VS
iShares ESG Advanced Canadian Corporate Bond Index ETF (XCBG) and BMO Equal Weight Utilities Index ETF (ZUT) offer distinct profiles for Canadian ETF investors. A direct comparison shows that XCBG focuses its top 3 sector exposures on Banks, Communication services, and Power, while ZUT leans towards Utilities. When evaluating costs, XCBG features a management fee (MER) of 0.15%, compared to 0.55% for ZUT. Performance-wise, XCBG has returned 0.35% year-to-date with -$19 M in net flows, whereas ZUT is at 18.09% with -$60 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
XCBG
ZUT
| AuM | $78.95 M | $896.06 M |
| Management Fees | 0.15% | 0.55% |
| Exp. ratio | 0.17% | 0.61% |
| Tracking Difference | -0.12% | -0.74% |
Historical performance and flows
As of April 9, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XCBG | -0.24% | +0.05% | +0.35% | +4.15% | +16.83% |
ZUT | +8.51% | +17.44% | +18.09% | +39.75% | +41.90% | |
| Flows | XCBG | -$24 M | -$19 M | -$19 M | +$8 M | +$56 M |
ZUT | +$23 M | -$47 M | -$60 M | +$103 M | +$252 M |
XCBG vs ZUT exposure
Countries
XCBG
Canada
89.68%
USA
8.55%
ZUT
Canada
82.74%
Bermuda
17.26%
Sectors
XCBG
Banks
36.81%
Other
19.38%
Communication services
15.76%
Power
7.54%
Other
20.51%
ZUT
Utilities
100.00%
As of April 9, 2026
Top 10 Holdings
XCBG
CA06418Y4L93
1.16%
CA13607QQT27
1.16%
Bank of Nova Scotia, 2.95% 8mar2027, CAD
1.08%
CA89116C7J09
1.06%
Toronto-Dominion Bank, 4.21% 1jun2027, CAD
0.98%
CA779926WF74
0.97%
Toronto-Dominion Bank, 4.68% 8jan2029, CAD
0.92%
Bank of Nova Scotia, 4.68% 1feb2029, CAD
0.90%
CA89116C3S44
0.90%
Bank of Montreal, 3.19% 1mar2028, CAD
0.90%
ZUT
BROOKFIELD INFRASTRUCTURE PARTNERS LP UNIT
8.73%
ATCO
8.70%
BROOKFIELD RENEWABLE PARTNERS
8.53%
CANADIAN UTILITIES
8.28%
ALGONQUIN POWER
8.23%
HYDRO ONE
7.94%
FORTIS
7.66%
ALTAGAS
7.40%
EMERA
7.26%
CAPITAL POWER
7.12%
Diversification
XCBG
Total weight of top 10 holdings out of 356 total
10.03%
ZUT
Total weight of top 10 holdings out of 13 total
79.85%
Characteristics
Compare
XCBG
ZUT
| Provider | iShares | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | Bloomberg MSCI Canada Corporate Choice ESG Screened 10% Issuer Capped Index - CAD | Solactive Equal Weight Canada Utilities Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Fixed Income | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.91% | 2.86% |
| Meets ESG criteria | Yes | No |
| Inception Date | August 6, 2021 | January 19, 2010 |
Frequently asked questions about XCBG and ZUT
Which ETF has performed better year to date: XCBG or ZUT?
As of April 9, 2026, XCBG has returned 0.35% year to date, while ZUT has returned 18.09%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: XCBG or ZUT?
As of April 9, 2026, XCBG manages $78.95 M in assets, while ZUT manages $896.06 M. ZUT is the larger fund by AUM.
How are XCBG and ZUT managed?
XCBG is passively managed by iShares. It tracks the Bloomberg MSCI Canada Corporate Choice ESG Screened 10% Issuer Capped Index - CAD benchmark. ZUT is passively managed by BMO. It tracks the Solactive Equal Weight Canada Utilities Total Return Index - CAD benchmark.
What sectors do XCBG and ZUT emphasize?
XCBG is most exposed to Banks, Communication services, and Power. ZUT is most exposed to Utilities.
Which ETF is attracting more investor flows: XCBG or ZUT?
Year to date, XCBG has seen -$18.63 M in net flows, compared with -$60.14 M for ZUT. XCBG has attracted more net investor money so far.
How do the fees of XCBG and ZUT compare?
XCBG has an expense ratio of 0.17%, while ZUT has an expense ratio of 0.61%.
What are the top holdings of XCBG and ZUT?
XCBG's largest holdings include Bank of Nova Scotia, 2.95% 8mar2027, CAD and Toronto-Dominion Bank, 4.21% 1jun2027, CAD. ZUT's top holdings include BROOKFIELD INFRASTRUCTURE PARTNERS LP UNIT, ATCO, and BROOKFIELD RENEWABLE PARTNERS.
Which ETF is more diversified: XCBG or ZUT?
XCBG holds 302 securities, while ZUT holds 13. On holdings count, XCBG is the more diversified portfolio.
Recent articles about XCBG and ZUT
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