VS
First Trust AlphaDEX U.S. Industrials Sector Index ETF (FHG) and Desjardins American Mid Cap Equity Index ETF (DMID) offer distinct profiles for Canadian ETF investors. A direct comparison shows that FHG focuses its top 3 sector exposures on Industrials, Non-Energy Materials, and Finance, while DMID leans towards Finance, Industrials, and Technology. When evaluating costs, FHG features a management fee (MER) of 0.7%, compared to 0.1% for DMID. Performance-wise, FHG has returned 18.26% year-to-date with +$6 M in net flows, whereas DMID is at 17.74% with -$31 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
FHG
DMID
| AuM | $60.99 M | $430.01 M |
| Management Fees | 0.70% | 0.10% |
| Exp. ratio | 0.78% | 0.02% |
| Tracking Difference | -1.15% | -0.20% |
Historical performance and flows
As of August 4, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FHG | +0.58% | +11.34% | +18.26% | +22.31% | +60.78% |
DMID | +0.14% | +10.29% | +17.74% | - | - | |
| Flows | FHG | +$0 M | +$0 M | +$6 M | +$9 M | +$28 M |
DMID | +$20 M | +$62 M | -$31 M | - | - |
FHG vs DMID exposure
Countries
FHG
USA
93.57%
DMID
USA
94.05%
Sectors
FHG
Industrials
58.35%
Non-Energy Materials
20.98%
Finance
9.49%
Other
11.18%
DMID
Finance
21.22%
Industrials
18.92%
Technology
15.19%
Healthcare
11.71%
Non-Energy Materials
9.70%
Other
23.26%
As of August 4, 2026
Top 10 Holdings
FHG
Caterpillar, Inc.
1.46%
Fortune Brands Innovations, Inc.
1.45%
Comfort Systems USA, Inc.
1.41%
GE Vernova, Inc.
1.36%
Crane NXT Co.
1.34%
Quanta Services, Inc.
1.31%
Rocket Lab Corp.
1.30%
Mohawk Industries, Inc.
1.27%
United Rentals, Inc.
1.27%
MasTec, Inc.
1.27%
DMID
Revolution Medicines, Inc.
0.81%
Carpenter Technology Corp.
0.72%
nVent Electric Plc
0.69%
Twilio, Inc.
0.69%
ATI, Inc.
0.66%
Sterling Infrastructure, Inc.
0.65%
MKS, Inc.
0.63%
MACOM Technology Solutions Holdings, Inc.
0.60%
F5, Inc.
0.55%
US Foods Holding Corp.
0.54%
Diversification
FHG
Total weight of top 10 holdings out of 144 total
13.44%
DMID
Total weight of top 10 holdings out of 400 total
6.54%
Characteristics
Compare
FHG
DMID
| Provider | First Trust | Desjardins Investments |
| Management | Passively managed | Passively managed |
| Benchmark | StrataQuant Industrials CAD Total Return Index - CAD | Solactive GBS United States 400 CAD Index (CA NTR) - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.52% | - |
| Meets ESG criteria | No | No |
| Inception Date | October 30, 2014 | August 28, 2025 |
Frequently asked questions about FHG and DMID
Which ETF has performed better year to date: FHG or DMID?
As of August 4, 2026, FHG has returned 18.26% year to date, while DMID has returned 17.74%. FHG is ahead on YTD performance.
Which ETF is larger by assets under management: FHG or DMID?
As of August 4, 2026, FHG manages $60.99 M in assets, while DMID manages $430.01 M. DMID is the larger fund by AUM.
How are FHG and DMID managed?
FHG is passively managed by First Trust. It tracks the StrataQuant Industrials CAD Total Return Index - CAD benchmark. DMID is passively managed by Desjardins Investments. It tracks the Solactive GBS United States 400 CAD Index (CA NTR) - CAD benchmark.
What sectors do FHG and DMID emphasize?
FHG is most exposed to Industrials, Non-Energy Materials, and Finance. DMID is most exposed to Finance, Industrials, and Technology.
Which ETF is attracting more investor flows: FHG or DMID?
Year to date, FHG has seen +$6.42 M in net flows, compared with -$31.14 M for DMID. FHG has attracted more net investor money so far.
How do the fees of FHG and DMID compare?
FHG has an expense ratio of 0.78%, while DMID has an expense ratio of 0.02%.
What are the top holdings of FHG and DMID?
FHG's largest holdings include Caterpillar, Inc., Fortune Brands Innovations, Inc., and Comfort Systems USA, Inc.. DMID's top holdings include Revolution Medicines, Inc., Carpenter Technology Corp., and nVent Electric Plc.
Which ETF is more diversified: FHG or DMID?
FHG holds 144 securities, while DMID holds 395. On holdings count, DMID is the more diversified portfolio.
Recent articles about FHG and DMID
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
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.
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.