Question 1

What is ZUT?

Accepted Answer

ZUT (BMO Equal Weight Utilities Index ETF) is a Canadian-listed ETF trading on the TSX. It tracks the Morningstar Global Markets GR CAD.

Question 2

What is the ZUT ETF price today?

Accepted Answer

ZUT last traded at $28.72 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the ZUT MER (management expense ratio)?

Accepted Answer

ZUT has a management expense ratio (MER) of 0% per year. This fee is automatically deducted from the fund's assets, so you never pay it directly — but it does reduce your net returns over time. At 0%, ZUT is considered a low-cost ETF.

Question 4

What are ZUT annualised returns?

Accepted Answer

ZUT historical returns: YTD: +12.94%, 1-year: +8.52%, 3-year annualised: +21.09%, 5-year annualised: +6.30%, 10-year annualised: +9.92%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 0.92, which measures risk-adjusted return.

Question 5

Does ZUT pay dividends or distributions?

Accepted Answer

Yes, ZUT distributes income to unitholders. The current distribution yield is approximately 2.90%, paid monthly. Distributions may include dividends, interest, capital gains, or return of capital depending on the fund's holdings. In a TFSA or RRSP, distributions are sheltered from tax.

Question 6

What does ZUT invest in?

Accepted Answer

ZUT's top holdings include TransAlta Corp (TA, 9.1%), Northland Power Inc. (NPI, 8.7%), AltaGas Ltd (ALA, 8.5%), ATCO Ltd (ACO-X, 8.6%), Canadian Utilities Limited (CU, 8.7%) — and 5 more positions. See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar Global Markets GR CAD.

Question 7

What sectors does ZUT invest in?

Accepted Answer

ZUT's largest sector exposures are Utilities (95.1%), Energy (8.1%), Healthcare (0.0%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is ZUT? (Assets under management)

Accepted Answer

ZUT has approximately $854M in assets under management (AUM). Larger AUM generally means better liquidity, tighter bid-ask spreads, and a lower risk of the fund being wound down.

Question 9

When was ZUT launched?

Accepted Answer

ZUT was launched on January 19, 2010, giving it a 16-year track record. A longer history makes it easier to evaluate how the ETF performs across different market cycles.

Question 10

How do I buy ZUT in Canada?

Accepted Answer

ZUT trades on the TSX under the ticker ZUT. You can buy it through any Canadian brokerage, including Wealthsimple Trade (commission-free), Questrade, TD Direct Investing, RBC Direct, and CIBC Investor's Edge. It can be held in a TFSA, RRSP, FHSA, or taxable account.

Question 11

How risky is ZUT?

Accepted Answer

ZUT has a 1-year volatility of 14.20% and a beta of 0.32 (less volatile than the broad market). Its 3-year Sharpe ratio of 0.92 indicates moderate risk-adjusted returns. As with all market-linked investments, past volatility does not predict future risk.

Date	Open	High	Low	Close	Adj Close	Volume
2026-10-22	$28.61	$28.72	$28.55	$28.72	$28.72	14,625
2026-10-21	$28.48	$28.86	$28.48	$28.66	$28.66	82,546
2026-10-20	$28.32	$28.51	$28.32	$28.44	$28.44	13,239
2026-10-19	$28.64	$28.64	$28.21	$28.35	$28.35	22,915
2026-10-16	$28.46	$28.72	$28.46	$28.68	$28.68	25,329
2026-10-15	$28.43	$28.54	$28.32	$28.49	$28.49	15,877
2026-10-14	$28.38	$28.40	$28.13	$28.36	$28.36	51,915
2026-10-13	$28.60	$28.60	$28.25	$28.39	$28.39	15,248
2026-10-09	$28.38	$28.58	$28.38	$28.53	$28.53	54,600
2026-10-08	$28.39	$28.57	$28.23	$28.36	$28.36	29,636

#	Ticker	Name	Weight
1	TA	TransAlta Corp	9.15%
2	NPI	Northland Power Inc.	8.72%
3	ALA	AltaGas Ltd	8.50%
4	ACO-X	ATCO Ltd	8.60%
5	CU	Canadian Utilities Limited	8.72%
6	CPX	Capital Power Corporation	8.69%
7	FTS	Fortis Inc	8.30%
8	EMA	Emera Inc.	8.20%
9	BIP-UN	Brookfield Infrastructure Partners L.P	7.93%
10	H	Hydro One Ltd	8.51%

Sector	Weight
Utilities	95.05%
Energy	8.11%
Healthcare	0.00%
Technology	0.00%
Industrials	0.00%
Real Estate	0.00%
Basic Materials	0.00%
Consumer Cyclicals	0.00%
Consumer Defensive	0.00%
Financial Services	0.00%
Communication Services	0.00%

Ticker	Name	Price	1D
SOXD		$18.09	+20.44%
CGMD		$6.95	+16.03%
GASD		$5.54	+12.37%
GDXD	BetaPro Canadian Gold Miners -2x Daily Bear ETF	$9.75	+12.33%
SLVD	BetaPro Silver -2x Daily Bear ETF	$42.12	+11.75%
MSTZ		$1.97	+11.30%
CSUU		$12.05	+9.95%
QQQD		$7.28	+8.66%

BMO Equal Weight Utilities Index ETF (ZUT : TSX)

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

ETF Details

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Frequently Asked Questions — ZUT

What is ZUT?

What is the ZUT ETF price today?

What is the ZUT MER (management expense ratio)?

What are ZUT annualised returns?

Does ZUT pay dividends or distributions?

What does ZUT invest in?

What sectors does ZUT invest in?

How large is ZUT? (Assets under management)

When was ZUT launched?

How do I buy ZUT in Canada?

How risky is ZUT?

Recent ETF movers

ZUT.TO news timeline

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October 2022

Period	Return
YTD	+12.94%
1 Year	+8.52%
3 Year (Ann.)	+21.09%
5 Year (Ann.)	+6.30%
10 Year (Ann.)	+9.92%
1Y Volatility	14.20%
Sharpe Ratio (3Y)	0.92