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Compare iShares Canadian Fundamental Index ETF (CRQ) vs Manulife Multifactor Canadian Large Cap Index ETF (MCLC) to find the best fit for your portfolio. CRQ and MCLC provide the same top sector exposures: Finance, Energy, and Non-Energy Materials. When evaluating costs, CRQ features a management fee (MER) of 0.65%, compared to 0.35% for MCLC. Performance-wise, CRQ has returned 21.54% year-to-date with +$14 M in net flows, whereas MCLC is at 16.93% with +$107 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
CRQ
MCLC
| AuM | $154.20 M | $543.80 M |
| Management Fees | 0.65% | 0.35% |
| Exp. ratio | 0.72% | 0.40% |
| Tracking Difference | -0.02% | -0.66% |
Historical performance and flows
As of September 14, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CRQ | -1.29% | +2.89% | +21.54% | +34.02% | +101.36% |
MCLC | -1.46% | +2.28% | +16.93% | +26.78% | +89.63% | |
| Flows | CRQ | +$4 M | +$4 M | +$14 M | +$14 M | +$0 M |
MCLC | -$15 M | -$19 M | +$107 M | +$92 M | -$6 M |
CRQ vs MCLC exposure
Countries
CRQ
Canada
98.14%
MCLC
Canada
97.80%
Sectors
CRQ
Finance
48.70%
Energy
23.07%
Non-Energy Materials
8.63%
Other
19.61%
MCLC
Finance
39.16%
Energy
20.70%
Non-Energy Materials
14.92%
Other
25.22%
As of September 14, 2026
Top 10 Holdings
CRQ
Royal Bank of Canada
8.88%
The Toronto-Dominion Bank
8.09%
The Bank of Nova Scotia
5.76%
Enbridge, Inc.
5.48%
Bank of Montreal
4.93%
Suncor Energy, Inc.
3.90%
Canadian Natural Resources Ltd.
3.86%
Canadian Imperial Bank of Commerce
3.85%
Manulife Financial Corp.
3.46%
Brookfield Corp.
2.82%
MCLC
Royal Bank of Canada
4.46%
The Toronto-Dominion Bank
4.34%
Suncor Energy, Inc.
4.18%
Cenovus Energy, Inc.
3.85%
Sun Life Financial, Inc.
3.67%
Bank of Montreal
3.48%
The Bank of Nova Scotia
3.22%
Brookfield Corp.
3.20%
Canadian Imperial Bank of Commerce
3.20%
Canadian Natural Resources Ltd.
2.86%
Diversification
CRQ
Total weight of top 10 holdings out of 101 total
51.03%
MCLC
Total weight of top 10 holdings out of 80 total
36.45%
Characteristics
Compare
CRQ
MCLC
| Provider | iShares | Manulife Investments |
| Management | Passively managed | Passively managed |
| Benchmark | RAFI Fundamental Select Canada 100 Index - CAD | John Hancock Dimensional Canadian Large Cap Equity Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.78% | 1.64% |
| Meets ESG criteria | No | No |
| Inception Date | February 22, 2006 | April 17, 2017 |
Frequently asked questions about CRQ and MCLC
Which ETF has performed better year to date: CRQ or MCLC?
As of September 14, 2026, CRQ has returned 21.54% year to date, while MCLC has returned 16.93%. CRQ is ahead on YTD performance.
Which ETF is larger by assets under management: CRQ or MCLC?
As of September 14, 2026, CRQ manages $154.20 M in assets, while MCLC manages $543.80 M. MCLC is the larger fund by AUM.
How are CRQ and MCLC managed?
CRQ is passively managed by iShares. It tracks the RAFI Fundamental Select Canada 100 Index - CAD benchmark. MCLC is passively managed by Manulife Investments. It tracks the John Hancock Dimensional Canadian Large Cap Equity Total Return Index - CAD benchmark.
What sectors do CRQ and MCLC emphasize?
CRQ is most exposed to Finance, Energy, and Non-Energy Materials. MCLC is most exposed to Finance, Energy, and Non-Energy Materials.
Which ETF is attracting more investor flows: CRQ or MCLC?
Year to date, CRQ has seen +$14.02 M in net flows, compared with +$107.33 M for MCLC. MCLC has attracted more net investor money so far.
How do the fees of CRQ and MCLC compare?
CRQ has an expense ratio of 0.72%, while MCLC has an expense ratio of 0.40%.
What are the top holdings of CRQ and MCLC?
CRQ's largest holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and The Bank of Nova Scotia. MCLC's top holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Suncor Energy, Inc..
Which ETF is more diversified: CRQ or MCLC?
CRQ holds 100 securities, while MCLC holds 80. On holdings count, CRQ is the more diversified portfolio.
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