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Global X Korea KOSPI 200 Index ETF (KORX) and BMO Equal Weight Utilities Index ETF (ZUT) offer distinct profiles for Canadian ETF investors. A direct comparison shows that KORX focuses its top 3 sector exposures on Technology, Industrials, and Finance, while ZUT leans towards Utilities, Energy, and Industrials. When evaluating costs, KORX features a management fee (MER) of 0.45%, compared to 0.55% for ZUT. 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
KORX
ZUT
| AuM | $5.76 M | $895.68 M |
| Management Fees | 0.45% | 0.55% |
| Exp. ratio | 0.45% | 0.61% |
| Tracking Difference | - | -0.71% |
Historical performance and flows
As of November 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | KORX | -10.23% | - | - | - | - |
ZUT | +6.90% | +4.07% | +23.02% | +15.79% | +77.42% | |
| Flows | KORX | +$2 M | - | - | - | - |
ZUT | -$19 M | +$15 M | -$85 M | -$31 M | +$227 M |
KORX vs ZUT exposure
Countries
KORX
Republic of Korea
99.99%
ZUT
Canada
83.93%
Bermuda
16.07%
Sectors
KORX
Technology
67.37%
Industrials
10.84%
Finance
10.84%
Other
10.96%
ZUT
Utilities
83.24%
Energy
8.44%
Industrials
8.32%
As of November 11, 2026
Top 10 Holdings
KORX
Samsung Electronics Co., Ltd.
34.24%
SK hynix, Inc.
27.57%
SK Square Co. Ltd.
2.85%
Samsung Electro-Mechanics Co., Ltd.
2.31%
KB Financial Group, Inc.
1.40%
Hyundai Motor Co.
1.28%
Shinhan Financial Group Co., Ltd.
1.18%
Doosan Enerbility Co., Ltd.
0.97%
Samsung C&T Corp.
0.90%
HANWHA AEROSPACE Co., Ltd.
0.90%
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
KORX
Total weight of top 10 holdings out of 200 total
73.60%
ZUT
Total weight of top 10 holdings out of 12 total
84.50%
Characteristics
Compare
KORX
ZUT
| Provider | Global X | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | KOSPI 200 Index - KRW | Solactive Equal Weight Canada Utilities Total Return Index - CAD |
| Replication Method | Other | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | - | 2.71% |
| Meets ESG criteria | No | No |
| Inception Date | September 21, 2026 | January 19, 2010 |
Frequently asked questions about KORX and ZUT
Which ETF is larger by assets under management: KORX or ZUT?
As of November 11, 2026, KORX manages $5.76 M in assets, while ZUT manages $895.68 M. ZUT is the larger fund by AUM.
How are KORX and ZUT managed?
KORX is passively managed by Global X. It tracks the KOSPI 200 Index - KRW benchmark. ZUT is passively managed by BMO. It tracks the Solactive Equal Weight Canada Utilities Total Return Index - CAD benchmark.
What sectors do KORX and ZUT emphasize?
KORX is most exposed to Technology, Industrials, and Finance. ZUT is most exposed to Utilities, Energy, and Industrials.
How do the fees of KORX and ZUT compare?
KORX has an expense ratio of 0.45%, while ZUT has an expense ratio of 0.61%.
What are the top holdings of KORX and ZUT?
KORX's largest holdings include Samsung Electronics Co., Ltd., SK hynix, Inc., and SK Square Co. Ltd.. ZUT's top holdings include Northland Power, Inc., TransAlta Corp., and ATCO Ltd..
Which ETF is more diversified: KORX or ZUT?
KORX holds 200 securities, while ZUT holds 12. On holdings count, KORX is the more diversified portfolio.
Recent articles about KORX and ZUT
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