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 $305.15 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: +12.29%, 1-year: +20.15%, 3-year annualised: +23.06%, 5-year annualised: +14.21%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.39, 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, 7.2%), 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 (37.7%), Financial Services (11.6%), Healthcare (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 $6.33B 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 12.21% and a beta of 1.01 (roughly in line with the broad market). Its 3-year Sharpe ratio of 1.39 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
2026-08-20	$302.70	$306.84	$302.70	$305.15	$305.15	1,935
2026-08-19	$309.40	$309.40	$308.33	$308.33	$308.33	772
2026-08-18	$311.45	$311.45	$309.44	$309.54	$309.54	3,329
2026-08-17	$311.85	$312.25	$311.16	$311.17	$311.17	6,035
2026-08-14	$314.32	$314.32	$312.41	$312.47	$312.47	1,512
2026-08-13	$314.33	$314.63	$313.74	$314.57	$314.57	1,415
2026-08-12	$312.14	$313.01	$311.86	$312.65	$312.65	1,891
2026-08-11	$312.60	$312.60	$311.07	$311.07	$311.07	5,632
2026-08-10	$312.30	$313.29	$311.91	$312.33	$312.33	2,608
2026-08-07	$311.49	$312.30	$311.49	$312.30	$312.30	526

#	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	37.72%
Financial Services	11.61%
Healthcare	9.80%
Communication Services	9.62%
Consumer Cyclicals	9.28%
Industrials	8.52%
Consumer Defensive	4.45%
Energy	3.56%
Utilities	2.03%
Basic Materials	1.76%
Real Estate	1.63%

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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