VS
Global X Silver Miners Index ETF (SLVX) and BMO Equal Weight Utilities Index ETF (ZUT) offer distinct profiles for Canadian ETF investors. A direct comparison shows that SLVX focuses its top 3 sector exposures on Materials, while ZUT leans towards Utilities. When evaluating costs, SLVX features a management fee (MER) of 0.5%, 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
SLVX
ZUT
| AuM | $3.80 M | $871.56 M |
| Management Fees | 0.50% | 0.55% |
| Exp. ratio | 0.50% | 0.61% |
| Tracking Difference | - | -0.85% |
Historical performance and flows
As of May 15, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | SLVX | - | - | - | - | - |
ZUT | -1.44% | +6.36% | +15.71% | +28.56% | +37.73% | |
| Flows | SLVX | - | - | - | - | - |
ZUT | -$4 M | -$24 M | -$65 M | +$132 M | +$245 M |
SLVX vs ZUT exposure
Countries
SLVX
Canada
64.93%
USA
18.07%
Other
17.00%
ZUT
Canada
85.16%
Bermuda
14.84%
Sectors
SLVX
Materials
84.48%
Other
15.52%
ZUT
Utilities
100.00%
As of May 15, 2026
Top 10 Holdings
SLVX
WHEATON PRECIOUS METALS CORP
23.11%
PAN AMERICAN
12.62%
COEUR MINING INC
7.08%
FIRST MAJESTIC SILVER
5.80%
FRESNILLO PLC
5.49%
HECLA MINING
5.11%
KOREA ZINC
4.68%
US2044481040
4.34%
INDUSTRIAS PENOLES
4.18%
SSR MINING
4.10%
ZUT
BORALEX
9.91%
NORTHLAND POWER
7.97%
BROOKFIELD RENEWABLE PARTNERS
7.84%
CAPITAL POWER
7.84%
ALTAGAS
7.70%
ATCO
7.53%
ALGONQUIN POWER
7.52%
TRANSALTA
7.49%
EMERA
7.42%
CANADIAN UTILITIES
7.38%
Diversification
SLVX
Total weight of top 10 holdings out of 32 total
76.50%
ZUT
Total weight of top 10 holdings out of 13 total
78.61%
Characteristics
Compare
SLVX
ZUT
| Provider | Global X | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive Global Silver Miners Index NTR - CAD | 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 | - | 2.90% |
| Meets ESG criteria | No | No |
| Inception Date | May 12, 2022 | January 19, 2010 |
Frequently asked questions about SLVX and ZUT
Which ETF is larger by assets under management: SLVX or ZUT?
As of May 15, 2026, SLVX manages $3.80 M in assets, while ZUT manages $871.56 M. ZUT is the larger fund by AUM.
How are SLVX and ZUT managed?
SLVX is passively managed by Global X. It tracks the Solactive Global Silver Miners Index NTR - CAD benchmark. ZUT is passively managed by BMO. It tracks the Solactive Equal Weight Canada Utilities Total Return Index - CAD benchmark.
What sectors do SLVX and ZUT emphasize?
SLVX is most exposed to Materials. ZUT is most exposed to Utilities.
How do the fees of SLVX and ZUT compare?
SLVX has an expense ratio of 0.50%, while ZUT has an expense ratio of 0.61%.
What are the top holdings of SLVX and ZUT?
SLVX's largest holdings include WHEATON PRECIOUS METALS CORP and PAN AMERICAN. ZUT's top holdings include BORALEX, NORTHLAND POWER, and BROOKFIELD RENEWABLE PARTNERS.
Which ETF is more diversified: SLVX or ZUT?
SLVX holds 25 securities, while ZUT holds 13. On holdings count, SLVX is the more diversified portfolio.
Recent articles about SLVX and ZUT
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