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Compare Desjardins American Mid Cap Equity Index ETF (DMID) vs BMO MSCI USA Equal Weight Index ETF (ZEQL.U) to find the best fit for your portfolio. DMID provides Finance, Industrials, and Technology exposures, while ZEQL.U is primarily weighted in Finance, Technology, and Industrials. When evaluating costs, DMID features a management fee (MER) of 0.1%, compared to 0.05% for ZEQL.U. 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
DMID
ZEQL.U
| AuM | $456.07 M | $20.56 M |
| Management Fees | 0.10% | 0.05% |
| Exp. ratio | 0.02% | 0.05% |
| Tracking Difference | -0.10% | 0.37% |
Historical performance and flows
As of October 30, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | DMID | +0.25% | -2.60% | +10.96% | +10.66% | - |
ZEQL.U | +3.49% | +0.81% | - | - | - | |
| Flows | DMID | +$18 M | +$57 M | +$22 M | +$63 M | - |
ZEQL.U | +$0 M | +$5 M | +$0 M | +$0 M | +$0 M |
DMID vs ZEQL.U exposure
Countries
DMID
USA
94.71%
ZEQL.U
USA
94.70%
Sectors
DMID
Finance
22.07%
Industrials
16.56%
Technology
14.98%
Healthcare
13.64%
Non-Energy Materials
8.53%
Other
24.22%
ZEQL.U
Finance
20.93%
Technology
18.15%
Industrials
14.21%
Healthcare
11.43%
Consumer Non-Cyclicals
7.19%
Other
28.09%
As of October 30, 2026
Top 10 Holdings
DMID
Guardant Health, Inc.
0.60%
Tenet Healthcare Corp.
0.58%
US Foods Holding Corp.
0.55%
Viatris, Inc.
0.54%
Roku, Inc.
0.54%
Coeur Mining, Inc.
0.52%
Snap-On, Inc.
0.50%
TD SYNNEX Corp.
0.49%
MACOM Technology Solutions Holdings, Inc.
0.49%
ITT, Inc.
0.47%
ZEQL.U
Strategy, Inc.
0.31%
Okta, Inc.
0.30%
Bloom Energy Corp.
0.29%
Meta Platforms, Inc.
0.28%
Illumina, Inc.
0.27%
CrowdStrike Holdings, Inc.
0.27%
Advanced Micro Devices, Inc.
0.27%
Twilio, Inc.
0.26%
Natera, Inc.
0.26%
Astera Labs, Inc.
0.26%
Diversification
DMID
Total weight of top 10 holdings out of 395 total
5.28%
ZEQL.U
Total weight of top 10 holdings out of 513 total
2.78%
Characteristics
Compare
DMID
ZEQL.U
| Provider | Desjardins Investments | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive GBS United States 400 CAD Index (CA NTR) - CAD | MSCI USA Equal Weighted Net Total Return Index - USD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.09% | - |
| Meets ESG criteria | No | No |
| Inception Date | August 28, 2025 | February 3, 2026 |
Frequently asked questions about DMID and ZEQL.U
Which ETF is attracting more investor flows: DMID or ZEQL.U?
Year to date, DMID has seen +$22.30 M in net flows, compared with +$0.00 M for ZEQL.U. DMID has attracted more net investor money so far.
How do the fees of DMID and ZEQL.U compare?
DMID has an expense ratio of 0.02%, while ZEQL.U has an expense ratio of 0.05%.
What are the top holdings of DMID and ZEQL.U?
DMID's largest holdings include Guardant Health, Inc., Tenet Healthcare Corp., and US Foods Holding Corp.. ZEQL.U's top holdings include Strategy, Inc., Okta, Inc., and Bloom Energy Corp..
Which ETF is more diversified: DMID or ZEQL.U?
DMID holds 391 securities, while ZEQL.U holds 510. On holdings count, ZEQL.U is the more diversified portfolio.
Which ETF is larger by assets under management: DMID or ZEQL.U?
As of October 30, 2026, DMID manages $456.07 M in assets, while ZEQL.U manages $20.56 M. DMID is the larger fund by AUM.
How are DMID and ZEQL.U managed?
DMID is passively managed by Desjardins Investments. It tracks the Solactive GBS United States 400 CAD Index (CA NTR) - CAD benchmark. ZEQL.U is passively managed by BMO. It tracks the MSCI USA Equal Weighted Net Total Return Index - USD benchmark.
What sectors do DMID and ZEQL.U emphasize?
DMID is most exposed to Finance, Industrials, and Technology. ZEQL.U is most exposed to Finance, Technology, and Industrials.
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