VS
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 Finance, Technology, and Industrials, while ZUT leans towards Utilities, Energy, and Industrials. When evaluating costs, XGRO features a management fee (MER) of 0.18%, compared to 0.55% for ZUT. Performance-wise, XGRO has returned 12.3% year-to-date with +$656 M in net flows, whereas ZUT is at 15.28% with -$115 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 | $5,149.18 M | $814.07 M |
| Management Fees | 0.18% | 0.55% |
| Exp. ratio | 0.20% | 0.61% |
| Tracking Difference | - | -0.82% |
Historical performance and flows
As of August 21, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XGRO | +0.94% | +3.75% | +12.30% | +19.92% | +68.55% |
ZUT | -5.80% | -2.60% | +15.28% | +19.38% | +51.79% | |
| Flows | XGRO | +$86 M | +$270 M | +$656 M | +$890 M | +$2,079 M |
ZUT | +$12 M | -$50 M | -$115 M | -$75 M | +$194 M |
XGRO vs ZUT exposure
Countries
XGRO
USA
39.99%
Canada
34.28%
Other
25.72%
ZUT
Canada
84.68%
Bermuda
15.32%
Sectors
XGRO
Finance
23.83%
Technology
20.96%
Industrials
8.97%
Other
46.25%
ZUT
Utilities
85.04%
Energy
7.95%
Industrials
7.01%
As of August 21, 2026
Top 10 Holdings
XGRO
NVIDIA Corp.
2.42%
Apple, Inc.
2.12%
Royal Bank of Canada
1.62%
Microsoft Corp.
1.38%
Amazon.com, Inc.
1.16%
The Toronto-Dominion Bank
1.14%
Alphabet, Inc.
1.04%
Broadcom Inc.
0.89%
Alphabet, Inc.
0.83%
Shopify, Inc.
0.78%
ZUT
Boralex, Inc.
9.46%
Capital Power Corp.
8.42%
Brookfield Renewable Partners LP
8.31%
AltaGas Ltd.
7.95%
ATCO Ltd.
7.77%
TransAlta Corp.
7.74%
Canadian Utilities Ltd.
7.65%
Emera, Inc.
7.38%
Fortis, Inc.
7.23%
Northland Power, Inc.
7.14%
Diversification
XGRO
Total weight of top 10 holdings out of 21,894 total
13.39%
ZUT
Total weight of top 10 holdings out of 13 total
79.05%
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 | 1.88% | 2.87% |
| 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 August 21, 2026, XGRO has returned 12.30% year to date, while ZUT has returned 15.28%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: XGRO or ZUT?
As of August 21, 2026, XGRO manages $5.15 B in assets, while ZUT manages $814.07 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 Finance, Technology, and Industrials. ZUT is most exposed to Utilities, Energy, and Industrials.
Which ETF is attracting more investor flows: XGRO or ZUT?
Year to date, XGRO has seen +$655.89 M in net flows, compared with -$114.90 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 Corp., Apple, Inc., and Alphabet, Inc.. ZUT's top holdings include Boralex, Inc., Capital Power Corp., and Brookfield Renewable Partners LP.
Which ETF is more diversified: XGRO or ZUT?
XGRO holds 21736 securities, while ZUT holds 13. On holdings count, XGRO is the more diversified portfolio.
Recent articles about XGRO and ZUT
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