MEQT.TO Alternatives & Similar ETFs

Mackenzie All-Equity Allocation ETF (MEQT.TO) belongs to the Global Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with MEQT.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to MEQT.TO

MEQT.TO charges 0.17% annually. No ETFs in the Global Equities category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.17%.

Symbol	Name	Expense Ratio	AUM	Inception
TEQT.TO	TD All-Equity ETF Portfolio	0.17%	—	Apr 2025	MEQT.TO vs TEQT.TO
DRFG.TO	Desjardins RI Global Multifactor Fossil Fuel Reser...	0.17%	28.62M	Mar 2019	MEQT.TO vs DRFG.TO
ZEQT.TO	BMO All-Equity ETF	0.18%	924.58M	Jan 2022	MEQT.TO vs ZEQT.TO
XEQT.TO	iShares Core Equity ETF Portfolio	0.20%	20.80B	Aug 2019	MEQT.TO vs XEQT.TO
XEF-U.TO	iShares Core MSCI EAFE IMI Index ETF	0.21%	—	Apr 2013	MEQT.TO vs XEF-U.TO

Best Risk-Adjusted Alternatives to MEQT.TO

MEQT.TO has a PortfoliosLab risk / return rank of 85. There are 7 ETFs in the Global Equities category with higher risk-adjusted ranks, going as high as 92.

Symbol	Name	Risk / Return Rank	AUM	Inception
FGEP.TO	Fidelity Global Equity+ Fund ETF	92	—	Oct 2023	MEQT.TO vs FGEP.TO
VVL.TO	Vanguard Global Value Factor ETF	91	800.80M	Jun 2016	MEQT.TO vs VVL.TO
CYH.TO	iShares Global Monthly Dividend Index ETF (CAD-Hed...	90	200.21M	Jan 2008	MEQT.TO vs CYH.TO
CIE.NEO	iShares International Fundamental Common Class	89	—	Feb 2007	MEQT.TO vs CIE.NEO
XDGH.TO	iShares Core MSCI Global Quality Dividend Index ET...	88	179.05M	Jun 2017	MEQT.TO vs XDGH.TO

Top Performing MEQT.TO Alternatives (YTD)

MEQT.TO is at 12.84% YTD. There are 27 ETFs in the Global Equities category with higher YTD returns, going as high as 37.58%.

Symbol	Name	YTD Return	AUM	Inception
HBGD.TO	Global X Big Data & Hardware Index ETF	37.58%	52.43M	Jun 2018	MEQT.TO vs HBGD.TO
FINN.NEO	Fidelity Global Innovators ETF	36.76%	—	May 2023	MEQT.TO vs FINN.NEO
CYBR.TO	Evolve Cyber Security Index Fund - Hedged Units	31.37%	203.08M	Sep 2017	MEQT.TO vs CYBR.TO
CLML.TO	CI Global Climate Leaders Fund	24.04%	—	Jul 2021	MEQT.TO vs CLML.TO
FGEP.TO	Fidelity Global Equity+ Fund ETF	20.73%	—	Oct 2023	MEQT.TO vs FGEP.TO

Lowest Volatility Alternatives to MEQT.TO

MEQT.TO has 12.14% 1-year volatility. There are 13 ETFs in the Global Equities category with lower 1-year volatility, going as low as 7.84%.

Symbol	Name	Volatility 1Y	AUM	Inception
XMW.TO	iShares MSCI Min Vol Global Index ETF	7.84%	175.28M	Jul 2012	MEQT.TO vs XMW.TO
VVO.TO	Vanguard Global Minimum Volatility ETF	7.95%	42.10M	Jun 2016	MEQT.TO vs VVO.TO
CGRA.TO	CI Global Real Asset Private Pool	8.49%	9.05M	May 2020	MEQT.TO vs CGRA.TO
PFLS.TO	PICTON Long Short Equity Alternative Fund	9.24%	133.94M	Jul 2020	MEQT.TO vs PFLS.TO
XDGH.TO	iShares Core MSCI Global Quality Dividend Index ET...	10.07%	179.05M	Jun 2017	MEQT.TO vs XDGH.TO

Lowest Drawdown Alternatives to MEQT.TO

MEQT.TO has a 1-year max drawdown of -7.68%. There are 11 ETFs in the Global Equities category with shallower 1-year drawdowns, going as shallow as -5.03%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
TINF.TO	TD Active Global Infrastructure Equity ETF	-5.03%	457.39M	May 2020	MEQT.TO vs TINF.TO
XMW.TO	iShares MSCI Min Vol Global Index ETF	-5.14%	175.28M	Jul 2012	MEQT.TO vs XMW.TO
CYH.TO	iShares Global Monthly Dividend Index ETF (CAD-Hed...	-5.34%	200.21M	Jan 2008	MEQT.TO vs CYH.TO
XDGH.TO	iShares Core MSCI Global Quality Dividend Index ET...	-6.38%	179.05M	Jun 2017	MEQT.TO vs XDGH.TO
CGRA.TO	CI Global Real Asset Private Pool	-6.43%	9.05M	May 2020	MEQT.TO vs CGRA.TO

Other ETFs from Mackenzie

The 10 most viewed Mackenzie ETFs shown here include QCN.TO, QUU.TO, WSHR.NEO and span 9 categories. AUM among these funds goes as high as $6B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
QCN.TO	Mackenzie Canadian Equity Index ETF	Canada Equities	90	12.70%	5.71B	Jan 2018	MEQT.TO vs QCN.TO
QUU.TO	Mackenzie US Large Cap Equity Index ETF	Large Cap Blend Equities	66	12.37%	6.25B	Jan 2018	MEQT.TO vs QUU.TO
WSHR.NEO	Wealthsimple Shariah World Equity Index ETF	Global Equities	47	11.22%	—	May 2021	MEQT.TO vs WSHR.NEO
QQQQ.TO	Mackenzie NASDAQ 100 Index ETF	Nasdaq-100	—	14.66%	—	Aug 2025	MEQT.TO vs QQQQ.TO
QDX.TO	Mackenzie International Equity Index ETF	Foreign Large Cap Equities	70	14.10%	1.74B	Jan 2018	MEQT.TO vs QDX.TO
QTIP.NEO	Mackenzie US TIPS Index ETF (CAD-Hedged)	Inflation-Protected Bonds	13	-0.36%	293.47M	Jan 2018	MEQT.TO vs QTIP.NEO
MGRW.TO	Mackenzie Growth Allocation ETF	Diversified Portfolio	84	10.74%	—	Sep 2020	MEQT.TO vs MGRW.TO
MAAA.TO	Mackenzie AAA CLO ETF	CLO	92	1.62%	—	May 2025	MEQT.TO vs MAAA.TO
QDXH.TO	Mackenzie International Equity Index ETF (CAD-Hedg...	Foreign Large Cap Equities	81	12.29%	40.61M	Jan 2018	MEQT.TO vs QDXH.TO
QEBL.TO	Mackenzie Emerging Markets Local Currency Bond Ind...	Emerging Markets Bonds	32	3.25%	119.61M	Oct 2019	MEQT.TO vs QEBL.TO

Often Compared With MEQT.TO

Investors most often compare MEQT.TO with VXC.TO, CAGE.TO, FCIN.NEO. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
VXC.TO	Vanguard FTSE Global All Cap ex Canada Index ETF	Global Equities	76	13.53%	3.47B	Jun 2014	MEQT.TO vs VXC.TO
CAGE.TO	Avantis CIBC All-Equity Asset Allocation ETF	Multi-factor, Global Equities, Diversified Portfolio, Actively Managed	—	—	—	Mar 2026	MEQT.TO vs CAGE.TO
FCIN.NEO	Fidelity All-International Equity ETF	Foreign Large Cap Equities, Actively Managed	81	16.65%	1.07B	Feb 2024	MEQT.TO vs FCIN.NEO
XDG.TO	iShares Core MSCI Global Quality Dividend Index ET...	Quality Factor, Global Equities	85	15.77%	783.61M	Jun 2017	MEQT.TO vs XDG.TO
VDU.TO	Vanguard FTSE Developed All Cap ex U.S. Index ETF	Foreign Large Cap Equities, Global Equities	77	16.08%	842.01M	Aug 2013	MEQT.TO vs VDU.TO
VEQT.TO	Vanguard All-Equity ETF Portfolio	Global Equities	85	13.16%	15.67B	Jan 2019	MEQT.TO vs VEQT.TO
GEQT.TO	iShares ESG Equity ETF Portfolio	Global Equities	64	14.56%	284.77M	Sep 2020	MEQT.TO vs GEQT.TO
XMI.TO	iShares MSCI Min Vol EAFE Index ETF	Foreign Large Cap Equities, Low Volatility	73	11.66%	180.93M	Jul 2012	MEQT.TO vs XMI.TO
XML.TO	iShares MSCI Min Vol EAFE Index ETF (CAD-Hedged)	Foreign Large Cap Equities, Low Volatility	77	11.20%	51.06M	Apr 2016	MEQT.TO vs XML.TO
VMO.TO	Vanguard Global Momentum Factor ETF	Momentum, Global Equities	49	16.22%	511.94M	Jun 2016	MEQT.TO vs VMO.TO
ZEA.TO	BMO MSCI EAFE Index ETF	Foreign Large Cap Equities	73	14.15%	13.47B	Feb 2014	MEQT.TO vs ZEA.TO
XFH.TO	iShares Core MSCI EAFE IMI Index ETF (CAD-Hedged)	Global Equities	77	12.54%	3.16B	Feb 2015	MEQT.TO vs XFH.TO
XIN.TO	iShares MSCI EAFE Index ETF (CAD-Hedged)	Global Equities	75	12.57%	1.93B	Sep 2001	MEQT.TO vs XIN.TO
ZGQ.TO	BMO MSCI All Country World High Quality Index ETF	Quality Factor, Global Equities	59	12.92%	1.25B	Nov 2014	MEQT.TO vs ZGQ.TO
HEQT.TO	Global X All-Equity Asset Allocation ETF	Global Equities	84	14.18%	—	Sep 2019	MEQT.TO vs HEQT.TO
CMGG.TO	CI Munro Global Growth Equity Fund	Global Equities	33	11.95%	—	Jan 2021	MEQT.TO vs CMGG.TO
XEF.TO	iShares Core MSCI EAFE IMI Index ETF	Foreign Large Cap Equities	72	13.69%	23.06B	Apr 2013	MEQT.TO vs XEF.TO
XWD.TO	iShares MSCI World Index ETF	Global Equities	77	12.53%	1.72B	Jun 2009	MEQT.TO vs XWD.TO
XAW.TO	iShares Core MSCI All Country World ex Canada Inde...	Global Equities	78	13.80%	4.43B	Feb 2015	MEQT.TO vs XAW.TO
VEF.TO	Vanguard FTSE Developed All Cap ex U.S. Index ETF ...	Global Equities	81	14.80%	1.30B	Nov 2011	MEQT.TO vs VEF.TO

Compare MEQT.TO with Any Fund or Stock

Compare MEQT.TO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair MEQT.TO with funds that move differently

Mackenzie All-Equity Allocation ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MEQT.TO.

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Mackenzie All-Equity Allocation ETF (MEQT.TO) Alternatives