MULC
Manulife Multifactor U.S. Large Cap Index ETF

Full MULC fund page
VS
DRFU
Desjardins RI USA Multifactor - Net-Zero Emissions Pathway ETF

Full DRFU fund page

Compare Manulife Multifactor U.S. Large Cap Index ETF (MULC) vs Desjardins RI USA Multifactor - Net-Zero Emissions Pathway ETF (DRFU) to find the best fit for your portfolio. MULC and DRFU provide the same top sector exposures: Technology, Finance, and Industrials. When evaluating costs, MULC features a management fee (MER) of 0.37%, compared to 0.5% for DRFU. Performance-wise, MULC has returned 13.46% year-to-date with +$6 M in net flows, whereas DRFU is at 15.18% with +$189 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.

NAV Performance and Flows

-4.0-3.0-2.0-1.00.01.0%Aug 4Aug 11Aug 18Aug 25Sep 1

Key Data

Historical performance and flows

As of September 3, 2026
1M3MYTD1Y3Y
Perf.
MULC
-0.71%+2.29%+13.46%+18.77%+62.65%
DRFU
-2.09%+1.41%+15.18%+21.76%+79.08%
Flows
MULC
+$0 M+$0 M+$6 M+$6 M-$1 M
DRFU
+$190 M+$190 M+$189 M+$184 M+$180 M

MULC vs DRFU exposure

Countries

MULC
USA
96.42%
DRFU
USA
96.25%

Sectors

MULC
Technology
33.52%
Finance
16.84%
Industrials
10.70%
Healthcare
9.37%
Consumer Non-Cyclicals
9.07%
Other
20.50%
DRFU
Technology
39.58%
Finance
16.41%
Industrials
9.92%
Healthcare
9.67%
Consumer Non-Cyclicals
8.34%
Other
16.08%
As of September 3, 2026

Top 10 Holdings

MULC
Apple, Inc.
4.27%
NVIDIA Corp.
4.05%
Microsoft Corp.
3.13%
Amazon.com, Inc.
3.13%
Alphabet, Inc.
2.64%
Broadcom Inc.
1.81%
Meta Platforms, Inc.
1.55%
JPMorgan Chase & Co.
1.22%
Micron Technology, Inc.
1.16%
Eli Lilly & Co.
1.04%
DRFU
Apple, Inc.
6.47%
NVIDIA Corp.
6.07%
Microsoft Corp.
3.83%
Alphabet, Inc.
2.70%
Amazon.com, Inc.
2.63%
JPMorgan Chase & Co.
1.82%
Alphabet, Inc.
1.81%
Broadcom Inc.
1.78%
Cisco Systems, Inc.
1.69%
Lam Research Corp.
1.57%

Diversification

MULC
Total weight of top 10 holdings out of 767 total
24.00%
DRFU
Total weight of top 10 holdings out of 101 total
30.38%

Characteristics

Compare
MULC
DRFU
ProviderManulife InvestmentsDesjardins Investments
ManagementPassively managedActively managed
BenchmarkJohn Hancock Dimensional Large Cap Total Return Index - USD-
Replication MethodDirect (Physical)
Asset ClassEquityEquity
Dividend PolicyDistributingDistributing
Trailing 12m distribution yield0.79%0.86%
Meets ESG criteriaNoYes
Inception DateMarch 23, 2017September 27, 2018

Frequently asked questions about MULC and DRFU

Which ETF has performed better year to date: MULC or DRFU?
As of September 3, 2026, MULC has returned 13.46% year to date, while DRFU has returned 15.18%. DRFU is ahead on YTD performance.
Which ETF is larger by assets under management: MULC or DRFU?
As of September 3, 2026, MULC manages $16.52 M in assets, while DRFU manages $426.54 M. DRFU is the larger fund by AUM.
How are MULC and DRFU managed?
MULC is passively managed by Manulife Investments. It tracks the John Hancock Dimensional Large Cap Total Return Index - USD benchmark. DRFU is actively managed by Desjardins Investments. It does not track an index.
What sectors do MULC and DRFU emphasize?
MULC is most exposed to Technology, Finance, and Industrials. DRFU is most exposed to Technology, Finance, and Industrials.
Which ETF is attracting more investor flows: MULC or DRFU?
Year to date, MULC has seen +$5.83 M in net flows, compared with +$188.98 M for DRFU. DRFU has attracted more net investor money so far.
How do the fees of MULC and DRFU compare?
MULC has an expense ratio of 0.42%, while DRFU has an expense ratio of 0.46%.
What are the top holdings of MULC and DRFU?
MULC's largest holdings include Apple, Inc., NVIDIA Corp., and Alphabet, Inc.. DRFU's top holdings include Apple, Inc., NVIDIA Corp., and Alphabet, Inc..
Which ETF is more diversified: MULC or DRFU?
MULC holds 759 securities, while DRFU holds 99. On holdings count, MULC is the more diversified portfolio.
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