ETF Market Canada › ETF Comparison › MBAP vs CBL

MBAP vs CBL ETF Comparison

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MBAP
Manulife Balanced ETF Portfolio
Full MBAP fund page
VS
CBL
Franklin Core ETF Portfolio ETF
Full CBL fund page

Compare Manulife Balanced ETF Portfolio (MBAP) vs Franklin Core ETF Portfolio ETF (CBL) to find the best fit for your portfolio. MBAP provides Finance, Technology, and Energy exposures, while CBL is primarily weighted in Finance, Technology, and Industrials. When evaluating costs, MBAP features a management fee (MER) of 0.35%, compared to 0.13% for CBL. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.

NAV Performance and Flows

-1.5-1.0-0.50.0%Sep 21Sep 28Oct 5Oct 13

Key Data

Historical performance and flows

As of October 19, 2026
1M3MYTD1Y3Y
Perf.
MBAP
-1.46%-0.22%---
CBL
-0.95%+1.12%+8.40%+8.86%-
Flows
MBAP
+$6 M+$19 M---
CBL
+$0 M+$0 M+$1 M+$1 M-

MBAP vs CBL exposure

Countries

MBAP
Canada
32.56%
USA
25.10%
Other
18.60%
Other
23.74%
CBL
USA
36.93%
Canada
29.41%
Other
18.29%
Other
15.37%

Sectors

MBAP
Finance
22.58%
Other
18.61%
Technology
13.11%
Energy
7.64%
Other
38.07%
CBL
Finance
20.20%
Other
18.29%
Technology
15.17%
Industrials
7.23%
Other
39.11%
As of October 19, 2026

Top 10 Holdings

MBAP
CA56501D1078
8.26%
CA56503H1064
5.23%
CA56504C1068
3.44%
NVIDIA Corp.
1.64%
Microsoft Corp.
1.21%
Apple, Inc.
1.01%
Amazon.com, Inc.
0.63%
The Toronto-Dominion Bank
0.62%
Alphabet, Inc.
0.61%
Broadcom Inc.
0.60%
CBL
CA35247P1036
6.91%
NVIDIA Corp.
2.17%
US35473P5465
2.01%
Apple, Inc.
1.98%
Microsoft Corp.
1.58%
Royal Bank of Canada
1.20%
Amazon.com, Inc.
1.13%
The Toronto-Dominion Bank
0.86%
USA, Notes 4.375% 15may2036, USD (C-2036)
0.84%
Alphabet, Inc.
0.82%

Diversification

MBAP
Total weight of top 10 holdings out of 10,465 total
23.26%
CBL
Total weight of top 10 holdings out of 2,977 total
19.49%

Characteristics

Compare
MBAP
CBL
ProviderManulife InvestmentsFranklin Templeton
ManagementActively managedActively managed
Benchmark--
Replication Method--
Asset ClassEquity, Fixed IncomeEquity, Fixed Income
Dividend PolicyDistributingDistributing
Trailing 12m distribution yield-2.35%
Meets ESG criteriaNoNo
Inception DateApril 28, 2026June 5, 2024

Frequently asked questions about MBAP and CBL

Which ETF is larger by assets under management: MBAP or CBL?
As of October 19, 2026, MBAP manages $34.34 M in assets, while CBL manages $3.75 M. MBAP is the larger fund by AUM.
How are MBAP and CBL managed?
MBAP is actively managed by Manulife Investments. It does not track an index. CBL is actively managed by Franklin Templeton. It does not track an index.
What sectors do MBAP and CBL emphasize?
MBAP is most exposed to Finance, Technology, and Energy. CBL is most exposed to Finance, Technology, and Industrials.
How do the fees of MBAP and CBL compare?
MBAP has an expense ratio of 0.35%, while CBL has an expense ratio of 0.20%.
What are the top holdings of MBAP and CBL?
MBAP's largest holdings include NVIDIA Corp. and Microsoft Corp.. CBL's top holdings include NVIDIA Corp. and Apple, Inc..
Which ETF is more diversified: MBAP or CBL?
MBAP holds 10104 securities, while CBL holds 2715. On holdings count, MBAP is the more diversified portfolio.

Recent articles about MBAP and CBL

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