VS
DRFD
Desjardins RI Developed ex-USA ex-Canada Multifactor - Net-Zero Emissions Pathway ETF
Full DRFD fund page
BMO International Dividend ETF (ZDH) and Desjardins RI Developed ex-USA ex-Canada Multifactor - Net-Zero Emissions Pathway ETF (DRFD) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZDH focuses its top 3 sector exposures on Finance, Industrials, and Consumer Non-Cyclicals, while DRFD leans towards Finance, Industrials, and Consumer Non-Cyclicals. When evaluating costs, ZDH features a management fee (MER) of 0.4%, compared to 0.6% for DRFD. Performance-wise, ZDH has returned 15.99% year-to-date with +$7 M in net flows, whereas DRFD is at 13.62% with -$56 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
ZDH
DRFD
| AuM | $241.73 M | $273.09 M |
| Management Fees | 0.40% | 0.60% |
| Exp. ratio | 0.44% | 0.52% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 22, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZDH | -0.85% | +3.89% | +15.99% | +25.36% | +60.78% |
DRFD | -0.23% | +0.56% | +13.62% | +24.01% | +85.55% | |
| Flows | ZDH | +$0 M | +$4 M | +$7 M | +$10 M | -$32 M |
DRFD | -$54 M | -$52 M | -$56 M | -$9 M | +$78 M |
ZDH vs DRFD exposure
Countries
ZDH
Japan
20.47%
France
14.37%
United Kingdom
14.03%
Netherlands
7.60%
Switzerland
7.54%
Other
35.99%
DRFD
United Kingdom
19.87%
Japan
19.79%
Germany
10.80%
Italy
8.26%
Netherlands
7.71%
Other
33.58%
Sectors
ZDH
Finance
31.23%
Industrials
13.19%
Consumer Non-Cyclicals
8.96%
Healthcare
7.89%
Technology
7.06%
Other
31.67%
DRFD
Finance
31.39%
Industrials
14.41%
Consumer Non-Cyclicals
10.80%
Healthcare
10.06%
Technology
9.37%
Other
23.97%
As of September 22, 2026
Top 10 Holdings
ZDH
ASML Holding NV
3.15%
HSBC Holdings Plc
2.85%
Intesa Sanpaolo SpA
2.53%
Roche Holding AG
2.42%
TotalEnergies SE
2.26%
DBS Group Holdings Ltd.
2.26%
Enel SpA
2.10%
Shell Plc
2.06%
Siemens AG
2.02%
Imperial Brands Plc
1.98%
DRFD
ASML Holding NV
3.70%
HSBC Holdings Plc
2.83%
Advantest Corp.
1.62%
Lloyds Banking Group Plc
1.54%
Barclays PLC
1.51%
Bayer AG
1.42%
ABB Ltd.
1.41%
Siemens Energy AG
1.39%
Société Générale SA
1.38%
NatWest Group Plc
1.36%
Diversification
ZDH
Total weight of top 10 holdings out of 108 total
23.64%
DRFD
Total weight of top 10 holdings out of 148 total
18.16%
Characteristics
Compare
ZDH
DRFD
| Provider | BMO | Desjardins Investments |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | ||
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.72% | 4.06% |
| Meets ESG criteria | No | Yes |
| Inception Date | September 2, 2015 | September 27, 2018 |
Frequently asked questions about ZDH and DRFD
Which ETF has performed better year to date: ZDH or DRFD?
As of September 22, 2026, ZDH has returned 15.99% year to date, while DRFD has returned 13.62%. ZDH is ahead on YTD performance.
Which ETF is larger by assets under management: ZDH or DRFD?
As of September 22, 2026, ZDH manages $241.73 M in assets, while DRFD manages $273.09 M. DRFD is the larger fund by AUM.
How are ZDH and DRFD managed?
ZDH is actively managed by BMO. It does not track an index. DRFD is actively managed by Desjardins Investments. It does not track an index.
What sectors do ZDH and DRFD emphasize?
ZDH is most exposed to Finance, Industrials, and Consumer Non-Cyclicals. DRFD is most exposed to Finance, Industrials, and Consumer Non-Cyclicals.
Which ETF is attracting more investor flows: ZDH or DRFD?
Year to date, ZDH has seen +$6.66 M in net flows, compared with -$56.21 M for DRFD. ZDH has attracted more net investor money so far.
How do the fees of ZDH and DRFD compare?
ZDH has an expense ratio of 0.44%, while DRFD has an expense ratio of 0.52%.
What are the top holdings of ZDH and DRFD?
ZDH's largest holdings include Roche Holding AG, ASML Holding NV, and HSBC Holdings Plc. DRFD's top holdings include ASML Holding NV, HSBC Holdings Plc, and Advantest Corp..
Which ETF is more diversified: ZDH or DRFD?
ZDH holds 107 securities, while DRFD holds 147. On holdings count, DRFD is the more diversified portfolio.
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