Question 1

What is ZSP?

Accepted Answer

ZSP (BMO S&P 500 Index ETF) is a Canadian-listed ETF trading on the TSX in the US Equity category. It tracks the Morningstar US Market TR CAD.

Question 2

What is the ZSP ETF price today?

Accepted Answer

ZSP last traded at $115.51 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the ZSP MER (management expense ratio)?

Accepted Answer

ZSP has a management expense ratio (MER) of 0% per year. This fee is automatically deducted from the fund's assets, so you never pay it directly — but it does reduce your net returns over time. At 0%, ZSP is considered a low-cost ETF.

Question 4

What are ZSP annualised returns?

Accepted Answer

ZSP historical returns: YTD: +12.05%, 1-year: +20.47%, 3-year annualised: +22.32%, 5-year annualised: +14.44%, 10-year annualised: +15.69%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.39, which measures risk-adjusted return.

Question 5

Does ZSP pay dividends or distributions?

Accepted Answer

Yes, ZSP distributes income to unitholders. The current distribution yield is approximately 0.77%, paid quarterly. Distributions may include dividends, interest, capital gains, or return of capital depending on the fund's holdings. In a TFSA or RRSP, distributions are sheltered from tax.

Question 6

What does ZSP invest in?

Accepted Answer

ZSP's top holdings include NVIDIA Corporation (NVDA, 7.7%), Apple Inc. (AAPL, 7.6%), Microsoft Corporation (MSFT, 4.6%), Amazon.com Inc (AMZN, 3.8%), Alphabet Inc Class A (GOOGL, 3.2%) — and 5 more positions. See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar US Market TR CAD.

Question 7

What sectors does ZSP invest in?

Accepted Answer

ZSP's largest sector exposures are Technology (38.1%), Financial Services (12.0%), Communication Services (9.9%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is ZSP? (Assets under management)

Accepted Answer

ZSP has approximately $24.15B in assets under management (AUM). Larger AUM generally means better liquidity, tighter bid-ask spreads, and a lower risk of the fund being wound down.

Question 9

When was ZSP launched?

Accepted Answer

ZSP was launched on November 14, 2012, giving it a 14-year track record. A longer history makes it easier to evaluate how the ETF performs across different market cycles.

Question 10

How do I buy ZSP in Canada?

Accepted Answer

ZSP trades on the TSX under the ticker ZSP. You can buy it through any Canadian brokerage, including Wealthsimple Trade (commission-free), Questrade, TD Direct Investing, RBC Direct, and CIBC Investor's Edge. It can be held in a TFSA, RRSP, FHSA, or taxable account.

Question 11

How risky is ZSP?

Accepted Answer

ZSP has a 1-year volatility of 11.97% and a beta of 0.98 (roughly in line with the broad market). Its 3-year Sharpe ratio of 1.39 indicates solid risk-adjusted returns. As with all market-linked investments, past volatility does not predict future risk.

Date	Open	High	Low	Close	Adj Close	Volume
2026-08-20	$115.94	$116.22	$115.47	$115.51	$115.51	112,042
2026-08-19	$117.19	$117.19	$116.58	$116.61	$116.61	111,587
2026-08-18	$117.16	$117.40	$117.00	$117.10	$117.10	96,212
2026-08-17	$118.18	$118.24	$117.73	$117.76	$117.76	79,114
2026-08-14	$118.74	$118.74	$118.20	$118.35	$118.35	62,992
2026-08-13	$118.59	$119.37	$118.56	$119.00	$119.00	85,632
2026-08-12	$118.37	$118.50	$117.98	$118.32	$118.32	77,348
2026-08-11	$118.63	$118.63	$117.67	$117.82	$117.82	85,594
2026-08-10	$118.43	$118.68	$118.15	$118.65	$118.65	111,825
2026-08-07	$118.25	$118.52	$117.90	$118.45	$118.45	134,678

#	Ticker	Name	Weight
1	NVDA	NVIDIA Corporation	7.67%
2	AAPL	Apple Inc.	7.64%
3	MSFT	Microsoft Corporation	4.57%
4	AMZN	Amazon.com Inc	3.78%
5	GOOGL	Alphabet Inc Class A	3.17%
6	AVGO	Broadcom Inc	2.73%
7	GOOG	Alphabet Inc Class C	2.55%
8	META	Meta Platforms Inc.	2.22%
9	TSLA	Tesla Inc	1.67%
10	MU	Micron Technology Inc	1.49%

Sector	Weight
Technology	38.08%
Financial Services	12.05%
Communication Services	9.87%
Consumer Cyclicals	9.30%
Healthcare	8.91%
Industrials	8.13%
Consumer Defensive	4.56%
Energy	3.34%
Utilities	2.23%
Real Estate	1.88%
Basic Materials	1.65%

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CIBC Investor's Edge

BMO S&P 500 Index ETF (ZSP : TSX)

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

ETF Details

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Frequently Asked Questions — ZSP