A side-by-side comparison of Invesco S&P 500 ESG Index ETF (ESG) and BMO S&P 500 (ZSP) to help Canadian investors make an informed decision.
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1-Year Performance
Normalised to 100 at the start — shows relative return over the trailing 12 months.
Head-to-Head Comparison
| Metric | ESG | ZSP |
|---|---|---|
| YTD Return | +13.11%✓ | +12.54% |
| 1-Day Change | -0.20%✓ | -0.58% |
| 1-Week Change | +0.36%✓ | +0.06% |
| 1-Month Change | +3.95%✓ | +2.52% |
| Current Price | $56.25 | $116.02 |
| AUM | $1.09B | $23.94B✓ |
| MER (Expense Ratio) | 0% | 0% |
| Dividend Yield | 0.76%✓ | 0.75% |
| Distribution Frequency | — | Quarterly |
| Inception Date | 2020-03-05 | 2012-11-14 |
| Holdings Count | 10 | 10 |
| MorningStar Rating | ★★★★★ | ★★★★ |
| Category | US Equity | US Equity |
| Beta | 0.95 | 0.99 |
| 52-Week High | $56.50 | $116.98 |
| 52-Week Low | $43.26 | $90.53 |
| 50-Day MA | $53.23 | $110.81 |
| 200-Day MA | $50.58 | $104.75 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | ESG | ZSP |
|---|---|---|
| YTD | +13.11%✓ | +12.54% |
| 1 Year | +31.30%✓ | +27.62% |
| 3 Year | +22.75% | +22.77%✓ |
| 5 Year | +17.19%✓ | +16.33% |
| 10 Year | — | +16.08% |
| 1Y Volatility | 10.82% | 11.94% |
| Sharpe Ratio (3Y) | 1.53 | 1.55 |
Past performance is not a guarantee of future results.
Top 10 Holdings
| 1 | NVDA | NVIDIA Corporation | 12.90% |
| 2 | MSFT | Microsoft Corporation | 8.42% |
| 3 | GOOGL | Alphabet Inc Class A | 5.57% |
| 4 | GOOG | Alphabet Inc Class C | 4.42% |
| 5 | MU | Micron Technology Inc | 2.75% |
| 6 | LLY | Eli Lilly and Company | 2.20% |
| 7 | V | Visa Inc. Class A | 1.38% |
| 8 | INTC | Intel Corporation | 1.35% |
| 9 | WMT | Walmart Inc. | 1.28% |
| 10 | CSCO | Cisco Systems Inc | 1.20% |
| 1 | NVDA | NVIDIA Corporation | 8.17% |
| 2 | AAPL | Apple Inc | 7.08% |
| 3 | MSFT | Microsoft Corporation | 4.86% |
| 4 | AMZN | Amazon.com Inc | 4.07% |
| 5 | GOOGL | Alphabet Inc Class A | 3.48% |
| 6 | AVGO | Broadcom Inc | 3.07% |
| 7 | GOOG | Alphabet Inc Class C | 2.78% |
| 8 | META | Meta Platforms Inc. | 2.09% |
| 9 | TSLA | Tesla Inc | 1.87% |
| 10 | BRK-B | Berkshire Hathaway Inc | 1.40% |
Sector Weights
| Sector | ESG | ZSP |
|---|---|---|
| Basic Materials | 1.96% | 1.74% |
| Communication Services | 12.56% | 11.01% |
| Consumer Cyclicals | 4.98% | 9.83% |
| Consumer Defensive | 5.07% | 4.75% |
| Energy | 2.68% | 3.29% |
| Financial Services | 12.30% | 11.12% |
| Healthcare | 10.62% | 8.21% |
| Industrials | 8.22% | 7.99% |
| Real Estate | 2.21% | 1.83% |
| Technology | 38.02% | 38.05% |
| Utilities | 1.39% | 2.15% |
About ESG
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About ZSP
BMO S&P 500 (ZSP.TO) is a Canadian-listed ETF traded on the Toronto Stock Exchange. More detailed information will be available soon.
Which ETF is Right for You?
Both ESG and ZSP are listed on Canadian exchanges and accessible through most Canadian brokerages including Questrade, Wealthsimple Trade, TD Direct, and Interactive Brokers.
Based on the available data, ESG scores higher across our tracked metrics including YTD performance, dividend yield, and AUM — though both ETFs warrant individual research before investing.
- Consider your account type (TFSA, RRSP, non-registered) as it can affect dividend taxation.
- Compare management expense ratios (MER) directly on each provider's website.
- Look at average daily trading volume to assess liquidity.
- Review the fund's underlying index and holdings to ensure the exposure matches your goals.
This is not financial advice. Always do your own research or consult a licensed financial advisor before investing.
Frequently Asked Questions
What is the difference between ESG and ZSP?
ESG (Invesco S&P 500 ESG Index ETF) and ZSP (BMO S&P 500) are both Canadian-listed ETFs. Key differences include their AUM ($1.09B vs $23.94B), dividend yield (0.76% vs 0.75%), and year-to-date performance (+13.11% vs +12.54%).
Is ESG better than ZSP?
There is no single "better" ETF — it depends on your investment goals. If you prioritise recent performance, ESG has outperformed year-to-date. Always review the fund's prospectus and consider your tax situation.
Can I buy ESG and ZSP on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both ESG and ZSP should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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