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Compare Scotia Canadian Large Cap Equity Index Tracker ETF (SITC) vs Manulife Multifactor Canadian Large Cap Index ETF (MCLC) to find the best fit for your portfolio. SITC provides Financials, Energy, and Industrials exposures, while MCLC is primarily weighted in Financials, Energy, and Materials. When evaluating costs, SITC features a management fee (MER) of 0.03%, compared to 0.35% for MCLC. Performance-wise, SITC has returned 7.67% year-to-date with -$16 M in net flows, whereas MCLC is at 9.91% with +$129 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
SITC
MCLC
| AuM | $584.73 M | $535.46 M |
| Management Fees | 0.03% | 0.35% |
| Exp. ratio | 0.06% | 0.40% |
| Tracking Difference | -0.22% | -0.77% |
Historical performance and flows
As of April 30, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | SITC | +6.89% | +7.71% | +7.67% | +36.95% | +77.05% |
MCLC | +6.69% | +8.87% | +9.91% | +40.52% | +80.85% | |
| Flows | SITC | -$1 M | -$3 M | -$16 M | +$233 M | +$396 M |
MCLC | -$14 M | -$4 M | +$129 M | +$89 M | +$17 M |
SITC vs MCLC exposure
Countries
SITC
Canada
99.10%
MCLC
Canada
96.46%
Sectors
SITC
Financials
31.21%
Energy
19.48%
Industrials
13.94%
Materials
9.14%
Information Technology
7.82%
Other
18.41%
MCLC
Financials
29.66%
Energy
20.55%
Materials
18.12%
Other
7.98%
Industrials
7.40%
Other
16.28%
As of April 30, 2026
Top 10 Holdings
SITC
ROYAL BK CANADA
7.02%
TORONTO DOMINION
6.47%
CDN NATURAL RESOURCE
4.34%
CANADIAN PACIFIC RAILWAY
4.19%
ENBRIDGE
4.11%
CDN NATL RAILWAY
3.93%
SHOPIFY SUBORDINATE VOTING
3.46%
BANK OF MONTREAL
3.42%
BNS
3.08%
CA11271J1075
2.73%
MCLC
ROYAL BK CANADA
4.54%
TORONTO DOMINION
4.45%
SUNCOR ENERGY
4.33%
CENOVUS ENERGY
3.57%
AGNICO EAGLE MINES LTD
3.33%
CA11271J1075
3.22%
CDN NATURAL RESOURCE
3.08%
SUN LIFE FINL
2.91%
BANK OF MONTREAL
2.76%
CDN IMPERIAL BK
2.69%
Diversification
SITC
Total weight of top 10 holdings out of 56 total
42.75%
MCLC
Total weight of top 10 holdings out of 76 total
34.89%
Characteristics
Compare
SITC
MCLC
| Provider | Scotia Bank | Manulife Investments |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive Canada Large Cap Index NTR - CAD | John Hancock Dimensional Canadian Large Cap Equity Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.80% | 1.83% |
| Meets ESG criteria | No | No |
| Inception Date | March 11, 2020 | April 17, 2017 |
Frequently asked questions about SITC and MCLC
Which ETF has performed better year to date: SITC or MCLC?
As of April 30, 2026, SITC has returned 7.67% year to date, while MCLC has returned 9.91%. MCLC is ahead on YTD performance.
Which ETF is larger by assets under management: SITC or MCLC?
As of April 30, 2026, SITC manages $584.73 M in assets, while MCLC manages $535.46 M. SITC is the larger fund by AUM.
How are SITC and MCLC managed?
SITC is passively managed by Scotia Bank. It tracks the Solactive Canada Large Cap Index NTR - CAD benchmark. 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 SITC and MCLC emphasize?
SITC is most exposed to Financials, Energy, and Industrials. MCLC is most exposed to Financials, Energy, and Materials.
Which ETF is attracting more investor flows: SITC or MCLC?
Year to date, SITC has seen -$16.21 M in net flows, compared with +$128.53 M for MCLC. MCLC has attracted more net investor money so far.
How do the fees of SITC and MCLC compare?
SITC has an expense ratio of 0.06%, while MCLC has an expense ratio of 0.40%.
What are the top holdings of SITC and MCLC?
SITC's largest holdings include ROYAL BK CANADA and TORONTO DOMINION. MCLC's top holdings include ROYAL BK CANADA and TORONTO DOMINION.
Which ETF is more diversified: SITC or MCLC?
SITC holds 55 securities, while MCLC holds 75. On holdings count, MCLC is the more diversified portfolio.
Recent articles about SITC and MCLC
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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.