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Compare Mackenzie International Equity Index ETF (QDX) vs Desjardins International Equity Index ETF (DMEI) to find the best fit for your portfolio. QDX and DMEI provide the same top sector exposures: Finance, Industrials, and Technology. When evaluating costs, QDX features a management fee (MER) of 0.17%, compared to 0.2% for DMEI. Performance-wise, QDX has returned 12.3% year-to-date with +$610 M in net flows, whereas DMEI is at 11.63% 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
QDX
DMEI
| AuM | $2,103.66 M | $2,607.24 M |
| Management Fees | 0.17% | 0.20% |
| Exp. ratio | 0.19% | 0.23% |
| Tracking Difference | -0.30% | -0.91% |
Historical performance and flows
As of October 29, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | QDX | -1.65% | -0.13% | +12.30% | +13.51% | +74.17% |
DMEI | -2.59% | -1.99% | +11.63% | +13.25% | - | |
| Flows | QDX | +$151 M | +$420 M | +$610 M | +$661 M | +$964 M |
DMEI | +$122 M | +$323 M | +$1,001 M | +$1,163 M | - |
QDX vs DMEI exposure
Countries
QDX
Japan
27.12%
United Kingdom
13.21%
Switzerland
8.50%
Germany
8.01%
France
7.45%
Other
35.72%
DMEI
Japan
26.68%
United Kingdom
13.23%
Switzerland
8.59%
Germany
8.09%
France
7.54%
Other
35.87%
Sectors
QDX
Finance
27.65%
Industrials
15.80%
Technology
13.57%
Healthcare
9.55%
Consumer Non-Cyclicals
8.00%
Other
25.42%
DMEI
Finance
27.72%
Industrials
15.84%
Technology
13.55%
Healthcare
9.60%
Consumer Non-Cyclicals
7.98%
Other
25.32%
As of October 29, 2026
Top 10 Holdings
QDX
ASML Holding NV
3.08%
HSBC Holdings Plc
1.53%
Roche Holding AG
1.31%
Mitsubishi UFJ Financial Group, Inc.
1.19%
Shell Plc
1.18%
Novartis AG
1.16%
AstraZeneca PLC
1.09%
Nestlé SA
1.05%
Siemens AG
1.01%
SAP SE
0.97%
DMEI
ASML Holding NV
3.10%
HSBC Holdings Plc
1.54%
Roche Holding AG
1.32%
Shell Plc
1.19%
Novartis AG
1.18%
Mitsubishi UFJ Financial Group, Inc.
1.16%
AstraZeneca PLC
1.11%
Nestlé SA
1.06%
Siemens AG
1.03%
SAP SE
0.97%
Diversification
QDX
Total weight of top 10 holdings out of 894 total
13.58%
DMEI
Total weight of top 10 holdings out of 895 total
13.66%
Characteristics
Compare
QDX
DMEI
| Provider | Mackenzie Investments | Desjardins Investments |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive GBS Developed Markets ex North America Large & Mid Cap CAD NTR Index - CAD | Solactive GBS Developed Markets ex North America Large & Mid Cap CAD NTR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.38% | 2.22% |
| Meets ESG criteria | No | No |
| Inception Date | January 29, 2018 | April 18, 2024 |
Frequently asked questions about QDX and DMEI
Which ETF has performed better year to date: QDX or DMEI?
As of October 29, 2026, QDX has returned 12.30% year to date, while DMEI has returned 11.63%. QDX is ahead on YTD performance.
Which ETF is larger by assets under management: QDX or DMEI?
As of October 29, 2026, QDX manages $2.10 B in assets, while DMEI manages $2.61 B. DMEI is the larger fund by AUM.
How are QDX and DMEI managed?
QDX is passively managed by Mackenzie Investments. It tracks the Solactive GBS Developed Markets ex North America Large & Mid Cap CAD NTR Index - CAD benchmark. DMEI is passively managed by Desjardins Investments. It tracks the Solactive GBS Developed Markets ex North America Large & Mid Cap CAD NTR Index - CAD benchmark.
What sectors do QDX and DMEI emphasize?
QDX is most exposed to Finance, Industrials, and Technology. DMEI is most exposed to Finance, Industrials, and Technology.
Which ETF is attracting more investor flows: QDX or DMEI?
Year to date, QDX has seen +$609.57 M in net flows, compared with +$1,001.03 M for DMEI. DMEI has attracted more net investor money so far.
How do the fees of QDX and DMEI compare?
QDX has an expense ratio of 0.19%, while DMEI has an expense ratio of 0.23%.
What are the top holdings of QDX and DMEI?
QDX's largest holdings include ASML Holding NV, HSBC Holdings Plc, and Roche Holding AG. DMEI's top holdings include ASML Holding NV, HSBC Holdings Plc, and Roche Holding AG.
Which ETF is more diversified: QDX or DMEI?
QDX holds 878 securities, while DMEI holds 880. On holdings count, DMEI is the more diversified portfolio.
Recent articles about QDX and DMEI
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