QAH.TO
Mackenzie US Large Cap Equity Index ETF (CAD-Hedged)
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 1.3 B
ASSETS UNDER MGMT
6 bp
EXPENSES
Fund Basics
| Inception date | Jan 29, 2018 |
| Regulation | |
| Fund Website | link... |
| Distributions | |
| Currency | CAD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | Yes |
| Fund of funds | Yes |
Top 10 Holdings
| NVIDIA CORP | 8.1 % |
| APPLE INC | 6.7 % |
| MICROSOFT CORP | 4.8 % |
| AMAZON.COM INC | 3.9 % |
| ALPHABET INC. CLASS A | 3.5 % |
| ALPHABET INC. CLASS C | 3.0 % |
| BROADCOM INC. | 3.0 % |
| TESLA MOTORS INC | 2.1 % |
| META PLATFORMS INC | 2.1 % |
| ELI LILLY & CO | 1.4 % |
Constituent Breakdown
| Number of holdings | 506 |
| Herfindahl-Hirschman Index | 217 |
| Wgt avg mkt cap (mns) | $16,436 |
| Large cap (>$10bn) | 1.2% |
| Mid cap ($2-10bn) | 0.0% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 100.3% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 97.4 % |
 |
IRELAND | 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 | 9.7% | 26.0% | 19.4% | 20.9% | 11.1% | -- | -- | 11.7% |
| Dividend Yield | 0.3% | 1.2% | 1.2% | 1.3% | 1.4% | -- | -- | 1.5% |
| Total Returns | 10.0% | 27.2% | 20.5% | 22.2% | 12.5% | -- | -- | 13.2% | Ann. Volatility | 13.6% | 12.3% | 16.5% | 14.9% | 16.8% | -- | -- | 18.9% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.90 | 74% |
| MSCI EAFE | 0.54 | 43% |
| MSCI Emg Mkts | 0.41 | 44% |
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) | $235.55 |
| Relative strength (RSI) | 68 |
| MACD/Signal | 4.19/4.14 |
| Bollinger Bands (Upper/Lower) | $245.67/$231.60 |
| 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. QAH.TO |
Expenses vs. QAH.TO |
ALTAR Score™ vs. QAH.TO |
|---|---|---|---|---|
| DMEU.TO | Desjardins American Equity Index ETF | 97.2% | -1 bp | 0.0% |
| TPU.TO | TD U.S. Equity Index ETF | 97.1% | 0 bp | 0.0% |
| HULC.TO | Global X US Large Cap Index Corporate Class ETF | 96.8% | +2 bp | -0.1% |
| CUEI.TO | CIBC MSCI USA Equity Index ETF | 95.9% | -1 bp | +0.0% |
| QUU.TO | Mackenzie US Large Cap Equity Index ETF | 95.7% | 0 bp | 0.0% |
| ZSP.TO | BMO S&P 500 Index ETF | 93.8% | +2 bp | +0.0% |
| DRMU.TO | Desjardins RI USA - Net-Zero Emissions Pathway ETF | 89.3% | +14 bp | 0.0% |
| XUSC.TO | iShares S&P 500 3% Capped Index ETF | 82.4% | +6 bp | +0.2% |
| XSPC.TO | iShares S&P 500 3% Capped Index ETF (CAD-Hedged) | 82.2% | +6 bp | +0.4% |
| XSUS.TO | iShares ESG Aware MSCI USA Index ETF | 77.9% | +16 bp | 0.0% |
Risk and Returns: QAH.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.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
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
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
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
Sample data. Subscribe for access.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
4.6%
ALTAR SCORE™
37th
PERCENTILE
UNDERWEIGHT
ETFRC RATING
There are 1,399 funds in the US Equity category with an average
ALTAR Score™ of 5.3% and a standard deviation
of 2.1%. QAH.TO's ALTAR Score™ is approximately -0.3 standard
deviations above the category average. This places QAH.TO in the 37th percentile
among funds in the category.
Sell-Side Consensus
$273.34
PRICE TARGET
+11.3%
UPSIDE