VS
Fidelity U.S. Value Currency Neutral Index ETF (FCVH) and Manulife Smart U.S. Enhanced Yield ETF (UYLD.B) offer distinct profiles for Canadian ETF investors. A direct comparison shows that FCVH 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, FCVH features a management fee (MER) of 0.38%, compared to 0.55% for UYLD.B. Performance-wise, FCVH has returned 10.07% year-to-date with +$45 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
FCVH
UYLD.B
| AuM | $300.65 M | $56.03 M |
| Management Fees | 0.38% | 0.55% |
| Exp. ratio | 0.41% | 0.61% |
| Tracking Difference | -1.06% | - |
Historical performance and flows
As of June 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FCVH | -0.17% | +8.70% | +10.07% | +31.95% | +85.18% |
UYLD.B | +5.51% | +14.18% | +17.34% | +29.01% | - | |
| Flows | FCVH | +$2 M | -$8 M | +$45 M | +$69 M | +$202 M |
UYLD.B | +$1 M | +$1 M | +$3 M | -$0 M | - |
FCVH vs UYLD.B exposure
Countries
FCVH
USA
96.03%
UYLD.B
USA
76.20%
Other
20.58%
Sectors
FCVH
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
FCVH
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
FCVH
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
FCVH
UYLD.B
| Provider | Fidelity | Manulife Investments |
| Management | Passively managed | Actively managed |
| Benchmark | Fidelity Canada U.S. Value Currency Neutral GTR Index - CAD | - |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.59% | 5.81% |
| Meets ESG criteria | No | No |
| Inception Date | June 10, 2020 | June 4, 2024 |
Frequently asked questions about FCVH and UYLD.B
Which ETF has performed better year to date: FCVH or UYLD.B?
As of June 11, 2026, FCVH has returned 10.07% 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: FCVH or UYLD.B?
As of June 11, 2026, FCVH manages $300.65 M in assets, while UYLD.B manages $56.03 M. FCVH is the larger fund by AUM.
How are FCVH and UYLD.B managed?
FCVH is passively managed by Fidelity. It tracks the Fidelity Canada U.S. Value Currency Neutral GTR Index - CAD benchmark. UYLD.B is actively managed by Manulife Investments. It does not track an index.
What sectors do FCVH and UYLD.B emphasize?
FCVH 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: FCVH or UYLD.B?
Year to date, FCVH has seen +$44.54 M in net flows, compared with +$2.86 M for UYLD.B. FCVH has attracted more net investor money so far.
How do the fees of FCVH and UYLD.B compare?
FCVH has an expense ratio of 0.41%, while UYLD.B has an expense ratio of 0.61%.
What are the top holdings of FCVH and UYLD.B?
FCVH'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: FCVH or UYLD.B?
FCVH holds 87 securities, while UYLD.B holds 121. On holdings count, UYLD.B is the more diversified portfolio.
Recent articles about FCVH and UYLD.B
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