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Compare TD International Equity Index ETF (TPE) vs Mackenzie International Equity Index ETF (QDX) to find the best fit for your portfolio. TPE and QDX provide the same top sector exposures: Finance, Industrials, and Technology. When evaluating costs, TPE features a management fee (MER) of 0.17%, compared to 0.17% for QDX. Performance-wise, TPE has returned 14.15% year-to-date with +$1 B in net flows, whereas QDX is at 13.71% 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
TPE
QDX
| AuM | $5,749.91 M | $1,995.01 M |
| Management Fees | 0.17% | 0.17% |
| Exp. ratio | 0.19% | 0.19% |
| Tracking Difference | -0.38% | -0.38% |
Historical performance and flows
As of September 10, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | TPE | -1.60% | +4.75% | +14.15% | +19.07% | +68.30% |
QDX | -2.16% | +5.08% | +13.71% | +19.12% | +68.18% | |
| Flows | TPE | +$120 M | +$315 M | +$1,290 M | +$1,613 M | +$3,288 M |
QDX | +$269 M | +$332 M | +$463 M | +$549 M | +$842 M |
TPE vs QDX exposure
Countries
TPE
Japan
25.65%
United Kingdom
13.66%
Switzerland
8.96%
Germany
8.21%
France
7.97%
Australia
7.13%
Other
28.42%
QDX
Japan
25.45%
United Kingdom
13.73%
Switzerland
9.06%
Germany
8.24%
France
7.98%
Australia
7.15%
Other
28.40%
Sectors
TPE
Finance
28.04%
Industrials
16.12%
Technology
11.67%
Healthcare
9.77%
Consumer Non-Cyclicals
8.38%
Other
26.01%
QDX
Finance
28.13%
Industrials
16.06%
Technology
11.47%
Healthcare
9.95%
Consumer Non-Cyclicals
8.49%
Other
25.90%
As of September 10, 2026
Top 10 Holdings
TPE
ASML Holding NV
2.78%
HSBC Holdings Plc
1.61%
Roche Holding AG
1.36%
Novartis AG
1.25%
Nestlé SA
1.14%
Shell Plc
1.13%
AstraZeneca PLC
1.13%
Mitsubishi UFJ Financial Group, Inc.
1.12%
Siemens AG
1.03%
BHP Group Ltd.
0.93%
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
TPE
Total weight of top 10 holdings out of 891 total
13.49%
QDX
Total weight of top 10 holdings out of 896 total
13.55%
Characteristics
Compare
TPE
QDX
| Provider | TD Asset Management | Mackenzie Investments |
| 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 CAD NTR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.10% | 2.35% |
| Meets ESG criteria | No | No |
| Inception Date | March 22, 2016 | January 29, 2018 |
Frequently asked questions about TPE and QDX
Which ETF has performed better year to date: TPE or QDX?
As of September 10, 2026, TPE has returned 14.15% year to date, while QDX has returned 13.71%. TPE is ahead on YTD performance.
Which ETF is larger by assets under management: TPE or QDX?
As of September 10, 2026, TPE manages $5.75 B in assets, while QDX manages $2.00 B. TPE is the larger fund by AUM.
How are TPE and QDX managed?
TPE is passively managed by TD Asset Management. It tracks the Solactive GBS Developed Markets ex North America Large & Mid Cap CAD NTR 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 TPE and QDX emphasize?
TPE is most exposed to Finance, Industrials, and Technology. QDX is most exposed to Finance, Industrials, and Technology.
Which ETF is attracting more investor flows: TPE or QDX?
Year to date, TPE has seen +$1,290.48 M in net flows, compared with +$463.33 M for QDX. TPE has attracted more net investor money so far.
How do the fees of TPE and QDX compare?
TPE has an expense ratio of 0.19%, while QDX has an expense ratio of 0.19%.
What are the top holdings of TPE and QDX?
TPE's largest holdings include ASML Holding NV, HSBC Holdings Plc, and Roche Holding AG. QDX's top holdings include ASML Holding NV, HSBC Holdings Plc, and Roche Holding AG.
Which ETF is more diversified: TPE or QDX?
TPE holds 878 securities, while QDX holds 882. On holdings count, QDX is the more diversified portfolio.
Recent articles about TPE and QDX
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