QCE.TO
Mackenzie Canadian Large Cap Equity Index ETF
Canadian
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 285.8 M
ASSETS UNDER MGMT
4 bp
EXPENSES
Fund Basics
| Inception date | Jan 24, 2018 |
| 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
| ROYAL BANK OF CANADA | 9.1 % |
| TORONTO-DOMINION BANK | 6.4 % |
| ENBRIDGE INC | 4.3 % |
| SHOPIFY, INC. CLASS A | 4.2 % |
| BANK OF MONTREAL | 3.8 % |
| CAN IMPERIAL BK OF COMMERCE | 3.7 % |
| BROOKFIELD CORP | 3.5 % |
| CANADIAN NATURAL RESOURCES | 3.5 % |
| BANK OF NOVA SCOTIA | 3.4 % |
| AGNICO-EAGLE MINES LTD | 3.2 % |
Constituent Breakdown
| Number of holdings | 60 |
| Herfindahl-Hirschman Index | 317 |
| Wgt avg mkt cap (mns) | $85,035 |
| Large cap (>$10bn) | 99.2% |
| Mid cap ($2-10bn) | 0.0% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 99.8% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
CANADA | 99.8 % |
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 | 9.0% | 29.5% | 24.1% | 20.2% | 11.5% | -- | -- | 9.4% |
| Dividend Yield | 0.6% | 3.2% | 3.5% | 3.7% | 3.5% | -- | -- | 3.4% |
| Total Returns | 9.6% | 32.6% | 27.6% | 24.0% | 15.0% | -- | -- | 12.8% | Ann. Volatility | 13.1% | 11.2% | 12.5% | 12.0% | 12.8% | -- | -- | 15.9% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.49 | 26% |
| MSCI EAFE | 0.38 | 26% |
| MSCI Emg Mkts | 0.25 | 20% |
Liquidity Measures
| Avg. volume (000) | 1 |
| ADV traded (mns) | $0 |
| Turnover | 0.1% |
| Avg. Bid/Ask (% of price) | 0.00% |
Technical Indicators
| 30d moving avg. (EMA) | $201.89 |
| Relative strength (RSI) | 61 |
| MACD/Signal | 1.62/1.37 |
| Bollinger Bands (Upper/Lower) | $206.27/$198.88 |
| 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. QCE.TO |
Expenses vs. QCE.TO |
ALTAR Score™ vs. QCE.TO |
|---|---|---|---|---|
| ZIU.TO | BMO S&P/TSX 60 Index ETF | 95.5% | +9 bp | +0.1% |
| CNDX.TO | Global X S&P/TSX 60 Index ETF | 95.4% | +5 bp | +0.1% |
| XIU.TO | iShares S&P/TSX 60 Index ETF | 94.4% | +11 bp | +0.1% |
| VCE.TO | Vanguard FTSE Canada Index ETF | 93.3% | +1 bp | +0.1% |
| VCN.TO | Vanguard FTSE Canada All Cap Index ETF | 83.4% | +1 bp | +0.1% |
| TTP.TO | TD Canadian Equity Index ETF | 82.1% | 0 bp | +0.2% |
| XIC.TO | iShares Core S&P/TSX Capped Composite Index ETF | 81.2% | +2 bp | +0.0% |
| QCN.TO | Mackenzie Canadian Equity Index ETF | 80.6% | 0 bp | +0.2% |
| ZCN.TO | BMO S&P/TSX Capped Composite Index ETF | 80.1% | +1 bp | 0.0% |
| CCEI.TO | CIBC MSCI Canada Equity Index ETF | 79.8% | 0 bp | +0.0% |
Risk and Returns: QCE.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
5.6%
ALTAR SCORE™
41st
PERCENTILE
NEUTRAL
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%. QCE.TO's ALTAR Score™ is approximately -0.2 standard
deviations above the category average. This places QCE.TO in the 41st percentile
among funds in the category.
Sell-Side Consensus
$219.69
PRICE TARGET
+5.1%
UPSIDE