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Compare Scotia US Equity Index Tracker ETF (SITU) vs Desjardins American Equity Index ETF (DMEU) to find the best fit for your portfolio. SITU and DMEU provide the same top sector exposures: Technology, Finance, and Healthcare. When evaluating costs, SITU features a management fee (MER) of 0.05%, compared to 0.05% for DMEU. Performance-wise, SITU has returned 10.22% year-to-date with +$930 M in net flows, whereas DMEU is at 10.02% with +$2 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
SITU
DMEU
| AuM | $4,763.65 M | $4,500.55 M |
| Management Fees | 0.05% | 0.05% |
| Exp. ratio | 0.08% | 0.06% |
| Tracking Difference | -0.06% | -0.24% |
Historical performance and flows
As of November 5, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | SITU | -7.36% | -4.89% | +10.22% | +7.70% | +78.70% |
DMEU | -7.36% | -4.89% | +10.02% | +7.53% | - | |
| Flows | SITU | +$307 M | +$350 M | +$930 M | +$1,187 M | +$3,029 M |
DMEU | +$253 M | +$587 M | +$1,767 M | +$1,947 M | - |
SITU vs DMEU exposure
Countries
SITU
USA
97.35%
DMEU
USA
96.99%
Sectors
SITU
Technology
47.58%
Finance
12.41%
Healthcare
9.26%
Consumer Non-Cyclicals
8.53%
Industrials
7.24%
Other
14.96%
DMEU
Technology
47.04%
Finance
12.49%
Healthcare
9.32%
Consumer Non-Cyclicals
8.52%
Industrials
7.30%
Other
15.32%
As of November 5, 2026
Top 10 Holdings
SITU
NVIDIA Corp.
8.05%
Apple, Inc.
7.20%
Microsoft Corp.
5.68%
Amazon.com, Inc.
3.62%
Alphabet, Inc.
3.04%
Alphabet, Inc.
2.62%
Broadcom Inc.
2.48%
Meta Platforms, Inc.
2.41%
Micron Technology, Inc.
1.82%
Tesla, Inc.
1.64%
DMEU
NVIDIA Corp.
7.95%
Apple, Inc.
7.08%
Microsoft Corp.
5.60%
Amazon.com, Inc.
3.56%
Alphabet, Inc.
2.99%
Alphabet, Inc.
2.58%
Broadcom Inc.
2.49%
Meta Platforms, Inc.
2.44%
Micron Technology, Inc.
1.80%
Tesla, Inc.
1.62%
Diversification
SITU
Total weight of top 10 holdings out of 502 total
38.55%
DMEU
Total weight of top 10 holdings out of 505 total
38.11%
Characteristics
Compare
SITU
DMEU
| Provider | Scotia Bank | Desjardins Investments |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive GBS United States 500 CAD Net Total Return Index - CAD | Solactive GBS United States 500 CAD Net Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.04% | 0.85% |
| Meets ESG criteria | No | No |
| Inception Date | March 11, 2020 | April 18, 2024 |
Frequently asked questions about SITU and DMEU
Which ETF has performed better year to date: SITU or DMEU?
As of November 5, 2026, SITU has returned 10.22% year to date, while DMEU has returned 10.02%. SITU is ahead on YTD performance.
Which ETF is larger by assets under management: SITU or DMEU?
As of November 5, 2026, SITU manages $4.76 B in assets, while DMEU manages $4.50 B. SITU is the larger fund by AUM.
How are SITU and DMEU managed?
SITU is passively managed by Scotia Bank. It tracks the Solactive GBS United States 500 CAD Net Total Return Index - CAD benchmark. 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 SITU and DMEU emphasize?
SITU is most exposed to Technology, Finance, and Healthcare. DMEU is most exposed to Technology, Finance, and Healthcare.
Which ETF is attracting more investor flows: SITU or DMEU?
Year to date, SITU has seen +$929.73 M in net flows, compared with +$1,766.57 M for DMEU. DMEU has attracted more net investor money so far.
How do the fees of SITU and DMEU compare?
SITU has an expense ratio of 0.08%, while DMEU has an expense ratio of 0.06%.
What are the top holdings of SITU and DMEU?
SITU's largest holdings include NVIDIA Corp., Apple, Inc., and Microsoft Corp.. DMEU's top holdings include NVIDIA Corp., Apple, Inc., and Microsoft Corp..
Which ETF is more diversified: SITU or DMEU?
SITU holds 498 securities, while DMEU holds 499. On holdings count, DMEU is the more diversified portfolio.
Recent articles about SITU and DMEU
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