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ZUT ETF · BMO Equal Weight Utilities Index ETF
The ZUT Exchange Traded Fund (ETF) is provided by BMO. It is built to track an index: Solactive Equal Weight Canada Utilities Index. The ZUT ETF provides physical exposure, so by buying it you actually own parts of all the 13 underlying holdings. This share class generates a stream of income by distributing dividends.
Last update Yesterday at 1:30 PM UTC
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This fund is part ofDeveloped Market Blended Cap1M perf.-3.27%
Last price
$27.67
1M perf.
+4.13%
1M flows
-€33M
AuM
€520M
E/R
0.61%
Rating
ESG Consensus®
ZUT
$27.67
Performance & flows
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December 11, 2025 → March 11, 2026
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ZUT
$27.57
+10.65%
Developed Market Blended Cap
+0.19%
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | +4.13%  | +10.65% | +28.24%  | +41.09%  | +37.13% | -1.73% | +10.00% | +10.00% | |
| Flows |
Key fund info
Segment for quartile rank
This ETF's jurisdiction country is not in your region (Europe and Middle East) ·
Main characteristics
More details
NAV
3/11/2026
$27.57
1D NAV change
+0.40%
Dividend policy
Replication method
Direct (Physical)
Replication model
Full replication
No. of holdings
13
Inception date
1/19/2010
Jurisdiction
Canada
Distribution
Canada
Legal structure
Unit Investment Trust
Base currency
CAD
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
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Classification
Product type
Benchmark
Solactive Equal Weight Canada Utilities Index
Asset class
Factors
N/A
Investment strategy
BMO Equal Weight Utilities Index ETF has been designed to replicate, to the extent possible, the performance of the Solactive Equal Weight Canada Utilities Index net of expenses. The Fund invests in and holds the Constituent Securities of the Index in the same proportion as they are reflected in the Index.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Risk profile
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Historical risk/return profile
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Returns | +10.65% | +28.24% | +41.09% | +37.13% |
| Volatility | ||||
| Perf./Volatility | ||||
| Max drawdown |
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
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Learn more about Trackinsight EnterpriseExposure
Countries
Canada
83.64%
Bermuda
16.36%
Sectors
Utilities
100.00%
Diversification
Total weight of top 13 holdings out of 13
Top 13 holdings
Data as of January 31, 2026
ATCO
CANADIAN UTILITIES
BROOKFIELD INFRASTRUCTURE PARTNERS LP UNIT
ALGONQUIN POWER
BROOKFIELD RENEWABLE PARTNERS
HYDRO ONE
FORTIS
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EMERA
TRANSALTA
CAPITAL POWER
ALTAGAS
BORALEX
NORTHLAND POWER
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Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
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Integrates ESG criteria
No
SDG
ESG Consensus® by Conser
Data as of December 31, 2025
MethodologyOur partner Conser gathers the industry's consensus on the business practices of the underlying holdings. We have computed the following metrics about ZUT ETF's sustainability, based on their methodology.
ESG Consensus®
ESG Consensus® is based on the Final Sustainability Grade, which itself consists of 10 grades. Our partner Conser calculates the exact grade, based on market intelligence, using their proprietary ESG Consensus® methodology.
ZUT’s has a Final Sustainability Grade of either C+, C, C-, or D.
A+
A
A-
B+
B
B-
C+
C
C-
D
This fund’s exact Final Sustainability Grade is available in Trackinsight Enterprise.
Learn more about Trackinsight EnterpriseHoldings review
60.25% of holdings have positive scoring
39.74% of holdings have negative scoring
6.92%
21.81%
31.52%
23.64%
16.10%
Consensus levels
Strong
Medium
Weak
No data on remaining < 1% of holdings
Built for professionals: access exclusive sustainability metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseReplication
Trackinsight replication rating:
Replication quality
Calculated over 12m, as of February 27, 2026
Tracking error
Tracking difference
Replication information
Index
Solactive Equal Weight Canada Utilities Total Return Index - CAD
Index ticker
SOLCUEW Index
Index dividend policy
GTR
Replication method
Replication model
Built for professionals: access exclusive replication metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseIssuer
BMO
BMO ID Card
Number of funds
276
Total AuM
€115.83B
Expense ratio range
0.05% - 1.17%
Average expense ratio
0.4463%
Top 5 funds by BMO
| AuM | ||
|---|---|---|
ZSP | BMO S&P 500 Index ETF | €13.33B |
ZCN | BMO S&P/TSX Capped Composite Index ETF | €9.6B |
ZAG | BMO Aggregate Bond Index ETF | €7.74B |
ZEA | BMO MSCI EAFE Index ETF | €7.46B |
ZLB | BMO Low Volatility Canadian Equity ETF | €3.74B |
Frequently asked questions about ZUT
What does BMO Equal Weight Utilities Index ETF, ZUT, invest in?
ZUT is a Passive ETF. This ETF provides exposure to Equally Weighted Canadian Utilities Equities.
Which benchmark or index does ZUT replicate?
ZUT tracks the Solactive Equal Weight Canada Utilities Total Return Index - CAD, through a full replication replication method.
What is the Total Expense ratio (TER) of ZUT?
ZUT carries a total expense ratio (TER) of 0.61%, indicating the annual cost for holding the fund.
When was ZUT launched?
ZUT was introduced to the market on January 19, 2010. It trades on Canada
Who is the ETF issuer of ZUT?
BMO Equal Weight Utilities Index ETF, ZUT, is provided by BMO. Learn more about BMO here.
What is the current assets under management (AUM) of ZUT?
ZUT oversees €520M in assets as of March 11, 2026.
How has ZUT performed lately?
Based on data from March 11, 2026, ZUT returned 4.13% over the past month, 10.65% over the last three months and 10.00% year-to-date.
What are the latest inflows or outflows for ZUT?
As of March 11, 2026, ZUT recorded net flows of -€32M over the last month and -€50M year-to-date.
Does ZUT distribute dividends?
ZUT follows a distributing dividend policy, meaning it pays out income to investors. As of March 11, 2026, its 12-month trailing yield was 3.09%.
What are the main country or region exposures of ZUT?
As of January 31, 2026, ZUT has significant geographic allocations in Canada and Bermuda.
In which sector or theme does ZUT invest in?
As of January 31, 2026, ZUT focuses largely on Utilities.
How many securities does ZUT hold and how diversified is it?
As of January 31, 2026, ZUT holds 13 positions in its portfolio, with 100.00% of assets concentrated in its top 15 holdings.
What are the main positions in ZUT?
As of January 31, 2026, ZUT top three holdings include ATCO, CANADIAN UTILITIES and BROOKFIELD INFRASTRUCTURE PARTNERS LP UNIT.
What is the base currency of ZUT?
The base currency of ZUT is CAD.
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