Mackenzie Canadian Ultra Short Bond Index ETF (QASH) and BMO S&P 500 Index ETF (ZSP) offer distinct profiles for Canadian ETF investors. A direct comparison shows that QASH focuses its top 3 sector exposures on Municipal, Banks, and Other financial institutions, while ZSP leans towards Technology, Finance, and Consumer Non-Cyclicals. When evaluating costs, QASH features a management fee (MER) of 0.15%, compared to 0.08% for ZSP. Performance-wise, QASH has returned 1.34% year-to-date with -$4 M in net flows, whereas ZSP is at 13.29% with +$296 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
| AuM | $147.10 M | $24,113.61 M |
| Management Fees | 0.15% | 0.08% |
| Exp. ratio | 0.17% | 0.09% |
| Tracking Difference | 0.08% | -0.10% |
Historical performance and flows
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | QASH | +0.19% | +0.62% | +1.34% | +2.76% | - |
ZSP | +1.27% | +9.93% | +13.29% | +23.92% | +82.35% | |
| Flows | QASH | -$5 M | +$4 M | -$4 M | +$9 M | - |
ZSP | -$90 M | +$7 M | +$296 M | +$905 M | +$5,132 M |
QASH vs ZSP exposure
Countries
Sectors
Top 10 Holdings
Diversification
Characteristics
| Provider | Mackenzie Investments | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive Canadian Ultra Short Bond GTR Index - CAD | S&P 500 CAD Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Fixed Income | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.49% | 0.76% |
| Meets ESG criteria | No | No |
| Inception Date | November 20, 2023 | November 14, 2012 |
Frequently asked questions about QASH and ZSP
Which ETF has performed better year to date: QASH or ZSP?
Which ETF is larger by assets under management: QASH or ZSP?
How are QASH and ZSP managed?
What sectors do QASH and ZSP emphasize?
Which ETF is attracting more investor flows: QASH or ZSP?
How do the fees of QASH and ZSP compare?
What are the top holdings of QASH and ZSP?
Which ETF is more diversified: QASH or ZSP?
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