Compare equities side by side
Stocks breaking to new annual highs
S&P 500 oversold value screener
Relative strength momentum leaders
Upcoming earnings dates & reports
Filter and sort all 500 stocks
Today's biggest gainers and losers
Visual sector performance
Mackenzie International Equity Index ETF (QDX.TO) is an exchange-traded fund that primarily invests in a diversified portfolio of international equities, providing exposure to global markets. The ETF aims to track the performance of the MSCI All Country World Index ex Canada, benefiting from a broad range of sectors and geographies, particularly in developed and emerging markets.
The ETF generates revenue through management fees based on the total assets under management. Its competitive advantage lies in its diversified exposure to international markets, low expense ratios compared to actively managed funds, and the ability to attract investors seeking global equity exposure without the need for individual stock selection.
Changes in international equity market performance, particularly in developed markets like Europe and Asia
Fluctuations in currency exchange rates impacting the valuation of foreign assets
Investor sentiment towards global equities, influenced by macroeconomic indicators
Changes in management fees or fund expenses that could affect net returns
Regulatory changes impacting the asset management industry, particularly in international markets
Market volatility affecting investor sentiment and inflows into equity funds
Intensifying competition from low-cost index funds and ETFs
Potential market share loss to actively managed funds if they outperform index strategies
Minimal financial risk due to low debt levels and reliance on management fees
high - The ETF's performance is closely tied to global economic conditions, as stronger GDP growth typically leads to higher equity valuations.
Rising interest rates can lead to increased borrowing costs for companies, potentially impacting equity valuations negatively. Additionally, higher rates may shift investor preference towards fixed income over equities.
minimal
growth - Investors looking for exposure to international equities with growth potential.
moderate - The ETF's beta is expected to be around 1.0, reflecting its exposure to global equity markets.
