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Compare iShares Emerging Markets Fundamental Index ETF (CWO) vs Desjardins Emerging Markets Equity Index ETF (DMEE) to find the best fit for your portfolio. CWO provides Finance, Technology, and Energy exposures, while DMEE is primarily weighted in Technology, Finance, and Industrials. When evaluating costs, CWO features a management fee (MER) of 0.65%, compared to 0.25% for DMEE. Performance-wise, CWO has returned 15.85% year-to-date with +$24 M in net flows, whereas DMEE is at 23.99% with +$294 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
CWO
DMEE
| AuM | $116.54 M | $980.18 M |
| Management Fees | 0.65% | 0.25% |
| Exp. ratio | 0.72% | 0.28% |
| Tracking Difference | -0.09% | -0.86% |
Historical performance and flows
As of September 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CWO | +2.20% | +4.72% | +15.85% | +21.85% | +84.01% |
DMEE | +2.81% | +2.60% | +23.99% | +31.48% | - | |
| Flows | CWO | +$0 M | +$5 M | +$24 M | +$31 M | +$39 M |
DMEE | +$20 M | +$74 M | +$294 M | +$418 M | - |
CWO vs DMEE exposure
Countries
CWO
China
37.17%
Taiwan
22.16%
Brazil
12.92%
India
10.66%
Other
17.09%
DMEE
Taiwan
24.99%
China
21.69%
Republic of Korea
17.24%
India
12.82%
Other
23.26%
Sectors
CWO
Finance
30.95%
Technology
23.74%
Energy
10.28%
Non-Energy Materials
10.14%
Consumer Non-Cyclicals
7.29%
Other
17.60%
DMEE
Technology
40.30%
Finance
22.00%
Industrials
7.33%
Other
30.37%
As of September 11, 2026
Top 10 Holdings
CWO
Taiwan Semiconductor Manufacturing Co., Ltd.
6.67%
Alibaba Group Holding Ltd.
2.93%
Vale SA
2.52%
Tencent Holdings Ltd.
2.50%
Industrial & Commercial Bank of China Ltd.
2.23%
JD.com, Inc.
2.16%
Petróleo Brasileiro SA
2.06%
Petróleo Brasileiro SA
1.88%
Hon Hai Precision Industry Co., Ltd.
1.84%
MediaTek, Inc.
1.78%
DMEE
Taiwan Semiconductor Manufacturing Co., Ltd.
13.49%
Samsung Electronics Co., Ltd.
5.56%
SK hynix, Inc.
4.32%
Tencent Holdings Ltd.
3.10%
Alibaba Group Holding Ltd.
2.15%
MediaTek, Inc.
1.21%
China Construction Bank Corp.
0.93%
Delta Electronics, Inc.
0.75%
HDFC Bank Ltd.
0.74%
International Holding Co. PJSC
0.71%
Diversification
CWO
Total weight of top 10 holdings out of 410 total
26.59%
DMEE
Total weight of top 10 holdings out of 1,006 total
32.96%
Characteristics
Compare
CWO
DMEE
| Provider | iShares | Desjardins Investments |
| Management | Passively managed | Passively managed |
| Benchmark | RAFI Fundamental Select Emerging Markets 350 NTR Index - CAD | Solactive GBS Emerging Markets Large & Mid Cap CAD Index NTR - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.57% | 1.35% |
| Meets ESG criteria | No | No |
| Inception Date | April 7, 2009 | February 27, 2025 |
Frequently asked questions about CWO and DMEE
Which ETF has performed better year to date: CWO or DMEE?
As of September 11, 2026, CWO has returned 15.85% year to date, while DMEE has returned 23.99%. DMEE is ahead on YTD performance.
Which ETF is larger by assets under management: CWO or DMEE?
As of September 11, 2026, CWO manages $116.54 M in assets, while DMEE manages $980.18 M. DMEE is the larger fund by AUM.
How are CWO and DMEE managed?
CWO is passively managed by iShares. It tracks the RAFI Fundamental Select Emerging Markets 350 NTR Index - CAD benchmark. DMEE is passively managed by Desjardins Investments. It tracks the Solactive GBS Emerging Markets Large & Mid Cap CAD Index NTR - CAD benchmark.
What sectors do CWO and DMEE emphasize?
CWO is most exposed to Finance, Technology, and Energy. DMEE is most exposed to Technology, Finance, and Industrials.
Which ETF is attracting more investor flows: CWO or DMEE?
Year to date, CWO has seen +$23.90 M in net flows, compared with +$293.97 M for DMEE. DMEE has attracted more net investor money so far.
How do the fees of CWO and DMEE compare?
CWO has an expense ratio of 0.72%, while DMEE has an expense ratio of 0.28%.
What are the top holdings of CWO and DMEE?
CWO's largest holdings include Taiwan Semiconductor Manufacturing Co., Ltd., Petróleo Brasileiro SA, and Alibaba Group Holding Ltd.. DMEE's top holdings include Taiwan Semiconductor Manufacturing Co., Ltd., Samsung Electronics Co., Ltd., and SK hynix, Inc..
Which ETF is more diversified: CWO or DMEE?
CWO holds 354 securities, while DMEE holds 980. On holdings count, DMEE is the more diversified portfolio.
Recent articles about CWO and DMEE
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