QCN ETF Review Mackenzie Canadian Equity Index ETF

QCN ETF Review

Mackenzie Canadian Equity Index ETF (QCN) seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Solactive Canada Broad Market Index. It invests primarily in Canadian equity securities. The Solactive Canada Broad Market Index is a market capitalization-weighted index of securities that broadly represent the Canadian stock market. It includes common stocks and income trust units.

Top 10 QCN Holdings

The top 10 investments of QCN account for 34.6%% of the 304 holdings. This table shows the investment names of the individual holdings that are subject to change.

Ticker	Name	Weight
RY	Royal Bank of Canada	6.53%
TD	TORONTO-DOMINION BANK	4.16%
CP	CANADIAN PACIFIC KANSAS	3.24%
CNQ	CANADIAN NATURAL RESOURCE	3.21%
ENB	Enbridge Inc	3.18%
SHOP	SHOPIFY INC	3.16%
BN	BROOKFIELD CORPORATION	2.91%
CNR	CANADIAN NATL RAILWAY CO	2.90%
BMO	Bank of Montreal	2.62%
CSU	CONSTELLATION SOFTWARE INC	2.51%

Is QCN a Good Investment?

Quickly compare QCN to similar investments focused on Canadian equity ETFs by risk, fees, performance, yield, volatility, and other metrics to decide which ETF will fit into your portfolio.

ETF	Risk	Inception	MER	AUM	Holdings	Beta	P/E	Yield	Distributions	1Y	3Y	5Y	10Y	15Y
XIC	Medium	2001-02-16	0.06%	$12,748,173,743	227	1.00	13.40	2.82%	Quarterly	12.06%	5.92%	9.26%	6.93%	8.18%
ZCN	Medium	2009-05-29	0.06%	$8,224,580,000	228	1.00	N/A	3.15%	Quarterly	12.04%	5.92%	9.26%	6.93%	7.71%
KNGC	Medium to High	2024-05-30	N/A	N/A	N/A	N/A	N/A	N/A	Monthly	N/A	N/A	N/A	N/A	N/A
FXM	Medium to High	2012-02-13	0.65%	$305,610,000	31	0.86	9.47	2.96%	Quarterly	10.45	7.04%	11.60%	6.31%	N/A
CCEI	Medium	2021-03-31	0.05%	$311,119,756	222	N/A	12.66	3.22%	Quarterly	6.46%	N/A	N/A	N/A	N/A
DRFC	Medium	2018-09-27	0.47%	$227,310,000	77	0.91	13.24	2.38%	Quarterly	14.21%	10.43%	9.91%	N/A	N/A
DXC	Low to Medium	2017-01-20	0.72%	$243,160,000	40	0.84	N/A	2.55%	Monthly	6.05%	8.27%	9.90%	N/A	N/A
ETSX	Medium	2023-01-09	0.71%	$29,614,000	95	N/A	N/A	9.91%	Monthly	4.01%	N/A	N/A	N/A	N/A
FCCV	Medium	2020-06-05	0.39%	$139,700,000	66	1.11	7.06	3.08%	Quarterly	4.77%	9.60%	N/A	N/A	N/A
FST	Medium	2001-11-30	0.67%	$69,965,022	26	0.94	11.56	1.60%	Quarterly	18.01%	11.11%	10.05%	7.91%	8.31%
FLCD	Medium	2019-02-13	0.06%	$198,070,000	172	0.99	12.77	3.20%	Quarterly	6.05%	9.70%	N/A	N/A	N/A
HXT	Medium	2010-09-13	0.04%	$3,745,125,989	60	1.01	N/A	N/A	N/A	11.09%	5.90%	9.34%	7.47%	N/A
GCSC	Medium	2021-03-31	0.67%	$22,325,359	38	0.88	16.57	1.64%	Quarterly	14.39%	6.95%	N/A	N/A	N/A
HLIF	Medium	2022-06-08	0.79%	$107,270,000	30	N/A	N/A	8.00%	Monthly	0.24%	N/A	N/A	N/A	N/A
PXC	Medium	2012-01-26	0.49%	$174,577,110	91	0.96	12.67	3.52%	Quarterly	8.93%	10.68%	9.62%	7.38%	N/A
QCN	Medium	2018-01-24	0.04%	$1,471,956,609	304	0.99	13.28	3.29%	Quarterly	12.22%	6.12%	9.48%	N/A	N/A
MCLC	Medium	2017-04-10	0.40%	$321,170,000	82	0.96	N/A	2.75%	Semi-Annually	10.12%	10.33%	9.30%	N/A	N/A
NSCE	Medium	2020-01-23	0.69%	$1,645,300,000	34	0.73	20.43	1.11%	Quarterly	11.28%	9.86%	N/A	N/A	N/A
RCD	Medium	2014-01-09	0.42%	$140,520,000	59	0.93	13.24	3.98%	Monthly	7.74%	8.41%	8.63%	5.84%	N/A
SITC	Medium	2020-11-03	0.06%	$71,560,000	57	0.99	12.87	2.86%	Quarterly	12.20%	6.37%	N/A	N/A	N/A
TTP	Medium	2016-03-22	0.05%	$1,620,910,000	279	0.99	N/A	2.89%	Quarterly	4.74%	10.04%	9.63%	N/A	N/A
VCN	Medium	2013-08-02	0.05%	$6,730,000,000	173	0.99	13.46	2.97%	Quarterly	12.37%	6.20%	9.31%	6.73%	N/A

Nic Tustin, BA Econ

I used my experience from Sunlife, BMO, TD, Edward Jones and Canada Life to create apps to help investors pay fewer fees and income tax. I have a degree in Economics from the University of Waterloo, and financial industry designations such as the Canadian Securities Course (CSC), Conduct & Practices Handbook (CPH), Wealth Management Essentials (WME)and LLQP. I primarily focus on tactical asset allocation by actively balancing portfolios to reduce market risk. I’ve built my business on a foundation of integrity, due diligence, and innovation. I have the essential resources and financial expertise to implement these sophisticated strategies and help you understand how the variables, such as length of investment, liquidity of the investment, inflation rate, income taxes, market fluctuations, and interest rate risks can impact the results you want to achieve long term.