VS
iShares 0-5 Year TIPS Bond Index ETF (XSTH) and BMO Equal Weight Utilities Index ETF (ZUT) offer distinct profiles for Canadian ETF investors. A direct comparison shows that XSTH focuses its top 3 sector exposures on Sovereign and Non-Corporate, while ZUT leans towards Utilities, Energy, and Industrials. When evaluating costs, XSTH features a management fee (MER) of 0.15%, compared to 0.55% for ZUT. Performance-wise, XSTH has returned 0.87% year-to-date with +$2 B in net flows, whereas ZUT is at 22.25% with -$127 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
XSTH
ZUT
| AuM | $2,463.83 M | $853.07 M |
| Management Fees | 0.15% | 0.55% |
| Exp. ratio | 0.12% | 0.61% |
| Tracking Difference | -0.07% | -0.85% |
Historical performance and flows
As of July 20, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XSTH | +0.40% | -0.10% | +0.87% | +1.44% | +11.55% |
ZUT | +1.08% | +6.43% | +22.25% | +25.92% | +52.94% | |
| Flows | XSTH | +$88 M | +$179 M | +$1,976 M | +$2,270 M | +$2,399 M |
ZUT | -$5 M | -$67 M | -$127 M | -$50 M | +$186 M |
XSTH vs ZUT exposure
Countries
XSTH
USA
82.90%
Other
17.10%
ZUT
Canada
84.68%
Bermuda
15.32%
Sectors
XSTH
Sovereign
82.90%
Other
17.10%
ZUT
Utilities
85.04%
Energy
7.95%
Industrials
7.01%
As of July 20, 2026
Top 10 Holdings
XSTH
US91282CPH87
5.34%
US91282CQP94
5.30%
US91282CNB36
5.26%
USA, TIPS 1.625% 15oct2029, USD (AE-2029)
5.15%
USA, TIPS 2.125% 15apr2029, USD (X-2029)
4.97%
USA, TIPS 2.375% 15oct2028, USD (AE-2028)
4.94%
USA, TIPS 1.625% 15oct2027, USD (AE-2027)
4.79%
USA, TIPS 0.125% 15apr2027, USD (X-2027)
4.69%
USA, TIPS 1.25% 15apr2028, USD (X-2028)
4.66%
USA, TIPS 0.125% 15oct2026, USD (AE-2026)
4.65%
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
XSTH
Total weight of top 10 holdings out of 26 total
49.75%
ZUT
Total weight of top 10 holdings out of 13 total
79.05%
Characteristics
Compare
XSTH
ZUT
| Provider | iShares | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | Bloomberg U.S. Treasury TIPS 0-5 Years - CAD Hedged | 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 | 4.42% | 2.72% |
| Meets ESG criteria | No | No |
| Inception Date | July 12, 2021 | January 19, 2010 |
Frequently asked questions about XSTH and ZUT
Which ETF has performed better year to date: XSTH or ZUT?
As of July 20, 2026, XSTH has returned 0.87% year to date, while ZUT has returned 22.25%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: XSTH or ZUT?
As of July 20, 2026, XSTH manages $2.46 B in assets, while ZUT manages $853.07 M. XSTH is the larger fund by AUM.
How are XSTH and ZUT managed?
XSTH is passively managed by iShares. It tracks the Bloomberg U.S. Treasury TIPS 0-5 Years - CAD Hedged benchmark. ZUT is passively managed by BMO. It tracks the Solactive Equal Weight Canada Utilities Total Return Index - CAD benchmark.
What sectors do XSTH and ZUT emphasize?
XSTH is most exposed to Sovereign and Non-Corporate. ZUT is most exposed to Utilities, Energy, and Industrials.
Which ETF is attracting more investor flows: XSTH or ZUT?
Year to date, XSTH has seen +$1,976.05 M in net flows, compared with -$127.21 M for ZUT. XSTH has attracted more net investor money so far.
How do the fees of XSTH and ZUT compare?
XSTH has an expense ratio of 0.12%, while ZUT has an expense ratio of 0.61%.
What are the top holdings of XSTH and ZUT?
XSTH's largest holdings include USA, TIPS 1.625% 15oct2029, USD (AE-2029) and USA, TIPS 2.125% 15apr2029, USD (X-2029). ZUT's top holdings include Boralex, Inc., Capital Power Corp., and Brookfield Renewable Partners LP.
Which ETF is more diversified: XSTH or ZUT?
XSTH holds 24 securities, while ZUT holds 13. On holdings count, XSTH is the more diversified portfolio.
Recent articles about XSTH 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.

