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Compare BMO S&P 500 Index ETF (ZSP) vs Scotia US Equity Index Tracker ETF (SITU) to find the best fit for your portfolio. ZSP and SITU provide the same top sector exposures: Technology, Finance, and Healthcare. When evaluating costs, ZSP features a management fee (MER) of 0.08%, compared to 0.05% for SITU. Performance-wise, ZSP has returned 18.78% year-to-date with +$1 B in net flows, whereas SITU is at 18.97% with +$623 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
ZSP
SITU
| AuM | $26,270.01 M | $4,829.17 M |
| Management Fees | 0.08% | 0.05% |
| Exp. ratio | 0.09% | 0.08% |
| Tracking Difference | -0.05% | -0.07% |
Historical performance and flows
As of October 5, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZSP | +4.89% | +3.73% | +18.78% | +18.96% | +95.83% |
SITU | +4.85% | +3.49% | +18.97% | +18.68% | +97.13% | |
| Flows | ZSP | +$774 M | +$964 M | +$1,308 M | +$2,140 M | +$5,911 M |
SITU | -$0 M | +$120 M | +$623 M | +$1,019 M | +$2,747 M |
ZSP vs SITU exposure
Countries
ZSP
USA
97.65%
SITU
USA
97.39%
Sectors
ZSP
Technology
45.20%
Finance
13.72%
Healthcare
9.09%
Consumer Non-Cyclicals
8.98%
Industrials
7.57%
Other
15.44%
SITU
Technology
45.22%
Finance
13.33%
Healthcare
9.27%
Consumer Non-Cyclicals
8.82%
Industrials
7.48%
Other
15.88%
As of October 5, 2026
Top 10 Holdings
ZSP
NVIDIA Corp.
7.95%
Apple, Inc.
7.09%
Microsoft Corp.
5.75%
Amazon.com, Inc.
3.93%
Alphabet, Inc.
3.06%
Broadcom Inc.
2.64%
Alphabet, Inc.
2.44%
Meta Platforms, Inc.
1.92%
Micron Technology, Inc.
1.59%
Tesla, Inc.
1.48%
SITU
NVIDIA Corp.
7.74%
Apple, Inc.
6.82%
Microsoft Corp.
5.60%
Amazon.com, Inc.
3.76%
Alphabet, Inc.
2.98%
Broadcom Inc.
2.60%
Alphabet, Inc.
2.57%
Meta Platforms, Inc.
1.89%
Tesla, Inc.
1.69%
Micron Technology, Inc.
1.63%
Diversification
ZSP
Total weight of top 10 holdings out of 502 total
37.84%
SITU
Total weight of top 10 holdings out of 505 total
37.28%
Characteristics
Compare
ZSP
SITU
| Provider | BMO | Scotia Bank |
| Management | Passively managed | Passively managed |
| Benchmark | S&P 500 CAD Total Return Index - CAD | Solactive GBS United States 500 CAD Net Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.75% | 0.97% |
| Meets ESG criteria | No | No |
| Inception Date | November 14, 2012 | March 11, 2020 |
Frequently asked questions about ZSP and SITU
Which ETF has performed better year to date: ZSP or SITU?
As of October 5, 2026, ZSP has returned 18.78% year to date, while SITU has returned 18.97%. SITU is ahead on YTD performance.
Which ETF is larger by assets under management: ZSP or SITU?
As of October 5, 2026, ZSP manages $26.27 B in assets, while SITU manages $4.83 B. ZSP is the larger fund by AUM.
How are ZSP and SITU managed?
ZSP is passively managed by BMO. It tracks the S&P 500 CAD Total Return Index - CAD benchmark. SITU is passively managed by Scotia Bank. It tracks the Solactive GBS United States 500 CAD Net Total Return Index - CAD benchmark.
What sectors do ZSP and SITU emphasize?
ZSP is most exposed to Technology, Finance, and Healthcare. SITU is most exposed to Technology, Finance, and Healthcare.
Which ETF is attracting more investor flows: ZSP or SITU?
Year to date, ZSP has seen +$1,308.24 M in net flows, compared with +$623.08 M for SITU. ZSP has attracted more net investor money so far.
How do the fees of ZSP and SITU compare?
ZSP has an expense ratio of 0.09%, while SITU has an expense ratio of 0.08%.
What are the top holdings of ZSP and SITU?
ZSP's largest holdings include NVIDIA Corp., Apple, Inc., and Microsoft Corp.. SITU's top holdings include NVIDIA Corp., Apple, Inc., and Microsoft Corp..
Which ETF is more diversified: ZSP or SITU?
ZSP holds 499 securities, while SITU holds 500. On holdings count, SITU is the more diversified portfolio.
Recent articles about ZSP and SITU
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