VS
When evaluating costs, MIPC features a management fee (MER) of 0.5%, 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
MIPC
ZUT
| AuM | $1.07 M | $893.16 M |
| Management Fees | 0.50% | 0.55% |
| Exp. ratio | 0.50% | 0.61% |
| Tracking Difference | - | -0.90% |
Historical performance and flows
As of June 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | MIPC | +3.65% | - | - | - | - |
ZUT | +3.72% | +9.48% | +20.43% | +29.41% | +47.71% | |
| Flows | MIPC | +$0 M | - | - | - | - |
ZUT | -$15 M | +$4 M | -$76 M | +$122 M | +$233 M |
MIPC vs ZUT exposure
Countries
MIPC
Exposure data will be available soon
ZUT
Canada
85.23%
Bermuda
14.77%
Sectors
MIPC
Exposure data will be available soon
ZUT
Utilities
100.00%
As of June 11, 2026
Top 10 Holdings
MIPC
Exposure data will be available soon
ZUT
BORALEX
10.04%
NORTHLAND POWER
8.09%
ALTAGAS
8.08%
BROOKFIELD RENEWABLE PARTNERS
7.87%
ATCO
7.62%
CAPITAL POWER
7.57%
EMERA
7.48%
ALGONQUIN POWER
7.47%
CANADIAN UTILITIES
7.43%
FORTIS
7.23%
Diversification
MIPC
Exposure data will be available soon
ZUT
Total weight of top 10 holdings out of 13 total
78.87%
Characteristics
Compare
MIPC
ZUT
| Provider | Middlefield | BMO |
| Management | Actively managed | Passively managed |
| Benchmark | - | Solactive Equal Weight Canada Utilities Total Return Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity, Fixed Income | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | - | 2.77% |
| Meets ESG criteria | No | No |
| Inception Date | March 18, 2026 | January 19, 2010 |
Frequently asked questions about MIPC and ZUT
Which ETF is larger by assets under management: MIPC or ZUT?
As of June 11, 2026, MIPC manages $1.07 M in assets, while ZUT manages $893.16 M. ZUT is the larger fund by AUM.
How are MIPC and ZUT managed?
MIPC 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.
How do the fees of MIPC and ZUT compare?
MIPC has an expense ratio of 0.50%, while ZUT has an expense ratio of 0.61%.
Recent articles about MIPC 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.




