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Compare CI Invesco Russell 1000 Multifactor Index ETF (IUMF) vs Scotia US Equity Index Tracker ETF (SITU) to find the best fit for your portfolio. IUMF provides Technology, Healthcare, and Finance exposures, while SITU is primarily weighted in Technology, Finance, and Healthcare. When evaluating costs, IUMF features a management fee (MER) of 0.34%, compared to 0.05% for SITU. Performance-wise, IUMF has returned 20.54% year-to-date with -$32 M in net flows, whereas SITU is at 16.29% with +$664 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
IUMF
SITU
| AuM | $102.53 M | $4,760.03 M |
| Management Fees | 0.34% | 0.05% |
| Exp. ratio | 0.35% | 0.08% |
| Tracking Difference | -0.22% | -0.07% |
Historical performance and flows
As of October 19, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | IUMF | +1.72% | +4.48% | +20.54% | +19.57% | +67.49% |
SITU | -0.48% | +3.82% | +16.29% | +15.42% | +91.72% | |
| Flows | IUMF | -$5 M | -$12 M | -$32 M | -$36 M | +$52 M |
SITU | +$31 M | +$142 M | +$664 M | +$1,026 M | +$2,763 M |
IUMF vs SITU exposure
Countries
IUMF
USA
96.75%
SITU
USA
97.39%
Sectors
IUMF
Technology
42.33%
Healthcare
12.87%
Finance
10.79%
Industrials
10.59%
Consumer Non-Cyclicals
9.73%
Other
13.68%
SITU
Technology
45.22%
Finance
13.33%
Healthcare
9.27%
Consumer Non-Cyclicals
8.82%
Industrials
7.48%
Other
15.88%
As of October 19, 2026
Top 10 Holdings
IUMF
Apple, Inc.
8.40%
Microsoft Corp.
6.37%
NVIDIA Corp.
5.34%
Visa, Inc.
2.98%
Alphabet, Inc.
2.92%
Alphabet, Inc.
2.37%
Mastercard, Inc.
2.30%
Eli Lilly & Co.
1.94%
Amazon.com, Inc.
1.90%
Cisco Systems, Inc.
1.59%
SITU
NVIDIA Corp.
7.74%
Apple, Inc.
6.82%
Microsoft Corp.
5.60%
Amazon.com, Inc.
3.76%
Alphabet, Inc.
2.98%
Broadcom Inc.
2.60%
Alphabet, Inc.
2.57%
Meta Platforms, Inc.
1.89%
Tesla, Inc.
1.69%
Micron Technology, Inc.
1.63%
Diversification
IUMF
Total weight of top 10 holdings out of 631 total
36.09%
SITU
Total weight of top 10 holdings out of 505 total
37.28%
Characteristics
Compare
IUMF
SITU
| Provider | CI | Scotia Bank |
| Management | Passively managed | Passively managed |
| Benchmark | Russell 1000 Invesco Dynamic Multifactor Index - CAD | Solactive GBS United States 500 CAD Net Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.67% | 0.99% |
| Meets ESG criteria | No | No |
| Inception Date | July 13, 2023 | March 11, 2020 |
Frequently asked questions about IUMF and SITU
Which ETF has performed better year to date: IUMF or SITU?
As of October 19, 2026, IUMF has returned 20.54% year to date, while SITU has returned 16.29%. IUMF is ahead on YTD performance.
Which ETF is larger by assets under management: IUMF or SITU?
As of October 19, 2026, IUMF manages $102.53 M in assets, while SITU manages $4.76 B. SITU is the larger fund by AUM.
How are IUMF and SITU managed?
IUMF is passively managed by CI. It tracks the Russell 1000 Invesco Dynamic Multifactor Index - CAD benchmark. SITU is passively managed by Scotia Bank. It tracks the Solactive GBS United States 500 CAD Net Total Return Index - CAD benchmark.
What sectors do IUMF and SITU emphasize?
IUMF is most exposed to Technology, Healthcare, and Finance. SITU is most exposed to Technology, Finance, and Healthcare.
Which ETF is attracting more investor flows: IUMF or SITU?
Year to date, IUMF has seen -$32.35 M in net flows, compared with +$663.62 M for SITU. SITU has attracted more net investor money so far.
How do the fees of IUMF and SITU compare?
IUMF has an expense ratio of 0.35%, while SITU has an expense ratio of 0.08%.
What are the top holdings of IUMF and SITU?
IUMF's largest holdings include Apple, Inc., Microsoft Corp., and NVIDIA Corp.. SITU's top holdings include NVIDIA Corp., Apple, Inc., and Microsoft Corp..
Which ETF is more diversified: IUMF or SITU?
IUMF holds 627 securities, while SITU holds 500. On holdings count, IUMF is the more diversified portfolio.
Recent articles about IUMF and SITU
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