VS
When evaluating costs, MMAC features a management fee (MER) of 0.55%, 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
MMAC
ZUT
| AuM | $8.28 M | $853.07 M |
| Management Fees | 0.55% | 0.55% |
| Exp. ratio | 0.55% | 0.61% |
| Tracking Difference | - | -0.85% |
Historical performance and flows
As of July 20, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | MMAC | -0.01% | +0.74% | - | - | - |
ZUT | +1.08% | +6.43% | +22.25% | +25.92% | +52.94% | |
| Flows | MMAC | +$1 M | +$7 M | - | - | - |
ZUT | -$5 M | -$67 M | -$127 M | -$50 M | +$186 M |
MMAC vs ZUT exposure
Countries
MMAC
Exposure data will be available soon
ZUT
Canada
84.68%
Bermuda
15.32%
Sectors
MMAC
Exposure data will be available soon
ZUT
Utilities
85.04%
Energy
7.95%
Industrials
7.01%
As of July 20, 2026
Top 10 Holdings
MMAC
Exposure data will be available soon
ZUT
Boralex, Inc.
9.46%
Capital Power Corp.
8.42%
Brookfield Renewable Partners LP
8.31%
AltaGas Ltd.
7.95%
ATCO Ltd.
7.77%
TransAlta Corp.
7.74%
Canadian Utilities Ltd.
7.65%
Emera, Inc.
7.38%
Fortis, Inc.
7.23%
Northland Power, Inc.
7.14%
Diversification
MMAC
Exposure data will be available soon
ZUT
Total weight of top 10 holdings out of 13 total
79.05%
Characteristics
Compare
MMAC
ZUT
| Provider | Manulife Investments | BMO |
| Management | Actively managed | Passively managed |
| Benchmark | - | Solactive Equal Weight Canada Utilities Total Return Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Fixed Income | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | - | 2.72% |
| Meets ESG criteria | No | No |
| Inception Date | March 17, 2026 | January 19, 2010 |
Frequently asked questions about MMAC and ZUT
Which ETF is larger by assets under management: MMAC or ZUT?
As of July 20, 2026, MMAC manages $8.28 M in assets, while ZUT manages $853.07 M. ZUT is the larger fund by AUM.
How are MMAC and ZUT managed?
MMAC is actively managed by Manulife 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 MMAC and ZUT compare?
MMAC has an expense ratio of 0.55%, while ZUT has an expense ratio of 0.61%.
Recent articles about MMAC and ZUT
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