VS
When evaluating costs, UTIL features a management fee (MER) of 0.61%, compared to 0.25% for ZEB. Performance-wise, UTIL has returned 20.46% year-to-date with -$10 M in net flows, whereas ZEB is at 32.65% with +$209 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
UTIL
ZEB
| AuM | $23.91 M | $7,263.42 M |
| Management Fees | 0.61% | 0.25% |
| Exp. ratio | 0.21% | 0.28% |
| Tracking Difference | -0.38% | -0.65% |
Historical performance and flows
As of July 20, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | UTIL | +1.02% | +6.84% | +20.46% | +27.43% | +52.71% |
ZEB | +1.98% | +16.51% | +32.65% | +67.24% | +148.29% | |
| Flows | UTIL | +$1 M | -$27 M | -$10 M | -$2 M | +$8 M |
ZEB | +$972 M | +$1,234 M | +$209 M | +$894 M | -$431 M |
UTIL vs ZEB exposure
Countries
UTIL
Exposure data will be available soon
ZEB
Canada
100.00%
Sectors
UTIL
Exposure data will be available soon
ZEB
Finance
100.00%
As of July 20, 2026
Top 10 Holdings
UTIL
Exposure data will be available soon
ZEB
The Toronto-Dominion Bank
17.52%
Royal Bank of Canada
17.09%
Bank of Montreal
16.85%
The Bank of Nova Scotia
16.38%
Canadian Imperial Bank of Commerce
16.27%
National Bank of Canada
15.89%
Diversification
UTIL
Exposure data will be available soon
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
UTIL
ZEB
| Provider | Global X | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | Mirae Asset Equal Weight Canadian Utilities Index - CAD | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.34% | 2.29% |
| Meets ESG criteria | No | No |
| Inception Date | August 9, 2022 | October 20, 2009 |
Frequently asked questions about UTIL and ZEB
Which ETF has performed better year to date: UTIL or ZEB?
As of July 20, 2026, UTIL has returned 20.46% year to date, while ZEB has returned 32.65%. ZEB is ahead on YTD performance.
Which ETF is larger by assets under management: UTIL or ZEB?
As of July 20, 2026, UTIL manages $23.91 M in assets, while ZEB manages $7.26 B. ZEB is the larger fund by AUM.
How are UTIL and ZEB managed?
UTIL is passively managed by Global X. It tracks the Mirae Asset Equal Weight Canadian Utilities Index - CAD benchmark. ZEB is passively managed by BMO. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark.
Which ETF is attracting more investor flows: UTIL or ZEB?
Year to date, UTIL has seen -$9.97 M in net flows, compared with +$209.29 M for ZEB. ZEB has attracted more net investor money so far.
How do the fees of UTIL and ZEB compare?
UTIL has an expense ratio of 0.21%, while ZEB has an expense ratio of 0.28%.
Recent articles about UTIL and ZEB
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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.