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Compare Mackenzie International Equity Index ETF (QDX) vs TD International Equity Index ETF (THE) to find the best fit for your portfolio. QDX and THE provide the same top sector exposures: Finance, Industrials, and Technology. When evaluating costs, QDX features a management fee (MER) of 0.17%, compared to 0.17% for THE. Performance-wise, QDX has returned 12.3% year-to-date with +$610 M in net flows, whereas THE is at 11.92% with +$55 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
QDX
THE
| AuM | $2,103.66 M | $256.78 M |
| Management Fees | 0.17% | 0.17% |
| Exp. ratio | 0.19% | 0.19% |
| Tracking Difference | -0.30% | -0.40% |
Historical performance and flows
As of October 29, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | QDX | -1.65% | -0.13% | +12.30% | +13.51% | +74.17% |
THE | -0.66% | -0.63% | +11.92% | +14.83% | +67.53% | |
| Flows | QDX | +$151 M | +$420 M | +$610 M | +$661 M | +$964 M |
THE | +$3 M | +$10 M | +$55 M | +$63 M | +$191 M |
QDX vs THE exposure
Countries
QDX
Japan
27.12%
United Kingdom
13.21%
Switzerland
8.50%
Germany
8.01%
France
7.45%
Other
35.72%
THE
Japan
26.90%
United Kingdom
13.15%
Switzerland
8.47%
Germany
7.97%
France
7.42%
Other
36.09%
Sectors
QDX
Finance
27.65%
Industrials
15.80%
Technology
13.57%
Healthcare
9.55%
Consumer Non-Cyclicals
8.00%
Other
25.42%
THE
Finance
27.48%
Industrials
15.73%
Technology
13.47%
Healthcare
9.52%
Consumer Non-Cyclicals
7.97%
Other
25.83%
As of October 29, 2026
Top 10 Holdings
QDX
ASML Holding NV
3.08%
HSBC Holdings Plc
1.53%
Roche Holding AG
1.31%
Mitsubishi UFJ Financial Group, Inc.
1.19%
Shell Plc
1.18%
Novartis AG
1.16%
AstraZeneca PLC
1.09%
Nestlé SA
1.05%
Siemens AG
1.01%
SAP SE
0.97%
THE
ASML Holding NV
3.07%
HSBC Holdings Plc
1.52%
Roche Holding AG
1.31%
Shell Plc
1.18%
Mitsubishi UFJ Financial Group, Inc.
1.17%
Novartis AG
1.16%
AstraZeneca PLC
1.09%
Nestlé SA
1.04%
Siemens AG
1.00%
SAP SE
0.96%
Diversification
QDX
Total weight of top 10 holdings out of 894 total
13.58%
THE
Total weight of top 10 holdings out of 889 total
13.51%
Characteristics
Compare
QDX
THE
| Provider | Mackenzie Investments | TD Asset Management |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive GBS Developed Markets ex North America Large & Mid Cap CAD NTR Index - CAD | Solactive GBS Developed Markets ex North America Large & Mid cap Hedged to CAD Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.38% | 2.38% |
| Meets ESG criteria | No | No |
| Inception Date | January 29, 2018 | March 22, 2016 |
Frequently asked questions about QDX and THE
Which ETF has performed better year to date: QDX or THE?
As of October 29, 2026, QDX has returned 12.30% year to date, while THE has returned 11.92%. QDX is ahead on YTD performance.
Which ETF is larger by assets under management: QDX or THE?
As of October 29, 2026, QDX manages $2.10 B in assets, while THE manages $256.78 M. QDX is the larger fund by AUM.
How are QDX and THE managed?
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. THE is passively managed by TD Asset Management. It tracks the Solactive GBS Developed Markets ex North America Large & Mid cap Hedged to CAD Index - CAD benchmark.
What sectors do QDX and THE emphasize?
QDX is most exposed to Finance, Industrials, and Technology. THE is most exposed to Finance, Industrials, and Technology.
Which ETF is attracting more investor flows: QDX or THE?
Year to date, QDX has seen +$609.57 M in net flows, compared with +$54.57 M for THE. QDX has attracted more net investor money so far.
How do the fees of QDX and THE compare?
QDX has an expense ratio of 0.19%, while THE has an expense ratio of 0.19%.
What are the top holdings of QDX and THE?
QDX's largest holdings include ASML Holding NV, HSBC Holdings Plc, and Roche Holding AG. THE's top holdings include ASML Holding NV, HSBC Holdings Plc, and Roche Holding AG.
Which ETF is more diversified: QDX or THE?
QDX holds 878 securities, while THE holds 875. On holdings count, QDX is the more diversified portfolio.
Recent articles about QDX and THE
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