OILY
Evolve Canadian Energy Enhanced Yield Index Fund

Full OILY fund page
VS
ZUT
BMO Equal Weight Utilities Index ETF

Full ZUT fund page

When evaluating costs, OILY features a management fee (MER) of 0.6%, compared to 0.55% for ZUT. Performance-wise, OILY has returned 31.95% year-to-date with +$20 M in net flows, whereas ZUT is at 22.01% with -$126 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.

NAV Performance and Flows

-4.0-2.00.02.04.0%Jun 16Jun 23Jun 30Jul 8Jul 15

Key Data

Historical performance and flows

As of July 16, 2026
1M3MYTD1Y3Y
Perf.
OILY
+3.14%+7.35%+31.95%+44.50%-
ZUT
+1.71%+5.71%+22.01%+27.22%+54.59%
Flows
OILY
+$8 M+$11 M+$20 M+$30 M-
ZUT
-$60 M-$66 M-$126 M-$42 M+$188 M

OILY vs ZUT exposure

Countries

OILY
Exposure data will be available soon
ZUT
Canada
83.77%
Bermuda
16.23%

Sectors

OILY
Exposure data will be available soon
ZUT
Utilities
84.34%
Energy
8.20%
Industrials
7.46%
As of July 16, 2026

Top 10 Holdings

OILY
Exposure data will be available soon
ZUT
Boralex, Inc.
9.57%
Brookfield Renewable Partners LP
8.77%
AltaGas Ltd.
8.20%
Capital Power Corp.
8.05%
TransAlta Corp.
7.83%
Northland Power, Inc.
7.73%
Brookfield Infrastructure Partners LP
7.46%
Canadian Utilities Ltd.
7.33%
ATCO Ltd.
7.25%
Emera, Inc.
7.16%

Diversification

OILY
Exposure data will be available soon
ZUT
Total weight of top 10 holdings out of 13 total
79.35%

Characteristics

Compare
OILY
ZUT
ProviderEvolve ETFsBMO
ManagementActively managedPassively managed
Benchmark-Solactive Equal Weight Canada Utilities Total Return Index - CAD
Replication MethodDirect (Physical)
Asset ClassEquityEquity
Dividend PolicyDistributingDistributing
Trailing 12m distribution yield12.45%2.72%
Meets ESG criteriaNoNo
Inception DateMarch 26, 2025January 19, 2010

Frequently asked questions about OILY and ZUT

Which ETF has performed better year to date: OILY or ZUT?
As of July 16, 2026, OILY has returned 31.95% year to date, while ZUT has returned 22.01%. OILY is ahead on YTD performance.
Which ETF is larger by assets under management: OILY or ZUT?
As of July 16, 2026, OILY manages $35.72 M in assets, while ZUT manages $852.91 M. ZUT is the larger fund by AUM.
How are OILY and ZUT managed?
OILY is actively managed by Evolve ETFs. 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: OILY or ZUT?
Year to date, OILY has seen +$20.40 M in net flows, compared with -$125.69 M for ZUT. OILY has attracted more net investor money so far.
How do the fees of OILY and ZUT compare?
OILY has an expense ratio of 0.60%, while ZUT has an expense ratio of 0.61%.

Recent articles about OILY and ZUT

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