VS
Fidelity U.S. Value Index ETF (FCUV) and Manulife Smart U.S. Enhanced Yield ETF (UYLD.B) offer distinct profiles for Canadian ETF investors. A direct comparison shows that FCUV focuses its top 3 sector exposures on Information Technology, Consumer Discretionary, and Financials, while UYLD.B leans towards Information Technology, Financials, and Industrials. When evaluating costs, FCUV features a management fee (MER) of 0.35%, compared to 0.55% for UYLD.B. Performance-wise, FCUV has returned 12.72% year-to-date with +$992 M in net flows, whereas UYLD.B is at 17.34% with +$3 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
UYLD.B
| AuM | $3,536.42 M | $56.03 M |
| Management Fees | 0.35% | 0.55% |
| Exp. ratio | 0.38% | 0.61% |
| 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% |
UYLD.B | +5.51% | +14.18% | +17.34% | +29.01% | - | |
| Flows | FCUV | +$202 M | +$537 M | +$992 M | +$1,651 M | +$2,632 M |
UYLD.B | +$1 M | +$1 M | +$3 M | -$0 M | - |
FCUV vs UYLD.B exposure
Countries
FCUV
USA
96.03%
UYLD.B
USA
76.20%
Other
20.58%
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%
UYLD.B
Information Technology
26.44%
Other
23.58%
Financials
8.08%
Industrials
8.05%
Other
33.85%
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%
UYLD.B
NVIDIA
3.42%
VERIZON COMMUNICATIONS
3.08%
EXXON
2.81%
CISCO-T
2.71%
BROADCOM LIMITED
2.68%
US5128073062
2.58%
PFIZER
2.56%
UNITED PARCEL SERVICE-CL
2.53%
NETAPP
2.38%
AMERICAN FINANCIAL GROUP
2.29%
Diversification
FCUV
Total weight of top 10 holdings out of 87 total
42.75%
UYLD.B
Total weight of top 10 holdings out of 122 total
27.05%
Characteristics
Compare
FCUV
UYLD.B
| Provider | Fidelity | Manulife Investments |
| Management | Passively managed | Actively managed |
| Benchmark | Fidelity Canada U.S. Value GTR Index - CAD | - |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.92% | 5.81% |
| Meets ESG criteria | No | No |
| Inception Date | June 10, 2020 | June 4, 2024 |
Frequently asked questions about FCUV and UYLD.B
Which ETF has performed better year to date: FCUV or UYLD.B?
As of June 11, 2026, FCUV has returned 12.72% year to date, while UYLD.B has returned 17.34%. UYLD.B is ahead on YTD performance.
Which ETF is larger by assets under management: FCUV or UYLD.B?
As of June 11, 2026, FCUV manages $3.54 B in assets, while UYLD.B manages $56.03 M. FCUV is the larger fund by AUM.
How are FCUV and UYLD.B managed?
FCUV is passively managed by Fidelity. It tracks the Fidelity Canada U.S. Value GTR Index - CAD benchmark. UYLD.B is actively managed by Manulife Investments. It does not track an index.
What sectors do FCUV and UYLD.B emphasize?
FCUV is most exposed to Information Technology, Consumer Discretionary, and Financials. UYLD.B is most exposed to Information Technology, Financials, and Industrials.
Which ETF is attracting more investor flows: FCUV or UYLD.B?
Year to date, FCUV has seen +$992.33 M in net flows, compared with +$2.86 M for UYLD.B. FCUV has attracted more net investor money so far.
How do the fees of FCUV and UYLD.B compare?
FCUV has an expense ratio of 0.38%, while UYLD.B has an expense ratio of 0.61%.
What are the top holdings of FCUV and UYLD.B?
FCUV's largest holdings include NVIDIA, CF INDUSTRIES HOLDINGS, and AMAZON.COM INC. UYLD.B's top holdings include NVIDIA and VERIZON COMMUNICATIONS.
Which ETF is more diversified: FCUV or UYLD.B?
FCUV holds 87 securities, while UYLD.B holds 121. On holdings count, UYLD.B is the more diversified portfolio.
Recent articles about FCUV and UYLD.B
Canadian ETF Industry Recap: June 2024
A monthly look back at the Canadian ETF landscape and its developments.
Posted on 7/24/2024 by Kyle Anthony inETF Ecosystem
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