DRFD
Desjardins RI Developed ex-USA ex-Canada Multifactor - Net-Zero Emissions Pathway ETF
Full DRFD fund page
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Desjardins RI Developed ex-USA ex-Canada Multifactor - Net-Zero Emissions Pathway ETF (DRFD) and Manulife Smart International Dividend ETF (IDIV.B) offer distinct profiles for Canadian ETF investors. A direct comparison shows that DRFD focuses its top 3 sector exposures on Finance, Industrials, and Technology, while IDIV.B leans towards Finance, Industrials, and Healthcare. When evaluating costs, DRFD features a management fee (MER) of 0.6%, compared to 0.35% for IDIV.B. Performance-wise, DRFD has returned 12.17% year-to-date with -$2 M in net flows, whereas IDIV.B is at 16.1% 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
DRFD
IDIV.B
| AuM | $322.54 M | $2,033.72 M |
| Management Fees | 0.60% | 0.35% |
| Exp. ratio | 0.52% | 0.40% |
| Tracking Difference | - | - |
Historical performance and flows
As of July 21, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | DRFD | -0.72% | +4.74% | +12.17% | +27.59% | +79.25% |
IDIV.B | +0.63% | +6.59% | +16.10% | +31.89% | +86.19% | |
| Flows | DRFD | +$2 M | +$2 M | -$2 M | +$86 M | +$132 M |
IDIV.B | +$169 M | +$488 M | +$1,204 M | +$1,487 M | +$1,604 M |
DRFD vs IDIV.B exposure
Countries
DRFD
Japan
20.00%
United Kingdom
18.77%
Germany
11.14%
Netherlands
8.44%
Italy
7.18%
Other
34.47%
IDIV.B
Japan
18.01%
France
12.19%
United Kingdom
10.78%
Italy
8.68%
Other
50.32%
Sectors
DRFD
Finance
30.21%
Industrials
15.18%
Technology
10.85%
Consumer Non-Cyclicals
10.17%
Healthcare
9.67%
Other
23.91%
IDIV.B
Finance
34.88%
Industrials
10.36%
Healthcare
9.59%
Consumer Non-Cyclicals
9.35%
Technology
8.71%
Other
27.11%
As of July 21, 2026
Top 10 Holdings
DRFD
ASML Holding NV
4.48%
HSBC Holdings Plc
2.57%
Advantest Corp.
1.89%
Panasonic Holdings Corp.
1.66%
ABB Ltd.
1.61%
Siemens Energy AG
1.61%
Barclays PLC
1.52%
Lloyds Banking Group Plc
1.49%
Bayer AG
1.42%
NatWest Group Plc
1.35%
IDIV.B
ASML Holding NV
2.74%
Tokyo Electron Ltd.
2.60%
Banco BPM SpA
2.18%
Svenska Handelsbanken AB
2.08%
Banco Bilbao Vizcaya Argentaria SA
2.07%
Unipol Assicurazioni SpA
2.04%
Klépierre SA
2.01%
EDP SA
1.97%
Volvo AB
1.94%
Novo Nordisk A/S
1.94%
Diversification
DRFD
Total weight of top 10 holdings out of 150 total
19.60%
IDIV.B
Total weight of top 10 holdings out of 90 total
21.57%
Characteristics
Compare
DRFD
IDIV.B
| Provider | Desjardins Investments | Manulife Investments |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | ||
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 4.41% | 2.34% |
| Meets ESG criteria | Yes | No |
| Inception Date | September 27, 2018 | November 9, 2022 |
Frequently asked questions about DRFD and IDIV.B
Which ETF has performed better year to date: DRFD or IDIV.B?
As of July 21, 2026, DRFD has returned 12.17% year to date, while IDIV.B has returned 16.10%. IDIV.B is ahead on YTD performance.
Which ETF is larger by assets under management: DRFD or IDIV.B?
As of July 21, 2026, DRFD manages $322.54 M in assets, while IDIV.B manages $2.03 B. IDIV.B is the larger fund by AUM.
How are DRFD and IDIV.B managed?
DRFD is actively managed by Desjardins Investments. It does not track an index. IDIV.B is actively managed by Manulife Investments. It does not track an index.
What sectors do DRFD and IDIV.B emphasize?
DRFD is most exposed to Finance, Industrials, and Technology. IDIV.B is most exposed to Finance, Industrials, and Healthcare.
Which ETF is attracting more investor flows: DRFD or IDIV.B?
Year to date, DRFD has seen -$2.12 M in net flows, compared with +$1,204.23 M for IDIV.B. IDIV.B has attracted more net investor money so far.
How do the fees of DRFD and IDIV.B compare?
DRFD has an expense ratio of 0.52%, while IDIV.B has an expense ratio of 0.40%.
What are the top holdings of DRFD and IDIV.B?
DRFD's largest holdings include ASML Holding NV, HSBC Holdings Plc, and Advantest Corp.. IDIV.B's top holdings include ASML Holding NV, Tokyo Electron Ltd., and Banco BPM SpA.
Which ETF is more diversified: DRFD or IDIV.B?
DRFD holds 148 securities, while IDIV.B holds 90. On holdings count, DRFD is the more diversified portfolio.
Recent articles about DRFD and IDIV.B
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