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iShares Core Growth ETF Portfolio (XGRO) and BMO S&P 500 Index ETF (ZSP) offer distinct profiles for Canadian ETF investors. A direct comparison shows that XGRO focuses its top 3 sector exposures on Finance, Technology, and Industrials, while ZSP leans towards Technology, Finance, and Consumer Non-Cyclicals. When evaluating costs, XGRO features a management fee (MER) of 0.18%, compared to 0.08% for ZSP. Performance-wise, XGRO has returned 12.3% year-to-date with +$656 M in net flows, whereas ZSP is at 13.1% 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
XGRO
ZSP
| AuM | $5,149.18 M | $24,149.29 M |
| Management Fees | 0.18% | 0.08% |
| Exp. ratio | 0.20% | 0.09% |
| Tracking Difference | - | -0.66% |
Historical performance and flows
As of August 21, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XGRO | +0.94% | +3.75% | +12.30% | +19.92% | +68.55% |
ZSP | -0.16% | +3.22% | +13.10% | +20.42% | +82.89% | |
| Flows | XGRO | +$86 M | +$270 M | +$656 M | +$890 M | +$2,079 M |
ZSP | +$80 M | +$15 M | +$371 M | +$858 M | +$4,935 M |
XGRO vs ZSP exposure
Countries
XGRO
USA
39.99%
Canada
34.28%
Other
25.72%
ZSP
USA
97.59%
Sectors
XGRO
Finance
23.83%
Technology
20.96%
Industrials
8.97%
Other
46.25%
ZSP
Technology
45.24%
Finance
13.35%
Consumer Non-Cyclicals
8.96%
Healthcare
8.87%
Industrials
7.90%
Other
15.69%
As of August 21, 2026
Top 10 Holdings
XGRO
NVIDIA Corp.
2.42%
Apple, Inc.
2.12%
Royal Bank of Canada
1.62%
Microsoft Corp.
1.38%
Amazon.com, Inc.
1.16%
The Toronto-Dominion Bank
1.14%
Alphabet, Inc.
1.04%
Broadcom Inc.
0.89%
Alphabet, Inc.
0.83%
Shopify, Inc.
0.78%
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
XGRO
Total weight of top 10 holdings out of 21,894 total
13.39%
ZSP
Total weight of top 10 holdings out of 502 total
36.20%
Characteristics
Compare
XGRO
ZSP
| Provider | iShares | BMO |
| Management | Actively managed | Passively managed |
| Benchmark | - | S&P 500 CAD Total Return Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity, Fixed Income | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.88% | 0.77% |
| Meets ESG criteria | No | No |
| Inception Date | June 21, 2007 | November 14, 2012 |
Frequently asked questions about XGRO and ZSP
Which ETF has performed better year to date: XGRO or ZSP?
As of August 21, 2026, XGRO has returned 12.30% year to date, while ZSP has returned 13.10%. ZSP is ahead on YTD performance.
Which ETF is larger by assets under management: XGRO or ZSP?
As of August 21, 2026, XGRO manages $5.15 B in assets, while ZSP manages $24.15 B. ZSP is the larger fund by AUM.
How are XGRO and ZSP managed?
XGRO is actively managed by iShares. It does not track an index. ZSP is passively managed by BMO. It tracks the S&P 500 CAD Total Return Index - CAD benchmark.
What sectors do XGRO and ZSP emphasize?
XGRO is most exposed to Finance, Technology, and Industrials. ZSP is most exposed to Technology, Finance, and Consumer Non-Cyclicals.
Which ETF is attracting more investor flows: XGRO or ZSP?
Year to date, XGRO has seen +$655.89 M in net flows, compared with +$371.01 M for ZSP. XGRO has attracted more net investor money so far.
How do the fees of XGRO and ZSP compare?
XGRO has an expense ratio of 0.20%, while ZSP has an expense ratio of 0.09%.
What are the top holdings of XGRO and ZSP?
XGRO's largest holdings include NVIDIA Corp., Apple, Inc., and Alphabet, Inc.. ZSP's top holdings include NVIDIA Corp., Apple, Inc., and Alphabet, Inc..
Which ETF is more diversified: XGRO or ZSP?
XGRO holds 21736 securities, while ZSP holds 495. On holdings count, XGRO is the more diversified portfolio.
Recent articles about XGRO and ZSP
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