VS
When evaluating costs, MTBB features a management fee (MER) of 0.2%, compared to 0.55% for ZUT. Performance-wise, MTBB has returned 0.13% year-to-date with +$0 M in net flows, whereas ZUT is at 16.24% with -$70 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
MTBB
ZUT
| AuM | $4.95 M | $862.78 M |
| Management Fees | 0.20% | 0.55% |
| Exp. ratio | 0.20% | 0.61% |
| Tracking Difference | - | -0.73% |
Historical performance and flows
As of October 15, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | MTBB | +0.12% | -0.81% | -0.13% | -0.09% | - |
ZUT | +3.85% | -4.33% | +16.24% | +9.35% | +69.53% | |
| Flows | MTBB | +$0 M | +$0 M | +$0 M | +$0 M | - |
ZUT | +$25 M | +$56 M | -$70 M | -$4 M | +$257 M |
MTBB vs ZUT exposure
Countries
MTBB
Exposure data will be available soon
ZUT
Canada
82.83%
Bermuda
17.17%
Sectors
MTBB
Exposure data will be available soon
ZUT
Utilities
82.26%
Energy
9.30%
Industrials
8.44%
As of October 15, 2026
Top 10 Holdings
MTBB
Exposure data will be available soon
ZUT
AltaGas Ltd.
9.30%
ATCO Ltd.
9.15%
Canadian Utilities Ltd.
8.78%
Brookfield Renewable Partners LP
8.73%
Capital Power Corp.
8.69%
Brookfield Infrastructure Partners LP
8.44%
Northland Power, Inc.
8.00%
TransAlta Corp.
7.98%
Emera, Inc.
7.97%
Fortis, Inc.
7.90%
Diversification
MTBB
Exposure data will be available soon
ZUT
Total weight of top 10 holdings out of 12 total
84.93%
Characteristics
Compare
MTBB
ZUT
| Provider | Mackenzie 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 | 3.05% | 2.85% |
| Meets ESG criteria | No | No |
| Inception Date | April 10, 2025 | January 19, 2010 |
Frequently asked questions about MTBB and ZUT
Which ETF has performed better year to date: MTBB or ZUT?
As of October 15, 2026, MTBB has returned -0.13% year to date, while ZUT has returned 16.24%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: MTBB or ZUT?
As of October 15, 2026, MTBB manages $4.95 M in assets, while ZUT manages $862.78 M. ZUT is the larger fund by AUM.
How are MTBB and ZUT managed?
MTBB is actively managed by Mackenzie 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: MTBB or ZUT?
Year to date, MTBB has seen +$0.00 M in net flows, compared with -$69.96 M for ZUT. MTBB has attracted more net investor money so far.
How do the fees of MTBB and ZUT compare?
MTBB has an expense ratio of 0.20%, while ZUT has an expense ratio of 0.61%.
Recent articles about MTBB and ZUT
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