VS
iShares S&P Global Industrials Index ETF (XGI) and BMO Equal Weight Utilities Index ETF (ZUT) offer distinct profiles for Canadian ETF investors. A direct comparison shows that XGI focuses its top 3 sector exposures on Industrials, Business Services, and Non-Energy Materials, while ZUT leans towards Utilities, Energy, and Industrials. When evaluating costs, XGI features a management fee (MER) of 0.63%, compared to 0.55% for ZUT. Performance-wise, XGI has returned 10.83% year-to-date with +$8 M in net flows, whereas ZUT is at 11.61% with -$95 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
XGI
ZUT
| AuM | $159.16 M | $805.63 M |
| Management Fees | 0.63% | 0.55% |
| Exp. ratio | 0.67% | 0.61% |
| Tracking Difference | -0.83% | -0.80% |
Historical performance and flows
As of September 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XGI | -5.69% | -0.03% | +10.83% | +14.25% | +65.45% |
ZUT | -5.59% | -7.33% | +11.61% | +17.34% | +47.29% | |
| Flows | XGI | +$0 M | -$2 M | +$8 M | +$6 M | +$46 M |
ZUT | +$5 M | -$17 M | -$95 M | -$106 M | +$217 M |
XGI vs ZUT exposure
Countries
XGI
USA
51.62%
Japan
13.30%
Other
35.07%
ZUT
Canada
84.41%
Bermuda
15.59%
Sectors
XGI
Industrials
83.87%
Other
16.13%
ZUT
Utilities
83.73%
Energy
8.32%
Industrials
7.95%
As of September 11, 2026
Top 10 Holdings
XGI
Caterpillar, Inc.
3.70%
GE Aerospace
3.69%
RTX Corp.
2.87%
GE Vernova, Inc.
2.62%
Siemens AG
2.31%
Schneider Electric SE
1.76%
The Boeing Co.
1.73%
Union Pacific Corp.
1.70%
Rolls-Royce Holdings Plc
1.64%
Deere & Co.
1.50%
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
XGI
Total weight of top 10 holdings out of 216 total
23.51%
ZUT
Total weight of top 10 holdings out of 13 total
79.21%
Characteristics
Compare
XGI
ZUT
| Provider | iShares | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | S&P Global 1200 Industrials CAD Hedged Net Total Return Index - CAD | 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 | 1.27% | 2.96% |
| Meets ESG criteria | No | No |
| Inception Date | March 26, 2013 | January 19, 2010 |
Frequently asked questions about XGI and ZUT
Which ETF has performed better year to date: XGI or ZUT?
As of September 11, 2026, XGI has returned 10.83% year to date, while ZUT has returned 11.61%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: XGI or ZUT?
As of September 11, 2026, XGI manages $159.16 M in assets, while ZUT manages $805.63 M. ZUT is the larger fund by AUM.
How are XGI and ZUT managed?
XGI is passively managed by iShares. It tracks the S&P Global 1200 Industrials CAD Hedged Net Total Return 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 XGI and ZUT emphasize?
XGI is most exposed to Industrials, Business Services, and Non-Energy Materials. ZUT is most exposed to Utilities, Energy, and Industrials.
Which ETF is attracting more investor flows: XGI or ZUT?
Year to date, XGI has seen +$8.24 M in net flows, compared with -$94.91 M for ZUT. XGI has attracted more net investor money so far.
How do the fees of XGI and ZUT compare?
XGI has an expense ratio of 0.67%, while ZUT has an expense ratio of 0.61%.
What are the top holdings of XGI and ZUT?
XGI's largest holdings include Caterpillar, Inc., GE Aerospace, and RTX Corp.. ZUT's top holdings include Boralex, Inc., ATCO Ltd., and AltaGas Ltd..
Which ETF is more diversified: XGI or ZUT?
XGI holds 212 securities, while ZUT holds 13. On holdings count, XGI is the more diversified portfolio.
Recent articles about XGI and ZUT
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