VS
Compare BMO Equal Weight Utilities Index ETF (ZUT) vs iShares Core S&P/TSX Capped Composite Index ETF (XIC) to find the best fit for your portfolio. ZUT provides Utilities exposures, while XIC is primarily weighted in Financials, Materials, and Energy. When evaluating costs, ZUT features a management fee (MER) of 0.55%, compared to 0.05% for XIC. Performance-wise, ZUT has returned 17.29% year-to-date with -$87 M in net flows, whereas XIC is at 5.23% with +$4 B. 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
ZUT
XIC
| AuM | $863.56 M | $27,069.73 M |
| Management Fees | 0.55% | 0.05% |
| Exp. ratio | 0.61% | 0.06% |
| Tracking Difference | -0.74% | -0.09% |
Historical performance and flows
As of April 6, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZUT | +7.59% | +16.38% | +17.29% | +41.42% | +41.26% |
XIC | +0.53% | +2.95% | +5.23% | +48.63% | +78.76% | |
| Flows | ZUT | -$4 M | -$85 M | -$87 M | +$76 M | +$227 M |
XIC | +$1,285 M | +$4,112 M | +$4,071 M | +$6,540 M | +$9,935 M |
ZUT vs XIC exposure
Countries
ZUT
Canada
82.74%
Bermuda
17.26%
XIC
Canada
99.06%
Sectors
ZUT
Utilities
100.00%
XIC
Financials
27.79%
Materials
18.28%
Energy
16.04%
Other
13.24%
Other
24.66%
As of April 6, 2026
Top 10 Holdings
ZUT
BROOKFIELD INFRASTRUCTURE PARTNERS LP UNIT
8.73%
ATCO
8.70%
BROOKFIELD RENEWABLE PARTNERS
8.53%
CANADIAN UTILITIES
8.28%
ALGONQUIN POWER
8.23%
HYDRO ONE
7.94%
FORTIS
7.66%
ALTAGAS
7.40%
EMERA
7.26%
CAPITAL POWER
7.12%
XIC
ROYAL BK CANADA
6.50%
TORONTO DOMINION
4.58%
SHOPIFY SUBORDINATE VOTING
4.09%
AGNICO EAGLE MINES LTD
3.50%
ENBRIDGE
3.21%
BANK OF MONTREAL
2.84%
CA11271J1075
2.63%
CDN IMPERIAL BK
2.60%
BNS
2.60%
CDN NATURAL RESOURCE
2.53%
Diversification
ZUT
Total weight of top 10 holdings out of 13 total
79.85%
XIC
Total weight of top 10 holdings out of 217 total
35.08%
Characteristics
Compare
ZUT
XIC
| Provider | BMO | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive Equal Weight Canada Utilities Total Return Index - CAD | S&P/TSX Capped Composite Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.88% | 2.13% |
| Meets ESG criteria | No | No |
| Inception Date | January 19, 2010 | February 16, 2001 |
Frequently asked questions about ZUT and XIC
Which ETF has performed better year to date: ZUT or XIC?
As of April 6, 2026, ZUT has returned 17.29% year to date, while XIC has returned 5.23%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: ZUT or XIC?
As of April 6, 2026, ZUT manages $863.56 M in assets, while XIC manages $27.07 B. XIC is the larger fund by AUM.
How are ZUT and XIC managed?
ZUT is passively managed by BMO. It tracks the Solactive Equal Weight Canada Utilities Total Return Index - CAD benchmark. XIC is passively managed by iShares. It tracks the S&P/TSX Capped Composite Total Return Index - CAD benchmark.
What sectors do ZUT and XIC emphasize?
ZUT is most exposed to Utilities. XIC is most exposed to Financials, Materials, and Energy.
Which ETF is attracting more investor flows: ZUT or XIC?
Year to date, ZUT has seen -$86.71 M in net flows, compared with +$4,071.17 M for XIC. XIC has attracted more net investor money so far.
How do the fees of ZUT and XIC compare?
ZUT has an expense ratio of 0.61%, while XIC has an expense ratio of 0.06%.
What are the top holdings of ZUT and XIC?
ZUT's largest holdings include BROOKFIELD INFRASTRUCTURE PARTNERS LP UNIT, ATCO, and BROOKFIELD RENEWABLE PARTNERS. XIC's top holdings include ROYAL BK CANADA and TORONTO DOMINION.
Which ETF is more diversified: ZUT or XIC?
ZUT holds 13 securities, while XIC holds 193. On holdings count, XIC is the more diversified portfolio.
Recent articles about ZUT and XIC
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Posted on 1/11/2023 by Tony Dong inETFs
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