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BMO Equal Weight Utilities Index ETF (ZUT : TSX)

Sector Equity

Fundata ESG GradeD Click for more information on Fundata’s ESG Grade

Fundata ESG Grade D

Click for more information on Fundata’s ESG Grade.

Close
(11-11-2024)
$21.91
Change
-$0.09 (-0.41%)
Open $22.00
Day Range $21.89 - $22.14
Volume 30,376

As at October 31, 2024

As at October 31, 2024

As at July 31, 2024

Period
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Legend

BMO Equal Weight Utilities Index ETF

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Fund Returns

Inception Return (January 20, 2010): 7.30%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund -2.39% 7.07% 21.47% 13.05% 28.96% 1.26% -0.13% 3.43% 6.88% 10.56% 7.16% 7.68% 9.02% 8.08%
Benchmark 0.85% 5.30% 12.95% 18.24% 32.06% 15.16% 8.05% 15.02% 11.33% 11.65% 9.36% 9.62% 9.96% 8.41%
Category Average -0.53% 9.77% 9.77% 16.72% 32.24% 20.53% 3.94% 10.10% 11.91% 11.88% 11.02% 12.07% 11.03% 11.60%
Category Rank 150 / 202 13 / 195 2 / 191 103 / 189 91 / 189 137 / 156 111 / 147 110 / 132 94 / 127 52 / 116 71 / 101 66 / 86 42 / 86 59 / 78
Quartile Ranking 3 1 1 3 2 4 4 4 3 2 3 4 2 4

Monthly Return

Monthly Return
Return % Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
Fund 9.20% 4.47% -2.49% -2.71% 0.58% -2.46% 9.36% -1.85% 5.70% 1.25% 8.33% -2.39%
Benchmark 7.48% 3.91% 0.55% 1.82% 4.14% -1.82% 2.77% -1.42% 5.87% 1.22% 3.15% 0.85%

Best Monthly Return Since Inception

9.36% (May 2024)

Worst Monthly Return Since Inception

-9.39% (September 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 12.42% -1.36% 20.53% 8.46% -7.92% 35.79% 28.23% 5.56% -8.66% -5.35%
Benchmark 10.55% -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75%
Category Average 17.30% 16.21% -0.43% 20.39% 1.55% 22.37% 29.99% 15.34% -25.24% 26.53%
Quartile Ranking 4 4 1 4 4 1 2 4 2 4
Category Rank 65/ 68 71/ 79 4/ 86 72/ 86 91/ 106 15/ 117 61/ 127 107/ 132 52/ 149 144/ 161

Best Calendar Return (Last 10 years)

35.79% (2019)

Worst Calendar Return (Last 10 years)

-8.66% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 85.01
Income Trust Units 14.65
Cash and Equivalents 0.34

Sector Allocation

Sector Allocation
Name Percent
Utilities 92.16
Industrial Goods 7.50
Cash and Cash Equivalent 0.34

Geographic Allocation

Geographic Allocation
Name Percent
North America 85.35
Latin America 14.65

Top Holdings

Top Holdings
Name Percent
TransAlta Corp 8.33
Capital Power Corp 8.26
Brookfield Infrastructure Partners LP - Units 7.50
Atco Ltd Cl B 7.43
Brookfield Renewable Partners LP - Units 7.15
Canadian Utilities Ltd Cl A 7.08
Emera Inc 6.99
Boralex Inc Cl A 6.96
Fortis Inc 6.91
Northland Power Inc 6.72

Equity Style

Market capitalization is medium. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

BMO Equal Weight Utilities Index ETF

Median

Other - Sector Equity

3 Yr Annualized

Standard Deviation 16.09% 15.42% 13.07%
Beta 0.72% 0.55% 0.57%
Alpha -0.05% 0.01% 0.04%
Rsquared 0.36% 0.31% 0.30%
Sharpe -0.15% 0.36% 0.54%
Sortino -0.17% 0.49% 0.69%
Treynor -0.03% 0.10% 0.12%
Tax Efficiency - 76.17% 78.82%
Volatility Volatility rating is 9 on a scale of 1 to 10 Volatility rating is 7 on a scale of 1 to 10 Volatility rating is 7 on a scale of 1 to 10

Risk Rating

Rating 9 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 16.97% 16.09% 15.42% 13.07%
Beta 1.32% 0.72% 0.55% 0.57%
Alpha -0.11% -0.05% 0.01% 0.04%
Rsquared 0.55% 0.36% 0.31% 0.30%
Sharpe 1.32% -0.15% 0.36% 0.54%
Sortino 4.05% -0.17% 0.49% 0.69%
Treynor 0.17% -0.03% 0.10% 0.12%
Tax Efficiency 93.04% - 76.17% 78.82%

Fundata ESG Metrics

Fundata ESG Score

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

Fund Details

Start Date January 20, 2010
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $539
52 Week High $23.17
52 Week Low $17.93
Annual Dividend $0.90
Annual Yield -
Index Solactive Equal Weight Canada Utilities Index
Shares Outstanding -
Registered Plan Eligible Yes

ETF Characteristics

Exposure 1x performance
Asset Class High -
Asset Class Medium -
Asset Class Low -
Leveraged -
Inverse -
Advisor Series -
Covered Call Strategy No

Investment Objectives

BMO Equal Weight Utilities Index ETF has been designed to replicate, to the extent possible, the performance of the Solactive Equal Weight Canada Utilities Index net of expenses.

Investment Strategy

The Fund invests in and holds the Constituent Securities of the Index in the same proportion as they are reflected in the Index.

Portfolio Manager(s)

Name Start Date
BMO Asset Management Inc. 01-19-2010

Management and Organization

Fund Manager BMO Asset Management Inc.
Advisor BMO Asset Management Inc.
Custodian State Street Trust Company Canada
Registrar State Street Trust Company Canada
Distributor -
Auditor PriceWaterhouseCoopers LLP

Fees

MER 0.62%
Management Fee 0.55%

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