DMEC
Desjardins Canadian Equity Index ETF

Full DMEC fund page
VS
XIC
iShares Core S&P/TSX Capped Composite Index ETF

Full XIC fund page

Compare Desjardins Canadian Equity Index ETF (DMEC) vs iShares Core S&P/TSX Capped Composite Index ETF (XIC) to find the best fit for your portfolio. DMEC and XIC 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 XIC. Performance-wise, DMEC has returned 7.63% year-to-date with +$287 M in net flows, whereas XIC is at 7.64% with +$5 B. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.

NAV Performance and Flows

0.01.02.03.04.0%Apr 1Apr 9Apr 16Apr 23Apr 30

Key Data

Historical performance and flows

As of May 1, 2026
1M3MYTD1Y3Y
Perf.
DMEC
+3.12%+5.17%+7.63%+39.95%-
XIC
+2.98%+5.89%+7.64%+39.94%+78.93%
Flows
DMEC
+$94 M+$286 M+$287 M+$788 M-
XIC
+$1,120 M+$4,114 M+$5,138 M+$7,706 M+$11,101 M

DMEC vs XIC exposure

Countries

DMEC
Canada
99.89%
XIC
Canada
98.95%

Sectors

DMEC
Financials
28.31%
Energy
17.98%
Materials
16.28%
Other
13.21%
Other
24.21%
XIC
Financials
28.13%
Energy
18.01%
Materials
15.92%
Other
13.03%
Other
24.92%
As of May 1, 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%
XIC
ROYAL BK CANADA
6.69%
TORONTO DOMINION
4.64%
SHOPIFY SUBORDINATE VOTING
4.31%
ENBRIDGE
3.50%
AGNICO EAGLE MINES LTD
3.01%
CDN NATURAL RESOURCE
3.01%
BANK OF MONTREAL
2.83%
CA11271J1075
2.65%
CDN IMPERIAL BK
2.61%
BNS
2.53%

Diversification

DMEC
Total weight of top 10 holdings out of 320 total
35.57%
XIC
Total weight of top 10 holdings out of 221 total
35.80%

Characteristics

Compare
DMEC
XIC
ProviderDesjardins InvestmentsiShares
ManagementPassively managedPassively managed
BenchmarkSolactive Canada Broad Market Index NTR - CADS&P/TSX Capped Composite Total Return Index - CAD
Replication MethodDirect (Physical)Direct (Physical)
Asset ClassEquityEquity
Dividend PolicyDistributingDistributing
Trailing 12m distribution yield1.96%2.08%
Meets ESG criteriaNoNo
Inception DateApril 18, 2024February 16, 2001

Frequently asked questions about DMEC and XIC

Which ETF has performed better year to date: DMEC or XIC?
As of May 1, 2026, DMEC has returned 7.63% year to date, while XIC has returned 7.64%. XIC is ahead on YTD performance.
Which ETF is larger by assets under management: DMEC or XIC?
As of May 1, 2026, DMEC manages $1.81 B in assets, while XIC manages $28.76 B. XIC is the larger fund by AUM.
How are DMEC and XIC managed?
DMEC is passively managed by Desjardins Investments. It tracks the Solactive Canada Broad Market Index NTR - CAD benchmark. XIC is passively managed by iShares. It tracks the S&P/TSX Capped Composite Total Return Index - CAD benchmark.
What sectors do DMEC and XIC emphasize?
DMEC is most exposed to Financials, Energy, and Materials. XIC is most exposed to Financials, Energy, and Materials.
Which ETF is attracting more investor flows: DMEC or XIC?
Year to date, DMEC has seen +$287.44 M in net flows, compared with +$5,138.12 M for XIC. XIC has attracted more net investor money so far.
How do the fees of DMEC and XIC compare?
DMEC has an expense ratio of 0.06%, while XIC has an expense ratio of 0.06%.
What are the top holdings of DMEC and XIC?
DMEC's largest holdings include ROYAL BK CANADA and TORONTO DOMINION. XIC's top holdings include ROYAL BK CANADA and TORONTO DOMINION.
Which ETF is more diversified: DMEC or XIC?
DMEC holds 270 securities, while XIC holds 193. On holdings count, DMEC is the more diversified portfolio.

Recent articles about DMEC and XIC

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