VS
When evaluating costs, MCON features a management fee (MER) of 0.17%, compared to 0.22% for VCIP. Performance-wise, MCON has returned 4.89% year-to-date with +$15 M in net flows, whereas VCIP is at 2.84% with -$6 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
MCON
VCIP
| AuM | $43.04 M | $256.94 M |
| Management Fees | 0.17% | 0.22% |
| Exp. ratio | 0.19% | 0.25% |
| Tracking Difference | - | - |
Historical performance and flows
As of November 5, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | MCON | -0.83% | -1.76% | +4.89% | +4.81% | +37.16% |
VCIP | +0.65% | -0.51% | +2.84% | +2.39% | +25.17% | |
| Flows | MCON | +$0 M | +$4 M | +$15 M | +$20 M | +$11 M |
VCIP | -$2 M | +$3 M | -$6 M | -$3 M | +$27 M |
MCON vs VCIP exposure
Countries
MCON
Exposure data will be available soon
VCIP
Canada
51.13%
USA
23.25%
Other
25.62%
Sectors
MCON
Exposure data will be available soon
VCIP
Sovereign
33.42%
Finance
16.17%
Municipal
14.61%
Other
35.80%
As of November 5, 2026
Top 10 Holdings
MCON
Exposure data will be available soon
VCIP
Canada, Bonds 2.75% 1mar2031, CAD
0.85%
Canada, Bonds 3% 1sep2031, CAD
0.81%
Canada, Bonds 3.25% 1dec2035, CAD
0.70%
NVIDIA Corp.
0.69%
Canada, Bonds 2.75% 1sep2030, CAD
0.69%
Canada, Bonds 3.25% 1jun2036, CAD
0.67%
Canada, Bonds 3.25% 1jun2035, CAD
0.65%
Apple, Inc.
0.64%
Canada, Bonds 2.75% 1mar2030, CAD
0.58%
Canada, Bonds 2.5% 1may2028, CAD
0.53%
Diversification
MCON
Exposure data will be available soon
VCIP
Total weight of top 10 holdings out of 33,801 total
6.82%
Characteristics
Compare
MCON
VCIP
| Provider | Mackenzie Investments | Vanguard |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | - | - |
| Asset Class | Equity, Fixed Income | Equity, Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.31% | 3.02% |
| Meets ESG criteria | No | No |
| Inception Date | September 29, 2020 | February 5, 2019 |
Frequently asked questions about MCON and VCIP
Which ETF has performed better year to date: MCON or VCIP?
As of November 5, 2026, MCON has returned 4.89% year to date, while VCIP has returned 2.84%. MCON is ahead on YTD performance.
Which ETF is larger by assets under management: MCON or VCIP?
As of November 5, 2026, MCON manages $43.04 M in assets, while VCIP manages $256.94 M. VCIP is the larger fund by AUM.
How are MCON and VCIP managed?
MCON is actively managed by Mackenzie Investments. It does not track an index. VCIP is actively managed by Vanguard. It does not track an index.
Which ETF is attracting more investor flows: MCON or VCIP?
Year to date, MCON has seen +$14.72 M in net flows, compared with -$6.12 M for VCIP. MCON has attracted more net investor money so far.
How do the fees of MCON and VCIP compare?
MCON has an expense ratio of 0.19%, while VCIP has an expense ratio of 0.25%.
Recent articles about MCON and VCIP
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
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.
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.