VS
When evaluating costs, UTIL features a management fee (MER) of 0.61%, compared to 0.55% for ZUT. Performance-wise, UTIL has returned 20.46% year-to-date with -$10 M in net flows, whereas ZUT is at 22.25% with -$127 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
ZUT
| AuM | $23.91 M | $853.07 M |
| Management Fees | 0.61% | 0.55% |
| Exp. ratio | 0.21% | 0.61% |
| Tracking Difference | -0.38% | -0.85% |
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% |
ZUT | +1.08% | +6.43% | +22.25% | +25.92% | +52.94% | |
| Flows | UTIL | +$1 M | -$27 M | -$10 M | -$2 M | +$8 M |
ZUT | -$5 M | -$67 M | -$127 M | -$50 M | +$186 M |
UTIL vs ZUT exposure
Countries
UTIL
Exposure data will be available soon
ZUT
Canada
83.77%
Bermuda
16.23%
Sectors
UTIL
Exposure data will be available soon
ZUT
Utilities
84.34%
Energy
8.20%
Industrials
7.46%
As of July 20, 2026
Top 10 Holdings
UTIL
Exposure data will be available soon
ZUT
Boralex, Inc.
9.57%
Brookfield Renewable Partners LP
8.77%
AltaGas Ltd.
8.20%
Capital Power Corp.
8.05%
TransAlta Corp.
7.83%
Northland Power, Inc.
7.73%
Brookfield Infrastructure Partners LP
7.46%
Canadian Utilities Ltd.
7.33%
ATCO Ltd.
7.25%
Emera, Inc.
7.16%
Diversification
UTIL
Exposure data will be available soon
ZUT
Total weight of top 10 holdings out of 13 total
79.35%
Characteristics
Compare
UTIL
ZUT
| Provider | Global X | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | Mirae Asset Equal Weight Canadian Utilities Index - CAD | Solactive Equal Weight Canada Utilities Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.34% | 2.72% |
| Meets ESG criteria | No | No |
| Inception Date | August 9, 2022 | January 19, 2010 |
Frequently asked questions about UTIL and ZUT
Which ETF has performed better year to date: UTIL or ZUT?
As of July 20, 2026, UTIL has returned 20.46% year to date, while ZUT has returned 22.25%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: UTIL or ZUT?
As of July 20, 2026, UTIL manages $23.91 M in assets, while ZUT manages $853.07 M. ZUT is the larger fund by AUM.
How are UTIL and ZUT managed?
UTIL is passively managed by Global X. It tracks the Mirae Asset Equal Weight Canadian Utilities Index - CAD 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: UTIL or ZUT?
Year to date, UTIL has seen -$9.97 M in net flows, compared with -$127.21 M for ZUT. UTIL has attracted more net investor money so far.
How do the fees of UTIL and ZUT compare?
UTIL has an expense ratio of 0.21%, while ZUT has an expense ratio of 0.61%.
Recent articles about UTIL and ZUT
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