VS
BMO Core Plus Bond Fund ETF (ZCPB) and BMO Equal Weight Utilities Index ETF (ZUT) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZCPB focuses its top 3 sector exposures on Municipal, Sovereign, and Banks, while ZUT leans towards Utilities. When evaluating costs, ZCPB features a management fee (MER) of 0.5%, compared to 0.55% for ZUT. Performance-wise, ZCPB has returned 2.1% year-to-date with +$499 M in net flows, whereas ZUT is at 20.15% with -$123 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
ZCPB
ZUT
| AuM | $2,907.16 M | $844.73 M |
| Management Fees | 0.50% | 0.55% |
| Exp. ratio | 0.56% | 0.61% |
| Tracking Difference | - | -0.90% |
Historical performance and flows
As of June 19, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZCPB | +2.17% | +1.82% | +2.10% | +4.11% | +15.22% |
ZUT | +3.37% | +8.11% | +20.15% | +28.32% | +51.67% | |
| Flows | ZCPB | +$189 M | +$352 M | +$499 M | +$776 M | +$1,580 M |
ZUT | -$58 M | -$42 M | -$123 M | +$24 M | +$184 M |
ZCPB vs ZUT exposure
Countries
ZCPB
Canada
90.94%
Other
9.06%
ZUT
Canada
85.23%
Bermuda
14.77%
Sectors
ZCPB
Other
30.25%
Municipal
21.42%
Sovereign
15.16%
Banks
8.20%
Other
24.97%
ZUT
Utilities
100.00%
As of June 19, 2026
Top 10 Holdings
ZCPB
Canada, Bonds 3.25% 1jun2035, CAD
5.35%
Province of Ontario, 3.6% 2jun2035, CAD
2.21%
Canada, Bonds 2.75% 1dec2055, CAD
1.86%
Canada, Bonds 3.5% 1dec2057, CAD
1.70%
Province of Quebec, 3.25% 1sep2032, CAD (B131)
1.58%
US91282CPZ85
1.54%
Province of Quebec, 3.5% 1dec2045, CAD (B112)
1.28%
Canada, Bonds 2.5% 1dec2032, CAD
1.23%
CA68333ZBN65
1.00%
Province of Ontario, 3.8% 2dec2034, CAD (DMTN266)
0.97%
ZUT
BORALEX
10.04%
NORTHLAND POWER
8.09%
ALTAGAS
8.08%
BROOKFIELD RENEWABLE PARTNERS
7.87%
ATCO
7.62%
CAPITAL POWER
7.57%
EMERA
7.48%
ALGONQUIN POWER
7.47%
CANADIAN UTILITIES
7.43%
FORTIS
7.23%
Diversification
ZCPB
Total weight of top 10 holdings out of 515 total
18.72%
ZUT
Total weight of top 10 holdings out of 13 total
78.87%
Characteristics
Compare
ZCPB
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 | 2.82% | 2.77% |
| Meets ESG criteria | No | No |
| Inception Date | May 29, 2018 | January 19, 2010 |
Frequently asked questions about ZCPB and ZUT
Which ETF has performed better year to date: ZCPB or ZUT?
As of June 19, 2026, ZCPB has returned 2.10% year to date, while ZUT has returned 20.15%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: ZCPB or ZUT?
As of June 19, 2026, ZCPB manages $2.91 B in assets, while ZUT manages $844.73 M. ZCPB is the larger fund by AUM.
How are ZCPB and ZUT managed?
ZCPB 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 ZCPB and ZUT emphasize?
ZCPB is most exposed to Municipal, Sovereign, and Banks. ZUT is most exposed to Utilities.
Which ETF is attracting more investor flows: ZCPB or ZUT?
Year to date, ZCPB has seen +$498.70 M in net flows, compared with -$122.59 M for ZUT. ZCPB has attracted more net investor money so far.
How do the fees of ZCPB and ZUT compare?
ZCPB has an expense ratio of 0.56%, while ZUT has an expense ratio of 0.61%.
What are the top holdings of ZCPB and ZUT?
ZCPB's largest holdings include Canada, Bonds 3.25% 1jun2035, CAD and Province of Ontario, 3.6% 2jun2035, CAD. ZUT's top holdings include BORALEX, NORTHLAND POWER, and ALTAGAS.
Which ETF is more diversified: ZCPB or ZUT?
ZCPB holds 337 securities, while ZUT holds 13. On holdings count, ZCPB is the more diversified portfolio.
Recent articles about ZCPB and ZUT
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