ZUT.TO Alternatives & Similar ETFs

BMO Equal Weight Utilities Index ETF (ZUT.TO) belongs to the Utilities Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with ZUT.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to ZUT.TO

ZUT.TO charges 0.61% annually. There is 1 ETF in the Utilities Equities category with a lower expense ratio, going as low as 0.50%.

Symbol	Name	Expense Ratio	AUM	Inception
HUTE.TO	Harvest Equal Weight Global Utilities Enhanced Inc...	0.50%	97.17M	Oct 2022	ZUT.TO vs HUTE.TO
XUT.TO	iShares S&P/TSX Capped Utilities Index ETF	0.61%	525.38M	Apr 2011	ZUT.TO vs XUT.TO
ZWU.TO	BMO Covered Call Utilities ETF	0.65%	2.17B	Oct 2011	ZUT.TO vs ZWU.TO
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	0.65%	1.34B	Jun 2023	ZUT.TO vs UMAX.TO
HUTL.TO	Harvest Equal Weight Global Utilities Income ETF	0.67%	520.89M	Jan 2019	ZUT.TO vs HUTL.TO

Best Risk-Adjusted Alternatives to ZUT.TO

ZUT.TO has a PortfoliosLab risk / return rank of 65. There are 3 ETFs in the Utilities Equities category with higher risk-adjusted ranks, going as high as 92.

Symbol	Name	Risk / Return Rank	AUM	Inception
HUTS.TO	Hamilton Enhanced Utilities ETF	92	234.40M	Sep 2022	ZUT.TO vs HUTS.TO
UTIL.TO	Global X Equal Weight Canadian Utilities Index ETF	87	—	Aug 2022	ZUT.TO vs UTIL.TO
XUT.TO	iShares S&P/TSX Capped Utilities Index ETF	84	525.38M	Apr 2011	ZUT.TO vs XUT.TO
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	58	1.34B	Jun 2023	ZUT.TO vs UMAX.TO
HUTE.TO	Harvest Equal Weight Global Utilities Enhanced Inc...	58	97.17M	Oct 2022	ZUT.TO vs HUTE.TO

Top Performing ZUT.TO Alternatives (YTD)

ZUT.TO is at 20.31% YTD. No ETFs in the Utilities Equities category have higher YTD returns; the top-performing alternatives shown here go as high as 18.77%.

Symbol	Name	YTD Return	AUM	Inception
HUTS.TO	Hamilton Enhanced Utilities ETF	18.77%	234.40M	Sep 2022	ZUT.TO vs HUTS.TO
UTIL.TO	Global X Equal Weight Canadian Utilities Index ETF	17.98%	—	Aug 2022	ZUT.TO vs UTIL.TO
XUT.TO	iShares S&P/TSX Capped Utilities Index ETF	14.90%	525.38M	Apr 2011	ZUT.TO vs XUT.TO
HUTE.TO	Harvest Equal Weight Global Utilities Enhanced Inc...	12.31%	97.17M	Oct 2022	ZUT.TO vs HUTE.TO
HUTL.TO	Harvest Equal Weight Global Utilities Income ETF	10.20%	520.89M	Jan 2019	ZUT.TO vs HUTL.TO

Lowest Volatility Alternatives to ZUT.TO

ZUT.TO has 10.62% 1-year volatility. There are 7 ETFs in the Utilities Equities category with lower 1-year volatility, going as low as 6.65%.

Symbol	Name	Volatility 1Y	AUM	Inception
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	6.65%	1.34B	Jun 2023	ZUT.TO vs UMAX.TO
ZWU.TO	BMO Covered Call Utilities ETF	7.59%	2.17B	Oct 2011	ZUT.TO vs ZWU.TO
XUT.TO	iShares S&P/TSX Capped Utilities Index ETF	8.05%	525.38M	Apr 2011	ZUT.TO vs XUT.TO
UMVP.TO	Hamilton Champions Utilities Index ETF	9.11%	—	Jan 2026	ZUT.TO vs UMVP.TO
HUTS.TO	Hamilton Enhanced Utilities ETF	9.45%	234.40M	Sep 2022	ZUT.TO vs HUTS.TO

Lowest Drawdown Alternatives to ZUT.TO

ZUT.TO has a 1-year max drawdown of -8.96%. There are 7 ETFs in the Utilities Equities category with shallower 1-year drawdowns, going as shallow as -3.62%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
HUTL.TO	Harvest Equal Weight Global Utilities Income ETF	-3.62%	520.89M	Jan 2019	ZUT.TO vs HUTL.TO
HUTE.TO	Harvest Equal Weight Global Utilities Enhanced Inc...	-4.57%	97.17M	Oct 2022	ZUT.TO vs HUTE.TO
UTIL.TO	Global X Equal Weight Canadian Utilities Index ETF	-4.62%	—	Aug 2022	ZUT.TO vs UTIL.TO
ZWU.TO	BMO Covered Call Utilities ETF	-4.86%	2.17B	Oct 2011	ZUT.TO vs ZWU.TO
XUT.TO	iShares S&P/TSX Capped Utilities Index ETF	-5.00%	525.38M	Apr 2011	ZUT.TO vs XUT.TO

Other ETFs from BMO

The 10 most viewed BMO ETFs shown here include ZMMK.TO, ZSP.TO, ZEQT.TO and span 7 categories. AUM among these funds goes as high as $24B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ZMMK.TO	BMO Money Market Fund ETF Series	Money Market	100	0.95%	5.70B	Nov 2021	ZUT.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	72	12.15%	23.82B	Nov 2012	ZUT.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	75	13.04%	789.04M	Jan 2022	ZUT.TO vs ZEQT.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities	96	19.22%	5.16B	Oct 2009	ZUT.TO vs ZEB.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	80	10.70%	16.67B	May 2009	ZUT.TO vs ZCN.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	67	19.82%	3.25B	Jan 2010	ZUT.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	74	22.76%	2.28B	Feb 2019	ZUT.TO vs ZNQ.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	54	3.14%	6.10B	Oct 2011	ZUT.TO vs ZLB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	21	1.70%	12.80B	Jan 2010	ZUT.TO vs ZAG.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	85	18.56%	1.72B	Oct 2011	ZUT.TO vs ZDV.TO

Often Compared With ZUT.TO

Investors most often compare ZUT.TO with VDY.TO, XDIV.TO, XMA.TO. These 20 comparison targets span 15 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	Dividend	98	20.59%	7.99B	Nov 2012	ZUT.TO vs VDY.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	Dividend, Large Cap Value Equities	98	19.17%	5.25B	Jun 2017	ZUT.TO vs XDIV.TO
XMA.TO	iShares S&P/TSX Capped Materials Index ETF	Materials	46	7.60%	699.10M	Dec 2005	ZUT.TO vs XMA.TO
ZWC.TO	BMO CA High Dividend Covered Call ETF	Derivative Income	92	11.12%	2.30B	Feb 2017	ZUT.TO vs ZWC.TO
VGRO.TO	Vanguard Growth ETF Portfolio	Diversified Portfolio	76	10.34%	10.14B	Jan 2018	ZUT.TO vs VGRO.TO
UTES.TO	Evolve Canadian Utilities Enhanced Yield Index Fun...	Derivative Income	75	12.58%	405.53M	Sep 2024	ZUT.TO vs UTES.TO
VCN.TO	Vanguard FTSE Canada All Cap Index ETF	Canada Equities	77	10.48%	15.96B	Aug 2013	ZUT.TO vs VCN.TO
XGI.TO	iShares S&P Global Industrials Index ETF (CAD-Hedg...	Industrials Equities	42	9.86%	158.77M	Mar 2013	ZUT.TO vs XGI.TO
NVHE.TO	Harvest NVIDIA Enhanced High Income Shares ETF	Derivative Income	53	19.13%	246.25M	Aug 2024	ZUT.TO vs NVHE.TO
HHL.TO	Harvest Healthcare Leaders Income ETF	Health & Biotech Equities	13	-8.20%	1.85B	Mar 2020	ZUT.TO vs HHL.TO
H.TO	Hydro One Limited		70	2.30%	—	—	ZUT.TO vs H.TO
XEG.TO	iShares S&P/TSX Capped Energy Index ETF	Energy Equities	86	44.34%	2.28B	Mar 2001	ZUT.TO vs XEG.TO
HTAE.TO	Harvest Tech Achievers Enhanced Income ETF - Class...	Technology Equities	66	32.62%	110.66M	Oct 2022	ZUT.TO vs HTAE.TO
XEQT.TO	iShares Core Equity ETF Portfolio	Global Equities	75	12.29%	18.41B	Aug 2019	ZUT.TO vs XEQT.TO
XSTH.TO	iShares 0-5 Year TIPS Bond Index ETF (CAD-Hedged)	Inflation-Protected Bonds	39	1.24%	—	Jul 2021	ZUT.TO vs XSTH.TO
XLU	State Street Utilities Select Sector SPDR ETF	Utilities Equities	19	3.11%	22.40B	Dec 1998	ZUT.TO vs XLU
FTS.TO	Fortis Inc.		79	8.30%	—	—	ZUT.TO vs FTS.TO
XDUH.TO	iShares Core MSCI US Quality Dividend Index ETF (C...	Large Cap Value Equities, Dividend	43	8.93%	98.69M	Jun 2017	ZUT.TO vs XDUH.TO
VFV.TO	Vanguard S&P 500 Index ETF	S&P 500	74	12.30%	32.85B	Nov 2012	ZUT.TO vs VFV.TO
ZUQ.TO	BMO MSCI USA High Quality Index ETF	Large Cap Blend Equities	41	9.39%	1.24B	Nov 2014	ZUT.TO vs ZUQ.TO

Compare ZUT.TO with Any Fund or Stock

Compare ZUT.TO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair ZUT.TO with funds that move differently

BMO Equal Weight Utilities Index ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ZUT.TO.

Explore ZUT.TO Diversifiers

BMO Equal Weight Utilities Index ETF (ZUT.TO) Alternatives