VS
Compare BMO MSCI EAFE Hedged to CAD Index ETF (ZDM) vs Desjardins International Equity Index ETF (DMEI) to find the best fit for your portfolio. ZDM and DMEI provide the same top sector exposures: Finance, Industrials, and Technology. When evaluating costs, ZDM features a management fee (MER) of 0.2%, compared to 0.2% for DMEI. Performance-wise, ZDM has returned 14.53% year-to-date with +$229 M in net flows, whereas DMEI is at 14.83% with +$756 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
ZDM
DMEI
| AuM | $1,995.71 M | $2,443.47 M |
| Management Fees | 0.20% | 0.20% |
| Exp. ratio | 0.22% | 0.23% |
| Tracking Difference | -0.37% | -0.41% |
Historical performance and flows
As of August 21, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZDM | +1.71% | +5.36% | +14.53% | +21.65% | +65.91% |
DMEI | +1.83% | +6.18% | +14.83% | +20.77% | - | |
| Flows | ZDM | +$35 M | +$91 M | +$229 M | +$423 M | +$836 M |
DMEI | +$99 M | +$328 M | +$756 M | +$721 M | - |
ZDM vs DMEI exposure
Countries
ZDM
Japan
25.54%
United Kingdom
13.36%
Switzerland
9.41%
France
8.17%
Germany
8.06%
Australia
7.01%
Other
28.45%
DMEI
Japan
25.84%
United Kingdom
13.31%
Switzerland
9.21%
Germany
8.19%
France
8.00%
Australia
7.02%
Other
28.44%
Sectors
ZDM
Finance
26.30%
Industrials
16.51%
Technology
13.87%
Healthcare
9.48%
Consumer Non-Cyclicals
7.96%
Non-Energy Materials
7.59%
Other
18.29%
DMEI
Finance
26.76%
Industrials
16.22%
Technology
13.40%
Healthcare
10.03%
Consumer Non-Cyclicals
8.32%
Other
25.28%
As of August 21, 2026
Top 10 Holdings
ZDM
ASML Holding NV
3.05%
HSBC Holdings Plc
1.30%
Roche Holding AG
1.16%
Novartis AG
1.15%
AstraZeneca PLC
1.13%
Nestlé SA
1.06%
Siemens AG
0.95%
Shell Plc
0.87%
Tokyo Electron Ltd.
0.85%
Mitsubishi UFJ Financial Group, Inc.
0.84%
DMEI
ASML Holding NV
3.40%
HSBC Holdings Plc
1.48%
Roche Holding AG
1.32%
Novartis AG
1.29%
AstraZeneca PLC
1.27%
Nestlé SA
1.20%
Siemens AG
1.05%
Mitsubishi UFJ Financial Group, Inc.
1.01%
Shell Plc
0.99%
Tokyo Electron Ltd.
0.98%
Diversification
ZDM
Total weight of top 10 holdings out of 2,616 total
12.37%
DMEI
Total weight of top 10 holdings out of 896 total
14.00%
Characteristics
Compare
ZDM
DMEI
| Provider | BMO | Desjardins Investments |
| Management | Passively managed | Passively managed |
| Benchmark | MSCI EAFE 100% Hedged to CAD Net Total Return Index - CAD | Solactive GBS Developed Markets ex North America Large & Mid Cap CAD NTR Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.87% | 2.18% |
| Meets ESG criteria | No | No |
| Inception Date | October 20, 2009 | April 18, 2024 |
Frequently asked questions about ZDM and DMEI
Which ETF has performed better year to date: ZDM or DMEI?
As of August 21, 2026, ZDM has returned 14.53% year to date, while DMEI has returned 14.83%. DMEI is ahead on YTD performance.
Which ETF is larger by assets under management: ZDM or DMEI?
As of August 21, 2026, ZDM manages $2.00 B in assets, while DMEI manages $2.44 B. DMEI is the larger fund by AUM.
How are ZDM and DMEI managed?
ZDM is passively managed by BMO. It tracks the MSCI EAFE 100% Hedged to CAD Net Total Return 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 ZDM and DMEI emphasize?
ZDM is most exposed to Finance, Industrials, and Technology. DMEI is most exposed to Finance, Industrials, and Technology.
Which ETF is attracting more investor flows: ZDM or DMEI?
Year to date, ZDM has seen +$229.10 M in net flows, compared with +$756.23 M for DMEI. DMEI has attracted more net investor money so far.
How do the fees of ZDM and DMEI compare?
ZDM has an expense ratio of 0.22%, while DMEI has an expense ratio of 0.23%.
What are the top holdings of ZDM and DMEI?
ZDM'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: ZDM or DMEI?
ZDM holds 2592 securities, while DMEI holds 877. On holdings count, ZDM is the more diversified portfolio.
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.