MIVG.TO
Mackenzie Ivy Global Equity ETF
Global
EQUITY
Active
MANAGEMENT STYLE
$ 25.8 M
ASSETS UNDER MGMT
75 bp
EXPENSES
Fund Basics
| Inception date | Nov 22, 2017 |
| 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
| MICROSOFT CORP | 4.7 % |
| HALMA PLC | 4.5 % |
| ALPHABET INC. CLASS A | 4.5 % |
| AMAZON.COM INC | 4.3 % |
| JOHNSON & JOHNSON | 3.9 % |
| UNION PACIFIC CORP | 3.6 % |
| BERKSHIRE HATHAWAY INC-CL B | 3.5 % |
| BROOKFIELD CORP | 3.5 % |
| COLGATE-PALMOLIVE CO | 3.3 % |
| RECKITT BENCKISER GROUP PLC | 3.2 % |
Constituent Breakdown
| Number of holdings | 41 |
| Herfindahl-Hirschman Index | 294 |
| Wgt avg mkt cap (mns) | $631,667 |
| Large cap (>$10bn) | 95.6% |
| Mid cap ($2-10bn) | 0.0% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 92.9% |
| Emerging mkts. | 2.7% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 66.1 % |
 |
BRITAIN | 7.7 % |
 |
GERMANY | 4.4 % |
 |
CANADA | 3.5 % |
 |
SPAIN | 2.9 % |
 |
TAIWAN | 2.7 % |
 |
IRELAND | 2.2 % |
 |
SWITZERLAND | 1.7 % |
 |
JAPAN | 1.7 % |
 |
FINLAND | 1.5 % |
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 | -0.2% | 5.6% | 11.8% | 11.4% | 7.9% | -- | -- | 7.7% |
| Dividend Yield | 0.0% | 0.7% | 0.7% | 0.9% | 0.9% | -- | -- | 0.9% |
| Total Returns | -0.2% | 6.3% | 12.4% | 12.3% | 8.8% | -- | -- | 8.6% | Ann. Volatility | 12.9% | 11.9% | 13.2% | 11.9% | 12.3% | -- | -- | 13.4% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.44 | 19% |
| MSCI EAFE | 0.35 | 20% |
| MSCI Emg Mkts | 0.23 | 15% |
Liquidity Measures
| Avg. volume (000) | 1 |
| ADV traded (mns) | $0 |
| Turnover | 0.2% |
| Avg. Bid/Ask (% of price) | 0.00% |
Technical Indicators
| 30d moving avg. (EMA) | $38.29 |
| Relative strength (RSI) | 57 |
| MACD/Signal | 0.28/0.16 |
| Bollinger Bands (Upper/Lower) | $39.20/$37.32 |
| 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. MIVG.TO |
Expenses vs. MIVG.TO |
ALTAR Score™ vs. MIVG.TO |
|---|---|---|---|---|
| NBUE.TO | NBI U.S. Equity Fund | 23.1% | -10 bp | +0.4% |
| MGDV.TO | Mackenzie Global Dividend ETF | 22.9% | +5 bp | -0.5% |
| SMAX.TO | Hamilton U.S. Equity YIELD MAXIMIZER TM ETF | 21.9% | -10 bp | -1.9% |
| UDEF.TO | Manulife Smart U.S. Defensive Equity ETF | 21.9% | -42 bp | +1.0% |
| NBGE.TO | NBI Global Equity Fund | 21.5% | 0 bp | -0.4% |
| JGLO.TO | JPMorgan Global Select Equity Active ETF | 21.3% | -32 bp | +0.3% |
| TPU.TO | TD U.S. Equity Index ETF | 21.0% | -69 bp | -0.3% |
| ZSP.TO | BMO S&P 500 Index ETF | 20.4% | -67 bp | -0.3% |
| ZUQ.TO | BMO MSCI USA High Quality Index ETF | 20.4% | -45 bp | -0.3% |
| ZGQ.TO | BMO MSCI All Country World High Quality Index ETF | 20.3% | -30 bp | -0.2% |
Risk and Returns: MIVG.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
4.9%
ALTAR SCORE™
59th
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%. MIVG.TO's ALTAR Score™ is approximately 0.2 standard
deviations above the category average. This places MIVG.TO in the 59th percentile
among funds in the category.
Sell-Side Consensus
$45.94
PRICE TARGET
+18.9%
UPSIDE