VS
When evaluating costs, SHPY features a management fee (MER) of 0.4%, compared to 0.55% for ZUT. Performance-wise, SHPY has returned 22.41% year-to-date with +$8 M in net flows, whereas ZUT is at 22.25% with -$127 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
SHPY
ZUT
| AuM | $12.03 M | $853.07 M |
| Management Fees | 0.40% | 0.55% |
| Exp. ratio | 0.40% | 0.61% |
| Tracking Difference | - | -0.85% |
Historical performance and flows
As of July 20, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | SHPY | +15.40% | -3.66% | -22.41% | - | - |
ZUT | +1.08% | +6.43% | +22.25% | +25.92% | +52.94% | |
| Flows | SHPY | -$1 M | +$3 M | +$8 M | - | - |
ZUT | -$5 M | -$67 M | -$127 M | -$50 M | +$186 M |
SHPY vs ZUT exposure
Countries
SHPY
Exposure data will be available soon
ZUT
Canada
83.77%
Bermuda
16.23%
Sectors
SHPY
Exposure data will be available soon
ZUT
Utilities
84.34%
Energy
8.20%
Industrials
7.46%
As of July 20, 2026
Top 10 Holdings
SHPY
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
SHPY
Exposure data will be available soon
ZUT
Total weight of top 10 holdings out of 13 total
79.35%
Characteristics
Compare
SHPY
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 | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | - | 2.72% |
| Meets ESG criteria | No | No |
| Inception Date | August 21, 2025 | January 19, 2010 |
Frequently asked questions about SHPY and ZUT
Which ETF has performed better year to date: SHPY or ZUT?
As of July 20, 2026, SHPY has returned -22.41% year to date, while ZUT has returned 22.25%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: SHPY or ZUT?
As of July 20, 2026, SHPY manages $12.03 M in assets, while ZUT manages $853.07 M. ZUT is the larger fund by AUM.
How are SHPY and ZUT managed?
SHPY 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: SHPY or ZUT?
Year to date, SHPY has seen +$7.78 M in net flows, compared with -$127.21 M for ZUT. SHPY has attracted more net investor money so far.
How do the fees of SHPY and ZUT compare?
SHPY has an expense ratio of 0.40%, while ZUT has an expense ratio of 0.61%.
Recent articles about SHPY and ZUT
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