Mackenzie Conservative Allocation ETF (MCON.TO) ETF Analysis

Fund Overview

Mackenzie Conservative Allocation ETF (MCON.TO) is an exchange-traded fund. The fund is issued by Mackenzie Investments. The inception date on file is September 29, 2020. The fund holds CA$39.72M in total net assets.

The largest positions on file are Mackenzie Canadian Aggregate Bond ETF (QBB.TO), Mackenzie US Large Cap Equity ETF (QUU.TO), and Mackenzie U.S. Aggregate Bond ETF CADH (QUB.TO). Mackenzie Canadian Aggregate Bond ETF alone accounts for 35.03% of the portfolio.

Performance Analysis

The most recent close on file for MCON.TO is CA$25.00, dated September 3, 2026. The trailing one-year price return is +12.01%. Measured over 5 years, that is +5.80% a year compounded. The trailing distribution yield is 2.23%.

2026 is still running; the price is +5.53% year to date. The strongest complete calendar year on file is 2024 at +13.57%; the weakest is 2022 at −11.81%. Of the 5 complete calendar years on file, 4 finished higher.

Price & Risk Profile

Annualized volatility over the trailing 5 years is 8.06%. Beta against the wider market is reported at 1.24. The 52-week range on file runs from CA$23.40 to CA$25.37. The latest close sits 6.84% above that 52-week low. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.