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Compare CI Invesco International Developed Dynamic-Multifactor Index ETF (IIMF) vs BMO Equal Weight Utilities Index ETF (ZUT) to find the best fit for your portfolio. IIMF provides Finance, Industrials, and Consumer Non-Cyclicals exposures, while ZUT is primarily weighted in Utilities, Energy, and Industrials. When evaluating costs, IIMF features a management fee (MER) of 0.39%, compared to 0.55% for ZUT. Performance-wise, IIMF has returned 19.23% year-to-date with -$7 M in net flows, whereas ZUT is at 12.81% with -$95 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
ZUT
| AuM | $87.39 M | $814.36 M |
| Management Fees | 0.39% | 0.55% |
| Exp. ratio | 0.40% | 0.61% |
| Tracking Difference | -1.66% | -0.80% |
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% |
ZUT | -6.91% | -5.97% | +12.81% | +18.92% | +48.01% | |
| Flows | IIMF | +$0 M | -$0 M | -$7 M | +$21 M | +$60 M |
ZUT | +$25 M | -$20 M | -$95 M | -$88 M | +$218 M |
IIMF vs ZUT 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%
ZUT
Canada
84.41%
Bermuda
15.59%
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%
ZUT
Utilities
83.73%
Energy
8.32%
Industrials
7.95%
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%
ZUT
Boralex, Inc.
9.47%
ATCO Ltd.
8.45%
AltaGas Ltd.
8.32%
Canadian Utilities Ltd.
8.09%
Brookfield Infrastructure Partners LP
7.95%
Capital Power Corp.
7.68%
Brookfield Renewable Partners LP
7.64%
Emera, Inc.
7.35%
TransAlta Corp.
7.18%
Northland Power, Inc.
7.08%
Diversification
IIMF
Total weight of top 10 holdings out of 866 total
24.26%
ZUT
Total weight of top 10 holdings out of 13 total
79.21%
Characteristics
Compare
IIMF
ZUT
| Provider | CI | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | FTSE Developed ex US Invesco Dynamic Multifactor Index - CAD | Solactive Equal Weight Canada Utilities Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.44% | 2.93% |
| Meets ESG criteria | No | No |
| Inception Date | July 13, 2023 | January 19, 2010 |
Frequently asked questions about IIMF and ZUT
Which ETF has performed better year to date: IIMF or ZUT?
As of September 2, 2026, IIMF has returned 19.23% year to date, while ZUT has returned 12.81%. IIMF is ahead on YTD performance.
Which ETF is larger by assets under management: IIMF or ZUT?
As of September 2, 2026, IIMF manages $87.39 M in assets, while ZUT manages $814.36 M. ZUT is the larger fund by AUM.
How are IIMF and ZUT managed?
IIMF is passively managed by CI. It tracks the FTSE Developed ex US Invesco Dynamic Multifactor Index - CAD benchmark. ZUT is passively managed by BMO. It tracks the Solactive Equal Weight Canada Utilities Total Return Index - CAD benchmark.
What sectors do IIMF and ZUT emphasize?
IIMF is most exposed to Finance, Industrials, and Consumer Non-Cyclicals. ZUT is most exposed to Utilities, Energy, and Industrials.
Which ETF is attracting more investor flows: IIMF or ZUT?
Year to date, IIMF has seen -$7.08 M in net flows, compared with -$94.91 M for ZUT. IIMF has attracted more net investor money so far.
How do the fees of IIMF and ZUT compare?
IIMF has an expense ratio of 0.40%, while ZUT has an expense ratio of 0.61%.
What are the top holdings of IIMF and ZUT?
IIMF's largest holdings include Samsung Electronics Co., Ltd., Roche Holding AG, and Novartis AG. ZUT's top holdings include Boralex, Inc., ATCO Ltd., and AltaGas Ltd..
Which ETF is more diversified: IIMF or ZUT?
IIMF holds 850 securities, while ZUT holds 13. On holdings count, IIMF is the more diversified portfolio.
Recent articles about IIMF and ZUT
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