VS
Compare Fidelity U.S. Value Index ETF (FCUV) vs Manulife Multifactor U.S. Large Cap Index ETF (MULC.B) to find the best fit for your portfolio. FCUV provides Information Technology, Consumer Discretionary, and Financials exposures, while MULC.B is primarily weighted in Information Technology, Financials, and Industrials. When evaluating costs, FCUV features a management fee (MER) of 0.35%, compared to 0.32% for MULC.B. Performance-wise, FCUV has returned 12.72% year-to-date with +$992 M in net flows, whereas MULC.B is at 12.04% with +$95 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
FCUV
MULC.B
| AuM | $3,536.42 M | $193.62 M |
| Management Fees | 0.35% | 0.32% |
| Exp. ratio | 0.38% | 0.36% |
| Tracking Difference | -0.98% | - |
Historical performance and flows
As of June 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FCUV | +3.38% | +12.07% | +12.72% | +37.53% | +101.95% |
MULC.B | +3.31% | +12.40% | +12.04% | +25.75% | +73.74% | |
| Flows | FCUV | +$202 M | +$537 M | +$992 M | +$1,651 M | +$2,632 M |
MULC.B | -$7 M | -$4 M | +$95 M | +$88 M | +$93 M |
FCUV vs MULC.B exposure
Countries
FCUV
USA
96.03%
MULC.B
USA
92.82%
Other
7.18%
Sectors
FCUV
Information Technology
30.64%
Consumer Discretionary
15.38%
Financials
14.27%
Industrials
13.81%
Materials
9.12%
Utilities
8.40%
Other
8.38%
MULC.B
Information Technology
25.13%
Financials
12.50%
Industrials
11.80%
Consumer Discretionary
9.85%
Health Care
9.42%
Communication Services
7.71%
Other
23.59%
As of June 11, 2026
Top 10 Holdings
FCUV
NVIDIA
6.36%
CF INDUSTRIES HOLDINGS
5.19%
AMAZON.COM INC
5.09%
APPLE
4.92%
EDISON INTERNATIONAL
4.33%
PG&E
4.07%
MICROSOFT-T
3.96%
NEWMONT CORP
3.94%
BROADCOM LIMITED
2.45%
BERKSHIRE HATHWAY
2.44%
MULC.B
NVIDIA
4.00%
APPLE
3.99%
MICROSOFT-T
2.85%
AMAZON.COM INC
2.73%
ALPHABET INC-CL
2.44%
META PLATFORMS
1.81%
BROADCOM LIMITED
1.63%
JPMORGAN CHASE
1.16%
BERKSHIRE HATHWAY
0.98%
LILLY
0.95%
Diversification
FCUV
Total weight of top 10 holdings out of 87 total
42.75%
MULC.B
Total weight of top 10 holdings out of 701 total
22.54%
Characteristics
Compare
FCUV
MULC.B
| Provider | Fidelity | Manulife Investments |
| Management | Passively managed | Passively managed |
| Benchmark | Fidelity Canada U.S. Value GTR Index - CAD | John Hancock Dimensional Large Cap Total Return Index - USD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.92% | 0.41% |
| Meets ESG criteria | No | No |
| Inception Date | June 10, 2020 | March 23, 2017 |
Frequently asked questions about FCUV and MULC.B
Which ETF has performed better year to date: FCUV or MULC.B?
As of June 11, 2026, FCUV has returned 12.72% year to date, while MULC.B has returned 12.04%. FCUV is ahead on YTD performance.
Which ETF is larger by assets under management: FCUV or MULC.B?
As of June 11, 2026, FCUV manages $3.54 B in assets, while MULC.B manages $193.62 M. FCUV is the larger fund by AUM.
How are FCUV and MULC.B managed?
FCUV is passively managed by Fidelity. It tracks the Fidelity Canada U.S. Value GTR Index - CAD benchmark. MULC.B is passively managed by Manulife Investments. It tracks the John Hancock Dimensional Large Cap Total Return Index - USD benchmark.
What sectors do FCUV and MULC.B emphasize?
FCUV is most exposed to Information Technology, Consumer Discretionary, and Financials. MULC.B is most exposed to Information Technology, Financials, and Industrials.
Which ETF is attracting more investor flows: FCUV or MULC.B?
Year to date, FCUV has seen +$992.33 M in net flows, compared with +$94.61 M for MULC.B. FCUV has attracted more net investor money so far.
How do the fees of FCUV and MULC.B compare?
FCUV has an expense ratio of 0.38%, while MULC.B has an expense ratio of 0.36%.
What are the top holdings of FCUV and MULC.B?
FCUV's largest holdings include NVIDIA, CF INDUSTRIES HOLDINGS, and AMAZON.COM INC. MULC.B's top holdings include NVIDIA, APPLE, and ALPHABET INC-CL.
Which ETF is more diversified: FCUV or MULC.B?
FCUV holds 87 securities, while MULC.B holds 679. On holdings count, MULC.B is the more diversified portfolio.
Recent articles about FCUV and MULC.B
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