VS
BMO Global Consumer Discretionary Hedged to CAD Index ETF (DISC) and BMO Equal Weight Banks Index ETF (ZEB) offer distinct profiles for Canadian ETF investors. A direct comparison shows that DISC focuses its top 3 sector exposures on Consumer Cyclicals, Consumer Non-Cyclicals, and Consumer Services, while ZEB leans towards Finance. When evaluating costs, DISC features a management fee (MER) of 0.35%, compared to 0.25% for ZEB. Performance-wise, DISC has returned 5.24% year-to-date with +$3 M in net flows, whereas ZEB is at 33.4% with +$1 B. 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
DISC
ZEB
| AuM | $29.76 M | $8,225.78 M |
| Management Fees | 0.35% | 0.25% |
| Exp. ratio | 0.39% | 0.28% |
| Tracking Difference | -0.53% | -0.51% |
Historical performance and flows
As of October 28, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | DISC | +3.93% | -0.12% | -5.24% | -6.88% | +43.45% |
ZEB | +1.98% | -0.99% | +33.40% | +45.60% | +186.75% | |
| Flows | DISC | +$0 M | -$4 M | +$3 M | +$8 M | -$2 M |
ZEB | +$403 M | +$1,206 M | +$1,194 M | +$1,949 M | -$27 M |
DISC vs ZEB exposure
Countries
DISC
USA
68.68%
Japan
12.48%
Other
18.84%
ZEB
Canada
100.00%
Sectors
DISC
Consumer Cyclicals
36.84%
Consumer Non-Cyclicals
29.90%
Consumer Services
18.33%
Technology
9.49%
ZEB
Finance
100.00%
As of October 28, 2026
Top 10 Holdings
DISC
Amazon.com, Inc.
11.10%
Tesla, Inc.
8.53%
Walmart, Inc.
5.05%
Costco Wholesale Corp.
4.70%
Netflix, Inc.
3.83%
The Home Depot, Inc.
3.68%
Toyota Motor Corp.
2.32%
The Walt Disney Co.
2.14%
McDonald's Corp.
2.10%
Booking Holdings, Inc.
1.79%
ZEB
The Bank of Nova Scotia
17.59%
The Toronto-Dominion Bank
17.41%
Royal Bank of Canada
17.16%
Bank of Montreal
16.64%
Canadian Imperial Bank of Commerce
15.79%
National Bank of Canada
15.42%
Diversification
DISC
Total weight of top 10 holdings out of 268 total
45.22%
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
DISC
ZEB
| Provider | BMO | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | FTSE Developed ex Korea Consumer Discretionary Capped 100% Hedged to CAD Total Return Index - CAD | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.65% | 2.30% |
| Meets ESG criteria | No | No |
| Inception Date | April 7, 2017 | October 20, 2009 |
Frequently asked questions about DISC and ZEB
Which ETF has performed better year to date: DISC or ZEB?
As of October 28, 2026, DISC has returned -5.24% year to date, while ZEB has returned 33.40%. ZEB is ahead on YTD performance.
Which ETF is larger by assets under management: DISC or ZEB?
As of October 28, 2026, DISC manages $29.76 M in assets, while ZEB manages $8.23 B. ZEB is the larger fund by AUM.
How are DISC and ZEB managed?
DISC is passively managed by BMO. It tracks the FTSE Developed ex Korea Consumer Discretionary Capped 100% Hedged to CAD Total Return Index - CAD benchmark. ZEB is passively managed by BMO. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark.
What sectors do DISC and ZEB emphasize?
DISC is most exposed to Consumer Cyclicals, Consumer Non-Cyclicals, and Consumer Services. ZEB is most exposed to Finance.
Which ETF is attracting more investor flows: DISC or ZEB?
Year to date, DISC has seen +$3.40 M in net flows, compared with +$1,194.26 M for ZEB. ZEB has attracted more net investor money so far.
How do the fees of DISC and ZEB compare?
DISC has an expense ratio of 0.39%, while ZEB has an expense ratio of 0.28%.
What are the top holdings of DISC and ZEB?
DISC's largest holdings include Amazon.com, Inc., Tesla, Inc., and Walmart, Inc.. ZEB's top holdings include The Bank of Nova Scotia, The Toronto-Dominion Bank, and Royal Bank of Canada.
Which ETF is more diversified: DISC or ZEB?
DISC holds 262 securities, while ZEB holds 6. On holdings count, DISC is the more diversified portfolio.
Recent articles about DISC and ZEB
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.