Key stats
About Desjardins American Mid Cap Equity Index ETF
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Inception date
Aug 28, 2025
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Primary advisor
Desjardins Société de Placement, Inc.
ISIN
CA25060T1003
The fund provides concentrated exposure to the mid-cap equity sector of the US market. Investments are done either directly or indirectly through an index comprised of the top 400 corporations following the first 500 included in the Solactive GBS United States 1500 Index. Initially, the index universe is filtered to include exclusively US common stocks and REITs listed on a domestic exchange. Eligible securities are ranked in descending order based on their market capitalization. Moreover, the mix may include ETFs and derivatives that offer similar economic exposure. All securities are selected and weighted by their market capitalization. The index is rebalanced every quarter in February, May, August, and November.
Related funds
Classification
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
DMID trades at 20.43 CAD today, its price has risen 0.89% in the past 24 hours. Track more dynamics on DMID price chart.
DMID net asset value is 20.21 today — it's risen 1.17% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
DMID assets under management is 340.24 M CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
DMID fund flows account for 337.87 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
DMID expense ratio is 0.00%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, DMID isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, DMID doesn't pay dividends to its holders.
DMID trades at a premium (0.10%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
DMID shares are issued by Desjardins Société de Placement, Inc.
DMID follows the Solactive GBS United States 400 CAD Index - CAD - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Aug 28, 2025.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.