VS
Compare Mackenzie Cyclical Tilt ETF (MCYC) vs Fidelity U.S. Value Currency Neutral Index ETF (FCVH) to find the best fit for your portfolio. MCYC provides Information Technology, Industrials, and Financials exposures, while FCVH is primarily weighted in Information Technology, Consumer Discretionary, and Financials. When evaluating costs, MCYC features a management fee (MER) of 0.55%, compared to 0.38% for FCVH. Performance-wise, MCYC has returned 13.66% year-to-date with +$1 M in net flows, whereas FCVH is at 10.07% with +$45 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
MCYC
FCVH
| AuM | $3.67 M | $300.65 M |
| Management Fees | 0.55% | 0.38% |
| Exp. ratio | 0.55% | 0.41% |
| Tracking Difference | - | -1.06% |
Historical performance and flows
As of June 10, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | MCYC | +2.48% | +16.55% | +13.66% | - | - |
FCVH | -0.17% | +8.70% | +10.07% | +31.95% | +85.18% | |
| Flows | MCYC | +$0 M | +$1 M | +$1 M | - | - |
FCVH | +$2 M | -$8 M | +$45 M | +$69 M | +$202 M |
MCYC vs FCVH exposure
Countries
MCYC
USA
92.06%
Other
7.94%
FCVH
USA
96.03%
Sectors
MCYC
Information Technology
29.52%
Industrials
19.93%
Financials
14.78%
Consumer Discretionary
10.79%
Other
24.98%
FCVH
Information Technology
30.64%
Consumer Discretionary
15.38%
Financials
14.27%
Industrials
13.81%
Materials
9.12%
Utilities
8.40%
Other
8.38%
As of June 10, 2026
Top 10 Holdings
MCYC
NVIDIA
4.40%
APPLE
3.30%
MICROSOFT-T
2.44%
BROADCOM LIMITED
2.13%
ALPHABET INC-CL
1.89%
ADVANCED MICRO DEVICES
1.17%
MICRON TECHNOLOGY
0.82%
MORGAN STANLEY
0.79%
JPMORGAN CHASE
0.79%
JOHNSON&JOHNSON
0.76%
FCVH
NVIDIA
6.36%
CF INDUSTRIES HOLDINGS
5.19%
AMAZON.COM INC
5.09%
APPLE
4.92%
EDISON INTERNATIONAL
4.33%
PG&E
4.07%
MICROSOFT-T
3.96%
NEWMONT CORP
3.94%
BROADCOM LIMITED
2.45%
BERKSHIRE HATHWAY
2.44%
Diversification
MCYC
Total weight of top 10 holdings out of 238 total
18.49%
FCVH
Total weight of top 10 holdings out of 87 total
42.75%
Characteristics
Compare
MCYC
FCVH
| Provider | Mackenzie Investments | Fidelity |
| Management | Actively managed | Passively managed |
| Benchmark | - | Fidelity Canada U.S. Value Currency Neutral GTR Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | - | 0.59% |
| Meets ESG criteria | No | No |
| Inception Date | September 3, 2025 | June 10, 2020 |
Frequently asked questions about MCYC and FCVH
Which ETF has performed better year to date: MCYC or FCVH?
As of June 10, 2026, MCYC has returned 13.66% year to date, while FCVH has returned 10.07%. MCYC is ahead on YTD performance.
Which ETF is larger by assets under management: MCYC or FCVH?
As of June 10, 2026, MCYC manages $3.67 M in assets, while FCVH manages $300.65 M. FCVH is the larger fund by AUM.
How are MCYC and FCVH managed?
MCYC is actively managed by Mackenzie Investments. It does not track an index. FCVH is passively managed by Fidelity. It tracks the Fidelity Canada U.S. Value Currency Neutral GTR Index - CAD benchmark.
What sectors do MCYC and FCVH emphasize?
MCYC is most exposed to Information Technology, Industrials, and Financials. FCVH is most exposed to Information Technology, Consumer Discretionary, and Financials.
Which ETF is attracting more investor flows: MCYC or FCVH?
Year to date, MCYC has seen +$1.09 M in net flows, compared with +$44.54 M for FCVH. FCVH has attracted more net investor money so far.
How do the fees of MCYC and FCVH compare?
MCYC has an expense ratio of 0.55%, while FCVH has an expense ratio of 0.41%.
What are the top holdings of MCYC and FCVH?
MCYC's largest holdings include NVIDIA, APPLE, and MICROSOFT-T. FCVH's top holdings include NVIDIA, CF INDUSTRIES HOLDINGS, and AMAZON.COM INC.
Which ETF is more diversified: MCYC or FCVH?
MCYC holds 235 securities, while FCVH holds 87. On holdings count, MCYC is the more diversified portfolio.
Recent articles about MCYC and FCVH
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