UTIL vs. ZUT ETF Comparison

Comparison of Horizons Canadian Utility Services High Dividend Index ETF (UTIL) to BMO Equal Weight Utilities Index ETF (ZUT)

UTIL

Horizons Canadian Utility Services High Dividend Index ETF

UTIL Description

Horizons Canadian Utility Services High Dividend Index ETF is an exchange traded fund launched and managed by Horizons ETFs Management (Canada) Inc. The fund invests in public equity markets of Canada. The fund invests in stocks of companies operating across communication services, telecommunication services, energy, oil, gas and consumable fuels, oil and gas storage transportation, natural gas pipelines, oil and gas pipelines sectors. It invests in growth and value stocks of companies across diversified market capitalization. It invests in dividend paying stocks of companies. The fund seeks to track the performance of the Solactive Canadian Utility Services High Dividend Index, by using full replication technique. Horizons Canadian Utility Services High Dividend Index ETF was formed on August 9, 2022 and is domiciled in Canada.

Grade (RS Rating)

Last Trade

$22.20

Average Daily Volume

804

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

ZUT

BMO Equal Weight Utilities Index ETF

ZUT Description

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

Grade (RS Rating)

Last Trade

$21.92

Average Daily Volume

43,955

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

Performance

Period	UTIL	ZUT
30 Days	-1.51%	-3.99%
60 Days	-1.64%	-1.19%
90 Days	3.69%	4.76%
12 Months	11.75%	13.19%

2 Overlapping Holdings

	Symbol	Grade	Weight in UTIL	Weight in ZUT	Overlap
	BIP.UN	B	9.03%	7.28%	7.28%
	EMA	C	8.53%	6.92%	6.92%

UTIL Overweight 8 Positions Relative to ZUT

	Symbol	Grade	Weight
	TRP	A	9.1%
	H	C	8.79%
	PPL	A	8.44%
	ENB	A	8.41%
	FTS	A	8.38%
	ALA	C	8.18%
	BCE	F	7.73%
	T	D	7.69%

UTIL Underweight 7 Positions Relative to ZUT

	Symbol	Grade	Weight
	TA	B	-7.83%
	BEP.UN	D	-7.43%
	INE	D	-7.41%
	BLX	D	-7.31%
	NPI	D	-7.23%
	CPX	B	-7.02%
	CU	C	-6.96%

UTIL: Top Represented Industries & Keywords

Industries: Oil & Gas Midstream Telecom Services Utilities - Diversified Utilities - Regulated Electric

Keywords: Energy Natural Gas Communications Electricity Infrastructure Liquids S&P/Tsx 60 Index Storage Utilities Energy Infrastructure Energy Segment Gas Storage Natural Gas Liquids Natural Gas Storage Pipe Pipeline Telecommunications Transport Transportation Utilities Segment

ZUT: Top Represented Industries & Keywords

Industries: Utilities - Independent Power Producers Utilities - Diversified Utilities - Regulated Electric

Keywords: Energy Electricity Natural Gas Solar Renewable Energy Utilities Power Producer Rook Universe Wind Power Alberta Electricity Policy Biomass Brookfield Coal Construction Electricity Generation Energy Segment Farm Gas Transmission Infrastructure