Evolve Canadian Utilities Enhanced Yield Index Fund (UTES)

Evolve Canadian Utilities Enhanced Yield Index Fund (UTES $9.44)
- $9.44 P/E (TTM): 18.1X Cap: $219M
- View UTES Profile
- View Questions on UTES

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BMO Equal Weight Utilities Index ETF (ZUT $25.47)
- $25.47 P/E (TTM): 17.63X Cap: $802M
- View ZUT Profile
- View Questions on ZUT
Harvest Equal Weight Global Utilities Income ETF (HUTL $18.47)
- $18.47 P/E (TTM): 17.34X Cap: $392M
- View HUTL Profile
- View Questions on HUTL
Hamilton Enhanced Utilities ETF (HUTS $14.39)
- $14.39 P/E (TTM): 18.09X Cap: $159M
- View HUTS Profile
- View Questions on HUTS
Evolve Canadian Utilities Enhanced Yield Index Fund (UTES $9.44)
- $9.44 P/E (TTM): 18.1X Cap: $219M
- View UTES Profile
- View Questions on UTES

Q: Hi fellows,

Looking for a utilities ETF for a growth portfolio.

What do you think of HUTS-T, HUTL-T, UTES-n (Virtus Reaves Utilities ETF)?

Any other coming to mind?

Many thanks,

Jacques IDS

Read Answer Asked by Jacques on October 21, 2025

BMO Equal Weight Utilities Index ETF (ZUT $25.47)
- $25.47 P/E (TTM): 17.63X Cap: $802M
- View ZUT Profile
- View Questions on ZUT
Hamilton Utilities YIELD MAXIMIZER TM ETF (UMAX $13.50)
- $13.50 P/E (TTM): 19.81X Cap: $926M
- View UMAX Profile
- View Questions on UMAX
Evolve Canadian Utilities Enhanced Yield Index Fund (UTES $9.44)
- $9.44 P/E (TTM): 18.1X Cap: $219M
- View UTES Profile
- View Questions on UTES

Q: UMAX = covered call, UTES= covered call + 1,25% leverage. In a downtrend, UTES would probably go down around 25% more than umax (ex -10% vs -12,5%...) and ZUT.Since the markets are presently high +the economics, do you believe that there could be a significant probability of a downtrend in 2025 and in such case ,would it be safer to sell UTES for ZUT now (or another stock), in order to reduce the risk ?

Read Answer Asked by Jean-Yves on September 03, 2025

BMO Canadian Dividend ETF (ZDV $26.32)
- $26.32 P/E (TTM): 13.42X Cap: $1.33B
- View ZDV Profile
- View Questions on ZDV
BMO Equal Weight Utilities Index ETF (ZUT $25.47)
- $25.47 P/E (TTM): 17.63X Cap: $802M
- View ZUT Profile
- View Questions on ZUT
iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV $35.62)
- $35.62 P/E (TTM): 10.17X Cap: $3.35B
- View XDIV Profile
- View Questions on XDIV
Hamilton Canadian Financials YIELD MAXIMIZER TM ETF (HMAX $15.61)
- $15.61 P/E (TTM): 9.31X Cap: $1.70B
- View HMAX Profile
- View Questions on HMAX
Hamilton Utilities YIELD MAXIMIZER TM ETF (UMAX $13.50)
- $13.50 P/E (TTM): 19.81X Cap: $926M
- View UMAX Profile
- View Questions on UMAX
Evolve Canadian Utilities Enhanced Yield Index Fund (UTES $9.44)
- $9.44 P/E (TTM): 18.1X Cap: $219M
- View UTES Profile
- View Questions on UTES

Q: Hi,

I’m a real estate investor and I love monthly distributions—HMAX and UMAX felt a lot like collecting rent. However, after realizing a significant portion of their payouts is ROC, I’m exploring alternatives that offer high dividends, low ROC, DRIP eligibility, and potential capital appreciation.

My horizon is 20+ years. Could you suggest 2–3 ETF ideas in Financials and Utilities that fit this profile in the Canadian market ideally or global.

Thanks,

Read Answer Asked by Richard on August 25, 2025