VS
When evaluating costs, PBAL features a management fee (MER) of 0.29%, 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
PBAL
ZUT
| AuM | $5.23 M | $853.07 M |
| Management Fees | 0.29% | 0.55% |
| Exp. ratio | 0.29% | 0.61% |
| Tracking Difference | - | -0.85% |
Historical performance and flows
As of July 20, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | PBAL | -1.74% | +3.11% | - | - | - |
ZUT | +1.08% | +6.43% | +22.25% | +25.92% | +52.94% | |
| Flows | PBAL | +$2 M | +$3 M | - | - | - |
ZUT | -$5 M | -$67 M | -$127 M | -$50 M | +$186 M |
PBAL vs ZUT exposure
Countries
PBAL
Exposure data will be available soon
ZUT
Canada
83.77%
Bermuda
16.23%
Sectors
PBAL
Exposure data will be available soon
ZUT
Utilities
84.34%
Energy
8.20%
Industrials
7.46%
As of July 20, 2026
Top 10 Holdings
PBAL
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
PBAL
Exposure data will be available soon
ZUT
Total weight of top 10 holdings out of 13 total
79.35%
Characteristics
Compare
PBAL
ZUT
| Provider | PIMCO | 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 | - | 2.72% |
| Meets ESG criteria | No | No |
| Inception Date | January 26, 2026 | January 19, 2010 |
Frequently asked questions about PBAL and ZUT
Which ETF is larger by assets under management: PBAL or ZUT?
As of July 20, 2026, PBAL manages $5.23 M in assets, while ZUT manages $853.07 M. ZUT is the larger fund by AUM.
How are PBAL and ZUT managed?
PBAL is actively managed by PIMCO. 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 PBAL and ZUT compare?
PBAL has an expense ratio of 0.29%, while ZUT has an expense ratio of 0.61%.
Recent articles about PBAL and ZUT
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