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Global X Marijuana Life Sciences Index ETF (HMMJ) and BMO S&P 500 Index ETF (ZSP) offer distinct profiles for Canadian ETF investors. A direct comparison shows that HMMJ focuses its top 3 sector exposures on Consumer Non-Cyclicals, Finance, and Healthcare, while ZSP leans towards Technology, Finance, and Healthcare. When evaluating costs, HMMJ features a management fee (MER) of 0.95%, compared to 0.08% for ZSP. Performance-wise, HMMJ has returned 4.58% year-to-date with -$2 M in net flows, whereas ZSP is at 13.7% with +$621 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
HMMJ
ZSP
| AuM | $42.13 M | $24,527.09 M |
| Management Fees | 0.95% | 0.08% |
| Exp. ratio | 1.00% | 0.09% |
| Tracking Difference | 6.91% | -0.25% |
Historical performance and flows
As of September 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HMMJ | -1.90% | -0.70% | -4.58% | -16.05% | -32.74% |
ZSP | -1.24% | +3.09% | +13.70% | +17.59% | +79.69% | |
| Flows | HMMJ | -$1 M | -$1 M | -$2 M | -$4 M | -$32 M |
ZSP | +$284 M | +$106 M | +$621 M | +$1,209 M | +$5,416 M |
HMMJ vs ZSP exposure
Countries
HMMJ
Canada
43.77%
USA
28.25%
Other
16.66%
Ireland
11.32%
ZSP
USA
97.56%
Sectors
HMMJ
Consumer Non-Cyclicals
38.36%
Other
16.66%
Finance
15.92%
Healthcare
15.69%
Consumer Cyclicals
8.07%
ZSP
Technology
44.85%
Finance
14.06%
Healthcare
8.98%
Consumer Non-Cyclicals
8.97%
Industrials
7.87%
Other
15.28%
As of September 11, 2026
Top 10 Holdings
HMMJ
Jazz Pharmaceuticals Plc
11.32%
Cronos Group, Inc.
10.76%
Innovative Industrial Properties, Inc.
10.03%
Canopy Growth Corp.
9.48%
SNDL, Inc.
8.89%
Chicago Atlantic BDC, Inc.
5.89%
High Tide, Inc.
5.41%
Scotts Miracle-Gro Co.
5.30%
Aurora Cannabis, Inc.
5.21%
Corbus Pharmaceuticals Holdings, Inc.
4.37%
ZSP
Apple, Inc.
7.66%
NVIDIA Corp.
7.39%
Microsoft Corp.
5.24%
Amazon.com, Inc.
3.61%
Alphabet, Inc.
3.07%
Broadcom Inc.
2.88%
Alphabet, Inc.
2.47%
Meta Platforms, Inc.
1.85%
Micron Technology, Inc.
1.55%
JPMorgan Chase & Co.
1.47%
Diversification
HMMJ
Total weight of top 10 holdings out of 13 total
76.66%
ZSP
Total weight of top 10 holdings out of 502 total
37.19%
Characteristics
Compare
HMMJ
ZSP
| Provider | Global X | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | North American Marijuana Total Return 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 | 1.39% | 0.76% |
| Meets ESG criteria | No | No |
| Inception Date | June 16, 2017 | November 14, 2012 |
Frequently asked questions about HMMJ and ZSP
Which ETF has performed better year to date: HMMJ or ZSP?
As of September 11, 2026, HMMJ has returned -4.58% year to date, while ZSP has returned 13.70%. ZSP is ahead on YTD performance.
Which ETF is larger by assets under management: HMMJ or ZSP?
As of September 11, 2026, HMMJ manages $42.13 M in assets, while ZSP manages $24.53 B. ZSP is the larger fund by AUM.
How are HMMJ and ZSP managed?
HMMJ is passively managed by Global X. It tracks the North American Marijuana Total Return Index - CAD benchmark. ZSP is passively managed by BMO. It tracks the S&P 500 CAD Total Return Index - CAD benchmark.
What sectors do HMMJ and ZSP emphasize?
HMMJ is most exposed to Consumer Non-Cyclicals, Finance, and Healthcare. ZSP is most exposed to Technology, Finance, and Healthcare.
Which ETF is attracting more investor flows: HMMJ or ZSP?
Year to date, HMMJ has seen -$2.36 M in net flows, compared with +$620.85 M for ZSP. ZSP has attracted more net investor money so far.
How do the fees of HMMJ and ZSP compare?
HMMJ has an expense ratio of 1.00%, while ZSP has an expense ratio of 0.09%.
What are the top holdings of HMMJ and ZSP?
HMMJ's largest holdings include Jazz Pharmaceuticals Plc, Cronos Group, Inc., and Innovative Industrial Properties, Inc.. ZSP's top holdings include Apple, Inc., NVIDIA Corp., and Alphabet, Inc..
Which ETF is more diversified: HMMJ or ZSP?
HMMJ holds 13 securities, while ZSP holds 499. On holdings count, ZSP is the more diversified portfolio.
Recent articles about HMMJ and ZSP
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