A side-by-side comparison of MGD (MGD) and iShares Core MSCI All Country World ex Canada Index ETF (XAW) to help Canadian investors make an informed decision.
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Head-to-Head Comparison
| Metric | MGD | XAW |
|---|---|---|
| YTD Return | — | +14.36% |
| 1-Day Change | — | +0.27% |
| 1-Week Change | — | -0.46% |
| 1-Month Change | — | +4.91% |
| Current Price | — | $58.93 |
| AUM | — | $4.31B |
| MER (Expense Ratio) | — | 0% |
| Dividend Yield | — | 1.20% |
| Distribution Frequency | — | Half-yearly |
| Inception Date | — | 2015-02-10 |
| Holdings Count | — | 6 |
| MorningStar Rating | — | ★★★★★ |
| Category | — | Global Equity |
| Beta | — | 0.97 |
| 52-Week High | — | $59.31 |
| 52-Week Low | — | $45.67 |
| 50-Day MA | — | $57.46 |
| 200-Day MA | — | $53.49 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | MGD | XAW |
|---|---|---|
| YTD | — | +14.36% |
| 1 Year | — | +29.09% |
| 3 Year | — | +21.28% |
| 5 Year | — | +13.62% |
| 10 Year | — | +13.42% |
| 1Y Volatility | — | 10.56% |
| Sharpe Ratio (3Y) | — | 1.64 |
Past performance is not a guarantee of future results.
Sector Weights
| Sector | MGD | XAW |
|---|---|---|
| Basic Materials | — | 3.52% |
| Communication Services | — | 8.01% |
| Consumer Cyclicals | — | 9.23% |
| Consumer Defensive | — | 4.83% |
| Energy | — | 3.55% |
| Financial Services | — | 15.10% |
| Healthcare | — | 8.40% |
| Industrials | — | 11.34% |
| Real Estate | — | 2.41% |
| Technology | — | 31.11% |
| Utilities | — | 2.47% |
About MGD
MGD (MGD.TO) is a Canadian-listed ETF traded on the TO. More detailed information will be available soon.
About XAW
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Which ETF is Right for You?
Both MGD and XAW are listed on Canadian exchanges and accessible through most Canadian brokerages including Questrade, Wealthsimple Trade, TD Direct, and Interactive Brokers.
MGD and XAW 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 XAW?
MGD (MGD) and XAW (iShares Core MSCI All Country World ex Canada Index ETF) are both Canadian-listed ETFs. Key differences include their AUM (— vs $4.31B), dividend yield (N/A vs 1.20%), and year-to-date performance (— vs +14.36%).
Is MGD better than XAW?
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 XAW on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both MGD and XAW should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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