BMO BBB CLO ETF (ZBBZ) and BMO Equal Weight Utilities Index ETF (ZUT) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZBBZ focuses its top 3 sector exposures on Other sectors and Non-Corporate, while ZUT leans towards Utilities, Energy, and Industrials. When evaluating costs, ZBBZ features a management fee (MER) of 0.45%, compared to 0.55% for ZUT. Performance-wise, ZBBZ has returned 4.41% year-to-date with -$1 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
ZBBZ
ZUT
| AuM | $6.74 M | $852.91 M |
| Management Fees | 0.45% | 0.55% |
| Exp. ratio | 0.45% | 0.61% |
| Tracking Difference | - | -0.85% |
Historical performance and flows
As of July 17, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZBBZ | -0.06% | +4.45% | +4.41% | - | - |
ZUT | +1.71% | +5.71% | +22.01% | +27.22% | +54.59% | |
| Flows | ZBBZ | +$3 M | +$2 M | -$1 M | - | - |
ZUT | -$60 M | -$66 M | -$126 M | -$42 M | +$188 M |
ZBBZ vs ZUT exposure
Countries
ZBBZ
Other
98.34%
ZUT
Canada
83.77%
Bermuda
16.23%
Sectors
ZBBZ
Other
98.34%
ZUT
Utilities
84.34%
Energy
8.20%
Industrials
7.46%
As of July 17, 2026
Top 10 Holdings
ZBBZ
US75009PAU12
4.48%
US17181DAJ54
4.41%
US28623RBU14
4.39%
US565923BL26
3.73%
US749979AU45
3.67%
US03330RAS40
3.36%
US09630MAU45
3.00%
US26246GAU76
2.99%
US03332QBC87
2.99%
US22823RBE80
2.99%
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
ZBBZ
Total weight of top 10 holdings out of 99 total
36.00%
ZUT
Total weight of top 10 holdings out of 13 total
79.35%
Characteristics
Compare
ZBBZ
ZUT
| Provider | BMO | BMO |
| Management | Actively managed | Passively managed |
| Benchmark | - | 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 | - | 2.72% |
| Meets ESG criteria | No | No |
| Inception Date | September 9, 2025 | January 19, 2010 |
Frequently asked questions about ZBBZ and ZUT
Which ETF has performed better year to date: ZBBZ or ZUT?
As of July 17, 2026, ZBBZ has returned 4.41% year to date, while ZUT has returned 22.01%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: ZBBZ or ZUT?
As of July 17, 2026, ZBBZ manages $6.74 M in assets, while ZUT manages $852.91 M. ZUT is the larger fund by AUM.
How are ZBBZ and ZUT managed?
ZBBZ is actively managed by BMO. 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 ZBBZ and ZUT emphasize?
ZBBZ is most exposed to Other sectors and Non-Corporate. ZUT is most exposed to Utilities, Energy, and Industrials.
Which ETF is attracting more investor flows: ZBBZ or ZUT?
Year to date, ZBBZ has seen -$0.64 M in net flows, compared with -$125.69 M for ZUT. ZBBZ has attracted more net investor money so far.
How do the fees of ZBBZ and ZUT compare?
ZBBZ has an expense ratio of 0.45%, while ZUT has an expense ratio of 0.61%.
What are the top holdings of ZBBZ and ZUT?
ZBBZ's largest holdings include Owl Rock CLO 2020-5A, FRN 20apr2034, USD (ABS, C1) and BlackRock Cash Funds - Treasury. ZUT's top holdings include Boralex, Inc., Brookfield Renewable Partners LP, and AltaGas Ltd..
Which ETF is more diversified: ZBBZ or ZUT?
ZBBZ holds 3 securities, while ZUT holds 13. On holdings count, ZUT is the more diversified portfolio.
Recent articles about ZBBZ and ZUT
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