VS
BMO SIA Focused Canadian Equity Fund ETF (ZFC) and BMO S&P 500 Index ETF (ZSP) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZFC focuses its top 3 sector exposures on Industrials, Finance, and Energy, while ZSP leans towards Technology, Finance, and Consumer Non-Cyclicals. When evaluating costs, ZFC features a management fee (MER) of 0.75%, compared to 0.08% for ZSP. Performance-wise, ZFC has returned 22.01% year-to-date with -$8 M in net flows, whereas ZSP is at 11.75% with +$285 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
ZFC
ZSP
| AuM | $86.69 M | $23,773.31 M |
| Management Fees | 0.75% | 0.08% |
| Exp. ratio | 0.84% | 0.09% |
| Tracking Difference | - | -0.10% |
Historical performance and flows
As of July 17, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZFC | +2.50% | +9.68% | +22.01% | +32.89% | +56.58% |
ZSP | -0.20% | +7.33% | +11.75% | +21.86% | +80.75% | |
| Flows | ZFC | +$3 M | -$7 M | -$8 M | -$2 M | +$4 M |
ZSP | -$338 M | +$44 M | +$285 M | +$842 M | +$4,796 M |
ZFC vs ZSP exposure
Countries
ZFC
Canada
89.62%
Other
10.38%
ZSP
USA
97.86%
Sectors
ZFC
Industrials
30.83%
Finance
23.24%
Energy
22.36%
Other
23.57%
ZSP
Technology
46.52%
Finance
12.65%
Consumer Non-Cyclicals
9.38%
Healthcare
8.23%
Industrials
7.68%
Other
15.54%
As of July 17, 2026
Top 10 Holdings
ZFC
Exchange Income Corp.
6.67%
MDA Space Ltd.
6.62%
Aritzia, Inc.
6.38%
Finning International, Inc.
6.24%
TFI International, Inc.
6.20%
BlackBerry Ltd.
6.11%
AltaGas Ltd.
6.11%
Power Corp of Canada
5.90%
Tamarack Valley Energy Ltd.
5.88%
IGM Financial, Inc.
5.86%
ZSP
NVIDIA Corp.
8.04%
Apple, Inc.
7.08%
Microsoft Corp.
4.89%
Amazon.com, Inc.
4.14%
Alphabet, Inc.
3.51%
Broadcom Inc.
3.12%
Alphabet, Inc.
2.79%
Meta Platforms, Inc.
2.15%
Tesla, Inc.
1.92%
Micron Technology, Inc.
1.61%
Diversification
ZFC
Total weight of top 10 holdings out of 17 total
61.97%
ZSP
Total weight of top 10 holdings out of 502 total
39.24%
Characteristics
Compare
ZFC
ZSP
| Provider | BMO | 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 | 0.13% | 0.77% |
| Meets ESG criteria | No | No |
| Inception Date | December 11, 2018 | November 14, 2012 |
Frequently asked questions about ZFC and ZSP
Which ETF has performed better year to date: ZFC or ZSP?
As of July 17, 2026, ZFC has returned 22.01% year to date, while ZSP has returned 11.75%. ZFC is ahead on YTD performance.
Which ETF is larger by assets under management: ZFC or ZSP?
As of July 17, 2026, ZFC manages $86.69 M in assets, while ZSP manages $23.77 B. ZSP is the larger fund by AUM.
How are ZFC and ZSP managed?
ZFC is actively managed by BMO. 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 ZFC and ZSP emphasize?
ZFC is most exposed to Industrials, Finance, and Energy. ZSP is most exposed to Technology, Finance, and Consumer Non-Cyclicals.
Which ETF is attracting more investor flows: ZFC or ZSP?
Year to date, ZFC has seen -$7.55 M in net flows, compared with +$284.95 M for ZSP. ZSP has attracted more net investor money so far.
How do the fees of ZFC and ZSP compare?
ZFC has an expense ratio of 0.84%, while ZSP has an expense ratio of 0.09%.
What are the top holdings of ZFC and ZSP?
ZFC's largest holdings include Exchange Income Corp., MDA Space Ltd., and Aritzia, Inc.. ZSP's top holdings include NVIDIA Corp., Apple, Inc., and Alphabet, Inc..
Which ETF is more diversified: ZFC or ZSP?
ZFC holds 17 securities, while ZSP holds 499. On holdings count, ZSP is the more diversified portfolio.
Recent articles about ZFC and ZSP
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.