VS
Compare Mackenzie Cyclical Tilt ETF (MCYC) vs Manulife Multifactor U.S. Large Cap Index ETF (MULC.B) to find the best fit for your portfolio. MCYC provides Information Technology, Industrials, and Financials exposures, while MULC.B is primarily weighted in Information Technology, Financials, and Industrials. When evaluating costs, MCYC features a management fee (MER) of 0.55%, compared to 0.32% for MULC.B. Performance-wise, MCYC has returned 13.66% year-to-date with +$1 M in net flows, whereas MULC.B is at 12.04% with +$95 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
MULC.B
| AuM | $3.67 M | $193.62 M |
| Management Fees | 0.55% | 0.32% |
| Exp. ratio | 0.55% | 0.36% |
| Tracking Difference | - | - |
Historical performance and flows
As of June 10, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | MCYC | +2.48% | +16.55% | +13.66% | - | - |
MULC.B | +3.31% | +12.40% | +12.04% | +25.75% | +73.74% | |
| Flows | MCYC | +$0 M | +$1 M | +$1 M | - | - |
MULC.B | -$7 M | -$4 M | +$95 M | +$88 M | +$93 M |
MCYC vs MULC.B exposure
Countries
MCYC
USA
92.06%
Other
7.94%
MULC.B
USA
92.82%
Other
7.18%
Sectors
MCYC
Information Technology
29.52%
Industrials
19.93%
Financials
14.78%
Consumer Discretionary
10.79%
Other
24.98%
MULC.B
Information Technology
25.13%
Financials
12.50%
Industrials
11.80%
Consumer Discretionary
9.85%
Health Care
9.42%
Communication Services
7.71%
Other
23.59%
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%
MULC.B
NVIDIA
4.00%
APPLE
3.99%
MICROSOFT-T
2.85%
AMAZON.COM INC
2.73%
ALPHABET INC-CL
2.44%
META PLATFORMS
1.81%
BROADCOM LIMITED
1.63%
JPMORGAN CHASE
1.16%
BERKSHIRE HATHWAY
0.98%
LILLY
0.95%
Diversification
MCYC
Total weight of top 10 holdings out of 238 total
18.49%
MULC.B
Total weight of top 10 holdings out of 701 total
22.54%
Characteristics
Compare
MCYC
MULC.B
| Provider | Mackenzie Investments | Manulife Investments |
| Management | Actively managed | Passively managed |
| Benchmark | - | John Hancock Dimensional Large Cap Total Return Index - USD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | - | 0.41% |
| Meets ESG criteria | No | No |
| Inception Date | September 3, 2025 | March 23, 2017 |
Frequently asked questions about MCYC and MULC.B
Which ETF has performed better year to date: MCYC or MULC.B?
As of June 10, 2026, MCYC has returned 13.66% year to date, while MULC.B has returned 12.04%. MCYC is ahead on YTD performance.
Which ETF is larger by assets under management: MCYC or MULC.B?
As of June 10, 2026, MCYC manages $3.67 M in assets, while MULC.B manages $193.62 M. MULC.B is the larger fund by AUM.
How are MCYC and MULC.B managed?
MCYC is actively managed by Mackenzie Investments. It does not track an index. MULC.B is passively managed by Manulife Investments. It tracks the John Hancock Dimensional Large Cap Total Return Index - USD benchmark.
What sectors do MCYC and MULC.B emphasize?
MCYC is most exposed to Information Technology, Industrials, and Financials. MULC.B is most exposed to Information Technology, Financials, and Industrials.
Which ETF is attracting more investor flows: MCYC or MULC.B?
Year to date, MCYC has seen +$1.09 M in net flows, compared with +$94.61 M for MULC.B. MULC.B has attracted more net investor money so far.
How do the fees of MCYC and MULC.B compare?
MCYC has an expense ratio of 0.55%, while MULC.B has an expense ratio of 0.36%.
What are the top holdings of MCYC and MULC.B?
MCYC's largest holdings include NVIDIA, APPLE, and MICROSOFT-T. MULC.B's top holdings include NVIDIA, APPLE, and ALPHABET INC-CL.
Which ETF is more diversified: MCYC or MULC.B?
MCYC holds 235 securities, while MULC.B holds 679. On holdings count, MULC.B is the more diversified portfolio.
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.