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 $114.64 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: +11.20%, 1-year: +21.81%, 3-year annualised: +21.81%, 5-year annualised: +15.17%, 10-year annualised: +15.61%. 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, 7.8%), Apple Inc. (AAPL, 6.8%), Microsoft Corporation (MSFT, 4.4%), Amazon.com Inc (AMZN, 3.6%), 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 (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 $23.77B 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
2026-07-20	$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
2026-07-16	$115.92	$116.30	$115.46	$115.89	$115.89	91,906
2026-07-15	$116.57	$116.70	$115.85	$116.39	$116.39	145,637
2026-07-14	$116.16	$116.35	$115.70	$116.22	$116.22	138,643
2026-07-13	$116.96	$117.09	$116.37	$116.48	$116.48	119,622
2026-07-10	$117.03	$117.47	$116.58	$117.37	$117.37	79,047
2026-07-09	$116.31	$117.02	$116.14	$117.01	$117.01	101,595
2026-07-08	$115.81	$116.10	$115.25	$116.00	$116.00	149,902
2026-07-07	$117.10	$117.22	$116.23	$116.56	$116.56	116,944

#	Ticker	Name	Weight
1	NVDA	NVIDIA Corporation	7.81%
2	AAPL	Apple Inc.	6.83%
3	MSFT	Microsoft Corporation	4.42%
4	AMZN	Amazon.com Inc	3.64%
5	GOOGL	Alphabet Inc Class A	3.35%
6	AVGO	Broadcom Inc	2.93%
7	GOOG	Alphabet Inc Class C	2.69%
8	META	Meta Platforms Inc.	1.95%
9	MU	Micron Technology Inc	1.84%
10	TSLA	Tesla Inc	1.75%

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%

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

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Frequently Asked Questions — ZSP