VS
When evaluating costs, SVR features a management fee (MER) of 0.6%, compared to 0.55% for ZUT. Performance-wise, SVR has returned 11.21% year-to-date with +$120 M in net flows, whereas ZUT is at 16.08% with -$63 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
SVR
ZUT
| AuM | $600.30 M | $875.85 M |
| Management Fees | 0.60% | 0.55% |
| Exp. ratio | 0.66% | 0.61% |
| Tracking Difference | - | -0.85% |
Historical performance and flows
As of May 7, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | SVR | +11.21% | -0.41% | +11.21% | +138.43% | +191.68% |
ZUT | -1.06% | +11.27% | +16.08% | +29.45% | +38.54% | |
| Flows | SVR | -$13 M | +$25 M | +$120 M | +$248 M | +$256 M |
ZUT | +$24 M | -$35 M | -$63 M | +$131 M | +$310 M |
SVR vs ZUT exposure
Countries
SVR
Exposure data will be available soon
ZUT
Canada
85.16%
Bermuda
14.84%
Sectors
SVR
Exposure data will be available soon
ZUT
Utilities
100.00%
As of May 7, 2026
Top 10 Holdings
SVR
Exposure data will be available soon
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
SVR
Exposure data will be available soon
ZUT
Total weight of top 10 holdings out of 13 total
78.61%
Characteristics
Compare
SVR
ZUT
| Provider | iShares | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | LBMA Silver Price - Price/USD - USD | Solactive Equal Weight Canada Utilities Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Commodity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.00% | 2.89% |
| Meets ESG criteria | No | No |
| Inception Date | July 15, 2009 | January 19, 2010 |
Frequently asked questions about SVR and ZUT
Which ETF has performed better year to date: SVR or ZUT?
As of May 7, 2026, SVR has returned 11.21% year to date, while ZUT has returned 16.08%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: SVR or ZUT?
As of May 7, 2026, SVR manages $600.30 M in assets, while ZUT manages $875.85 M. ZUT is the larger fund by AUM.
How are SVR and ZUT managed?
SVR is passively managed by iShares. It tracks the LBMA Silver Price - Price/USD - USD benchmark. 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: SVR or ZUT?
Year to date, SVR has seen +$120.09 M in net flows, compared with -$63.05 M for ZUT. SVR has attracted more net investor money so far.
How do the fees of SVR and ZUT compare?
SVR has an expense ratio of 0.66%, while ZUT has an expense ratio of 0.61%.
Recent articles about SVR and ZUT
Canadian Silver ETFs Surge 94% as Fed Policy Shift Fuels Rally
Canadian-listed silver ETFs have gained 94% year-to-date, dramatically outperforming gold funds.
Posted on 12/8/2025 by ETF Market Canada inCommodities
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