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 $114.13 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: +10.71%, 1-year: +18.26%, 3-year annualised: +20.52%, 5-year annualised: +14.62%, 10-year annualised: +15.26%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.50, 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 0.76%, 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, 7.5%), Apple Inc. (AAPL, 6.6%), Microsoft Corporation (MSFT, 4.3%), Amazon.com Inc (AMZN, 3.6%), 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 (39.0%), Financial Services (11.5%), Communication Services (10.2%). 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 $23.53B 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 11.75% and a beta of 0.99 (roughly in line with the broad market). Its 3-year Sharpe ratio of 1.50 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
2026-07-30	$113.53	$114.20	$113.10	$114.13	$114.13	116,499
2026-07-29	$114.59	$114.59	$112.59	$112.64	$112.64	254,404
2026-07-28	$114.55	$114.94	$114.09	$114.82	$114.82	152,478
2026-07-27	$115.41	$115.52	$114.15	$114.62	$114.62	160,324
2026-07-24	$114.45	$115.00	$114.19	$114.42	$114.42	122,008
2026-07-23	$114.50	$114.75	$113.83	$114.22	$114.22	122,886
2026-07-22	$115.63	$116.10	$115.54	$115.69	$115.69	63,051
2026-07-21	$115.54	$116.04	$115.18	$115.96	$115.96	114,542
2026-07-20	$115.18	$115.53	$114.60	$114.64	$114.64	131,005
2026-07-17	$114.31	$115.03	$114.11	$114.38	$114.38	147,923

#	Ticker	Name	Weight
1	NVDA	NVIDIA Corporation	7.51%
2	AAPL	Apple Inc.	6.59%
3	MSFT	Microsoft Corporation	4.29%
4	AMZN	Amazon.com Inc	3.62%
5	GOOGL	Alphabet Inc Class A	3.25%
6	AVGO	Broadcom Inc	2.77%
7	GOOG	Alphabet Inc Class C	2.59%
8	MU	Micron Technology Inc	2.02%
9	META	Meta Platforms Inc.	1.92%
10	TSLA	Tesla Inc	1.83%

Sector	Weight
Technology	39.02%
Financial Services	11.52%
Communication Services	10.20%
Consumer Cyclicals	9.49%
Healthcare	8.34%
Industrials	8.21%
Consumer Defensive	4.56%
Energy	3.01%
Utilities	2.15%
Real Estate	1.81%
Basic Materials	1.69%

Ticker	Name	Price	1D
MUU		$13.01	+35.24%
MSFU		$16.18	+29.75%
AMDU		$17.56	+25.70%
SOXU		$34.94	+25.46%
AMDY	Harvest AMD Enhanced High Income Shares ETF - Class A Units	$38.75	+15.74%
MSHE-U	Harvest Microsoft Enhanced High Income Shares ETF	$8.86	+15.51%
MSHE	Harvest Microsoft Enhanced High Income Shares ETF - Class A Units	$9.08	+14.94%
SHPD		$10.99	+12.95%

BMO S&P 500 Index ETF (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