VS
iShares S&P/TSX Capped Energy Index ETF (XEG) and Evolve Canadian Utilities Yield Fund ETF (CUTE) offer distinct profiles for Canadian ETF investors. A direct comparison shows that XEG focuses its top 3 sector exposures on Energy, Finance, and Non-Energy Materials, while CUTE leans towards Energy, Utilities, and Telecommunications. When evaluating costs, XEG features a management fee (MER) of 0.55%, compared to 0.6% for CUTE. 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
XEG
CUTE
| AuM | $2,427.56 M | $1.83 M |
| Management Fees | 0.55% | 0.60% |
| Exp. ratio | 0.61% | 0.60% |
| Tracking Difference | 4.63% | - |
Historical performance and flows
As of September 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XEG | +6.19% | +9.24% | +52.14% | +64.38% | +88.20% |
CUTE | -3.73% | - | - | - | - | |
| Flows | XEG | +$5 M | -$144 M | +$58 M | +$161 M | -$378 M |
CUTE | +$0 M | - | - | - | - |
XEG vs CUTE exposure
Countries
XEG
Canada
99.97%
CUTE
Canada
98.62%
Sectors
XEG
Energy
95.44%
CUTE
Energy
42.34%
Utilities
30.35%
Telecommunications
25.92%
As of September 11, 2026
Top 10 Holdings
XEG
Suncor Energy, Inc.
25.76%
Canadian Natural Resources Ltd.
25.07%
Cenovus Energy, Inc.
13.38%
Imperial Oil Ltd.
6.32%
Tourmaline Oil Corp.
5.36%
Whitecap Resources, Inc.
4.66%
ARC Resources Ltd.
4.36%
PrairieSky Royalty Ltd.
1.89%
Tamarack Valley Energy Ltd.
1.49%
Peyto Exploration & Development Corp.
1.22%
CUTE
Pembina Pipeline Corp.
11.06%
AltaGas Ltd.
10.77%
TC Energy Corp.
10.40%
Emera, Inc.
10.33%
Fortis, Inc.
10.22%
Enbridge, Inc.
10.12%
Hydro One Ltd.
9.80%
Rogers Communications, Inc.
9.40%
BCE, Inc.
9.02%
TELUS Corp.
7.50%
Diversification
XEG
Total weight of top 10 holdings out of 27 total
89.50%
CUTE
Total weight of top 10 holdings out of 10 total
98.62%
Characteristics
Compare
XEG
CUTE
| Provider | iShares | Evolve ETFs |
| Management | Passively managed | Actively managed |
| Benchmark | S&P/TSX Capped Energy Index - CAD | - |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.42% | - |
| Meets ESG criteria | No | No |
| Inception Date | March 19, 2001 | July 13, 2026 |
Frequently asked questions about XEG and CUTE
Which ETF is larger by assets under management: XEG or CUTE?
As of September 11, 2026, XEG manages $2.43 B in assets, while CUTE manages $1.83 M. XEG is the larger fund by AUM.
How are XEG and CUTE managed?
XEG is passively managed by iShares. It tracks the S&P/TSX Capped Energy Index - CAD benchmark. CUTE is actively managed by Evolve ETFs. It does not track an index.
What sectors do XEG and CUTE emphasize?
XEG is most exposed to Energy, Finance, and Non-Energy Materials. CUTE is most exposed to Energy, Utilities, and Telecommunications.
How do the fees of XEG and CUTE compare?
XEG has an expense ratio of 0.61%, while CUTE has an expense ratio of 0.60%.
What are the top holdings of XEG and CUTE?
XEG's largest holdings include Suncor Energy, Inc., Canadian Natural Resources Ltd., and Cenovus Energy, Inc.. CUTE's top holdings include Pembina Pipeline Corp., AltaGas Ltd., and TC Energy Corp..
Which ETF is more diversified: XEG or CUTE?
XEG holds 27 securities, while CUTE holds 10. On holdings count, XEG is the more diversified portfolio.
Recent articles about XEG and CUTE
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