TSX · CAD · ETF

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

MCSM.TO

Expense ratio 0.56% Yield 1.73% Assets CA$327.82M Since November 27, 2017 Family Manulife Investments

Last Updated: October 20, 2026

CA$68.62

−CA$0.04 (−0.06%)

October 20, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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MCSM.TO Annualized Returns

With dividends reinvested · as of October 20, 2026

Period	Total return	Annualized	CA$100 becomes	CA$300 becomes
1 year	+20.52%	+20.52%	CA$120.52	CA$361.57
3 years	+110.84%	+28.23%	CA$210.84	CA$632.53
5 years	+102.61%	+15.17%	CA$202.61	CA$607.83
Since March 5, 2018	+217.89%	+14.35%	CA$317.89	CA$953.68

Returns are total returns computed from daily closes, with dividends reinvested. As of October 20, 2026.

MCSM.TO Return by Calendar Year

2018 and 2026 are partial years

−4.02%+48.79%+15.44%

2018*20192020202120222023202420252026*

View as table ↓View as chart ↑

Year	Return
2026 (partial year)	+15.44%
2025	+48.79%
2024	+15.90%
2023	+6.92%
2022	−4.02%
2021	+23.91%
2020	+10.52%
2019	+17.82%
2018 (partial year)	−3.55%

MCSM.TO Monthly Returns

−27%+21%

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2026	+6.4	+14.0	−10.4	+2.1	+4.0	−2.2	−1.9	+7.1	−3.0	+0.4	—	—
2025	+4.0	−3.5	+2.2	−1.4	+8.9	+4.9	+0.7	+7.0	+10.1	+0.8	+5.6	+2.1
2024	−0.7	+1.2	+6.6	+1.3	+0.9	+0.0	+3.2	−2.0	+3.5	+1.6	+2.9	−3.3
2023	+6.3	−2.7	+1.1	+0.2	−2.3	+0.1	+6.3	−1.6	−4.2	−2.9	+3.8	+3.1
2022	−1.0	+1.8	+2.9	−4.2	−1.7	−9.0	+4.0	+0.7	−7.0	+6.6	+5.9	−1.8
2021	+4.8	+2.0	+1.5	+4.0	+2.6	+2.5	−0.6	+0.9	+1.3	+3.9	−3.7	+2.7
2020	−0.4	−4.2	−26.9	+20.4	+4.2	+4.5	+5.3	+5.6	−3.9	−2.3	+11.3	+4.0
2019	+1.4	+4.5	−0.2	+0.2	−1.7	+0.9	+3.6	+0.7	+0.8	−2.9	+5.2	+4.4
2018	—	—	—	−1.7	+3.4	+0.0	+3.9	−0.3	−2.2	−6.8	−2.1	+0.8

Monthly total returns with dividends reinvested; each cell prints its signed value.

MCSM.TO Volatility & Risk

Volatility: 8 yrs · Beta: 3 yrs

Annualized volatility: 19.97%
Beta (3y): 1.01
Best year: +48.79%
Worst year: −4.02%

Volatility is the annualized standard deviation of daily returns. As of October 20, 2026.

Top Holdings

#	Symbol	Name	Weight
1	ELD.TO	Eldorado Gold Corp	3.46%
2	FTT.TO	Finning International Inc	2.61%
3	CS.TO	Capstone Copper Corp	2.43%
4	OR.TO	OR Royalties Inc	2.42%
5	SSRM.TO	SSR Mining Inc	2.41%
6	SOBO.TO	South Bow Corp	2.38%
7	BTO.TO	B2Gold Corp	2.35%
8	CPX.TO	Capital Power Corp	2.21%
9	DPM.TO	DPM Metals Inc	2.17%
10	CTC-A.TO	Canadian Tire Corp Ltd Shs -A- Non-Voting	2.08%

Analysis

Data-derived

Fund Overview

Manulife Multifactor Canadian SMID Cap Index ETF (MCSM.TO) is an exchange-traded fund. Manulife Investments is the fund family on file. It has been trading since November 27, 2017. Total net assets stand at CA$327.82M. Annual costs run at an expense ratio of 0.56%. On a CA$10,000 position that is CA$56.00 a year.

Its biggest positions are Eldorado Gold Corp (ELD.TO), Finning International Inc (FTT.TO), and Capstone Copper Corp (CS.TO). Eldorado Gold Corp alone accounts for 3.46% of the portfolio. The ten largest positions together make up 24.53% of the fund.

Performance Analysis

MCSM.TO last closed at CA$68.62 on October 20, 2026. Over the trailing twelve months the total return is +20.52%. Measured over 5 years, that is +15.17% a year compounded. The trailing distribution yield is 1.73%.

So far in 2026 the total return is +15.44%. The strongest complete calendar year on file is 2025 at +48.79%; the weakest is 2022 at −4.02%. Of the 7 complete calendar years on file, 6 finished higher.

Price & Risk Profile

Over the past 52 weeks the price has ranged from CA$54.56 to CA$73.33. The latest close sits 25.77% above that 52-week low. Annualized volatility over the trailing 8 years is 19.97%. The reported beta is 1.01. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 20, 2026.

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