VS
BMO Canadian Core Plus US Balanced ETF (ZBCB) and BMO Equal Weight Utilities Index ETF (ZUT) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZBCB focuses its top 3 sector exposures on Financials, Municipal, and Information Technology, while ZUT leans towards Utilities. When evaluating costs, ZBCB features a management fee (MER) of 0.45%, compared to 0.55% for ZUT. Performance-wise, ZBCB has returned 4.76% year-to-date with +$2 M in net flows, whereas ZUT is at 15.78% with -$62 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
ZBCB
ZUT
| AuM | $8.71 M | $875.01 M |
| Management Fees | 0.45% | 0.55% |
| Exp. ratio | 0.45% | 0.61% |
| Tracking Difference | - | -0.85% |
Historical performance and flows
As of May 8, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZBCB | +2.50% | +3.73% | +4.76% | - | - |
ZUT | -1.94% | +10.98% | +15.78% | +28.82% | +38.18% | |
| Flows | ZBCB | +$0 M | +$2 M | +$2 M | - | - |
ZUT | +$25 M | -$33 M | -$62 M | +$134 M | +$311 M |
ZBCB vs ZUT exposure
Countries
ZBCB
Canada
60.08%
USA
37.89%
ZUT
Canada
85.16%
Bermuda
14.84%
Sectors
ZBCB
Financials
13.73%
Municipal
13.07%
Other
11.16%
Information Technology
9.54%
Energy
7.18%
Other
45.33%
ZUT
Utilities
100.00%
As of May 8, 2026
Top 10 Holdings
ZBCB
ROYAL BK CANADA
3.43%
ALPHABET INC-CL
2.75%
APPLE
2.58%
BK OF AMERICA CO
2.20%
AGNICO EAGLE MINES LTD
2.12%
SUNCOR ENERGY
2.06%
TORONTO DOMINION
1.96%
ENBRIDGE
1.95%
AMAZON.COM INC
1.80%
BERKSHIRE HATHWAY
1.79%
ZUT
BORALEX
9.91%
NORTHLAND POWER
7.97%
BROOKFIELD RENEWABLE PARTNERS
7.84%
CAPITAL POWER
7.84%
ALTAGAS
7.70%
ATCO
7.53%
ALGONQUIN POWER
7.52%
TRANSALTA
7.49%
EMERA
7.42%
CANADIAN UTILITIES
7.38%
Diversification
ZBCB
Total weight of top 10 holdings out of 14,995 total
22.64%
ZUT
Total weight of top 10 holdings out of 13 total
78.61%
Characteristics
Compare
ZBCB
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 | Equity, Fixed Income | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | - | 2.90% |
| Meets ESG criteria | No | No |
| Inception Date | May 21, 2025 | January 19, 2010 |
Frequently asked questions about ZBCB and ZUT
Which ETF has performed better year to date: ZBCB or ZUT?
As of May 8, 2026, ZBCB has returned 4.76% year to date, while ZUT has returned 15.78%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: ZBCB or ZUT?
As of May 8, 2026, ZBCB manages $8.71 M in assets, while ZUT manages $875.01 M. ZUT is the larger fund by AUM.
How are ZBCB and ZUT managed?
ZBCB 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 ZBCB and ZUT emphasize?
ZBCB is most exposed to Financials, Municipal, and Information Technology. ZUT is most exposed to Utilities.
Which ETF is attracting more investor flows: ZBCB or ZUT?
Year to date, ZBCB has seen +$1.66 M in net flows, compared with -$61.61 M for ZUT. ZBCB has attracted more net investor money so far.
How do the fees of ZBCB and ZUT compare?
ZBCB has an expense ratio of 0.45%, while ZUT has an expense ratio of 0.61%.
What are the top holdings of ZBCB and ZUT?
ZBCB's largest holdings include ROYAL BK CANADA and ALPHABET INC-CL. ZUT's top holdings include BORALEX, NORTHLAND POWER, and BROOKFIELD RENEWABLE PARTNERS.
Which ETF is more diversified: ZBCB or ZUT?
ZBCB holds 5581 securities, while ZUT holds 13. On holdings count, ZBCB is the more diversified portfolio.
Recent articles about ZBCB 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.