BMO Equal Weight Utilities Index ETF (TSX: ZUT)
Canada
· Delayed Price · Currency is CAD 20.00
+0.20 (1.01%)
Jul 3, 2024, 3:59 PM EDT
-8.76% (1Y)
| Assets | 443.20M |
| Expense Ratio | 0.61% |
| PE Ratio | 16.11 |
| Dividend (ttm) | 0.90 |
| Dividend Yield | 4.50% |
| Ex-Dividend Date | Jun 27, 2024 |
| Payout Frequency | Monthly |
| Payout Ratio | 72.50% |
| 1-Year Return | -9.26% |
| Volume | 29,893 |
| Open | 19.83 |
| Previous Close | 19.80 |
| Day's Range | n/a |
| 52-Week Low | 17.82 |
| 52-Week High | 22.50 |
| Beta | 0.61 |
| Holdings | 15 |
| Inception Date | Jan 19, 2010 |
About ZUT
The fund is passively managed to provide exposure to the utilities sector in Canada. To be eligible for inclusion, companies should be TSX-listed and must meet investability and liquidity requirements, including a minimum market capitalization of CAD 1 billion. The index weights the resulting portfolio equally, instead of by market-cap, which lowers single-name blow-up risk and may cause a tilt to smaller firms. The index is reconstituted on a semi-annual basis.
Asset Class Equity
Category Utilities
Region North America
Stock Exchange Toronto Stock Exchange
Ticker Symbol ZUT
Provider BMO
Index Tracked Solactive Equal Weight Canada Utilities Index - CAD
Performance
ZUT had a total return of -6.50% in the past year. Since the fund's inception, the average annual return has been 2.14%, including dividends.
Top 10 Holdings
73.35% of assets| Name | Symbol | Weight |
|---|---|---|
| Innergex Renewable Energy Inc. | INE | 8.37% |
| Boralex Inc. | BLX | 7.75% |
| AltaGas Ltd. | ALA | 7.52% |
| Brookfield Renewable Partners L.P. | BEP.UN | 7.38% |
| TransAlta Corporation | TA | 7.33% |
| ATCO Ltd. | ACO.X | 7.22% |
| Capital Power Corporation | CPX | 7.04% |
| Northland Power Inc. | NPI | 7.00% |
| Fortis Inc. | FTS | 6.94% |
| Hydro One Limited | H | 6.80% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 27, 2024 | 0.075 CAD | Jul 3, 2024 |
| May 30, 2024 | 0.075 CAD | Jun 4, 2024 |
| Apr 26, 2024 | 0.075 CAD | May 2, 2024 |
| Mar 27, 2024 | 0.075 CAD | Apr 2, 2024 |
| Feb 27, 2024 | 0.075 CAD | Mar 4, 2024 |
| Jan 29, 2024 | 0.075 CAD | Feb 2, 2024 |