VS
When evaluating costs, VMO features a management fee (MER) of 0.35%, compared to 0.55% for ZUT. Performance-wise, VMO has returned 19.54% year-to-date with +$134 M in net flows, whereas ZUT is at 13.46% with -$98 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
VMO
ZUT
| AuM | $489.47 M | $816.24 M |
| Management Fees | 0.35% | 0.55% |
| Exp. ratio | 0.38% | 0.61% |
| Tracking Difference | - | -0.80% |
Historical performance and flows
As of September 17, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | VMO | -4.41% | -6.20% | +19.54% | +25.01% | +112.12% |
ZUT | -4.33% | -5.42% | +13.46% | +19.30% | +47.99% | |
| Flows | VMO | +$5 M | +$24 M | +$134 M | +$150 M | +$265 M |
ZUT | +$14 M | -$32 M | -$98 M | -$105 M | +$220 M |
VMO vs ZUT exposure
Countries
VMO
Exposure data will be available soon
ZUT
Canada
84.41%
Bermuda
15.59%
Sectors
VMO
Exposure data will be available soon
ZUT
Utilities
83.73%
Energy
8.32%
Industrials
7.95%
As of September 17, 2026
Top 10 Holdings
VMO
Exposure data will be available soon
ZUT
Boralex, Inc.
9.47%
ATCO Ltd.
8.45%
AltaGas Ltd.
8.32%
Canadian Utilities Ltd.
8.09%
Brookfield Infrastructure Partners LP
7.95%
Capital Power Corp.
7.68%
Brookfield Renewable Partners LP
7.64%
Emera, Inc.
7.35%
TransAlta Corp.
7.18%
Northland Power, Inc.
7.08%
Diversification
VMO
Exposure data will be available soon
ZUT
Total weight of top 10 holdings out of 13 total
79.21%
Characteristics
Compare
VMO
ZUT
| Provider | Vanguard | 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 | 0.72% | 2.91% |
| Meets ESG criteria | No | No |
| Inception Date | June 22, 2016 | January 19, 2010 |
Frequently asked questions about VMO and ZUT
Which ETF has performed better year to date: VMO or ZUT?
As of September 17, 2026, VMO has returned 19.54% year to date, while ZUT has returned 13.46%. VMO is ahead on YTD performance.
Which ETF is larger by assets under management: VMO or ZUT?
As of September 17, 2026, VMO manages $489.47 M in assets, while ZUT manages $816.24 M. ZUT is the larger fund by AUM.
How are VMO and ZUT managed?
VMO is actively managed by Vanguard. 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.
Which ETF is attracting more investor flows: VMO or ZUT?
Year to date, VMO has seen +$134.12 M in net flows, compared with -$97.69 M for ZUT. VMO has attracted more net investor money so far.
How do the fees of VMO and ZUT compare?
VMO has an expense ratio of 0.38%, while ZUT has an expense ratio of 0.61%.
Recent articles about VMO and ZUT
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