VS
BMO SPDR Utilities Select Sector Index ETF (ZXLU) and iShares Core S&P/TSX Capped Composite Index ETF (XIC) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZXLU focuses its top 3 sector exposures on Utilities, while XIC leans towards Finance, Non-Energy Materials, and Energy. When evaluating costs, ZXLU features a management fee (MER) of 0.21%, compared to 0.05% for XIC. Performance-wise, ZXLU has returned 5.88% year-to-date with +$1 M in net flows, whereas XIC is at 14.86% with +$11 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
ZXLU
XIC
| AuM | $20.64 M | $36,690.50 M |
| Management Fees | 0.21% | 0.05% |
| Exp. ratio | 0.21% | 0.06% |
| Tracking Difference | - | -0.08% |
Historical performance and flows
As of November 6, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZXLU | +4.12% | +0.80% | +5.88% | -0.01% | - |
XIC | +0.52% | -0.46% | +14.86% | +22.43% | +96.06% | |
| Flows | ZXLU | -$1 M | -$9 M | +$1 M | +$3 M | - |
XIC | +$1,339 M | +$4,351 M | +$11,447 M | +$12,619 M | +$17,568 M |
ZXLU vs XIC exposure
Countries
ZXLU
USA
99.75%
XIC
Canada
96.55%
Sectors
ZXLU
Utilities
99.75%
XIC
Finance
41.17%
Non-Energy Materials
18.24%
Energy
16.19%
Industrials
8.03%
Other
16.38%
As of November 6, 2026
Top 10 Holdings
ZXLU
US81369Y8865
100.00%
XIC
Royal Bank of Canada
7.73%
The Toronto-Dominion Bank
5.48%
Shopify, Inc.
5.07%
Bank of Montreal
3.32%
The Bank of Nova Scotia
3.14%
Enbridge, Inc.
2.92%
Canadian Imperial Bank of Commerce
2.85%
Canadian Natural Resources Ltd.
2.75%
Agnico Eagle Mines Ltd.
2.63%
Suncor Energy, Inc.
2.25%
Diversification
ZXLU
Total weight of top 10 holdings out of 31 total
100.00%
XIC
Total weight of top 10 holdings out of 216 total
38.13%
Characteristics
Compare
ZXLU
XIC
| Provider | BMO | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | S&P Utilities Select Sector Total Return Index - USD | S&P/TSX Capped Composite Total Return Index - CAD |
| Replication Method | Other | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.06% | 1.97% |
| Meets ESG criteria | No | No |
| Inception Date | February 2, 2025 | February 16, 2001 |
Frequently asked questions about ZXLU and XIC
Which ETF has performed better year to date: ZXLU or XIC?
As of November 6, 2026, ZXLU has returned 5.88% year to date, while XIC has returned 14.86%. XIC is ahead on YTD performance.
Which ETF is larger by assets under management: ZXLU or XIC?
As of November 6, 2026, ZXLU manages $20.64 M in assets, while XIC manages $36.69 B. XIC is the larger fund by AUM.
How are ZXLU and XIC managed?
ZXLU is passively managed by BMO. It tracks the S&P Utilities Select Sector Total Return Index - USD benchmark. XIC is passively managed by iShares. It tracks the S&P/TSX Capped Composite Total Return Index - CAD benchmark.
Which ETF is more diversified: ZXLU or XIC?
ZXLU holds 1 securities, while XIC holds 216. On holdings count, XIC is the more diversified portfolio.
Which ETF is attracting more investor flows: ZXLU or XIC?
Year to date, ZXLU has seen +$0.84 M in net flows, compared with +$11,446.98 M for XIC. XIC has attracted more net investor money so far.
How do the fees of ZXLU and XIC compare?
ZXLU has an expense ratio of 0.21%, while XIC has an expense ratio of 0.06%.
What sectors do ZXLU and XIC emphasize?
ZXLU is most exposed to Utilities. XIC is most exposed to Finance, Non-Energy Materials, and Energy.
Recent articles about ZXLU and XIC
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
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.
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.