XSH
iShares Core Canadian Short Term Corporate + Maple Bond Index ETF

Full XSH fund page
VS
ZSP
BMO S&P 500 Index ETF

Full ZSP fund page

iShares Core Canadian Short Term Corporate + Maple Bond Index ETF (XSH) and BMO S&P 500 Index ETF (ZSP) offer distinct profiles for Canadian ETF investors. A direct comparison shows that XSH focuses its top 3 sector exposures on Banks, Pipelines, and Communication services, while ZSP leans towards Information Technology, Financials, and Communication Services. When evaluating costs, XSH features a management fee (MER) of 0.09%, compared to 0.08% for ZSP. Performance-wise, XSH has returned 0.32% year-to-date with +$196 M in net flows, whereas ZSP is at 4.62% with +$460 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.

NAV Performance and Flows

0.02.04.06.08.0%Apr 6Apr 13Apr 20Apr 27May 4

Key Data

Historical performance and flows

As of May 4, 2026
1M3MYTD1Y3Y
Perf.
XSH
+0.06%-0.33%+0.32%+3.42%+16.95%
ZSP
+6.58%+4.45%+4.62%+26.84%+84.14%
Flows
XSH
+$8 M+$113 M+$196 M+$863 M+$1,094 M
ZSP
+$321 M+$60 M+$460 M+$1,513 M+$4,739 M

XSH vs ZSP exposure

Countries

XSH
Canada
93.78%
ZSP
USA
96.98%

Sectors

XSH
Banks
27.92%
Other
25.15%
Other
46.92%
ZSP
Information Technology
33.63%
Financials
10.49%
Communication Services
10.10%
Consumer Discretionary
9.94%
Health Care
9.40%
Industrials
8.34%
Other
18.10%
As of May 4, 2026

Top 10 Holdings

XSH
CA06418Y4L93
0.94%
CA779926WF74
0.90%
CA89116C7J09
0.80%
CA13607QQT27
0.79%
Toronto-Dominion Bank, 4.21% 1jun2027, CAD
0.74%
CA06418YXB96
0.73%
Bank of Montreal, 4.709% 7dec2027, CAD
0.70%
Royal Bank of Canada, 4.632% 1may2028, CAD
0.68%
Toronto-Dominion Bank, 4.68% 8jan2029, CAD
0.67%
Bank of Montreal, 4.309% 1jun2027, CAD
0.66%
ZSP
NVIDIA
7.39%
APPLE
6.67%
MICROSOFT-T
4.90%
AMAZON.COM INC
3.61%
ALPHABET INC-CL
2.93%
BROADCOM LIMITED
2.56%
ALPHABET INC-CL
2.35%
META PLATFORMS
2.16%
TESLA
1.84%
BERKSHIRE HATHWAY
1.60%

Diversification

XSH
Total weight of top 10 holdings out of 616 total
7.60%
ZSP
Total weight of top 10 holdings out of 502 total
36.04%

Characteristics

Compare
XSH
ZSP
ProvideriSharesBMO
ManagementPassively managedPassively managed
BenchmarkFTSE Canada Universe + Maple Short Term Corporate Bond TR Index - CADS&P 500 CAD Total Return Index - CAD
Replication MethodDirect (Physical)Direct (Physical)
Asset ClassFixed IncomeEquity
Dividend PolicyDistributingDistributing
Trailing 12m distribution yield3.91%0.80%
Meets ESG criteriaNoNo
Inception DateSeptember 13, 2011November 14, 2012

Frequently asked questions about XSH and ZSP

Which ETF has performed better year to date: XSH or ZSP?
As of May 4, 2026, XSH has returned 0.32% year to date, while ZSP has returned 4.62%. ZSP is ahead on YTD performance.
Which ETF is larger by assets under management: XSH or ZSP?
As of May 4, 2026, XSH manages $2.37 B in assets, while ZSP manages $22.46 B. ZSP is the larger fund by AUM.
How are XSH and ZSP managed?
XSH is passively managed by iShares. It tracks the FTSE Canada Universe + Maple Short Term Corporate Bond TR Index - CAD benchmark. ZSP is passively managed by BMO. It tracks the S&P 500 CAD Total Return Index - CAD benchmark.
What sectors do XSH and ZSP emphasize?
XSH is most exposed to Banks, Pipelines, and Communication services. ZSP is most exposed to Information Technology, Financials, and Communication Services.
Which ETF is attracting more investor flows: XSH or ZSP?
Year to date, XSH has seen +$196.00 M in net flows, compared with +$460.21 M for ZSP. ZSP has attracted more net investor money so far.
How do the fees of XSH and ZSP compare?
XSH has an expense ratio of 0.10%, while ZSP has an expense ratio of 0.09%.
What are the top holdings of XSH and ZSP?
XSH's largest holdings include Toronto-Dominion Bank, 4.21% 1jun2027, CAD and Bank of Montreal, 4.709% 7dec2027, CAD. ZSP's top holdings include NVIDIA, APPLE, and ALPHABET INC-CL.
Which ETF is more diversified: XSH or ZSP?
XSH holds 467 securities, while ZSP holds 477. On holdings count, ZSP is the more diversified portfolio.

Recent articles about XSH and ZSP

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