When evaluating costs, FCMO features a management fee (MER) of 0.35%, compared to 0.08% for ZSP. Performance-wise, FCMO has returned 13.73% year-to-date with +$677 M in net flows, whereas ZSP is at 9.99% with +$418 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
FCMO
ZSP
| AuM | $2,254.50 M | $23,528.99 M |
| Management Fees | 0.35% | 0.08% |
| Exp. ratio | 0.38% | 0.09% |
| Tracking Difference | -0.61% | -0.10% |
Historical performance and flows
As of July 29, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FCMO | -7.77% | +3.35% | +13.73% | +19.01% | +114.72% |
ZSP | -2.65% | +5.57% | +9.99% | +18.27% | +75.36% | |
| Flows | FCMO | +$73 M | +$249 M | +$677 M | +$1,111 M | +$1,778 M |
ZSP | -$83 M | +$119 M | +$418 M | +$1,121 M | +$5,284 M |
FCMO vs ZSP exposure
Countries
FCMO
Exposure data will be available soon
ZSP
USA
97.59%
Sectors
FCMO
Exposure data will be available soon
ZSP
Technology
45.24%
Finance
13.35%
Consumer Non-Cyclicals
8.96%
Healthcare
8.87%
Industrials
7.90%
Other
15.69%
As of July 29, 2026
Top 10 Holdings
FCMO
Exposure data will be available soon
ZSP
NVIDIA Corp.
7.39%
Apple, Inc.
6.48%
Microsoft Corp.
4.29%
Amazon.com, Inc.
3.68%
Alphabet, Inc.
3.24%
Broadcom Inc.
2.76%
Alphabet, Inc.
2.60%
Micron Technology, Inc.
2.03%
Meta Platforms, Inc.
1.94%
Tesla, Inc.
1.81%
Diversification
FCMO
Exposure data will be available soon
ZSP
Total weight of top 10 holdings out of 502 total
36.20%
Characteristics
Compare
FCMO
ZSP
| Provider | Fidelity | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | Fidelity Canada U.S. Momentum GTR Index - CAD | S&P 500 CAD Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.33% | 0.79% |
| Meets ESG criteria | No | No |
| Inception Date | June 10, 2020 | November 14, 2012 |
Frequently asked questions about FCMO and ZSP
Which ETF has performed better year to date: FCMO or ZSP?
As of July 29, 2026, FCMO has returned 13.73% year to date, while ZSP has returned 9.99%. FCMO is ahead on YTD performance.
Which ETF is larger by assets under management: FCMO or ZSP?
As of July 29, 2026, FCMO manages $2.25 B in assets, while ZSP manages $23.53 B. ZSP is the larger fund by AUM.
How are FCMO and ZSP managed?
FCMO is passively managed by Fidelity. It tracks the Fidelity Canada U.S. Momentum GTR Index - CAD benchmark. ZSP is passively managed by BMO. It tracks the S&P 500 CAD Total Return Index - CAD benchmark.
Which ETF is attracting more investor flows: FCMO or ZSP?
Year to date, FCMO has seen +$676.50 M in net flows, compared with +$418.27 M for ZSP. FCMO has attracted more net investor money so far.
How do the fees of FCMO and ZSP compare?
FCMO has an expense ratio of 0.38%, while ZSP has an expense ratio of 0.09%.
Recent articles about FCMO and ZSP
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.





