VS
iShares Core S&P 500 Index ETF (XSP) and BMO US Equity Buffer Hedged to CAD ETF (ZOCT) offer distinct profiles for Canadian ETF investors. A direct comparison shows that XSP focuses its top 3 sector exposures on Technology, Finance, and Healthcare, while ZOCT leans towards Technology, Finance, and Healthcare. When evaluating costs, XSP features a management fee (MER) of 0.08%, compared to 0.73% for ZOCT. Performance-wise, XSP has returned 11.03% year-to-date with +$793 M in net flows, whereas ZOCT is at 6.2% with +$0 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
XSP
ZOCT
| AuM | $16,025.65 M | $45.39 M |
| Management Fees | 0.08% | 0.73% |
| Exp. ratio | 0.09% | 0.73% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 2, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XSP | -0.94% | +0.49% | +11.03% | +18.19% | +67.70% |
ZOCT | +0.71% | +2.02% | +6.20% | +9.23% | - | |
| Flows | XSP | +$52 M | +$322 M | +$793 M | +$1,098 M | +$2,002 M |
ZOCT | +$0 M | +$0 M | +$0 M | +$4 M | - |
XSP vs ZOCT exposure
Countries
XSP
USA
96.39%
ZOCT
USA
98.89%
Sectors
XSP
Technology
44.71%
Finance
14.00%
Healthcare
8.98%
Consumer Non-Cyclicals
8.93%
Industrials
7.58%
Other
15.80%
ZOCT
Technology
45.95%
Finance
14.40%
Healthcare
9.20%
Consumer Non-Cyclicals
9.19%
Industrials
7.82%
Other
13.44%
As of September 2, 2026
Top 10 Holdings
XSP
Apple, Inc.
7.64%
NVIDIA Corp.
7.37%
Microsoft Corp.
5.23%
Amazon.com, Inc.
3.60%
Alphabet, Inc.
3.05%
Broadcom Inc.
2.86%
Alphabet, Inc.
2.46%
Meta Platforms, Inc.
1.85%
Micron Technology, Inc.
1.54%
JPMorgan Chase & Co.
1.47%
ZOCT
Apple, Inc.
7.85%
NVIDIA Corp.
7.58%
Microsoft Corp.
5.37%
Amazon.com, Inc.
3.70%
Alphabet, Inc.
3.14%
Broadcom Inc.
2.95%
Alphabet, Inc.
2.53%
Meta Platforms, Inc.
1.90%
Micron Technology, Inc.
1.59%
JPMorgan Chase & Co.
1.50%
Diversification
XSP
Total weight of top 10 holdings out of 504 total
37.06%
ZOCT
Total weight of top 10 holdings out of 503 total
38.11%
Characteristics
Compare
XSP
ZOCT
| Provider | iShares | BMO |
| Management | Passively managed | Actively managed |
| Benchmark | S&P 500 CAD Hedged Total Return Index - CAD | - |
| Replication Method | ||
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.12% | 0.45% |
| Meets ESG criteria | No | No |
| Inception Date | May 24, 2001 | October 2, 2023 |
Frequently asked questions about XSP and ZOCT
Which ETF has performed better year to date: XSP or ZOCT?
As of September 2, 2026, XSP has returned 11.03% year to date, while ZOCT has returned 6.20%. XSP is ahead on YTD performance.
Which ETF is larger by assets under management: XSP or ZOCT?
As of September 2, 2026, XSP manages $16.03 B in assets, while ZOCT manages $45.39 M. XSP is the larger fund by AUM.
How are XSP and ZOCT managed?
XSP is passively managed by iShares. It tracks the S&P 500 CAD Hedged Total Return Index - CAD benchmark. ZOCT is actively managed by BMO. It does not track an index.
What sectors do XSP and ZOCT emphasize?
XSP is most exposed to Technology, Finance, and Healthcare. ZOCT is most exposed to Technology, Finance, and Healthcare.
Which ETF is attracting more investor flows: XSP or ZOCT?
Year to date, XSP has seen +$792.91 M in net flows, compared with +$0.11 M for ZOCT. XSP has attracted more net investor money so far.
How do the fees of XSP and ZOCT compare?
XSP has an expense ratio of 0.09%, while ZOCT has an expense ratio of 0.73%.
What are the top holdings of XSP and ZOCT?
XSP's largest holdings include Apple, Inc., NVIDIA Corp., and Alphabet, Inc.. ZOCT's top holdings include Apple, Inc., NVIDIA Corp., and Alphabet, Inc..
Which ETF is more diversified: XSP or ZOCT?
XSP holds 496 securities, while ZOCT holds 494. On holdings count, XSP is the more diversified portfolio.
Recent articles about XSP and ZOCT
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.