VS
When evaluating costs, NBLD features a management fee (MER) of 0.35%, 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
NBLD
ZUT
| AuM | $0.99 M | $811.97 M |
| Management Fees | 0.35% | 0.55% |
| Exp. ratio | 0.35% | 0.61% |
| Tracking Difference | - | -0.80% |
Historical performance and flows
As of September 2, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | NBLD | -1.12% | - | - | - | - |
ZUT | -7.03% | -6.25% | +12.68% | +19.36% | +47.83% | |
| Flows | NBLD | +$0 M | - | - | - | - |
ZUT | +$23 M | -$18 M | -$96 M | -$89 M | +$217 M |
NBLD vs ZUT exposure
Countries
NBLD
Exposure data will be available soon
ZUT
Canada
84.41%
Bermuda
15.59%
Sectors
NBLD
Exposure data will be available soon
ZUT
Utilities
83.73%
Energy
8.32%
Industrials
7.95%
As of September 2, 2026
Top 10 Holdings
NBLD
Exposure data will be available soon
ZUT
Boralex, Inc.
9.47%
ATCO Ltd.
8.45%
AltaGas Ltd.
8.32%
Canadian Utilities Ltd.
8.09%
Brookfield Infrastructure Partners LP
7.95%
Capital Power Corp.
7.68%
Brookfield Renewable Partners LP
7.64%
Emera, Inc.
7.35%
TransAlta Corp.
7.18%
Northland Power, Inc.
7.08%
Diversification
NBLD
Exposure data will be available soon
ZUT
Total weight of top 10 holdings out of 13 total
79.21%
Characteristics
Compare
NBLD
ZUT
| Provider | National Bank Investments | BMO |
| Management | Actively managed | Passively managed |
| Benchmark | - | Solactive Equal Weight Canada Utilities Total Return Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity, Fixed Income | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | - | 2.93% |
| Meets ESG criteria | No | No |
| Inception Date | June 12, 2026 | January 19, 2010 |
Frequently asked questions about NBLD and ZUT
Which ETF is larger by assets under management: NBLD or ZUT?
As of September 2, 2026, NBLD manages $0.99 M in assets, while ZUT manages $811.97 M. ZUT is the larger fund by AUM.
How are NBLD and ZUT managed?
NBLD is actively managed by National Bank 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 NBLD and ZUT compare?
NBLD has an expense ratio of 0.35%, while ZUT has an expense ratio of 0.61%.
Recent articles about NBLD and ZUT
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