VS
When evaluating costs, UTES features a management fee (MER) of 0.6%, compared to 0.19% for UMVP. 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
UTES
UMVP
| AuM | $436.21 M | $297.09 M |
| Management Fees | 0.60% | 0.19% |
| Exp. ratio | 0.84% | 0.19% |
| Tracking Difference | - | -0.20% |
Historical performance and flows
As of September 10, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | UTES | -2.21% | -10.16% | +3.42% | +3.92% | - |
UMVP | -3.76% | -8.05% | - | - | - | |
| Flows | UTES | +$30 M | +$114 M | +$224 M | +$329 M | - |
UMVP | +$5 M | +$24 M | - | - | - |
UTES vs UMVP exposure
Countries
UTES
Exposure data will be available soon
UMVP
Canada
82.93%
Bermuda
16.81%
Sectors
UTES
Exposure data will be available soon
UMVP
Utilities
34.80%
Energy
33.91%
Telecommunications
21.83%
Industrials
9.21%
As of September 10, 2026
Top 10 Holdings
UTES
Exposure data will be available soon
UMVP
Canadian Utilities Ltd.
9.34%
Brookfield Infrastructure Partners LP
9.21%
Emera, Inc.
9.02%
Fortis, Inc.
8.84%
AltaGas Ltd.
8.67%
Pembina Pipeline Corp.
8.51%
TC Energy Corp.
8.45%
Enbridge, Inc.
8.27%
Rogers Communications, Inc.
7.63%
Brookfield Renewable Partners LP
7.60%
Diversification
UTES
Exposure data will be available soon
UMVP
Total weight of top 10 holdings out of 12 total
85.55%
Characteristics
Compare
UTES
UMVP
| Provider | Evolve ETFs | Hamilton ETFs |
| Management | Actively managed | Passively managed |
| Benchmark | - | Solactive Canadian Utility Services High Dividend Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 18.27% | - |
| Meets ESG criteria | No | No |
| Inception Date | September 3, 2024 | January 20, 2026 |
Frequently asked questions about UTES and UMVP
Which ETF is larger by assets under management: UTES or UMVP?
As of September 10, 2026, UTES manages $436.21 M in assets, while UMVP manages $297.09 M. UTES is the larger fund by AUM.
How are UTES and UMVP managed?
UTES is actively managed by Evolve ETFs. It does not track an index. UMVP is passively managed by Hamilton ETFs. It tracks the Solactive Canadian Utility Services High Dividend Index - CAD benchmark.
How do the fees of UTES and UMVP compare?
UTES has an expense ratio of 0.84%, while UMVP has an expense ratio of 0.19%.
Recent articles about UTES and UMVP
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
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.
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.