VS
BMO Growth ETF (ZGRO.T) and BMO Equal Weight Utilities Index ETF (ZUT) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZGRO.T focuses its top 3 sector exposures on Information Technology, Financials, and Industrials, while ZUT leans towards Utilities. When evaluating costs, ZGRO.T features a management fee (MER) of 0.2%, compared to 0.55% for ZUT. Performance-wise, ZGRO.T has returned 5.28% year-to-date with +$44 M in net flows, whereas ZUT is at 13.37% with -$60 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
ZGRO.T
ZUT
| AuM | $83.39 M | $860.27 M |
| Management Fees | 0.20% | 0.55% |
| Exp. ratio | 0.20% | 0.61% |
| Tracking Difference | - | -0.74% |
Historical performance and flows
As of April 22, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZGRO.T | +6.32% | +2.47% | +5.28% | +29.21% | +58.00% |
ZUT | +3.69% | +11.93% | +13.37% | +29.72% | +36.17% | |
| Flows | ZGRO.T | +$24 M | +$43 M | +$44 M | +$59 M | +$76 M |
ZUT | +$13 M | -$54 M | -$60 M | +$124 M | +$256 M |
ZGRO.T vs ZUT exposure
Countries
ZGRO.T
USA
43.18%
Canada
34.33%
Other
22.49%
ZUT
Canada
85.16%
Bermuda
14.84%
Sectors
ZGRO.T
Information Technology
16.93%
Financials
14.19%
Industrials
7.86%
Other
7.25%
Sovereign
7.09%
Other
46.68%
ZUT
Utilities
100.00%
As of April 22, 2026
Top 10 Holdings
ZGRO.T
Canada, Bond 0.5 1oct2030 10Y
2.69%
NVIDIA
2.61%
APPLE
2.35%
MICROSOFT-T
1.73%
ROYAL BK CANADA
1.33%
AMAZON.COM INC
1.28%
ALPHABET INC-CL
1.04%
CMHC, 1.9% 15mar2031, CAD (100)
1.01%
TWN SEMICONT MAN
0.95%
TORONTO DOMINION
0.93%
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
ZGRO.T
Total weight of top 10 holdings out of 19,770 total
15.91%
ZUT
Total weight of top 10 holdings out of 13 total
78.61%
Characteristics
Compare
ZGRO.T
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 | 5.31% | 2.98% |
| Meets ESG criteria | No | No |
| Inception Date | January 23, 2023 | January 19, 2010 |
Frequently asked questions about ZGRO.T and ZUT
Which ETF has performed better year to date: ZGRO.T or ZUT?
As of April 22, 2026, ZGRO.T has returned 5.28% year to date, while ZUT has returned 13.37%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: ZGRO.T or ZUT?
As of April 22, 2026, ZGRO.T manages $83.39 M in assets, while ZUT manages $860.27 M. ZUT is the larger fund by AUM.
How are ZGRO.T and ZUT managed?
ZGRO.T 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 ZGRO.T and ZUT emphasize?
ZGRO.T is most exposed to Information Technology, Financials, and Industrials. ZUT is most exposed to Utilities.
Which ETF is attracting more investor flows: ZGRO.T or ZUT?
Year to date, ZGRO.T has seen +$44.43 M in net flows, compared with -$60.16 M for ZUT. ZGRO.T has attracted more net investor money so far.
How do the fees of ZGRO.T and ZUT compare?
ZGRO.T has an expense ratio of 0.20%, while ZUT has an expense ratio of 0.61%.
What are the top holdings of ZGRO.T and ZUT?
ZGRO.T's largest holdings include Canada, Bond 0.5 1oct2030 10Y and NVIDIA. ZUT's top holdings include BORALEX, NORTHLAND POWER, and BROOKFIELD RENEWABLE PARTNERS.
Which ETF is more diversified: ZGRO.T or ZUT?
ZGRO.T holds 10487 securities, while ZUT holds 13. On holdings count, ZGRO.T is the more diversified portfolio.
Recent articles about ZGRO.T and ZUT
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