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 $115.13 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: +11.68%, 1-year: +20.10%, 3-year annualised: +21.79%, 5-year annualised: +14.57%, 10-year annualised: +15.75%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.41, 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, 7.6%), Apple Inc. (AAPL, 7.0%), Microsoft Corporation (MSFT, 5.4%), Amazon.com Inc (AMZN, 4.1%), 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 (38.7%), Financial Services (12.0%), Communication Services (9.6%). 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 $24.37B 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 11.96% and a beta of 0.98 (roughly in line with the broad market). Its 3-year Sharpe ratio of 1.41 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
2026-09-10	$115.05	$115.38	$114.86	$115.13	$115.13	204,553
2026-09-09	$115.62	$115.79	$115.47	$115.63	$115.63	114,920
2026-09-08	$116.45	$116.45	$115.86	$115.97	$115.97	121,430
2026-09-04	$117.32	$117.58	$116.87	$117.03	$117.03	95,500
2026-09-03	$116.43	$117.20	$116.31	$117.08	$117.08	113,262
2026-09-02	$116.42	$116.73	$116.20	$116.34	$116.34	153,810
2026-09-01	$116.23	$116.76	$115.99	$116.30	$116.30	121,730
2026-08-31	$117.00	$117.00	$116.46	$116.83	$116.83	74,619
2026-08-28	$117.48	$118.28	$117.35	$117.51	$117.51	121,617
2026-08-27	$116.99	$117.57	$116.75	$117.33	$117.33	116,419

#	Ticker	Name	Weight
1	NVDA	NVIDIA Corporation	7.55%
2	AAPL	Apple Inc.	7.05%
3	MSFT	Microsoft Corporation	5.36%
4	AMZN	Amazon.com Inc	4.13%
5	GOOGL	Alphabet Inc Class A	3.25%
6	AVGO	Broadcom Inc	2.86%
7	GOOG	Alphabet Inc Class C	2.62%
8	META	Meta Platforms Inc.	1.90%
9	JPM	JPMorgan Chase & Co	1.46%
10	BRK-B	Berkshire Hathaway Inc	1.46%

Sector	Weight
Technology	38.69%
Financial Services	11.96%
Communication Services	9.62%
Consumer Cyclicals	9.50%
Healthcare	8.95%
Industrials	8.18%
Consumer Defensive	4.46%
Energy	3.14%
Utilities	2.04%
Real Estate	1.82%
Basic Materials	1.65%

Ticker	Name	Price	1D
OILU		$65.56	+11.27%
HOU	BetaPro Crude Oil Daily Bull ETF	$29.03	+11.14%
SLVD	BetaPro Silver -2x Daily Bear ETF	$31.94	+10.98%
CGMD		$5.11	+10.61%
SOXD		$15.41	+7.69%
AAPU		$43.36	+7.33%
MSTZ		$3.24	+7.28%
GASD		$5.46	+6.64%

CIBC Investor's Edge

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

7 stocks to buy and hold forever

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Frequently Asked Questions — ZSP