VS
BMO Low Volatility International Equity ETF (ZLI) 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 ZLI focuses its top 3 sector exposures on Finance, Telecommunications, and Utilities, while DRMD leans towards Finance, Industrials, and Technology. When evaluating costs, ZLI features a management fee (MER) of 0.4%, compared to 0.25% for DRMD. Performance-wise, ZLI has returned 11.73% year-to-date with -$3 M in net flows, whereas DRMD is at 10.81% 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
ZLI
DRMD
| AuM | $294.30 M | $80.26 M |
| Management Fees | 0.40% | 0.25% |
| Exp. ratio | 0.45% | 0.28% |
| Tracking Difference | - | - |
Historical performance and flows
As of October 30, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZLI | +4.91% | +2.15% | +11.73% | +10.88% | +52.69% |
DRMD | -2.37% | -1.99% | +10.81% | +12.25% | +73.25% | |
| Flows | ZLI | +$0 M | -$6 M | -$3 M | -$0 M | -$170 M |
DRMD | +$0 M | -$15 M | +$30 M | +$45 M | -$4 M |
ZLI vs DRMD exposure
Countries
ZLI
Japan
26.37%
United Kingdom
13.71%
Netherlands
9.50%
France
9.19%
Germany
8.86%
Other
32.37%
DRMD
Japan
24.28%
United Kingdom
13.95%
Switzerland
9.44%
France
9.26%
Germany
8.61%
Other
34.46%
Sectors
ZLI
Finance
23.25%
Telecommunications
10.92%
Utilities
10.79%
Consumer Non-Cyclicals
10.69%
Industrials
10.16%
Technology
9.69%
Other
24.50%
DRMD
Finance
27.79%
Industrials
16.00%
Technology
13.86%
Healthcare
9.69%
Consumer Non-Cyclicals
7.38%
Non-Energy Materials
7.12%
Other
18.16%
As of October 30, 2026
Top 10 Holdings
ZLI
Euronext NV
2.37%
Deutsche Börse AG
1.99%
Orange SA
1.88%
Japan Post Holdings Co., Ltd.
1.75%
SoftBank Corp.
1.67%
Nitori Holdings Co., Ltd.
1.58%
Insurance Australia Group Ltd.
1.55%
KDDI Corp.
1.53%
OBIC Co. Ltd.
1.51%
SECOM Co., Ltd.
1.50%
DRMD
ASML Holding NV
3.32%
HSBC Holdings Plc
1.64%
Roche Holding AG
1.32%
Shell Plc
1.27%
Novartis AG
1.25%
Schneider Electric SE
1.21%
AstraZeneca PLC
1.18%
Mitsubishi UFJ Financial Group, Inc.
1.16%
Nestlé SA
1.15%
Siemens AG
1.15%
Diversification
ZLI
Total weight of top 10 holdings out of 101 total
17.33%
DRMD
Total weight of top 10 holdings out of 630 total
14.65%
Characteristics
Compare
ZLI
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 | 2.03% | 0.00% |
| Meets ESG criteria | No | Yes |
| Inception Date | September 2, 2015 | May 1, 2020 |
Frequently asked questions about ZLI and DRMD
Which ETF has performed better year to date: ZLI or DRMD?
As of October 30, 2026, ZLI has returned 11.73% year to date, while DRMD has returned 10.81%. ZLI is ahead on YTD performance.
Which ETF is larger by assets under management: ZLI or DRMD?
As of October 30, 2026, ZLI manages $294.30 M in assets, while DRMD manages $80.26 M. ZLI is the larger fund by AUM.
How are ZLI and DRMD managed?
ZLI 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 ZLI and DRMD emphasize?
ZLI is most exposed to Finance, Telecommunications, and Utilities. DRMD is most exposed to Finance, Industrials, and Technology.
Which ETF is attracting more investor flows: ZLI or DRMD?
Year to date, ZLI has seen -$2.96 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 ZLI and DRMD compare?
ZLI has an expense ratio of 0.45%, while DRMD has an expense ratio of 0.28%.
What are the top holdings of ZLI and DRMD?
ZLI's largest holdings include Euronext NV, Deutsche Börse AG, and Orange SA. DRMD's top holdings include ASML Holding NV, HSBC Holdings Plc, and Roche Holding AG.
Which ETF is more diversified: ZLI or DRMD?
ZLI holds 101 securities, while DRMD holds 622. On holdings count, DRMD is the more diversified portfolio.
Recent articles about ZLI and DRMD
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