MCSM.TO Alternatives & Similar ETFs

Manulife Multifactor Canadian SMID Cap Index ETF (MCSM.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 MCSM.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to MCSM.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	MCSM.TO vs QCN.TO
TTP.TO	TD Canadian Equity Index ETF	0.05%	6.31B	Mar 2016	MCSM.TO vs TTP.TO
HXCN.TO	Global X S&P/TSX Capped Composite Index Corporate ...	0.05%	2.55B	Feb 2020	MCSM.TO vs HXCN.TO
DMEC.TO	Desjardins Canadian Equity Index ETF	0.05%	—	Apr 2024	MCSM.TO vs DMEC.TO
ZCN.TO	BMO S&P/TSX Capped Composite Index ETF	0.06%	17.34B	May 2009	MCSM.TO vs ZCN.TO

Best Risk-Adjusted Alternatives to MCSM.TO

MCSM.TO has a PortfoliosLab risk / return rank of 46. There are 60 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	MCSM.TO vs XCV.TO
HXH.TO	Global X Canadian High Dividend Index Corporate Cl...	98	245.61M	Apr 2016	MCSM.TO vs HXH.TO
HCA.TO	Hamilton Canadian Bank Mean Reversion Index ETF	98	107.00M	Jun 2020	MCSM.TO vs HCA.TO
CLSA.TO	Brompton Split Corp. Enhanced Equity Income ETF	98	—	Mar 2025	MCSM.TO vs CLSA.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	98	1.09B	Oct 2020	MCSM.TO vs HCAL.TO

Top Performing MCSM.TO Alternatives (YTD)

MCSM.TO is at 11.32% YTD. There are 50 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	MCSM.TO vs CFOU.TO
HCAL.TO	Hamilton Enhanced Canadian Bank ETF	46.44%	1.09B	Oct 2020	MCSM.TO vs HCAL.TO
CLSA.TO	Brompton Split Corp. Enhanced Equity Income ETF	42.34%	—	Mar 2025	MCSM.TO vs CLSA.TO
HCA.TO	Hamilton Canadian Bank Mean Reversion Index ETF	37.85%	107.00M	Jun 2020	MCSM.TO vs HCA.TO
HEWB.TO	Global X Equal Weight Canadian Banks Index Corpora...	36.46%	337.38M	Jan 2019	MCSM.TO vs HEWB.TO

Lowest Volatility Alternatives to MCSM.TO

MCSM.TO has 25.62% 1-year volatility. There are 66 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	MCSM.TO vs FCMI.TO
TLV.TO	Invesco S&P/TSX Composite Low Volatility Index ETF	7.53%	103.58M	Apr 2012	MCSM.TO vs TLV.TO
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	8.03%	4.25B	Apr 2011	MCSM.TO vs XEI.TO
TCLV.TO	TD Q Canadian Low Volatility ETF	8.24%	121.83M	May 2020	MCSM.TO vs TCLV.TO
HXH.TO	Global X Canadian High Dividend Index Corporate Cl...	8.45%	245.61M	Apr 2016	MCSM.TO vs HXH.TO

Lowest Drawdown Alternatives to MCSM.TO

MCSM.TO has a 1-year max drawdown of -14.54%. There are 57 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	MCSM.TO vs HXH.TO
FCMI.TO	Fidelity Canadian Monthly High Income ETF	-3.62%	—	Jan 2020	MCSM.TO vs FCMI.TO
XCV.TO	iShares Canadian Value Index ETF	-3.84%	250.15M	Nov 2006	MCSM.TO vs XCV.TO
TLV.TO	Invesco S&P/TSX Composite Low Volatility Index ETF	-4.07%	103.58M	Apr 2012	MCSM.TO vs TLV.TO
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	-4.22%	4.25B	Apr 2011	MCSM.TO vs XEI.TO

Other ETFs from Manulife

The 7 most viewed Manulife ETFs shown here include CDIV.TO, IDIV-B.TO, MUSC.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	MCSM.TO vs CDIV.TO
IDIV-B.TO	Manulife Smart International Dividend ETF Unhedged...	Dividend	57	15.90%	—	Nov 2022	MCSM.TO vs IDIV-B.TO
MUSC.TO	Manulife Multifactor U.S. Small Cap Index ETF Hedg...	Small Cap Blend Equities, Multi-factor	91	13.47%	—	Nov 2017	MCSM.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	MCSM.TO vs MUMC.TO
MULC.TO	Manulife Multifactor U.S. Large Cap Index ETF Hedg...	Large Cap Blend Equities, Multi-factor	64	10.56%	—	Apr 2017	MCSM.TO vs MULC.TO
MCLC.TO	Manulife Multifactor Canadian Large Cap Index ETF	Canada Equities, Multi-factor	90	14.02%	—	Apr 2017	MCSM.TO vs MCLC.TO
MINT.TO	Manulife Multifactor Developed International Index...	International Equity, Multi-factor	73	11.34%	—	Apr 2017	MCSM.TO vs MINT.TO

Compare MCSM.TO with Any Fund or Stock

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Diversifiers

Pair MCSM.TO with funds that move differently

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

Explore MCSM.TO Diversifiers

Manulife Multifactor Canadian SMID Cap Index ETF (MCSM.TO) Alternatives