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ETF Comparison · Canada
MGD
MGD
vs
XEF
iShares Core MSCI EAFE IMI

A side-by-side comparison of MGD (MGD) and iShares Core MSCI EAFE IMI (XEF) to help Canadian investors make an informed decision.

MGD
MGD
Price
—
YTD Return
—
AUM
—
MER
—
52W High
—
52W Low
—
XEF
iShares Core MSCI EAFE IMI
Price
$51.84
YTD Return
+10.79%
AUM
$24.96B
MER
—
52W High
$53.26
52W Low
$44.03

Head-to-Head Comparison

MetricMGDXEF
YTD Return—+10.79%
1-Day Change—-0.13%
1-Week Change—+2.31%
1-Month Change—+0.08%
Current Price—$51.84
AUM—$24.96B
MER (Expense Ratio)——
Dividend Yield—2.29%
Distribution Frequency—Half-yearly
Inception Date—2013-04-10
Holdings Count—10
MorningStar Rating——
Category—Global Equity
Beta—1.00
52-Week High—$53.26
52-Week Low—$44.03
50-Day MA—$51.67
200-Day MA—$50.49

✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.

Annualised Returns

PeriodMGDXEF
YTD—+10.79%
1 Year—+14.66%
3 Year—+20.09%
5 Year—+11.33%
10 Year—+9.84%
1Y Volatility—12.66%
Sharpe Ratio (3Y)—1.54

Past performance is not a guarantee of future results.

Sector Weights

SectorMGDXEF
Basic Materials—6.25%
Communication Services—4.51%
Consumer Cyclicals—8.44%
Consumer Defensive—6.92%
Energy—4.05%
Financial Services—23.88%
Healthcare—11.39%
Industrials—19.24%
Real Estate—2.68%
Technology—10.20%
Utilities—3.65%

About MGD

MGD (MGD.TO) is a Canadian-listed ETF traded on the TO. More detailed information will be available soon.

About XEF

iShares Core MSCI EAFE IMI (XEF.TO) is a Canadian-listed ETF traded on the Toronto Stock Exchange. More detailed information will be available soon.

Which ETF is Right for You?

Both MGD and XEF are listed on Canadian exchanges and accessible through most Canadian brokerages including Questrade, Wealthsimple Trade, TD Direct, and Interactive Brokers.

MGD and XEF 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 XEF?

MGD (MGD) and XEF (iShares Core MSCI EAFE IMI) are both Canadian-listed ETFs. Key differences include their AUM (— vs $24.96B), dividend yield (N/A vs 2.29%), and year-to-date performance (— vs +10.79%).

Is MGD better than XEF?

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 XEF on Wealthsimple?

Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both MGD and XEF should be accessible. Check Wealthsimple's supported tickers list to confirm availability.

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