | +$1,138 M | +$1,660 M |
ZUT | +$25 M | -$33 M | -$62 M | +$134 M | +$311 M |
HXS vs ZUT exposure
Countries
HXS
Exposure data will be available soon
ZUT
Canada
85.16%
Bermuda
14.84%
Sectors
HXS
Exposure data will be available soon
ZUT
Utilities
100.00%
As of May 8, 2026
Top 10 Holdings
HXS
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
HXS
Exposure data will be available soon
ZUT
Total weight of top 10 holdings out of 13 total
78.61%
Characteristics
Compare
HXS
ZUT
| Provider | Global X | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | S&P 500 CAD 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% | 2.90% |
| Meets ESG criteria | No | No |
| Inception Date | November 30, 2010 | January 19, 2010 |
Frequently asked questions about HXS and ZUT
Which ETF has performed better year to date: HXS or ZUT?
As of May 8, 2026, HXS has returned 7.94% year to date, while ZUT has returned 15.78%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: HXS or ZUT?
As of May 8, 2026, HXS manages $6.39 B in assets, while ZUT manages $875.01 M. HXS is the larger fund by AUM.
How are HXS and ZUT managed?
HXS is passively managed by Global X. It tracks the S&P 500 CAD 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 HXS and ZUT emphasize?
HXS is most exposed to Information Technology, Financials, and Communication Services. ZUT is most exposed to Utilities.
Which ETF is attracting more investor flows: HXS or ZUT?
Year to date, HXS has seen +$300.43 M in net flows, compared with -$61.61 M for ZUT. HXS has attracted more net investor money so far.
How do the fees of HXS and ZUT compare?
HXS has an expense ratio of 0.11%, while ZUT has an expense ratio of 0.61%.
What are the top holdings of HXS and ZUT?
HXS'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: HXS or ZUT?
HXS holds 478 securities, while ZUT holds 13. On holdings count, HXS is the more diversified portfolio.
Recent articles about HXS and ZUT
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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.




