VS
BMO Global Consumer Discretionary Hedged to CAD Index ETF (DISC) and BMO SPDR Consumer Discretionary Select Sector Index ETF (ZXLY.F) 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.F 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.F. Performance-wise, DISC has returned 6.11% year-to-date with +$3 M in net flows, whereas ZXLY.F is at 6.88% with +$3 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.F
| AuM | $29.54 M | $7.16 M |
| Management Fees | 0.35% | 0.21% |
| Exp. ratio | 0.39% | 0.21% |
| Tracking Difference | -0.67% | - |
Historical performance and flows
As of September 14, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | DISC | -4.07% | -3.63% | -6.11% | -7.49% | +28.08% |
ZXLY.F | -4.67% | -5.21% | -6.88% | -7.89% | - | |
| Flows | DISC | +$0 M | -$13 M | +$3 M | +$6 M | -$3 M |
ZXLY.F | -$1 M | +$3 M | +$3 M | +$3 M | - |
DISC vs ZXLY.F exposure
Countries
DISC
USA
67.14%
Japan
12.74%
Other
20.12%
ZXLY.F
USA
97.17%
Sectors
DISC
Consumer Cyclicals
36.58%
Consumer Non-Cyclicals
29.58%
Consumer Services
18.07%
Technology
9.57%
ZXLY.F
Consumer Cyclicals
38.90%
Consumer Non-Cyclicals
33.59%
Consumer Services
25.30%
As of September 14, 2026
Top 10 Holdings
DISC
Amazon.com, Inc.
9.86%
Tesla, Inc.
7.59%
Walmart, Inc.
5.46%
Costco Wholesale Corp.
4.74%
The Home Depot, Inc.
3.72%
Netflix, Inc.
3.44%
Toyota Motor Corp.
2.32%
McDonald's Corp.
2.13%
The TJX Cos., Inc.
1.97%
The Walt Disney Co.
1.90%
ZXLY.F
Amazon.com, Inc.
25.60%
Tesla, Inc.
14.69%
The Home Depot, Inc.
5.54%
McDonald's Corp.
4.20%
The TJX Cos., Inc.
4.12%
Booking Holdings, Inc.
3.76%
Starbucks Corp.
3.02%
Lowe's Companies, Inc.
2.93%
Marriott International, Inc.
2.05%
Ross Stores, Inc.
2.03%
Diversification
DISC
Total weight of top 10 holdings out of 269 total
43.13%
ZXLY.F
Total weight of top 10 holdings out of 46 total
67.95%
Characteristics
Compare
DISC
ZXLY.F
| 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 | 0.65% | 0.56% |
| Meets ESG criteria | No | No |
| Inception Date | April 7, 2017 | February 2, 2025 |
Frequently asked questions about DISC and ZXLY.F
Which ETF has performed better year to date: DISC or ZXLY.F?
As of September 14, 2026, DISC has returned -6.11% year to date, while ZXLY.F has returned -6.88%. DISC is ahead on YTD performance.
Which ETF is larger by assets under management: DISC or ZXLY.F?
As of September 14, 2026, DISC manages $29.54 M in assets, while ZXLY.F manages $7.16 M. DISC is the larger fund by AUM.
How are DISC and ZXLY.F 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.F 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.F emphasize?
DISC is most exposed to Consumer Cyclicals, Consumer Non-Cyclicals, and Consumer Services. ZXLY.F is most exposed to Consumer Cyclicals, Consumer Non-Cyclicals, and Consumer Services.
Which ETF is attracting more investor flows: DISC or ZXLY.F?
Year to date, DISC has seen +$3.40 M in net flows, compared with +$2.97 M for ZXLY.F. DISC has attracted more net investor money so far.
How do the fees of DISC and ZXLY.F compare?
DISC has an expense ratio of 0.39%, while ZXLY.F has an expense ratio of 0.21%.
What are the top holdings of DISC and ZXLY.F?
DISC's largest holdings include Amazon.com, Inc., Tesla, Inc., and Walmart, Inc.. ZXLY.F's top holdings include Amazon.com, Inc., Tesla, Inc., and The Home Depot, Inc..
Which ETF is more diversified: DISC or ZXLY.F?
DISC holds 263 securities, while ZXLY.F holds 46. On holdings count, DISC is the more diversified portfolio.
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.