VS
When evaluating costs, OILY features a management fee (MER) of 0.6%, compared to 0.55% for ZUT. Performance-wise, OILY has returned 47.13% year-to-date with +$26 M in net flows, whereas ZUT is at 17.87% with -$71 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
OILY
ZUT
| AuM | $43.88 M | $871.28 M |
| Management Fees | 0.60% | 0.55% |
| Exp. ratio | 0.60% | 0.61% |
| Tracking Difference | - | -0.73% |
Historical performance and flows
As of October 29, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | OILY | +10.87% | +8.10% | +47.13% | +49.89% | - |
ZUT | +4.96% | -2.81% | +17.87% | +11.38% | +78.33% | |
| Flows | OILY | -$1 M | +$7 M | +$26 M | +$29 M | - |
ZUT | -$16 M | +$51 M | -$71 M | +$5 M | +$259 M |
OILY vs ZUT exposure
Countries
OILY
Exposure data will be available soon
ZUT
Canada
83.93%
Bermuda
16.07%
Sectors
OILY
Exposure data will be available soon
ZUT
Utilities
83.24%
Energy
8.44%
Industrials
8.32%
As of October 29, 2026
Top 10 Holdings
OILY
Exposure data will be available soon
ZUT
Northland Power, Inc.
9.17%
TransAlta Corp.
8.59%
ATCO Ltd.
8.53%
AltaGas Ltd.
8.44%
Canadian Utilities Ltd.
8.43%
Fortis, Inc.
8.34%
Brookfield Infrastructure Partners LP
8.32%
Capital Power Corp.
8.27%
Emera, Inc.
8.26%
Hydro One Ltd.
8.15%
Diversification
OILY
Exposure data will be available soon
ZUT
Total weight of top 10 holdings out of 12 total
84.50%
Characteristics
Compare
OILY
ZUT
| Provider | Evolve ETFs | BMO |
| Management | Actively managed | Passively managed |
| Benchmark | - | Solactive Equal Weight Canada Utilities Total Return Index - CAD |
| Replication Method | - | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 12.35% | 3.07% |
| Meets ESG criteria | No | No |
| Inception Date | March 26, 2025 | January 19, 2010 |
Frequently asked questions about OILY and ZUT
Which ETF has performed better year to date: OILY or ZUT?
As of October 29, 2026, OILY has returned 47.13% year to date, while ZUT has returned 17.87%. OILY is ahead on YTD performance.
Which ETF is larger by assets under management: OILY or ZUT?
As of October 29, 2026, OILY manages $43.88 M in assets, while ZUT manages $871.28 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 +$26.12 M in net flows, compared with -$71.39 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
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
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.
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.