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 $302.60 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: +11.36%, 1-year: +21.92%, 3-year annualised: +22.31%, 5-year annualised: +14.95%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.52, 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, 6.4%), Microsoft Corporation (MSFT, 4.2%), Amazon.com Inc (AMZN, 3.5%), 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 (37.5%), Financial Services (11.7%), Communication Services (10.6%). 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 $6.19B 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 11.93% and a beta of 1.01 (roughly in line with the broad market). Its 3-year Sharpe ratio of 1.52 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
2026-07-20	$305.45	$305.45	$302.51	$302.60	$302.60	4,106
2026-07-17	$301.29	$303.43	$301.29	$303.43	$303.43	696
2026-07-16	$305.15	$306.39	$305.04	$305.04	$305.04	1,379
2026-07-15	$306.71	$308.00	$305.89	$306.95	$306.95	2,399
2026-07-14	$306.71	$307.21	$306.38	$306.88	$306.88	3,324
2026-07-13	$308.56	$308.94	$307.59	$307.59	$307.59	4,247
2026-07-10	$308.99	$310.44	$308.59	$310.44	$310.44	2,537
2026-07-09	$307.10	$309.25	$307.10	$309.25	$309.25	2,433
2026-07-08	$306.04	$306.75	$305.03	$306.38	$306.38	4,796
2026-07-07	$310.37	$310.37	$307.70	$307.72	$307.72	2,884

#	Ticker	Name	Weight
1	NVDA	NVIDIA Corporation	7.19%
2	AAPL	Apple Inc.	6.37%
3	MSFT	Microsoft Corporation	4.21%
4	AMZN	Amazon.com Inc	3.52%
5	GOOGL	Alphabet Inc Class A	3.20%
6	GOOG	Alphabet Inc Class C	2.75%
7	AVGO	Broadcom Inc	2.70%
8	TSLA	Tesla Inc	2.16%
9	MU	Micron Technology Inc	2.00%
10	META	Meta Platforms Inc.	1.90%

Sector	Weight
Technology	37.51%
Financial Services	11.73%
Communication Services	10.60%
Consumer Cyclicals	9.55%
Healthcare	8.96%
Industrials	8.55%
Consumer Defensive	4.39%
Energy	3.23%
Utilities	2.13%
Basic Materials	1.72%
Real Estate	1.65%

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

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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