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BMO Equal Weight Utilities Index ETF

ZUT.TO

BMO

BMO Equal Weight Utilities Index ETF (ZUT.TO) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 100.00%. Below: the fund under all five rulebooks, its facts and every holding with its own verdict.

Akinda fund screen

Akinda fund screen (AAOIFI-derived)Not halalCoverage: 100.00%
  • Halal 0.00%
  • Doubtful 0.00%
  • Not halal 100.00%
  • Not rated 0.00%

The bar is scaled to fit; the figures are as reported, and the buckets do not always total 100%.

Coverage is the share of the fund's weight we hold a usable verdict for. Below 95%, a fund is rated only when the weight we can see already breaches the 5% limit; otherwise it is not rated by this method.

Fund facts

Issuer
BMO
Venue (where it trades)
Canada
Domicile (where it is registered)
Canada
Reporting currency
CAD
Expense ratio
0.61%
AUM
876.51M CAD
Holdings
12 (12 screened)
Basket as of (provider)
23 Oct 2026
Basket fetched by Akinda
23 Oct 2026
Verdict updated
3 Nov 2026

Venue is where a fund trades; domicile is where it is registered. London-listed funds are domiciled in Ireland or Luxembourg, so use Venue for UK ETFs.

Five rulebooks

RulebookVerdictHalalNot halalSplit (0–100%)
Akinda fund screen (AAOIFI)Not halal0.00%100.00%
DJIMNot halal0.00%100.00%
FTSENot halal0.00%100.00%
MSCINot halal0.00%100.00%
S&PNot halal0.00%100.00%

Every bar uses the same 0–100% scale. Index rulebooks report only halal and not-halal weight; uncoloured weight is weight that rulebook does not classify. Coverage is published for the Akinda fund screen only.

The fund screen and the four index rulebooks answer different questions, so they are expected to disagree. A fund can be doubtful on our fund screen and halal under S&P; both are correct.

Holdings

1–12 of 12 holdings, largest first · basket as of 23 Oct 2026
No.HoldingWeightAkinda (AAOIFI)DJIMFTSEMSCIS&P
1
ACO-X.TOAtco Ltd
9.13%Not halalNot halalNot halalNot halalNot halal
2
FTS.TOFortis Inc
8.67%Not halalNot halalNot halalNot halalNot halal
3
TA.TOTRANSALTA CORP
8.66%Not halalNot halalNot halalNot halalNot halal
4
ALA.TOAltagas Ltd
8.60%Not halalNot halalNot halalNot halalNot halal
5
NPI.TONORTHLAND POWER INC
8.58%Not halalNot halalNot halalNot halalNot halal
6
H.TOHydro One Ltd
8.38%Not halalNot halalNot halalNot halalNot halal
7
BIP-UN.TOBROOKFIELD INFRASTRUCTURE PARTNERS LP
8.33%Not halalNot halalNot halalNot halalNot halal
8
EMA.TOEmera Inc
8.13%Not halalNot halalNot halalNot halalNot halal
9
CU.TOCanadian Utilities Ltd
8.02%Not halalNot halalNot halalNot halalNot halal
10
CPX.TOCapital Power Corp
8.01%Not halalNot halalNot halalNot halalNot halal
11
AQN.TOALGONQUIN POWER & UTILITIES CORP
7.94%Not halalNot halalNot halalNot halalNot halal
12
BEP-UN.TOBROOKFIELD RENEWABLE PARTNERS LP
7.61%Not halalNot halalNot halalNot halalNot halal

Not rated means we hold no usable verdict for that company; it is never treated as compliant.

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