MCSM.TO
Manulife Multifactor Canadian SMID Cap Index ETF
Canadian
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 428.4 M
ASSETS UNDER MGMT
50 bp
EXPENSES
Fund Basics
| Inception date | Nov 27, 2017 |
| Regulation | |
| Fund Website | link... |
| Distributions | |
| Currency | CAD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| FINNING INTERNATIONAL INC | 2.8 % |
| OR ROYALTIES INC | 2.8 % |
| ELDORADO GOLD CORP | 2.6 % |
| SOUTH BOW CORP | 2.4 % |
| ARITZIA, INC. | 2.4 % |
| CAPITAL POWER CORP | 2.3 % |
| CAPSTONE COPPER CORP | 2.3 % |
| ORLA MINING LTD. | 2.3 % |
| OCEANAGOLD CORP | 2.2 % |
| B2GOLD CORP | 2.2 % |
Constituent Breakdown
| Number of holdings | 121 |
| Herfindahl-Hirschman Index | 133 |
| Wgt avg mkt cap (mns) | $2,898 |
| Large cap (>$10bn) | 59.5% |
| Mid cap ($2-10bn) | 18.8% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 84.1% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
CANADA | 82.1 % |
 |
UNITED STATES | 2.0 % |
Historical Performance
Standardized Performance (as of 05/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 15.3% | 54.7% | 28.9% | 22.9% | 13.5% | -- | -- | 12.5% |
| Dividend Yield | 0.0% | 1.2% | 2.4% | 2.4% | 2.1% | -- | -- | 1.8% |
| Total Returns | 15.3% | 55.9% | 31.3% | 25.2% | 15.6% | -- | -- | 14.3% | Ann. Volatility | 24.2% | 20.0% | 19.9% | 17.8% | 17.8% | -- | -- | 19.5% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.68 | 16% |
| MSCI EAFE | 0.58 | 19% |
| MSCI Emg Mkts | 0.47 | 21% |
Liquidity Measures
| Avg. volume (000) | 0 |
| ADV traded (mns) | $0 |
| Turnover | 0.0% |
| Avg. Bid/Ask (% of price) | 0.00% |
Technical Indicators
| 30d moving avg. (EMA) | $67.93 |
| Relative strength (RSI) | 56 |
| MACD/Signal | 0.50/0.42 |
| Bollinger Bands (Upper/Lower) | $70.41/$65.81 |
| Short interest (% of AUM) | 0.0% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. MCSM.TO |
Expenses vs. MCSM.TO |
ALTAR Score™ vs. MCSM.TO |
|---|---|---|---|---|
| XMD.TO | iShares S&P/TSX Completion Index ETF | 36.5% | +10 bp | -0.7% |
| XCS.TO | iShares S&P/TSX SmallCap Index ETF | 32.8% | +9 bp | +0.2% |
| CDZ.TO | iShares S&P/TSX Canadian Dividend Aristocrats Index ETF | 18.5% | +10 bp | +2.2% |
| ZJG.TO | BMO Junior Gold Index ETF | 18.0% | +5 bp | -1.4% |
| WXM.TO | CI Morningstar Canada Momentum Index ETF | 17.3% | +10 bp | -0.2% |
| ZGD.TO | BMO Equal Weight Global Gold Index ETF | 16.1% | +5 bp | -1.2% |
| RQCA.TO | Russell Investments Multi-Factor Canadian Equity Pool | 14.9% | -20 bp | +0.9% |
| CACE.TO | Avantis CIBC Canadian Equity ETF | 14.0% | -31 bp | +0.8% |
| ZFC.TO | BMO SIA Focused Canadian Equity Fund | 13.4% | +25 bp | -0.9% |
| KNGC.TO | Brompton Canadian Cash Flow Kings ETF | 13.3% | -5 bp | +3.1% |
Risk and Returns: MCSM.TO vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (CAD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 6/3/2026
Peer Group Comparison
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ETF Research Center Rating
4.9%
ALTAR SCORE™
24th
PERCENTILE
UNDERWEIGHT
ETFRC RATING
There are 104 funds in the Canadian Equity category with an average
ALTAR Score™ of 5.9% and a standard deviation
of 1.4%. MCSM.TO's ALTAR Score™ is approximately -0.7 standard
deviations above the category average. This places MCSM.TO in the 24th percentile
among funds in the category.
Sell-Side Consensus
$77.43
PRICE TARGET
+9.9%
UPSIDE