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MCLV ETF · Mackenzie Canada Low Volatility ETF
The MCLV Exchange Traded Fund (ETF) is provided by Mackenzie Investments. This fund is actively managed; it does not track an index. This share class generates a stream of income by distributing dividends.
Last update 4/24/2026, 1:30 PM UTC
LIVE
CLOSED
This fund is part ofDeveloped Market Blended Cap1M perf.+8.19%
Last price
$29.49
1M perf.
+5.30%
1M flows
+€2.7M
AuM
€98M
E/R
0.51%
Rating
Not rated
ESG Consensus®
MCLV
$29.49
Performance & flows
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January 23, 2026 → April 23, 2026
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MCLV
$29.41
+5.97%
Developed Market Blended Cap
+2.62%
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | +5.30%  | +5.97%  | +31.88%  | N/A | N/A | +3.59% | +3.59% | +8.95% | |
| Flows |
Key fund info
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This ETF's jurisdiction country is not in your region (Europe and Middle East) ·
Main characteristics
More details
NAV
4/23/2026
$29.41
1D NAV change
+0.70%
Dividend policy
No. of holdings
85
Inception date
6/6/2024
Jurisdiction
Canada
Distribution
Canada
Legal structure
Open-end Fund
Base currency
CAD
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
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Classification
Investment strategy
The ETF can serve as a core holding, offering capital appreciation potential while aiming to reduce overall portfolio volatility.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Risk profile
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Historical risk/return profile
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Returns | +5.97% | +31.88% | N/A | N/A |
| Volatility | ||||
| Perf./Volatility | ||||
| Max drawdown |
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
More exposure metrics are available, exclusively in Trackinsight Enterprise
Exposure
Countries
Canada
95.98%
Unavailable
4.02%
Sectors
Financials
29.10%
Energy
13.42%
Materials
11.96%
Consumer Staples
10.12%
Industrials
9.34%
Utilities
7.03%
Consumer Discretionary
5.78%
Communication Services
3.27%
Unavailable
5.37%
Other
4.60%
Diversification
Total weight of top 15 holdings out of 85
Top 15 holdings
Data as of March 31, 2026
TORONTO DOMINION
BNS
HYDRO ONE
SUNCOR ENERGY
CDN IMPERIAL BK
GEORGE WESTON
ENBRIDGE
ROYAL BK CANADA
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NATIONAL BANK OF CANADA
DOLLARAMA
BANK OF MONTREAL
FORTIS
CDN NATL RAILWAY
GREAT WEST LIFECO
POWER CORPORATION OF CANADA
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More risk metrics are available, exclusively in Trackinsight Enterprise
Sustainability
Integrates ESG criteria
Yes
SDG
More sustainability metrics are available, exclusively in Trackinsight Enterprise
Issuer
Mackenzie Investments
Mackenzie Investments ID Card
Number of funds
63
Total AuM
€17.48B
Expense ratio range
0.04% - 0.9%
Average expense ratio
0.4174%
Top 5 funds by Mackenzie Investments
| AuM | ||
|---|---|---|
QUU | Mackenzie US Large Cap Equity Index ETF | €3.53B |
QCN | Mackenzie Canadian Equity Index ETF | €3.31B |
QDX | Mackenzie International Equity Index ETF | €950M |
MIQE | Mackenzie GQE International Equity ETF | €866M |
QBB | Mackenzie Canadian Aggregate Bond Index ETF | €852M |
Frequently asked questions about MCLV
What does Mackenzie Canada Low Volatility ETF, MCLV, invest in?
MCLV is a Active ETF. This ETF provides exposure to Other Large and Mid-Cap Canadian Equities.
What is the Total Expense ratio (TER) of MCLV?
MCLV carries a total expense ratio (TER) of 0.51%, indicating the annual cost for holding the fund.
When was MCLV launched?
MCLV was introduced to the market on June 6, 2024. It trades on Canada
Who is the ETF issuer of MCLV?
Mackenzie Canada Low Volatility ETF, MCLV, is provided by Mackenzie Investments. Learn more about Mackenzie Investments here.
What is the current assets under management (AUM) of MCLV?
MCLV oversees €98M in assets as of April 23, 2026.
How has MCLV performed lately?
Based on data from April 23, 2026, MCLV returned 5.30% over the past month, 5.97% over the last three months and 8.95% year-to-date.
What are the latest inflows or outflows for MCLV?
As of April 23, 2026, MCLV recorded net flows of +€2.7M over the last month and +€15M year-to-date.
Does MCLV distribute dividends?
MCLV follows a distributing dividend policy, meaning it pays out income to investors. As of April 23, 2026, its 12-month trailing yield was 1.88%.
What are the main country or region exposures of MCLV?
As of March 31, 2026, MCLV has significant geographic allocations in Canada.
In which sector or theme does MCLV invest in?
As of March 31, 2026, MCLV focuses largely on Financials, Energy and Materials.
How many securities does MCLV hold and how diversified is it?
As of March 31, 2026, MCLV holds 85 positions in its portfolio, with 40.63% of assets concentrated in its top 15 holdings.
What are the main positions in MCLV?
As of March 31, 2026, MCLV top three holdings include TORONTO DOMINION, BNS and HYDRO ONE.
What is the base currency of MCLV?
The base currency of MCLV is CAD.
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