VS
Fidelity U.S. High Quality Currency Neutral Index ETF (FCQH) and BMO Market+ US Equity ETF (ZMPU.U) offer distinct profiles for Canadian ETF investors. A direct comparison shows that FCQH focuses its top 3 sector exposures on Information Technology, Consumer Discretionary, and Industrials, while ZMPU.U leans towards Information Technology, Communication Services, and Consumer Discretionary. When evaluating costs, FCQH features a management fee (MER) of 0.38%, compared to 0.2% for ZMPU.U. 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
FCQH
ZMPU.U
| AuM | $63.38 M | $1.61 M |
| Management Fees | 0.38% | 0.20% |
| Exp. ratio | 0.42% | 0.20% |
| Tracking Difference | -0.36% | - |
Historical performance and flows
As of June 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FCQH | +0.06% | +5.60% | +3.21% | +9.33% | +51.83% |
ZMPU.U | -0.74% | +8.95% | - | - | - | |
| Flows | FCQH | -$5 M | -$8 M | -$8 M | -$0 M | -$29 M |
ZMPU.U | +$0 M | +$0 M | - | - | - |
FCQH vs ZMPU.U exposure
Countries
FCQH
USA
93.10%
ZMPU.U
USA
96.29%
Sectors
FCQH
Information Technology
42.46%
Consumer Discretionary
13.58%
Industrials
12.27%
Consumer Staples
9.99%
Other
21.70%
ZMPU.U
Information Technology
36.35%
Communication Services
10.74%
Consumer Discretionary
10.14%
Financials
9.38%
Health Care
8.07%
Industrials
7.36%
Other
17.97%
As of June 11, 2026
Top 10 Holdings
FCQH
NVIDIA
8.41%
APPLE
6.51%
MICROSOFT-T
5.28%
NEWMONT CORP
3.73%
BROADCOM LIMITED
3.35%
PROCTERGAMBLE
2.27%
CATERPILLAR
2.21%
PHILLIP MORRIS
2.07%
ALTRIA GROUP
2.07%
ALPHABET INC-CL
2.00%
ZMPU.U
NVIDIA
8.47%
APPLE
7.25%
MICROSOFT-T
5.30%
AMAZON.COM INC
5.09%
BROADCOM LIMITED
4.17%
ALPHABET INC-CL
3.26%
ALPHABET INC-CL
3.12%
META PLATFORMS
3.00%
JPMORGAN CHASE
2.12%
MICRON TECHNOLOGY
2.10%
Diversification
FCQH
Total weight of top 10 holdings out of 87 total
37.91%
ZMPU.U
Total weight of top 10 holdings out of 99 total
43.90%
Characteristics
Compare
FCQH
ZMPU.U
| Provider | Fidelity | BMO |
| Management | Passively managed | Actively managed |
| Benchmark | Fidelity US High Quality Currency Neutral GTR Index - CAD | - |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.65% | - |
| Meets ESG criteria | No | No |
| Inception Date | January 24, 2019 | March 4, 2026 |
Frequently asked questions about FCQH and ZMPU.U
Which ETF is larger by assets under management: FCQH or ZMPU.U?
As of June 11, 2026, FCQH manages $63.38 M in assets, while ZMPU.U manages $1.61 M. FCQH is the larger fund by AUM.
How are FCQH and ZMPU.U managed?
FCQH is passively managed by Fidelity. It tracks the Fidelity US High Quality Currency Neutral GTR Index - CAD benchmark. ZMPU.U is actively managed by BMO. It does not track an index.
What sectors do FCQH and ZMPU.U emphasize?
FCQH is most exposed to Information Technology, Consumer Discretionary, and Industrials. ZMPU.U is most exposed to Information Technology, Communication Services, and Consumer Discretionary.
How do the fees of FCQH and ZMPU.U compare?
FCQH has an expense ratio of 0.42%, while ZMPU.U has an expense ratio of 0.20%.
What are the top holdings of FCQH and ZMPU.U?
FCQH's largest holdings include NVIDIA, APPLE, and MICROSOFT-T. ZMPU.U's top holdings include NVIDIA, APPLE, and ALPHABET INC-CL.
Which ETF is more diversified: FCQH or ZMPU.U?
FCQH holds 87 securities, while ZMPU.U holds 95. On holdings count, ZMPU.U is the more diversified portfolio.
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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.

