Question 1

What is ZSP?

Accepted Answer

ZSP (BMO S&P 500) 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 $116.06 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: +12.58%, 1-year: +27.62%, 3-year annualised: +22.77%, 5-year annualised: +16.33%, 10-year annualised: +16.08%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.55, 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 0.75%, 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, 7.9%), Apple Inc. (AAPL, 7.0%), Microsoft Corporation (MSFT, 5.1%), Amazon.com Inc (AMZN, 4.1%), Alphabet Inc Class A (GOOGL, 3.4%) — 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 (11.1%), Communication Services (11.0%). 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 $23.94B 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 11.94% and a beta of 0.99 (roughly in line with the broad market). Its 3-year Sharpe ratio of 1.55 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
2026-07-02	$116.46	$117.01	$115.35	$116.06	$116.06	121,262
2026-06-30	$115.87	$116.68	$115.76	$116.36	$116.36	118,500
2026-06-29	$114.98	$115.72	$114.36	$115.72	$115.72	139,714
2026-06-26	$113.80	$115.00	$113.50	$114.20	$114.20	213,700
2026-06-25	$115.71	$115.73	$114.20	$114.54	$114.54	261,903
2026-06-24	$115.18	$116.00	$114.57	$114.86	$114.86	239,930
2026-06-23	$114.54	$115.54	$114.42	$114.80	$114.80	171,876
2026-06-22	$116.79	$116.98	$115.85	$116.02	$116.02	133,503
2026-06-19	$116.12	$116.88	$116.00	$116.70	$116.70	63,385
2026-06-18	$116.18	$116.40	$115.68	$116.28	$116.28	107,729

#	Ticker	Name	Weight
1	NVDA	NVIDIA Corporation	7.89%
2	AAPL	Apple Inc.	7.05%
3	MSFT	Microsoft Corporation	5.14%
4	AMZN	Amazon.com Inc	4.07%
5	GOOGL	Alphabet Inc Class A	3.40%
6	AVGO	Broadcom Inc	3.26%
7	GOOG	Alphabet Inc Class C	2.71%
8	META	Meta Platforms Inc.	2.13%
9	TSLA	Tesla Inc	1.89%
10	MU	Micron Technology Inc	1.69%

Sector	Weight
Technology	38.05%
Financial Services	11.12%
Communication Services	11.01%
Consumer Cyclicals	9.83%
Healthcare	8.21%
Industrials	7.99%
Consumer Defensive	4.75%
Energy	3.29%
Utilities	2.15%
Real Estate	1.83%
Basic Materials	1.74%

BMO S&P 500 (ZSP : TSX)

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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