MCLC.TO Alternatives & Similar ETFs

Manulife Multifactor Canadian Large Cap Index ETF (MCLC.TO) belongs to the Canada Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with MCLC.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to MCLC.TO

Among 54 ETFs in the Canada Equities category with expense-ratio data, the lowest-cost alternatives shown here go as low as 0.04%.

Symbol	Name	Expense Ratio	AUM	Inception
QCN.TO	Mackenzie Canadian Equity Index ETF	0.04%	5.72B	Jan 2018	MCLC.TO vs QCN.TO
TTP.TO	TD Canadian Equity Index ETF	0.05%	6.31B	Mar 2016	MCLC.TO vs TTP.TO
HXCN.TO	Global X S&P/TSX Capped Composite Index Corporate ...	0.05%	2.55B	Feb 2020	MCLC.TO vs HXCN.TO
DMEC.TO	Desjardins Canadian Equity Index ETF	0.05%	—	Apr 2024	MCLC.TO vs DMEC.TO
VCN.TO	Vanguard FTSE Canada All Cap Index ETF	0.06%	16.37B	Aug 2013	MCLC.TO vs VCN.TO

Best Risk-Adjusted Alternatives to MCLC.TO

MCLC.TO has a PortfoliosLab risk / return rank of 90. There are 33 ETFs in the Canada Equities category with higher risk-adjusted ranks, going as high as 98.

Symbol	Name	Risk / Return Rank	AUM	Inception
XCV.TO	iShares Canadian Value Index ETF	98	250.15M	Nov 2006	MCLC.TO vs XCV.TO
HXH.TO	Global X Canadian High Dividend Index Corporate Cl...	98	245.61M	Apr 2016	MCLC.TO vs HXH.TO
HCA.TO	Hamilton Canadian Bank Mean Reversion Index ETF	98	107.00M	Jun 2020	MCLC.TO vs HCA.TO
CLSA.TO	Brompton Split Corp. Enhanced Equity Income ETF	98	—	Mar 2025	MCLC.TO vs CLSA.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	98	1.09B	Oct 2020	MCLC.TO vs HCAL.TO

Top Performing MCLC.TO Alternatives (YTD)

MCLC.TO is at 14.02% YTD. There are 29 ETFs in the Canada Equities category with higher YTD returns, going as high as 55.99%.

Symbol	Name	YTD Return	AUM	Inception
CFOU.TO	BetaPro S&P/TSX Capped Financials 2x Daily Bull ET...	55.99%	86.75M	Jun 2007	MCLC.TO vs CFOU.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	46.44%	1.09B	Oct 2020	MCLC.TO vs HCAL.TO
CLSA.TO	Brompton Split Corp. Enhanced Equity Income ETF	42.34%	—	Mar 2025	MCLC.TO vs CLSA.TO
HCA.TO	Hamilton Canadian Bank Mean Reversion Index ETF	37.85%	107.00M	Jun 2020	MCLC.TO vs HCA.TO
HEWB.TO	Global X Equal Weight Canadian Banks Index Corpora...	36.46%	337.38M	Jan 2019	MCLC.TO vs HEWB.TO

Lowest Volatility Alternatives to MCLC.TO

MCLC.TO has 11.74% 1-year volatility. There are 23 ETFs in the Canada Equities category with lower 1-year volatility, going as low as 6.39%.

Symbol	Name	Volatility 1Y	AUM	Inception
FCMI.TO	Fidelity Canadian Monthly High Income ETF	6.39%	—	Jan 2020	MCLC.TO vs FCMI.TO
TLV.TO	Invesco S&P/TSX Composite Low Volatility Index ETF	7.53%	103.58M	Apr 2012	MCLC.TO vs TLV.TO
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	8.03%	4.25B	Apr 2011	MCLC.TO vs XEI.TO
TCLV.TO	TD Q Canadian Low Volatility ETF	8.24%	121.83M	May 2020	MCLC.TO vs TCLV.TO
HXH.TO	Global X Canadian High Dividend Index Corporate Cl...	8.45%	245.61M	Apr 2016	MCLC.TO vs HXH.TO

Lowest Drawdown Alternatives to MCLC.TO

MCLC.TO has a 1-year max drawdown of -7.15%. There are 18 ETFs in the Canada Equities category with shallower 1-year drawdowns, going as shallow as -2.52%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
HXH.TO	Global X Canadian High Dividend Index Corporate Cl...	-2.52%	245.61M	Apr 2016	MCLC.TO vs HXH.TO
FCMI.TO	Fidelity Canadian Monthly High Income ETF	-3.62%	—	Jan 2020	MCLC.TO vs FCMI.TO
XCV.TO	iShares Canadian Value Index ETF	-3.84%	250.15M	Nov 2006	MCLC.TO vs XCV.TO
TLV.TO	Invesco S&P/TSX Composite Low Volatility Index ETF	-4.07%	103.58M	Apr 2012	MCLC.TO vs TLV.TO
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	-4.22%	4.25B	Apr 2011	MCLC.TO vs XEI.TO

Other ETFs from Manulife

The 7 most viewed Manulife ETFs shown here include CDIV.TO, IDIV-B.TO, MULC.TO and span 7 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
CDIV.TO	Manulife Smart Dividend ETF	Dividend	54	16.68%	—	Nov 2020	MCLC.TO vs CDIV.TO
IDIV-B.TO	Manulife Smart International Dividend ETF Unhedged...	Dividend	57	15.90%	—	Nov 2022	MCLC.TO vs IDIV-B.TO
MULC.TO	Manulife Multifactor U.S. Large Cap Index ETF Hedg...	Large Cap Blend Equities, Multi-factor	64	10.56%	—	Apr 2017	MCLC.TO vs MULC.TO
MCSM.TO	Manulife Multifactor Canadian SMID Cap Index ETF	Canada Equities, Multi-factor	46	11.32%	—	Nov 2017	MCLC.TO vs MCSM.TO
MINT.TO	Manulife Multifactor Developed International Index...	International Equity, Multi-factor	73	11.34%	—	Apr 2017	MCLC.TO vs MINT.TO
MUSC.TO	Manulife Multifactor U.S. Small Cap Index ETF Hedg...	Small Cap Blend Equities, Multi-factor	91	13.47%	—	Nov 2017	MCLC.TO vs MUSC.TO
MUMC.TO	Manulife Multifactor U.S. Mid Cap Index ETF Hedged	Mid Cap Blend Equities, Multi-factor	29	10.94%	—	Apr 2017	MCLC.TO vs MUMC.TO

Compare MCLC.TO with Any Fund or Stock

Compare MCLC.TO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair MCLC.TO with funds that move differently

Manulife Multifactor Canadian Large Cap Index ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MCLC.TO.

Explore MCLC.TO Diversifiers

Manulife Multifactor Canadian Large Cap Index ETF (MCLC.TO) Alternatives