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 Discretionary, Consumer Staples, and Communication Services, while ZXLY leans towards Consumer Discretionary. When evaluating costs, DISC features a management fee (MER) of 0.35%, compared to 0.21% for ZXLY. Performance-wise, DISC has returned 4.15% year-to-date with +$16 M in net flows, whereas ZXLY is at 2.35% with +$12 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 | $43.07 M | $17.28 M |
| Management Fees | 0.35% | 0.21% |
| Exp. ratio | 0.39% | 0.21% |
| Tracking Difference | -0.48% | - |
Historical performance and flows
As of April 29, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | DISC | +5.59% | -3.72% | -4.15% | +7.66% | +44.28% |
ZXLY | +8.62% | -2.11% | -2.35% | +16.78% | - | |
| Flows | DISC | +$13 M | +$13 M | +$16 M | +$16 M | +$7 M |
ZXLY | +$11 M | +$8 M | +$12 M | +$13 M | - |
DISC vs ZXLY exposure
Countries
DISC
USA
71.51%
Japan
11.80%
Other
16.69%
ZXLY
USA
95.90%
Sectors
DISC
Consumer Discretionary
70.60%
Consumer Staples
12.95%
Communication Services
12.57%
ZXLY
Consumer Discretionary
99.52%
As of April 29, 2026
Top 10 Holdings
DISC
AMAZON.COM INC
10.29%
TESLA
9.66%
WALMART INC
6.34%
COSTCO WHOLESALE
5.22%
NETFLIX
4.65%
HOME DEPOT
3.80%
MCDONALD'S
2.59%
TOYOTA
2.51%
TJX
2.06%
WALT DISNEY
1.98%
ZXLY
AMAZON.COM INC
23.53%
TESLA
18.97%
HOME DEPOT
5.94%
MCDONALD'S
4.49%
TJX
4.41%
BOOKING HOLDINGS
3.38%
LOWE'S COS INC
3.30%
STARBUCKS-T
2.54%
O'REILLY AUTOMOTIVE
1.93%
MARRIOTT INTL
1.79%
Diversification
DISC
Total weight of top 10 holdings out of 272 total
49.08%
ZXLY
Total weight of top 10 holdings out of 48 total
70.30%
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) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.64% | 0.66% |
| 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 April 29, 2026, DISC has returned -4.15% year to date, while ZXLY has returned -2.35%. ZXLY is ahead on YTD performance.
Which ETF is larger by assets under management: DISC or ZXLY?
As of April 29, 2026, DISC manages $43.07 M in assets, while ZXLY manages $17.28 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.
What sectors do DISC and ZXLY emphasize?
DISC is most exposed to Consumer Discretionary, Consumer Staples, and Communication Services. ZXLY is most exposed to Consumer Discretionary.
Which ETF is attracting more investor flows: DISC or ZXLY?
Year to date, DISC has seen +$15.80 M in net flows, compared with +$12.31 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 are the top holdings of DISC and ZXLY?
DISC's largest holdings include AMAZON.COM INC, TESLA, and WALMART INC. ZXLY's top holdings include AMAZON.COM INC, TESLA, and HOME DEPOT.
Which ETF is more diversified: DISC or ZXLY?
DISC holds 260 securities, while ZXLY holds 48. On holdings count, DISC is the more diversified portfolio.
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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.