VS
iShares 1-5 Year U.S. IG Corporate Bond Index ETF (XSHU) and BMO Equal Weight Utilities Index ETF (ZUT) offer distinct profiles for Canadian ETF investors. A direct comparison shows that XSHU focuses its top 3 sector exposures on Banks, Power, and Insurance and reinsurance, while ZUT leans towards Utilities, Energy, and Industrials. When evaluating costs, XSHU features a management fee (MER) of 0.15%, compared to 0.55% for ZUT. Performance-wise, XSHU has returned 2.73% year-to-date with -$18 M in net flows, whereas ZUT is at 22.01% with -$126 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
XSHU
ZUT
| AuM | $20.11 M | $852.91 M |
| Management Fees | 0.15% | 0.55% |
| Exp. ratio | 0.16% | 0.61% |
| Tracking Difference | - | -0.85% |
Historical performance and flows
As of July 17, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XSHU | +0.31% | +2.64% | +2.73% | +5.30% | +23.85% |
ZUT | +1.71% | +5.71% | +22.01% | +27.22% | +54.59% | |
| Flows | XSHU | +$2 M | -$3 M | -$18 M | -$15 M | +$18 M |
ZUT | -$60 M | -$66 M | -$126 M | -$42 M | +$188 M |
XSHU vs ZUT exposure
Countries
XSHU
USA
55.02%
Other
24.11%
Other
20.87%
ZUT
Canada
83.77%
Bermuda
16.23%
Sectors
XSHU
Other
24.11%
Banks
18.29%
Other
57.60%
ZUT
Utilities
84.34%
Energy
8.20%
Industrials
7.46%
As of July 17, 2026
Top 10 Holdings
XSHU
US26951TAA88
0.31%
T-Mobile USA, 3.875% 15apr2030, USD
0.18%
Bank of America Corporation, 3.419% 20dec2028, USD
0.16%
AbbVie, 3.2% 21nov2029, USD
0.14%
US023135DD51
0.13%
CVS Health, 4.3% 25mar2028, USD
0.13%
MARS, 4.8% 1mar2030, USD
0.12%
Boeing, 5.15% 1may2030, USD
0.12%
US38145GAR11
0.12%
Deutsche Telekom, 8.75% 15jun2030, USD
0.11%
ZUT
Boralex, Inc.
9.57%
Brookfield Renewable Partners LP
8.77%
AltaGas Ltd.
8.20%
Capital Power Corp.
8.05%
TransAlta Corp.
7.83%
Northland Power, Inc.
7.73%
Brookfield Infrastructure Partners LP
7.46%
Canadian Utilities Ltd.
7.33%
ATCO Ltd.
7.25%
Emera, Inc.
7.16%
Diversification
XSHU
Total weight of top 10 holdings out of 4,583 total
1.52%
ZUT
Total weight of top 10 holdings out of 13 total
79.35%
Characteristics
Compare
XSHU
ZUT
| Provider | iShares | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | ICE BofA 1-5 Year US Corporate Index 4PM - USD | Solactive Equal Weight Canada Utilities Total Return Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Fixed Income | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 4.13% | 2.72% |
| Meets ESG criteria | No | No |
| Inception Date | July 6, 2021 | January 19, 2010 |
Frequently asked questions about XSHU and ZUT
Which ETF has performed better year to date: XSHU or ZUT?
As of July 17, 2026, XSHU has returned 2.73% year to date, while ZUT has returned 22.01%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: XSHU or ZUT?
As of July 17, 2026, XSHU manages $20.11 M in assets, while ZUT manages $852.91 M. ZUT is the larger fund by AUM.
How are XSHU and ZUT managed?
XSHU is passively managed by iShares. It tracks the ICE BofA 1-5 Year US Corporate Index 4PM - USD benchmark. ZUT is passively managed by BMO. It tracks the Solactive Equal Weight Canada Utilities Total Return Index - CAD benchmark.
What sectors do XSHU and ZUT emphasize?
XSHU is most exposed to Banks, Power, and Insurance and reinsurance. ZUT is most exposed to Utilities, Energy, and Industrials.
Which ETF is attracting more investor flows: XSHU or ZUT?
Year to date, XSHU has seen -$17.69 M in net flows, compared with -$125.69 M for ZUT. XSHU has attracted more net investor money so far.
How do the fees of XSHU and ZUT compare?
XSHU has an expense ratio of 0.16%, while ZUT has an expense ratio of 0.61%.
What are the top holdings of XSHU and ZUT?
XSHU's largest holdings include T-Mobile USA, 3.875% 15apr2030, USD and Bank of America Corporation, 3.419% 20dec2028, USD. ZUT's top holdings include Boralex, Inc., Brookfield Renewable Partners LP, and AltaGas Ltd..
Which ETF is more diversified: XSHU or ZUT?
XSHU holds 3507 securities, while ZUT holds 13. On holdings count, XSHU is the more diversified portfolio.
Recent articles about XSHU 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.




