VS
Compare Desjardins Canadian Equity Index ETF (DMEC) vs Vanguard FTSE Canada All Cap Index ETF (VCN) to find the best fit for your portfolio. DMEC and VCN provide the same top sector exposures: Financials, Energy, and Materials. When evaluating costs, DMEC features a management fee (MER) of 0.05%, compared to 0.05% for VCN. Performance-wise, DMEC has returned 6.64% year-to-date with +$299 M in net flows, whereas VCN is at 6.41% with +$2 B. 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
DMEC
VCN
| AuM | $1,805.88 M | $15,137.67 M |
| Management Fees | 0.05% | 0.05% |
| Exp. ratio | 0.06% | 0.06% |
| Tracking Difference | -0.31% | -0.11% |
Historical performance and flows
As of May 5, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | DMEC | +1.48% | +5.51% | +6.64% | +37.80% | - |
VCN | +1.30% | +5.47% | +6.41% | +36.49% | +78.10% | |
| Flows | DMEC | +$100 M | +$275 M | +$299 M | +$796 M | - |
VCN | +$320 M | +$1,092 M | +$1,581 M | +$2,987 M | +$5,004 M |
DMEC vs VCN exposure
Countries
DMEC
Canada
99.89%
VCN
Canada
99.36%
Sectors
DMEC
Financials
28.31%
Energy
17.98%
Materials
16.28%
Other
13.21%
Other
24.21%
VCN
Financials
28.68%
Energy
18.12%
Materials
15.78%
Other
13.75%
Other
23.68%
As of May 5, 2026
Top 10 Holdings
DMEC
ROYAL BK CANADA
6.70%
TORONTO DOMINION
4.66%
SHOPIFY SUBORDINATE VOTING
4.13%
ENBRIDGE
3.50%
AGNICO EAGLE MINES LTD
3.02%
CDN NATURAL RESOURCE
2.94%
BANK OF MONTREAL
2.84%
CA11271J1075
2.65%
CDN IMPERIAL BK
2.60%
BNS
2.54%
VCN
ROYAL BK CANADA
6.81%
TORONTO DOMINION
4.72%
SHOPIFY SUBORDINATE VOTING
4.37%
ENBRIDGE
3.56%
AGNICO EAGLE MINES LTD
3.05%
CDN NATURAL RESOURCE
3.00%
BANK OF MONTREAL
2.89%
CDN IMPERIAL BK
2.68%
BNS
2.60%
CA11271J1075
2.58%
Diversification
DMEC
Total weight of top 10 holdings out of 320 total
35.57%
VCN
Total weight of top 10 holdings out of 214 total
36.26%
Characteristics
Compare
DMEC
VCN
| Provider | Desjardins Investments | Vanguard |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive Canada Broad Market Index NTR - CAD | FTSE Canada All Cap Domestic Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.98% | 2.08% |
| Meets ESG criteria | No | No |
| Inception Date | April 18, 2024 | August 2, 2013 |
Frequently asked questions about DMEC and VCN
Which ETF has performed better year to date: DMEC or VCN?
As of May 5, 2026, DMEC has returned 6.64% year to date, while VCN has returned 6.41%. DMEC is ahead on YTD performance.
Which ETF is larger by assets under management: DMEC or VCN?
As of May 5, 2026, DMEC manages $1.81 B in assets, while VCN manages $15.14 B. VCN is the larger fund by AUM.
How are DMEC and VCN managed?
DMEC is passively managed by Desjardins Investments. It tracks the Solactive Canada Broad Market Index NTR - CAD benchmark. VCN is passively managed by Vanguard. It tracks the FTSE Canada All Cap Domestic Total Return Index - CAD benchmark.
What sectors do DMEC and VCN emphasize?
DMEC is most exposed to Financials, Energy, and Materials. VCN is most exposed to Financials, Energy, and Materials.
Which ETF is attracting more investor flows: DMEC or VCN?
Year to date, DMEC has seen +$299.18 M in net flows, compared with +$1,581.05 M for VCN. VCN has attracted more net investor money so far.
How do the fees of DMEC and VCN compare?
DMEC has an expense ratio of 0.06%, while VCN has an expense ratio of 0.06%.
What are the top holdings of DMEC and VCN?
DMEC's largest holdings include ROYAL BK CANADA and TORONTO DOMINION. VCN's top holdings include ROYAL BK CANADA and TORONTO DOMINION.
Which ETF is more diversified: DMEC or VCN?
DMEC holds 270 securities, while VCN holds 182. On holdings count, DMEC is the more diversified portfolio.
Recent articles about DMEC and VCN
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