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 $113.08 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: +9.69%, 1-year: +28.12%, 3-year annualised: +22.76%, 5-year annualised: +16.37%, 10-year annualised: +15.80%. 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, 6.5%), Microsoft Corporation (MSFT, 4.9%), Amazon.com Inc (AMZN, 4.2%), Alphabet Inc Class A (GOOGL, 3.6%) — 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 (36.0%), Financial Services (11.7%), Communication Services (11.2%). 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 $23.49B 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
2026-06-11	$111.87	$113.40	$111.59	$113.08	$113.08	442,516
2026-06-10	$112.15	$112.85	$111.10	$111.10	$111.10	394,628
2026-06-09	$113.80	$114.26	$110.89	$112.94	$112.94	304,878
2026-06-08	$113.70	$114.10	$113.16	$113.27	$113.27	218,909
2026-06-05	$114.83	$114.86	$112.73	$112.89	$112.89	200,249
2026-06-04	$114.80	$115.78	$114.60	$115.62	$115.62	94,731
2026-06-03	$115.48	$115.53	$115.00	$115.09	$115.09	101,406
2026-06-02	$115.00	$115.49	$114.87	$115.42	$115.42	77,429
2026-06-01	$114.74	$115.48	$114.74	$115.27	$115.27	291,926
2026-05-29	$114.60	$115.00	$114.37	$114.60	$114.60	286,376

#	Ticker	Name	Weight
1	NVDA	NVIDIA Corporation	7.86%
2	AAPL	Apple Inc	6.45%
3	MSFT	Microsoft Corporation	4.91%
4	AMZN	Amazon.com Inc	4.20%
5	GOOGL	Alphabet Inc Class A	3.63%
6	AVGO	Broadcom Inc	3.21%
7	GOOG	Alphabet Inc Class C	2.90%
8	META	Meta Platforms Inc.	2.17%
9	TSLA	Tesla Inc	1.74%
10	BRK-B	Berkshire Hathaway Inc	1.41%

Sector	Weight
Technology	36.01%
Financial Services	11.69%
Communication Services	11.19%
Consumer Cyclicals	10.15%
Healthcare	8.38%
Industrials	8.22%
Consumer Defensive	4.86%
Energy	3.46%
Utilities	2.31%
Real Estate	1.92%
Basic Materials	1.79%

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