MWD:CA:TSX-Mackenzie Maximum Diversification All World Developed Index ETF (CAD)

ETF | Global Equity | Toronto Stock Exchange

Last Closing Price

CAD 24.04


+0.09 (+0.38)%

Market Cap

CAD 0.28B



Average Target Price

Average Analyst Rating


STA Verdict



Seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the TOBAM Maximum Diversification All World Developed Index, or any successor thereto. It invests primarily in equity securities of developed world markets.

Inception Date: 07/09/2016

Primary Benchmark: TOBAM Max Div AW Dvlp TR CAD

Primary Index: MSCI World GR CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.66 %

Unadjusted Closing Price

Adjusted Closing Price



Top Sectors


Top Regions


Share Volume

Relative Performance (Total Returns)

Relative Returns (From:    To: 2019-03-18 )

Largest Industry Peers for Global Equity

Symbol Name Mer Price(Change) Market Cap
XAW:CA iShares Core MSCI All Country .. 0.22 %

+0.13 (+0.50%)

CAD 0.97B
VXC:CA Vanguard FTSE Global All Cap e.. 0.27 %

+0.20 (+0.54%)

CAD 0.83B
RWW.B:CA First Asset MSCI World Low Ris.. 0.65 %

+0.32 (+0.95%)

CAD 0.72B
XWD:CA iShares MSCI World Index ETF 0.47 %

+0.18 (+0.35%)

CAD 0.65B
DXG:CA Dynamic iShares Active Global .. 0.91 %

+0.06 (+0.19%)

CAD 0.25B
HAZ:CA Horizons Active Global Dividen.. 0.94 %

+0.09 (+0.42%)

CAD 0.18B
CYH:CA iShares Global Monthly Dividen.. 0.65 %

+0.05 (+0.25%)

CAD 0.17B
XMW:CA iShares Edge MSCI Min Vol Glob.. 0.48 %

+0.07 (+0.17%)

CAD 0.13B
VVL:CA Vanguard Global Value Factor E.. 0.40 %

+0.29 (+0.88%)

CAD 0.08B
XDG:CA iShares Core MSCI Global Quali.. 0.22 %

+0.09 (+0.43%)

CAD 0.08B

ETFs Containing MWD:CA

Symbol Name Weight Mer Price(Change) Market Cap


Market Performance

  Market Performance vs.
Industry/Classification (Global Equity)
Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Capital Gain 9.72% 47% F 64% D
Dividend Return 0.20% 11% F 3% F
Total Return 9.92% 47% F 63% D
Trailing 12 Months  
Capital Gain -0.17% 39% F 65% D
Dividend Return 0.95% 18% F 7% F
Total Return 0.78% 32% F 53% F
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain 5.48% 60% D- 73% C
Dividend Return 6.01% 50% F 66% D
Total Return 0.53% 30% F 9% F
Risk Return Profile  
Volatility (Standard Deviation) 7.03% 57% F 73% C
Risk Adjusted Return 85.53% 50% F 85% B
Market Capitalization 8.01M 88% B+ 71% C-
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.