VS
Compare BMO Low Volatility Canadian Equity ETF (ZLB) vs Desjardins RI Canada - Net-Zero Emissions Pathway ETF (DRMC) to find the best fit for your portfolio. ZLB provides Finance, Consumer Non-Cyclicals, and Utilities exposures, while DRMC is primarily weighted in Finance, Non-Energy Materials, and Energy. When evaluating costs, ZLB features a management fee (MER) of 0.35%, compared to 0.15% for DRMC. Performance-wise, ZLB has returned 8.94% year-to-date with +$39 M in net flows, whereas DRMC is at 12.93% with +$35 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
ZLB
DRMC
| AuM | $6,142.98 M | $104.88 M |
| Management Fees | 0.35% | 0.15% |
| Exp. ratio | 0.39% | 0.17% |
| Tracking Difference | - | - |
Historical performance and flows
As of November 3, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZLB | +6.23% | +0.52% | +8.94% | +14.07% | +64.39% |
DRMC | +1.59% | +0.72% | +12.93% | +22.15% | +100.09% | |
| Flows | ZLB | -$116 M | -$163 M | +$39 M | +$190 M | +$1,065 M |
DRMC | -$1 M | -$1 M | +$35 M | +$36 M | +$41 M |
ZLB vs DRMC exposure
Countries
ZLB
Canada
96.25%
DRMC
Canada
96.33%
Sectors
ZLB
Finance
31.84%
Consumer Non-Cyclicals
19.03%
Utilities
16.61%
Telecommunications
8.25%
Other
24.27%
DRMC
Finance
42.43%
Non-Energy Materials
18.98%
Energy
15.16%
Industrials
7.85%
Other
15.58%
As of November 3, 2026
Top 10 Holdings
ZLB
Great-West Lifeco, Inc.
4.54%
Fortis, Inc.
4.29%
Loblaw Cos. Ltd.
3.97%
Quebecor, Inc.
3.85%
Hydro One Ltd.
3.67%
Empire Co. Ltd.
3.58%
Emera, Inc.
3.49%
Metro, Inc.
3.31%
CCL Industries, Inc.
3.25%
TMX Group Ltd.
3.17%
DRMC
Royal Bank of Canada
8.59%
The Toronto-Dominion Bank
5.54%
Shopify, Inc.
4.68%
Enbridge, Inc.
3.47%
The Bank of Nova Scotia
3.36%
Agnico Eagle Mines Ltd.
3.30%
Canadian Imperial Bank of Commerce
3.07%
Canadian Pacific Kansas City Ltd.
2.74%
Bank of Montreal
2.51%
Wheaton Precious Metals Corp.
2.34%
Diversification
ZLB
Total weight of top 10 holdings out of 53 total
37.11%
DRMC
Total weight of top 10 holdings out of 261 total
39.60%
Characteristics
Compare
ZLB
DRMC
| Provider | BMO | Desjardins Investments |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | - | - |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.80% | 2.68% |
| Meets ESG criteria | No | Yes |
| Inception Date | October 27, 2011 | September 27, 2018 |
Frequently asked questions about ZLB and DRMC
Which ETF has performed better year to date: ZLB or DRMC?
As of November 3, 2026, ZLB has returned 8.94% year to date, while DRMC has returned 12.93%. DRMC is ahead on YTD performance.
Which ETF is larger by assets under management: ZLB or DRMC?
As of November 3, 2026, ZLB manages $6.14 B in assets, while DRMC manages $104.88 M. ZLB is the larger fund by AUM.
How are ZLB and DRMC managed?
ZLB is actively managed by BMO. It does not track an index. DRMC is actively managed by Desjardins Investments. It does not track an index.
What sectors do ZLB and DRMC emphasize?
ZLB is most exposed to Finance, Consumer Non-Cyclicals, and Utilities. DRMC is most exposed to Finance, Non-Energy Materials, and Energy.
Which ETF is attracting more investor flows: ZLB or DRMC?
Year to date, ZLB has seen +$39.18 M in net flows, compared with +$34.59 M for DRMC. ZLB has attracted more net investor money so far.
How do the fees of ZLB and DRMC compare?
ZLB has an expense ratio of 0.39%, while DRMC has an expense ratio of 0.17%.
What are the top holdings of ZLB and DRMC?
ZLB's largest holdings include Great-West Lifeco, Inc., Fortis, Inc., and Loblaw Cos. Ltd.. DRMC's top holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Shopify, Inc..
Which ETF is more diversified: ZLB or DRMC?
ZLB holds 53 securities, while DRMC holds 261. On holdings count, DRMC is the more diversified portfolio.
Recent articles about ZLB and DRMC
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