VS
Manulife Smart U.S. Enhanced Yield ETF (UYLD) and Mackenzie US Low Volatility ETF (MULV) offer distinct profiles for Canadian ETF investors. A direct comparison shows that UYLD focuses its top 3 sector exposures on Information Technology, Financials, and Industrials, while MULV leans towards Information Technology, Health Care, and Financials. When evaluating costs, UYLD features a management fee (MER) of 0.6%, compared to 0.45% for MULV. Performance-wise, UYLD has returned 14.7% year-to-date with +$1 M in net flows, whereas MULV is at 3.58% with +$1 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
UYLD
MULV
| AuM | $7.16 M | $58.67 M |
| Management Fees | 0.60% | 0.45% |
| Exp. ratio | 0.69% | 0.50% |
| Tracking Difference | - | - |
Historical performance and flows
As of June 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | UYLD | +3.48% | +10.93% | +14.70% | +24.44% | - |
MULV | +3.86% | +3.54% | +3.58% | +7.39% | - | |
| Flows | UYLD | -$0 M | +$1 M | +$1 M | +$1 M | - |
MULV | -$1 M | +$2 M | +$1 M | -$1 M | - |
UYLD vs MULV exposure
Countries
UYLD
USA
76.20%
Other
20.58%
MULV
USA
88.37%
Other
11.63%
Sectors
UYLD
Information Technology
26.44%
Other
23.58%
Financials
8.08%
Industrials
8.05%
Other
33.85%
MULV
Information Technology
29.06%
Health Care
12.32%
Financials
12.06%
Utilities
8.27%
Consumer Staples
8.26%
Industrials
7.38%
Other
22.65%
As of June 11, 2026
Top 10 Holdings
UYLD
NVIDIA
3.42%
VERIZON COMMUNICATIONS
3.08%
EXXON
2.81%
CISCO-T
2.71%
BROADCOM LIMITED
2.68%
US5128073062
2.58%
PFIZER
2.56%
UNITED PARCEL SERVICE-CL
2.53%
NETAPP
2.38%
AMERICAN FINANCIAL GROUP
2.29%
MULV
NVIDIA
2.51%
DUKE ENERGY
2.13%
CHUBB LTD
2.12%
MICROSOFT-T
1.93%
MASTERCARD
1.91%
TRAVELERS COS INC/THE
1.82%
REPUBLIC SVCS
1.80%
MCKESSON
1.59%
PROCTERGAMBLE
1.55%
VERIZON COMMUNICATIONS
1.54%
Diversification
UYLD
Total weight of top 10 holdings out of 122 total
27.05%
MULV
Total weight of top 10 holdings out of 199 total
18.90%
Characteristics
Compare
UYLD
MULV
| Provider | Manulife Investments | Mackenzie Investments |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | ||
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 6.15% | 0.96% |
| Meets ESG criteria | No | Yes |
| Inception Date | June 4, 2024 | June 6, 2024 |
Frequently asked questions about UYLD and MULV
Which ETF has performed better year to date: UYLD or MULV?
As of June 11, 2026, UYLD has returned 14.70% year to date, while MULV has returned 3.58%. UYLD is ahead on YTD performance.
Which ETF is larger by assets under management: UYLD or MULV?
As of June 11, 2026, UYLD manages $7.16 M in assets, while MULV manages $58.67 M. MULV is the larger fund by AUM.
How are UYLD and MULV managed?
UYLD is actively managed by Manulife Investments. It does not track an index. MULV is actively managed by Mackenzie Investments. It does not track an index.
What sectors do UYLD and MULV emphasize?
UYLD is most exposed to Information Technology, Financials, and Industrials. MULV is most exposed to Information Technology, Health Care, and Financials.
Which ETF is attracting more investor flows: UYLD or MULV?
Year to date, UYLD has seen +$1.27 M in net flows, compared with +$1.08 M for MULV. UYLD has attracted more net investor money so far.
How do the fees of UYLD and MULV compare?
UYLD has an expense ratio of 0.69%, while MULV has an expense ratio of 0.50%.
What are the top holdings of UYLD and MULV?
UYLD's largest holdings include NVIDIA and VERIZON COMMUNICATIONS. MULV's top holdings include NVIDIA, DUKE ENERGY, and CHUBB LTD.
Which ETF is more diversified: UYLD or MULV?
UYLD holds 121 securities, while MULV holds 198. On holdings count, MULV is the more diversified portfolio.
Recent articles about UYLD and MULV
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