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Compare CI International Quality Dividend Growth Index ETF (IQD) vs Mackenzie International Equity Index ETF (QDX) to find the best fit for your portfolio. IQD provides Industrials, Finance, and Consumer Cyclicals exposures, while QDX is primarily weighted in Finance, Industrials, and Technology. When evaluating costs, IQD features a management fee (MER) of 0.48%, compared to 0.17% for QDX. Performance-wise, IQD has returned 7.02% year-to-date with -$59 M in net flows, whereas QDX is at 13.09% with +$463 M. 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
IQD
QDX
| AuM | $120.46 M | $1,984.12 M |
| Management Fees | 0.48% | 0.17% |
| Exp. ratio | 0.52% | 0.19% |
| Tracking Difference | -0.71% | -0.38% |
Historical performance and flows
As of September 15, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | IQD | -2.90% | -0.01% | +7.02% | +14.38% | +33.62% |
QDX | -2.58% | +0.53% | +13.09% | +17.70% | +66.46% | |
| Flows | IQD | -$0 M | -$2 M | -$59 M | -$99 M | +$8 M |
QDX | +$269 M | +$332 M | +$463 M | +$549 M | +$842 M |
IQD vs QDX exposure
Countries
IQD
Japan
19.35%
United Kingdom
15.55%
France
12.83%
Germany
9.64%
Netherlands
8.26%
Spain
7.14%
Other
27.22%
QDX
Japan
25.45%
United Kingdom
13.73%
Switzerland
9.06%
Germany
8.24%
France
7.98%
Australia
7.15%
Other
28.40%
Sectors
IQD
Industrials
22.33%
Finance
17.13%
Consumer Cyclicals
16.75%
Technology
11.45%
Healthcare
9.10%
Other
23.23%
QDX
Finance
28.13%
Industrials
16.06%
Technology
11.47%
Healthcare
9.95%
Consumer Non-Cyclicals
8.49%
Other
25.90%
As of September 15, 2026
Top 10 Holdings
IQD
Toyota Motor Corp.
4.64%
Industria de Diseño Textil SA
3.46%
Banco Bilbao Vizcaya Argentaria SA
3.42%
BP Plc
3.22%
LVMH Moët Hennessy Louis Vuitton SE
3.10%
ING Groep NV
2.71%
Novo Nordisk A/S
2.60%
ASML Holding NV
2.40%
AstraZeneca PLC
2.32%
Deutsche Telekom AG
2.25%
QDX
ASML Holding NV
2.80%
HSBC Holdings Plc
1.63%
Roche Holding AG
1.37%
Novartis AG
1.26%
Nestlé SA
1.17%
AstraZeneca PLC
1.14%
Shell Plc
1.12%
Mitsubishi UFJ Financial Group, Inc.
1.11%
Siemens AG
1.03%
Commonwealth Bank of Australia
0.93%
Diversification
IQD
Total weight of top 10 holdings out of 265 total
30.11%
QDX
Total weight of top 10 holdings out of 896 total
13.55%
Characteristics
Compare
IQD
QDX
| Provider | CI | Mackenzie Investments |
| Management | Passively managed | Passively managed |
| Benchmark | WisdomTree International Quality Dividend Growth CAD Hedged Total Return Index - CAD | Solactive GBS Developed Markets ex North America Large & Mid Cap CAD NTR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.39% | 2.36% |
| Meets ESG criteria | No | No |
| Inception Date | July 12, 2016 | January 29, 2018 |
Frequently asked questions about IQD and QDX
Which ETF has performed better year to date: IQD or QDX?
As of September 15, 2026, IQD has returned 7.02% year to date, while QDX has returned 13.09%. QDX is ahead on YTD performance.
Which ETF is larger by assets under management: IQD or QDX?
As of September 15, 2026, IQD manages $120.46 M in assets, while QDX manages $1.98 B. QDX is the larger fund by AUM.
How are IQD and QDX managed?
IQD is passively managed by CI. It tracks the WisdomTree International Quality Dividend Growth CAD Hedged Total Return Index - CAD benchmark. QDX is passively managed by Mackenzie Investments. It tracks the Solactive GBS Developed Markets ex North America Large & Mid Cap CAD NTR Index - CAD benchmark.
What sectors do IQD and QDX emphasize?
IQD is most exposed to Industrials, Finance, and Consumer Cyclicals. QDX is most exposed to Finance, Industrials, and Technology.
Which ETF is attracting more investor flows: IQD or QDX?
Year to date, IQD has seen -$58.52 M in net flows, compared with +$463.33 M for QDX. QDX has attracted more net investor money so far.
How do the fees of IQD and QDX compare?
IQD has an expense ratio of 0.52%, while QDX has an expense ratio of 0.19%.
What are the top holdings of IQD and QDX?
IQD's largest holdings include Toyota Motor Corp., Industria de Diseño Textil SA, and Banco Bilbao Vizcaya Argentaria SA. QDX's top holdings include ASML Holding NV, HSBC Holdings Plc, and Roche Holding AG.
Which ETF is more diversified: IQD or QDX?
IQD holds 263 securities, while QDX holds 882. On holdings count, QDX is the more diversified portfolio.
Recent articles about IQD and QDX
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