TSX · CAD · ETF

Mackenzie Bluewater Next Gen Growth ETF (MNXT.TO) ETF Analysis

MNXT.TO

Expense ratio 0.89% Yield 0% Assets CA$14.60M Since September 10, 2024 Family Mackenzie Financial Corporation

Last Updated: October 21, 2026

CA$25.00

+CA$0.18 (+0.73%)

October 21, 2026 · Market close

Compare

Price History

Hover for the daily close. The dotted line marks the period open.

Compare MNXT.TO with… →

MNXT.TO Annualized Returns

With dividends reinvested · as of October 21, 2026

Period	Total return	Annualized	CA$100 becomes	CA$300 becomes
1 year	+5.71%	+5.71%	CA$105.71	CA$317.12
Since September 11, 2024	+25.90%	+11.54%	CA$125.90	CA$377.69

Returns are total returns computed from daily closes, with dividends reinvested. As of October 21, 2026.

MNXT.TO Return by Calendar Year

2024 and 2026 are partial years

+10.08%+5.26%+8.65%

2024*20252026*

View as table ↓View as chart ↑

Year	Return
2026 (partial year)	+8.65%
2025	+5.26%
2024 (partial year)	+10.08%

MNXT.TO Monthly Returns

−6%+12%

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2026	−2.6	−2.3	−5.9	+11.1	+7.3	+1.4	−4.1	+4.3	+2.0	−1.5	—	—
2025	+3.3	−2.8	−5.6	−1.3	+6.1	+2.1	+2.4	+0.1	+3.7	+1.6	−0.2	−3.6
2024	—	—	—	—	—	—	—	—	—	+1.2	+6.5	−0.8

Monthly total returns with dividends reinvested; each cell prints its signed value.

MNXT.TO Volatility & Risk

Volatility: 2 yrs

Annualized volatility: 17.24%
Best year: +5.26%
Worst year: +5.26%

Volatility is the annualized standard deviation of daily returns. As of October 21, 2026.

Top Holdings

#	Symbol	Name	Weight
1	NVDA	NVIDIA Corp	9.65%
2	AAPL	Apple Inc	9.59%
3	GOOGL	Alphabet Inc Class A	8.86%
4	AMZN	Amazon.com Inc	7.46%
5	LLY	Eli Lilly and Co	3.25%
6	AVGO	Broadcom Inc	3.06%
7	COST	Costco Wholesale Corp	3.06%
8	MA	Mastercard Inc Class A	2.79%
9	HWM	Howmet Aerospace Inc	1.87%
10	TT	Trane Technologies PLC Class A	1.81%

Analysis

Data-derived

Fund Overview

Mackenzie Bluewater Next Gen Growth ETF (MNXT.TO) is an exchange-traded fund. The fund holds CA$14.60M in total net assets. The expense ratio is 0.89%. On a CA$10,000 position that is CA$89.00 a year. Mackenzie Financial Corporation is the fund family on file. It has been trading since September 10, 2024.

The largest positions on file are NVIDIA Corp (NVDA), Apple Inc (AAPL), and Alphabet Inc Class A (GOOGL). NVIDIA Corp alone accounts for 9.65% of the portfolio. The ten largest positions together make up 51.4% of the fund.

Performance Analysis

The most recent close on file for MNXT.TO is CA$25.00, dated October 21, 2026. Over the trailing twelve months the total return is +5.71%. The stored price history starts on September 11, 2024, and the total return since then is +25.90%.

So far in 2026 the total return is +8.65%. The record holds one complete calendar year, 2025, which returned +5.26%.

Price & Risk Profile

Over the past 52 weeks the price has ranged from CA$20.23 to CA$26.08. The latest close sits 23.58% above that 52-week low. Daily returns over the trailing 2 years annualize to a volatility of 17.24%. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

More Mackenzie Financial Corporation ETFs

QCN.TO

Mackenzie Canadian Equity Index ETF

CA$6.04B

QDX.TO

Mackenzie International Equity Index ETF

CA$2.00B

MIQE.TO

Mackenzie GQE International Equity ETF

CA$1.84B

QBB.TO

Mackenzie Canadian Aggregate Bond Index ETF

CA$1.55B

QAH.TO

Mackenzie US Large Cap Equity Index ETF (CAD-Hedged)

CA$1.24B

MUB.TO

Mackenzie Unconstrained Bond ETF

CA$1.05B