Investment Q&A

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BMO S&P 500 Index ETF (ZSP $103.64)
- $103.64 P/E (TTM): 25.89X Cap: $21.30B
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TD U.S. Equity Index ETF (TPU.U $39.88)
- $39.88 P/E (TTM): 26.38X Cap: $45M
- View TPU.U Profile
- View Questions on TPU.U

Q: As TD has just added some commission free ETFs, I'm thinking of using TPU to add to my US holdings. I've previously used ZSP. Despite ZSP's being the 500 with TPU's being the index, they seem to have performed pretty much in tandem. Am I missing something in thinking it's fine to hold both as long as my total US holdings are in line with my desired percentage? I have no individual US stocks.

Asked by M.S. on December 15, 2025

5i Research Answer:

There will be some overlap here, but we would have no objection to owning both, as long as the...

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