VS
Franklin International Low Volatility High Dividend Index ETF (CA) (FLVI) and BMO S&P 500 Index ETF (ZSP) offer distinct profiles for Canadian ETF investors. A direct comparison shows that FLVI focuses its top 3 sector exposures on Utilities, Financials, and Industrials, while ZSP leans towards Information Technology, Communication Services, and Consumer Discretionary. When evaluating costs, FLVI features a management fee (MER) of 0.25%, compared to 0.08% for ZSP. Performance-wise, FLVI has returned 10.89% year-to-date with +$116 M in net flows, whereas ZSP is at 13.33% with +$404 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
FLVI
ZSP
| AuM | $300.25 M | $24,276.65 M |
| Management Fees | 0.25% | 0.08% |
| Exp. ratio | 0.28% | 0.09% |
| Tracking Difference | 3.57% | -0.22% |
Historical performance and flows
As of June 18, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FLVI | +2.15% | +5.45% | +10.89% | +25.98% | - |
ZSP | +4.97% | +16.89% | +13.33% | +30.63% | +89.01% | |
| Flows | FLVI | +$18 M | +$44 M | +$116 M | +$204 M | - |
ZSP | -$2 M | +$197 M | +$404 M | +$1,295 M | +$5,004 M |
FLVI vs ZSP exposure
Countries
FLVI
Japan
13.40%
Italy
11.49%
France
11.25%
Singapore
10.96%
Switzerland
10.30%
Germany
8.14%
Other
34.46%
ZSP
USA
97.06%
Sectors
FLVI
Utilities
19.58%
Financials
17.17%
Industrials
13.44%
Communication Services
12.74%
Consumer Discretionary
10.33%
Other
26.73%
ZSP
Information Technology
36.41%
Communication Services
10.68%
Consumer Discretionary
10.06%
Financials
9.94%
Health Care
8.26%
Industrials
8.01%
Other
16.63%
As of June 18, 2026
Top 10 Holdings
FLVI
TOTALENERGIES SE
3.05%
REPSOL YPF SA
2.94%
SNAM RETE GAS
2.75%
ENGIE
2.74%
ENEL GLOBAL TRADING
2.73%
CK HUTCHISON HLDGS LTD
2.62%
RIO TINTO
2.60%
TELSTRA
2.55%
NESTLE SA
2.50%
DEUTSCHE POST
2.49%
ZSP
NVIDIA
8.33%
APPLE
6.50%
MICROSOFT-T
5.16%
AMAZON.COM INC
4.21%
ALPHABET INC-CL
3.33%
BROADCOM LIMITED
3.16%
ALPHABET INC-CL
2.67%
META PLATFORMS
2.40%
TESLA
1.72%
BERKSHIRE HATHWAY
1.44%
Diversification
FLVI
Total weight of top 10 holdings out of 119 total
26.96%
ZSP
Total weight of top 10 holdings out of 502 total
38.91%
Characteristics
Compare
FLVI
ZSP
| Provider | Franklin Templeton | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | Franklin International ex North America Low Volatility High Dividend Index NTR - 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 | 2.00% | 0.74% |
| Meets ESG criteria | No | No |
| Inception Date | March 28, 2024 | November 14, 2012 |
Frequently asked questions about FLVI and ZSP
Which ETF has performed better year to date: FLVI or ZSP?
As of June 18, 2026, FLVI has returned 10.89% year to date, while ZSP has returned 13.33%. ZSP is ahead on YTD performance.
Which ETF is larger by assets under management: FLVI or ZSP?
As of June 18, 2026, FLVI manages $300.25 M in assets, while ZSP manages $24.28 B. ZSP is the larger fund by AUM.
How are FLVI and ZSP managed?
FLVI is passively managed by Franklin Templeton. It tracks the Franklin International ex North America Low Volatility High Dividend Index NTR - CAD benchmark. ZSP is passively managed by BMO. It tracks the S&P 500 CAD Total Return Index - CAD benchmark.
What sectors do FLVI and ZSP emphasize?
FLVI is most exposed to Utilities, Financials, and Industrials. ZSP is most exposed to Information Technology, Communication Services, and Consumer Discretionary.
Which ETF is attracting more investor flows: FLVI or ZSP?
Year to date, FLVI has seen +$115.79 M in net flows, compared with +$404.12 M for ZSP. ZSP has attracted more net investor money so far.
How do the fees of FLVI and ZSP compare?
FLVI has an expense ratio of 0.28%, while ZSP has an expense ratio of 0.09%.
What are the top holdings of FLVI and ZSP?
FLVI's largest holdings include TOTALENERGIES SE and REPSOL YPF SA. ZSP's top holdings include NVIDIA, APPLE, and ALPHABET INC-CL.
Which ETF is more diversified: FLVI or ZSP?
FLVI holds 118 securities, while ZSP holds 477. On holdings count, ZSP is the more diversified portfolio.
Recent articles about FLVI and ZSP
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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.