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BMO SPDR Real Estate Select Sector Index ETF (ZXLR) and BMO Equal Weight Utilities Index ETF (ZUT) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZXLR focuses its top 3 sector exposures on Finance and Technology, while ZUT leans towards Utilities, Energy, and Industrials. When evaluating costs, ZXLR features a management fee (MER) of 0.21%, compared to 0.55% for ZUT. Performance-wise, ZXLR has returned 16.31% year-to-date with +$2 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
ZXLR
ZUT
| AuM | $3.98 M | $853.07 M |
| Management Fees | 0.21% | 0.55% |
| Exp. ratio | 0.21% | 0.61% |
| Tracking Difference | - | -0.85% |
Historical performance and flows
As of July 20, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZXLR | +0.27% | +5.21% | +16.31% | +13.76% | - |
ZUT | +1.08% | +6.43% | +22.25% | +25.92% | +52.94% | |
| Flows | ZXLR | +$3 M | +$3 M | +$2 M | +$2 M | - |
ZUT | -$5 M | -$67 M | -$127 M | -$50 M | +$186 M |
ZXLR vs ZUT exposure
Countries
ZXLR
USA
99.81%
ZUT
Canada
83.77%
Bermuda
16.23%
Sectors
ZXLR
Finance
98.37%
ZUT
Utilities
84.34%
Energy
8.20%
Industrials
7.46%
As of July 20, 2026
Top 10 Holdings
ZXLR
Welltower, Inc.
9.86%
Prologis, Inc.
9.18%
Equinix, Inc.
7.22%
American Tower Corp.
6.03%
Simon Property Group, Inc.
4.68%
Digital Realty Trust, Inc.
4.56%
Public Storage
4.38%
Ventas, Inc.
4.24%
Crown Castle, Inc.
4.21%
Realty Income Corp.
4.10%
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
ZXLR
Total weight of top 10 holdings out of 31 total
58.47%
ZUT
Total weight of top 10 holdings out of 13 total
79.35%
Characteristics
Compare
ZXLR
ZUT
| Provider | BMO | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | S&P Real Estate Select Sector Total Return Index - USD | Solactive Equal Weight Canada Utilities Total Return Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.05% | 2.72% |
| Meets ESG criteria | No | No |
| Inception Date | February 2, 2025 | January 19, 2010 |
Frequently asked questions about ZXLR and ZUT
Which ETF has performed better year to date: ZXLR or ZUT?
As of July 20, 2026, ZXLR has returned 16.31% year to date, while ZUT has returned 22.25%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: ZXLR or ZUT?
As of July 20, 2026, ZXLR manages $3.98 M in assets, while ZUT manages $853.07 M. ZUT is the larger fund by AUM.
How are ZXLR and ZUT managed?
ZXLR is passively managed by BMO. It tracks the S&P Real Estate Select Sector Total Return Index - USD benchmark. ZUT is passively managed by BMO. It tracks the Solactive Equal Weight Canada Utilities Total Return Index - CAD benchmark.
What sectors do ZXLR and ZUT emphasize?
ZXLR is most exposed to Finance and Technology. ZUT is most exposed to Utilities, Energy, and Industrials.
Which ETF is attracting more investor flows: ZXLR or ZUT?
Year to date, ZXLR has seen +$2.44 M in net flows, compared with -$127.21 M for ZUT. ZXLR has attracted more net investor money so far.
How do the fees of ZXLR and ZUT compare?
ZXLR has an expense ratio of 0.21%, while ZUT has an expense ratio of 0.61%.
What are the top holdings of ZXLR and ZUT?
ZXLR's largest holdings include Welltower, Inc., Prologis, Inc., and Equinix, Inc.. ZUT's top holdings include Boralex, Inc., Brookfield Renewable Partners LP, and AltaGas Ltd..
Which ETF is more diversified: ZXLR or ZUT?
ZXLR holds 31 securities, while ZUT holds 13. On holdings count, ZXLR is the more diversified portfolio.
Recent articles about ZXLR and ZUT
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All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.