VS
When evaluating costs, MCSB features a management fee (MER) of 0.35%, compared to 0.25% for FCCB. Performance-wise, MCSB has returned 0.48% year-to-date with +$1 M in net flows, whereas FCCB is at 0.44% with +$2 B. 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
MCSB
FCCB
| AuM | $37.41 M | $4,751.72 M |
| Management Fees | 0.35% | 0.25% |
| Exp. ratio | 0.40% | 0.29% |
| Tracking Difference | - | -0.29% |
Historical performance and flows
As of October 1, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | MCSB | -0.54% | -0.93% | +0.48% | +0.80% | +15.74% |
FCCB | -0.66% | -2.32% | -0.44% | -0.64% | +14.29% | |
| Flows | MCSB | -$5 M | +$1 M | +$1 M | +$1 M | +$19 M |
FCCB | +$179 M | +$527 M | +$1,873 M | +$2,524 M | +$4,608 M |
MCSB vs FCCB exposure
Countries
MCSB
Exposure data will be available soon
FCCB
Exposure data will be available soon
Sectors
MCSB
Exposure data will be available soon
FCCB
Exposure data will be available soon
As of October 1, 2026
Top 10 Holdings
MCSB
Exposure data will be available soon
FCCB
Exposure data will be available soon
Diversification
MCSB
Exposure data will be available soon
FCCB
Exposure data will be available soon
Characteristics
Compare
MCSB
FCCB
| Provider | Mackenzie Investments | Fidelity |
| Management | Actively managed | Passively managed |
| Benchmark | - | Fidelity Canada Systematic Canadian Bond GTR Index - CAD |
| Replication Method | - | Direct (Physical) |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.59% | 3.80% |
| Meets ESG criteria | No | No |
| Inception Date | November 22, 2017 | September 25, 2019 |
Frequently asked questions about MCSB and FCCB
Which ETF has performed better year to date: MCSB or FCCB?
As of October 1, 2026, MCSB has returned 0.48% year to date, while FCCB has returned -0.44%. MCSB is ahead on YTD performance.
Which ETF is larger by assets under management: MCSB or FCCB?
As of October 1, 2026, MCSB manages $37.41 M in assets, while FCCB manages $4.75 B. FCCB is the larger fund by AUM.
How are MCSB and FCCB managed?
MCSB is actively managed by Mackenzie Investments. It does not track an index. FCCB is passively managed by Fidelity. It tracks the Fidelity Canada Systematic Canadian Bond GTR Index - CAD benchmark.
Which ETF is attracting more investor flows: MCSB or FCCB?
Year to date, MCSB has seen +$1.05 M in net flows, compared with +$1,873.25 M for FCCB. FCCB has attracted more net investor money so far.
How do the fees of MCSB and FCCB compare?
MCSB has an expense ratio of 0.40%, while FCCB has an expense ratio of 0.29%.
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