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Manulife Multifactor U.S. Small Cap Index ETF (MUSC) and Global X Russell 2000 Index ETF (RSSX) offer distinct profiles for Canadian ETF investors. A direct comparison shows that MUSC focuses its top 3 sector exposures on Finance, Industrials, and Technology, while RSSX leans towards Finance, Healthcare, and Technology. When evaluating costs, MUSC features a management fee (MER) of 0.5%, compared to 0.25% for RSSX. Performance-wise, MUSC has returned 13.84% year-to-date with +$0 M in net flows, whereas RSSX is at 19.12% with +$7 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
MUSC
RSSX
| AuM | $4.03 M | $47.23 M |
| Management Fees | 0.50% | 0.25% |
| Exp. ratio | 0.55% | 0.28% |
| Tracking Difference | 0.05% | -0.62% |
Historical performance and flows
As of July 20, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | MUSC | +0.38% | +2.91% | +13.84% | +19.98% | +36.05% |
RSSX | -1.93% | +5.71% | +19.12% | +33.08% | - | |
| Flows | MUSC | +$0 M | +$0 M | +$0 M | +$2 M | +$2 M |
RSSX | +$17 M | +$17 M | +$7 M | +$17 M | - |
MUSC vs RSSX exposure
Countries
MUSC
USA
96.11%
RSSX
USA
93.42%
Sectors
MUSC
Finance
26.17%
Industrials
13.86%
Technology
11.45%
Non-Energy Materials
8.81%
Consumer Cyclicals
8.62%
Healthcare
8.36%
Other
22.72%
RSSX
Finance
25.55%
Healthcare
19.54%
Technology
12.14%
Industrials
11.16%
Other
31.61%
As of July 20, 2026
Top 10 Holdings
MUSC
Element Solutions, Inc.
0.61%
Arrow Electronics, Inc.
0.59%
Littelfuse, Inc.
0.57%
Sanmina Corp.
0.54%
Ryder System, Inc.
0.53%
Krystal Biotech, Inc.
0.53%
The Timken Co.
0.51%
Semtech Corp.
0.50%
AAON, Inc.
0.48%
Affiliated Managers Group, Inc.
0.47%
RSSX
Moog, Inc.
0.38%
Cytokinetics, Inc.
0.36%
BrightSpring Health Services, Inc.
0.35%
Argan, Inc.
0.34%
UMB Financial Corp.
0.33%
Riot Platforms, Inc.
0.31%
Krystal Biotech, Inc.
0.31%
JFrog Ltd.
0.31%
ViaSat, Inc.
0.30%
MaxLinear, Inc.
0.29%
Diversification
MUSC
Total weight of top 10 holdings out of 486 total
5.32%
RSSX
Total weight of top 10 holdings out of 1,907 total
3.28%
Characteristics
Compare
MUSC
RSSX
| Provider | Manulife Investments | Global X |
| Management | Passively managed | Passively managed |
| Benchmark | John Hancock Dimensional Small Cap Index Total Return Hedged to CAD - CAD | Russell 2000 RIC Capped Index - USD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.20% | 1.64% |
| Meets ESG criteria | No | No |
| Inception Date | November 27, 2017 | November 7, 2024 |
Frequently asked questions about MUSC and RSSX
Which ETF has performed better year to date: MUSC or RSSX?
As of July 20, 2026, MUSC has returned 13.84% year to date, while RSSX has returned 19.12%. RSSX is ahead on YTD performance.
Which ETF is larger by assets under management: MUSC or RSSX?
As of July 20, 2026, MUSC manages $4.03 M in assets, while RSSX manages $47.23 M. RSSX is the larger fund by AUM.
How are MUSC and RSSX managed?
MUSC is passively managed by Manulife Investments. It tracks the John Hancock Dimensional Small Cap Index Total Return Hedged to CAD - CAD benchmark. RSSX is passively managed by Global X. It tracks the Russell 2000 RIC Capped Index - USD benchmark.
What sectors do MUSC and RSSX emphasize?
MUSC is most exposed to Finance, Industrials, and Technology. RSSX is most exposed to Finance, Healthcare, and Technology.
Which ETF is attracting more investor flows: MUSC or RSSX?
Year to date, MUSC has seen +$0.04 M in net flows, compared with +$7.32 M for RSSX. RSSX has attracted more net investor money so far.
How do the fees of MUSC and RSSX compare?
MUSC has an expense ratio of 0.55%, while RSSX has an expense ratio of 0.28%.
What are the top holdings of MUSC and RSSX?
MUSC's largest holdings include Element Solutions, Inc., Arrow Electronics, Inc., and Littelfuse, Inc.. RSSX's top holdings include Moog, Inc., Cytokinetics, Inc., and BrightSpring Health Services, Inc..
Which ETF is more diversified: MUSC or RSSX?
MUSC holds 482 securities, while RSSX holds 1890. On holdings count, RSSX is the more diversified portfolio.
Recent articles about MUSC and RSSX
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