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Compare BMO MSCI EAFE High Quality Index ETF (ZIQ) vs BMO Equal Weight Utilities Index ETF (ZUT) to find the best fit for your portfolio. ZIQ provides Technology, Healthcare, and Industrials exposures, while ZUT is primarily weighted in Utilities, Energy, and Industrials. When evaluating costs, ZIQ features a management fee (MER) of 0.4%, compared to 0.55% for ZUT. Performance-wise, ZIQ has returned 9.57% year-to-date with -$15 M in net flows, whereas ZUT is at 22.25% with -$127 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
ZIQ
ZUT
| AuM | $48.64 M | $853.07 M |
| Management Fees | 0.40% | 0.55% |
| Exp. ratio | 0.40% | 0.61% |
| Tracking Difference | -0.67% | -0.85% |
Historical performance and flows
As of July 20, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZIQ | -1.12% | +3.41% | +9.57% | +18.21% | - |
ZUT | +1.08% | +6.43% | +22.25% | +25.92% | +52.94% | |
| Flows | ZIQ | -$12 M | -$38 M | -$15 M | -$192 M | - |
ZUT | -$5 M | -$67 M | -$127 M | -$50 M | +$186 M |
ZIQ vs ZUT exposure
Countries
ZIQ
Switzerland
20.39%
Japan
17.89%
United Kingdom
15.75%
Netherlands
9.68%
France
7.98%
Germany
7.12%
Other
21.20%
ZUT
Canada
83.77%
Bermuda
16.23%
Sectors
ZIQ
Technology
22.11%
Healthcare
21.46%
Industrials
14.66%
Consumer Non-Cyclicals
10.64%
Finance
10.61%
Non-Energy Materials
9.54%
Other
10.98%
ZUT
Utilities
84.34%
Energy
8.20%
Industrials
7.46%
As of July 20, 2026
Top 10 Holdings
ZIQ
ASML Holding NV
7.28%
Novartis AG
4.43%
Roche Holding AG
4.40%
AstraZeneca PLC
4.02%
Nestlé SA
3.31%
BHP Group Ltd.
2.44%
Novo Nordisk A/S
2.28%
ABB Ltd.
2.26%
Tokyo Electron Ltd.
2.07%
Advantest Corp.
2.04%
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
ZIQ
Total weight of top 10 holdings out of 219 total
34.54%
ZUT
Total weight of top 10 holdings out of 13 total
79.35%
Characteristics
Compare
ZIQ
ZUT
| Provider | BMO | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | MSCI EAFE Quality NTR Index - CAD | Solactive Equal Weight Canada Utilities Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.49% | 2.72% |
| Meets ESG criteria | No | No |
| Inception Date | October 23, 2024 | January 19, 2010 |
Frequently asked questions about ZIQ and ZUT
Which ETF has performed better year to date: ZIQ or ZUT?
As of July 20, 2026, ZIQ has returned 9.57% year to date, while ZUT has returned 22.25%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: ZIQ or ZUT?
As of July 20, 2026, ZIQ manages $48.64 M in assets, while ZUT manages $853.07 M. ZUT is the larger fund by AUM.
How are ZIQ and ZUT managed?
ZIQ is passively managed by BMO. It tracks the MSCI EAFE Quality NTR Index - CAD benchmark. ZUT is passively managed by BMO. It tracks the Solactive Equal Weight Canada Utilities Total Return Index - CAD benchmark.
What sectors do ZIQ and ZUT emphasize?
ZIQ is most exposed to Technology, Healthcare, and Industrials. ZUT is most exposed to Utilities, Energy, and Industrials.
Which ETF is attracting more investor flows: ZIQ or ZUT?
Year to date, ZIQ has seen -$14.91 M in net flows, compared with -$127.21 M for ZUT. ZIQ has attracted more net investor money so far.
How do the fees of ZIQ and ZUT compare?
ZIQ has an expense ratio of 0.40%, while ZUT has an expense ratio of 0.61%.
What are the top holdings of ZIQ and ZUT?
ZIQ's largest holdings include ASML Holding NV, Roche Holding AG, and Novartis AG. ZUT's top holdings include Boralex, Inc., Brookfield Renewable Partners LP, and AltaGas Ltd..
Which ETF is more diversified: ZIQ or ZUT?
ZIQ holds 213 securities, while ZUT holds 13. On holdings count, ZIQ is the more diversified portfolio.
Recent articles about ZIQ and ZUT
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