VS
NBI Active U.S. Equity ETF (NUSA) and BMO Market+ US Equity ETF (ZMPU.F) offer distinct profiles for Canadian ETF investors. A direct comparison shows that NUSA focuses its top 3 sector exposures on Technology, Finance, and Consumer Non-Cyclicals, while ZMPU.F leans towards Technology, Finance, and Consumer Non-Cyclicals. When evaluating costs, NUSA features a management fee (MER) of 0.55%, compared to 0.2% for ZMPU.F. 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
NUSA
ZMPU.F
| AuM | $92.46 M | $1.67 M |
| Management Fees | 0.55% | 0.20% |
| Exp. ratio | 0.63% | 0.20% |
| Tracking Difference | - | - |
Historical performance and flows
As of October 16, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | NUSA | +3.78% | +3.52% | +10.05% | +9.56% | +56.10% |
ZMPU.F | +1.93% | +1.52% | - | - | - | |
| Flows | NUSA | +$0 M | -$4 M | -$1 M | -$3 M | +$45 M |
ZMPU.F | +$0 M | +$0 M | - | - | - |
NUSA vs ZMPU.F exposure
Countries
NUSA
USA
95.59%
ZMPU.F
USA
97.14%
Sectors
NUSA
Technology
47.66%
Finance
13.04%
Consumer Non-Cyclicals
10.91%
Healthcare
9.10%
Other
19.29%
ZMPU.F
Technology
44.05%
Finance
15.20%
Consumer Non-Cyclicals
10.22%
Healthcare
9.50%
Industrials
7.31%
Other
13.71%
As of October 16, 2026
Top 10 Holdings
NUSA
NVIDIA Corp.
9.37%
Microsoft Corp.
8.51%
Amazon.com, Inc.
6.37%
Alphabet, Inc.
6.22%
Broadcom Inc.
4.75%
Apple, Inc.
4.03%
Lam Research Corp.
3.83%
Valero Energy Corp.
3.71%
Danaher Corp.
3.63%
JPMorgan Chase & Co.
3.61%
ZMPU.F
NVIDIA Corp.
8.16%
Apple, Inc.
8.03%
Microsoft Corp.
5.91%
Amazon.com, Inc.
4.75%
Broadcom Inc.
3.20%
Alphabet, Inc.
3.03%
Alphabet, Inc.
2.47%
JPMorgan Chase & Co.
2.17%
Meta Platforms, Inc.
2.15%
Visa, Inc.
1.70%
Diversification
NUSA
Total weight of top 10 holdings out of 32 total
54.03%
ZMPU.F
Total weight of top 10 holdings out of 103 total
41.57%
Characteristics
Compare
NUSA
ZMPU.F
| Provider | National Bank Investments | BMO |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | - | - |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.00% | - |
| Meets ESG criteria | No | No |
| Inception Date | February 13, 2021 | March 4, 2026 |
Frequently asked questions about NUSA and ZMPU.F
Which ETF is larger by assets under management: NUSA or ZMPU.F?
As of October 16, 2026, NUSA manages $92.46 M in assets, while ZMPU.F manages $1.67 M. NUSA is the larger fund by AUM.
How are NUSA and ZMPU.F managed?
NUSA is actively managed by National Bank Investments. It does not track an index. ZMPU.F is actively managed by BMO. It does not track an index.
What sectors do NUSA and ZMPU.F emphasize?
NUSA is most exposed to Technology, Finance, and Consumer Non-Cyclicals. ZMPU.F is most exposed to Technology, Finance, and Consumer Non-Cyclicals.
How do the fees of NUSA and ZMPU.F compare?
NUSA has an expense ratio of 0.63%, while ZMPU.F has an expense ratio of 0.20%.
What are the top holdings of NUSA and ZMPU.F?
NUSA's largest holdings include NVIDIA Corp., Microsoft Corp., and Amazon.com, Inc.. ZMPU.F's top holdings include NVIDIA Corp., Apple, Inc., and Microsoft Corp..
Which ETF is more diversified: NUSA or ZMPU.F?
NUSA holds 32 securities, while ZMPU.F holds 102. On holdings count, ZMPU.F is the more diversified portfolio.
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.