VS
When evaluating costs, NMEQ features a management fee (MER) of 0.3%, 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
NMEQ
ZUT
| AuM | $1.04 M | $901.76 M |
| Management Fees | 0.30% | 0.55% |
| Exp. ratio | 0.30% | 0.61% |
| Tracking Difference | - | -0.90% |
Historical performance and flows
As of June 12, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | NMEQ | +3.04% | - | - | - | - |
ZUT | +3.71% | +8.83% | +20.18% | +27.67% | +47.40% | |
| Flows | NMEQ | +$1 M | - | - | - | - |
ZUT | -$4 M | +$15 M | -$66 M | +$132 M | +$243 M |
NMEQ vs ZUT exposure
Countries
NMEQ
Exposure data will be available soon
ZUT
Canada
85.23%
Bermuda
14.77%
Sectors
NMEQ
Exposure data will be available soon
ZUT
Utilities
100.00%
As of June 12, 2026
Top 10 Holdings
NMEQ
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
NMEQ
Exposure data will be available soon
ZUT
Total weight of top 10 holdings out of 13 total
78.87%
Characteristics
Compare
NMEQ
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 | - | 2.77% |
| Meets ESG criteria | No | No |
| Inception Date | May 12, 2026 | January 19, 2010 |
Frequently asked questions about NMEQ and ZUT
Which ETF is larger by assets under management: NMEQ or ZUT?
As of June 12, 2026, NMEQ manages $1.04 M in assets, while ZUT manages $901.76 M. ZUT is the larger fund by AUM.
How are NMEQ and ZUT managed?
NMEQ 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 NMEQ and ZUT compare?
NMEQ has an expense ratio of 0.30%, while ZUT has an expense ratio of 0.61%.
Recent articles about NMEQ 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.