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Compare BMO MSCI USA High Quality Index ETF (ZUQ) vs CI Invesco Russell 1000 Multifactor Index ETF (IUMF.F) to find the best fit for your portfolio. ZUQ provides Technology, Healthcare, and Consumer Non-Cyclicals exposures, while IUMF.F is primarily weighted in Technology, Healthcare, and Finance. When evaluating costs, ZUQ features a management fee (MER) of 0.3%, compared to 0.34% for IUMF.F. Performance-wise, ZUQ has returned 19.84% year-to-date with -$79 M in net flows, whereas IUMF.F is at 15.53% with -$1 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
ZUQ
IUMF.F
| AuM | $1,370.47 M | $15.69 M |
| Management Fees | 0.30% | 0.34% |
| Exp. ratio | 0.33% | 0.35% |
| Tracking Difference | -0.15% | -0.66% |
Historical performance and flows
As of November 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ZUQ | +0.32% | +4.16% | +19.84% | +19.28% | +82.19% |
IUMF.F | -0.09% | +0.45% | +15.53% | +16.29% | +51.55% | |
| Flows | ZUQ | -$6 M | -$5 M | -$79 M | -$70 M | +$300 M |
IUMF.F | +$0 M | +$0 M | -$1 M | -$1 M | +$1 M |
ZUQ vs IUMF.F exposure
Countries
ZUQ
USA
96.60%
IUMF.F
USA
97.38%
Sectors
ZUQ
Technology
46.61%
Healthcare
16.68%
Consumer Non-Cyclicals
11.11%
Finance
10.96%
Industrials
7.83%
IUMF.F
Technology
44.07%
Healthcare
13.10%
Finance
10.37%
Industrials
10.30%
Consumer Non-Cyclicals
9.81%
Other
12.35%
As of November 11, 2026
Top 10 Holdings
ZUQ
Meta Platforms, Inc.
5.78%
Microsoft Corp.
5.75%
Eli Lilly & Co.
5.46%
Apple, Inc.
5.20%
NVIDIA Corp.
4.85%
Visa, Inc.
4.29%
Johnson & Johnson
3.44%
Mastercard, Inc.
3.08%
Lam Research Corp.
2.96%
Applied Materials, Inc.
2.53%
IUMF.F
US46138J6192
100.46%
Diversification
ZUQ
Total weight of top 10 holdings out of 119 total
43.34%
IUMF.F
Total weight of top 10 holdings out of 631 total
100.46%
Characteristics
Compare
ZUQ
IUMF.F
| Provider | BMO | CI |
| Management | Passively managed | Passively managed |
| Benchmark | MSCI USA Quality Net Total Return Index - CAD | Russell 1000 Invesco Dynamic Multifactor CAD Hedged Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.43% | 0.72% |
| Meets ESG criteria | No | No |
| Inception Date | November 5, 2014 | July 13, 2023 |
Frequently asked questions about ZUQ and IUMF.F
Which ETF has performed better year to date: ZUQ or IUMF.F?
As of November 11, 2026, ZUQ has returned 19.84% year to date, while IUMF.F has returned 15.53%. ZUQ is ahead on YTD performance.
Which ETF is larger by assets under management: ZUQ or IUMF.F?
As of November 11, 2026, ZUQ manages $1.37 B in assets, while IUMF.F manages $15.69 M. ZUQ is the larger fund by AUM.
How are ZUQ and IUMF.F managed?
ZUQ is passively managed by BMO. It tracks the MSCI USA Quality Net Total Return Index - CAD benchmark. IUMF.F is passively managed by CI. It tracks the Russell 1000 Invesco Dynamic Multifactor CAD Hedged Index - CAD benchmark.
Which ETF is more diversified: ZUQ or IUMF.F?
ZUQ holds 118 securities, while IUMF.F holds 1. On holdings count, ZUQ is the more diversified portfolio.
Which ETF is attracting more investor flows: ZUQ or IUMF.F?
Year to date, ZUQ has seen -$79.41 M in net flows, compared with -$1.11 M for IUMF.F. IUMF.F has attracted more net investor money so far.
How do the fees of ZUQ and IUMF.F compare?
ZUQ has an expense ratio of 0.33%, while IUMF.F has an expense ratio of 0.35%.
What sectors do ZUQ and IUMF.F emphasize?
ZUQ is most exposed to Technology, Healthcare, and Consumer Non-Cyclicals. IUMF.F is most exposed to Technology, Healthcare, and Finance.
Recent articles about ZUQ and IUMF.F
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