VS
When evaluating costs, MNY features a management fee (MER) of 0.2%, compared to 0.55% for ZUT. Performance-wise, MNY has returned 0.84% year-to-date with +$163 M in net flows, whereas ZUT is at 16.08% with -$63 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
MNY
ZUT
| AuM | $1,768.67 M | $875.85 M |
| Management Fees | 0.20% | 0.55% |
| Exp. ratio | 0.22% | 0.61% |
| Tracking Difference | - | -0.85% |
Historical performance and flows
As of May 7, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | MNY | +0.20% | +0.57% | +0.84% | +2.63% | +12.39% |
ZUT | -1.06% | +11.27% | +16.08% | +29.45% | +38.54% | |
| Flows | MNY | +$80 M | +$48 M | +$163 M | +$596 M | +$1,577 M |
ZUT | +$24 M | -$35 M | -$63 M | +$131 M | +$310 M |
MNY vs ZUT exposure
Countries
MNY
Exposure data will be available soon
ZUT
Canada
85.16%
Bermuda
14.84%
Sectors
MNY
Exposure data will be available soon
ZUT
Utilities
100.00%
As of May 7, 2026
Top 10 Holdings
MNY
Exposure data will be available soon
ZUT
BORALEX
9.91%
NORTHLAND POWER
7.97%
BROOKFIELD RENEWABLE PARTNERS
7.84%
CAPITAL POWER
7.84%
ALTAGAS
7.70%
ATCO
7.53%
ALGONQUIN POWER
7.52%
TRANSALTA
7.49%
EMERA
7.42%
CANADIAN UTILITIES
7.38%
Diversification
MNY
Exposure data will be available soon
ZUT
Total weight of top 10 holdings out of 13 total
78.61%
Characteristics
Compare
MNY
ZUT
| Provider | Purpose 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 | 2.61% | 2.89% |
| Meets ESG criteria | No | No |
| Inception Date | September 14, 2022 | January 19, 2010 |
Frequently asked questions about MNY and ZUT
Which ETF has performed better year to date: MNY or ZUT?
As of May 7, 2026, MNY has returned 0.84% year to date, while ZUT has returned 16.08%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: MNY or ZUT?
As of May 7, 2026, MNY manages $1.77 B in assets, while ZUT manages $875.85 M. MNY is the larger fund by AUM.
How are MNY and ZUT managed?
MNY is actively managed by Purpose 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.
Which ETF is attracting more investor flows: MNY or ZUT?
Year to date, MNY has seen +$162.71 M in net flows, compared with -$63.05 M for ZUT. MNY has attracted more net investor money so far.
How do the fees of MNY and ZUT compare?
MNY has an expense ratio of 0.22%, while ZUT has an expense ratio of 0.61%.
Recent articles about MNY 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.




