VS
Compare Manulife Multifactor Canadian Large Cap Index ETF (MCLC) vs Global X S&P/TSX 60 Index ETF (CNDX) to find the best fit for your portfolio. MCLC and CNDX provide the same top sector exposures: Finance, Energy, and Non-Energy Materials. When evaluating costs, MCLC features a management fee (MER) of 0.35%, compared to 0.13% for CNDX. Performance-wise, MCLC has returned 14.81% year-to-date with +$104 M in net flows, whereas CNDX is at 14.24% with +$373 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
MCLC
CNDX
| AuM | $530.59 M | $1,086.90 M |
| Management Fees | 0.35% | 0.13% |
| Exp. ratio | 0.40% | 0.10% |
| Tracking Difference | -0.49% | -0.08% |
Historical performance and flows
As of October 1, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | MCLC | -1.75% | +2.25% | +14.81% | +21.99% | +97.59% |
CNDX | -1.31% | +2.16% | +14.24% | +20.33% | - | |
| Flows | MCLC | -$0 M | -$22 M | +$104 M | +$101 M | -$9 M |
CNDX | -$135 M | -$179 M | +$373 M | +$375 M | - |
MCLC vs CNDX exposure
Countries
MCLC
Canada
98.06%
CNDX
Canada
97.64%
Sectors
MCLC
Finance
37.55%
Energy
20.48%
Non-Energy Materials
18.22%
Other
23.74%
CNDX
Finance
46.48%
Energy
17.04%
Non-Energy Materials
14.13%
Other
22.35%
As of October 1, 2026
Top 10 Holdings
MCLC
The Toronto-Dominion Bank
4.24%
Royal Bank of Canada
4.21%
Suncor Energy, Inc.
4.02%
Cenovus Energy, Inc.
3.97%
Sun Life Financial, Inc.
3.36%
The Bank of Nova Scotia
3.24%
Bank of Montreal
3.20%
Agnico Eagle Mines Ltd.
3.06%
Brookfield Corp.
3.00%
Canadian Imperial Bank of Commerce
2.96%
CNDX
Royal Bank of Canada
9.54%
The Toronto-Dominion Bank
6.75%
Shopify, Inc.
6.00%
Bank of Montreal
3.99%
The Bank of Nova Scotia
3.76%
Enbridge, Inc.
3.69%
Canadian Natural Resources Ltd.
3.49%
Canadian Imperial Bank of Commerce
3.49%
Agnico Eagle Mines Ltd.
3.44%
Brookfield Corp.
2.94%
Diversification
MCLC
Total weight of top 10 holdings out of 80 total
35.26%
CNDX
Total weight of top 10 holdings out of 60 total
47.08%
Characteristics
Compare
MCLC
CNDX
| Provider | Manulife Investments | Global X |
| Management | Passively managed | Passively managed |
| Benchmark | John Hancock Dimensional Canadian Large Cap Equity Total Return Index - CAD | S&P/TSX 60 Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.67% | 2.19% |
| Meets ESG criteria | No | No |
| Inception Date | April 17, 2017 | May 14, 2024 |
Frequently asked questions about MCLC and CNDX
Which ETF has performed better year to date: MCLC or CNDX?
As of October 1, 2026, MCLC has returned 14.81% year to date, while CNDX has returned 14.24%. MCLC is ahead on YTD performance.
Which ETF is larger by assets under management: MCLC or CNDX?
As of October 1, 2026, MCLC manages $530.59 M in assets, while CNDX manages $1.09 B. CNDX is the larger fund by AUM.
How are MCLC and CNDX managed?
MCLC is passively managed by Manulife Investments. It tracks the John Hancock Dimensional Canadian Large Cap Equity Total Return Index - CAD benchmark. CNDX is passively managed by Global X. It tracks the S&P/TSX 60 Total Return Index - CAD benchmark.
What sectors do MCLC and CNDX emphasize?
MCLC is most exposed to Finance, Energy, and Non-Energy Materials. CNDX is most exposed to Finance, Energy, and Non-Energy Materials.
Which ETF is attracting more investor flows: MCLC or CNDX?
Year to date, MCLC has seen +$103.94 M in net flows, compared with +$373.44 M for CNDX. CNDX has attracted more net investor money so far.
How do the fees of MCLC and CNDX compare?
MCLC has an expense ratio of 0.40%, while CNDX has an expense ratio of 0.10%.
What are the top holdings of MCLC and CNDX?
MCLC's largest holdings include The Toronto-Dominion Bank, Royal Bank of Canada, and Suncor Energy, Inc.. CNDX's top holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Shopify, Inc..
Which ETF is more diversified: MCLC or CNDX?
MCLC holds 80 securities, while CNDX holds 60. On holdings count, MCLC is the more diversified portfolio.
Recent articles about MCLC and CNDX
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