VS
BMO US Equity Buffer Hedged to CAD ETF - January (ZJAN) and BMO S&P 500 Index ETF (ZSP) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZJAN focuses its top 3 sector exposures on Information Technology, Financials, and Communication Services, while ZSP leans towards Information Technology, Financials, and Communication Services. When evaluating costs, ZJAN features a management fee (MER) of 0.73%, compared to 0.08% for ZSP. Performance-wise, ZJAN has returned 3% year-to-date with +$43 M in net flows, whereas ZSP is at 7.18% with +$471 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
ZJAN
ZSP
| AuM | $138.80 M | $23,022.75 M |
| Management Fees | 0.73% | 0.08% |
| Exp. ratio | 0.73% | 0.09% |
| Tracking Difference | - | -0.36% |
Historical performance and flows
As of May 6, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZJAN | +4.09% | +2.40% | +3.00% | +13.76% | - |
ZSP | +9.19% | +6.33% | +7.18% | +31.34% | +87.39% | |
| Flows | ZJAN | +$0 M | +$2 M | +$43 M | +$51 M | - |
ZSP | +$332 M | +$71 M | +$471 M | +$1,506 M | +$4,689 M |
ZJAN vs ZSP exposure
Countries
ZJAN
USA
91.42%
Other
8.58%
ZSP
USA
96.98%
Sectors
ZJAN
Information Technology
31.70%
Financials
9.88%
Communication Services
9.52%
Consumer Discretionary
9.37%
Health Care
8.86%
Other
8.18%
Other
22.48%
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 6, 2026
Top 10 Holdings
ZJAN
NVIDIA
6.97%
APPLE
6.29%
MICROSOFT-T
4.62%
AMAZON.COM INC
3.41%
ALPHABET INC-CL
2.76%
BROADCOM LIMITED
2.42%
ALPHABET INC-CL
2.22%
META PLATFORMS
2.04%
TESLA
1.74%
BERKSHIRE HATHWAY
1.51%
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
ZJAN
Total weight of top 10 holdings out of 503 total
33.97%
ZSP
Total weight of top 10 holdings out of 502 total
36.04%
Characteristics
Compare
ZJAN
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 | 0.46% | 0.78% |
| Meets ESG criteria | No | No |
| Inception Date | January 26, 2024 | November 14, 2012 |
Frequently asked questions about ZJAN and ZSP
Which ETF has performed better year to date: ZJAN or ZSP?
As of May 6, 2026, ZJAN has returned 3.00% year to date, while ZSP has returned 7.18%. ZSP is ahead on YTD performance.
Which ETF is larger by assets under management: ZJAN or ZSP?
As of May 6, 2026, ZJAN manages $138.80 M in assets, while ZSP manages $23.02 B. ZSP is the larger fund by AUM.
How are ZJAN and ZSP managed?
ZJAN 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 ZJAN and ZSP emphasize?
ZJAN is most exposed to Information Technology, Financials, and Communication Services. ZSP is most exposed to Information Technology, Financials, and Communication Services.
Which ETF is attracting more investor flows: ZJAN or ZSP?
Year to date, ZJAN has seen +$42.52 M in net flows, compared with +$471.12 M for ZSP. ZSP has attracted more net investor money so far.
How do the fees of ZJAN and ZSP compare?
ZJAN has an expense ratio of 0.73%, while ZSP has an expense ratio of 0.09%.
What are the top holdings of ZJAN and ZSP?
ZJAN's largest holdings include NVIDIA, APPLE, and ALPHABET INC-CL. ZSP's top holdings include NVIDIA, APPLE, and ALPHABET INC-CL.
Which ETF is more diversified: ZJAN or ZSP?
ZJAN holds 477 securities, while ZSP holds 477. On holdings count, ZJAN is the more diversified portfolio.
Recent articles about ZJAN and ZSP
Building a Buffer with BMO ETFs
BMO ETF launches the BMO US Equity Buffer Hedged to CAD ETF – January.
Posted on 1/30/2024 by Kyle Anthony inMoving Markets
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