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Close Edition. Tuesday, June 30, 2026

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$45.10
+0.40%

Headline

XEQT closes the quarter higher as U.S. technology and emerging market strength carry the day.

XEQT closed at $45.10, rising 0.40% on the final session of the second quarter, as all four regional sleeves contributed positively. The U.S. sleeve was the dominant force, adding 0.265 percentage points to the fund's gain, driven by a 2.76% advance in U.S. technology equities. U.S. stocks closed out what the Financial Times described as their strongest quarter in six years, with AI-related names among the session's leaders. Emerging markets, though the smallest sleeve at roughly 5% of XEQT, punched above their weight with a 1.13% gain, while Canada and international developed markets made modest but positive contributions.

How large is today's move?

Typical day · Today's +0.40% move is 0.5× the 20-day average move.

This scale measures size, not what to do. Larger moves are a normal part of holding a global all-equity fund.

The Regions

  • Canada

    24.94% of XEQT

    • XIC.TO
    +0.13% +0.03 pts to XEQT

    The Canadian sleeve added 0.13%, contributing 0.031 percentage points to XEQT. Financials were the clear driver, rising 0.74% and accounting for most of the sleeve's gain, with materials and industrials also advancing. Energy and consumer staples weighed on the sleeve, declining 0.25% and 1.05% respectively among the sectors tracked.

    Canada market region icon

  • United States

    45.50% of XEQT

    • XTOT.TO
    • ITOT
    +0.58% +0.27 pts to XEQT

    The U.S. sleeve rose 0.58%, supplying roughly two-thirds of XEQT's total gain. Technology equities surged 2.76% among the sectors tracked, with quarter-end optimism and a rebound in AI-related names driving the move. Health care fell 1.29% and consumer staples dropped 1.54% within the covered sectors, partially offsetting what was otherwise a technology-led session.

    United States market region icon

  • Intl Developed

    24.42% of XEQT

    • XEF.TO
    +0.17% +0.04 pts to XEQT

    XEF.TO gained 0.17%, contributing 0.043 percentage points to XEQT. Continental European markets provided most of the lift: the Netherlands rose 1.82% and Germany climbed 1.08% among the markets tracked, consistent with reports of broad European equity strength on AI optimism heading into quarter-end. Switzerland declined 0.63% within the covered exposures, tempering the overall sleeve result.

    Intl Developed market region icon

  • Emerging Mrkts

    4.97% of XEQT

    • XEC.TO
    +1.13% +0.06 pts to XEQT

    Despite representing less than 5% of XEQT, the emerging markets sleeve rose 1.13% and added 0.056 percentage points to the fund. Taiwan equities advanced 2.67% and South Korean equities rose 2.23% among the markets tracked, with Focus Taiwan reporting a 2.5% gain in Taipei shares. China and India contributed more modestly, while Latin American and Middle Eastern markets within the tracked set declined.

    Emerging Markets market region icon

Colored bars represent biggest contributors to XEQT's move today (threshold = ±0.1 percentage points). Returns are daily ETF price moves for tracked regional or sector categories and may differ slightly from raw index movements.

The Hold Line

All four sleeves finishing positive on the final day of the quarter reflects a meaningful improvement from mid-June lows, when XEQT briefly traded below $43.50. The session's most instructive detail is the contrast inside the U.S. sleeve: technology advanced sharply while health care and consumer staples declined, meaning the gain was concentrated rather than uniformly broad. That concentration is worth keeping in view as the new quarter begins. A 0.40% close on half the fund's recent average daily swing is a steady, unspectacular end to what the data shows was a strong three months.

Signals

  • 01

    VIX drops sharply across all sleeves

    The VIX, a measure of expected near-term volatility in U.S. equities, fell 10.65% to 16.45, its largest single-session decline in the recent period. A move of this magnitude, crossing the 10% threshold, is consistent with the broad cross-sleeve advance seen across all four regions of XEQT on the same day.

  • 02

    U.S. tech concentration within sleeve

    U.S. technology contributed roughly 0.97 percentage points within the U.S. sleeve while health care and consumer staples together subtracted roughly 0.19 percentage points among the sectors tracked, a gap that illustrates how concentrated the session's gains were inside the fund's largest sleeve. For a long-term holder, this kind of rotation within a sleeve is normal at quarter-end and does not require a rebalancing response.

  • 03

    Emerging markets outsized sleeve gain

    The emerging markets sleeve's 1.13% gain was nearly three times the next-best sleeve return, powered by Taiwan and South Korea alone contributing over 1.2 percentage points within the tracked exposures, even as the sleeve represents under 5% of XEQT. The sleeve's 27.20% YTD return underscores how an outsized contribution from a small allocation can meaningfully shape full-fund performance when its largest components move together.

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Jun 3 to Jun 30 · $44.69 → $45.10

+0.92%