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Wealthsimple Shariah World Equity Index ETF (WSHR) and CI Equity Asset Allocation ETF (CEQT) offer distinct profiles for Canadian ETF investors. A direct comparison shows that WSHR focuses its top 3 sector exposures on Consumer Non-Cyclicals, Technology, and Non-Energy Materials, while CEQT leans towards Finance, Technology, and Industrials. When evaluating costs, WSHR features a management fee (MER) of 0.5%, compared to 0.22% for CEQT. Performance-wise, WSHR has returned 15.28% year-to-date with +$82 M in net flows, whereas CEQT is at 15.13% with +$25 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
WSHR
CEQT
| AuM | $551.84 M | $56.07 M |
| Management Fees | 0.50% | 0.22% |
| Exp. ratio | 0.57% | 0.30% |
| Tracking Difference | -0.47% | - |
Historical performance and flows
As of October 16, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | WSHR | +4.56% | +4.98% | +15.28% | +13.58% | +44.37% |
CEQT | -1.39% | +2.39% | +15.13% | +16.49% | +87.87% | |
| Flows | WSHR | +$11 M | +$35 M | +$82 M | +$101 M | +$273 M |
CEQT | -$0 M | +$5 M | +$25 M | +$31 M | +$45 M |
WSHR vs CEQT exposure
Countries
WSHR
USA
35.75%
Switzerland
10.62%
Japan
10.13%
United Kingdom
8.10%
Canada
7.33%
Other
28.08%
CEQT
USA
37.13%
Canada
29.63%
Other
33.24%
Sectors
WSHR
Consumer Non-Cyclicals
17.39%
Technology
15.47%
Non-Energy Materials
14.85%
Healthcare
13.32%
Industrials
8.95%
Energy
8.53%
Other
21.48%
CEQT
Finance
25.63%
Technology
24.24%
Industrials
9.57%
Non-Energy Materials
9.51%
Energy
7.55%
Other
23.49%
As of October 16, 2026
Top 10 Holdings
WSHR
The Coca-Cola Co.
1.07%
Johnson & Johnson
1.00%
Republic Services, Inc.
0.96%
Unilever Plc
0.94%
Roper Technologies, Inc.
0.92%
Meiji Holdings Co., Ltd.
0.92%
Broadridge Financial Solutions, Inc.
0.91%
Mastercard, Inc.
0.90%
Abbott Laboratories
0.88%
Visa, Inc.
0.87%
CEQT
NVIDIA Corp.
2.69%
Apple, Inc.
2.37%
Royal Bank of Canada
2.30%
Microsoft Corp.
1.95%
The Toronto-Dominion Bank
1.61%
Shopify, Inc.
1.40%
Taiwan Semiconductor Manufacturing Co., Ltd.
1.34%
Amazon.com, Inc.
1.31%
Alphabet, Inc.
1.04%
Bank of Montreal
0.98%
Diversification
WSHR
Total weight of top 10 holdings out of 158 total
9.38%
CEQT
Total weight of top 10 holdings out of 6,778 total
17.00%
Characteristics
Compare
WSHR
CEQT
| Provider | Mackenzie Investments | CI |
| Management | Passively managed | Actively managed |
| Benchmark | Dow Jones Islamic Market Developed Markets Quality and Low Volatility Index - CAD | - |
| Replication Method | Direct (Physical) | - |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.76% | 1.37% |
| Meets ESG criteria | Yes | No |
| Inception Date | May 12, 2021 | May 17, 2023 |
Frequently asked questions about WSHR and CEQT
Which ETF has performed better year to date: WSHR or CEQT?
As of October 16, 2026, WSHR has returned 15.28% year to date, while CEQT has returned 15.13%. WSHR is ahead on YTD performance.
Which ETF is larger by assets under management: WSHR or CEQT?
As of October 16, 2026, WSHR manages $551.84 M in assets, while CEQT manages $56.07 M. WSHR is the larger fund by AUM.
How are WSHR and CEQT managed?
WSHR is passively managed by Mackenzie Investments. It tracks the Dow Jones Islamic Market Developed Markets Quality and Low Volatility Index - CAD benchmark. CEQT is actively managed by CI. It does not track an index.
What sectors do WSHR and CEQT emphasize?
WSHR is most exposed to Consumer Non-Cyclicals, Technology, and Non-Energy Materials. CEQT is most exposed to Finance, Technology, and Industrials.
Which ETF is attracting more investor flows: WSHR or CEQT?
Year to date, WSHR has seen +$81.82 M in net flows, compared with +$24.74 M for CEQT. WSHR has attracted more net investor money so far.
How do the fees of WSHR and CEQT compare?
WSHR has an expense ratio of 0.57%, while CEQT has an expense ratio of 0.30%.
What are the top holdings of WSHR and CEQT?
WSHR's largest holdings include The Coca-Cola Co., Johnson & Johnson, and Republic Services, Inc.. CEQT's top holdings include NVIDIA Corp., Apple, Inc., and Royal Bank of Canada.
Which ETF is more diversified: WSHR or CEQT?
WSHR holds 158 securities, while CEQT holds 6670. On holdings count, CEQT is the more diversified portfolio.
Recent articles about WSHR and CEQT
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