VS
When evaluating costs, ZUCM features a management fee (MER) of 0.14%, compared to 0.55% for ZUT. Performance-wise, ZUCM has returned 4.02% year-to-date with -$241 M in net flows, whereas ZUT is at 22.01% with -$126 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
ZUCM
ZUT
| AuM | $48.71 M | $852.91 M |
| Management Fees | 0.14% | 0.55% |
| Exp. ratio | 0.14% | 0.61% |
| Tracking Difference | - | -0.85% |
Historical performance and flows
As of July 17, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZUCM | -0.43% | +3.21% | +4.02% | +5.78% | - |
ZUT | +1.71% | +5.71% | +22.01% | +27.22% | +54.59% | |
| Flows | ZUCM | +$2 M | +$2 M | -$241 M | +$19 M | - |
ZUT | -$60 M | -$66 M | -$126 M | -$42 M | +$188 M |
ZUCM vs ZUT exposure
Countries
ZUCM
Other
100.00%
ZUT
Canada
83.77%
Bermuda
16.23%
Sectors
ZUCM
Other
100.00%
ZUT
Utilities
84.34%
Energy
8.20%
Industrials
7.46%
As of July 17, 2026
Top 10 Holdings
ZUCM
US912797UT22
30.49%
US912797US49
21.28%
US912797UK13
20.90%
US912797SA68
9.97%
US912797UD79
7.60%
US912797UX34
3.32%
US912797UL95
3.22%
US912797UG01
1.48%
US912797UH83
1.06%
US912797UE52
0.59%
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
ZUCM
Total weight of top 10 holdings out of 11 total
99.90%
ZUT
Total weight of top 10 holdings out of 13 total
79.35%
Characteristics
Compare
ZUCM
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 | 3.72% | 2.72% |
| Meets ESG criteria | No | No |
| Inception Date | October 2, 2023 | January 19, 2010 |
Frequently asked questions about ZUCM and ZUT
Which ETF has performed better year to date: ZUCM or ZUT?
As of July 17, 2026, ZUCM has returned 4.02% year to date, while ZUT has returned 22.01%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: ZUCM or ZUT?
As of July 17, 2026, ZUCM manages $48.71 M in assets, while ZUT manages $852.91 M. ZUT is the larger fund by AUM.
How are ZUCM and ZUT managed?
ZUCM 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.
Which ETF is attracting more investor flows: ZUCM or ZUT?
Year to date, ZUCM has seen -$240.56 M in net flows, compared with -$125.69 M for ZUT. ZUT has attracted more net investor money so far.
How do the fees of ZUCM and ZUT compare?
ZUCM has an expense ratio of 0.14%, while ZUT has an expense ratio of 0.61%.
Which ETF is more diversified: ZUCM or ZUT?
ZUCM holds 1 securities, while ZUT holds 13. On holdings count, ZUT is the more diversified portfolio.
Recent articles about ZUCM and ZUT
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