MINN
Middlefield Innovation Dividend ETF

Full MINN fund page
VS
ZUT
BMO Equal Weight Utilities Index ETF

Full ZUT fund page

When evaluating costs, MINN features a management fee (MER) of 0.9%, compared to 0.55% for ZUT. Performance-wise, MINN has returned 36.78% year-to-date with -$5 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

-6.0-4.0-2.00.02.04.0%Aug 11Aug 18Aug 25Sep 1Sep 9

Key Data

Historical performance and flows

As of September 11, 2026
1M3MYTD1Y3Y
Perf.
MINN
-2.00%+1.36%+36.78%+29.53%+131.81%
ZUT
-5.59%-7.33%+11.61%+17.34%+47.29%
Flows
MINN
-$2 M-$1 M-$5 M-$10 M-$57 M
ZUT
+$5 M-$17 M-$95 M-$106 M+$217 M

MINN vs ZUT exposure

Countries

MINN
Exposure data will be available soon
ZUT
Canada
84.41%
Bermuda
15.59%

Sectors

MINN
Exposure data will be available soon
ZUT
Utilities
83.73%
Energy
8.32%
Industrials
7.95%
As of September 11, 2026

Top 10 Holdings

MINN
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

MINN
Exposure data will be available soon
ZUT
Total weight of top 10 holdings out of 13 total
79.21%

Characteristics

Compare
MINN
ZUT
ProviderMiddlefieldBMO
ManagementActively managedPassively managed
Benchmark-Solactive Equal Weight Canada Utilities Total Return Index - CAD
Replication MethodDirect (Physical)
Asset ClassEquityEquity
Dividend PolicyDistributingDistributing
Trailing 12m distribution yield1.24%2.96%
Meets ESG criteriaNoNo
Inception DateMarch 23, 2018January 19, 2010

Frequently asked questions about MINN and ZUT

Which ETF has performed better year to date: MINN or ZUT?
As of September 11, 2026, MINN has returned 36.78% year to date, while ZUT has returned 11.61%. MINN is ahead on YTD performance.
Which ETF is larger by assets under management: MINN or ZUT?
As of September 11, 2026, MINN manages $117.29 M in assets, while ZUT manages $805.63 M. ZUT is the larger fund by AUM.
How are MINN and ZUT managed?
MINN is actively managed by Middlefield. 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.
Which ETF is attracting more investor flows: MINN or ZUT?
Year to date, MINN has seen -$5.33 M in net flows, compared with -$94.91 M for ZUT. MINN has attracted more net investor money so far.
How do the fees of MINN and ZUT compare?
MINN has an expense ratio of 1.40%, while ZUT has an expense ratio of 0.61%.

Recent articles about MINN and ZUT

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