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Compare BMO MSCI EAFE Index ETF (ZEA) vs Desjardins International Equity Index ETF (DMEI) to find the best fit for your portfolio. ZEA and DMEI provide the same top sector exposures: Finance, Industrials, and Technology. When evaluating costs, ZEA features a management fee (MER) of 0.2%, compared to 0.2% for DMEI. Performance-wise, ZEA has returned 14.7% year-to-date with +$1 B in net flows, whereas DMEI is at 14.49% with +$1 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
ZEA
DMEI
| AuM | $13,939.72 M | $2,715.15 M |
| Management Fees | 0.20% | 0.20% |
| Exp. ratio | 0.22% | 0.23% |
| Tracking Difference | -0.36% | -0.28% |
Historical performance and flows
As of November 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZEA | +1.31% | -0.97% | +14.70% | +14.50% | +69.97% |
DMEI | +0.93% | -1.31% | +14.49% | +14.70% | - | |
| Flows | ZEA | +$7 M | +$440 M | +$1,182 M | +$1,358 M | +$3,154 M |
DMEI | +$116 M | +$333 M | +$1,042 M | +$1,173 M | - |
ZEA vs DMEI exposure
Countries
ZEA
Japan
26.51%
United Kingdom
13.43%
Switzerland
8.79%
Germany
7.81%
France
7.67%
Other
35.78%
DMEI
Japan
26.68%
United Kingdom
13.23%
Switzerland
8.59%
Germany
8.09%
France
7.54%
Other
35.87%
Sectors
ZEA
Finance
27.00%
Industrials
16.12%
Technology
13.28%
Healthcare
9.07%
Non-Energy Materials
7.63%
Consumer Non-Cyclicals
7.61%
Other
19.29%
DMEI
Finance
27.72%
Industrials
15.84%
Technology
13.55%
Healthcare
9.60%
Consumer Non-Cyclicals
7.98%
Other
25.32%
As of November 11, 2026
Top 10 Holdings
ZEA
US46432F8427
100.00%
DMEI
ASML Holding NV
3.10%
HSBC Holdings Plc
1.54%
Roche Holding AG
1.32%
Shell Plc
1.19%
Novartis AG
1.18%
Mitsubishi UFJ Financial Group, Inc.
1.16%
AstraZeneca PLC
1.11%
Nestlé SA
1.06%
Siemens AG
1.03%
SAP SE
0.97%
Diversification
ZEA
Total weight of top 10 holdings out of 2,621 total
100.00%
DMEI
Total weight of top 10 holdings out of 895 total
13.66%
Characteristics
Compare
ZEA
DMEI
| Provider | BMO | Desjardins Investments |
| Management | Passively managed | Passively managed |
| Benchmark | MSCI EAFE Net Total Return 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 | 1.92% | 2.16% |
| Meets ESG criteria | No | No |
| Inception Date | February 10, 2014 | April 18, 2024 |
Frequently asked questions about ZEA and DMEI
Which ETF has performed better year to date: ZEA or DMEI?
As of November 11, 2026, ZEA has returned 14.70% year to date, while DMEI has returned 14.49%. ZEA is ahead on YTD performance.
Which ETF is larger by assets under management: ZEA or DMEI?
As of November 11, 2026, ZEA manages $13.94 B in assets, while DMEI manages $2.72 B. ZEA is the larger fund by AUM.
How are ZEA and DMEI managed?
ZEA is passively managed by BMO. It tracks the MSCI EAFE 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.
Which ETF is more diversified: ZEA or DMEI?
ZEA holds 1 securities, while DMEI holds 880. On holdings count, DMEI is the more diversified portfolio.
Which ETF is attracting more investor flows: ZEA or DMEI?
Year to date, ZEA has seen +$1,181.54 M in net flows, compared with +$1,041.53 M for DMEI. ZEA has attracted more net investor money so far.
How do the fees of ZEA and DMEI compare?
ZEA has an expense ratio of 0.22%, while DMEI has an expense ratio of 0.23%.
What sectors do ZEA and DMEI emphasize?
ZEA is most exposed to Finance, Industrials, and Technology. DMEI is most exposed to Finance, Industrials, and Technology.
Recent articles about ZEA and DMEI
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