Mackenzie GQE Canada Low Volatility ETF (MCLV.TO) ETF Analysis

Fund Overview

Mackenzie GQE Canada Low Volatility ETF (MCLV.TO) is an exchange-traded fund. The fund holds CA$190.88M in total net assets. The fund is issued by Mackenzie Financial Corporation. The inception date on file is June 6, 2024.

Its biggest positions are The Toronto-Dominion Bank (TD), Bank of Nova Scotia (BNS.TO), and Great-West Lifeco Inc (GWO.TO). The Toronto-Dominion Bank alone accounts for 4.34% of the portfolio. The ten largest positions together make up 30% of the fund.

Performance Analysis

MCLV.TO last closed at CA$31.18 on September 4, 2026. The trailing one-year price return is +26.35%. The stored price history starts on June 6, 2024, and the total return since then is +62.94%. The fund distributes at a trailing yield of 2.22%.

The record holds one complete calendar year, 2025, which returned +24.19%. 2026 is still running; the price is +16.60% year to date.

Price & Risk Profile

Daily returns over the trailing 2 years annualize to a volatility of 9.91%. The 52-week range on file runs from CA$25.49 to CA$31.78. The latest close sits 22.32% above that 52-week low. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.