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CI Invesco International Developed Dynamic-Multifactor Index ETF (IIMF) and BMO S&P 500 Index ETF (ZSP) offer distinct profiles for Canadian ETF investors. A direct comparison shows that IIMF focuses its top 3 sector exposures on Finance, Industrials, and Consumer Non-Cyclicals, while ZSP leans towards Technology, Finance, and Healthcare. When evaluating costs, IIMF features a management fee (MER) of 0.39%, compared to 0.08% for ZSP. Performance-wise, IIMF has returned 19.23% year-to-date with -$7 M in net flows, whereas ZSP is at 13.58% with +$452 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
IIMF
ZSP
| AuM | $87.39 M | $24,332.28 M |
| Management Fees | 0.39% | 0.08% |
| Exp. ratio | 0.40% | 0.09% |
| Tracking Difference | -1.66% | -0.25% |
Historical performance and flows
As of September 2, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | IIMF | -1.45% | +0.14% | +19.23% | +31.09% | +60.45% |
ZSP | -2.43% | +0.98% | +13.58% | +21.06% | +78.34% | |
| Flows | IIMF | +$0 M | -$0 M | -$7 M | +$21 M | +$60 M |
ZSP | +$57 M | +$200 M | +$452 M | +$896 M | +$5,264 M |
IIMF vs ZSP exposure
Countries
IIMF
Japan
14.54%
United Kingdom
13.55%
Switzerland
12.29%
Republic of Korea
10.64%
France
9.71%
Australia
7.77%
Other
31.49%
ZSP
USA
96.51%
Sectors
IIMF
Finance
14.97%
Industrials
14.50%
Consumer Non-Cyclicals
13.53%
Healthcare
12.88%
Technology
12.78%
Non-Energy Materials
7.71%
Other
23.63%
ZSP
Technology
44.85%
Finance
14.06%
Healthcare
8.98%
Consumer Non-Cyclicals
8.97%
Industrials
7.63%
Other
15.53%
As of September 2, 2026
Top 10 Holdings
IIMF
Samsung Electronics Co., Ltd.
4.47%
Novartis AG
2.97%
Roche Holding AG
2.88%
SK hynix, Inc.
2.68%
Nestlé SA
2.60%
Shell Plc
2.60%
Investor AB
1.88%
3i Group Plc
1.54%
Sanofi
1.33%
Safran SA
1.32%
ZSP
Apple, Inc.
7.66%
NVIDIA Corp.
7.39%
Microsoft Corp.
5.24%
Amazon.com, Inc.
3.61%
Alphabet, Inc.
3.07%
Broadcom Inc.
2.88%
Alphabet, Inc.
2.47%
Meta Platforms, Inc.
1.85%
Micron Technology, Inc.
1.55%
JPMorgan Chase & Co.
1.47%
Diversification
IIMF
Total weight of top 10 holdings out of 866 total
24.26%
ZSP
Total weight of top 10 holdings out of 502 total
37.19%
Characteristics
Compare
IIMF
ZSP
| Provider | CI | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | FTSE Developed ex US Invesco Dynamic Multifactor Index - CAD | S&P 500 CAD Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.44% | 0.76% |
| Meets ESG criteria | No | No |
| Inception Date | July 13, 2023 | November 14, 2012 |
Frequently asked questions about IIMF and ZSP
Which ETF has performed better year to date: IIMF or ZSP?
As of September 2, 2026, IIMF has returned 19.23% year to date, while ZSP has returned 13.58%. IIMF is ahead on YTD performance.
Which ETF is larger by assets under management: IIMF or ZSP?
As of September 2, 2026, IIMF manages $87.39 M in assets, while ZSP manages $24.33 B. ZSP is the larger fund by AUM.
How are IIMF and ZSP managed?
IIMF is passively managed by CI. It tracks the FTSE Developed ex US Invesco Dynamic Multifactor Index - CAD benchmark. ZSP is passively managed by BMO. It tracks the S&P 500 CAD Total Return Index - CAD benchmark.
What sectors do IIMF and ZSP emphasize?
IIMF is most exposed to Finance, Industrials, and Consumer Non-Cyclicals. ZSP is most exposed to Technology, Finance, and Healthcare.
Which ETF is attracting more investor flows: IIMF or ZSP?
Year to date, IIMF has seen -$7.08 M in net flows, compared with +$452.11 M for ZSP. ZSP has attracted more net investor money so far.
How do the fees of IIMF and ZSP compare?
IIMF has an expense ratio of 0.40%, while ZSP has an expense ratio of 0.09%.
What are the top holdings of IIMF and ZSP?
IIMF's largest holdings include Samsung Electronics Co., Ltd., Roche Holding AG, and Novartis AG. ZSP's top holdings include Apple, Inc., NVIDIA Corp., and Alphabet, Inc..
Which ETF is more diversified: IIMF or ZSP?
IIMF holds 850 securities, while ZSP holds 494. On holdings count, IIMF is the more diversified portfolio.
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