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 Finance, Utilities, and Telecommunications, while ZSP leans towards Technology, Finance, and Healthcare. When evaluating costs, FLVI features a management fee (MER) of 0.25%, compared to 0.08% for ZSP. Performance-wise, FLVI has returned 11.23% year-to-date with +$143 M in net flows, whereas ZSP is at 13.66% with +$1 B. 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 | $319.74 M | $25,090.80 M |
| Management Fees | 0.25% | 0.08% |
| Exp. ratio | 0.28% | 0.09% |
| Tracking Difference | 4.44% | -0.27% |
Historical performance and flows
As of November 3, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FLVI | +0.28% | -2.40% | +11.23% | +15.89% | - |
ZSP | -4.31% | -2.36% | +13.66% | +11.10% | +83.46% | |
| Flows | FLVI | +$6 M | +$6 M | +$143 M | +$175 M | - |
ZSP | -$42 M | +$859 M | +$1,254 M | +$1,831 M | +$5,694 M |
FLVI vs ZSP exposure
Countries
FLVI
Japan
15.20%
Singapore
13.63%
Italy
10.70%
Switzerland
10.30%
France
9.79%
Hong Kong
7.29%
Other
33.08%
ZSP
USA
97.60%
Sectors
FLVI
Finance
27.71%
Utilities
16.02%
Telecommunications
12.17%
Industrials
9.89%
Energy
8.56%
Other
25.65%
ZSP
Technology
47.39%
Finance
12.79%
Healthcare
9.20%
Consumer Non-Cyclicals
8.63%
Industrials
7.38%
Other
14.62%
As of November 3, 2026
Top 10 Holdings
FLVI
Repsol SA
2.84%
Nordea Bank Abp
2.70%
Deutsche Post AG
2.62%
Naturgy Energy Group SA
2.60%
Banca Monte dei Paschi di Siena SpA
2.58%
Oversea-Chinese Banking Corp. Ltd.
2.55%
TotalEnergies SE
2.51%
Rio Tinto Plc
2.46%
ANZ Group Holdings Ltd.
2.43%
Enel SpA
2.42%
ZSP
NVIDIA Corp.
8.33%
Apple, Inc.
7.28%
Microsoft Corp.
5.73%
Amazon.com, Inc.
3.67%
Alphabet, Inc.
3.03%
Broadcom Inc.
2.56%
Meta Platforms, Inc.
2.47%
Alphabet, Inc.
2.43%
Micron Technology, Inc.
1.83%
Advanced Micro Devices, Inc.
1.51%
Diversification
FLVI
Total weight of top 10 holdings out of 118 total
25.71%
ZSP
Total weight of top 10 holdings out of 502 total
38.83%
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 | 3.31% | 0.79% |
| 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 November 3, 2026, FLVI has returned 11.23% year to date, while ZSP has returned 13.66%. ZSP is ahead on YTD performance.
Which ETF is larger by assets under management: FLVI or ZSP?
As of November 3, 2026, FLVI manages $319.74 M in assets, while ZSP manages $25.09 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 Finance, Utilities, and Telecommunications. ZSP is most exposed to Technology, Finance, and Healthcare.
Which ETF is attracting more investor flows: FLVI or ZSP?
Year to date, FLVI has seen +$142.58 M in net flows, compared with +$1,253.88 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 Repsol SA, Nordea Bank Abp, and Deutsche Post AG. ZSP's top holdings include NVIDIA Corp., Apple, Inc., and Microsoft Corp..
Which ETF is more diversified: FLVI or ZSP?
FLVI holds 118 securities, while ZSP holds 499. On holdings count, ZSP is the more diversified portfolio.
Recent articles about FLVI and ZSP
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