TEQT.TO vs. MEQT.TO

Last updated Apr 2, 2026

Compare and contrast key facts about TD All-Equity ETF Portfolio (TEQT.TO) and Mackenzie All-Equity Allocation ETF (MEQT.TO).

TEQT.TO and MEQT.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TEQT.TO is a passively managed fund by TD that tracks the performance of the 25% Solactive Canada Broad Market Index (C$, Net Total Return); 55% Solactive US Large Cap CAD Index (C$, Net Total Return); 20% Solactive GBS Developed Markets ex. North America Large & Mid Cap CAD Index (C$, Net Total Return). It was launched on Apr 8, 2025. MEQT.TO is an actively managed fund by Mackenzie Investments. It was launched on Nov 20, 2023.

Performance

TEQT.TO vs. MEQT.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in TD All-Equity ETF Portfolio (TEQT.TO) and Mackenzie All-Equity Allocation ETF (MEQT.TO). The values are adjusted to include any dividend payments, if applicable.

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

	2026 (YTD)	2025
TEQT.TO TD All-Equity ETF Portfolio	0.54%	27.04%
MEQT.TO Mackenzie All-Equity Allocation ETF	1.14%	28.09%

Returns By Period

In the year-to-date period, TEQT.TO achieves a 0.54% return, which is significantly lower than MEQT.TO's 1.14% return.

TEQT.TO

• 1D: 0.80%
• 1M: -3.23%
• YTD: 0.54%
• 6M: 2.82%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MEQT.TO

• 1D: 0.63%
• 1M: -3.78%
• YTD: 1.14%
• 6M: 4.29%
• 1Y: 22.84%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

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

Both TEQT.TO and MEQT.TO have an expense ratio of 0.17%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

TEQT.TO

TD All-Equity ETF Portfolio

MEQT.TO

Mackenzie All-Equity Allocation ETF

Return for Risk

TEQT.TO vs. MEQT.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: 79
MEQT.TO Sharpe Ratio Rank: 82
MEQT.TO Sortino Ratio Rank: 82
MEQT.TO Omega Ratio Rank: 85
MEQT.TO Calmar Ratio Rank: 70
MEQT.TO Martin Ratio Rank: 77

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.

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

This table presents a comparison of risk-adjusted performance metrics for TD All-Equity ETF Portfolio (TEQT.TO) and Mackenzie All-Equity Allocation ETF (MEQT.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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	TEQT.TO	MEQT.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.68	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.35	1.80	+0.55

Correlation

The correlation between TEQT.TO and MEQT.TO is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

TEQT.TO vs. MEQT.TO - Dividend Comparison

TEQT.TO's dividend yield for the trailing twelve months is around 1.46%, less than MEQT.TO's 1.62% yield.

	TTM	2025	2024	2023
TEQT.TO TD All-Equity ETF Portfolio	1.46%	1.14%	0.00%	0.00%
MEQT.TO Mackenzie All-Equity Allocation ETF	1.62%	1.60%	1.73%	0.81%

Drawdowns

TEQT.TO vs. MEQT.TO - Drawdown Comparison

The maximum TEQT.TO drawdown since its inception was -7.62%, smaller than the maximum MEQT.TO drawdown of -15.14%. Use the drawdown chart below to compare losses from any high point for TEQT.TO and MEQT.TO.

Drawdown Indicators

	TEQT.TO	MEQT.TO	Difference
Max Drawdown Largest peak-to-trough decline	-7.62%	-15.14%	+7.52%
Max Drawdown (1Y) Largest decline over 1 year	—	-11.19%	—
Current Drawdown Current decline from peak	-3.96%	-4.29%	+0.33%
Average Drawdown Average peak-to-trough decline	-1.06%	-1.33%	+0.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.51%	—

Volatility

Volatility by Period

	TEQT.TO	MEQT.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.42%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.22%	—
Volatility (1Y) Calculated over the trailing 1-year period	12.42%	13.62%	-1.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.42%	11.90%	+0.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.42%	11.90%	+0.52%