VS
Hamilton Champions U.S. Dividend Index ETF (SMVP) and BMO Equal Weight Utilities Index ETF (ZUT) offer distinct profiles for Canadian ETF investors. A direct comparison shows that SMVP focuses its top 3 sector exposures on Consumer Non-Cyclicals, Industrials, and Healthcare, while ZUT leans towards Utilities, Energy, and Industrials. When evaluating costs, SMVP features a management fee (MER) of 0.19%, compared to 0.55% for ZUT. Performance-wise, SMVP has returned 8.97% year-to-date with +$4 M in net flows, whereas ZUT is at 22.38% with -$121 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
SMVP
ZUT
| AuM | $21.59 M | $860.02 M |
| Management Fees | 0.19% | 0.55% |
| Exp. ratio | 0.19% | 0.61% |
| Tracking Difference | - | -0.85% |
Historical performance and flows
As of July 21, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | SMVP | +2.25% | +2.53% | +8.97% | +11.14% | - |
ZUT | +1.18% | +8.31% | +22.38% | +26.05% | +52.51% | |
| Flows | SMVP | -$0 M | +$1 M | +$4 M | +$6 M | - |
ZUT | +$1 M | -$61 M | -$121 M | -$44 M | +$191 M |
SMVP vs ZUT exposure
Countries
SMVP
USA
87.07%
Other
12.93%
ZUT
Canada
84.68%
Bermuda
15.32%
Sectors
SMVP
Consumer Non-Cyclicals
19.22%
Industrials
17.83%
Healthcare
14.91%
Non-Energy Materials
11.21%
Finance
8.35%
Technology
8.19%
Other
20.29%
ZUT
Utilities
85.04%
Energy
7.95%
Industrials
7.01%
As of July 21, 2026
Top 10 Holdings
SMVP
Caterpillar, Inc.
3.84%
Eli Lilly & Co.
3.39%
Waters Corp.
3.14%
International Business Machines Corp.
3.11%
Cardinal Health, Inc.
3.07%
Kimberly-Clark Corp.
3.04%
Automatic Data Processing, Inc.
2.97%
Target Corp.
2.97%
W.W. Grainger, Inc.
2.95%
Colgate-Palmolive Co.
2.92%
ZUT
Boralex, Inc.
9.46%
Capital Power Corp.
8.42%
Brookfield Renewable Partners LP
8.31%
AltaGas Ltd.
7.95%
ATCO Ltd.
7.77%
TransAlta Corp.
7.74%
Canadian Utilities Ltd.
7.65%
Emera, Inc.
7.38%
Fortis, Inc.
7.23%
Northland Power, Inc.
7.14%
Diversification
SMVP
Total weight of top 10 holdings out of 35 total
31.41%
ZUT
Total weight of top 10 holdings out of 13 total
79.05%
Characteristics
Compare
SMVP
ZUT
| Provider | Hamilton ETFs | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive United States Dividend Elite Champions Index - USD | 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 | 2.20% | 2.71% |
| Meets ESG criteria | No | No |
| Inception Date | January 27, 2025 | January 19, 2010 |
Frequently asked questions about SMVP and ZUT
Which ETF has performed better year to date: SMVP or ZUT?
As of July 21, 2026, SMVP has returned 8.97% year to date, while ZUT has returned 22.38%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: SMVP or ZUT?
As of July 21, 2026, SMVP manages $21.59 M in assets, while ZUT manages $860.02 M. ZUT is the larger fund by AUM.
How are SMVP and ZUT managed?
SMVP is passively managed by Hamilton ETFs. It tracks the Solactive United States Dividend Elite Champions Index - USD benchmark. ZUT is passively managed by BMO. It tracks the Solactive Equal Weight Canada Utilities Total Return Index - CAD benchmark.
What sectors do SMVP and ZUT emphasize?
SMVP is most exposed to Consumer Non-Cyclicals, Industrials, and Healthcare. ZUT is most exposed to Utilities, Energy, and Industrials.
Which ETF is attracting more investor flows: SMVP or ZUT?
Year to date, SMVP has seen +$4.39 M in net flows, compared with -$121.13 M for ZUT. SMVP has attracted more net investor money so far.
How do the fees of SMVP and ZUT compare?
SMVP has an expense ratio of 0.19%, while ZUT has an expense ratio of 0.61%.
What are the top holdings of SMVP and ZUT?
SMVP's largest holdings include Caterpillar, Inc., Eli Lilly & Co., and Waters Corp.. ZUT's top holdings include Boralex, Inc., Capital Power Corp., and Brookfield Renewable Partners LP.
Which ETF is more diversified: SMVP or ZUT?
SMVP holds 35 securities, while ZUT holds 13. On holdings count, SMVP is the more diversified portfolio.
Recent articles about SMVP and ZUT
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