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 $305.96 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: +12.59%, 1-year: +27.87%, 3-year annualised: +23.64%, 5-year annualised: +16.22%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.56, 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 0.89%, 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, 7.5%), Apple Inc (AAPL, 6.8%), Microsoft Corporation (MSFT, 5.0%), Amazon.com Inc (AMZN, 4.0%), Alphabet Inc Class A (GOOGL, 3.4%) — 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 (37.5%), Financial Services (11.3%), Communication Services (10.5%). 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 $6.06B 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 12.14% and a beta of 1.01 (roughly in line with the broad market). Its 3-year Sharpe ratio of 1.56 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
2026-06-22	$305.16	$308.47	$305.16	$305.96	$305.96	2,692
2026-06-19	$307.76	$308.47	$307.73	$308.32	$308.32	1,600
2026-06-18	$305.60	$307.61	$305.60	$307.53	$307.53	1,022
2026-06-17	$304.07	$305.52	$302.92	$303.80	$303.80	10,857
2026-06-16	$306.43	$306.43	$304.45	$304.46	$304.46	3,683
2026-06-15	$305.67	$306.64	$305.67	$306.11	$306.11	2,869
2026-06-12	$299.98	$301.15	$299.52	$300.75	$300.75	23,328
2026-06-11	$296.79	$299.30	$294.51	$298.81	$298.81	13,453
2026-06-10	$296.42	$297.77	$293.44	$293.56	$293.56	19,594
2026-06-09	$301.45	$301.45	$292.42	$297.96	$297.96	8,854

#	Ticker	Name	Weight
1	NVDA	NVIDIA Corporation	7.51%
2	AAPL	Apple Inc	6.80%
3	MSFT	Microsoft Corporation	5.03%
4	AMZN	Amazon.com Inc	3.96%
5	GOOGL	Alphabet Inc Class A	3.37%
6	AVGO	Broadcom Inc	3.16%
7	GOOG	Alphabet Inc Class C	2.90%
8	TSLA	Tesla Inc	2.22%
9	META	Meta Platforms Inc.	2.11%
10	MU	Micron Technology Inc	1.66%

Sector	Weight
Technology	37.48%
Financial Services	11.26%
Communication Services	10.49%
Consumer Cyclicals	9.57%
Healthcare	8.98%
Industrials	8.42%
Consumer Defensive	4.71%
Energy	3.44%
Utilities	2.15%
Basic Materials	1.77%
Real Estate	1.72%

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

CIBC Investor's Edge

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