VS
Harvest Travel & Leisure Income ETF (TRVI) and BMO Equal Weight Utilities Index ETF (ZUT) offer distinct profiles for Canadian ETF investors. A direct comparison shows that TRVI focuses its top 3 sector exposures on Consumer Discretionary, Industrials, and Real Estate, while ZUT leans towards Utilities. When evaluating costs, TRVI features a management fee (MER) of 0.75%, compared to 0.55% for ZUT. Performance-wise, TRVI has returned 2.75% year-to-date with -$3 M in net flows, whereas ZUT is at 20.18% with -$66 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
TRVI
ZUT
| AuM | $53.72 M | $901.76 M |
| Management Fees | 0.75% | 0.55% |
| Exp. ratio | 0.99% | 0.61% |
| Tracking Difference | - | -0.90% |
Historical performance and flows
As of June 12, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | TRVI | +8.52% | +13.15% | +2.75% | +15.79% | +38.04% |
ZUT | +3.71% | +8.83% | +20.18% | +27.67% | +47.40% | |
| Flows | TRVI | +$1 M | +$0 M | -$3 M | -$4 M | +$14 M |
ZUT | -$4 M | +$15 M | -$66 M | +$132 M | +$243 M |
TRVI vs ZUT exposure
Countries
TRVI
USA
82.20%
Other
11.50%
ZUT
Canada
85.23%
Bermuda
14.77%
Sectors
TRVI
Consumer Discretionary
72.10%
Industrials
16.30%
Real Estate
10.30%
ZUT
Utilities
100.00%
As of June 12, 2026
Top 10 Holdings
TRVI
BOOKING HOLDINGS
10.30%
MARRIOTT INTL
10.30%
HILTON INC
10.30%
ROYAL CARIBBEAN GROUP
10.20%
AIRBNB
9.90%
DELTA AIR LINES
6.00%
VICI PROPERTIES INC
4.80%
CARNIVAL
4.40%
UNITED AIRLINES HOLDINGS
4.40%
EXPEDIA GROUP INC
4.30%
ZUT
BORALEX
10.04%
NORTHLAND POWER
8.09%
ALTAGAS
8.08%
BROOKFIELD RENEWABLE PARTNERS
7.87%
ATCO
7.62%
CAPITAL POWER
7.57%
EMERA
7.48%
ALGONQUIN POWER
7.47%
CANADIAN UTILITIES
7.43%
FORTIS
7.23%
Diversification
TRVI
Total weight of top 10 holdings out of 29 total
74.90%
ZUT
Total weight of top 10 holdings out of 13 total
78.87%
Characteristics
Compare
TRVI
ZUT
| Provider | Harvest Portfolios Group | 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 | 9.87% | 2.77% |
| Meets ESG criteria | No | No |
| Inception Date | April 12, 2023 | January 19, 2010 |
Frequently asked questions about TRVI and ZUT
Which ETF has performed better year to date: TRVI or ZUT?
As of June 12, 2026, TRVI has returned 2.75% year to date, while ZUT has returned 20.18%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: TRVI or ZUT?
As of June 12, 2026, TRVI manages $53.72 M in assets, while ZUT manages $901.76 M. ZUT is the larger fund by AUM.
How are TRVI and ZUT managed?
TRVI is actively managed by Harvest Portfolios Group. 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.
What sectors do TRVI and ZUT emphasize?
TRVI is most exposed to Consumer Discretionary, Industrials, and Real Estate. ZUT is most exposed to Utilities.
Which ETF is attracting more investor flows: TRVI or ZUT?
Year to date, TRVI has seen -$3.29 M in net flows, compared with -$65.77 M for ZUT. TRVI has attracted more net investor money so far.
How do the fees of TRVI and ZUT compare?
TRVI has an expense ratio of 0.99%, while ZUT has an expense ratio of 0.61%.
What are the top holdings of TRVI and ZUT?
TRVI's largest holdings include BOOKING HOLDINGS, MARRIOTT INTL, and HILTON INC. ZUT's top holdings include BORALEX, NORTHLAND POWER, and ALTAGAS.
Which ETF is more diversified: TRVI or ZUT?
TRVI holds 29 securities, while ZUT holds 13. On holdings count, TRVI is the more diversified portfolio.
Recent articles about TRVI and ZUT
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All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.