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Compare RBC Canadian Equity ETF (RCAN) vs Manulife Multifactor Canadian Large Cap Index ETF (MCLC) to find the best fit for your portfolio. RCAN and MCLC provide the same top sector exposures: Finance, Energy, and Non-Energy Materials. When evaluating costs, RCAN features a management fee (MER) of 0.39%, compared to 0.35% for MCLC. 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
RCAN
MCLC
| AuM | $12.03 M | $546.87 M |
| Management Fees | 0.39% | 0.35% |
| Exp. ratio | 0.39% | 0.40% |
| Tracking Difference | - | -0.66% |
Historical performance and flows
As of September 17, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | RCAN | -2.18% | +2.19% | - | - | - |
MCLC | -0.93% | +3.58% | +17.66% | +28.00% | +91.07% | |
| Flows | RCAN | +$1 M | -$1 M | - | - | - |
MCLC | -$15 M | -$18 M | +$107 M | +$92 M | -$6 M |
RCAN vs MCLC exposure
Countries
RCAN
Canada
97.37%
MCLC
Canada
97.80%
Sectors
RCAN
Finance
43.16%
Energy
17.75%
Non-Energy Materials
9.87%
Industrials
9.71%
Other
19.51%
MCLC
Finance
39.16%
Energy
20.70%
Non-Energy Materials
14.92%
Other
25.22%
As of September 17, 2026
Top 10 Holdings
RCAN
Royal Bank of Canada
7.92%
The Toronto-Dominion Bank
5.93%
Brookfield Corp.
4.10%
Canadian Natural Resources Ltd.
4.00%
Bank of Montreal
3.81%
Canadian Imperial Bank of Commerce
3.36%
Enbridge, Inc.
3.31%
Manulife Financial Corp.
3.24%
Shopify, Inc.
3.21%
Suncor Energy, Inc.
3.11%
MCLC
Royal Bank of Canada
4.46%
The Toronto-Dominion Bank
4.34%
Suncor Energy, Inc.
4.18%
Cenovus Energy, Inc.
3.85%
Sun Life Financial, Inc.
3.67%
Bank of Montreal
3.48%
The Bank of Nova Scotia
3.22%
Brookfield Corp.
3.20%
Canadian Imperial Bank of Commerce
3.20%
Canadian Natural Resources Ltd.
2.86%
Diversification
RCAN
Total weight of top 10 holdings out of 54 total
42.00%
MCLC
Total weight of top 10 holdings out of 80 total
36.45%
Characteristics
Compare
RCAN
MCLC
| Provider | RBC Global Asset Management | Manulife Investments |
| Management | Actively managed | Passively managed |
| Benchmark | - | John Hancock Dimensional Canadian Large Cap Equity Total Return Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | - | 1.63% |
| Meets ESG criteria | No | No |
| Inception Date | March 25, 2026 | April 17, 2017 |
Frequently asked questions about RCAN and MCLC
Which ETF is larger by assets under management: RCAN or MCLC?
As of September 17, 2026, RCAN manages $12.03 M in assets, while MCLC manages $546.87 M. MCLC is the larger fund by AUM.
How are RCAN and MCLC managed?
RCAN is actively managed by RBC Global Asset Management. It does not track an index. MCLC is passively managed by Manulife Investments. It tracks the John Hancock Dimensional Canadian Large Cap Equity Total Return Index - CAD benchmark.
What sectors do RCAN and MCLC emphasize?
RCAN is most exposed to Finance, Energy, and Non-Energy Materials. MCLC is most exposed to Finance, Energy, and Non-Energy Materials.
How do the fees of RCAN and MCLC compare?
RCAN has an expense ratio of 0.39%, while MCLC has an expense ratio of 0.40%.
What are the top holdings of RCAN and MCLC?
RCAN's largest holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Brookfield Corp.. MCLC's top holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Suncor Energy, Inc..
Which ETF is more diversified: RCAN or MCLC?
RCAN holds 54 securities, while MCLC holds 80. On holdings count, MCLC is the more diversified portfolio.
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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.