VS
When evaluating costs, MGB features a management fee (MER) of 0.5%, compared to 0.25% for FCCB. Performance-wise, MGB has returned 1.87% year-to-date with -$30 M in net flows, whereas FCCB is at 0.51% 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
MGB
FCCB
| AuM | $99.63 M | $4,856.71 M |
| Management Fees | 0.50% | 0.25% |
| Exp. ratio | 0.55% | 0.29% |
| Tracking Difference | - | -0.29% |
Historical performance and flows
As of October 15, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | MGB | -0.07% | -1.76% | -1.87% | -2.15% | +11.03% |
FCCB | +0.98% | -0.92% | +0.51% | -0.35% | +15.14% | |
| Flows | MGB | -$9 M | -$7 M | -$30 M | -$3 M | -$5 M |
FCCB | +$179 M | +$505 M | +$1,932 M | +$2,504 M | +$4,660 M |
MGB vs FCCB exposure
Countries
MGB
Exposure data will be available soon
FCCB
Exposure data will be available soon
Sectors
MGB
Exposure data will be available soon
FCCB
Exposure data will be available soon
As of October 15, 2026
Top 10 Holdings
MGB
Exposure data will be available soon
FCCB
Exposure data will be available soon
Diversification
MGB
Exposure data will be available soon
FCCB
Exposure data will be available soon
Characteristics
Compare
MGB
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 | 3.27% | 3.77% |
| Meets ESG criteria | No | No |
| Inception Date | April 19, 2016 | September 25, 2019 |
Frequently asked questions about MGB and FCCB
Which ETF has performed better year to date: MGB or FCCB?
As of October 15, 2026, MGB has returned -1.87% year to date, while FCCB has returned 0.51%. FCCB is ahead on YTD performance.
Which ETF is larger by assets under management: MGB or FCCB?
As of October 15, 2026, MGB manages $99.63 M in assets, while FCCB manages $4.86 B. FCCB is the larger fund by AUM.
How are MGB and FCCB managed?
MGB 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: MGB or FCCB?
Year to date, MGB has seen -$30.35 M in net flows, compared with +$1,932.25 M for FCCB. FCCB has attracted more net investor money so far.
How do the fees of MGB and FCCB compare?
MGB has an expense ratio of 0.55%, while FCCB has an expense ratio of 0.29%.
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