VS
Compare iShares Emerging Markets Fundamental Index ETF (CWO) vs Desjardins RI Emerging Markets - Net-Zero Emissions Pathway ETF (DRME) to find the best fit for your portfolio. CWO provides Finance, Technology, and Energy exposures, while DRME is primarily weighted in Technology, Finance, and Consumer Non-Cyclicals. When evaluating costs, CWO features a management fee (MER) of 0.65%, compared to 0.35% for DRME. Performance-wise, CWO has returned 15.85% year-to-date with +$24 M in net flows, whereas DRME is at 28.41% with -$6 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
DRME
| AuM | $116.54 M | $77.06 M |
| Management Fees | 0.65% | 0.35% |
| Exp. ratio | 0.72% | 0.40% |
| Tracking Difference | -0.09% | - |
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% |
DRME | +3.30% | +3.61% | +28.41% | +36.92% | +94.67% | |
| Flows | CWO | +$0 M | +$5 M | +$24 M | +$31 M | +$39 M |
DRME | -$6 M | -$9 M | -$6 M | -$7 M | -$46 M |
CWO vs DRME exposure
Countries
CWO
China
37.17%
Taiwan
22.16%
Brazil
12.92%
India
10.66%
Other
17.09%
DRME
Taiwan
25.08%
China
20.83%
Republic of Korea
17.68%
India
12.42%
Other
23.99%
Sectors
CWO
Finance
30.95%
Technology
23.74%
Energy
10.28%
Non-Energy Materials
10.14%
Consumer Non-Cyclicals
7.29%
Other
17.60%
DRME
Technology
40.73%
Finance
22.41%
Other
36.86%
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%
DRME
Taiwan Semiconductor Manufacturing Co., Ltd.
9.09%
Samsung Electronics Co., Ltd.
5.63%
SK hynix, Inc.
4.83%
Tencent Holdings Ltd.
3.35%
Alibaba Group Holding Ltd.
2.11%
MediaTek, Inc.
1.68%
Samsung Electronics Co., Ltd.
1.19%
China Construction Bank Corp.
1.17%
ASE Technology Holding Co., Ltd.
1.13%
United Microelectronics Corp.
1.03%
Diversification
CWO
Total weight of top 10 holdings out of 410 total
26.59%
DRME
Total weight of top 10 holdings out of 564 total
31.21%
Characteristics
Compare
CWO
DRME
| Provider | iShares | Desjardins Investments |
| Management | Passively managed | Actively managed |
| Benchmark | RAFI Fundamental Select Emerging Markets 350 NTR Index - CAD | - |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.57% | 1.07% |
| Meets ESG criteria | No | Yes |
| Inception Date | April 7, 2009 | March 12, 2021 |
Frequently asked questions about CWO and DRME
Which ETF has performed better year to date: CWO or DRME?
As of September 11, 2026, CWO has returned 15.85% year to date, while DRME has returned 28.41%. DRME is ahead on YTD performance.
Which ETF is larger by assets under management: CWO or DRME?
As of September 11, 2026, CWO manages $116.54 M in assets, while DRME manages $77.06 M. CWO is the larger fund by AUM.
How are CWO and DRME managed?
CWO is passively managed by iShares. It tracks the RAFI Fundamental Select Emerging Markets 350 NTR Index - CAD benchmark. DRME is actively managed by Desjardins Investments. It does not track an index.
What sectors do CWO and DRME emphasize?
CWO is most exposed to Finance, Technology, and Energy. DRME is most exposed to Technology, Finance, and Consumer Non-Cyclicals.
Which ETF is attracting more investor flows: CWO or DRME?
Year to date, CWO has seen +$23.90 M in net flows, compared with -$5.99 M for DRME. CWO has attracted more net investor money so far.
How do the fees of CWO and DRME compare?
CWO has an expense ratio of 0.72%, while DRME has an expense ratio of 0.40%.
What are the top holdings of CWO and DRME?
CWO's largest holdings include Taiwan Semiconductor Manufacturing Co., Ltd., Petróleo Brasileiro SA, and Alibaba Group Holding Ltd.. DRME's top holdings include Taiwan Semiconductor Manufacturing Co., Ltd., Samsung Electronics Co., Ltd., and SK hynix, Inc..
Which ETF is more diversified: CWO or DRME?
CWO holds 354 securities, while DRME holds 553. On holdings count, DRME is the more diversified portfolio.
Recent articles about CWO and DRME
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.



