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QDXB ETF · Mackenzie Developed ex-North America Aggregate Bond Index ETF
The QDXB Exchange Traded Fund (ETF) is provided by Mackenzie Investments. It is built to track an index: Solactive Ex-North America DM Select Global Aggregate Bond Index. The QDXB ETF provides physical exposure, so by buying it you actually own parts of all the 274 underlying holdings. This share class generates a stream of income by distributing dividends.
Last update Yesterday at 1:30 PM UTC
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This fund is part ofInternational Aggregate Bonds1M perf.-2.91%
Last price
$87.25
1M perf.
-1.29%
1M flows
+€2.8M
AuM
€25M
E/R
0.33%
Rating
ESG Consensus®
QDXB
$87.25
Performance & flows
Segment for quartile rank
December 17, 2025 → March 17, 2026
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QDXB
$87.11
-0.16%
International Aggregate Bonds
-0.07%
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | -1.29%  | -0.16%  | +1.58%  | +6.92% | -3.64% | -1.77% | -0.21% | -0.21% | |
| Flows |
Key fund info
Segment for quartile rank
This ETF's jurisdiction country is not in your region (Europe and Middle East) ·
Main characteristics
Issuer
CUSIP
55454P109
ISIN
CA55454P1099
AuM
€25M
E/R
0.33%
Replication rating
ESG Consensus®
More details
NAV
3/17/2026
$87.16
1D NAV change
+0.21%
Dividend policy
Replication method
Direct (Physical)
Replication model
Optimized sampling
No. of holdings
274
Inception date
9/24/2020
Jurisdiction
Canada
Distribution
Canada
Legal structure
Open-end Fund
Base currency
CAD
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
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Classification
Product type
Benchmark
Solactive Ex-North America DM Select Global Aggregate Bond Index
Asset class
Factors
N/A
Investment strategy
The fund seeks to replicate, to the extent possible and before fees and expenses, the performance of the Solactive Ex-North America DM Select Global Aggregate Bond Hedged to CAD Index, or any successor thereto. It invests primarily in investment grade fixedincome securities of issuers within developed world markets, excluding North America. Foreign currency exposure is hedged back to the Canadian dollar
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Risk profile
Segment for quartile rank
Historical risk/return profile
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Returns | -0.16% | +1.58% | +6.92% | -3.64% |
| Volatility | ||||
| Perf./Volatility | ||||
| Max drawdown |
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
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Enterprise
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Countries
France
15.83%
Japan
12.76%
Germany
11.31%
Italy
10.20%
United Kingdom
8.53%
Spain
7.21%
USA
6.87%
Belgium
3.48%
Unavailable
5.19%
Other
18.63%
Sectors
Sovereign
57.36%
Banks
14.56%
Power
1.74%
Communication services
1.43%
Financial markets
1.23%
Medical devices
1.23%
Oil and gas extraction and refining
1.16%
Insurance and reinsurance
1.03%
Unavailable
14.36%
Other
5.89%
Diversification
Total weight of top 15 holdings out of 274
Top 15 holdings
Data as of January 31, 2026
JP1051811RA8
Germany, Bund 4.75% 4jul2028, EUR
Spain, OBL 3.45% 31oct2034, EUR
Japan, JGB 0.6% 20jun2037, JPY
Spain, OBL 2.5% 31may2027, EUR
Italy, BTP 0.9% 01apr2031, EUR
France, OAT 2.4% 24sep2028, EUR
Germany, Bobl 2.4% 19oct2028, EUR
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France, OAT 1% 25may2027, EUR
Japan, JGB 1.4% 20dec2045, JPY
United Kingdom, Gilt 4.25% 07mar2036, GBP
Italy, BTP 3.35% 01mar2035, EUR
XS3167346934
OMERS ADMINISTRATION CORP, 3.25% 28jan2035, EUR
JP1103781R44
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Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
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Integrates ESG criteria
No
SDG
ESG Consensus® by Conser
Data as of December 31, 2025
MethodologyOur partner Conser gathers the industry's consensus on the business practices of the underlying holdings. We have computed the following metrics about QDXB ETF's sustainability, based on their methodology.
ESG Consensus®
ESG Consensus® is based on the Final Sustainability Grade, which itself consists of 10 grades. Our partner Conser calculates the exact grade, based on market intelligence, using their proprietary ESG Consensus® methodology.
QDXB’s has a Final Sustainability Grade of either A+, A, or A-.
A+
A
A-
B+
B
B-
C+
C
C-
D
This fund’s exact Final Sustainability Grade is available in Trackinsight Enterprise.
Learn more about Trackinsight EnterpriseHoldings review
91.79% of holdings have positive scoring
8.14% of holdings have negative scoring
50.55%
34.76%
6.49%
Consensus levels
Strong
Medium
Weak
No data on remaining < 1% of holdings
Built for professionals: access exclusive sustainability metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseReplication
Trackinsight replication rating:
Replication quality
Calculated over 12m, as of February 27, 2026
Tracking error
Tracking difference
Replication information
Index
Solactive Ex-North America DM Select Global Aggregate Bond Net Total Return Index - CAD Hedged
Index ticker
SOLENANH Index
Index dividend policy
NTR
Replication method
Replication model
Built for professionals: access exclusive replication metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseIssuer
Mackenzie Investments
Mackenzie Investments ID Card
Number of funds
63
Total AuM
€16.72B
Expense ratio range
0.04% - 0.9%
Average expense ratio
0.4174%
Top 5 funds by Mackenzie Investments
Frequently asked questions about QDXB
What does Mackenzie Developed ex-North America Aggregate Bond Index ETF, QDXB, invest in?
QDXB is a Passive ETF. This ETF provides exposure to Developed markets Investment Grade Aggregate Bonds.
Which benchmark or index does QDXB replicate?
QDXB tracks the Solactive Ex-North America DM Select Global Aggregate Bond Net Total Return Index - CAD Hedged, through a optimized sampling replication method.
What is the Total Expense ratio (TER) of QDXB?
QDXB carries a total expense ratio (TER) of 0.33%, indicating the annual cost for holding the fund.
When was QDXB launched?
QDXB was introduced to the market on September 24, 2020. It trades on Canada
Who is the ETF issuer of QDXB?
Mackenzie Developed ex-North America Aggregate Bond Index ETF, QDXB, is provided by Mackenzie Investments. Learn more about Mackenzie Investments here.
What is the current assets under management (AUM) of QDXB?
QDXB oversees €25M in assets as of March 17, 2026.
How has QDXB performed lately?
Based on data from March 17, 2026, QDXB returned -1.29% over the past month, -0.16% over the last three months and -0.21% year-to-date.
What are the latest inflows or outflows for QDXB?
As of March 17, 2026, QDXB recorded net flows of +€2.8M over the last month and +€2.8M year-to-date.
Does QDXB distribute dividends?
QDXB follows a distributing dividend policy, meaning it pays out income to investors. As of March 17, 2026, its 12-month trailing yield was 1.96%.
What are the main country or region exposures of QDXB?
As of January 31, 2026, QDXB has significant geographic allocations in France, Japan and Germany.
In which sector or theme does QDXB invest in?
As of January 31, 2026, QDXB focuses largely on Sovereign, Banks and Power.
How many securities does QDXB hold and how diversified is it?
As of January 31, 2026, QDXB holds 274 positions in its portfolio, with 24.69% of assets concentrated in its top 15 holdings.
What are the main positions in QDXB?
As of January 31, 2026, QDXB top three holdings include JP1051811RA8, Germany, Bund 4.75% 4jul2028, EUR and Spain, OBL 3.45% 31oct2034, EUR.
What is the base currency of QDXB?
The base currency of QDXB is CAD.
Is QDXB currency-hedged?
QDXB is hedged, meaning it seeks to minimize the impact of currency fluctuations between its base currency and the currency of the underlying assets.
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