A side-by-side comparison of MGD (MGD) and iShares MSCI ACWI ETF (ACWI) to help Canadian investors make an informed decision.
Head-to-Head Comparison
| Metric | MGD | ACWI |
|---|---|---|
| YTD Return | — | -0.12% |
| 1-Day Change | — | -0.47% |
| 1-Week Change | — | -0.16% |
| 1-Month Change | — | -3.12% |
| Current Price | — | $155.62 |
| AUM | — | $32.14B |
| MER (Expense Ratio) | — | 0.33% |
| Dividend Yield | — | 1.40% |
| Distribution Frequency | — | — |
| Inception Date | — | 2008-03-26 |
| Holdings Count | — | 2135 |
| MorningStar Rating | — | — |
| Category | — | Global Equity |
| Beta | — | 0.97 |
| 52-Week High | — | $162.80 |
| 52-Week Low | — | $132.79 |
| 50-Day MA | — | $159.17 |
| 200-Day MA | — | $153.32 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | MGD | ACWI |
|---|---|---|
| YTD | — | -0.12% |
| 1 Year | — | +11.80% |
| 3 Year | — | +19.37% |
| 5 Year | — | +10.33% |
| 10 Year | — | +12.30% |
| 1Y Volatility | — | 13.97% |
| Sharpe Ratio (3Y) | — | 1.42 |
Past performance is not a guarantee of future results.
Sector Weights
| Sector | MGD | ACWI |
|---|---|---|
| Basic Materials | — | 3.37% |
| Communication Services | — | 7.62% |
| Consumer Cyclicals | — | 8.78% |
| Consumer Defensive | — | 5.23% |
| Energy | — | 4.15% |
| Financial Services | — | 17.26% |
| Healthcare | — | 9.44% |
| Industrials | — | 9.58% |
| Real Estate | — | 1.64% |
| Technology | — | 30.96% |
| Utilities | — | 2.54% |
About MGD
MGD (MGD.TO) is a Canadian-listed ETF traded on the TO. More detailed information will be available soon.
About ACWI
The fund generally will invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. The index is a free float-adjusted market capitalization weighted index designed to measure the combined equity market performance of developed and emerging markets countries.
Which ETF is Right for You?
Both MGD and ACWI are listed on Canadian exchanges and accessible through most Canadian brokerages including Questrade, Wealthsimple Trade, TD Direct, and Interactive Brokers.
MGD and ACWI are closely matched on the metrics we track. The right choice depends on your individual investment goals, tax situation, and time horizon.
- Consider your account type (TFSA, RRSP, non-registered) as it can affect dividend taxation.
- Compare management expense ratios (MER) directly on each provider's website.
- Look at average daily trading volume to assess liquidity.
- Review the fund's underlying index and holdings to ensure the exposure matches your goals.
This is not financial advice. Always do your own research or consult a licensed financial advisor before investing.
Frequently Asked Questions
What is the difference between MGD and ACWI?
MGD (MGD) and ACWI (iShares MSCI ACWI ETF) are both Canadian-listed ETFs. Key differences include their AUM (— vs $32.14B), dividend yield (N/A vs 1.40%), and year-to-date performance (— vs -0.12%).
Is MGD better than ACWI?
There is no single "better" ETF — it depends on your investment goals. If you prioritise dividends, compare both yields and choose based on your income needs. Always review the fund's prospectus and consider your tax situation.
Can I buy MGD and ACWI on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both MGD and ACWI should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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