MHDC.TO
Mackenzie Canadian High Dividend Yield ETF
Canadian
EQUITY
Active
MANAGEMENT STYLE
$ 5.2 M
ASSETS UNDER MGMT
55 bp
EXPENSES
Fund Basics
| Inception date | Sep 03, 2025 |
| 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
| ISHARES S&P/TSX 60 ETF | 15.5 % |
| TORONTO-DOMINION BANK | 6.2 % |
| ROYAL BANK OF CANADA | 6.1 % |
| BANK OF NOVA SCOTIA | 5.3 % |
| MANULIFE FINANCIAL CORP | 4.4 % |
| SUNCOR ENERGY INC | 4.2 % |
| MAGNA INTERNATIONAL INC-CL A | 3.7 % |
| ROGERS COMMUNICATIONS INC. CLASS B | 3.3 % |
| WHITECAP RESOURCES INC | 3.2 % |
| CANADIAN NATURAL RESOURCES | 3.1 % |
Constituent Breakdown
| Number of holdings | 53 |
| Herfindahl-Hirschman Index | 543 |
| Wgt avg mkt cap (mns) | $51,912 |
| Large cap (>$10bn) | 63.4% |
| Mid cap ($2-10bn) | 18.2% |
| Small cap (<$2bn) | 13.7% |
| Developed mkts. | 95.3% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
CANADA | 93.3 % |
 |
BERMUDA | 2.0 % |
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 | 19.0% | -- | -- | -- | -- | -- | -- | 31.3% |
| Dividend Yield | 1.9% | -- | -- | -- | -- | -- | -- | 3.7% |
| Total Returns | 21.0% | -- | -- | -- | -- | -- | -- | 35.0% | Ann. Volatility | 9.7% | -- | -- | -- | -- | -- | -- | 8.8% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.00 | 0% |
| MSCI EAFE | 0.00 | 0% |
| MSCI Emg Mkts | 0.00 | 0% |
Liquidity Measures
| Avg. volume (000) | 0 |
| ADV traded (mns) | $0 |
| Turnover | 0.0% |
| Avg. Bid/Ask (% of price) | 0.00% |
Technical Indicators
| 30d moving avg. (EMA) | $25.67 |
| Relative strength (RSI) | 67 |
| MACD/Signal | 0.37/0.36 |
| Bollinger Bands (Upper/Lower) | $26.63/$25.19 |
| 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. MHDC.TO |
Expenses vs. MHDC.TO |
ALTAR Score™ vs. MHDC.TO |
|---|---|---|---|---|
| XEI.TO | iShares S&P/TSX Composite High Dividend Index ETF | 60.1% | -33 bp | -0.8% |
| VDY.TO | Vanguard FTSE Canadian High Dividend Yield Index ETF | 55.4% | -35 bp | -0.8% |
| ZDV.TO | BMO Canadian Dividend ETF | 54.9% | -20 bp | -1.5% |
| FCCD.TO | Fidelity Canadian High Dividend ETF | 51.8% | -20 bp | -0.6% |
| XCV.TO | iShares Canadian Value Index ETF | 48.8% | 0 bp | -1.0% |
| PXC.TO | Invesco RAFI Canadian Index ETF | 48.8% | -10 bp | -0.7% |
| XDV.TO | iShares Canadian Select Dividend Index ETF | 48.0% | 0 bp | -0.1% |
| TQCD.TO | TD Q Canadian Dividend ETF | 46.9% | -20 bp | -1.2% |
| PDC.TO | Invesco Canadian Dividend Index ETF | 44.8% | -5 bp | -1.2% |
| XIU.TO | iShares S&P/TSX 60 Index ETF | 44.1% | -40 bp | -1.3% |
Risk and Returns: MHDC.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
7.0%
ALTAR SCORE™
78th
PERCENTILE
OVERWEIGHT
ETFRC RATING
There are 104 funds in the Canadian Equity category with an average
ALTAR Score™ of 5.9% and a standard deviation
of 1.4%. MHDC.TO's ALTAR Score™ is approximately 0.8 standard
deviations above the category average. This places MHDC.TO in the 78th percentile
among funds in the category.
Sell-Side Consensus
$26.56
PRICE TARGET
+1.6%
UPSIDE