VS
When evaluating costs, MSTE features a management fee (MER) of 0.4%, compared to 0.55% for ZUT. Performance-wise, MSTE has returned 30.07% year-to-date with +$256 M in net flows, whereas ZUT is at 20.31% with -$66 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
MSTE
ZUT
| AuM | $380.91 M | $902.69 M |
| Management Fees | 0.40% | 0.55% |
| Exp. ratio | 0.40% | 0.61% |
| Tracking Difference | - | -0.90% |
Historical performance and flows
As of June 16, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | MSTE | -29.25% | -28.89% | -30.07% | -74.89% | - |
ZUT | +3.50% | +7.83% | +20.31% | +27.57% | +52.16% | |
| Flows | MSTE | +$77 M | +$148 M | +$256 M | +$880 M | - |
ZUT | -$1 M | +$15 M | -$66 M | +$133 M | +$240 M |
MSTE vs ZUT exposure
Countries
MSTE
Exposure data will be available soon
ZUT
Canada
85.23%
Bermuda
14.77%
Sectors
MSTE
Exposure data will be available soon
ZUT
Utilities
100.00%
As of June 16, 2026
Top 10 Holdings
MSTE
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
MSTE
Exposure data will be available soon
ZUT
Total weight of top 10 holdings out of 13 total
78.87%
Characteristics
Compare
MSTE
ZUT
| Provider | Harvest Portfolios Group | BMO |
| Management | Actively managed | Passively managed |
| Benchmark | - | Solactive Equal Weight Canada Utilities Total Return Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 144.60% | 2.77% |
| Meets ESG criteria | No | No |
| Inception Date | March 5, 2025 | January 19, 2010 |
Frequently asked questions about MSTE and ZUT
Which ETF has performed better year to date: MSTE or ZUT?
As of June 16, 2026, MSTE has returned -30.07% year to date, while ZUT has returned 20.31%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: MSTE or ZUT?
As of June 16, 2026, MSTE manages $380.91 M in assets, while ZUT manages $902.69 M. ZUT is the larger fund by AUM.
How are MSTE and ZUT managed?
MSTE is actively managed by Harvest Portfolios Group. 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: MSTE or ZUT?
Year to date, MSTE has seen +$256.20 M in net flows, compared with -$65.77 M for ZUT. MSTE has attracted more net investor money so far.
How do the fees of MSTE and ZUT compare?
MSTE has an expense ratio of 0.40%, while ZUT has an expense ratio of 0.61%.
Recent articles about MSTE and ZUT
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