Question 1

What is ZSP?

Accepted Answer

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

Question 2

What is the ZSP ETF price today?

Accepted Answer

ZSP last traded at $119.35 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: +15.77%, 1-year: +15.61%, 3-year annualised: +24.66%, 5-year annualised: +15.18%, 10-year annualised: +15.92%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.60, 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 0.81%, 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, 8.6%), Apple Inc. (AAPL, 7.6%), Microsoft Corporation (MSFT, 5.4%), Amazon.com Inc (AMZN, 3.8%), Alphabet Inc Class A (GOOGL, 3.0%) — 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 (37.6%), Financial Services (12.1%), Communication Services (9.8%). 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 $25.45B 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 10.89% and a beta of 0.99 (roughly in line with the broad market). Its 3-year Sharpe ratio of 1.60 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
2026-10-21	$119.15	$119.55	$118.85	$119.35	$119.35	93,910
2026-10-20	$118.27	$119.20	$117.85	$118.77	$118.77	171,121
2026-10-19	$118.86	$119.27	$118.70	$118.82	$118.82	134,672
2026-10-16	$120.32	$120.35	$118.31	$118.63	$118.63	177,109
2026-10-15	$119.65	$120.51	$119.28	$120.35	$120.35	113,867
2026-10-14	$121.47	$121.82	$120.11	$120.39	$120.39	180,353
2026-10-13	$121.68	$121.73	$121.14	$121.56	$121.56	96,384
2026-10-09	$121.68	$122.17	$121.59	$122.00	$122.00	90,400
2026-10-08	$121.49	$121.55	$120.42	$120.87	$120.87	169,483
2026-10-07	$121.51	$121.83	$121.11	$121.80	$121.80	151,047

#	Ticker	Name	Weight
1	NVDA	NVIDIA Corporation	8.62%
2	AAPL	Apple Inc.	7.64%
3	MSFT	Microsoft Corporation	5.42%
4	AMZN	Amazon.com Inc	3.83%
5	GOOGL	Alphabet Inc Class A	2.99%
6	AVGO	Broadcom Inc	2.45%
7	GOOG	Alphabet Inc Class C	2.57%
8	META	Meta Platforms Inc.	2.56%
9	MU	Micron Technology Inc	1.78%
10	TSLA	Tesla Inc	1.62%

Sector	Weight
Technology	37.56%
Financial Services	12.15%
Communication Services	9.80%
Healthcare	9.14%
Consumer Cyclicals	8.57%
Industrials	7.47%
Consumer Defensive	4.22%
Energy	3.44%
Utilities	1.99%
Real Estate	1.70%
Basic Materials	1.65%

Ticker	Name	Price	1D
ORBU		$10.85	+17.30%
MSTU		$37.66	+14.99%
HND	BetaPro Natural Gas 2x Daily Bear	$25.10	+10.62%
SPCP		$19.34	+10.58%
PLTU		$39.23	+9.52%
SXHI	Ninepoint SpaceX HighShares ETF	$7.10	+9.40%
SPXE	Harvest SpaceX Enhanced High Income Shares ETF	$10.46	+8.06%
COIU		$22.66	+8.01%

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