BMO Equal Weight Utilities Index ETF (TSX: ZUT)
Canada
· Delayed Price · Currency is CAD 20.42
0.00 (0.00%)
May 17, 2024, 3:59 PM EDT
-12.36% (1Y)
| Assets | 428.60M |
| Expense Ratio | 0.61% |
| PE Ratio | 17.48 |
| Dividend (ttm) | 0.90 |
| Dividend Yield | 4.41% |
| Ex-Dividend Date | Apr 26, 2024 |
| Payout Frequency | Monthly |
| Payout Ratio | 77.05% |
| 1-Year Return | -12.62% |
| Volume | 41,664 |
| Open | 20.47 |
| Previous Close | 20.42 |
| Day's Range | 20.30 - 20.47 |
| 52-Week Low | 17.82 |
| 52-Week High | 23.45 |
| Beta | 0.57 |
| 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 TSX
Ticker Symbol ZUT
Provider BMO
Index Tracked Solactive Equal Weight Canada Utilities Index - CAD
Performance
ZUT had a total return of -12.62% in the past year. Since the fund's inception, the average annual return has been 2.30%, including dividends.
Top 10 Holdings
72.70% of assets| Name | Symbol | Weight |
|---|---|---|
| Brookfield Renewable Partners L.P. | BEP.UN | 8.04% |
| ATCO Ltd. | ACO.X | 7.32% |
| AltaGas Ltd. | ALA | 7.30% |
| Boralex Inc. | BLX | 7.24% |
| TransAlta Corporation | TA | 7.22% |
| Innergex Renewable Energy Inc. | INE | 7.21% |
| Algonquin Power & Utilities Corp. | AQN | 7.20% |
| Emera Incorporated | EMA | 7.09% |
| Fortis Inc. | FTS | 7.05% |
| Canadian Utilities Limited | CU | 7.03% |
Dividend History
| Ex-Dividend | Amount |
|---|---|
| Apr 26, 2024 | 0.075 CAD |
| Mar 27, 2024 | 0.075 CAD |
| Feb 27, 2024 | 0.075 CAD |
| Jan 29, 2024 | 0.075 CAD |
| Dec 27, 2023 | 0.075 CAD |
| Nov 28, 2023 | 0.075 CAD |