VS
When evaluating costs, FCMO features a management fee (MER) of 0.35%, compared to 0.06% for QUU. Performance-wise, FCMO has returned 22.38% year-to-date with +$846 M in net flows, whereas QUU is at 17.98% with +$2 B. 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
FCMO
QUU
| AuM | $2,595.04 M | $7,442.83 M |
| Management Fees | 0.35% | 0.06% |
| Exp. ratio | 0.38% | 0.06% |
| Tracking Difference | -0.50% | -0.08% |
Historical performance and flows
As of October 14, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FCMO | +1.87% | +1.85% | +22.38% | +20.11% | +130.03% |
QUU | +3.79% | +3.73% | +17.98% | +18.76% | +92.58% | |
| Flows | FCMO | +$72 M | +$208 M | +$846 M | +$1,069 M | +$1,938 M |
QUU | +$310 M | +$919 M | +$1,546 M | +$1,936 M | +$2,561 M |
FCMO vs QUU exposure
Countries
FCMO
Exposure data will be available soon
QUU
USA
97.64%
Sectors
FCMO
Exposure data will be available soon
QUU
Technology
45.27%
Finance
13.23%
Healthcare
9.35%
Consumer Non-Cyclicals
8.71%
Industrials
7.65%
Other
15.80%
As of October 14, 2026
Top 10 Holdings
FCMO
Exposure data will be available soon
QUU
NVIDIA Corp.
7.73%
Apple, Inc.
6.83%
Microsoft Corp.
5.60%
Amazon.com, Inc.
3.76%
Alphabet, Inc.
2.99%
Broadcom Inc.
2.60%
Alphabet, Inc.
2.58%
Meta Platforms, Inc.
1.89%
Tesla, Inc.
1.70%
Micron Technology, Inc.
1.63%
Diversification
FCMO
Exposure data will be available soon
QUU
Total weight of top 10 holdings out of 503 total
37.31%
Characteristics
Compare
FCMO
QUU
| Provider | Fidelity | Mackenzie Investments |
| Management | Passively managed | Passively managed |
| Benchmark | Fidelity Canada U.S. Momentum GTR Index - CAD | Solactive US Large Cap Index NTR - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.30% | 0.94% |
| Meets ESG criteria | No | No |
| Inception Date | June 10, 2020 | January 24, 2018 |
Frequently asked questions about FCMO and QUU
Which ETF has performed better year to date: FCMO or QUU?
As of October 14, 2026, FCMO has returned 22.38% year to date, while QUU has returned 17.98%. FCMO is ahead on YTD performance.
Which ETF is larger by assets under management: FCMO or QUU?
As of October 14, 2026, FCMO manages $2.60 B in assets, while QUU manages $7.44 B. QUU is the larger fund by AUM.
How are FCMO and QUU managed?
FCMO is passively managed by Fidelity. It tracks the Fidelity Canada U.S. Momentum GTR Index - CAD benchmark. QUU is passively managed by Mackenzie Investments. It tracks the Solactive US Large Cap Index NTR - CAD benchmark.
Which ETF is attracting more investor flows: FCMO or QUU?
Year to date, FCMO has seen +$846.26 M in net flows, compared with +$1,546.41 M for QUU. QUU has attracted more net investor money so far.
How do the fees of FCMO and QUU compare?
FCMO has an expense ratio of 0.38%, while QUU has an expense ratio of 0.06%.
Recent articles about FCMO and QUU
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