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Compare BMO MSCI Canada Selection Equity Index ETF (ESGA) vs Manulife Multifactor Canadian Large Cap Index ETF (MCLC) to find the best fit for your portfolio. ESGA provides Finance, Non-Energy Materials, and Energy exposures, while MCLC is primarily weighted in Finance, Energy, and Non-Energy Materials. When evaluating costs, ESGA features a management fee (MER) of 0.15%, compared to 0.35% for MCLC. Performance-wise, ESGA has returned 11.81% year-to-date with -$63 M in net flows, whereas MCLC is at 17.79% with +$104 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
ESGA
MCLC
| AuM | $140.66 M | $544.35 M |
| Management Fees | 0.15% | 0.35% |
| Exp. ratio | 0.16% | 0.40% |
| Tracking Difference | -0.21% | -0.49% |
Historical performance and flows
As of October 19, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ESGA | +0.14% | +3.48% | +11.81% | +14.94% | +102.04% |
MCLC | +0.12% | +3.99% | +17.79% | +24.32% | +100.24% | |
| Flows | ESGA | +$0 M | -$35 M | -$63 M | -$63 M | -$25 M |
MCLC | -$6 M | -$19 M | +$104 M | +$99 M | -$7 M |
ESGA vs MCLC exposure
Countries
ESGA
Canada
98.80%
MCLC
Canada
98.06%
Sectors
ESGA
Finance
51.96%
Non-Energy Materials
15.61%
Energy
12.40%
Other
20.03%
MCLC
Finance
37.55%
Energy
20.48%
Non-Energy Materials
18.22%
Other
23.74%
As of October 19, 2026
Top 10 Holdings
ESGA
The Toronto-Dominion Bank
11.76%
Shopify, Inc.
10.97%
Bank of Montreal
6.94%
The Bank of Nova Scotia
6.66%
Enbridge, Inc.
6.41%
Canadian Imperial Bank of Commerce
6.15%
Agnico Eagle Mines Ltd.
6.15%
Wheaton Precious Metals Corp.
4.08%
Canadian National Railway Co.
3.81%
National Bank of Canada
3.49%
MCLC
The Toronto-Dominion Bank
4.24%
Royal Bank of Canada
4.21%
Suncor Energy, Inc.
4.02%
Cenovus Energy, Inc.
3.97%
Sun Life Financial, Inc.
3.36%
The Bank of Nova Scotia
3.24%
Bank of Montreal
3.20%
Agnico Eagle Mines Ltd.
3.06%
Brookfield Corp.
3.00%
Canadian Imperial Bank of Commerce
2.96%
Diversification
ESGA
Exposure data will be available soon
MCLC
Total weight of top 10 holdings out of 80 total
35.26%
Characteristics
Compare
ESGA
MCLC
| Provider | BMO | Manulife Investments |
| Management | Passively managed | Passively managed |
| Benchmark | MSCI Canada Selection Index GTR - 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 | 1.87% | 1.63% |
| Meets ESG criteria | Yes | No |
| Inception Date | January 21, 2020 | April 17, 2017 |
Frequently asked questions about ESGA and MCLC
Which ETF has performed better year to date: ESGA or MCLC?
As of October 19, 2026, ESGA has returned 11.81% year to date, while MCLC has returned 17.79%. MCLC is ahead on YTD performance.
Which ETF is larger by assets under management: ESGA or MCLC?
As of October 19, 2026, ESGA manages $140.66 M in assets, while MCLC manages $544.35 M. MCLC is the larger fund by AUM.
How are ESGA and MCLC managed?
ESGA is passively managed by BMO. It tracks the MSCI Canada Selection Index GTR - 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 ESGA and MCLC emphasize?
ESGA is most exposed to Finance, Non-Energy Materials, and Energy. MCLC is most exposed to Finance, Energy, and Non-Energy Materials.
Which ETF is attracting more investor flows: ESGA or MCLC?
Year to date, ESGA has seen -$63.31 M in net flows, compared with +$103.93 M for MCLC. MCLC has attracted more net investor money so far.
How do the fees of ESGA and MCLC compare?
ESGA has an expense ratio of 0.16%, while MCLC has an expense ratio of 0.40%.
What are the top holdings of ESGA and MCLC?
ESGA's largest holdings include The Toronto-Dominion Bank, Shopify, Inc., and Bank of Montreal. MCLC's top holdings include The Toronto-Dominion Bank, Royal Bank of Canada, and Suncor Energy, Inc..
Which ETF is more diversified: ESGA or MCLC?
ESGA holds 41 securities, while MCLC holds 80. On holdings count, MCLC is the more diversified portfolio.
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All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.

