TipRanks
Go Ultimate55% OFF

Mackenzie GQE US Alpha Extension ETF Trust Unit (TSE:MALX) Price & Chart

TSE:MALX ETF Chart & Stats

CA$24.98
At close: 4:00 PM EDT
CAD 25CAD 25.5CAD 26CAD 26.54 Aug17 Aug31 Aug14 Sep28 Sep13 Oct27 Oct
Day’s Range
CAD 24.96 - CAD 25.26
52-Week Range
CAD 20.60 - CAD 26.93
Previous Close
CAD 25.47
Volume
12.85K
Average Volume (3M)
3,987
AUM
36.62M
NAV
25.53
Expense Ratio
1.40%
Holdings Count
200
Beta
0.51
Inception Date
Aug 19, 2025
Last Dividend Ex-Date
N/A
Dividend Yield
N/A
Shares Outstanding
1,425,000
Standard Deviation
N/A

ETF Overview

Mackenzie GQE US Alpha Extension ETF Trust Unit

Mackenzie GQE US Alpha Extension ETF Trust Unit (TSE:MALX) is a sophisticated investment vehicle designed for investors seeking to capitalize on the dynamic opportunities within the U.S. equity market. As part of the esteemed Mackenzie family, this ETF is classified under the category of equity strategies, with a particular focus on alpha extension. It strategically combines long and short positions, aiming to enhance returns and manage risk more effectively than traditional long-only strategies. The fund leverages Mackenzie's proprietary quantitative models to identify undervalued securities poised for growth, while simultaneously shorting overvalued stocks to generate additional alpha. This approach not only seeks to optimize returns but also provides a unique risk-adjusted exposure to the U.S. market, making it a compelling choice for investors looking to diversify their portfolios with a tactical edge. Mackenzie GQE US Alpha Extension ETF Trust Unit stands out in its niche by offering a disciplined, research-driven investment strategy that harnesses both growth and defensive characteristics. This ETF is ideal for investors who appreciate the nuances of active management and are looking to enhance their U.S. equity exposure with a sophisticated, tactical investment solution.

TSE:MALX ETF FAQ

What was TSE:MALX’s price range in the past 12 months?
TSE:MALX’s lowest price in the past 12 months was CAD 20.60 and its highest was CAD 26.93.
What is the AUM of TSE:MALX?
As of Oct 29, 2026, the AUM of TSE:MALX is C$36.62M.
Is TSE:MALX overvalued?
Based on Wall Street analyst price targets for TSE:MALX’s holdings, TSE:MALX’s price is currently undervalued.
How many shares outstanding does TSE:MALX have?
TSE:MALX has 1,425,000 shares outstanding.