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%	101.38M	Oct 2022	ZUT.TO vs HUTE.TO
XUT.TO	iShares S&P/TSX Capped Utilities Index ETF	0.61%	495.96M	Apr 2011	ZUT.TO vs XUT.TO
ZWU.TO	BMO Covered Call Utilities ETF	0.65%	2.20B	Oct 2011	ZUT.TO vs ZWU.TO
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	0.65%	1.36B	Jun 2023	ZUT.TO vs UMAX.TO
HUTL.TO	Harvest Equal Weight Global Utilities Income ETF	0.67%	533.27M	Jan 2019	ZUT.TO vs HUTL.TO

Best Risk-Adjusted Alternatives to ZUT.TO

ZUT.TO has a PortfoliosLab risk / return rank of 74. There are 4 ETFs in the Utilities Equities category with higher risk-adjusted ranks, going as high as 94.

Symbol	Name	Risk / Return Rank	AUM	Inception
HUTS.TO	Hamilton Enhanced Utilities ETF	94	235.70M	Sep 2022	ZUT.TO vs HUTS.TO
UTIL.TO	Global X Equal Weight Canadian Utilities Index ETF	92	—	Aug 2022	ZUT.TO vs UTIL.TO
ZWU.TO	BMO Covered Call Utilities ETF	75	2.20B	Oct 2011	ZUT.TO vs ZWU.TO
XUT.TO	iShares S&P/TSX Capped Utilities Index ETF	74	495.96M	Apr 2011	ZUT.TO vs XUT.TO
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	74	1.36B	Jun 2023	ZUT.TO vs UMAX.TO

Top Performing ZUT.TO Alternatives (YTD)

ZUT.TO is at 21.48% YTD. No ETFs in the Utilities Equities category have higher YTD returns; the top-performing alternatives shown here go as high as 20.07%.

Symbol	Name	YTD Return	AUM	Inception
UTIL.TO	Global X Equal Weight Canadian Utilities Index ETF	20.07%	—	Aug 2022	ZUT.TO vs UTIL.TO
HUTS.TO	Hamilton Enhanced Utilities ETF	19.95%	235.70M	Sep 2022	ZUT.TO vs HUTS.TO
XUT.TO	iShares S&P/TSX Capped Utilities Index ETF	17.16%	495.96M	Apr 2011	ZUT.TO vs XUT.TO
HUTE.TO	Harvest Equal Weight Global Utilities Enhanced Inc...	13.36%	101.38M	Oct 2022	ZUT.TO vs HUTE.TO
ZWU.TO	BMO Covered Call Utilities ETF	12.39%	2.20B	Oct 2011	ZUT.TO vs ZWU.TO

Lowest Volatility Alternatives to ZUT.TO

ZUT.TO has 10.32% 1-year volatility. There are 6 ETFs in the Utilities Equities category with lower 1-year volatility, going as low as 6.88%.

Symbol	Name	Volatility 1Y	AUM	Inception
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	6.88%	1.36B	Jun 2023	ZUT.TO vs UMAX.TO
ZWU.TO	BMO Covered Call Utilities ETF	7.68%	2.20B	Oct 2011	ZUT.TO vs ZWU.TO
XUT.TO	iShares S&P/TSX Capped Utilities Index ETF	8.79%	495.96M	Apr 2011	ZUT.TO vs XUT.TO
UMVP.TO	Hamilton Champions Utilities Index ETF	9.15%	—	Jan 2026	ZUT.TO vs UMVP.TO
UTIL.TO	Global X Equal Weight Canadian Utilities Index ETF	9.58%	—	Aug 2022	ZUT.TO vs UTIL.TO

Lowest Drawdown Alternatives to ZUT.TO

ZUT.TO has a 1-year max drawdown of -8.95%. There are 7 ETFs in the Utilities Equities category with shallower 1-year drawdowns, going as shallow as -4.49%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
HUTL.TO	Harvest Equal Weight Global Utilities Income ETF	-4.49%	533.27M	Jan 2019	ZUT.TO vs HUTL.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%	2.20B	Oct 2011	ZUT.TO vs ZWU.TO
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	-5.11%	1.36B	Jun 2023	ZUT.TO vs UMAX.TO
HUTS.TO	Hamilton Enhanced Utilities ETF	-5.84%	235.70M	Sep 2022	ZUT.TO vs HUTS.TO

Other ETFs from BMO

The 10 most viewed BMO ETFs shown here include ZMMK.TO, ZSP.TO, ZEQT.TO and span 8 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	99	1.09%	5.68B	Nov 2021	ZUT.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	72	11.86%	24.23B	Nov 2012	ZUT.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	79	13.48%	846.16M	Jan 2022	ZUT.TO vs ZEQT.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities, Equal Weight	97	30.69%	6.15B	Oct 2009	ZUT.TO vs ZEB.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	81	11.25%	16.91B	May 2009	ZUT.TO vs ZCN.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	41	14.60%	3.24B	Jan 2010	ZUT.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	67	20.44%	2.39B	Feb 2019	ZUT.TO vs ZNQ.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	45	6.82%	6.18B	Oct 2011	ZUT.TO vs ZLB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	21	1.70%	12.97B	Jan 2010	ZUT.TO vs ZAG.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	97	20.55%	1.83B	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	24.99%	7.99B	Nov 2012	ZUT.TO vs VDY.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	Dividend, Large Cap Value Equities	98	21.65%	5.54B	Jun 2017	ZUT.TO vs XDIV.TO
XMA.TO	iShares S&P/TSX Capped Materials Index ETF	Materials	36	-0.42%	650.55M	Dec 2005	ZUT.TO vs XMA.TO
ZWC.TO	BMO CA High Dividend Covered Call ETF	Derivative Income	93	12.66%	2.35B	Feb 2017	ZUT.TO vs ZWC.TO
VGRO.TO	Vanguard Growth ETF Portfolio	Diversified Portfolio	80	10.76%	10.14B	Jan 2018	ZUT.TO vs VGRO.TO
UTES.TO	Evolve Canadian Utilities Enhanced Yield Index Fun...	Derivative Income	86	14.78%	412.15M	Sep 2024	ZUT.TO vs UTES.TO
VCN.TO	Vanguard FTSE Canada All Cap Index ETF	Canada Equities	81	10.99%	15.96B	Aug 2013	ZUT.TO vs VCN.TO
XGI.TO	iShares S&P Global Industrials Index ETF (CAD-Hedg...	Industrials Equities	50	11.90%	166.78M	Mar 2013	ZUT.TO vs XGI.TO
NVHE.TO	Harvest NVIDIA Enhanced High Income Shares ETF	Derivative Income	45	13.64%	247.27M	Aug 2024	ZUT.TO vs NVHE.TO
HHL.TO	Harvest Healthcare Leaders Income ETF	Health & Biotech Equities	16	-5.90%	1.89B	Mar 2020	ZUT.TO vs HHL.TO
H.TO	Hydro One Limited		81	6.74%	—	—	ZUT.TO vs H.TO
XEG.TO	iShares S&P/TSX Capped Energy Index ETF	Energy Equities, Canada Equities	62	30.47%	2.38B	Mar 2001	ZUT.TO vs XEG.TO
HTAE.TO	Harvest Tech Achievers Enhanced Income ETF - Class...	Technology Equities	49	24.61%	104.75M	Oct 2022	ZUT.TO vs HTAE.TO
XSTH.TO	iShares 0-5 Year TIPS Bond Index ETF (CAD-Hedged)	Inflation-Protected Bonds	23	0.40%	—	Jul 2021	ZUT.TO vs XSTH.TO
XEQT.TO	iShares Core Equity ETF Portfolio	Global Equities	80	12.92%	19.56B	Aug 2019	ZUT.TO vs XEQT.TO
XDUH.TO	iShares Core MSCI US Quality Dividend Index ETF (C...	Large Cap Value Equities, Dividend	42	8.55%	98.63M	Jun 2017	ZUT.TO vs XDUH.TO
FTS.TO	Fortis Inc.		89	14.77%	—	—	ZUT.TO vs FTS.TO
XLU	State Street Utilities Select Sector SPDR ETF	Utilities Equities	27	6.99%	22.62B	Dec 1998	ZUT.TO vs XLU
VFV.TO	Vanguard S&P 500 Index ETF	S&P 500	72	11.93%	32.85B	Nov 2012	ZUT.TO vs VFV.TO
ZUQ.TO	BMO MSCI USA High Quality Index ETF	Large Cap Blend Equities	47	10.78%	1.30B	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