ZSP at a Glance
| Feature |
Details |
| Full name |
BMO S&P 500 Index ETF |
| Ticker |
ZSP |
| Provider |
BMO Global Asset Management |
| Inception |
November 2012 |
| MER |
0.09% |
| Currency |
CAD (unhedged) |
| Distribution frequency |
Quarterly |
| Distribution yield |
~1.2% |
| Holdings |
~500 (S&P 500) |
| AUM |
$13B+ |
| Exchange |
TSX |
Top Holdings
| Company |
Weight |
| Apple |
~7% |
| Microsoft |
~6.5% |
| NVIDIA |
~6% |
| Amazon |
~3.8% |
| Alphabet |
~3.5% |
| Meta |
~2.5% |
| Berkshire Hathaway |
~2% |
| Broadcom |
~2% |
| Tesla |
~1.5% |
| JPMorgan |
~1.3% |
ZSP vs VFV vs VOO
| Feature |
ZSP |
VFV |
VOO |
| MER |
0.09% |
0.09% |
0.03% |
| Exchange |
TSX (CAD) |
TSX (CAD) |
NYSE (USD) |
| Currency |
Unhedged |
Unhedged |
USD |
| Provider |
BMO |
Vanguard |
Vanguard |
| AUM |
$13B+ |
$9B+ |
$500B+ (USD) |
| Performance |
Identical |
Identical |
Slightly higher (lower MER) |
Who Should Buy ZSP
| Profile |
Suitable? |
| Want S&P 500 in CAD |
✅ Ideal |
| Prefer BMO over Vanguard |
✅ Equivalent to VFV |
| Want cheapest option possible |
⚠️ VOO is 0.03% in USD |
| Want global diversification |
⚠️ US-only — consider XEQT |