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Compare Desjardins RI Emerging Markets Multifactor - Net-Zero Emissions Pathway ETF (DRFE) vs iShares ESG Aware MSCI Emerging Markets Index ETF (XSEM) to find the best fit for your portfolio. DRFE and XSEM provide the same top sector exposures: Technology, Finance, and Non-Energy Materials. When evaluating costs, DRFE features a management fee (MER) of 0.65%, compared to 0.3% for XSEM. Performance-wise, DRFE has returned 19.15% year-to-date with +$236 M in net flows, whereas XSEM is at 22.4% with +$339 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
DRFE
XSEM
| AuM | $514.90 M | $6,126.37 M |
| Management Fees | 0.65% | 0.30% |
| Exp. ratio | 0.75% | 0.33% |
| Tracking Difference | - | -0.21% |
Historical performance and flows
As of October 16, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | DRFE | -6.77% | +0.76% | +19.15% | +19.35% | +84.21% |
XSEM | -2.11% | -0.01% | +22.40% | +21.87% | +91.07% | |
| Flows | DRFE | -$5 M | +$197 M | +$236 M | +$277 M | +$341 M |
XSEM | -$154 M | +$155 M | +$339 M | +$295 M | +$917 M |
DRFE vs XSEM exposure
Countries
DRFE
Republic of Korea
24.85%
Taiwan
21.47%
China
21.37%
India
7.38%
Other
24.94%
XSEM
Taiwan
28.35%
Republic of Korea
20.94%
China
19.06%
India
10.48%
Other
21.18%
Sectors
DRFE
Technology
42.06%
Finance
23.45%
Other
34.48%
XSEM
Technology
45.15%
Finance
26.91%
Other
27.94%
As of October 16, 2026
Top 10 Holdings
DRFE
Taiwan Semiconductor Manufacturing Co., Ltd.
9.49%
Samsung Electronics Co., Ltd.
7.97%
SK hynix, Inc.
6.44%
ASE Technology Holding Co., Ltd.
2.24%
Tencent Holdings Ltd.
2.08%
MediaTek, Inc.
2.04%
Delta Electronics, Inc.
1.91%
ASPEED Technology, Inc.
1.60%
Grupo México S.A.B. de C.V.
1.50%
Innolux Corp.
1.40%
XSEM
Taiwan Semiconductor Manufacturing Co., Ltd.
15.20%
Samsung Electronics Co., Ltd.
7.27%
SK hynix, Inc.
5.63%
Tencent Holdings Ltd.
2.56%
Alibaba Group Holding Ltd.
1.76%
MediaTek, Inc.
1.47%
China Construction Bank Corp.
1.19%
Delta Electronics, Inc.
1.07%
Samsung Electronics Co., Ltd.
0.99%
Chunghwa Telecom Co., Ltd.
0.98%
Diversification
DRFE
Total weight of top 10 holdings out of 175 total
36.66%
XSEM
Total weight of top 10 holdings out of 296 total
38.12%
Characteristics
Compare
DRFE
XSEM
| Provider | Desjardins Investments | iShares |
| Management | Actively managed | Passively managed |
| Benchmark | - | MSCI Emerging Markets Extended ESG Focus Net Return Index - CAD |
| Replication Method | - | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.62% | 1.57% |
| Meets ESG criteria | Yes | Yes |
| Inception Date | March 7, 2019 | March 18, 2019 |
Frequently asked questions about DRFE and XSEM
Which ETF has performed better year to date: DRFE or XSEM?
As of October 16, 2026, DRFE has returned 19.15% year to date, while XSEM has returned 22.40%. XSEM is ahead on YTD performance.
Which ETF is larger by assets under management: DRFE or XSEM?
As of October 16, 2026, DRFE manages $514.90 M in assets, while XSEM manages $6.13 B. XSEM is the larger fund by AUM.
How are DRFE and XSEM managed?
DRFE is actively managed by Desjardins Investments. It does not track an index. XSEM is passively managed by iShares. It tracks the MSCI Emerging Markets Extended ESG Focus Net Return Index - CAD benchmark.
What sectors do DRFE and XSEM emphasize?
DRFE is most exposed to Technology, Finance, and Non-Energy Materials. XSEM is most exposed to Technology, Finance, and Non-Energy Materials.
Which ETF is attracting more investor flows: DRFE or XSEM?
Year to date, DRFE has seen +$236.22 M in net flows, compared with +$339.02 M for XSEM. XSEM has attracted more net investor money so far.
How do the fees of DRFE and XSEM compare?
DRFE has an expense ratio of 0.75%, while XSEM has an expense ratio of 0.33%.
What are the top holdings of DRFE and XSEM?
DRFE's largest holdings include Taiwan Semiconductor Manufacturing Co., Ltd., Samsung Electronics Co., Ltd., and SK hynix, Inc.. XSEM's top holdings include Taiwan Semiconductor Manufacturing Co., Ltd., Samsung Electronics Co., Ltd., and SK hynix, Inc..
Which ETF is more diversified: DRFE or XSEM?
DRFE holds 169 securities, while XSEM holds 283. On holdings count, XSEM is the more diversified portfolio.
Recent articles about DRFE and XSEM
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