Compare BMO S&P 500 Index ETF (ZSP) vs BMO S&P 500 Index ETF (ZUE) to find the best fit for your portfolio. ZSP and ZUE provide the same top sector exposures: Technology, Finance, and Consumer Non-Cyclicals. When evaluating costs, ZSP features a management fee (MER) of 0.08%, compared to 0.08% for ZUE. Performance-wise, ZSP has returned 13.1% year-to-date with +$371 M in net flows, whereas ZUE is at 11.07% with +$214 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
ZUE
| AuM | $24,149.29 M | $4,926.83 M |
| Management Fees | 0.08% | 0.08% |
| Exp. ratio | 0.09% | 0.09% |
| Tracking Difference | -0.66% | - |
Historical performance and flows
As of August 21, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZSP | -0.16% | +3.22% | +13.10% | +20.42% | +82.89% |
ZUE | +2.07% | +2.81% | +11.07% | +19.05% | +71.64% | |
| Flows | ZSP | +$80 M | +$15 M | +$371 M | +$858 M | +$4,935 M |
ZUE | +$31 M | +$326 M | +$214 M | +$333 M | +$1,531 M |
ZSP vs ZUE exposure
Countries
ZSP
USA
97.59%
ZUE
USA
97.59%
Sectors
ZSP
Technology
45.24%
Finance
13.35%
Consumer Non-Cyclicals
8.96%
Healthcare
8.87%
Industrials
7.90%
Other
15.69%
ZUE
Technology
45.24%
Finance
13.35%
Consumer Non-Cyclicals
8.96%
Healthcare
8.87%
Industrials
7.90%
Other
15.69%
As of August 21, 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%
ZUE
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%
Diversification
ZSP
Total weight of top 10 holdings out of 502 total
36.20%
ZUE
Total weight of top 10 holdings out of 502 total
36.20%
Characteristics
Compare
ZSP
ZUE
| Provider | BMO | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | S&P 500 CAD Total Return Index - CAD | S&P 500 CAD Hedged Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.77% | 0.80% |
| Meets ESG criteria | No | No |
| Inception Date | November 14, 2012 | May 29, 2009 |
Frequently asked questions about ZSP and ZUE
Which ETF has performed better year to date: ZSP or ZUE?
As of August 21, 2026, ZSP has returned 13.10% year to date, while ZUE has returned 11.07%. ZSP is ahead on YTD performance.
Which ETF is larger by assets under management: ZSP or ZUE?
As of August 21, 2026, ZSP manages $24.15 B in assets, while ZUE manages $4.93 B. ZSP is the larger fund by AUM.
How are ZSP and ZUE managed?
ZSP is passively managed by BMO. It tracks the S&P 500 CAD Total Return Index - CAD benchmark. ZUE is passively managed by BMO. It tracks the S&P 500 CAD Hedged Total Return Index - CAD benchmark.
What sectors do ZSP and ZUE emphasize?
ZSP is most exposed to Technology, Finance, and Consumer Non-Cyclicals. ZUE is most exposed to Technology, Finance, and Consumer Non-Cyclicals.
Which ETF is attracting more investor flows: ZSP or ZUE?
Year to date, ZSP has seen +$371.01 M in net flows, compared with +$213.79 M for ZUE. ZSP has attracted more net investor money so far.
How do the fees of ZSP and ZUE compare?
ZSP has an expense ratio of 0.09%, while ZUE has an expense ratio of 0.09%.
What are the top holdings of ZSP and ZUE?
ZSP's largest holdings include NVIDIA Corp., Apple, Inc., and Alphabet, Inc.. ZUE's top holdings include NVIDIA Corp., Apple, Inc., and Alphabet, Inc..
Which ETF is more diversified: ZSP or ZUE?
ZSP holds 495 securities, while ZUE holds 495. On holdings count, ZSP is the more diversified portfolio.
Recent articles about ZSP and ZUE
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