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Compare Global X S&P/TSX Capped Composite Index ETF (CNDC) vs Mackenzie Canadian Equity Index ETF (QCN) to find the best fit for your portfolio. CNDC and QCN provide the same top sector exposures: Finance, Non-Energy Materials, and Energy. When evaluating costs, CNDC features a management fee (MER) of 0.05%, compared to 0.04% for QCN. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
CNDC
QCN
| AuM | $10.19 M | $6,431.04 M |
| Management Fees | 0.05% | 0.04% |
| Exp. ratio | 0.05% | 0.04% |
| Tracking Difference | 0.24% | -0.11% |
Historical performance and flows
As of November 10, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CNDC | +1.28% | - | - | - | - |
QCN | +0.62% | -0.32% | +16.04% | +22.02% | +99.37% | |
| Flows | CNDC | +$0 M | - | - | - | - |
QCN | +$149 M | +$545 M | +$1,227 M | +$1,544 M | +$3,575 M |
CNDC vs QCN exposure
Countries
CNDC
Canada
96.55%
QCN
Canada
97.43%
Sectors
CNDC
Finance
41.17%
Non-Energy Materials
18.24%
Energy
16.19%
Industrials
8.03%
Other
16.38%
QCN
Finance
41.50%
Non-Energy Materials
18.62%
Energy
16.25%
Industrials
7.74%
Other
15.90%
As of November 10, 2026
Top 10 Holdings
CNDC
Royal Bank of Canada
7.73%
The Toronto-Dominion Bank
5.48%
Shopify, Inc.
5.07%
Bank of Montreal
3.32%
The Bank of Nova Scotia
3.14%
Enbridge, Inc.
2.92%
Canadian Imperial Bank of Commerce
2.85%
Canadian Natural Resources Ltd.
2.75%
Agnico Eagle Mines Ltd.
2.63%
Suncor Energy, Inc.
2.25%
QCN
Royal Bank of Canada
7.72%
The Toronto-Dominion Bank
5.46%
Shopify, Inc.
4.92%
Bank of Montreal
3.33%
The Bank of Nova Scotia
3.17%
Canadian Imperial Bank of Commerce
2.88%
Enbridge, Inc.
2.87%
Canadian Natural Resources Ltd.
2.70%
Agnico Eagle Mines Ltd.
2.63%
Suncor Energy, Inc.
2.26%
Diversification
CNDC
Total weight of top 10 holdings out of 216 total
38.13%
QCN
Total weight of top 10 holdings out of 327 total
37.95%
Characteristics
Compare
CNDC
QCN
| Provider | Global X | Mackenzie Investments |
| Management | Passively managed | Passively managed |
| Benchmark | S&P/TSX Capped Composite Index - CAD | Solactive Canada Broad Market Index NTR - CAD |
| Replication Method | Other | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | - | 1.93% |
| Meets ESG criteria | No | No |
| Inception Date | September 21, 2026 | January 24, 2018 |
Frequently asked questions about CNDC and QCN
Which ETF is larger by assets under management: CNDC or QCN?
As of November 10, 2026, CNDC manages $10.19 M in assets, while QCN manages $6.43 B. QCN is the larger fund by AUM.
How are CNDC and QCN managed?
CNDC is passively managed by Global X. It tracks the S&P/TSX Capped Composite Index - CAD benchmark. QCN is passively managed by Mackenzie Investments. It tracks the Solactive Canada Broad Market Index NTR - CAD benchmark.
What sectors do CNDC and QCN emphasize?
CNDC is most exposed to Finance, Non-Energy Materials, and Energy. QCN is most exposed to Finance, Non-Energy Materials, and Energy.
How do the fees of CNDC and QCN compare?
CNDC has an expense ratio of 0.05%, while QCN has an expense ratio of 0.04%.
What are the top holdings of CNDC and QCN?
CNDC's largest holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Shopify, Inc.. QCN's top holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Shopify, Inc..
Which ETF is more diversified: CNDC or QCN?
CNDC holds 216 securities, while QCN holds 323. On holdings count, QCN is the more diversified portfolio.
Recent articles about CNDC and QCN
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