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Compare Mackenzie US Large Cap Equity Index ETF (QAH) vs Mackenzie US Large Cap Equity Index ETF (QUU) to find the best fit for your portfolio. QAH and QUU provide the same top sector exposures: Technology, Finance, and Healthcare. When evaluating costs, QAH features a management fee (MER) of 0.06%, compared to 0.06% for QUU. Performance-wise, QAH has returned 9.64% year-to-date with +$221 M in net flows, whereas QUU is at 13.36% with +$1 B. 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
QAH
QUU
| AuM | $1,226.64 M | $6,881.91 M |
| Management Fees | 0.06% | 0.06% |
| Exp. ratio | 0.07% | 0.06% |
| Tracking Difference | -0.06% | -0.08% |
Historical performance and flows
As of September 16, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | QAH | -2.61% | +0.24% | +9.64% | +13.12% | +69.99% |
QUU | -1.68% | +0.65% | +13.36% | +17.29% | +83.72% | |
| Flows | QAH | +$10 M | +$15 M | +$221 M | +$401 M | +$976 M |
QUU | +$556 M | +$708 M | +$1,244 M | +$1,769 M | +$2,266 M |
QAH vs QUU exposure
Countries
QAH
USA
97.61%
QUU
USA
97.61%
Sectors
QAH
Technology
44.66%
Finance
13.65%
Healthcare
9.19%
Consumer Non-Cyclicals
8.78%
Industrials
8.19%
Other
15.53%
QUU
Technology
44.66%
Finance
13.65%
Healthcare
9.19%
Consumer Non-Cyclicals
8.78%
Industrials
8.19%
Other
15.53%
As of September 16, 2026
Top 10 Holdings
QAH
Apple, Inc.
7.42%
NVIDIA Corp.
7.09%
Microsoft Corp.
5.15%
Amazon.com, Inc.
3.52%
Alphabet, Inc.
3.02%
Broadcom Inc.
2.80%
Alphabet, Inc.
2.63%
Meta Platforms, Inc.
1.84%
Tesla, Inc.
1.61%
Micron Technology, Inc.
1.53%
QUU
Apple, Inc.
7.42%
NVIDIA Corp.
7.09%
Microsoft Corp.
5.15%
Amazon.com, Inc.
3.52%
Alphabet, Inc.
3.02%
Broadcom Inc.
2.80%
Alphabet, Inc.
2.63%
Meta Platforms, Inc.
1.84%
Tesla, Inc.
1.61%
Micron Technology, Inc.
1.53%
Diversification
QAH
Total weight of top 10 holdings out of 507 total
36.62%
QUU
Total weight of top 10 holdings out of 507 total
36.62%
Characteristics
Compare
QAH
QUU
| Provider | Mackenzie Investments | Mackenzie Investments |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive US Large Cap Hedged to CAD NTR Index - CAD | Solactive US Large Cap Index NTR - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.81% | 0.88% |
| Meets ESG criteria | No | No |
| Inception Date | January 29, 2018 | January 24, 2018 |
Frequently asked questions about QAH and QUU
Which ETF has performed better year to date: QAH or QUU?
As of September 16, 2026, QAH has returned 9.64% year to date, while QUU has returned 13.36%. QUU is ahead on YTD performance.
Which ETF is larger by assets under management: QAH or QUU?
As of September 16, 2026, QAH manages $1.23 B in assets, while QUU manages $6.88 B. QUU is the larger fund by AUM.
How are QAH and QUU managed?
QAH is passively managed by Mackenzie Investments. It tracks the Solactive US Large Cap Hedged to CAD NTR Index - CAD benchmark. QUU is passively managed by Mackenzie Investments. It tracks the Solactive US Large Cap Index NTR - CAD benchmark.
What sectors do QAH and QUU emphasize?
QAH is most exposed to Technology, Finance, and Healthcare. QUU is most exposed to Technology, Finance, and Healthcare.
Which ETF is attracting more investor flows: QAH or QUU?
Year to date, QAH has seen +$221.07 M in net flows, compared with +$1,244.07 M for QUU. QUU has attracted more net investor money so far.
How do the fees of QAH and QUU compare?
QAH has an expense ratio of 0.07%, while QUU has an expense ratio of 0.06%.
What are the top holdings of QAH and QUU?
QAH's largest holdings include Apple, Inc., NVIDIA Corp., and Alphabet, Inc.. QUU's top holdings include Apple, Inc., NVIDIA Corp., and Alphabet, Inc..
Which ETF is more diversified: QAH or QUU?
QAH holds 502 securities, while QUU holds 502. On holdings count, QAH is the more diversified portfolio.
Recent articles about QAH and QUU
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