VS
When evaluating costs, MKB features a management fee (MER) of 0.4%, compared to 0.25% for FCCB. Performance-wise, MKB has returned 0.61% year-to-date with +$204 M in net flows, whereas FCCB is at 1.42% 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
MKB
FCCB
| AuM | $1,071.92 M | $4,994.82 M |
| Management Fees | 0.40% | 0.25% |
| Exp. ratio | 0.45% | 0.29% |
| Tracking Difference | - | -0.30% |
Historical performance and flows
As of November 10, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | MKB | +0.81% | +0.48% | +0.61% | -0.23% | +14.50% |
FCCB | +1.19% | +0.93% | +1.42% | +0.57% | +14.10% | |
| Flows | MKB | +$137 M | +$165 M | +$204 M | +$187 M | +$533 M |
FCCB | +$124 M | +$468 M | +$2,042 M | +$2,410 M | +$4,758 M |
MKB vs FCCB exposure
Countries
MKB
Exposure data will be available soon
FCCB
Exposure data will be available soon
Sectors
MKB
Exposure data will be available soon
FCCB
Exposure data will be available soon
As of November 10, 2026
Top 10 Holdings
MKB
Exposure data will be available soon
FCCB
Exposure data will be available soon
Diversification
MKB
Exposure data will be available soon
FCCB
Exposure data will be available soon
Characteristics
Compare
MKB
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 | 3.28% | 3.73% |
| Meets ESG criteria | No | No |
| Inception Date | April 19, 2016 | September 25, 2019 |
Frequently asked questions about MKB and FCCB
Which ETF has performed better year to date: MKB or FCCB?
As of November 10, 2026, MKB has returned 0.61% year to date, while FCCB has returned 1.42%. FCCB is ahead on YTD performance.
Which ETF is larger by assets under management: MKB or FCCB?
As of November 10, 2026, MKB manages $1.07 B in assets, while FCCB manages $4.99 B. FCCB is the larger fund by AUM.
How are MKB and FCCB managed?
MKB 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: MKB or FCCB?
Year to date, MKB has seen +$203.67 M in net flows, compared with +$2,041.74 M for FCCB. FCCB has attracted more net investor money so far.
How do the fees of MKB and FCCB compare?
MKB has an expense ratio of 0.45%, while FCCB has an expense ratio of 0.29%.
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.