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Compare Desjardins International Equity Index ETF (DMEI) vs Mackenzie International Equity Index ETF (QDXH) to find the best fit for your portfolio. DMEI and QDXH provide the same top sector exposures: Finance, Industrials, and Technology. When evaluating costs, DMEI features a management fee (MER) of 0.2%, compared to 0.17% for QDXH. Performance-wise, DMEI has returned 11.63% year-to-date with +$1 B in net flows, whereas QDXH is at 12.97% with -$0 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
DMEI
QDXH
| AuM | $2,607.24 M | $38.49 M |
| Management Fees | 0.20% | 0.17% |
| Exp. ratio | 0.23% | 0.19% |
| Tracking Difference | -0.34% | -0.71% |
Historical performance and flows
As of October 29, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | DMEI | -2.59% | -1.99% | +11.63% | +13.25% | - |
QDXH | +0.11% | +0.67% | +12.97% | +16.01% | +69.26% | |
| Flows | DMEI | +$122 M | +$323 M | +$1,001 M | +$1,163 M | - |
QDXH | +$0 M | -$2 M | -$0 M | -$2 M | -$0 M |
DMEI vs QDXH exposure
Countries
DMEI
Japan
26.68%
United Kingdom
13.23%
Switzerland
8.59%
Germany
8.09%
France
7.54%
Other
35.87%
QDXH
Japan
27.12%
United Kingdom
13.21%
Switzerland
8.50%
Germany
8.01%
France
7.45%
Other
35.72%
Sectors
DMEI
Finance
27.72%
Industrials
15.84%
Technology
13.55%
Healthcare
9.60%
Consumer Non-Cyclicals
7.98%
Other
25.32%
QDXH
Finance
27.65%
Industrials
15.80%
Technology
13.57%
Healthcare
9.55%
Consumer Non-Cyclicals
8.00%
Other
25.42%
As of October 29, 2026
Top 10 Holdings
DMEI
ASML Holding NV
3.10%
HSBC Holdings Plc
1.54%
Roche Holding AG
1.32%
Shell Plc
1.19%
Novartis AG
1.18%
Mitsubishi UFJ Financial Group, Inc.
1.16%
AstraZeneca PLC
1.11%
Nestlé SA
1.06%
Siemens AG
1.03%
SAP SE
0.97%
QDXH
ASML Holding NV
3.08%
HSBC Holdings Plc
1.53%
Roche Holding AG
1.31%
Mitsubishi UFJ Financial Group, Inc.
1.19%
Shell Plc
1.18%
Novartis AG
1.16%
AstraZeneca PLC
1.09%
Nestlé SA
1.05%
Siemens AG
1.01%
SAP SE
0.97%
Diversification
DMEI
Total weight of top 10 holdings out of 895 total
13.66%
QDXH
Total weight of top 10 holdings out of 894 total
13.58%
Characteristics
Compare
DMEI
QDXH
| Provider | Desjardins Investments | Mackenzie Investments |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive GBS Developed Markets ex North America Large & Mid Cap CAD NTR Index - CAD | Solactive GBS Developed Markets ex North America Large & Mid cap Hedged to CAD Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.22% | 2.29% |
| Meets ESG criteria | No | No |
| Inception Date | April 18, 2024 | January 29, 2018 |
Frequently asked questions about DMEI and QDXH
Which ETF has performed better year to date: DMEI or QDXH?
As of October 29, 2026, DMEI has returned 11.63% year to date, while QDXH has returned 12.97%. QDXH is ahead on YTD performance.
Which ETF is larger by assets under management: DMEI or QDXH?
As of October 29, 2026, DMEI manages $2.61 B in assets, while QDXH manages $38.49 M. DMEI is the larger fund by AUM.
How are DMEI and QDXH managed?
DMEI is passively managed by Desjardins Investments. It tracks the Solactive GBS Developed Markets ex North America Large & Mid Cap CAD NTR Index - CAD benchmark. QDXH is passively managed by Mackenzie Investments. It tracks the Solactive GBS Developed Markets ex North America Large & Mid cap Hedged to CAD Index - CAD benchmark.
What sectors do DMEI and QDXH emphasize?
DMEI is most exposed to Finance, Industrials, and Technology. QDXH is most exposed to Finance, Industrials, and Technology.
Which ETF is attracting more investor flows: DMEI or QDXH?
Year to date, DMEI has seen +$1,001.03 M in net flows, compared with -$0.21 M for QDXH. DMEI has attracted more net investor money so far.
How do the fees of DMEI and QDXH compare?
DMEI has an expense ratio of 0.23%, while QDXH has an expense ratio of 0.19%.
What are the top holdings of DMEI and QDXH?
DMEI's largest holdings include ASML Holding NV, HSBC Holdings Plc, and Roche Holding AG. QDXH's top holdings include ASML Holding NV, HSBC Holdings Plc, and Roche Holding AG.
Which ETF is more diversified: DMEI or QDXH?
DMEI holds 880 securities, while QDXH holds 878. On holdings count, DMEI is the more diversified portfolio.
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