VS
When evaluating costs, PSA features a management fee (MER) of 0.15%, compared to 0.55% for ZUT. Performance-wise, PSA has returned 1.18% year-to-date with -$75 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
Key Data
Compare
PSA
ZUT
| AuM | $3,131.53 M | $852.91 M |
| Management Fees | 0.15% | 0.55% |
| Exp. ratio | 0.17% | 0.61% |
| Tracking Difference | - | -0.85% |
Historical performance and flows
As of July 16, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | PSA | +0.18% | +0.55% | +1.18% | +2.30% | +11.22% |
ZUT | +1.71% | +5.71% | +22.01% | +27.22% | +54.59% | |
| Flows | PSA | +$45 M | +$83 M | -$75 M | -$58 M | -$729 M |
ZUT | -$60 M | -$66 M | -$126 M | -$42 M | +$188 M |
PSA vs ZUT exposure
Countries
PSA
Exposure data will be available soon
ZUT
Canada
83.77%
Bermuda
16.23%
Sectors
PSA
Exposure data will be available soon
ZUT
Utilities
84.34%
Energy
8.20%
Industrials
7.46%
As of July 16, 2026
Top 10 Holdings
PSA
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
PSA
Exposure data will be available soon
ZUT
Total weight of top 10 holdings out of 13 total
79.35%
Characteristics
Compare
PSA
ZUT
| Provider | Purpose 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 | 2.30% | 2.72% |
| Meets ESG criteria | No | No |
| Inception Date | October 10, 2013 | January 19, 2010 |
Frequently asked questions about PSA and ZUT
Which ETF has performed better year to date: PSA or ZUT?
As of July 16, 2026, PSA has returned 1.18% year to date, while ZUT has returned 22.01%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: PSA or ZUT?
As of July 16, 2026, PSA manages $3.13 B in assets, while ZUT manages $852.91 M. PSA is the larger fund by AUM.
How are PSA and ZUT managed?
PSA is actively managed by Purpose 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: PSA or ZUT?
Year to date, PSA has seen -$75.14 M in net flows, compared with -$125.69 M for ZUT. PSA has attracted more net investor money so far.
How do the fees of PSA and ZUT compare?
PSA has an expense ratio of 0.17%, while ZUT has an expense ratio of 0.61%.
Recent articles about PSA 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.