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BMO S&P 500 Index ETF (ZSP) and BMO US Equity Buffer Hedged to CAD ETF (ZOCT) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZSP focuses its top 3 sector exposures on Technology, Finance, and Consumer Non-Cyclicals, while ZOCT leans towards Technology, Finance, and Consumer Non-Cyclicals. When evaluating costs, ZSP features a management fee (MER) of 0.08%, compared to 0.73% for ZOCT. Performance-wise, ZSP has returned 11.41% year-to-date with +$413 M in net flows, whereas ZOCT is at 4.61% 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
ZSP
ZOCT
| AuM | $23,826.90 M | $44.63 M |
| Management Fees | 0.08% | 0.73% |
| Exp. ratio | 0.09% | 0.73% |
| Tracking Difference | -0.10% | - |
Historical performance and flows
As of July 30, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZSP | -2.03% | +6.61% | +11.41% | +19.43% | +77.63% |
ZOCT | +0.24% | +2.05% | +4.61% | +8.60% | - | |
| Flows | ZSP | -$106 M | +$38 M | +$413 M | +$1,092 M | +$5,278 M |
ZOCT | +$0 M | +$0 M | +$0 M | +$4 M | - |
ZSP vs ZOCT exposure
Countries
ZSP
USA
97.59%
ZOCT
USA
100.72%
Sectors
ZSP
Technology
45.24%
Finance
13.35%
Consumer Non-Cyclicals
8.96%
Healthcare
8.87%
Industrials
7.90%
Other
15.69%
ZOCT
Technology
46.69%
Finance
13.78%
Consumer Non-Cyclicals
9.25%
Healthcare
9.15%
Industrials
8.15%
Other
12.98%
As of July 30, 2026
Top 10 Holdings
ZSP
NVIDIA Corp.
7.39%
Apple, Inc.
6.48%
Microsoft Corp.
4.29%
Amazon.com, Inc.
3.68%
Alphabet, Inc.
3.24%
Broadcom Inc.
2.76%
Alphabet, Inc.
2.60%
Micron Technology, Inc.
2.03%
Meta Platforms, Inc.
1.94%
Tesla, Inc.
1.81%
ZOCT
NVIDIA Corp.
7.63%
Apple, Inc.
6.68%
Microsoft Corp.
4.42%
Amazon.com, Inc.
3.80%
Alphabet, Inc.
3.35%
Broadcom Inc.
2.84%
Alphabet, Inc.
2.68%
Micron Technology, Inc.
2.09%
Meta Platforms, Inc.
2.00%
Tesla, Inc.
1.87%
Diversification
ZSP
Total weight of top 10 holdings out of 502 total
36.20%
ZOCT
Total weight of top 10 holdings out of 503 total
37.37%
Characteristics
Compare
ZSP
ZOCT
| Provider | BMO | BMO |
| Management | Passively managed | Actively 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 | 0.78% | 0.46% |
| Meets ESG criteria | No | No |
| Inception Date | November 14, 2012 | October 2, 2023 |
Frequently asked questions about ZSP and ZOCT
Which ETF has performed better year to date: ZSP or ZOCT?
As of July 30, 2026, ZSP has returned 11.41% year to date, while ZOCT has returned 4.61%. ZSP is ahead on YTD performance.
Which ETF is larger by assets under management: ZSP or ZOCT?
As of July 30, 2026, ZSP manages $23.83 B in assets, while ZOCT manages $44.63 M. ZSP is the larger fund by AUM.
How are ZSP and ZOCT managed?
ZSP is passively managed by BMO. It tracks the S&P 500 CAD Total Return Index - CAD benchmark. ZOCT is actively managed by BMO. It does not track an index.
What sectors do ZSP and ZOCT emphasize?
ZSP is most exposed to Technology, Finance, and Consumer Non-Cyclicals. ZOCT is most exposed to Technology, Finance, and Consumer Non-Cyclicals.
Which ETF is attracting more investor flows: ZSP or ZOCT?
Year to date, ZSP has seen +$412.57 M in net flows, compared with +$0.04 M for ZOCT. ZSP has attracted more net investor money so far.
How do the fees of ZSP and ZOCT compare?
ZSP has an expense ratio of 0.09%, while ZOCT has an expense ratio of 0.73%.
What are the top holdings of ZSP and ZOCT?
ZSP's largest holdings include NVIDIA Corp., Apple, Inc., and Alphabet, Inc.. ZOCT's top holdings include NVIDIA Corp., Apple, Inc., and Alphabet, Inc..
Which ETF is more diversified: ZSP or ZOCT?
ZSP holds 495 securities, while ZOCT holds 495. On holdings count, ZSP is the more diversified portfolio.
Recent articles about ZSP and ZOCT
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