VS
BMO Low Volatility International Equity ETF (ZLD) and Desjardins RI Developed ex-USA ex-Canada - Net-Zero Emissions Pathway ETF (DRMD) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ZLD focuses its top 3 sector exposures on Finance, Consumer Non-Cyclicals, and Telecommunications, while DRMD leans towards Finance, Industrials, and Technology. When evaluating costs, ZLD features a management fee (MER) of 0.4%, compared to 0.25% for DRMD. Performance-wise, ZLD has returned 6.59% year-to-date with +$3 M in net flows, whereas DRMD is at 13.98% with +$30 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
ZLD
DRMD
| AuM | $35.11 M | $82.55 M |
| Management Fees | 0.40% | 0.25% |
| Exp. ratio | 0.45% | 0.28% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 8, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZLD | -1.76% | +4.97% | +6.59% | +6.62% | +33.79% |
DRMD | -1.24% | +5.02% | +13.98% | +19.59% | +70.26% | |
| Flows | ZLD | +$0 M | -$6 M | +$3 M | +$3 M | +$2 M |
DRMD | -$15 M | +$30 M | +$30 M | +$46 M | -$4 M |
ZLD vs DRMD exposure
Countries
ZLD
Japan
25.72%
United Kingdom
13.95%
France
9.66%
Netherlands
9.62%
Germany
8.49%
Other
32.55%
DRMD
Japan
23.14%
United Kingdom
14.11%
Switzerland
9.84%
France
9.47%
Germany
8.85%
Other
34.59%
Sectors
ZLD
Finance
22.54%
Consumer Non-Cyclicals
11.26%
Telecommunications
10.91%
Industrials
10.43%
Utilities
10.38%
Technology
9.75%
Other
24.73%
DRMD
Finance
28.30%
Industrials
15.97%
Technology
12.36%
Healthcare
10.06%
Consumer Non-Cyclicals
8.04%
Other
25.27%
As of September 8, 2026
Top 10 Holdings
ZLD
Orange SA
2.22%
Euronext NV
2.10%
Deutsche Börse AG
1.74%
Central Japan Railway Co.
1.63%
Insurance Australia Group Ltd.
1.59%
Japan Post Holdings Co., Ltd.
1.59%
SECOM Co., Ltd.
1.58%
SoftBank Corp.
1.50%
KDDI Corp.
1.48%
OBIC Co. Ltd.
1.48%
DRMD
ASML Holding NV
2.96%
HSBC Holdings Plc
1.72%
Roche Holding AG
1.47%
Novartis AG
1.33%
Nestlé SA
1.28%
AstraZeneca PLC
1.22%
Shell Plc
1.17%
Siemens AG
1.15%
Mitsubishi UFJ Financial Group, Inc.
1.11%
BHP Group Ltd.
1.03%
Diversification
ZLD
Total weight of top 10 holdings out of 104 total
16.92%
DRMD
Total weight of top 10 holdings out of 642 total
14.43%
Characteristics
Compare
ZLD
DRMD
| Provider | BMO | Desjardins Investments |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | ||
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.17% | 0.00% |
| Meets ESG criteria | No | Yes |
| Inception Date | February 10, 2016 | May 1, 2020 |
Frequently asked questions about ZLD and DRMD
Which ETF has performed better year to date: ZLD or DRMD?
As of September 8, 2026, ZLD has returned 6.59% year to date, while DRMD has returned 13.98%. DRMD is ahead on YTD performance.
Which ETF is larger by assets under management: ZLD or DRMD?
As of September 8, 2026, ZLD manages $35.11 M in assets, while DRMD manages $82.55 M. DRMD is the larger fund by AUM.
How are ZLD and DRMD managed?
ZLD is actively managed by BMO. It does not track an index. DRMD is actively managed by Desjardins Investments. It does not track an index.
What sectors do ZLD and DRMD emphasize?
ZLD is most exposed to Finance, Consumer Non-Cyclicals, and Telecommunications. DRMD is most exposed to Finance, Industrials, and Technology.
Which ETF is attracting more investor flows: ZLD or DRMD?
Year to date, ZLD has seen +$3.10 M in net flows, compared with +$30.35 M for DRMD. DRMD has attracted more net investor money so far.
How do the fees of ZLD and DRMD compare?
ZLD has an expense ratio of 0.45%, while DRMD has an expense ratio of 0.28%.
What are the top holdings of ZLD and DRMD?
ZLD's largest holdings include Orange SA, Euronext NV, and Deutsche Börse AG. DRMD's top holdings include ASML Holding NV, HSBC Holdings Plc, and Roche Holding AG.
Which ETF is more diversified: ZLD or DRMD?
ZLD holds 104 securities, while DRMD holds 635. On holdings count, DRMD is the more diversified portfolio.
Recent articles about ZLD and DRMD
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