VS
BMO Global Consumer Discretionary Hedged to CAD Index ETF (DISC) and BMO Equal Weight Utilities Index ETF (ZUT) 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 ZUT leans towards Utilities, Energy, and Industrials. When evaluating costs, DISC features a management fee (MER) of 0.35%, compared to 0.55% for ZUT. Performance-wise, DISC has returned 5.24% year-to-date with +$3 M in net flows, whereas ZUT is at 16.63% with -$71 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
DISC
ZUT
| AuM | $29.76 M | $864.19 M |
| Management Fees | 0.35% | 0.55% |
| Exp. ratio | 0.39% | 0.61% |
| Tracking Difference | -0.53% | -0.73% |
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% |
ZUT | +4.39% | -4.62% | +16.63% | +9.80% | +76.45% | |
| Flows | DISC | +$0 M | -$4 M | +$3 M | +$8 M | -$2 M |
ZUT | -$16 M | +$51 M | -$71 M | +$5 M | +$259 M |
DISC vs ZUT exposure
Countries
DISC
USA
68.68%
Japan
12.48%
Other
18.84%
ZUT
Canada
82.83%
Bermuda
17.17%
Sectors
DISC
Consumer Cyclicals
36.84%
Consumer Non-Cyclicals
29.90%
Consumer Services
18.33%
Technology
9.49%
ZUT
Utilities
82.26%
Energy
9.30%
Industrials
8.44%
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%
ZUT
AltaGas Ltd.
9.30%
ATCO Ltd.
9.15%
Canadian Utilities Ltd.
8.78%
Brookfield Renewable Partners LP
8.73%
Capital Power Corp.
8.69%
Brookfield Infrastructure Partners LP
8.44%
Northland Power, Inc.
8.00%
TransAlta Corp.
7.98%
Emera, Inc.
7.97%
Fortis, Inc.
7.90%
Diversification
DISC
Total weight of top 10 holdings out of 268 total
45.22%
ZUT
Total weight of top 10 holdings out of 12 total
84.93%
Characteristics
Compare
DISC
ZUT
| 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 Utilities Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.65% | 2.84% |
| Meets ESG criteria | No | No |
| Inception Date | April 7, 2017 | January 19, 2010 |
Frequently asked questions about DISC and ZUT
Which ETF has performed better year to date: DISC or ZUT?
As of October 28, 2026, DISC has returned -5.24% year to date, while ZUT has returned 16.63%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: DISC or ZUT?
As of October 28, 2026, DISC manages $29.76 M in assets, while ZUT manages $864.19 M. ZUT is the larger fund by AUM.
How are DISC and ZUT 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. ZUT is passively managed by BMO. It tracks the Solactive Equal Weight Canada Utilities Total Return Index - CAD benchmark.
What sectors do DISC and ZUT emphasize?
DISC is most exposed to Consumer Cyclicals, Consumer Non-Cyclicals, and Consumer Services. ZUT is most exposed to Utilities, Energy, and Industrials.
Which ETF is attracting more investor flows: DISC or ZUT?
Year to date, DISC has seen +$3.40 M in net flows, compared with -$71.39 M for ZUT. DISC has attracted more net investor money so far.
How do the fees of DISC and ZUT compare?
DISC has an expense ratio of 0.39%, while ZUT has an expense ratio of 0.61%.
What are the top holdings of DISC and ZUT?
DISC's largest holdings include Amazon.com, Inc., Tesla, Inc., and Walmart, Inc.. ZUT's top holdings include AltaGas Ltd., ATCO Ltd., and Canadian Utilities Ltd..
Which ETF is more diversified: DISC or ZUT?
DISC holds 262 securities, while ZUT holds 12. On holdings count, DISC is the more diversified portfolio.
Recent articles about DISC and ZUT
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