VS
Mackenzie China A-Shares CSI 300 Index ETF (QCH) and BMO Equal Weight Utilities Index ETF (ZUT) offer distinct profiles for Canadian ETF investors. A direct comparison shows that QCH focuses its top 3 sector exposures on Technology, Finance, and Industrials, while ZUT leans towards Utilities, Energy, and Industrials. When evaluating costs, QCH features a management fee (MER) of 0.55%, compared to 0.55% for ZUT. Performance-wise, QCH has returned 4.2% year-to-date with +$4 M in net flows, whereas ZUT is at 10.97% with -$95 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
QCH
ZUT
| AuM | $32.57 M | $801.08 M |
| Management Fees | 0.55% | 0.55% |
| Exp. ratio | 0.73% | 0.61% |
| Tracking Difference | - | -0.80% |
Historical performance and flows
As of September 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | QCH | -3.39% | -3.45% | +4.20% | +6.62% | +39.66% |
ZUT | -7.29% | -8.19% | +10.97% | +15.84% | +44.54% | |
| Flows | QCH | +$1 M | +$2 M | +$4 M | +$2 M | +$0 M |
ZUT | +$17 M | -$29 M | -$95 M | -$106 M | +$217 M |
QCH vs ZUT exposure
Countries
QCH
China
100.00%
ZUT
Canada
84.41%
Bermuda
15.59%
Sectors
QCH
Technology
29.25%
Finance
20.27%
Industrials
18.36%
Non-Energy Materials
9.79%
Consumer Non-Cyclicals
9.06%
Other
13.26%
ZUT
Utilities
83.73%
Energy
8.32%
Industrials
7.95%
As of September 11, 2026
Top 10 Holdings
QCH
Contemporary Amperex Technology Co., Ltd.
4.03%
Zhongji Innolight Co., Ltd.
3.94%
Kweichow Moutai Co., Ltd.
3.25%
Ping An Insurance (Group) Co. of China Ltd.
2.25%
Eoptolink Technology Inc., Ltd.
2.19%
Zijin Mining Group Co., Ltd.
2.05%
China Merchants Bank Co., Ltd.
1.92%
Midea Group Co. Ltd.
1.64%
Cambricon Technologies Corp. Ltd.
1.39%
China Yangtze Power Co., Ltd.
1.38%
ZUT
Boralex, Inc.
9.47%
ATCO Ltd.
8.45%
AltaGas Ltd.
8.32%
Canadian Utilities Ltd.
8.09%
Brookfield Infrastructure Partners LP
7.95%
Capital Power Corp.
7.68%
Brookfield Renewable Partners LP
7.64%
Emera, Inc.
7.35%
TransAlta Corp.
7.18%
Northland Power, Inc.
7.08%
Diversification
QCH
Total weight of top 10 holdings out of 284 total
24.03%
ZUT
Total weight of top 10 holdings out of 13 total
79.21%
Characteristics
Compare
QCH
ZUT
| Provider | Mackenzie Investments | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | CSI 300 Index - CNY | Solactive Equal Weight Canada Utilities Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.27% | 2.98% |
| Meets ESG criteria | No | No |
| Inception Date | February 1, 2018 | January 19, 2010 |
Frequently asked questions about QCH and ZUT
Which ETF has performed better year to date: QCH or ZUT?
As of September 11, 2026, QCH has returned 4.20% year to date, while ZUT has returned 10.97%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: QCH or ZUT?
As of September 11, 2026, QCH manages $32.57 M in assets, while ZUT manages $801.08 M. ZUT is the larger fund by AUM.
How are QCH and ZUT managed?
QCH is passively managed by Mackenzie Investments. It tracks the CSI 300 Index - CNY benchmark. ZUT is passively managed by BMO. It tracks the Solactive Equal Weight Canada Utilities Total Return Index - CAD benchmark.
What sectors do QCH and ZUT emphasize?
QCH is most exposed to Technology, Finance, and Industrials. ZUT is most exposed to Utilities, Energy, and Industrials.
Which ETF is attracting more investor flows: QCH or ZUT?
Year to date, QCH has seen +$3.50 M in net flows, compared with -$94.91 M for ZUT. QCH has attracted more net investor money so far.
How do the fees of QCH and ZUT compare?
QCH has an expense ratio of 0.73%, while ZUT has an expense ratio of 0.61%.
What are the top holdings of QCH and ZUT?
QCH's largest holdings include Contemporary Amperex Technology Co., Ltd., Zhongji Innolight Co., Ltd., and Kweichow Moutai Co., Ltd.. ZUT's top holdings include Boralex, Inc., ATCO Ltd., and AltaGas Ltd..
Which ETF is more diversified: QCH or ZUT?
QCH holds 284 securities, while ZUT holds 13. On holdings count, QCH is the more diversified portfolio.
Recent articles about QCH and ZUT
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