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 are 3 ETFs in the Utilities Equities category with lower expense ratios, going as low as 0.10%.

Symbol	Name	Expense Ratio	AUM	Inception
UTIL.TO	Global X Equal Weight Canadian Utilities Index ETF	0.10%	—	Aug 2022	ZUT.TO vs UTIL.TO
UMVP.TO	Hamilton Champions Utilities Index ETF	0.19%	314.00M	Jan 2026	ZUT.TO vs UMVP.TO
HUTE.TO	Harvest Equal Weight Global Utilities Enhanced Inc...	0.50%	104.38M	Oct 2022	ZUT.TO vs HUTE.TO
XUT.TO	iShares S&P/TSX Capped Utilities Index ETF	0.61%	708.57M	Apr 2011	ZUT.TO vs XUT.TO
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	0.65%	1.45B	Jun 2023	ZUT.TO vs UMAX.TO

Best Risk-Adjusted Alternatives to ZUT.TO

ZUT.TO has a PortfoliosLab risk / return rank of 75. There are 4 ETFs in the Utilities Equities category with higher risk-adjusted ranks, going as high as 92.

Symbol	Name	Risk / Return Rank	AUM	Inception
UTIL.TO	Global X Equal Weight Canadian Utilities Index ETF	92	—	Aug 2022	ZUT.TO vs UTIL.TO
HUTS.TO	Hamilton Enhanced Utilities ETF	86	247.40M	Sep 2022	ZUT.TO vs HUTS.TO
CINF.TO	CI Global Infrastructure Private Pool	79	457.10M	May 2020	ZUT.TO vs CINF.TO
XUT.TO	iShares S&P/TSX Capped Utilities Index ETF	75	708.57M	Apr 2011	ZUT.TO vs XUT.TO
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	69	1.45B	Jun 2023	ZUT.TO vs UMAX.TO

Top Performing ZUT.TO Alternatives (YTD)

ZUT.TO is at 21.32% YTD. No ETFs in the Utilities Equities category have higher YTD returns; the top-performing alternatives shown here go as high as 18.89%.

Symbol	Name	YTD Return	AUM	Inception
UTIL.TO	Global X Equal Weight Canadian Utilities Index ETF	18.89%	—	Aug 2022	ZUT.TO vs UTIL.TO
XUT.TO	iShares S&P/TSX Capped Utilities Index ETF	17.46%	708.57M	Apr 2011	ZUT.TO vs XUT.TO
CINF.TO	CI Global Infrastructure Private Pool	16.87%	457.10M	May 2020	ZUT.TO vs CINF.TO
HUTS.TO	Hamilton Enhanced Utilities ETF	15.96%	247.40M	Sep 2022	ZUT.TO vs HUTS.TO
HUTE.TO	Harvest Equal Weight Global Utilities Enhanced Inc...	11.73%	104.38M	Oct 2022	ZUT.TO vs HUTE.TO

Lowest Volatility Alternatives to ZUT.TO

ZUT.TO has 10.77% 1-year volatility. There are 7 ETFs in the Utilities Equities category with lower 1-year volatility, going as low as 7.74%.

Symbol	Name	Volatility 1Y	AUM	Inception
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	7.74%	1.45B	Jun 2023	ZUT.TO vs UMAX.TO
ZWU.TO	BMO Covered Call Utilities ETF	8.38%	2.20B	Oct 2011	ZUT.TO vs ZWU.TO
XUT.TO	iShares S&P/TSX Capped Utilities Index ETF	9.22%	708.57M	Apr 2011	ZUT.TO vs XUT.TO
CINF.TO	CI Global Infrastructure Private Pool	9.71%	457.10M	May 2020	ZUT.TO vs CINF.TO
UTIL.TO	Global X Equal Weight Canadian Utilities Index ETF	9.96%	—	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 9 ETFs in the Utilities Equities category with shallower 1-year drawdowns, going as shallow as -4.54%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
HUTL.TO	Harvest Equal Weight Global Utilities Income ETF	-4.54%	548.36M	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%	1.45B	Jun 2023	ZUT.TO vs UMAX.TO
CINF.TO	CI Global Infrastructure Private Pool	-5.31%	457.10M	May 2020	ZUT.TO vs CINF.TO

Other ETFs from BMO

The 10 most viewed BMO ETFs shown here include ZMMK.TO, ZSP.TO, ZEQT.TO and span 9 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	1.38%	5.83B	Nov 2021	ZUT.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	83	16.41%	24.00B	Nov 2012	ZUT.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	86	16.71%	924.58M	Jan 2022	ZUT.TO vs ZEQT.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities, Equal Weight	98	32.74%	7.10B	Oct 2009	ZUT.TO vs ZEB.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	91	14.28%	17.51B	May 2009	ZUT.TO vs ZCN.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	41	16.30%	2.90B	Jan 2010	ZUT.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	64	20.89%	2.26B	Feb 2019	ZUT.TO vs ZNQ.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities, Low Volatility	55	8.36%	6.27B	Oct 2011	ZUT.TO vs ZLB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	27	1.31%	13.09B	Jan 2010	ZUT.TO vs ZAG.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	98	23.19%	1.91B	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 18 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	99	28.23%	8.59B	Nov 2012	ZUT.TO vs VDY.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	Quality Factor, Dividend, Large Cap Value Equities	98	28.81%	6.16B	Jun 2017	ZUT.TO vs XDIV.TO
XMA.TO	iShares S&P/TSX Capped Materials Index ETF	Materials	42	-0.53%	593.79M	Dec 2005	ZUT.TO vs XMA.TO
ZWC.TO	BMO CA High Dividend Covered Call ETF	Derivative Income	96	14.83%	2.45B	Feb 2017	ZUT.TO vs ZWC.TO
UTES.TO	Evolve Canadian Utilities Enhanced Yield Index Fun...	Utilities Equities, Derivative Income, Leveraged Equities	52	9.53%	445.34M	Sep 2024	ZUT.TO vs UTES.TO
VGRO.TO	Vanguard Growth ETF Portfolio	Diversified Portfolio	88	13.15%	10.51B	Jan 2018	ZUT.TO vs VGRO.TO
VCN.TO	Vanguard FTSE Canada All Cap Index ETF	Canada Equities	91	14.09%	16.37B	Aug 2013	ZUT.TO vs VCN.TO
XGI.TO	iShares S&P Global Industrials Index ETF (CAD-Hedg...	Industrials Equities	56	16.31%	163.12M	Mar 2013	ZUT.TO vs XGI.TO
NVHE.TO	Harvest NVIDIA Enhanced High Income Shares ETF	Derivative Income	36	21.51%	257.94M	Aug 2024	ZUT.TO vs NVHE.TO
HHL.TO	Harvest Healthcare Leaders Income ETF	Health & Biotech Equities	33	-0.46%	2.00B	Mar 2020	ZUT.TO vs HHL.TO
XEG.TO	iShares S&P/TSX Capped Energy Index ETF	Energy Equities, Canada Equities	85	42.08%	2.32B	Mar 2001	ZUT.TO vs XEG.TO
HTAE.TO	Harvest Tech Leaders Enhanced Income ETF - Class A...	Technology Equities, Covered Call, Leveraged Equities	56	31.10%	108.65M	Oct 2022	ZUT.TO vs HTAE.TO
H.TO	Hydro One Limited		81	7.39%	—	—	ZUT.TO vs H.TO
XDUH.TO	iShares Core MSCI US Quality Dividend Index ETF (C...	Quality Factor, Large Cap Value Equities, Dividend	69	14.26%	134.45M	Jun 2017	ZUT.TO vs XDUH.TO
XSTH.TO	iShares 0-5 Year TIPS Bond Index ETF (CAD-Hedged)	Inflation-Protected Bonds	24	0.70%	—	Jul 2021	ZUT.TO vs XSTH.TO
XEQT.TO	iShares Core Equity ETF Portfolio	Global Equities	89	16.44%	20.80B	Aug 2019	ZUT.TO vs XEQT.TO
FTS.TO	Fortis Inc.		83	13.43%	—	—	ZUT.TO vs FTS.TO
XLU	State Street Utilities Select Sector SPDR ETF	Utilities Equities	15	4.71%	23.07B	Dec 1998	ZUT.TO vs XLU
VFV.TO	Vanguard S&P 500 Index ETF	S&P 500	83	16.57%	34.09B	Nov 2012	ZUT.TO vs VFV.TO
XFN.TO	iShares S&P/TSX Capped Financials Index ETF	Financials Equities, Canada Equities	97	24.90%	2.30B	Mar 2001	ZUT.TO vs XFN.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