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Mackenzie GQE Global Equity ETF (MGQE) and Mackenzie Global Women's Leadership ETF (MWMN) offer distinct profiles for Canadian ETF investors. A direct comparison shows that MGQE focuses its top 3 sector exposures on Information Technology, Industrials, and Financials, while MWMN leans towards Information Technology, Financials, and Health Care. When evaluating costs, MGQE features a management fee (MER) of 0.8%, compared to 0.55% for MWMN. Performance-wise, MGQE has returned 12.46% year-to-date with +$287 M in net flows, whereas MWMN is at 7.87% with +$1 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
MGQE
MWMN
| AuM | $574.36 M | $8.37 M |
| Management Fees | 0.80% | 0.55% |
| Exp. ratio | 0.88% | 0.62% |
| Tracking Difference | - | - |
Historical performance and flows
As of June 10, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | MGQE | +0.27% | +9.74% | +12.46% | +34.21% | - |
MWMN | +2.71% | +9.14% | +7.87% | +22.55% | +50.20% | |
| Flows | MGQE | +$72 M | +$176 M | +$287 M | +$413 M | - |
MWMN | +$0 M | +$1 M | +$1 M | -$5 M | -$22 M |
MGQE vs MWMN exposure
Countries
MGQE
USA
66.26%
Other
33.74%
MWMN
USA
64.54%
Other
7.48%
Other
27.98%
Sectors
MGQE
Information Technology
28.38%
Industrials
12.08%
Financials
10.48%
Communication Services
10.31%
Other
9.56%
Health Care
8.36%
Other
20.83%
MWMN
Information Technology
35.61%
Financials
15.63%
Health Care
8.36%
Other
7.82%
Industrials
7.24%
Other
25.35%
As of June 10, 2026
Top 10 Holdings
MGQE
NVIDIA
6.84%
APPLE
5.24%
ALPHABET INC-CL
4.96%
MICROSOFT-T
4.19%
AMAZON.COM INC
2.83%
META PLATFORMS
2.19%
BROADCOM LIMITED
1.67%
MICRON TECHNOLOGY
1.56%
MASTERCARD
1.20%
CATERPILLAR
1.18%
MWMN
NVIDIA
9.51%
MICROSOFT-T
9.17%
APPLE
8.36%
COLGATE-PALMOLIVE CO
2.76%
JPMORGAN CHASE
2.30%
TERNA RETE ELETTRICA NAZIONALE
2.07%
VERIZON COMMUNICATIONS
1.55%
HYDRO ONE
1.54%
BOOKING HOLDINGS
1.52%
S&P GLOBAL INC
1.41%
Diversification
MGQE
Total weight of top 10 holdings out of 150 total
31.85%
MWMN
Total weight of top 10 holdings out of 144 total
40.20%
Characteristics
Compare
MGQE
MWMN
| Provider | Mackenzie Investments | Mackenzie Investments |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | ||
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.33% | 1.25% |
| Meets ESG criteria | No | Yes |
| Inception Date | September 10, 2024 | December 4, 2017 |
Frequently asked questions about MGQE and MWMN
Which ETF has performed better year to date: MGQE or MWMN?
As of June 10, 2026, MGQE has returned 12.46% year to date, while MWMN has returned 7.87%. MGQE is ahead on YTD performance.
Which ETF is larger by assets under management: MGQE or MWMN?
As of June 10, 2026, MGQE manages $574.36 M in assets, while MWMN manages $8.37 M. MGQE is the larger fund by AUM.
How are MGQE and MWMN managed?
MGQE is actively managed by Mackenzie Investments. It does not track an index. MWMN is actively managed by Mackenzie Investments. It does not track an index.
What sectors do MGQE and MWMN emphasize?
MGQE is most exposed to Information Technology, Industrials, and Financials. MWMN is most exposed to Information Technology, Financials, and Health Care.
Which ETF is attracting more investor flows: MGQE or MWMN?
Year to date, MGQE has seen +$287.06 M in net flows, compared with +$0.54 M for MWMN. MGQE has attracted more net investor money so far.
How do the fees of MGQE and MWMN compare?
MGQE has an expense ratio of 0.88%, while MWMN has an expense ratio of 0.62%.
What are the top holdings of MGQE and MWMN?
MGQE's largest holdings include NVIDIA, APPLE, and ALPHABET INC-CL. MWMN's top holdings include NVIDIA, MICROSOFT-T, and APPLE.
Which ETF is more diversified: MGQE or MWMN?
MGQE holds 146 securities, while MWMN holds 142. On holdings count, MGQE is the more diversified portfolio.
Recent articles about MGQE and MWMN
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