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BMO MSCI USA High Quality Index ETF (ZUQ) and BMO Market+ US Equity ETF (ZMPU.U) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZUQ focuses its top 3 sector exposures on Information Technology, Health Care, and Communication Services, while ZMPU.U leans towards Information Technology, Communication Services, and Consumer Discretionary. When evaluating costs, ZUQ features a management fee (MER) of 0.3%, compared to 0.2% for ZMPU.U. 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
ZUQ
ZMPU.U
| AuM | $1,249.14 M | $1.61 M |
| Management Fees | 0.30% | 0.20% |
| Exp. ratio | 0.33% | 0.20% |
| Tracking Difference | -0.12% | - |
Historical performance and flows
As of June 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZUQ | +4.20% | +10.94% | +9.91% | +23.83% | +82.64% |
ZMPU.U | -0.74% | +8.95% | - | - | - | |
| Flows | ZUQ | -$0 M | -$5 M | -$90 M | -$111 M | +$268 M |
ZMPU.U | +$0 M | +$0 M | - | - | - |
ZUQ vs ZMPU.U exposure
Countries
ZUQ
USA
96.13%
ZMPU.U
USA
96.29%
Sectors
ZUQ
Information Technology
38.12%
Health Care
14.78%
Communication Services
13.87%
Consumer Staples
11.24%
Industrials
10.52%
Other
11.47%
ZMPU.U
Information Technology
36.35%
Communication Services
10.74%
Consumer Discretionary
10.14%
Financials
9.38%
Health Care
8.07%
Industrials
7.36%
Other
17.97%
As of June 11, 2026
Top 10 Holdings
ZUQ
META PLATFORMS
5.29%
NVIDIA
5.20%
APPLE
4.75%
VISA INCORPORATION
4.44%
LILLY
4.01%
MICROSOFT-T
3.99%
ALPHABET INC-CL
3.19%
MASTERCARD
3.14%
JOHNSON&JOHNSON
3.10%
WALMART INC
2.98%
ZMPU.U
NVIDIA
8.47%
APPLE
7.25%
MICROSOFT-T
5.30%
AMAZON.COM INC
5.09%
BROADCOM LIMITED
4.17%
ALPHABET INC-CL
3.26%
ALPHABET INC-CL
3.12%
META PLATFORMS
3.00%
JPMORGAN CHASE
2.12%
MICRON TECHNOLOGY
2.10%
Diversification
ZUQ
Total weight of top 10 holdings out of 120 total
40.09%
ZMPU.U
Total weight of top 10 holdings out of 99 total
43.90%
Characteristics
Compare
ZUQ
ZMPU.U
| Provider | BMO | BMO |
| Management | Passively managed | Actively managed |
| Benchmark | MSCI USA Quality Net Total Return Index - CAD | - |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.43% | - |
| Meets ESG criteria | No | No |
| Inception Date | November 5, 2014 | March 4, 2026 |
Frequently asked questions about ZUQ and ZMPU.U
Which ETF is larger by assets under management: ZUQ or ZMPU.U?
As of June 11, 2026, ZUQ manages $1.25 B in assets, while ZMPU.U manages $1.61 M. ZUQ is the larger fund by AUM.
How are ZUQ and ZMPU.U managed?
ZUQ is passively managed by BMO. It tracks the MSCI USA Quality Net Total Return Index - CAD benchmark. ZMPU.U is actively managed by BMO. It does not track an index.
What sectors do ZUQ and ZMPU.U emphasize?
ZUQ is most exposed to Information Technology, Health Care, and Communication Services. ZMPU.U is most exposed to Information Technology, Communication Services, and Consumer Discretionary.
How do the fees of ZUQ and ZMPU.U compare?
ZUQ has an expense ratio of 0.33%, while ZMPU.U has an expense ratio of 0.20%.
What are the top holdings of ZUQ and ZMPU.U?
ZUQ's largest holdings include ALPHABET INC-CL and META PLATFORMS. ZMPU.U's top holdings include NVIDIA, APPLE, and ALPHABET INC-CL.
Which ETF is more diversified: ZUQ or ZMPU.U?
ZUQ holds 114 securities, while ZMPU.U holds 95. On holdings count, ZUQ is the more diversified portfolio.
Recent articles about ZUQ and ZMPU.U
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