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Mackenzie Core Resources ETF (MORE.TO) ETF Analysis

MORE.TO

Expense ratio 0.81% Yield 2.9% Assets CA$104.66M Since September 10, 2024 Family Mackenzie Financial Corporation

Last Updated: October 21, 2026

CA$40.11

+CA$0.05 (+0.12%)

October 21, 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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MORE.TO Annualized Returns

With dividends reinvested · as of October 21, 2026

Period	Total return	Annualized	CA$100 becomes	CA$300 becomes
1 year	+47.31%	+47.31%	CA$147.31	CA$441.92
Since September 10, 2024	+108.35%	+41.59%	CA$208.35	CA$625.04

Returns are total returns computed from daily closes, with dividends reinvested. As of October 21, 2026.

MORE.TO Return by Calendar Year

2024 and 2026 are partial years

+5.25%+54.27%+28.31%

2024*20252026*

View as table ↓View as chart ↑

Year	Return
2026 (partial year)	+28.31%
2025	+54.27%
2024 (partial year)	+5.25%

MORE.TO Monthly Returns

−8%+14%

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2026	+8.5	+13.1	−2.3	−0.6	+1.4	−7.6	+5.3	+11.0	−4.8	+3.3	—	—
2025	+5.0	−0.2	+5.5	−4.7	+5.1	+3.5	+0.9	+7.5	+9.8	−0.8	+10.8	+2.8
2024	—	—	—	—	—	—	—	—	—	+2.0	+1.6	−3.9

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

MORE.TO Volatility & Risk

Volatility: 2 yrs

Annualized volatility: 19.19%
Best year: +54.27%
Worst year: +54.27%

Volatility is the annualized standard deviation of daily returns. As of October 21, 2026.

Top Holdings

#	Symbol	Name	Weight
1	AEM.TO	Agnico Eagle Mines Ltd	5.94%
2	CVE.TO	Cenovus Energy Inc	5.55%
3	CNQ.TO	Canadian Natural Resources Ltd	4.97%
4	ABX.TO	Barrick Mining Corp	4.6%
5	TRP.TO	TC Energy Corp	3.75%
6	TTE.PA	TotalEnergies SE	3.18%
7	MX.TO	Methanex Corp	2.76%
8	FM.TO	First Quantum Minerals Ltd	2.56%
9	ENB.TO	Enbridge Inc	2.5%
10	KEY.TO	Keyera Corp	2.34%

Analysis

Data-derived

Fund Overview

Mackenzie Core Resources ETF (MORE.TO) is an exchange-traded fund. Mackenzie Financial Corporation is the fund family on file. The inception date on file is September 10, 2024. The fund holds CA$104.66M in total net assets. Annual costs run at an expense ratio of 0.81%. On a CA$10,000 position that is CA$81.00 a year.

Its biggest positions are Agnico Eagle Mines Ltd (AEM.TO), Cenovus Energy Inc (CVE.TO), and Canadian Natural Resources Ltd (CNQ.TO). Agnico Eagle Mines Ltd alone accounts for 5.94% of the portfolio. The ten largest positions together make up 38.14% of the fund.

Performance Analysis

The most recent close on file for MORE.TO is CA$40.11, dated October 21, 2026. The trailing one-year total return is +47.31%. The stored price history starts on September 10, 2024, and the total return since then is +108.35%. The trailing distribution yield is 2.9%.

So far in 2026 the total return is +28.31%. The record holds one complete calendar year, 2025, which returned +54.27%.

Price & Risk Profile

Daily returns over the trailing 2 years annualize to a volatility of 19.19%. The 52-week range on file runs from CA$27.85 to CA$41.74. The latest close sits 44.02% above that 52-week low. 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 21, 2026.

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