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%	103.07M	Oct 2022	ZUT.TO vs HUTE.TO
XUT.TO	iShares S&P/TSX Capped Utilities Index ETF	0.61%	647.15M	Apr 2011	ZUT.TO vs XUT.TO
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	0.65%	1.41B	Jun 2023	ZUT.TO vs UMAX.TO
ZWU.TO	BMO Covered Call Utilities ETF	0.65%	2.21B	Oct 2011	ZUT.TO vs ZWU.TO
HUTL.TO	Harvest Equal Weight Global Utilities Income ETF	0.67%	538.42M	Jan 2019	ZUT.TO vs HUTL.TO

Best Risk-Adjusted Alternatives to ZUT.TO

ZUT.TO has a PortfoliosLab risk / return rank of 79. There are 4 ETFs in the Utilities Equities category with higher risk-adjusted ranks, going as high as 95.

Symbol	Name	Risk / Return Rank	AUM	Inception
UTIL.TO	Global X Equal Weight Canadian Utilities Index ETF	95	—	Aug 2022	ZUT.TO vs UTIL.TO
HUTS.TO	Hamilton Enhanced Utilities ETF	91	235.60M	Sep 2022	ZUT.TO vs HUTS.TO
CINF.TO	CI Global Infrastructure Private Pool	86	464.13M	May 2020	ZUT.TO vs CINF.TO
XUT.TO	iShares S&P/TSX Capped Utilities Index ETF	82	647.15M	Apr 2011	ZUT.TO vs XUT.TO
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	73	1.41B	Jun 2023	ZUT.TO vs UMAX.TO

Top Performing ZUT.TO Alternatives (YTD)

ZUT.TO is at 22.07% YTD. No ETFs in the Utilities Equities category have higher YTD returns; the top-performing alternatives shown here go as high as 19.94%.

Symbol	Name	YTD Return	AUM	Inception
UTIL.TO	Global X Equal Weight Canadian Utilities Index ETF	19.94%	—	Aug 2022	ZUT.TO vs UTIL.TO
XUT.TO	iShares S&P/TSX Capped Utilities Index ETF	18.04%	647.15M	Apr 2011	ZUT.TO vs XUT.TO
CINF.TO	CI Global Infrastructure Private Pool	17.91%	464.13M	May 2020	ZUT.TO vs CINF.TO
HUTS.TO	Hamilton Enhanced Utilities ETF	16.75%	235.60M	Sep 2022	ZUT.TO vs HUTS.TO
HUTE.TO	Harvest Equal Weight Global Utilities Enhanced Inc...	13.61%	103.07M	Oct 2022	ZUT.TO vs HUTE.TO

Lowest Volatility Alternatives to ZUT.TO

ZUT.TO has 10.54% 1-year volatility. There are 7 ETFs in the Utilities Equities category with lower 1-year volatility, going as low as 7.36%.

Symbol	Name	Volatility 1Y	AUM	Inception
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	7.36%	1.41B	Jun 2023	ZUT.TO vs UMAX.TO
ZWU.TO	BMO Covered Call Utilities ETF	8.12%	2.21B	Oct 2011	ZUT.TO vs ZWU.TO
XUT.TO	iShares S&P/TSX Capped Utilities Index ETF	8.93%	647.15M	Apr 2011	ZUT.TO vs XUT.TO
CINF.TO	CI Global Infrastructure Private Pool	9.55%	464.13M	May 2020	ZUT.TO vs CINF.TO
UTIL.TO	Global X Equal Weight Canadian Utilities Index ETF	9.65%	—	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 8 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%	538.42M	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%	2.21B	Oct 2011	ZUT.TO vs ZWU.TO
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	-5.11%	1.41B	Jun 2023	ZUT.TO vs UMAX.TO
CINF.TO	CI Global Infrastructure Private Pool	-5.31%	464.13M	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 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	1.25%	5.77B	Nov 2021	ZUT.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	77	13.48%	24.35B	Nov 2012	ZUT.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	82	14.20%	895.11M	Jan 2022	ZUT.TO vs ZEQT.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities, Equal Weight	98	34.83%	7.20B	Oct 2009	ZUT.TO vs ZEB.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	89	12.66%	17.34B	May 2009	ZUT.TO vs ZCN.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Nasdaq-100	39	15.76%	3.09B	Jan 2010	ZUT.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Nasdaq-100	67	20.26%	2.35B	Feb 2019	ZUT.TO vs ZNQ.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	49	7.40%	6.24B	Oct 2011	ZUT.TO vs ZLB.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	27	1.02%	13.13B	Jan 2010	ZUT.TO vs ZAG.TO
ZDV.TO	BMO Canadian Dividend ETF	Canada Equities	97	21.69%	1.86B	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 14 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	28.26%	8.59B	Nov 2012	ZUT.TO vs VDY.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	Dividend, Large Cap Value Equities	98	25.21%	5.78B	Jun 2017	ZUT.TO vs XDIV.TO
XMA.TO	iShares S&P/TSX Capped Materials Index ETF	Materials	36	-4.72%	584.50M	Dec 2005	ZUT.TO vs XMA.TO
ZWC.TO	BMO CA High Dividend Covered Call ETF	Derivative Income	95	14.02%	2.41B	Feb 2017	ZUT.TO vs ZWC.TO
VGRO.TO	Vanguard Growth ETF Portfolio	Diversified Portfolio	85	11.38%	10.51B	Jan 2018	ZUT.TO vs VGRO.TO
UTES.TO	Evolve Canadian Utilities Enhanced Yield Index Fun...	Derivative Income	75	12.01%	431.22M	Sep 2024	ZUT.TO vs UTES.TO
VCN.TO	Vanguard FTSE Canada All Cap Index ETF	Canada Equities	88	12.46%	16.37B	Aug 2013	ZUT.TO vs VCN.TO
XGI.TO	iShares S&P Global Industrials Index ETF (CAD-Hedg...	Industrials Equities	46	12.04%	163.80M	Mar 2013	ZUT.TO vs XGI.TO
NVHE.TO	Harvest NVIDIA Enhanced High Income Shares ETF	Derivative Income	43	20.91%	268.36M	Aug 2024	ZUT.TO vs NVHE.TO
HHL.TO	Harvest Healthcare Leaders Income ETF	Health & Biotech Equities	18	-3.74%	1.97B	Mar 2020	ZUT.TO vs HHL.TO
UMVP.TO	Hamilton Champions Utilities Index ETF	Utilities Equities	—	—	300.40M	Jan 2026	ZUT.TO vs UMVP.TO
XEG.TO	iShares S&P/TSX Capped Energy Index ETF	Energy Equities, Canada Equities	77	35.66%	2.38B	Mar 2001	ZUT.TO vs XEG.TO
HTAE.TO	Harvest Tech Achievers Enhanced Income ETF - Class...	Technology Equities	51	27.67%	112.85M	Oct 2022	ZUT.TO vs HTAE.TO
H.TO	Hydro One Limited		86	8.91%	—	—	ZUT.TO vs H.TO
XDUH.TO	iShares Core MSCI US Quality Dividend Index ETF (C...	Large Cap Value Equities, Dividend	44	10.43%	103.60M	Jun 2017	ZUT.TO vs XDUH.TO
XSTH.TO	iShares 0-5 Year TIPS Bond Index ETF (CAD-Hedged)	Inflation-Protected Bonds	25	0.71%	—	Jul 2021	ZUT.TO vs XSTH.TO
XEQT.TO	iShares Core Equity ETF Portfolio	Global Equities	85	13.88%	20.34B	Aug 2019	ZUT.TO vs XEQT.TO
FTS.TO	Fortis Inc.		93	15.74%	—	—	ZUT.TO vs FTS.TO
XLU	State Street Utilities Select Sector SPDR ETF	Utilities Equities	30	8.46%	23.51B	Dec 1998	ZUT.TO vs XLU
VFV.TO	Vanguard S&P 500 Index ETF	S&P 500	78	13.57%	34.09B	Nov 2012	ZUT.TO vs VFV.TO

Compare ZUT.TO with Any Fund or Stock

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

Symbol name

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