VS
BMO International Dividend ETF (ZDI) and BMO Equal Weight Utilities Index ETF (ZUT) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZDI focuses its top 3 sector exposures on Finance, Industrials, and Consumer Non-Cyclicals, while ZUT leans towards Utilities, Energy, and Industrials. When evaluating costs, ZDI features a management fee (MER) of 0.4%, compared to 0.55% for ZUT. Performance-wise, ZDI has returned 16.94% year-to-date with +$121 M in net flows, whereas ZUT is at 13.46% with -$98 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
ZDI
ZUT
| AuM | $960.68 M | $816.24 M |
| Management Fees | 0.40% | 0.55% |
| Exp. ratio | 0.44% | 0.61% |
| Tracking Difference | - | -0.80% |
Historical performance and flows
As of September 17, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZDI | +0.09% | +2.99% | +16.94% | +24.51% | +69.32% |
ZUT | -4.33% | -5.42% | +13.46% | +19.30% | +47.99% | |
| Flows | ZDI | +$36 M | +$68 M | +$121 M | +$155 M | +$264 M |
ZUT | +$14 M | -$32 M | -$98 M | -$105 M | +$220 M |
ZDI vs ZUT exposure
Countries
ZDI
Japan
20.47%
France
14.37%
United Kingdom
14.03%
Netherlands
7.60%
Switzerland
7.54%
Other
35.99%
ZUT
Canada
84.41%
Bermuda
15.59%
Sectors
ZDI
Finance
31.23%
Industrials
13.19%
Consumer Non-Cyclicals
8.96%
Healthcare
7.89%
Technology
7.06%
Other
31.67%
ZUT
Utilities
83.73%
Energy
8.32%
Industrials
7.95%
As of September 17, 2026
Top 10 Holdings
ZDI
ASML Holding NV
3.15%
HSBC Holdings Plc
2.85%
Intesa Sanpaolo SpA
2.53%
Roche Holding AG
2.42%
TotalEnergies SE
2.26%
DBS Group Holdings Ltd.
2.26%
Enel SpA
2.10%
Shell Plc
2.06%
Siemens AG
2.02%
Imperial Brands Plc
1.98%
ZUT
Boralex, Inc.
9.47%
ATCO Ltd.
8.45%
AltaGas Ltd.
8.32%
Canadian Utilities Ltd.
8.09%
Brookfield Infrastructure Partners LP
7.95%
Capital Power Corp.
7.68%
Brookfield Renewable Partners LP
7.64%
Emera, Inc.
7.35%
TransAlta Corp.
7.18%
Northland Power, Inc.
7.08%
Diversification
ZDI
Total weight of top 10 holdings out of 108 total
23.64%
ZUT
Total weight of top 10 holdings out of 13 total
79.21%
Characteristics
Compare
ZDI
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 | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.97% | 2.91% |
| Meets ESG criteria | No | No |
| Inception Date | November 12, 2014 | January 19, 2010 |
Frequently asked questions about ZDI and ZUT
Which ETF has performed better year to date: ZDI or ZUT?
As of September 17, 2026, ZDI has returned 16.94% year to date, while ZUT has returned 13.46%. ZDI is ahead on YTD performance.
Which ETF is larger by assets under management: ZDI or ZUT?
As of September 17, 2026, ZDI manages $960.68 M in assets, while ZUT manages $816.24 M. ZDI is the larger fund by AUM.
How are ZDI and ZUT managed?
ZDI 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 ZDI and ZUT emphasize?
ZDI is most exposed to Finance, Industrials, and Consumer Non-Cyclicals. ZUT is most exposed to Utilities, Energy, and Industrials.
Which ETF is attracting more investor flows: ZDI or ZUT?
Year to date, ZDI has seen +$121.16 M in net flows, compared with -$97.69 M for ZUT. ZDI has attracted more net investor money so far.
How do the fees of ZDI and ZUT compare?
ZDI has an expense ratio of 0.44%, while ZUT has an expense ratio of 0.61%.
What are the top holdings of ZDI and ZUT?
ZDI's largest holdings include Roche Holding AG, ASML Holding NV, and HSBC Holdings Plc. ZUT's top holdings include Boralex, Inc., ATCO Ltd., and AltaGas Ltd..
Which ETF is more diversified: ZDI or ZUT?
ZDI holds 107 securities, while ZUT holds 13. On holdings count, ZDI is the more diversified portfolio.
Recent articles about ZDI and ZUT
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