VS
iShares International Fundamental Index ETF (CIE) and BMO International Dividend ETF (ZDI) 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 ZDI leans towards Finance, Industrials, and Consumer Non-Cyclicals. When evaluating costs, CIE features a management fee (MER) of 0.65%, compared to 0.4% for ZDI. Performance-wise, CIE has returned 23.02% year-to-date with +$10 M in net flows, whereas ZDI is at 16.35% with +$108 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
CIE
ZDI
| AuM | $249.63 M | $942.68 M |
| Management Fees | 0.65% | 0.40% |
| Exp. ratio | 0.72% | 0.44% |
| 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% |
ZDI | -0.72% | +5.56% | +16.35% | +23.48% | +69.40% | |
| Flows | CIE | +$0 M | +$0 M | +$10 M | +$23 M | +$19 M |
ZDI | +$30 M | +$59 M | +$108 M | +$139 M | +$249 M |
CIE vs ZDI exposure
Countries
CIE
Japan
17.80%
United Kingdom
13.44%
Canada
12.27%
France
8.89%
Germany
7.93%
Other
39.67%
ZDI
Japan
20.47%
France
14.37%
United Kingdom
14.03%
Netherlands
7.60%
Switzerland
7.54%
Other
35.99%
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%
ZDI
Finance
31.23%
Industrials
13.19%
Consumer Non-Cyclicals
8.96%
Healthcare
7.89%
Technology
7.06%
Other
31.67%
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%
ZDI
ASML Holding NV
3.15%
HSBC Holdings Plc
2.85%
Intesa Sanpaolo SpA
2.53%
Roche Holding AG
2.42%
TotalEnergies SE
2.26%
DBS Group Holdings Ltd.
2.26%
Enel SpA
2.10%
Shell Plc
2.06%
Siemens AG
2.02%
Imperial Brands Plc
1.98%
Diversification
CIE
Total weight of top 10 holdings out of 1,022 total
11.41%
ZDI
Total weight of top 10 holdings out of 108 total
23.64%
Characteristics
Compare
CIE
ZDI
| Provider | iShares | BMO |
| 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% | 2.98% |
| Meets ESG criteria | No | No |
| Inception Date | February 14, 2007 | November 12, 2014 |
Frequently asked questions about CIE and ZDI
Which ETF has performed better year to date: CIE or ZDI?
As of September 4, 2026, CIE has returned 23.02% year to date, while ZDI has returned 16.35%. CIE is ahead on YTD performance.
Which ETF is larger by assets under management: CIE or ZDI?
As of September 4, 2026, CIE manages $249.63 M in assets, while ZDI manages $942.68 M. ZDI is the larger fund by AUM.
How are CIE and ZDI managed?
CIE is passively managed by iShares. It tracks the RAFI Fundamental Select Developed ex US 1000 NTR Index - CAD benchmark. ZDI is actively managed by BMO. It does not track an index.
What sectors do CIE and ZDI emphasize?
CIE is most exposed to Finance, Industrials, and Energy. ZDI is most exposed to Finance, Industrials, and Consumer Non-Cyclicals.
Which ETF is attracting more investor flows: CIE or ZDI?
Year to date, CIE has seen +$10.28 M in net flows, compared with +$108.09 M for ZDI. ZDI has attracted more net investor money so far.
How do the fees of CIE and ZDI compare?
CIE has an expense ratio of 0.72%, while ZDI has an expense ratio of 0.44%.
What are the top holdings of CIE and ZDI?
CIE's largest holdings include Samsung Electronics Co., Ltd., Shell Plc, and HSBC Holdings Plc. ZDI's top holdings include Roche Holding AG, ASML Holding NV, and HSBC Holdings Plc.
Which ETF is more diversified: CIE or ZDI?
CIE holds 998 securities, while ZDI holds 107. On holdings count, CIE is the more diversified portfolio.
Recent articles about CIE and ZDI
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