VS
When evaluating costs, OPPS features a management fee (MER) of 0.73%, compared to 0.55% for ZUT. Performance-wise, OPPS has returned 0.67% year-to-date with +$11 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
OPPS
ZUT
| AuM | $32.99 M | $871.28 M |
| Management Fees | 0.73% | 0.55% |
| Exp. ratio | 0.73% | 0.61% |
| Tracking Difference | - | -0.73% |
Historical performance and flows
As of October 29, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | OPPS | -0.03% | -0.58% | +0.67% | +0.75% | - |
ZUT | +4.96% | -2.81% | +17.87% | +11.38% | +78.33% | |
| Flows | OPPS | +$1 M | +$2 M | +$11 M | +$10 M | - |
ZUT | -$16 M | +$51 M | -$71 M | +$5 M | +$259 M |
OPPS vs ZUT exposure
Countries
OPPS
Exposure data will be available soon
ZUT
Canada
83.93%
Bermuda
16.07%
Sectors
OPPS
Exposure data will be available soon
ZUT
Utilities
83.24%
Energy
8.44%
Industrials
8.32%
As of October 29, 2026
Top 10 Holdings
OPPS
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
OPPS
Exposure data will be available soon
ZUT
Total weight of top 10 holdings out of 12 total
84.50%
Characteristics
Compare
OPPS
ZUT
| Provider | Manulife Investments | BMO |
| Management | Actively managed | Passively managed |
| Benchmark | - | Solactive Equal Weight Canada Utilities Total Return Index - CAD |
| Replication Method | - | Direct (Physical) |
| Asset Class | Fixed Income | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.87% | 3.07% |
| Meets ESG criteria | No | No |
| Inception Date | October 1, 2024 | January 19, 2010 |
Frequently asked questions about OPPS and ZUT
Which ETF has performed better year to date: OPPS or ZUT?
As of October 29, 2026, OPPS has returned 0.67% year to date, while ZUT has returned 17.87%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: OPPS or ZUT?
As of October 29, 2026, OPPS manages $32.99 M in assets, while ZUT manages $871.28 M. ZUT is the larger fund by AUM.
How are OPPS and ZUT managed?
OPPS is actively managed by Manulife 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.
Which ETF is attracting more investor flows: OPPS or ZUT?
Year to date, OPPS has seen +$10.82 M in net flows, compared with -$71.39 M for ZUT. OPPS has attracted more net investor money so far.
How do the fees of OPPS and ZUT compare?
OPPS has an expense ratio of 0.73%, while ZUT has an expense ratio of 0.61%.
Recent articles about OPPS and ZUT
Manulife Investment Management Launches ETF Series to Expand Access to Flagship Strategies
Manulife Investment Management launches OPPS, STRT, and PLUS ETFs, offering active fixed income and alternative investment strategies with intraday trading and tax efficiency.
Posted on 3/6/2025 by Edouard Caillieux inLaunches
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