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iShares International Fundamental Index ETF (CIE) and Manulife Smart International Dividend ETF (IDIV.B) offer distinct profiles for Canadian ETF investors. A direct comparison shows that CIE focuses its top 3 sector exposures on Finance, Industrials, and Energy, while IDIV.B leans towards Finance, Industrials, and Consumer Non-Cyclicals. When evaluating costs, CIE features a management fee (MER) of 0.65%, compared to 0.35% for IDIV.B. Performance-wise, CIE has returned 23.02% year-to-date with +$10 M in net flows, whereas IDIV.B is at 18.66% 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
CIE
IDIV.B
| AuM | $249.63 M | $2,325.82 M |
| Management Fees | 0.65% | 0.35% |
| Exp. ratio | 0.72% | 0.40% |
| Tracking Difference | -0.12% | - |
Historical performance and flows
As of September 4, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CIE | +1.51% | +4.16% | +23.02% | +35.47% | +95.36% |
IDIV.B | -0.49% | +6.34% | +18.66% | +27.53% | +93.86% | |
| Flows | CIE | +$0 M | +$0 M | +$10 M | +$23 M | +$19 M |
IDIV.B | +$179 M | +$476 M | +$1,450 M | +$1,675 M | +$1,850 M |
CIE vs IDIV.B exposure
Countries
CIE
Japan
17.80%
United Kingdom
13.44%
Canada
12.27%
France
8.89%
Germany
7.93%
Other
39.67%
IDIV.B
Japan
18.89%
France
12.44%
United Kingdom
10.83%
Italy
9.09%
Other
48.75%
Sectors
CIE
Finance
31.11%
Industrials
11.12%
Energy
9.49%
Technology
9.32%
Non-Energy Materials
8.66%
Consumer Non-Cyclicals
7.29%
Other
23.01%
IDIV.B
Finance
37.03%
Industrials
10.91%
Consumer Non-Cyclicals
9.64%
Healthcare
9.40%
Technology
7.57%
Other
25.45%
As of September 4, 2026
Top 10 Holdings
CIE
Samsung Electronics Co., Ltd.
2.01%
Shell Plc
1.56%
HSBC Holdings Plc
1.16%
Royal Bank of Canada
1.11%
Mitsubishi UFJ Financial Group, Inc.
1.02%
The Toronto-Dominion Bank
1.01%
TotalEnergies SE
0.95%
BNP Paribas SA
0.88%
Roche Holding AG
0.86%
Banco Santander SA
0.85%
IDIV.B
Banco Bilbao Vizcaya Argentaria SA
2.25%
ASML Holding NV
2.25%
Banco BPM SpA
2.25%
Unipol Assicurazioni SpA
2.23%
Volvo AB
2.14%
Klépierre SA
2.13%
Svenska Handelsbanken AB
2.11%
Intesa Sanpaolo SpA
2.05%
BOC Hong Kong (Holdings) Ltd.
1.99%
EDP SA
1.89%
Diversification
CIE
Total weight of top 10 holdings out of 1,022 total
11.41%
IDIV.B
Total weight of top 10 holdings out of 90 total
21.30%
Characteristics
Compare
CIE
IDIV.B
| Provider | iShares | Manulife Investments |
| Management | Passively managed | Actively managed |
| Benchmark | RAFI Fundamental Select Developed ex US 1000 NTR Index - CAD | - |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.09% | 2.29% |
| Meets ESG criteria | No | No |
| Inception Date | February 14, 2007 | November 9, 2022 |
Frequently asked questions about CIE and IDIV.B
Which ETF has performed better year to date: CIE or IDIV.B?
As of September 4, 2026, CIE has returned 23.02% year to date, while IDIV.B has returned 18.66%. CIE is ahead on YTD performance.
Which ETF is larger by assets under management: CIE or IDIV.B?
As of September 4, 2026, CIE manages $249.63 M in assets, while IDIV.B manages $2.33 B. IDIV.B is the larger fund by AUM.
How are CIE and IDIV.B managed?
CIE is passively managed by iShares. It tracks the RAFI Fundamental Select Developed ex US 1000 NTR Index - CAD benchmark. IDIV.B is actively managed by Manulife Investments. It does not track an index.
What sectors do CIE and IDIV.B emphasize?
CIE is most exposed to Finance, Industrials, and Energy. IDIV.B is most exposed to Finance, Industrials, and Consumer Non-Cyclicals.
Which ETF is attracting more investor flows: CIE or IDIV.B?
Year to date, CIE has seen +$10.28 M in net flows, compared with +$1,450.30 M for IDIV.B. IDIV.B has attracted more net investor money so far.
How do the fees of CIE and IDIV.B compare?
CIE has an expense ratio of 0.72%, while IDIV.B has an expense ratio of 0.40%.
What are the top holdings of CIE and IDIV.B?
CIE's largest holdings include Samsung Electronics Co., Ltd., Shell Plc, and HSBC Holdings Plc. IDIV.B's top holdings include Banco Bilbao Vizcaya Argentaria SA, ASML Holding NV, and Banco BPM SpA.
Which ETF is more diversified: CIE or IDIV.B?
CIE holds 998 securities, while IDIV.B holds 90. On holdings count, CIE is the more diversified portfolio.
Recent articles about CIE and IDIV.B
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