Compare BMO S&P 500 Index ETF (ZSP) vs Vanguard S&P 500 Index ETF (VFV) to find the best fit for your portfolio. ZSP provides Information Technology, Financials, and Communication Services exposures, while VFV is primarily weighted in Information Technology, Communication Services, and Financials. When evaluating costs, ZSP features a management fee (MER) of 0.08%, compared to 0.08% for VFV. Performance-wise, ZSP has returned 1.84% year-to-date with +$154 M in net flows, whereas VFV is at 1.82% with +$1 B. 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
VFV
| AuM | $20,782.75 M | $28,242.61 M |
| Management Fees | 0.08% | 0.08% |
| Exp. ratio | 0.09% | 0.09% |
| Tracking Difference | -0.65% | 0.03% |
Historical performance and flows
As of April 6, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZSP | +0.58% | -3.85% | -1.84% | +28.86% | +71.67% |
VFV | +0.59% | -3.82% | -1.82% | +28.86% | +72.72% | |
| Flows | ZSP | -$199 M | +$30 M | +$154 M | +$1,264 M | +$4,289 M |
VFV | +$437 M | +$1,202 M | +$1,236 M | +$4,015 M | +$13,401 M |
ZSP vs VFV exposure
Countries
ZSP
USA
96.94%
VFV
USA
96.48%
Sectors
ZSP
Information Technology
34.08%
Financials
10.54%
Communication Services
10.30%
Consumer Discretionary
9.98%
Health Care
9.46%
Industrials
8.53%
Other
17.11%
VFV
Information Technology
33.40%
Communication Services
10.45%
Financials
10.10%
Consumer Discretionary
10.08%
Health Care
9.66%
Industrials
8.52%
Other
17.79%
As of April 6, 2026
Top 10 Holdings
ZSP
NVIDIA
7.62%
APPLE
6.84%
MICROSOFT-T
5.07%
AMAZON.COM INC
3.44%
ALPHABET INC-CL
3.04%
BROADCOM LIMITED
2.58%
ALPHABET INC-CL
2.42%
META PLATFORMS
2.42%
TESLA
1.94%
BERKSHIRE HATHWAY
1.57%
VFV
NVIDIA
7.30%
APPLE
6.62%
MICROSOFT-T
4.95%
AMAZON.COM INC
3.47%
ALPHABET INC-CL
3.08%
BROADCOM LIMITED
2.56%
ALPHABET INC-CL
2.46%
META PLATFORMS
2.39%
TESLA
1.92%
BERKSHIRE HATHWAY
1.57%
Diversification
ZSP
Total weight of top 10 holdings out of 502 total
36.93%
VFV
Total weight of top 10 holdings out of 503 total
36.32%
Characteristics
Compare
ZSP
VFV
| Provider | BMO | Vanguard |
| Management | Passively managed | Passively managed |
| Benchmark | S&P 500 CAD Total Return Index - CAD | S&P 500 ( CAD NY Rate ) Net Total Return 30% Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.86% | 0.95% |
| Meets ESG criteria | No | No |
| Inception Date | November 14, 2012 | November 2, 2012 |
Frequently asked questions about ZSP and VFV
Which ETF has performed better year to date: ZSP or VFV?
As of April 6, 2026, ZSP has returned -1.84% year to date, while VFV has returned -1.82%. VFV is ahead on YTD performance.
Which ETF is larger by assets under management: ZSP or VFV?
As of April 6, 2026, ZSP manages $20.78 B in assets, while VFV manages $28.24 B. VFV is the larger fund by AUM.
How are ZSP and VFV managed?
ZSP is passively managed by BMO. It tracks the S&P 500 CAD Total Return Index - CAD benchmark. VFV is passively managed by Vanguard. It tracks the S&P 500 ( CAD NY Rate ) Net Total Return 30% Index - CAD benchmark.
What sectors do ZSP and VFV emphasize?
ZSP is most exposed to Information Technology, Financials, and Communication Services. VFV is most exposed to Information Technology, Communication Services, and Financials.
Which ETF is attracting more investor flows: ZSP or VFV?
Year to date, ZSP has seen +$154.08 M in net flows, compared with +$1,236.03 M for VFV. VFV has attracted more net investor money so far.
How do the fees of ZSP and VFV compare?
ZSP has an expense ratio of 0.09%, while VFV has an expense ratio of 0.09%.
What are the top holdings of ZSP and VFV?
ZSP's largest holdings include NVIDIA, APPLE, and ALPHABET INC-CL. VFV's top holdings include NVIDIA, APPLE, and ALPHABET INC-CL.
Which ETF is more diversified: ZSP or VFV?
ZSP holds 478 securities, while VFV holds 479. On holdings count, VFV is the more diversified portfolio.
Recent articles about ZSP and VFV
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