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 | $427.68 M | $298.46 M |
| Management Fees | 0.60% | 0.19% |
| Exp. ratio | 0.84% | 0.19% |
| Tracking Difference | - | -0.18% |
Historical performance and flows
As of October 26, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | UTES | +4.88% | -8.40% | +3.41% | +1.13% | - |
UMVP | +3.23% | -6.58% | - | - | - | |
| Flows | UTES | -$2 M | +$75 M | +$223 M | +$292 M | - |
UMVP | +$4 M | +$13 M | - | - | - |
UTES vs UMVP exposure
Countries
UTES
Exposure data will be available soon
UMVP
Canada
83.67%
Bermuda
16.25%
Sectors
UTES
Exposure data will be available soon
UMVP
Utilities
34.13%
Energy
33.35%
Telecommunications
23.80%
Industrials
8.64%
As of October 26, 2026
Top 10 Holdings
UTES
Exposure data will be available soon
UMVP
Canadian Utilities Ltd.
9.09%
Fortis, Inc.
8.86%
Pembina Pipeline Corp.
8.69%
AltaGas Ltd.
8.64%
Brookfield Infrastructure Partners LP
8.64%
Emera, Inc.
8.57%
Rogers Communications, Inc.
8.51%
BCE, Inc.
8.41%
TC Energy Corp.
8.04%
Enbridge, Inc.
7.99%
Diversification
UTES
Exposure data will be available soon
UMVP
Total weight of top 10 holdings out of 12 total
85.43%
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 | 18.60% | - |
| 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 October 26, 2026, UTES manages $427.68 M in assets, while UMVP manages $298.46 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
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