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, Energy, and Non-Energy Materials. When evaluating costs, ZXLU features a management fee (MER) of 0.21%, compared to 0.05% for XIC. Performance-wise, ZXLU has returned 0.13% year-to-date with +$6 M in net flows, whereas XIC is at 13.91% with +$9 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 | $24.92 M | $33,730.65 M |
| Management Fees | 0.21% | 0.05% |
| Exp. ratio | 0.21% | 0.06% |
| Tracking Difference | - | -0.09% |
Historical performance and flows
As of September 15, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZXLU | -5.68% | -7.79% | -0.13% | +2.40% | - |
XIC | -2.76% | +1.42% | +13.91% | +23.61% | +86.97% | |
| Flows | ZXLU | -$3 M | +$1 M | +$6 M | +$14 M | - |
XIC | +$1,332 M | +$2,928 M | +$8,604 M | +$9,141 M | +$14,778 M |
ZXLU vs XIC exposure
Countries
ZXLU
USA
99.70%
XIC
Canada
96.46%
Sectors
ZXLU
Utilities
99.70%
XIC
Finance
41.74%
Energy
17.17%
Non-Energy Materials
15.75%
Industrials
8.14%
Other
17.19%
As of September 15, 2026
Top 10 Holdings
ZXLU
NextEra Energy, Inc.
13.07%
The Southern Co.
7.68%
Duke Energy Corp.
7.05%
Constellation Energy Corp.
6.05%
American Electric Power Co., Inc.
5.01%
Dominion Energy, Inc.
4.39%
Sempra
4.17%
Entergy Corp.
3.55%
Xcel Energy, Inc.
3.52%
Vistra Corp.
3.39%
XIC
Royal Bank of Canada
8.10%
The Toronto-Dominion Bank
5.52%
Shopify, Inc.
4.12%
Bank of Montreal
3.45%
Enbridge, Inc.
3.34%
Canadian Imperial Bank of Commerce
3.00%
The Bank of Nova Scotia
2.98%
Canadian Natural Resources Ltd.
2.72%
Brookfield Corp.
2.48%
Suncor Energy, Inc.
2.17%
Diversification
ZXLU
Total weight of top 10 holdings out of 31 total
57.88%
XIC
Total weight of top 10 holdings out of 219 total
37.87%
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 | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.12% | 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 September 15, 2026, ZXLU has returned -0.13% year to date, while XIC has returned 13.91%. XIC is ahead on YTD performance.
Which ETF is larger by assets under management: ZXLU or XIC?
As of September 15, 2026, ZXLU manages $24.92 M in assets, while XIC manages $33.73 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.
What sectors do ZXLU and XIC emphasize?
ZXLU is most exposed to Utilities. XIC is most exposed to Finance, Energy, and Non-Energy Materials.
Which ETF is attracting more investor flows: ZXLU or XIC?
Year to date, ZXLU has seen +$6.31 M in net flows, compared with +$8,604.27 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 are the top holdings of ZXLU and XIC?
ZXLU's largest holdings include NextEra Energy, Inc., The Southern Co., and Duke Energy Corp.. XIC's top holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Shopify, Inc..
Which ETF is more diversified: ZXLU or XIC?
ZXLU holds 31 securities, while XIC holds 219. On holdings count, XIC is the more diversified portfolio.
Recent articles about ZXLU and XIC
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