VS
When evaluating costs, MAGV features a management fee (MER) of 0.8%, 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
MAGV
ZUT
| AuM | $5.54 M | $862.78 M |
| Management Fees | 0.80% | 0.55% |
| Exp. ratio | 0.80% | 0.61% |
| Tracking Difference | - | -0.73% |
Historical performance and flows
As of October 15, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | MAGV | +1.64% | +2.00% | - | - | - |
ZUT | +3.85% | -4.33% | +16.24% | +9.35% | +69.53% | |
| Flows | MAGV | +$0 M | +$0 M | - | - | - |
ZUT | +$25 M | +$56 M | -$70 M | -$4 M | +$257 M |
MAGV vs ZUT exposure
Countries
MAGV
Exposure data will be available soon
ZUT
Canada
82.83%
Bermuda
17.17%
Sectors
MAGV
Exposure data will be available soon
ZUT
Utilities
82.26%
Energy
9.30%
Industrials
8.44%
As of October 15, 2026
Top 10 Holdings
MAGV
Exposure data will be available soon
ZUT
AltaGas Ltd.
9.30%
ATCO Ltd.
9.15%
Canadian Utilities Ltd.
8.78%
Brookfield Renewable Partners LP
8.73%
Capital Power Corp.
8.69%
Brookfield Infrastructure Partners LP
8.44%
Northland Power, Inc.
8.00%
TransAlta Corp.
7.98%
Emera, Inc.
7.97%
Fortis, Inc.
7.90%
Diversification
MAGV
Exposure data will be available soon
ZUT
Total weight of top 10 holdings out of 12 total
84.93%
Characteristics
Compare
MAGV
ZUT
| Provider | Mackenzie Investments | BMO |
| Management | Actively managed | Passively managed |
| Benchmark | - | Solactive Equal Weight Canada Utilities Total Return Index - CAD |
| Replication Method | - | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | - | 2.85% |
| Meets ESG criteria | No | No |
| Inception Date | February 17, 2026 | January 19, 2010 |
Frequently asked questions about MAGV and ZUT
Which ETF is larger by assets under management: MAGV or ZUT?
As of October 15, 2026, MAGV manages $5.54 M in assets, while ZUT manages $862.78 M. ZUT is the larger fund by AUM.
How are MAGV and ZUT managed?
MAGV is actively managed by Mackenzie Investments. It does not track an index. ZUT is passively managed by BMO. It tracks the Solactive Equal Weight Canada Utilities Total Return Index - CAD benchmark.
How do the fees of MAGV and ZUT compare?
MAGV has an expense ratio of 0.80%, while ZUT has an expense ratio of 0.61%.
Recent articles about MAGV and ZUT
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