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MEQT.TO vs. TTTX.TO
Performance
Return for Risk
Dividends
Drawdowns
Volatility

MEQT.TO vs. TTTX.TO

Last updated Apr 1, 2026

Compare and contrast key facts about Mackenzie All-Equity Allocation ETF (MEQT.TO) and Global X Innovative Bluechip Top 10 Index ETF (TTTX.TO).

MEQT.TO and TTTX.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MEQT.TO is an actively managed fund by Mackenzie Investments. It was launched on Nov 20, 2023. TTTX.TO is a passively managed fund by Global X that tracks the performance of the Mirae Asset Global Innovative Bluechip Top 10 Index. It was launched on May 14, 2024.

Performance

MEQT.TO vs. TTTX.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Mackenzie All-Equity Allocation ETF (MEQT.TO) and Global X Innovative Bluechip Top 10 Index ETF (TTTX.TO). The values are adjusted to include any dividend payments, if applicable.

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MEQT.TO vs. TTTX.TO - Yearly Performance Comparison

2026 (YTD)20252024
MEQT.TO
Mackenzie All-Equity Allocation ETF		0.51%21.31%12.69%
TTTX.TO
Global X Innovative Bluechip Top 10 Index ETF		-8.61%18.31%21.44%

Returns By Period

In the year-to-date period, MEQT.TO achieves a 0.51% return, which is significantly higher than TTTX.TO's -8.61% return.

MEQT.TO

1D
2.74%
1M
-4.35%
YTD
0.51%
6M
4.06%
1Y
22.70%
3Y*
—
5Y*
—
10Y*
—

TTTX.TO

1D
-0.30%
1M
-4.19%
YTD
-8.61%
6M
-4.33%
1Y
18.44%
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Mackenzie All-Equity Allocation ETF

Global X Innovative Bluechip Top 10 Index ETF

Often compared with MEQT.TO:
MEQT.TO vs. ZEQT.TOMEQT.TO vs. FCIN.NEOMEQT.TO vs. XDG.TOMEQT.TO vs. TINF.TOMEQT.TO vs. VXC.TOMEQT.TO vs. CAGE.TOMEQT.TO vs. VDU.TO
Often compared with TTTX.TO:
TTTX.TO vs. HDIV.TOTTTX.TO vs. TEC.TOTTTX.TO vs. AIGO.TOTTTX.TO vs. URATTTX.TO vs. TINF.TOTTTX.TO vs. XML.TOTTTX.TO vs. BGIE.TO

MEQT.TO vs. TTTX.TO - Expense Ratio Comparison

MEQT.TO has a 0.17% expense ratio, which is lower than TTTX.TO's 0.60% expense ratio.

TTTX.TO
Global X Innovative Bluechip Top 10 Index ETF
MEQT.TO
Mackenzie All-Equity Allocation ETF

Return for Risk

MEQT.TO vs. TTTX.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
MEQT.TO
MEQT.TO Risk / Return Rank: 8282
Overall Rank
MEQT.TO Sharpe Ratio Rank: 8383
Sharpe Ratio Rank
MEQT.TO Sortino Ratio Rank: 8484
Sortino Ratio Rank
MEQT.TO Omega Ratio Rank: 8787
Omega Ratio Rank
MEQT.TO Calmar Ratio Rank: 7575
Calmar Ratio Rank
MEQT.TO Martin Ratio Rank: 8181
Martin Ratio Rank
TTTX.TO
TTTX.TO Risk / Return Rank: 4545
Overall Rank
TTTX.TO Sharpe Ratio Rank: 4545
Sharpe Ratio Rank
TTTX.TO Sortino Ratio Rank: 4949
Sortino Ratio Rank
TTTX.TO Omega Ratio Rank: 4949
Omega Ratio Rank
TTTX.TO Calmar Ratio Rank: 4242
Calmar Ratio Rank
TTTX.TO Martin Ratio Rank: 3838
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MEQT.TO vs. TTTX.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mackenzie All-Equity Allocation ETF (MEQT.TO) and Global X Innovative Bluechip Top 10 Index ETF (TTTX.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

MEQT.TOTTTX.TODifference

Sharpe ratio

Return per unit of total volatility

1.68

0.84

+0.84

Sortino ratio

Return per unit of downside risk

2.26

1.34

+0.93

Omega ratio

Gain probability vs. loss probability

1.36

1.19

+0.16

Calmar ratio

Return relative to maximum drawdown

2.04

1.11

+0.93

Martin ratio

Return relative to average drawdown

9.17

3.55

+5.62

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MEQT.TO vs. TTTX.TO - Sharpe Ratio Comparison

The current MEQT.TO Sharpe Ratio is 1.68, which is higher than the TTTX.TO Sharpe Ratio of 0.84. The chart below compares the historical Sharpe Ratios of MEQT.TO and TTTX.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

MEQT.TOTTTX.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.68

0.84

+0.84

Sharpe Ratio (All Time)

Calculated using the full available price history

1.77

0.75

+1.02

Correlation

The correlation between MEQT.TO and TTTX.TO is 0.24, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

MEQT.TO vs. TTTX.TO - Dividend Comparison

MEQT.TO's dividend yield for the trailing twelve months is around 1.63%, more than TTTX.TO's 0.11% yield.

TTM202520242023
MEQT.TO
Mackenzie All-Equity Allocation ETF		1.63%1.60%1.73%0.81%
TTTX.TO
Global X Innovative Bluechip Top 10 Index ETF		0.11%0.10%0.00%0.00%

Drawdowns

MEQT.TO vs. TTTX.TO - Drawdown Comparison

The maximum MEQT.TO drawdown since its inception was -15.14%, smaller than the maximum TTTX.TO drawdown of -23.27%. Use the drawdown chart below to compare losses from any high point for MEQT.TO and TTTX.TO.

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Drawdown Indicators

MEQT.TOTTTX.TODifference

Max Drawdown

Largest peak-to-trough decline

-15.14%

-23.27%

+8.13%

Max Drawdown (1Y)

Largest decline over 1 year

-11.19%

-13.86%

+2.67%

Current Drawdown

Current decline from peak

-4.89%

-11.68%

+6.79%

Average Drawdown

Average peak-to-trough decline

-1.32%

-4.42%

+3.10%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.49%

4.35%

-1.86%

Volatility

MEQT.TO vs. TTTX.TO - Volatility Comparison

Mackenzie All-Equity Allocation ETF (MEQT.TO) and Global X Innovative Bluechip Top 10 Index ETF (TTTX.TO) have volatilities of 5.75% and 5.75%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

MEQT.TOTTTX.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

5.75%

5.75%

0.00%

Volatility (6M)

Calculated over the trailing 6-month period

9.20%

12.26%

-3.06%

Volatility (1Y)

Calculated over the trailing 1-year period

13.61%

22.23%

-8.62%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

11.90%

20.98%

-9.08%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

11.90%

20.98%

-9.08%