VS
When evaluating costs, MEDX features a management fee (MER) of 0.4%, compared to 0.55% for ZUT. Performance-wise, MEDX has returned 7.18% year-to-date with -$0 M in net flows, whereas ZUT is at 12.68% with -$96 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
MEDX
ZUT
| AuM | $2.36 M | $811.97 M |
| Management Fees | 0.40% | 0.55% |
| Exp. ratio | 0.40% | 0.61% |
| Tracking Difference | -0.58% | -0.80% |
Historical performance and flows
As of September 3, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | MEDX | +4.60% | +15.33% | +7.18% | +17.55% | - |
ZUT | -7.03% | -6.25% | +12.68% | +19.36% | +47.83% | |
| Flows | MEDX | -$1 M | -$0 M | -$0 M | -$0 M | - |
ZUT | +$23 M | -$18 M | -$96 M | -$89 M | +$217 M |
MEDX vs ZUT exposure
Countries
MEDX
Exposure data will be available soon
ZUT
Canada
84.41%
Bermuda
15.59%
Sectors
MEDX
Exposure data will be available soon
ZUT
Utilities
83.73%
Energy
8.32%
Industrials
7.95%
As of September 3, 2026
Top 10 Holdings
MEDX
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
MEDX
Exposure data will be available soon
ZUT
Total weight of top 10 holdings out of 13 total
79.21%
Characteristics
Compare
MEDX
ZUT
| Provider | Global X | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | VettaFi Equal Weight Global Healthcare NTR Index - CAD | Solactive Equal Weight Canada Utilities Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.41% | 2.93% |
| Meets ESG criteria | No | No |
| Inception Date | April 30, 2025 | January 19, 2010 |
Frequently asked questions about MEDX and ZUT
Which ETF has performed better year to date: MEDX or ZUT?
As of September 3, 2026, MEDX has returned 7.18% year to date, while ZUT has returned 12.68%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: MEDX or ZUT?
As of September 3, 2026, MEDX manages $2.36 M in assets, while ZUT manages $811.97 M. ZUT is the larger fund by AUM.
How are MEDX and ZUT managed?
MEDX is passively managed by Global X. It tracks the VettaFi Equal Weight Global Healthcare NTR Index - CAD 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: MEDX or ZUT?
Year to date, MEDX has seen -$0.08 M in net flows, compared with -$96.30 M for ZUT. MEDX has attracted more net investor money so far.
How do the fees of MEDX and ZUT compare?
MEDX has an expense ratio of 0.40%, while ZUT has an expense ratio of 0.61%.
Recent articles about MEDX 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.




