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Compare Mackenzie Cyclical Tilt ETF (MCYC) vs BMO MSCI USA Equal Weight Index ETF (ZEQL) to find the best fit for your portfolio. MCYC and ZEQL provide the same top sector exposures: Information Technology, Industrials, and Financials. When evaluating costs, MCYC features a management fee (MER) of 0.55%, compared to 0.05% for ZEQL. 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
ZEQL
| AuM | $3.67 M | $39.26 M |
| Management Fees | 0.55% | 0.05% |
| Exp. ratio | 0.55% | 0.05% |
| Tracking Difference | - | 0.13% |
Historical performance and flows
As of June 10, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | MCYC | +2.48% | +16.55% | +13.66% | - | - |
ZEQL | +4.88% | +11.08% | - | - | - | |
| Flows | MCYC | +$0 M | +$1 M | +$1 M | - | - |
ZEQL | +$24 M | +$29 M | - | - | - |
MCYC vs ZEQL exposure
Countries
MCYC
USA
92.06%
Other
7.94%
ZEQL
USA
93.36%
Sectors
MCYC
Information Technology
29.52%
Industrials
19.93%
Financials
14.78%
Consumer Discretionary
10.79%
Other
24.98%
ZEQL
Information Technology
19.91%
Industrials
14.18%
Financials
12.87%
Health Care
9.44%
Consumer Discretionary
9.06%
Other
34.54%
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%
ZEQL
INTEL-T
0.39%
BLOOM ENERGY CORP
0.38%
MARVELL TECHNOLOGY
0.37%
DELL TECHNOLOGIES INC
0.33%
ADVANCED MICRO DEVICES
0.31%
US04626A1034
0.30%
CIENA
0.30%
SEAGATE TECHNOLOGY HOLDINGS PLC
0.30%
WESTERN DIGITAL
0.27%
CREDO TECHNOLOGY GROUP HOLDING
0.27%
Diversification
MCYC
Total weight of top 10 holdings out of 238 total
18.49%
ZEQL
Total weight of top 10 holdings out of 537 total
3.21%
Characteristics
Compare
MCYC
ZEQL
| Provider | Mackenzie Investments | BMO |
| Management | Actively managed | Passively managed |
| Benchmark | - | MSCI USA Equal Weighted NET CAD Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | - | - |
| Meets ESG criteria | No | No |
| Inception Date | September 3, 2025 | February 3, 2026 |
Frequently asked questions about MCYC and ZEQL
Which ETF is larger by assets under management: MCYC or ZEQL?
As of June 10, 2026, MCYC manages $3.67 M in assets, while ZEQL manages $39.26 M. ZEQL is the larger fund by AUM.
How are MCYC and ZEQL managed?
MCYC is actively managed by Mackenzie Investments. It does not track an index. ZEQL is passively managed by BMO. It tracks the MSCI USA Equal Weighted NET CAD Index - CAD benchmark.
What sectors do MCYC and ZEQL emphasize?
MCYC is most exposed to Information Technology, Industrials, and Financials. ZEQL is most exposed to Information Technology, Industrials, and Financials.
How do the fees of MCYC and ZEQL compare?
MCYC has an expense ratio of 0.55%, while ZEQL has an expense ratio of 0.05%.
What are the top holdings of MCYC and ZEQL?
MCYC's largest holdings include NVIDIA, APPLE, and MICROSOFT-T. ZEQL's top holdings include INTEL-T and BLOOM ENERGY CORP.
Which ETF is more diversified: MCYC or ZEQL?
MCYC holds 235 securities, while ZEQL holds 502. On holdings count, ZEQL is the more diversified portfolio.
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