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Compare Manulife Multifactor Canadian Large Cap Index ETF (MCLC) vs BMO MSCI Canada Selection Equity Index ETF (ESGA) to find the best fit for your portfolio. MCLC provides Finance, Energy, and Non-Energy Materials exposures, while ESGA is primarily weighted in Finance, Non-Energy Materials, and Energy. When evaluating costs, MCLC features a management fee (MER) of 0.35%, compared to 0.15% for ESGA. Performance-wise, MCLC has returned 14.81% year-to-date with +$104 M in net flows, whereas ESGA is at 10.26% with -$63 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
ESGA
| AuM | $530.59 M | $138.72 M |
| Management Fees | 0.35% | 0.15% |
| Exp. ratio | 0.40% | 0.16% |
| Tracking Difference | -0.49% | -0.21% |
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% |
ESGA | -0.55% | +2.03% | +10.26% | +15.07% | +100.92% | |
| Flows | MCLC | -$0 M | -$22 M | +$104 M | +$101 M | -$9 M |
ESGA | +$0 M | -$35 M | -$63 M | -$63 M | -$25 M |
MCLC vs ESGA exposure
Countries
MCLC
Canada
98.06%
ESGA
Canada
98.80%
Sectors
MCLC
Finance
37.55%
Energy
20.48%
Non-Energy Materials
18.22%
Other
23.74%
ESGA
Finance
51.96%
Non-Energy Materials
15.61%
Energy
12.40%
Other
20.03%
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%
ESGA
The Toronto-Dominion Bank
11.76%
Shopify, Inc.
10.97%
Bank of Montreal
6.94%
The Bank of Nova Scotia
6.66%
Enbridge, Inc.
6.41%
Canadian Imperial Bank of Commerce
6.15%
Agnico Eagle Mines Ltd.
6.15%
Wheaton Precious Metals Corp.
4.08%
Canadian National Railway Co.
3.81%
National Bank of Canada
3.49%
Diversification
MCLC
Total weight of top 10 holdings out of 80 total
35.26%
ESGA
Total weight of top 10 holdings out of 41 total
66.42%
Characteristics
Compare
MCLC
ESGA
| Provider | Manulife Investments | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | John Hancock Dimensional Canadian Large Cap Equity Total Return Index - CAD | MSCI Canada Selection Index GTR - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.67% | 1.90% |
| Meets ESG criteria | No | Yes |
| Inception Date | April 17, 2017 | January 21, 2020 |
Frequently asked questions about MCLC and ESGA
Which ETF has performed better year to date: MCLC or ESGA?
As of October 1, 2026, MCLC has returned 14.81% year to date, while ESGA has returned 10.26%. MCLC is ahead on YTD performance.
Which ETF is larger by assets under management: MCLC or ESGA?
As of October 1, 2026, MCLC manages $530.59 M in assets, while ESGA manages $138.72 M. MCLC is the larger fund by AUM.
How are MCLC and ESGA managed?
MCLC is passively managed by Manulife Investments. It tracks the John Hancock Dimensional Canadian Large Cap Equity Total Return Index - CAD benchmark. ESGA is passively managed by BMO. It tracks the MSCI Canada Selection Index GTR - CAD benchmark.
What sectors do MCLC and ESGA emphasize?
MCLC is most exposed to Finance, Energy, and Non-Energy Materials. ESGA is most exposed to Finance, Non-Energy Materials, and Energy.
Which ETF is attracting more investor flows: MCLC or ESGA?
Year to date, MCLC has seen +$103.94 M in net flows, compared with -$63.31 M for ESGA. MCLC has attracted more net investor money so far.
How do the fees of MCLC and ESGA compare?
MCLC has an expense ratio of 0.40%, while ESGA has an expense ratio of 0.16%.
What are the top holdings of MCLC and ESGA?
MCLC's largest holdings include The Toronto-Dominion Bank, Royal Bank of Canada, and Suncor Energy, Inc.. ESGA's top holdings include The Toronto-Dominion Bank, Shopify, Inc., and Bank of Montreal.
Which ETF is more diversified: MCLC or ESGA?
MCLC holds 80 securities, while ESGA holds 41. On holdings count, MCLC is the more diversified portfolio.
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