VS
Manulife Smart US Dividend ETF (UDIV) and Desjardins RI USA Multifactor - Net-Zero Emissions Pathway ETF (DRFU) offer distinct profiles for Canadian ETF investors. A direct comparison shows that UDIV focuses its top 3 sector exposures on Technology, Finance, and Industrials, while DRFU leans towards Technology, Finance, and Healthcare. When evaluating costs, UDIV features a management fee (MER) of 0.33%, compared to 0.5% for DRFU. Performance-wise, UDIV has returned 18.23% year-to-date with +$11 M in net flows, whereas DRFU is at 14.72% with +$191 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
UDIV
DRFU
| AuM | $102.92 M | $426.71 M |
| Management Fees | 0.33% | 0.50% |
| Exp. ratio | 0.37% | 0.46% |
| Tracking Difference | - | - |
Historical performance and flows
As of November 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | UDIV | -0.32% | -2.98% | +18.23% | +17.80% | +59.86% |
DRFU | -2.89% | -1.19% | +14.72% | +15.95% | +78.21% | |
| Flows | UDIV | +$6 M | +$1 M | +$11 M | +$9 M | -$37 M |
DRFU | -$0 M | +$192 M | +$191 M | +$186 M | +$182 M |
UDIV vs DRFU exposure
Countries
UDIV
USA
94.55%
DRFU
USA
97.30%
Sectors
UDIV
Technology
45.31%
Finance
23.01%
Industrials
7.38%
Other
24.31%
DRFU
Technology
43.20%
Finance
14.78%
Healthcare
10.29%
Industrials
8.77%
Consumer Non-Cyclicals
7.49%
Other
15.47%
As of November 11, 2026
Top 10 Holdings
UDIV
NVIDIA Corp.
8.28%
Microsoft Corp.
5.89%
Cisco Systems, Inc.
3.39%
Lam Research Corp.
2.97%
Apple, Inc.
2.80%
Verizon Communications, Inc.
2.64%
United Parcel Service, Inc.
2.59%
Broadcom Inc.
2.43%
HP, Inc.
2.27%
Johnson & Johnson
2.13%
DRFU
NVIDIA Corp.
7.23%
Apple, Inc.
6.33%
Microsoft Corp.
4.38%
Alphabet, Inc.
2.71%
Amazon.com, Inc.
2.65%
Alphabet, Inc.
1.71%
Lam Research Corp.
1.68%
Broadcom Inc.
1.66%
Marvell Technology, Inc.
1.51%
Applied Materials, Inc.
1.35%
Diversification
UDIV
Total weight of top 10 holdings out of 105 total
35.39%
DRFU
Total weight of top 10 holdings out of 102 total
31.22%
Characteristics
Compare
UDIV
DRFU
| Provider | Manulife Investments | Desjardins Investments |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | - | - |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.86% | 0.98% |
| Meets ESG criteria | No | Yes |
| Inception Date | November 10, 2020 | September 27, 2018 |
Frequently asked questions about UDIV and DRFU
Which ETF has performed better year to date: UDIV or DRFU?
As of November 11, 2026, UDIV has returned 18.23% year to date, while DRFU has returned 14.72%. UDIV is ahead on YTD performance.
Which ETF is larger by assets under management: UDIV or DRFU?
As of November 11, 2026, UDIV manages $102.92 M in assets, while DRFU manages $426.71 M. DRFU is the larger fund by AUM.
How are UDIV and DRFU managed?
UDIV is actively managed by Manulife Investments. It does not track an index. DRFU is actively managed by Desjardins Investments. It does not track an index.
What sectors do UDIV and DRFU emphasize?
UDIV is most exposed to Technology, Finance, and Industrials. DRFU is most exposed to Technology, Finance, and Healthcare.
Which ETF is attracting more investor flows: UDIV or DRFU?
Year to date, UDIV has seen +$10.77 M in net flows, compared with +$191.32 M for DRFU. DRFU has attracted more net investor money so far.
How do the fees of UDIV and DRFU compare?
UDIV has an expense ratio of 0.37%, while DRFU has an expense ratio of 0.46%.
What are the top holdings of UDIV and DRFU?
UDIV's largest holdings include NVIDIA Corp., Microsoft Corp., and Cisco Systems, Inc.. DRFU's top holdings include NVIDIA Corp., Apple, Inc., and Alphabet, Inc..
Which ETF is more diversified: UDIV or DRFU?
UDIV holds 105 securities, while DRFU holds 101. On holdings count, UDIV is the more diversified portfolio.
Recent articles about UDIV and DRFU
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