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BMO Laddered Preferred Share Index ETF (ZPR) and BMO Equal Weight Utilities Index ETF (ZUT) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZPR focuses its top 3 sector exposures on Financials, Energy, and Utilities, while ZUT leans towards Utilities. When evaluating costs, ZPR features a management fee (MER) of 0.45%, compared to 0.55% for ZUT. Performance-wise, ZPR has returned 4.85% year-to-date with -$12 M in net flows, whereas ZUT is at 15.32% 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
ZPR
ZUT
| AuM | $1,549.93 M | $873.00 M |
| Management Fees | 0.45% | 0.55% |
| Exp. ratio | 0.50% | 0.61% |
| Tracking Difference | -0.80% | -0.85% |
Historical performance and flows
As of May 1, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZPR | +2.89% | +4.20% | +4.85% | +24.62% | +66.77% |
ZUT | -0.63% | +12.47% | +15.32% | +28.73% | +38.60% | |
| Flows | ZPR | +$12 M | +$32 M | -$12 M | +$17 M | -$457 M |
ZUT | +$25 M | -$37 M | -$60 M | +$129 M | +$254 M |
ZPR vs ZUT exposure
Countries
ZPR
Canada
98.25%
ZUT
Canada
85.16%
Bermuda
14.84%
Sectors
ZPR
Financials
25.82%
Energy
24.03%
Utilities
17.98%
Other
16.96%
Communication Services
9.60%
ZUT
Utilities
100.00%
As of May 1, 2026
Top 10 Holdings
ZPR
BCE CUM RED FST SRS AK PRF
2.41%
ENBRIDGE INC
1.88%
NATIONAL BANK OF CANADA
1.69%
CA11271J6850
1.54%
INTACT NON CUM RT RES CL A SRS 3 PRF
1.49%
TORONTO-DOMINION BANK PRF
1.48%
TC ENERGY CORP CUM RED FIRST SR 5 PRF
1.48%
FORTIS INC CUM RED FXD PRF M
1.45%
TC ENERGY CORP PRF
1.43%
POWER FI 4.40% NON CUM 5 YR SR P PRF
1.42%
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
ZPR
Total weight of top 10 holdings out of 118 total
16.28%
ZUT
Total weight of top 10 holdings out of 13 total
78.61%
Characteristics
Compare
ZPR
ZUT
| Provider | BMO | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive Laddered Canadian Preferred Share Total Return 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 | 5.03% | 2.91% |
| Meets ESG criteria | No | No |
| Inception Date | November 14, 2012 | January 19, 2010 |
Frequently asked questions about ZPR and ZUT
Which ETF has performed better year to date: ZPR or ZUT?
As of May 1, 2026, ZPR has returned 4.85% year to date, while ZUT has returned 15.32%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: ZPR or ZUT?
As of May 1, 2026, ZPR manages $1.55 B in assets, while ZUT manages $873.00 M. ZPR is the larger fund by AUM.
How are ZPR and ZUT managed?
ZPR is passively managed by BMO. It tracks the Solactive Laddered Canadian Preferred Share Total Return 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 ZPR and ZUT emphasize?
ZPR is most exposed to Financials, Energy, and Utilities. ZUT is most exposed to Utilities.
Which ETF is attracting more investor flows: ZPR or ZUT?
Year to date, ZPR has seen -$12.20 M in net flows, compared with -$60.16 M for ZUT. ZPR has attracted more net investor money so far.
How do the fees of ZPR and ZUT compare?
ZPR has an expense ratio of 0.50%, while ZUT has an expense ratio of 0.61%.
What are the top holdings of ZPR and ZUT?
ZPR's largest holdings include BROOKFIELD OFFICE PROPERTIES INC PRF and TC ENERGY CORP PRF. ZUT's top holdings include BORALEX, NORTHLAND POWER, and BROOKFIELD RENEWABLE PARTNERS.
Which ETF is more diversified: ZPR or ZUT?
ZPR holds 96 securities, while ZUT holds 13. On holdings count, ZPR is the more diversified portfolio.
Recent articles about ZPR and ZUT
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