VS
When evaluating costs, IBIT features a management fee (MER) of 0.32%, compared to 0.55% for ZUT. Performance-wise, IBIT has returned 10.82% year-to-date with +$138 M in net flows, whereas ZUT is at 11.61% with -$95 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
IBIT
ZUT
| AuM | $473.62 M | $805.63 M |
| Management Fees | 0.32% | 0.55% |
| Exp. ratio | 0.33% | 0.61% |
| Tracking Difference | - | -0.80% |
Historical performance and flows
As of September 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | IBIT | +21.29% | +20.13% | -10.82% | -32.57% | - |
ZUT | -5.59% | -7.33% | +11.61% | +17.34% | +47.29% | |
| Flows | IBIT | +$4 M | +$17 M | +$138 M | +$285 M | - |
ZUT | +$5 M | -$17 M | -$95 M | -$106 M | +$217 M |
IBIT vs ZUT exposure
Countries
IBIT
Exposure data will be available soon
ZUT
Canada
84.41%
Bermuda
15.59%
Sectors
IBIT
Exposure data will be available soon
ZUT
Utilities
83.73%
Energy
8.32%
Industrials
7.95%
As of September 11, 2026
Top 10 Holdings
IBIT
Exposure data will be available soon
ZUT
Boralex, Inc.
9.47%
ATCO Ltd.
8.45%
AltaGas Ltd.
8.32%
Canadian Utilities Ltd.
8.09%
Brookfield Infrastructure Partners LP
7.95%
Capital Power Corp.
7.68%
Brookfield Renewable Partners LP
7.64%
Emera, Inc.
7.35%
TransAlta Corp.
7.18%
Northland Power, Inc.
7.08%
Diversification
IBIT
Exposure data will be available soon
ZUT
Total weight of top 10 holdings out of 13 total
79.21%
Characteristics
Compare
IBIT
ZUT
| Provider | iShares | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | CME CF Bitcoin Reference Rate - New York Variant Index - USD | Solactive Equal Weight Canada Utilities Total Return Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Cryptocurrencies | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.00% | 2.96% |
| Meets ESG criteria | No | No |
| Inception Date | January 10, 2025 | January 19, 2010 |
Frequently asked questions about IBIT and ZUT
Which ETF has performed better year to date: IBIT or ZUT?
As of September 11, 2026, IBIT has returned -10.82% year to date, while ZUT has returned 11.61%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: IBIT or ZUT?
As of September 11, 2026, IBIT manages $473.62 M in assets, while ZUT manages $805.63 M. ZUT is the larger fund by AUM.
How are IBIT and ZUT managed?
IBIT is passively managed by iShares. It tracks the CME CF Bitcoin Reference Rate - New York Variant Index - USD benchmark. ZUT is passively managed by BMO. It tracks the Solactive Equal Weight Canada Utilities Total Return Index - CAD benchmark.
Which ETF is attracting more investor flows: IBIT or ZUT?
Year to date, IBIT has seen +$138.23 M in net flows, compared with -$94.91 M for ZUT. IBIT has attracted more net investor money so far.
How do the fees of IBIT and ZUT compare?
IBIT has an expense ratio of 0.33%, while ZUT has an expense ratio of 0.61%.
Recent articles about IBIT 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.





