Mackenzie Developed ex North Etf Performance

QDXB Etf   87.20  -0.23  -0.26%   
The etf retains a Market Volatility (i.e., Beta) of 0.0406, which alludes to relatively modest fluctuations relative to the market. Returns on Mackenzie Developed tend to trail the broader market in strong rallies but hold up better when sentiment turns negative.
Risk-Adjusted Performance
Weak
 
Weak
 
Strong
Over the last 90 days, Mackenzie Developed ex North generated negative risk-adjusted returns and added little value for investors with long positions. The result matters because weak risk-adjusted return can persist even when isolated price moves briefly look constructive. In spite of very healthy basic indicators, Mackenzie Developed is not utilizing all of its potential. The recent price disarray may contribute to short-term losses for investors. Learn More
  

Relative Risk vs. Return Landscape

If you had invested C$ 8,774 in Mackenzie Developed ex North on December 13, 2025 and sold it today you would have lost C$ 54.00 from holding Mackenzie Developed ex North or given up 0.62% of portfolio value over 90 days. Mackenzie Developed ex North is generating negative expected returns and shows 0.2439% volatility on return distribution over a 90-day horizon. Simply put, 2% of etfs are less volatile than Mackenzie, and 99% of all equity instruments are likely to generate higher returns than the ETF over the next 90 trading days.
  Expected Return   
       Risk  
This benchmark view frames the instrument through return capture and volatility trade-offs. It is intended to show how efficiently risk has translated into return over the selected horizon. Assuming the 90-day trading horizon Mackenzie Developed is expected to generate 0.31 times more return on investment than the market. However, the ETF is 3.25 times less risky than the market. It trades about -0.04 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly -0.08 per unit of risk.

Historical Prices of Mackenzie Developed

Below is the normalized historical share price chart for Mackenzie Developed ex North extending back to December 18, 2020. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Mackenzie Developed stands at 87.20, as last reported on the 13th of March 2026, with the highest price reaching 87.24 and the lowest price hitting 87.15 during the day.
Macro event markers
 
Covid
 
Interest Hikes

Target Price Odds to finish over Current Price

The pattern of price convergence toward an average value is one of the most reliable features of organized ETF markets. For Mackenzie Etf, this behavior has been used by investors as a forecasting baseline, though some ETFs exhibit notable delays before mispricing is corrected.
Current PriceHorizonTarget PriceOdds moving above the current price in 90 days
87.20 90 days 87.20
roughly 96.0
A probability distribution analysis shows that the odds of Mackenzie Developed moving above the current price in 90 days from now are roughly 96.0 (The curve above represents the probability density of Mackenzie Etf prices across the next 90 days).
Assuming the 90-day trading horizon Mackenzie Developed has a beta of 0.0406 indicating as returns on the market go up, Mackenzie Developed's average returns are expected to increase less than the benchmark. However, during a bear market, the loss from holding Mackenzie Developed ex North is expected to be smaller as well. Additionally, Mackenzie Developed ex North has a negative alpha, implying that the risk taken by holding this instrument is not justified. The ETF is significantly underperforming the Dow Jones Industrial.
   Mackenzie Developed Price Density   
       Price  

Predictive Modules for Mackenzie Developed

Forecasting techniques for the ETF market vary widely in methodology and complexity. For instruments such as Mackenzie Developed, combining multiple approaches provides a more robust view than relying on any single model. Market surprises are inevitable, but disciplined forecasting still improves overall investment decision-making.
Investors who believe in mean reversion view Mackenzie Developed's price extremes not as permanent states but as temporary dislocations that create opportunities for disciplined, contrarian capital allocation.
Hype
Prediction
LowEstimatedHigh
86.9787.2187.45
Details
Intrinsic
Valuation
LowRealHigh
78.4887.4587.69
Details
Naive
Forecast
LowNextHigh
86.0986.3386.57
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
87.3188.4189.51
Details
A complete picture of Mackenzie Developed's investment merit requires comparative analysis. How Mackenzie Developed's growth rates, profitability, and capital efficiency stack up against peers is often the deciding factor in investment decisions.

Primary Risk Indicators

The last 10-20 years have demonstrated just how volatile the etf market can be. Mackenzie Developed has been part of this story, with corrections and rallies that have made and broken portfolios. Holding Mackenzie Developed ex North with a hedging strategy informed by Mackenzie Developed's risk indicators is one way to limit downside exposure.
α
Alpha over Dow Jones
-0.0155
β
Beta against Dow Jones0.04
σ
Overall volatility
0.47
Ir
Information ratio 0.11

Investor Alerts and Insights

Timely alerts on Mackenzie Developed help investors identify important shifts in ETF conditions early. Reviewing Mackenzie Developed notifications is an efficient way to stay current on technical patterns, fundamental changes, and market-moving headlines.
Mackenzie Developed generated a negative expected return over the last 90 days
Latest headline from news.google.com: Stock Trading Blueprint - Stock Traders Daily
The fund generated five year return of -1.0%

Mackenzie Developed Fundamentals Growth

Understanding Mackenzie Etf requires a close look at Mackenzie Developed's financial fundamentals. Revenue growth, earnings consistency, operating margins, and capital structure are the principal factors that influence Mackenzie Etf market performance.

Performance Metrics & Calculation Methodology

Mackenzie Developed performance is typically evaluated relative to its benchmark and tracking difference over time. Tracking difference (where applicable) can separate exposure returns from implementation effects.

This section for Mackenzie Developed ex North is built from fund disclosures and market reference feeds, with harmonization applied to align reporting definitions. Values may update on different source schedules. Return and risk statistics are calculated from historical price series.

This content is curated and reviewed by:

Vlad Skutelnik - Macroaxis Contributor