VS
When evaluating costs, OPPS features a management fee (MER) of 0.73%, compared to 0.08% for ZSP. Performance-wise, OPPS has returned 0.67% year-to-date with +$11 M in net flows, whereas ZSP is at 15.78% 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
OPPS
ZSP
| AuM | $32.99 M | $25,398.45 M |
| Management Fees | 0.73% | 0.08% |
| Exp. ratio | 0.73% | 0.09% |
| Tracking Difference | - | -0.05% |
Historical performance and flows
As of October 29, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | OPPS | -0.03% | -0.58% | +0.67% | +0.75% | - |
ZSP | -0.67% | +5.26% | +15.78% | +13.40% | +93.31% | |
| Flows | OPPS | +$1 M | +$2 M | +$11 M | +$10 M | - |
ZSP | +$173 M | +$646 M | +$1,098 M | +$1,769 M | +$5,632 M |
OPPS vs ZSP exposure
Countries
OPPS
Exposure data will be available soon
ZSP
USA
97.60%
Sectors
OPPS
Exposure data will be available soon
ZSP
Technology
47.39%
Finance
12.79%
Healthcare
9.20%
Consumer Non-Cyclicals
8.63%
Industrials
7.38%
Other
14.62%
As of October 29, 2026
Top 10 Holdings
OPPS
Exposure data will be available soon
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
OPPS
Exposure data will be available soon
ZSP
Total weight of top 10 holdings out of 502 total
38.83%
Characteristics
Compare
OPPS
ZSP
| Provider | Manulife Investments | BMO |
| Management | Actively managed | Passively managed |
| Benchmark | - | S&P 500 CAD Total Return Index - CAD |
| Replication Method | - | Direct (Physical) |
| Asset Class | Fixed Income | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.87% | 0.77% |
| Meets ESG criteria | No | No |
| Inception Date | October 1, 2024 | November 14, 2012 |
Frequently asked questions about OPPS and ZSP
Which ETF has performed better year to date: OPPS or ZSP?
As of October 29, 2026, OPPS has returned 0.67% year to date, while ZSP has returned 15.78%. ZSP is ahead on YTD performance.
Which ETF is larger by assets under management: OPPS or ZSP?
As of October 29, 2026, OPPS manages $32.99 M in assets, while ZSP manages $25.40 B. ZSP is the larger fund by AUM.
How are OPPS and ZSP managed?
OPPS is actively managed by Manulife Investments. It does not track an index. ZSP is passively managed by BMO. It tracks the S&P 500 CAD Total Return Index - CAD benchmark.
Which ETF is attracting more investor flows: OPPS or ZSP?
Year to date, OPPS has seen +$10.82 M in net flows, compared with +$1,097.68 M for ZSP. ZSP has attracted more net investor money so far.
How do the fees of OPPS and ZSP compare?
OPPS has an expense ratio of 0.73%, while ZSP has an expense ratio of 0.09%.
Recent articles about OPPS and ZSP

Manulife Investment Management Launches ETF Series to Expand Access to Flagship Strategies
Manulife Investment Management launches OPPS, STRT, and PLUS ETFs, offering active fixed income and alternative investment strategies with intraday trading and tax efficiency.
Posted on 3/6/2025 by Edouard Caillieux inLaunches
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