Industry Distribution:

1. Information Technology: approx. 28%
2. Healthcare: approx. 14%
3. Finance: approx. 13%

TOP 3 Markets:

1. USA: approx. 85%
2. Europe: approx. 10%
3. Asia: approx. 5%

The BMO S&P 500 Index ETF (TSX:ZSP) reflects the composition of the S&P 500 Index, which is heavily dominated by US companies. The majority of revenues come from the information technology sector, followed by healthcare and finance. The geographical distribution clearly shows the dominance of the US market, which is typical for the S&P 500. Europe and Asia also contribute to the revenues, but to a much lesser extent.

BMO S&P 500 Index ETF (TSX:ZSP) is an exchange-traded fund (ETF) and not a company that produces physical products.

This ETF aims to replicate the performance of the S&P 500 Index by investing in the companies included in the index. As it is a financial product, there are no physical production facilities or products. The ETF is managed by the Bank of Montreal (BMO), which is headquartered in Canada.

Revenue Growth: Not directly applicable to ETFs
Growth Strategy: Passive index tracking

The BMO S&P 500 Index ETF (TSX:ZSP) follows a passive investment strategy that aims to replicate the performance of the S&P 500 Index. This strategy does not involve active selection of individual securities or market sectors, but rather invests in the companies included in the index according to their weighting.

The future growth of the ETF primarily depends on the performance of the underlying S&P 500 Index. Factors that can influence the growth of the index include economic developments in the USA, corporate earnings of the companies included in the index, and macroeconomic trends.

Additionally, the growth of the ETF could be supported by increased demand for passive investment products and the general market acceptance of ETFs as a cost-effective investment opportunity.

Commodities/Materials: No direct imports

The BMO S&P 500 Index ETF (TSX:ZSP) is an exchange-traded fund that tracks the S&P 500 Index. As such, it invests in the stocks of companies included in the S&P 500 Index and does not import any commodities or materials itself.

Since the ETF is merely a financial product that replicates the performance of an index, there are no physical imports of commodities or materials. However, the companies included in the ETF may import commodities from various countries, but this information pertains to the individual companies and not the ETF itself.

Assets Under Management (AUM): CAD 10 billion (2024) Expense Ratio: 0.09% (2024)

The BMO S&P 500 Index ETF (TSX:ZSP) has established itself as one of the leading ETFs in the Canadian market, particularly due to its low expense ratio of 0.09%, making it an attractive option for cost-conscious investors. With assets under management of CAD 10 billion, the ETF demonstrates a strong market presence.

A key competitive advantage of ZSP is its broad diversification, as it tracks the S&P 500 Index, which includes the 500 largest publicly traded companies in the USA. This provides investors with a solid foundation for a diversified portfolio and reduces the specific risk of individual stocks.

Furthermore, the ETF benefits from the strong brand and distribution network of BMO Global Asset Management, which enhances investor confidence and promotes the liquidity of the ETF. Together, these factors give ZSP a significant competitive edge over other ETFs that may have higher expense ratios or lower assets under management.

Institutional Investor Share: Estimated at around 70-80% (2025)

Insider Buys/Sells: No significant insider transactions, as ETFs typically do not have insiders in the traditional sense.

The BMO S&P 500 Index ETF (TSX:ZSP) is a passively managed fund that tracks the S&P 500 Index. ETFs like ZSP are usually heavily held by institutional investors, as these funds are used as an efficient way to diversify and replicate market indices.

Insider buys and sells are not relevant for ETFs, as they are funds consisting of a variety of stocks and do not have individuals as insiders. Such transactions are more significant for individual stocks.

Market share of BMO S&P 500 Index ETF (TSX:ZSP): 8% (2025, estimated)

Top competitors and their market shares:

1. Vanguard S&P 500 ETF (VOO): 25%
2. iShares Core S&P 500 ETF (IVV): 22%
3. SPDR S&P 500 ETF Trust (SPY): 20%
4. Schwab S&P 500 Index Fund (SWPPX): 10%
5. Fidelity 500 Index Fund (FXAIX): 9%
6. BMO S&P 500 Index ETF (TSX:ZSP): 8%
7. Invesco S&P 500 Equal Weight ETF (RSP): 6%

The BMO S&P 500 Index ETF (TSX:ZSP) holds a market share of approximately 8%, making it a significant but not leading player in the S&P 500 ETF space. The major competitors are Vanguard, iShares, and SPDR, each possessing a substantial market share and dominating the market.

Compared to the leading ETFs, BMO S&P 500 Index ETF's moat is relatively small. The largest ETFs like VOO, IVV, and SPY benefit from high liquidity, low costs, and strong brand recognition, giving them a significant advantage. These factors contribute to a wider moat as they attract investors who value cost efficiency and tradability.

However, BMO S&P 500 Index ETF could have a competitive edge through specific features such as regional advantages or unique fee structures. Overall, the moat is less pronounced compared to the leading ETFs.

Total Expense Ratio (TER): 0.09% (2023)
Managed Assets: 10 billion CAD (2023)
5-Year Performance: 10% p.a. (estimated, based on historical data until 2023)

The BMO S&P 500 Index ETF (TSX:ZSP) is a passively managed fund that tracks the performance of the S&P 500 Index. With a low Total Expense Ratio of 0.09%, it is cost-effective and suitable for long-term investors seeking diversification across the US stock market.

The managed assets of 10 billion CAD indicate that the ETF has reached a significant size, suggesting broad acceptance among investors. The historical performance of approximately 10% per year over the last five years indicates a solid growth that follows general market trends.

Overall, the BMO S&P 500 Index ETF could be a good investment for investors looking for long-term growth and wanting to benefit from the stability and diversification of the US market. However, it is important to consider individual investment goals and risk tolerances.

Dividend Yield: 1.5% (estimated for 2025)
Payout Frequency: Quarterly

The BMO S&P 500 Index ETF (TSX:ZSP) regularly pays dividends, typically on a quarterly basis. The dividend yield is usually around 1.5%, in line with the general dividend yield of the S&P 500 Index.

The reliability of the payout is high as the ETF tracks the S&P 500 Index, which provides broad diversification across 500 large US companies. These companies typically have stable earnings and dividend payments, supporting the ETF's distributions. Historically, the ETF has consistently paid out its dividends, indicating a solid dividend policy.