VS
When evaluating costs, USCL features a management fee (MER) of 0.65%, compared to 0.08% for ZSP. Performance-wise, USCL has returned 13.2% year-to-date with -$24 M in net flows, whereas ZSP is at 12.81% with +$371 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
USCL
ZSP
| AuM | $242.96 M | $24,085.68 M |
| Management Fees | 0.65% | 0.08% |
| Exp. ratio | 1.65% | 0.09% |
| Tracking Difference | - | -0.66% |
Historical performance and flows
As of August 20, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | USCL | +0.51% | +4.70% | +13.20% | +21.08% | +66.05% |
ZSP | +0.75% | +3.42% | +12.81% | +19.87% | +82.41% | |
| Flows | USCL | -$0 M | -$8 M | -$24 M | -$51 M | +$202 M |
ZSP | +$86 M | -$35 M | +$371 M | +$858 M | +$4,935 M |
USCL vs ZSP exposure
Countries
USCL
Exposure data will be available soon
ZSP
USA
97.59%
Sectors
USCL
Exposure data will be available soon
ZSP
Technology
45.24%
Finance
13.35%
Consumer Non-Cyclicals
8.96%
Healthcare
8.87%
Industrials
7.90%
Other
15.69%
As of August 20, 2026
Top 10 Holdings
USCL
Exposure data will be available soon
ZSP
NVIDIA Corp.
7.39%
Apple, Inc.
6.48%
Microsoft Corp.
4.29%
Amazon.com, Inc.
3.68%
Alphabet, Inc.
3.24%
Broadcom Inc.
2.76%
Alphabet, Inc.
2.60%
Micron Technology, Inc.
2.03%
Meta Platforms, Inc.
1.94%
Tesla, Inc.
1.81%
Diversification
USCL
Exposure data will be available soon
ZSP
Total weight of top 10 holdings out of 502 total
36.20%
Characteristics
Compare
USCL
ZSP
| Provider | Global X | BMO |
| Management | Actively managed | Passively managed |
| Benchmark | - | S&P 500 CAD Total Return Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 11.94% | 0.77% |
| Meets ESG criteria | No | No |
| Inception Date | July 5, 2023 | November 14, 2012 |
Frequently asked questions about USCL and ZSP
Which ETF has performed better year to date: USCL or ZSP?
As of August 20, 2026, USCL has returned 13.20% year to date, while ZSP has returned 12.81%. USCL is ahead on YTD performance.
Which ETF is larger by assets under management: USCL or ZSP?
As of August 20, 2026, USCL manages $242.96 M in assets, while ZSP manages $24.09 B. ZSP is the larger fund by AUM.
How are USCL and ZSP managed?
USCL is actively managed by Global X. 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: USCL or ZSP?
Year to date, USCL has seen -$24.42 M in net flows, compared with +$371.01 M for ZSP. ZSP has attracted more net investor money so far.
How do the fees of USCL and ZSP compare?
USCL has an expense ratio of 1.65%, while ZSP has an expense ratio of 0.09%.
Recent articles about USCL and ZSP
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