PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
HUTE.TO vs. ZUT.TO
Performance
Return for Risk
Dividends
Drawdowns
Volatility

HUTE.TO vs. ZUT.TO

Last updated Apr 1, 2026

Compare and contrast key facts about Harvest Equal Weight Global Utilities Enhanced Income ETF (HUTE.TO) and BMO Equal Weight Utilities Index ETF (ZUT.TO).

HUTE.TO and ZUT.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HUTE.TO is an actively managed fund by Harvest. It was launched on Oct 25, 2022. ZUT.TO is a passively managed fund by BMO that tracks the performance of the Solactive Equal Weight Canada Utilities Index. It was launched on Jan 19, 2010.

Performance

HUTE.TO vs. ZUT.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Harvest Equal Weight Global Utilities Enhanced Income ETF (HUTE.TO) and BMO Equal Weight Utilities Index ETF (ZUT.TO). The values are adjusted to include any dividend payments, if applicable.

Loading graphics...

HUTE.TO vs. ZUT.TO - Yearly Performance Comparison

2026 (YTD)2025202420232022
HUTE.TO
Harvest Equal Weight Global Utilities Enhanced Income ETF		12.55%19.04%18.15%0.09%7.10%
ZUT.TO
BMO Equal Weight Utilities Index ETF		15.64%15.25%14.13%-5.37%-1.16%

Returns By Period

In the year-to-date period, HUTE.TO achieves a 12.55% return, which is significantly lower than ZUT.TO's 15.64% return.

HUTE.TO

1D
-1.14%
1M
-2.25%
YTD
12.55%
6M
13.89%
1Y
21.46%
3Y*
14.98%
5Y*
—
10Y*
—

ZUT.TO

1D
0.73%
1M
3.27%
YTD
15.64%
6M
14.44%
1Y
28.59%
3Y*
11.46%
5Y*
6.39%
10Y*
10.41%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Harvest Equal Weight Global Utilities Enhanced Income ETF

BMO Equal Weight Utilities Index ETF

Often compared with HUTE.TO:
HUTE.TO vs. HUTL.TOHUTE.TO vs. HHL.TOHUTE.TO vs. BMAX.TOHUTE.TO vs. HYLD.TOHUTE.TO vs. HDIV.TOHUTE.TO vs. FTS.TOHUTE.TO vs. ZWP.TO
Often compared with ZUT.TO:
ZUT.TO vs. XUT.TOZUT.TO vs. ZWU.TOZUT.TO vs. ZLB.TOZUT.TO vs. VDY.TOZUT.TO vs. XMA.TOZUT.TO vs. XDIV.TOZUT.TO vs. ZWC.TO

HUTE.TO vs. ZUT.TO - Expense Ratio Comparison

HUTE.TO has a 0.50% expense ratio, which is lower than ZUT.TO's 0.61% expense ratio.

ZUT.TO
BMO Equal Weight Utilities Index ETF
HUTE.TO
Harvest Equal Weight Global Utilities Enhanced Income ETF

Return for Risk

HUTE.TO vs. ZUT.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
HUTE.TO
HUTE.TO Risk / Return Rank: 8181
Overall Rank
HUTE.TO Sharpe Ratio Rank: 8181
Sharpe Ratio Rank
HUTE.TO Sortino Ratio Rank: 7979
Sortino Ratio Rank
HUTE.TO Omega Ratio Rank: 8282
Omega Ratio Rank
HUTE.TO Calmar Ratio Rank: 8282
Calmar Ratio Rank
HUTE.TO Martin Ratio Rank: 8383
Martin Ratio Rank
ZUT.TO
ZUT.TO Risk / Return Rank: 9292
Overall Rank
ZUT.TO Sharpe Ratio Rank: 9696
Sharpe Ratio Rank
ZUT.TO Sortino Ratio Rank: 9696
Sortino Ratio Rank
ZUT.TO Omega Ratio Rank: 9696
Omega Ratio Rank
ZUT.TO Calmar Ratio Rank: 9292
Calmar Ratio Rank
ZUT.TO Martin Ratio Rank: 7979
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HUTE.TO vs. ZUT.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harvest Equal Weight Global Utilities Enhanced Income ETF (HUTE.TO) and BMO Equal Weight Utilities Index ETF (ZUT.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

HUTE.TOZUT.TODifference

Sharpe ratio

Return per unit of total volatility

1.55

2.43

-0.88

Sortino ratio

Return per unit of downside risk

2.04

3.13

-1.09

Omega ratio

Gain probability vs. loss probability

1.32

1.49

-0.18

Calmar ratio

Return relative to maximum drawdown

2.37

3.23

-0.86

Martin ratio

Return relative to average drawdown

9.38

8.12

+1.27

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HUTE.TO vs. ZUT.TO - Sharpe Ratio Comparison

The current HUTE.TO Sharpe Ratio is 1.55, which is lower than the ZUT.TO Sharpe Ratio of 2.43. The chart below compares the historical Sharpe Ratios of HUTE.TO and ZUT.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Loading graphics...

Sharpe Ratios by Period

HUTE.TOZUT.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.55

2.43

-0.88

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.46

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.63

—

Sharpe Ratio (All Time)

Calculated using the full available price history

1.17

0.57

+0.61

Correlation

The correlation between HUTE.TO and ZUT.TO is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

HUTE.TO vs. ZUT.TO - Dividend Comparison

HUTE.TO's dividend yield for the trailing twelve months is around 8.09%, more than ZUT.TO's 2.92% yield.

TTM20252024202320222021202020192018201720162015
HUTE.TO
Harvest Equal Weight Global Utilities Enhanced Income ETF		8.09%9.64%10.24%10.70%1.61%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
ZUT.TO
BMO Equal Weight Utilities Index ETF		2.92%3.44%3.98%4.35%3.95%3.25%3.31%4.00%4.59%3.71%3.98%4.63%

Drawdowns

HUTE.TO vs. ZUT.TO - Drawdown Comparison

The maximum HUTE.TO drawdown since its inception was -18.36%, smaller than the maximum ZUT.TO drawdown of -37.08%. Use the drawdown chart below to compare losses from any high point for HUTE.TO and ZUT.TO.

Loading graphics...

Drawdown Indicators

HUTE.TOZUT.TODifference

Max Drawdown

Largest peak-to-trough decline

-18.36%

-37.08%

+18.72%

Max Drawdown (1Y)

Largest decline over 1 year

-9.03%

-8.96%

-0.07%

Max Drawdown (5Y)

Largest decline over 5 years

—

-32.42%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-37.08%

—

Current Drawdown

Current decline from peak

-2.57%

0.00%

-2.57%

Average Drawdown

Average peak-to-trough decline

-3.94%

-6.37%

+2.43%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.29%

3.56%

-1.27%

Volatility

HUTE.TO vs. ZUT.TO - Volatility Comparison

Harvest Equal Weight Global Utilities Enhanced Income ETF (HUTE.TO) and BMO Equal Weight Utilities Index ETF (ZUT.TO) have volatilities of 4.61% and 4.76%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Loading graphics...

Volatility by Period

HUTE.TOZUT.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

4.61%

4.76%

-0.15%

Volatility (6M)

Calculated over the trailing 6-month period

7.87%

8.47%

-0.60%

Volatility (1Y)

Calculated over the trailing 1-year period

13.94%

11.83%

+2.11%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.26%

13.91%

+0.35%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.26%

16.48%

-2.22%