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iShares India Index ETF (XID) and BMO Equal Weight Utilities Index ETF (ZUT) offer distinct profiles for Canadian ETF investors. A direct comparison shows that XID focuses its top 3 sector exposures on Finance, Energy, and Consumer Cyclicals, while ZUT leans towards Utilities, Energy, and Industrials. When evaluating costs, XID features a management fee (MER) of 0.98%, compared to 0.55% for ZUT. Performance-wise, XID has returned 2.66% year-to-date with +$1 M in net flows, whereas ZUT is at 23.02% with -$85 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
XID
ZUT
| AuM | $127.18 M | $895.68 M |
| Management Fees | 0.98% | 0.55% |
| Exp. ratio | 0.75% | 0.61% |
| Tracking Difference | - | -0.71% |
Historical performance and flows
As of November 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XID | +11.06% | +7.06% | -2.66% | -5.19% | +15.07% |
ZUT | +6.90% | +4.07% | +23.02% | +15.79% | +77.42% | |
| Flows | XID | -$4 M | -$15 M | +$1 M | +$11 M | +$54 M |
ZUT | -$19 M | +$15 M | -$85 M | -$31 M | +$227 M |
XID vs ZUT exposure
Countries
XID
India
99.38%
ZUT
Canada
83.93%
Bermuda
16.07%
Sectors
XID
Finance
36.44%
Energy
9.46%
Consumer Cyclicals
9.36%
Industrials
8.95%
Technology
7.58%
Non-Energy Materials
7.34%
Other
20.87%
ZUT
Utilities
83.24%
Energy
8.44%
Industrials
8.32%
As of November 11, 2026
Top 10 Holdings
XID
US4642895290
99.95%
ZUT
Northland Power, Inc.
9.17%
TransAlta Corp.
8.59%
ATCO Ltd.
8.53%
AltaGas Ltd.
8.44%
Canadian Utilities Ltd.
8.43%
Fortis, Inc.
8.34%
Brookfield Infrastructure Partners LP
8.32%
Capital Power Corp.
8.27%
Emera, Inc.
8.26%
Hydro One Ltd.
8.15%
Diversification
XID
Total weight of top 10 holdings out of 50 total
99.95%
ZUT
Total weight of top 10 holdings out of 12 total
84.50%
Characteristics
Compare
XID
ZUT
| Provider | iShares | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | NSE Nifty 50 Index - INR | Solactive Equal Weight Canada Utilities Total Return Index - CAD |
| Replication Method | Other | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 15.04% | 2.71% |
| Meets ESG criteria | No | No |
| Inception Date | January 21, 2010 | January 19, 2010 |
Frequently asked questions about XID and ZUT
Which ETF has performed better year to date: XID or ZUT?
As of November 11, 2026, XID has returned -2.66% year to date, while ZUT has returned 23.02%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: XID or ZUT?
As of November 11, 2026, XID manages $127.18 M in assets, while ZUT manages $895.68 M. ZUT is the larger fund by AUM.
How are XID and ZUT managed?
XID is passively managed by iShares. It tracks the NSE Nifty 50 Index - INR benchmark. ZUT is passively managed by BMO. It tracks the Solactive Equal Weight Canada Utilities Total Return Index - CAD benchmark.
Which ETF is more diversified: XID or ZUT?
XID holds 1 securities, while ZUT holds 12. On holdings count, ZUT is the more diversified portfolio.
Which ETF is attracting more investor flows: XID or ZUT?
Year to date, XID has seen +$0.70 M in net flows, compared with -$84.86 M for ZUT. XID has attracted more net investor money so far.
How do the fees of XID and ZUT compare?
XID has an expense ratio of 0.75%, while ZUT has an expense ratio of 0.61%.
What sectors do XID and ZUT emphasize?
XID is most exposed to Finance, Energy, and Consumer Cyclicals. ZUT is most exposed to Utilities, Energy, and Industrials.
Recent articles about XID 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.