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Fidelity Equity Premium Yield ETF (FEPY) and Desjardins American Equity Index ETF (DMEU) offer distinct profiles for Canadian ETF investors. A direct comparison shows that FEPY focuses its top 3 sector exposures on Information Technology, Communication Services, and Financials, while DMEU leans towards Information Technology, Communication Services, and Consumer Discretionary. When evaluating costs, FEPY features a management fee (MER) of 0.4%, compared to 0.05% for DMEU. Performance-wise, FEPY has returned 4.52% year-to-date with +$1 M in net flows, whereas DMEU is at 8.1% with +$771 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
FEPY
DMEU
| AuM | $60.27 M | $3,489.23 M |
| Management Fees | 0.40% | 0.05% |
| Exp. ratio | 0.44% | 0.06% |
| Tracking Difference | - | -0.08% |
Historical performance and flows
As of May 8, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FEPY | +3.33% | +3.72% | +4.52% | +21.48% | - |
DMEU | +7.97% | +7.51% | +8.10% | +29.89% | - | |
| Flows | FEPY | -$1 M | -$3 M | +$1 M | +$1 M | - |
DMEU | +$131 M | +$490 M | +$771 M | +$1,653 M | - |
FEPY vs DMEU exposure
Countries
FEPY
USA
92.92%
Other
7.08%
DMEU
USA
96.73%
Sectors
FEPY
Information Technology
34.10%
Communication Services
11.43%
Financials
10.67%
Consumer Discretionary
9.61%
Industrials
8.52%
Health Care
8.11%
Other
17.57%
DMEU
Information Technology
33.72%
Communication Services
10.66%
Consumer Discretionary
10.07%
Financials
10.05%
Health Care
9.49%
Industrials
8.18%
Other
17.83%
As of May 8, 2026
Top 10 Holdings
FEPY
NVIDIA
8.00%
APPLE
7.11%
MICROSOFT-T
4.75%
AMAZON.COM INC
3.92%
BROADCOM LIMITED
3.08%
ALPHABET INC-CL
2.94%
ALPHABET INC-CL
2.54%
META PLATFORMS
2.44%
BERKSHIRE HATHWAY
2.09%
JPMORGAN CHASE
1.81%
DMEU
NVIDIA
7.27%
APPLE
6.52%
MICROSOFT-T
4.85%
AMAZON.COM INC
3.55%
ALPHABET INC-CL
2.98%
ALPHABET INC-CL
2.58%
BROADCOM LIMITED
2.57%
META PLATFORMS
2.21%
TESLA
1.92%
JPMORGAN CHASE
1.42%
Diversification
FEPY
Total weight of top 10 holdings out of 155 total
38.69%
DMEU
Total weight of top 10 holdings out of 505 total
35.86%
Characteristics
Compare
FEPY
DMEU
| Provider | Fidelity | Desjardins Investments |
| Management | Actively managed | Passively managed |
| Benchmark | - | Solactive GBS United States 500 CAD Net Total Return Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 6.67% | 0.90% |
| Meets ESG criteria | No | No |
| Inception Date | September 24, 2024 | April 18, 2024 |
Frequently asked questions about FEPY and DMEU
Which ETF has performed better year to date: FEPY or DMEU?
As of May 8, 2026, FEPY has returned 4.52% year to date, while DMEU has returned 8.10%. DMEU is ahead on YTD performance.
Which ETF is larger by assets under management: FEPY or DMEU?
As of May 8, 2026, FEPY manages $60.27 M in assets, while DMEU manages $3.49 B. DMEU is the larger fund by AUM.
How are FEPY and DMEU managed?
FEPY is actively managed by Fidelity. It does not track an index. DMEU is passively managed by Desjardins Investments. It tracks the Solactive GBS United States 500 CAD Net Total Return Index - CAD benchmark.
What sectors do FEPY and DMEU emphasize?
FEPY is most exposed to Information Technology, Communication Services, and Financials. DMEU is most exposed to Information Technology, Communication Services, and Consumer Discretionary.
Which ETF is attracting more investor flows: FEPY or DMEU?
Year to date, FEPY has seen +$0.93 M in net flows, compared with +$771.05 M for DMEU. DMEU has attracted more net investor money so far.
How do the fees of FEPY and DMEU compare?
FEPY has an expense ratio of 0.44%, while DMEU has an expense ratio of 0.06%.
What are the top holdings of FEPY and DMEU?
FEPY's largest holdings include NVIDIA, APPLE, and ALPHABET INC-CL. DMEU's top holdings include NVIDIA, APPLE, and ALPHABET INC-CL.
Which ETF is more diversified: FEPY or DMEU?
FEPY holds 149 securities, while DMEU holds 468. On holdings count, DMEU is the more diversified portfolio.
Recent articles about FEPY and DMEU
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