VS
Global X Artificial Intelligence Infrastructure Index ETF (MTRX) and BMO Equal Weight Utilities Index ETF (ZUT) offer distinct profiles for Canadian ETF investors. A direct comparison shows that MTRX focuses its top 3 sector exposures on Industrials, Materials, and Information Technology, while ZUT leans towards Utilities. When evaluating costs, MTRX features a management fee (MER) of 0.49%, compared to 0.55% for ZUT. Performance-wise, MTRX has returned 32.12% year-to-date with +$38 M in net flows, whereas ZUT is at 20.18% 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
MTRX
ZUT
| AuM | $55.02 M | $901.76 M |
| Management Fees | 0.49% | 0.55% |
| Exp. ratio | 0.60% | 0.61% |
| Tracking Difference | -1.90% | -0.90% |
Historical performance and flows
As of June 12, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | MTRX | -0.90% | +16.52% | +32.12% | +74.66% | - |
ZUT | +3.71% | +8.83% | +20.18% | +27.67% | +47.40% | |
| Flows | MTRX | +$7 M | +$17 M | +$38 M | +$45 M | - |
ZUT | -$4 M | +$15 M | -$66 M | +$132 M | +$243 M |
MTRX vs ZUT exposure
Countries
MTRX
USA
39.74%
Ireland
11.35%
Canada
9.98%
Other
8.15%
Taiwan
7.57%
Other
23.21%
ZUT
Canada
85.23%
Bermuda
14.77%
Sectors
MTRX
Industrials
36.31%
Materials
20.13%
Information Technology
16.53%
Other
14.46%
Energy
7.76%
ZUT
Utilities
100.00%
As of June 12, 2026
Top 10 Holdings
MTRX
DELTA ELECTRONIC
6.44%
US36828A1016
6.31%
VERTIV HOLDINGS
5.18%
CAMECO
5.08%
ARISTA NETWORKS
4.88%
SOUTHERN COPPER CORPORATION
4.63%
ABB
4.59%
FREEPORT-MCMORAN INC
4.57%
EATON CORP PLC
4.43%
SIEMENS ENERGY AG
4.42%
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
MTRX
Total weight of top 10 holdings out of 28 total
50.53%
ZUT
Total weight of top 10 holdings out of 13 total
78.87%
Characteristics
Compare
MTRX
ZUT
| Provider | Global X | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | Mirae Asset AI Infrastructure Index - CAD | Solactive Equal Weight Canada Utilities Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.03% | 2.77% |
| Meets ESG criteria | No | No |
| Inception Date | February 20, 2025 | January 19, 2010 |
Frequently asked questions about MTRX and ZUT
Which ETF has performed better year to date: MTRX or ZUT?
As of June 12, 2026, MTRX has returned 32.12% year to date, while ZUT has returned 20.18%. MTRX is ahead on YTD performance.
Which ETF is larger by assets under management: MTRX or ZUT?
As of June 12, 2026, MTRX manages $55.02 M in assets, while ZUT manages $901.76 M. ZUT is the larger fund by AUM.
How are MTRX and ZUT managed?
MTRX is passively managed by Global X. It tracks the Mirae Asset AI Infrastructure Index - CAD benchmark. ZUT is passively managed by BMO. It tracks the Solactive Equal Weight Canada Utilities Total Return Index - CAD benchmark.
What sectors do MTRX and ZUT emphasize?
MTRX is most exposed to Industrials, Materials, and Information Technology. ZUT is most exposed to Utilities.
Which ETF is attracting more investor flows: MTRX or ZUT?
Year to date, MTRX has seen +$37.82 M in net flows, compared with -$65.77 M for ZUT. MTRX has attracted more net investor money so far.
How do the fees of MTRX and ZUT compare?
MTRX has an expense ratio of 0.60%, while ZUT has an expense ratio of 0.61%.
What are the top holdings of MTRX and ZUT?
MTRX's largest holdings include DELTA ELECTRONIC and VERTIV HOLDINGS. ZUT's top holdings include BORALEX, NORTHLAND POWER, and ALTAGAS.
Which ETF is more diversified: MTRX or ZUT?
MTRX holds 28 securities, while ZUT holds 13. On holdings count, MTRX is the more diversified portfolio.
Recent articles about MTRX and ZUT
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Posted on 6/30/2025 by ETF Market Canada inArtificial Intelligence
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