VS
Compare Manulife Multifactor Canadian Large Cap Index ETF (MCLC) vs BMO S&P/TSX 60 Index ETF (ZIU) to find the best fit for your portfolio. MCLC and ZIU 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 0.15% for ZIU. Performance-wise, MCLC has returned 14.81% year-to-date with +$104 M in net flows, whereas ZIU is at 14.18% with +$156 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
ZIU
| AuM | $530.59 M | $294.15 M |
| Management Fees | 0.35% | 0.15% |
| Exp. ratio | 0.40% | 0.14% |
| Tracking Difference | -0.49% | -0.19% |
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% |
ZIU | -1.30% | +2.16% | +14.18% | +20.22% | +96.65% | |
| Flows | MCLC | -$0 M | -$22 M | +$104 M | +$101 M | -$9 M |
ZIU | +$4 M | +$24 M | +$156 M | +$157 M | +$228 M |
MCLC vs ZIU exposure
Countries
MCLC
Canada
98.06%
ZIU
Canada
97.86%
Sectors
MCLC
Finance
37.55%
Energy
20.48%
Non-Energy Materials
18.22%
Other
23.74%
ZIU
Finance
46.79%
Energy
16.78%
Non-Energy Materials
14.29%
Other
22.14%
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%
ZIU
Royal Bank of Canada
9.52%
The Toronto-Dominion Bank
6.75%
Shopify, Inc.
6.20%
Bank of Montreal
4.01%
The Bank of Nova Scotia
3.78%
Enbridge, Inc.
3.65%
Canadian Imperial Bank of Commerce
3.51%
Agnico Eagle Mines Ltd.
3.49%
Canadian Natural Resources Ltd.
3.41%
Brookfield Corp.
2.94%
Diversification
MCLC
Total weight of top 10 holdings out of 80 total
35.26%
ZIU
Total weight of top 10 holdings out of 60 total
47.27%
Characteristics
Compare
MCLC
ZIU
| Provider | Manulife Investments | BMO |
| 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% | 2.06% |
| Meets ESG criteria | No | No |
| Inception Date | April 17, 2017 | October 2, 2023 |
Frequently asked questions about MCLC and ZIU
Which ETF has performed better year to date: MCLC or ZIU?
As of October 1, 2026, MCLC has returned 14.81% year to date, while ZIU has returned 14.18%. MCLC is ahead on YTD performance.
Which ETF is larger by assets under management: MCLC or ZIU?
As of October 1, 2026, MCLC manages $530.59 M in assets, while ZIU manages $294.15 M. MCLC is the larger fund by AUM.
How are MCLC and ZIU managed?
MCLC is passively managed by Manulife Investments. It tracks the John Hancock Dimensional Canadian Large Cap Equity Total Return Index - CAD benchmark. ZIU is passively managed by BMO. It tracks the S&P/TSX 60 Total Return Index - CAD benchmark.
What sectors do MCLC and ZIU emphasize?
MCLC is most exposed to Finance, Energy, and Non-Energy Materials. ZIU is most exposed to Finance, Energy, and Non-Energy Materials.
Which ETF is attracting more investor flows: MCLC or ZIU?
Year to date, MCLC has seen +$103.94 M in net flows, compared with +$156.40 M for ZIU. ZIU has attracted more net investor money so far.
How do the fees of MCLC and ZIU compare?
MCLC has an expense ratio of 0.40%, while ZIU has an expense ratio of 0.14%.
What are the top holdings of MCLC and ZIU?
MCLC's largest holdings include The Toronto-Dominion Bank, Royal Bank of Canada, and Suncor Energy, Inc.. ZIU's top holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Shopify, Inc..
Which ETF is more diversified: MCLC or ZIU?
MCLC holds 80 securities, while ZIU holds 60. On holdings count, MCLC is the more diversified portfolio.
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All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.

