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iShares Core Growth ETF Portfolio (XGRO) and BMO Equal Weight Utilities Index ETF (ZUT) offer distinct profiles for Canadian ETF investors. A direct comparison shows that XGRO focuses its top 3 sector exposures on Information Technology, Financials, and Industrials, while ZUT leans towards Utilities. When evaluating costs, XGRO features a management fee (MER) of 0.18%, compared to 0.55% for ZUT. Performance-wise, XGRO has returned 8.39% year-to-date with +$437 M in net flows, whereas ZUT is at 19.88% with -$67 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
XGRO
ZUT
| AuM | $4,792.95 M | $897.97 M |
| Management Fees | 0.18% | 0.55% |
| Exp. ratio | 0.20% | 0.61% |
| Tracking Difference | - | -0.90% |
Historical performance and flows
As of June 5, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XGRO | +2.72% | +5.95% | +8.39% | +23.16% | +64.32% |
ZUT | +3.31% | +8.04% | +19.88% | +29.65% | +45.82% | |
| Flows | XGRO | +$91 M | +$229 M | +$437 M | +$827 M | +$1,913 M |
ZUT | -$7 M | +$13 M | -$67 M | +$130 M | +$240 M |
XGRO vs ZUT exposure
Countries
XGRO
USA
39.43%
Canada
34.76%
Other
25.81%
ZUT
Canada
85.23%
Bermuda
14.77%
Sectors
XGRO
Information Technology
16.89%
Financials
14.89%
Other
9.99%
Industrials
8.73%
Other
49.50%
ZUT
Utilities
100.00%
As of June 5, 2026
Top 10 Holdings
XGRO
NVIDIA
2.56%
APPLE
2.10%
MICROSOFT-T
1.60%
ROYAL BK CANADA
1.42%
AMAZON.COM INC
1.36%
ALPHABET INC-CL
1.18%
BROADCOM LIMITED
1.04%
TORONTO DOMINION
1.02%
ALPHABET INC-CL
0.94%
SHOPIFY SUBORDINATE VOTING
0.84%
ZUT
BORALEX
10.04%
NORTHLAND POWER
8.09%
ALTAGAS
8.08%
BROOKFIELD RENEWABLE PARTNERS
7.87%
ATCO
7.62%
CAPITAL POWER
7.57%
EMERA
7.48%
ALGONQUIN POWER
7.47%
CANADIAN UTILITIES
7.43%
FORTIS
7.23%
Diversification
XGRO
Total weight of top 10 holdings out of 21,767 total
14.06%
ZUT
Total weight of top 10 holdings out of 13 total
78.87%
Characteristics
Compare
XGRO
ZUT
| Provider | iShares | BMO |
| Management | Actively managed | Passively managed |
| Benchmark | - | Solactive Equal Weight Canada Utilities Total Return Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity, Fixed Income | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.79% | 2.78% |
| Meets ESG criteria | No | No |
| Inception Date | June 21, 2007 | January 19, 2010 |
Frequently asked questions about XGRO and ZUT
Which ETF has performed better year to date: XGRO or ZUT?
As of June 5, 2026, XGRO has returned 8.39% year to date, while ZUT has returned 19.88%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: XGRO or ZUT?
As of June 5, 2026, XGRO manages $4.79 B in assets, while ZUT manages $897.97 M. XGRO is the larger fund by AUM.
How are XGRO and ZUT managed?
XGRO is actively managed by iShares. 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.
What sectors do XGRO and ZUT emphasize?
XGRO is most exposed to Information Technology, Financials, and Industrials. ZUT is most exposed to Utilities.
Which ETF is attracting more investor flows: XGRO or ZUT?
Year to date, XGRO has seen +$437.05 M in net flows, compared with -$67.36 M for ZUT. XGRO has attracted more net investor money so far.
How do the fees of XGRO and ZUT compare?
XGRO has an expense ratio of 0.20%, while ZUT has an expense ratio of 0.61%.
What are the top holdings of XGRO and ZUT?
XGRO's largest holdings include NVIDIA and ALPHABET INC-CL. ZUT's top holdings include BORALEX, NORTHLAND POWER, and ALTAGAS.
Which ETF is more diversified: XGRO or ZUT?
XGRO holds 18437 securities, while ZUT holds 13. On holdings count, XGRO is the more diversified portfolio.
Recent articles about XGRO and ZUT
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All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.