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ZEB - ETF Review - 2024BMO Equal Weight Utilities Index ETF has been designed to replicate, to the extent possible, the performance of the Solactive Equal Weight Canada Utilities. The ETF seeks to replicate, to the extent possible, the performance of an equal weight utilities companies index, net of expenses. Currently, the ETF seeks to. ZUT - BMO Equal Weight Utilities Index ETF. More about this fund: Overview, Price & Performance, Fund Details, ESG Information, Tax & Distributions, Holdings.