MWLV.TO
Mackenzie GQE World Low Volatility ETF
Global
EQUITY
Active
MANAGEMENT STYLE
$ 390.9 M
ASSETS UNDER MGMT
50 bp
EXPENSES
Fund Basics
| Inception date | Feb 20, 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
| CISCO SYSTEMS INC | 2.8 % |
| VERIZON COMMUNICATIONS INC | 1.9 % |
| DUKE ENERGY CORP | 1.8 % |
| MICROSOFT CORP | 1.7 % |
| PROCTER & GAMBLE CO/THE | 1.6 % |
| CBOE HOLDINGS INC | 1.6 % |
| AT&T INC | 1.5 % |
| JOHNSON & JOHNSON | 1.5 % |
| ORANGE SA | 1.4 % |
| REPUBLIC SERVICES INC | 1.4 % |
Constituent Breakdown
| Number of holdings | 252 |
| Herfindahl-Hirschman Index | 79 |
| Wgt avg mkt cap (mns) | $217,488 |
| Large cap (>$10bn) | 86.5% |
| Mid cap ($2-10bn) | 9.7% |
| Small cap (<$2bn) | 0.2% |
| Developed mkts. | 96.6% |
| Emerging mkts. | 0.3% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 60.2 % |
 |
JAPAN | 9.6 % |
 |
CANADA | 6.0 % |
 |
SWITZERLAND | 3.1 % |
 |
HONG KONG | 2.7 % |
 |
NETHERLANDS | 2.2 % |
 |
BRITAIN | 2.1 % |
 |
FRANCE | 1.9 % |
 |
BERMUDA | 1.7 % |
 |
GERMANY | 1.4 % |
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 | 3.1% | 5.2% | 11.9% | -- | -- | -- | -- | 12.7% |
| Dividend Yield | 0.0% | 1.6% | 1.3% | -- | -- | -- | -- | 1.1% |
| Total Returns | 3.1% | 6.8% | 13.1% | -- | -- | -- | -- | 13.8% | Ann. Volatility | 8.7% | 9.2% | 10.4% | -- | -- | -- | -- | 10.2% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.21 | 8% |
| MSCI EAFE | 0.20 | 12% |
| MSCI Emg Mkts | 0.06 | 2% |
Liquidity Measures
| Avg. volume (000) | 5 |
| ADV traded (mns) | $0 |
| Turnover | 0.0% |
| Avg. Bid/Ask (% of price) | 0.00% |
Technical Indicators
| 30d moving avg. (EMA) | $25.97 |
| Relative strength (RSI) | 52 |
| MACD/Signal | 0.09/0.05 |
| Bollinger Bands (Upper/Lower) | $26.45/$25.32 |
| 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. MWLV.TO |
Expenses vs. MWLV.TO |
ALTAR Score™ vs. MWLV.TO |
|---|---|---|---|---|
| MULV.TO | Mackenzie GQE US Low Volatility ETF | 51.7% | -5 bp | -0.1% |
| XMU.TO | iShares MSCI Min Vol USA Index ETF | 47.1% | -17 bp | -0.4% |
| VVO.TO | Vanguard Global Minimum Volatility ETF | 32.9% | -15 bp | -0.7% |
| ZLU.TO | BMO Low Volatility US Equity ETF | 31.6% | -20 bp | +0.6% |
| TULV.TO | TD Q U.S. Low Volatility ETF | 31.5% | -20 bp | -0.1% |
| UDEF.TO | Manulife Smart U.S. Defensive Equity ETF | 31.0% | -17 bp | -0.2% |
| MDEF.TO | Mackenzie Defensive Tilt ETF | 30.0% | +5 bp | -0.1% |
| MGQE.TO | Mackenzie GQE Global Equity ETF | 27.0% | +30 bp | -1.6% |
| CVLU.TO | CI U.S. Enhanced Value Index Fund | 23.6% | -20 bp | +0.4% |
| FCAE.TO | Fidelity American Equity Fund | 23.3% | +35 bp | -1.4% |
Risk and Returns: MWLV.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
6.0%
ALTAR SCORE™
75th
PERCENTILE
OVERWEIGHT
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%. MWLV.TO's ALTAR Score™ is approximately 0.7 standard
deviations above the category average. This places MWLV.TO in the 75th percentile
among funds in the category.
Sell-Side Consensus
$30.43
PRICE TARGET
+16.3%
UPSIDE