VS
Compare Desjardins RI Canada Multifactor - Net-Zero Emissions Pathway ETF (DRFC) vs TD Q Canadian Dividend ETF (TQCD) to find the best fit for your portfolio. DRFC and TQCD provide the same top sector exposures: Finance, Energy, and Non-Energy Materials. When evaluating costs, DRFC features a management fee (MER) of 0.5%, compared to 0.35% for TQCD. Performance-wise, DRFC has returned 11.24% year-to-date with +$359 M in net flows, whereas TQCD is at 20.14% with +$1 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
DRFC
TQCD
| AuM | $641.97 M | $3,630.95 M |
| Management Fees | 0.50% | 0.35% |
| Exp. ratio | 0.46% | 0.39% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | DRFC | -1.69% | +2.08% | +11.24% | +28.92% | +109.55% |
TQCD | -0.88% | +4.92% | +20.14% | +31.51% | +111.05% | |
| Flows | DRFC | +$274 M | +$286 M | +$359 M | +$353 M | +$238 M |
TQCD | +$103 M | +$418 M | +$1,477 M | +$1,980 M | +$2,686 M |
DRFC vs TQCD exposure
Countries
DRFC
Canada
98.77%
TQCD
Canada
93.10%
Sectors
DRFC
Finance
45.90%
Energy
15.11%
Non-Energy Materials
15.05%
Industrials
7.10%
Other
16.84%
TQCD
Finance
43.63%
Energy
19.43%
Non-Energy Materials
14.82%
Industrials
8.80%
Other
13.33%
As of September 11, 2026
Top 10 Holdings
DRFC
Royal Bank of Canada
7.42%
The Toronto-Dominion Bank
6.89%
Enbridge, Inc.
4.91%
Canadian Imperial Bank of Commerce
3.88%
Bank of Montreal
3.74%
Agnico Eagle Mines Ltd.
3.37%
Brookfield Corp.
3.02%
Manulife Financial Corp.
2.98%
The Bank of Nova Scotia
2.93%
Shopify, Inc.
2.75%
TQCD
Canadian Imperial Bank of Commerce
3.95%
National Bank of Canada
3.83%
The Bank of Nova Scotia
3.79%
Bank of Montreal
3.77%
Royal Bank of Canada
3.73%
The Toronto-Dominion Bank
3.62%
Manulife Financial Corp.
3.61%
Suncor Energy, Inc.
3.18%
Brookfield Asset Management Ltd.
2.99%
Barrick Mining Corp.
2.92%
Diversification
DRFC
Total weight of top 10 holdings out of 72 total
41.89%
TQCD
Total weight of top 10 holdings out of 78 total
35.38%
Characteristics
Compare
DRFC
TQCD
| Provider | Desjardins Investments | TD Asset Management |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | ||
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 9.10% | 2.51% |
| Meets ESG criteria | Yes | No |
| Inception Date | September 27, 2018 | November 26, 2019 |
Frequently asked questions about DRFC and TQCD
Which ETF has performed better year to date: DRFC or TQCD?
As of September 11, 2026, DRFC has returned 11.24% year to date, while TQCD has returned 20.14%. TQCD is ahead on YTD performance.
Which ETF is larger by assets under management: DRFC or TQCD?
As of September 11, 2026, DRFC manages $641.97 M in assets, while TQCD manages $3.63 B. TQCD is the larger fund by AUM.
How are DRFC and TQCD managed?
DRFC is actively managed by Desjardins Investments. It does not track an index. TQCD is actively managed by TD Asset Management. It does not track an index.
What sectors do DRFC and TQCD emphasize?
DRFC is most exposed to Finance, Energy, and Non-Energy Materials. TQCD is most exposed to Finance, Energy, and Non-Energy Materials.
Which ETF is attracting more investor flows: DRFC or TQCD?
Year to date, DRFC has seen +$359.22 M in net flows, compared with +$1,476.79 M for TQCD. TQCD has attracted more net investor money so far.
How do the fees of DRFC and TQCD compare?
DRFC has an expense ratio of 0.46%, while TQCD has an expense ratio of 0.39%.
What are the top holdings of DRFC and TQCD?
DRFC's largest holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Enbridge, Inc.. TQCD's top holdings include Canadian Imperial Bank of Commerce, National Bank of Canada, and The Bank of Nova Scotia.
Which ETF is more diversified: DRFC or TQCD?
DRFC holds 72 securities, while TQCD holds 78. On holdings count, TQCD is the more diversified portfolio.
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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.

