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BMO SPDR Utilities Select Sector Index ETF (ZXLU) and BMO S&P 500 Index ETF (ZSP) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZXLU focuses its top 3 sector exposures on Utilities, while ZSP leans towards Technology, Finance, and Healthcare. When evaluating costs, ZXLU features a management fee (MER) of 0.21%, compared to 0.08% for ZSP. Performance-wise, ZXLU has returned 0.13% year-to-date with +$6 M in net flows, whereas ZSP is at 13.16% with +$592 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
ZXLU
ZSP
| AuM | $24.92 M | $24,381.49 M |
| Management Fees | 0.21% | 0.08% |
| Exp. ratio | 0.21% | 0.09% |
| Tracking Difference | - | -0.25% |
Historical performance and flows
As of September 16, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZXLU | -5.68% | -7.79% | -0.13% | +2.40% | - |
ZSP | -1.59% | +0.68% | +13.16% | +17.36% | +81.32% | |
| Flows | ZXLU | -$3 M | +$1 M | +$6 M | +$14 M | - |
ZSP | +$285 M | +$15 M | +$592 M | +$1,370 M | +$5,314 M |
ZXLU vs ZSP exposure
Countries
ZXLU
USA
99.70%
ZSP
USA
97.56%
Sectors
ZXLU
Utilities
99.70%
ZSP
Technology
44.85%
Finance
14.06%
Healthcare
8.98%
Consumer Non-Cyclicals
8.97%
Industrials
7.87%
Other
15.28%
As of September 16, 2026
Top 10 Holdings
ZXLU
NextEra Energy, Inc.
13.07%
The Southern Co.
7.68%
Duke Energy Corp.
7.05%
Constellation Energy Corp.
6.05%
American Electric Power Co., Inc.
5.01%
Dominion Energy, Inc.
4.39%
Sempra
4.17%
Entergy Corp.
3.55%
Xcel Energy, Inc.
3.52%
Vistra Corp.
3.39%
ZSP
Apple, Inc.
7.66%
NVIDIA Corp.
7.39%
Microsoft Corp.
5.24%
Amazon.com, Inc.
3.61%
Alphabet, Inc.
3.07%
Broadcom Inc.
2.88%
Alphabet, Inc.
2.47%
Meta Platforms, Inc.
1.85%
Micron Technology, Inc.
1.55%
JPMorgan Chase & Co.
1.47%
Diversification
ZXLU
Total weight of top 10 holdings out of 31 total
57.88%
ZSP
Total weight of top 10 holdings out of 502 total
37.19%
Characteristics
Compare
ZXLU
ZSP
| Provider | BMO | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | S&P Utilities Select Sector Total Return Index - USD | S&P 500 CAD Total Return Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.12% | 0.76% |
| Meets ESG criteria | No | No |
| Inception Date | February 2, 2025 | November 14, 2012 |
Frequently asked questions about ZXLU and ZSP
Which ETF has performed better year to date: ZXLU or ZSP?
As of September 16, 2026, ZXLU has returned -0.13% year to date, while ZSP has returned 13.16%. ZSP is ahead on YTD performance.
Which ETF is larger by assets under management: ZXLU or ZSP?
As of September 16, 2026, ZXLU manages $24.92 M in assets, while ZSP manages $24.38 B. ZSP is the larger fund by AUM.
How are ZXLU and ZSP managed?
ZXLU is passively managed by BMO. It tracks the S&P Utilities Select Sector Total Return Index - USD benchmark. ZSP is passively managed by BMO. It tracks the S&P 500 CAD Total Return Index - CAD benchmark.
What sectors do ZXLU and ZSP emphasize?
ZXLU is most exposed to Utilities. ZSP is most exposed to Technology, Finance, and Healthcare.
Which ETF is attracting more investor flows: ZXLU or ZSP?
Year to date, ZXLU has seen +$6.31 M in net flows, compared with +$591.94 M for ZSP. ZSP has attracted more net investor money so far.
How do the fees of ZXLU and ZSP compare?
ZXLU has an expense ratio of 0.21%, while ZSP has an expense ratio of 0.09%.
What are the top holdings of ZXLU and ZSP?
ZXLU's largest holdings include NextEra Energy, Inc., The Southern Co., and Duke Energy Corp.. ZSP's top holdings include Apple, Inc., NVIDIA Corp., and Alphabet, Inc..
Which ETF is more diversified: ZXLU or ZSP?
ZXLU holds 31 securities, while ZSP holds 499. On holdings count, ZSP is the more diversified portfolio.
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