VS
Compare CIBC MSCI Canada Equity Index ETF (CCEI) vs Desjardins Canadian Equity Index ETF (DMEC) to find the best fit for your portfolio. CCEI provides Finance, Energy, and Non-Energy Materials exposures, while DMEC is primarily weighted in Finance, Non-Energy Materials, and Energy. When evaluating costs, CCEI features a management fee (MER) of 0.04%, compared to 0.05% for DMEC. Performance-wise, CCEI has returned 14.04% year-to-date with +$104 M in net flows, whereas DMEC is at 13.99% with +$586 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
CCEI
DMEC
| AuM | $773.54 M | $2,220.22 M |
| Management Fees | 0.04% | 0.05% |
| Exp. ratio | 0.05% | 0.06% |
| Tracking Difference | -0.04% | -0.27% |
Historical performance and flows
As of July 28, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CCEI | +2.72% | +6.73% | +14.04% | +33.21% | +90.44% |
DMEC | +2.81% | +6.89% | +13.99% | +33.36% | - | |
| Flows | CCEI | +$19 M | +$76 M | +$104 M | +$137 M | +$309 M |
DMEC | +$74 M | +$314 M | +$586 M | +$975 M | - |
CCEI vs DMEC exposure
Countries
CCEI
Canada
96.50%
DMEC
Canada
97.15%
Sectors
CCEI
Finance
42.42%
Energy
16.67%
Non-Energy Materials
16.38%
Industrials
7.92%
Other
16.61%
DMEC
Finance
42.29%
Non-Energy Materials
16.34%
Energy
16.22%
Industrials
7.95%
Other
17.20%
As of July 28, 2026
Top 10 Holdings
CCEI
Royal Bank of Canada
8.34%
The Toronto-Dominion Bank
5.81%
Shopify, Inc.
4.04%
Bank of Montreal
3.51%
Enbridge, Inc.
3.41%
The Bank of Nova Scotia
3.09%
Canadian Imperial Bank of Commerce
3.05%
Brookfield Corp.
2.46%
Canadian Natural Resources Ltd.
2.38%
Agnico Eagle Mines Ltd.
2.28%
DMEC
Royal Bank of Canada
8.19%
The Toronto-Dominion Bank
5.81%
Shopify, Inc.
3.82%
Bank of Montreal
3.53%
Enbridge, Inc.
3.35%
The Bank of Nova Scotia
3.03%
Canadian Imperial Bank of Commerce
3.02%
Brookfield Corp.
2.64%
Canadian Natural Resources Ltd.
2.28%
Agnico Eagle Mines Ltd.
2.20%
Diversification
CCEI
Total weight of top 10 holdings out of 276 total
38.37%
DMEC
Total weight of top 10 holdings out of 332 total
37.87%
Characteristics
Compare
CCEI
DMEC
| Provider | CIBC | Desjardins Investments |
| Management | Passively managed | Passively managed |
| Benchmark | MSCI Canada Domestic IMI GTR Index - CAD | Solactive Canada Broad Market Index NTR - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.25% | 1.69% |
| Meets ESG criteria | No | No |
| Inception Date | March 31, 2021 | April 18, 2024 |
Frequently asked questions about CCEI and DMEC
Which ETF has performed better year to date: CCEI or DMEC?
As of July 28, 2026, CCEI has returned 14.04% year to date, while DMEC has returned 13.99%. CCEI is ahead on YTD performance.
Which ETF is larger by assets under management: CCEI or DMEC?
As of July 28, 2026, CCEI manages $773.54 M in assets, while DMEC manages $2.22 B. DMEC is the larger fund by AUM.
How are CCEI and DMEC managed?
CCEI is passively managed by CIBC. It tracks the MSCI Canada Domestic IMI GTR Index - CAD benchmark. DMEC is passively managed by Desjardins Investments. It tracks the Solactive Canada Broad Market Index NTR - CAD benchmark.
What sectors do CCEI and DMEC emphasize?
CCEI is most exposed to Finance, Energy, and Non-Energy Materials. DMEC is most exposed to Finance, Non-Energy Materials, and Energy.
Which ETF is attracting more investor flows: CCEI or DMEC?
Year to date, CCEI has seen +$104.16 M in net flows, compared with +$586.02 M for DMEC. DMEC has attracted more net investor money so far.
How do the fees of CCEI and DMEC compare?
CCEI has an expense ratio of 0.05%, while DMEC has an expense ratio of 0.06%.
What are the top holdings of CCEI and DMEC?
CCEI's largest holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Shopify, Inc.. DMEC's top holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Shopify, Inc..
Which ETF is more diversified: CCEI or DMEC?
CCEI holds 273 securities, while DMEC holds 325. On holdings count, DMEC is the more diversified portfolio.
Recent articles about CCEI and DMEC
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.

