Mackenzie Core Resources ETF (MORE.TO) ETF Analysis

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$87.06M in total net assets.

Its biggest positions are Cenovus Energy Inc (CVE.TO), Canadian Natural Resources Ltd (CNQ.TO), and Barrick Mining Corp (ABX.TO). Cenovus Energy Inc alone accounts for 6.39% of the portfolio. The ten largest positions together make up 39.58% of the fund.

Performance Analysis

The most recent close on file for MORE.TO is CA$40.78, dated September 4, 2026. The trailing one-year price return is +59.85%. The stored price history starts on September 10, 2024, and the total return since then is +111.83%. The trailing distribution yield is 3.06%.

So far in 2026 the price is +30.45%. 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 18.97%. The 52-week range on file runs from CA$26.68 to CA$41.74. The latest close sits 52.85% above that 52-week low. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.