You're going to get 25 opinions from 20 people.
But I'll bite.
Personally I'm not a fan of multi-tools for bow work. I only need 2 hex wrenches for what I need to tweak on my Bear so I just carry those as my "bow tools" (I don't need a wrench for the bolts that hold the arms on - I never mess with those in the field.) So for a multi-tool I want something as light and functional as possible.
I'll be the contrarian here and offer the two options I swap between that might seem light duty, but if you DON'T need a hex driver or 2lbs of saw blades you'll never use, maybe given them a thought.
The first is the Gerber Dime. This is just big enough to replace a Leatherman for many in-field purposes. Small pair of pliers, scissors, wire cutter, wide/flat and pointed ("phillips") blades, plus a small knife blade, bottle opener, and a box cutter. AND it has the tweezers most multi-tools don't seem to include these days, and when I'm in tick country (which let's face it, is most country) I really like having those handy. Great for splinters, too. You'll never dress out a deer with this thing but I don't use my multi-tool for that. In combination with a good knife I find this perfect for EDC. The box cutter seems silly but I actually find it's the #1 thing I use (you can do more than just cut boxes - I strip electrical wire, cut cord...). At $20 (typically) and 2.3oz this one goes on almost every hunt and backpacking trip, as well as most EDC days.
When I want something that's "barely there", I do the Gerber Curve. This is basically one half of the Dime. It's a small knife blade, two (passable) screwdriver places, and a small awl, plus a bottle opener. The knife is tiny, but the locking mechanism is surprisingly solid so this is my "sacrificial" blade for random stuff like cutting cord in camp, or opening boxes at home without dulling my main knife. I still get a bottle opener, and at 0.8oz I feel like I need an excuse NOT to bring it, not the other way around.
