MGDV.TO
Mackenzie Global Dividend ETF
Global
EQUITY
Active
MANAGEMENT STYLE
$ 396.3 M
ASSETS UNDER MGMT
80 bp
EXPENSES
Fund Basics
| Inception date | Jun 06, 2024 |
| 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
| NVIDIA CORP | 5.6 % |
| APPLE INC | 4.9 % |
| ALPHABET INC. CLASS A | 4.5 % |
| MICROSOFT CORP | 3.2 % |
| TAIWAN SEMICONDUCTOR MANUFAC | 3.1 % |
| JOHNSON & JOHNSON | 2.9 % |
| PHILIP MORRIS INTERNATIONAL | 2.8 % |
| AMAZON.COM INC | 2.6 % |
| JPMORGAN CHASE & CO | 2.3 % |
| CME GROUP INC | 2.1 % |
Constituent Breakdown
| Number of holdings | 81 |
| Herfindahl-Hirschman Index | 194 |
| Wgt avg mkt cap (mns) | $1,028,113 |
| Large cap (>$10bn) | 92.2% |
| Mid cap ($2-10bn) | 0.0% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 87.3% |
| Emerging mkts. | 4.9% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 59.9 % |
 |
FRANCE | 5.8 % |
 |
BRITAIN | 5.4 % |
 |
JAPAN | 4.6 % |
 |
TAIWAN | 3.1 % |
 |
IRELAND | 2.8 % |
 |
GERMANY | 2.2 % |
 |
SINGAPORE | 1.4 % |
 |
SWEDEN | 1.3 % |
 |
DENMARK | 1.2 % |
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 | 6.1% | 15.5% | -- | -- | -- | -- | -- | 13.9% |
| Dividend Yield | 0.0% | 1.1% | -- | -- | -- | -- | -- | 0.7% |
| Total Returns | 6.1% | 16.6% | -- | -- | -- | -- | -- | 14.5% | Ann. Volatility | 13.3% | 10.6% | -- | -- | -- | -- | -- | 12.7% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.70 | 60% |
| MSCI EAFE | 0.54 | 58% |
| MSCI Emg Mkts | 0.36 | 44% |
Liquidity Measures
| Avg. volume (000) | 6 |
| ADV traded (mns) | $0 |
| Turnover | 0.0% |
| Avg. Bid/Ask (% of price) | 0.00% |
Technical Indicators
| 30d moving avg. (EMA) | $25.54 |
| Relative strength (RSI) | 59 |
| MACD/Signal | 0.29/0.29 |
| Bollinger Bands (Upper/Lower) | $26.38/$25.03 |
| 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. MGDV.TO |
Expenses vs. MGDV.TO |
ALTAR Score™ vs. MGDV.TO |
|---|---|---|---|---|
| TPU.TO | TD U.S. Equity Index ETF | 37.2% | -74 bp | +0.2% |
| FCRR.TO | Fidelity U.S. Dividend for Rising Rates ETF | 37.2% | -45 bp | +1.4% |
| JGLO.TO | JPMorgan Global Select Equity Active ETF | 37.1% | -37 bp | +0.8% |
| ZSP.TO | BMO S&P 500 Index ETF | 35.9% | -72 bp | +0.2% |
| QUU.TO | Mackenzie US Large Cap Equity Index ETF | 35.9% | -74 bp | +0.2% |
| DRMU.TO | Desjardins RI USA - Net-Zero Emissions Pathway ETF | 35.8% | -60 bp | +0.2% |
| FLUS.TO | Franklin U.S. Large Cap Multifactor Index ETF | 35.7% | -52 bp | +0.6% |
| HULC.TO | Global X US Large Cap Index Corporate Class ETF | 35.5% | -72 bp | +0.2% |
| DMEU.TO | Desjardins American Equity Index ETF | 35.4% | -75 bp | +0.2% |
| QAH.TO | Mackenzie US Large Cap Equity Index ETF (CAD-Hedged) | 35.4% | -74 bp | +0.2% |
Risk and Returns: MGDV.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
4.4%
ALTAR SCORE™
52nd
PERCENTILE
NEUTRAL
ETFRC RATING
There are 727 funds in the Global Equity category with an average
ALTAR Score™ of 4.3% and a standard deviation
of 2.6%. MGDV.TO's ALTAR Score™ is approximately 0.0 standard
deviations above the category average. This places MGDV.TO in the 52nd percentile
among funds in the category.
Sell-Side Consensus
$29.82
PRICE TARGET
+14.3%
UPSIDE