Question 1

What is QUU?

Accepted Answer

QUU — Mackenzie US Large Cap Equity Index ETF — is a Canadian-listed ETF trading on the TSX. NA

Question 2

What is the QUU ETF price today?

Accepted Answer

QUU last traded at $304.35 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the QUU MER (management expense ratio)?

Accepted Answer

QUU has a management expense ratio (MER) of 0% per year. This fee is automatically deducted from the fund's assets, so you never pay it directly — but it does reduce your net returns over time. At 0%, QUU is considered a low-cost ETF.

Question 4

What are QUU annualised returns?

Accepted Answer

QUU historical returns: YTD: +12.00%, 1-year: +17.05%, 3-year annualised: +21.79%, 5-year annualised: +14.23%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.42, which measures risk-adjusted return.

Question 5

Does QUU pay dividends or distributions?

Accepted Answer

Yes, QUU distributes income to unitholders. The current distribution yield is approximately 0.87%, paid quarterly. Distributions may include dividends, interest, capital gains, or return of capital depending on the fund's holdings. In a TFSA or RRSP, distributions are sheltered from tax.

Question 6

What does QUU invest in?

Accepted Answer

QUU's top holdings include NVIDIA Corporation (NVDA, 7.2%), Apple Inc. (AAPL, 6.8%), Microsoft Corporation (MSFT, 5.3%), Amazon.com Inc (AMZN, 4.0%), Alphabet Inc Class A (GOOGL, 3.2%) — and 5 more positions. See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar US Market TR CAD.

Question 7

What sectors does QUU invest in?

Accepted Answer

QUU's largest sector exposures are Technology (38.8%), Financial Services (11.6%), Communication Services (9.8%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is QUU? (Assets under management)

Accepted Answer

QUU has approximately $6.75B in assets under management (AUM). Larger AUM generally means better liquidity, tighter bid-ask spreads, and a lower risk of the fund being wound down.

Question 9

When was QUU launched?

Accepted Answer

QUU was launched on January 24, 2018, giving it a 8-year track record. A longer history makes it easier to evaluate how the ETF performs across different market cycles.

Question 10

How do I buy QUU in Canada?

Accepted Answer

QUU trades on the TSX under the ticker QUU. You can buy it through any Canadian brokerage, including Wealthsimple Trade (commission-free), Questrade, TD Direct Investing, RBC Direct, and CIBC Investor's Edge. It can be held in a TFSA, RRSP, FHSA, or taxable account.

Question 11

How risky is QUU?

Accepted Answer

QUU has a 1-year volatility of 12.19% and a beta of 1.01 (roughly in line with the broad market). Its 3-year Sharpe ratio of 1.42 indicates solid risk-adjusted returns. As with all market-linked investments, past volatility does not predict future risk.

Date	Open	High	Low	Close	Adj Close	Volume
2026-09-10	$304.43	$304.70	$303.56	$304.35	$304.35	3,384
2026-09-09	$305.28	$305.60	$305.24	$305.32	$305.32	1,234
2026-09-08	$306.74	$306.74	$306.25	$306.25	$306.25	446
2026-09-04	$309.96	$310.32	$308.65	$308.75	$308.75	2,600
2026-09-03	$308.03	$309.35	$307.25	$308.86	$308.86	1,534
2026-09-02	$306.71	$306.96	$306.70	$306.73	$306.73	2,563
2026-09-01	$307.61	$307.62	$306.53	$306.57	$306.57	1,544
2026-08-31	$310.28	$310.28	$307.64	$308.57	$308.57	2,811
2026-08-28	$310.38	$310.38	$310.14	$310.14	$310.14	1,537
2026-08-27	$308.54	$310.23	$308.25	$310.23	$310.23	2,078

#	Ticker	Name	Weight
1	NVDA	NVIDIA Corporation	7.24%
2	AAPL	Apple Inc.	6.82%
3	MSFT	Microsoft Corporation	5.26%
4	AMZN	Amazon.com Inc	4.03%
5	GOOGL	Alphabet Inc Class A	3.20%
6	AVGO	Broadcom Inc	2.79%
7	GOOG	Alphabet Inc Class C	2.79%
8	META	Meta Platforms Inc.	1.88%
9	TSLA	Tesla Inc	1.61%
10	LLY	Eli Lilly and Company	1.50%

Sector	Weight
Technology	38.80%
Financial Services	11.62%
Communication Services	9.78%
Healthcare	9.38%
Consumer Cyclicals	8.91%
Industrials	8.15%
Consumer Defensive	4.32%
Energy	3.68%
Utilities	2.00%
Basic Materials	1.77%
Real Estate	1.59%

Ticker	Name	Price	1D
OILU		$65.56	+11.27%
HOU	BetaPro Crude Oil Daily Bull ETF	$29.03	+11.14%
SLVD	BetaPro Silver -2x Daily Bear ETF	$31.94	+10.98%
CGMD		$5.11	+10.61%
SOXD		$15.41	+7.69%
AAPU		$43.36	+7.33%
MSTZ		$3.24	+7.28%
GASD		$5.46	+6.64%

CIBC Investor's Edge

Mackenzie US Large Cap Equity Index ETF (QUU : TSX)

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

About Mackenzie US Large Cap Equity Index ETF

ETF Details

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Frequently Asked Questions — QUU