VS
Evolve S&P/TSX 60 Enhanced Yield Fund ETF (ETSX) and Manulife Multifactor Canadian Large Cap Index ETF (MCLC) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ETSX focuses its top 3 sector exposures on Financials, Materials, and Energy, while MCLC leans towards Financials, Energy, and Materials. When evaluating costs, ETSX features a management fee (MER) of 0.6%, compared to 0.35% for MCLC. Performance-wise, ETSX has returned 6.04% year-to-date with +$26 M in net flows, whereas MCLC is at 10.86% with +$129 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
ETSX
MCLC
| AuM | $117.43 M | $540.08 M |
| Management Fees | 0.60% | 0.35% |
| Exp. ratio | 0.69% | 0.40% |
| Tracking Difference | - | -0.77% |
Historical performance and flows
As of May 20, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ETSX | -0.05% | +1.48% | +6.04% | +24.84% | +60.64% |
MCLC | +0.98% | +3.84% | +10.86% | +35.41% | +87.37% | |
| Flows | ETSX | +$5 M | +$11 M | +$26 M | +$57 M | +$98 M |
MCLC | +$0 M | -$9 M | +$129 M | +$87 M | +$19 M |
ETSX vs MCLC exposure
Countries
ETSX
Canada
87.44%
Other
11.98%
MCLC
Canada
96.46%
Sectors
ETSX
Financials
31.38%
Other
17.27%
Materials
14.51%
Energy
14.36%
Information Technology
8.47%
Other
14.02%
MCLC
Financials
29.66%
Energy
20.55%
Materials
18.12%
Other
7.98%
Industrials
7.40%
Other
16.28%
As of May 20, 2026
Top 10 Holdings
ETSX
ROYAL BK CANADA
7.98%
TORONTO DOMINION
5.58%
SHOPIFY SUBORDINATE VOTING
5.35%
ENBRIDGE
4.15%
AGNICO EAGLE MINES LTD
3.70%
BANK OF MONTREAL
3.42%
CA11271J1075
3.21%
CDN IMPERIAL BK
3.13%
BNS
3.03%
SUNCOR ENERGY
2.72%
MCLC
ROYAL BK CANADA
4.54%
TORONTO DOMINION
4.45%
SUNCOR ENERGY
4.33%
CENOVUS ENERGY
3.57%
AGNICO EAGLE MINES LTD
3.33%
CA11271J1075
3.22%
CDN NATURAL RESOURCE
3.08%
SUN LIFE FINL
2.91%
BANK OF MONTREAL
2.76%
CDN IMPERIAL BK
2.69%
Diversification
ETSX
Total weight of top 10 holdings out of 57 total
42.27%
MCLC
Total weight of top 10 holdings out of 76 total
34.89%
Characteristics
Compare
ETSX
MCLC
| Provider | Evolve ETFs | Manulife Investments |
| Management | Actively managed | Passively managed |
| Benchmark | - | John Hancock Dimensional Canadian Large Cap Equity Total Return Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 8.50% | 1.82% |
| Meets ESG criteria | No | No |
| Inception Date | January 9, 2023 | April 17, 2017 |
Frequently asked questions about ETSX and MCLC
Which ETF has performed better year to date: ETSX or MCLC?
As of May 20, 2026, ETSX has returned 6.04% year to date, while MCLC has returned 10.86%. MCLC is ahead on YTD performance.
Which ETF is larger by assets under management: ETSX or MCLC?
As of May 20, 2026, ETSX manages $117.43 M in assets, while MCLC manages $540.08 M. MCLC is the larger fund by AUM.
How are ETSX and MCLC managed?
ETSX is actively managed by Evolve ETFs. It does not track an index. 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 ETSX and MCLC emphasize?
ETSX is most exposed to Financials, Materials, and Energy. MCLC is most exposed to Financials, Energy, and Materials.
Which ETF is attracting more investor flows: ETSX or MCLC?
Year to date, ETSX has seen +$25.88 M in net flows, compared with +$128.51 M for MCLC. MCLC has attracted more net investor money so far.
How do the fees of ETSX and MCLC compare?
ETSX has an expense ratio of 0.69%, while MCLC has an expense ratio of 0.40%.
What are the top holdings of ETSX and MCLC?
ETSX's largest holdings include ROYAL BK CANADA, TORONTO DOMINION, and SHOPIFY SUBORDINATE VOTING. MCLC's top holdings include ROYAL BK CANADA and TORONTO DOMINION.
Which ETF is more diversified: ETSX or MCLC?
ETSX holds 55 securities, while MCLC holds 75. 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.