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Compare Mackenzie International Equity Index ETF (QDXH) vs Desjardins International Equity Index ETF (DMEI) to find the best fit for your portfolio. QDXH and DMEI provide the same top sector exposures: Finance, Industrials, and Technology. When evaluating costs, QDXH features a management fee (MER) of 0.17%, compared to 0.2% for DMEI. Performance-wise, QDXH has returned 11.95% year-to-date with +$2 M in net flows, whereas DMEI is at 11.41% with +$657 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
QDXH
DMEI
| AuM | $40.09 M | $2,274.91 M |
| Management Fees | 0.17% | 0.20% |
| Exp. ratio | 0.19% | 0.23% |
| Tracking Difference | -0.22% | -0.42% |
Historical performance and flows
As of July 16, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | QDXH | +0.81% | +4.73% | +11.95% | +25.59% | +61.02% |
DMEI | -1.70% | +3.04% | +11.41% | +23.35% | - | |
| Flows | QDXH | +$0 M | +$0 M | +$2 M | -$0 M | +$15 M |
DMEI | +$126 M | +$318 M | +$657 M | +$686 M | - |
QDXH vs DMEI exposure
Countries
QDXH
Japan
25.90%
United Kingdom
13.26%
Switzerland
8.98%
Germany
8.41%
France
7.91%
Australia
7.22%
Other
28.32%
DMEI
Japan
25.22%
United Kingdom
13.84%
Switzerland
8.93%
Germany
8.47%
France
8.15%
Australia
7.36%
Other
28.02%
Sectors
QDXH
Finance
26.25%
Industrials
16.54%
Technology
12.24%
Healthcare
9.81%
Consumer Non-Cyclicals
8.22%
Non-Energy Materials
7.44%
Other
19.49%
DMEI
Finance
26.78%
Industrials
16.59%
Technology
11.63%
Healthcare
9.99%
Consumer Non-Cyclicals
8.44%
Non-Energy Materials
7.38%
Other
19.19%
As of July 16, 2026
Top 10 Holdings
QDXH
ASML Holding NV
2.77%
HSBC Holdings Plc
1.46%
Roche Holding AG
1.34%
AstraZeneca PLC
1.26%
Novartis AG
1.23%
Nestlé SA
1.18%
Shell Plc
1.07%
Siemens AG
1.02%
BHP Group Ltd.
1.01%
Mitsubishi UFJ Financial Group, Inc.
0.96%
DMEI
ASML Holding NV
2.52%
HSBC Holdings Plc
1.46%
Roche Holding AG
1.32%
Novartis AG
1.30%
AstraZeneca PLC
1.27%
Nestlé SA
1.20%
Shell Plc
1.18%
Siemens AG
1.01%
Commonwealth Bank of Australia
0.96%
Mitsubishi UFJ Financial Group, Inc.
0.93%
Diversification
QDXH
Total weight of top 10 holdings out of 896 total
13.30%
DMEI
Total weight of top 10 holdings out of 901 total
13.16%
Characteristics
Compare
QDXH
DMEI
| Provider | Mackenzie Investments | Desjardins Investments |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive GBS Developed Markets ex North America Large & Mid cap Hedged to CAD 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 | 2.30% | 2.25% |
| Meets ESG criteria | No | No |
| Inception Date | January 29, 2018 | April 18, 2024 |
Frequently asked questions about QDXH and DMEI
Which ETF has performed better year to date: QDXH or DMEI?
As of July 16, 2026, QDXH has returned 11.95% year to date, while DMEI has returned 11.41%. QDXH is ahead on YTD performance.
Which ETF is larger by assets under management: QDXH or DMEI?
As of July 16, 2026, QDXH manages $40.09 M in assets, while DMEI manages $2.27 B. DMEI is the larger fund by AUM.
How are QDXH and DMEI managed?
QDXH is passively managed by Mackenzie Investments. It tracks the Solactive GBS Developed Markets ex North America Large & Mid cap Hedged to CAD 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 QDXH and DMEI emphasize?
QDXH is most exposed to Finance, Industrials, and Technology. DMEI is most exposed to Finance, Industrials, and Technology.
Which ETF is attracting more investor flows: QDXH or DMEI?
Year to date, QDXH has seen +$1.58 M in net flows, compared with +$657.25 M for DMEI. DMEI has attracted more net investor money so far.
How do the fees of QDXH and DMEI compare?
QDXH has an expense ratio of 0.19%, while DMEI has an expense ratio of 0.23%.
What are the top holdings of QDXH and DMEI?
QDXH'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: QDXH or DMEI?
QDXH holds 880 securities, while DMEI holds 885. On holdings count, DMEI is the more diversified portfolio.
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