VS
BMO Global Consumer Discretionary Hedged to CAD Index ETF (DISC) and BMO SPDR Consumer Discretionary Select Sector Index ETF (ZXLY) 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 ZXLY leans towards Consumer Cyclicals, Consumer Non-Cyclicals, and Consumer Services. When evaluating costs, DISC features a management fee (MER) of 0.35%, compared to 0.21% for ZXLY. Performance-wise, DISC has returned 3.26% year-to-date with +$3 M in net flows, whereas ZXLY is at 0.76% with -$1 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
ZXLY
| AuM | $30.39 M | $3.71 M |
| Management Fees | 0.35% | 0.21% |
| Exp. ratio | 0.39% | 0.21% |
| Tracking Difference | -0.44% | - |
Historical performance and flows
As of November 3, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | DISC | +5.87% | -0.02% | -3.26% | -4.66% | +39.01% |
ZXLY | +4.38% | -1.04% | +0.76% | -2.79% | - | |
| Flows | DISC | +$0 M | +$0 M | +$3 M | +$8 M | -$2 M |
ZXLY | +$0 M | +$0 M | -$1 M | -$1 M | - |
DISC vs ZXLY exposure
Countries
DISC
USA
70.89%
Japan
13.21%
Other
15.91%
ZXLY
USA
97.17%
Sectors
DISC
Consumer Cyclicals
38.84%
Consumer Non-Cyclicals
30.64%
Consumer Services
18.41%
Technology
9.65%
ZXLY
Consumer Cyclicals
41.24%
Consumer Non-Cyclicals
31.41%
Consumer Services
25.05%
As of November 3, 2026
Top 10 Holdings
DISC
Tesla, Inc.
10.21%
Amazon.com, Inc.
10.18%
Walmart, Inc.
5.81%
Costco Wholesale Corp.
5.06%
Netflix, Inc.
3.61%
The Home Depot, Inc.
3.57%
Toyota Motor Corp.
2.40%
The Walt Disney Co.
2.28%
McDonald's Corp.
2.06%
The TJX Cos., Inc.
1.84%
ZXLY
US81369Y4070
100.00%
Diversification
DISC
Total weight of top 10 holdings out of 248 total
47.01%
ZXLY
Total weight of top 10 holdings out of 46 total
100.00%
Characteristics
Compare
DISC
ZXLY
| Provider | BMO | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | FTSE Developed ex Korea Consumer Discretionary Capped 100% Hedged to CAD Total Return Index - CAD | S&P Consumer Discretionary Select Sector Total Return Index - USD |
| Replication Method | Direct (Physical) | Other |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.64% | 0.64% |
| Meets ESG criteria | No | No |
| Inception Date | April 7, 2017 | February 2, 2025 |
Frequently asked questions about DISC and ZXLY
Which ETF has performed better year to date: DISC or ZXLY?
As of November 3, 2026, DISC has returned -3.26% year to date, while ZXLY has returned 0.76%. ZXLY is ahead on YTD performance.
Which ETF is larger by assets under management: DISC or ZXLY?
As of November 3, 2026, DISC manages $30.39 M in assets, while ZXLY manages $3.71 M. DISC is the larger fund by AUM.
How are DISC and ZXLY 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. ZXLY is passively managed by BMO. It tracks the S&P Consumer Discretionary Select Sector Total Return Index - USD benchmark.
Which ETF is more diversified: DISC or ZXLY?
DISC holds 242 securities, while ZXLY holds 1. On holdings count, DISC is the more diversified portfolio.
Which ETF is attracting more investor flows: DISC or ZXLY?
Year to date, DISC has seen +$3.40 M in net flows, compared with -$1.32 M for ZXLY. DISC has attracted more net investor money so far.
How do the fees of DISC and ZXLY compare?
DISC has an expense ratio of 0.39%, while ZXLY has an expense ratio of 0.21%.
What sectors do DISC and ZXLY emphasize?
DISC is most exposed to Consumer Cyclicals, Consumer Non-Cyclicals, and Consumer Services. ZXLY is most exposed to Consumer Cyclicals, Consumer Non-Cyclicals, and Consumer Services.
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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.