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

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 funds that fit a different role in your portfolio.

Cheapest Alternatives to ZUT.TO

ZUT.TO charges 0.61% annually. Among ETFs in the Utilities Equities category, these options have the lowest expense ratios among ZUT.TO alternatives.

Symbol	Name	Expense Ratio	Inception
HUTE.TO	Harvest Equal Weight Global Utilities Enhanced Inc...	0.50%	Oct 25, 2022	ZUT.TO vs HUTE.TO
XUT.TO	iShares S&P/TSX Capped Utilities Index ETF	0.61%	Apr 12, 2011	ZUT.TO vs XUT.TO
ZWU.TO	BMO Covered Call Utilities ETF	0.65%	Oct 20, 2011	ZUT.TO vs ZWU.TO
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	0.65%	Jun 14, 2023	ZUT.TO vs UMAX.TO
HUTL.TO	Harvest Equal Weight Global Utilities Income ETF	0.67%	Jan 10, 2019	ZUT.TO vs HUTL.TO

Best Risk-Adjusted Alternatives to ZUT.TO

Among ETFs in the Utilities Equities category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.

Symbol	Name	Risk / Return Rank	Inception
UTIL.TO	Global X Equal Weight Canadian Utilities Index ETF	94	Aug 9, 2022	ZUT.TO vs UTIL.TO
XUT.TO	iShares S&P/TSX Capped Utilities Index ETF	88	Apr 12, 2011	ZUT.TO vs XUT.TO
ZWU.TO	BMO Covered Call Utilities ETF	84	Oct 20, 2011	ZUT.TO vs ZWU.TO
HUTE.TO	Harvest Equal Weight Global Utilities Enhanced Inc...	80	Oct 25, 2022	ZUT.TO vs HUTE.TO
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	80	Jun 14, 2023	ZUT.TO vs UMAX.TO

Top Performing ZUT.TO Alternatives (YTD)

ZUT.TO alternatives from the Utilities Equities category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
HUTE.TO	Harvest Equal Weight Global Utilities Enhanced Inc...	13.43%	Oct 25, 2022	ZUT.TO vs HUTE.TO
UTIL.TO	Global X Equal Weight Canadian Utilities Index ETF	12.45%	Aug 9, 2022	ZUT.TO vs UTIL.TO
XUT.TO	iShares S&P/TSX Capped Utilities Index ETF	11.66%	Apr 12, 2011	ZUT.TO vs XUT.TO
ZWU.TO	BMO Covered Call Utilities ETF	11.36%	Oct 20, 2011	ZUT.TO vs ZWU.TO
HUTL.TO	Harvest Equal Weight Global Utilities Income ETF	10.98%	Jan 10, 2019	ZUT.TO vs HUTL.TO

Lowest Volatility Alternatives to ZUT.TO

ZUT.TO alternatives from the Utilities Equities category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	7.74%	Jun 14, 2023	ZUT.TO vs UMAX.TO
ZWU.TO	BMO Covered Call Utilities ETF	9.11%	Oct 20, 2011	ZUT.TO vs ZWU.TO
XUT.TO	iShares S&P/TSX Capped Utilities Index ETF	9.94%	Apr 12, 2011	ZUT.TO vs XUT.TO
UTIL.TO	Global X Equal Weight Canadian Utilities Index ETF	10.09%	Aug 9, 2022	ZUT.TO vs UTIL.TO
HUTL.TO	Harvest Equal Weight Global Utilities Income ETF	13.63%	Jan 10, 2019	ZUT.TO vs HUTL.TO

Lowest Drawdown Alternatives to ZUT.TO

ZUT.TO alternatives from the Utilities Equities category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
UMAX.TO	Hamilton Utilities YIELD MAXIMIZER ETF	-6.23%	Jun 14, 2023	ZUT.TO vs UMAX.TO
UTIL.TO	Global X Equal Weight Canadian Utilities Index ETF	-6.43%	Aug 9, 2022	ZUT.TO vs UTIL.TO
ZWU.TO	BMO Covered Call Utilities ETF	-6.71%	Oct 20, 2011	ZUT.TO vs ZWU.TO
HUTL.TO	Harvest Equal Weight Global Utilities Income ETF	-7.17%	Jan 10, 2019	ZUT.TO vs HUTL.TO
XUT.TO	iShares S&P/TSX Capped Utilities Index ETF	-7.66%	Apr 12, 2011	ZUT.TO vs XUT.TO

Other ETFs from BMO

Most popular BMO ETFs on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
ZMMK.TO	BMO Money Market Fund ETF Series	Money Market	100	0.57%	Nov 28, 2021	ZUT.TO vs ZMMK.TO
ZSP.TO	BMO S&P 500 Index ETF	S&P 500	41	-2.67%	Nov 14, 2012	ZUT.TO vs ZSP.TO
ZEQT.TO	BMO All-Equity ETF	Global Equities	71	1.00%	Jan 24, 2022	ZUT.TO vs ZEQT.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	Canada Equities	93	4.54%	May 29, 2009	ZUT.TO vs ZCN.TO
ZEB.TO	BMO Equal Weight Banks Index ETF	Financials Equities	98	3.26%	Oct 19, 2009	ZUT.TO vs ZEB.TO
ZQQ.TO	BMO NASDAQ 100 Equity (CAD Hedged)	Large Cap Growth Equities	58	-5.43%	Jan 19, 2010	ZUT.TO vs ZQQ.TO
ZNQ.TO	BMO NASDAQ 100 Equity Index ETF	Large Cap Blend Equities	50	-3.70%	Feb 11, 2019	ZUT.TO vs ZNQ.TO
ZAG.TO	BMO Aggregate Bond Index ETF	Canadian Government Bonds	12	-0.11%	Jan 19, 2010	ZUT.TO vs ZAG.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	78	1.94%	Oct 21, 2011	ZUT.TO vs ZLB.TO
ZUQ.TO	BMO MSCI USA High Quality Index ETF	Large Cap Blend Equities	25	-1.91%	Nov 4, 2014	ZUT.TO vs ZUQ.TO

Often Compared With ZUT.TO

What investors most often compare with ZUT.TO, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	Dividend	97	8.80%	Nov 2, 2012	ZUT.TO vs VDY.TO
XMA.TO	iShares S&P/TSX Capped Materials Index ETF	Materials	92	14.00%	Dec 19, 2005	ZUT.TO vs XMA.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	Dividend, Large Cap Value Equities	93	7.90%	Jun 12, 2017	ZUT.TO vs XDIV.TO
ZWC.TO	BMO CA High Dividend Covered Call ETF	Derivative Income	95	6.72%	Feb 3, 2017	ZUT.TO vs ZWC.TO
VGRO.TO	Vanguard Growth ETF Portfolio	Diversified Portfolio	72	0.44%	Jan 25, 2018	ZUT.TO vs VGRO.TO
VCN.TO	Vanguard FTSE Canada All Cap Index ETF	Canada Equities	92	4.21%	Aug 2, 2013	ZUT.TO vs VCN.TO
XGI.TO	iShares S&P Global Industrials Index ETF (CAD-Hedg...	Industrials Equities	75	4.96%	Mar 26, 2013	ZUT.TO vs XGI.TO
NVHE.TO	Harvest NVIDIA Enhanced High Income Shares ETF	Derivative Income	77	-2.66%	Aug 19, 2024	ZUT.TO vs NVHE.TO
HHL.TO	Harvest Healthcare Leaders Income ETF	Health & Biotech Equities	12	-5.39%	Mar 10, 2020	ZUT.TO vs HHL.TO
XEQT.TO	iShares Core Equity ETF Portfolio	Global Equities	72	1.51%	Aug 7, 2019	ZUT.TO vs XEQT.TO
UTES.TO	Evolve Canadian Utilities Enhanced Yield Index Fun...	Derivative Income	89	10.78%	Sep 3, 2024	ZUT.TO vs UTES.TO
XSTH.TO	iShares 0-5 Year TIPS Bond Index ETF (CAD-Hedged)	Inflation-Protected Bonds	41	0.47%	Jul 6, 2021	ZUT.TO vs XSTH.TO
XEG.TO	iShares S&P/TSX Capped Energy Index ETF	Energy Equities	86	36.64%	Mar 19, 2001	ZUT.TO vs XEG.TO
FTS.TO	Fortis Inc.		85	10.47%	—	ZUT.TO vs FTS.TO
HTAE.TO	Harvest Tech Achievers Enhanced Income ETF - Class...	Technology Equities	33	-9.31%	Oct 20, 2022	ZUT.TO vs HTAE.TO
XDUH.TO	iShares Core MSCI US Quality Dividend Index ETF (C...	Large Cap Value Equities, Dividend	30	4.06%	Jun 13, 2017	ZUT.TO vs XDUH.TO
H.TO	Hydro One Limited		79	6.58%	—	ZUT.TO vs H.TO
XLU	Utilities Select Sector SPDR Fund	Utilities Equities	66	8.77%	Dec 16, 1998	ZUT.TO vs XLU
VPU	Vanguard Utilities ETF	Utilities Equities	65	8.24%	Jan 26, 2004	ZUT.TO vs VPU
VFV.TO	Vanguard S&P 500 Index ETF	S&P 500	43	-2.62%	Nov 2, 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

BMO Equal Weight Utilities Index ETF

Symbol name