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Open Edition. Wednesday, August 26, 2026

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$46.05
+0.35%

Headline

XEQT gains 0.35% in early trading as all four sleeves advance.

XEQT was trading at $46.05, up 0.35% in early trading, as all four regional sleeves posted gains. The United States sleeve contributed the most, advancing 0.37% and accounting for roughly half of XEQT's move, buoyed by technology and industrials strength. Emerging markets led in percentage terms at 0.57%, with Taiwan advancing 1.58% and driving most of the sleeve's gain. Oil prices fell sharply in early trade on hopes of a Strait of Hormuz reopening, while U.S. inflation data came in slightly weaker than expected, keeping bond yields elevated. Canada, International Developed, and Emerging Markets each contributed modest positive support.

How large is this morning's move?

Typical day · This morning's +0.35% move is 0.6× 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

    25.91% of XEQT

    • XIC.TO
    +0.27% +0.07 pts to XEQT

    The Canadian sleeve rose 0.27%, with energy posting a notable 1.01% gain that more than offset a 0.99% decline in materials. Financials contributed a solid 0.36%, reflecting broad stability in the banking sector as investors navigated weaker inflation data and lower commodity prices. Energy's outperformance was tempered by crude oil's early retreat, though the lower price supported broader market sentiment.

    Canada market region icon

  • United States

    44.75% of XEQT

    • XTOT.TO
    • ITOT
    +0.37% +0.16 pts to XEQT

    The U.S. sleeve advanced 0.37%, with technology leading the way at 0.46% and industrials adding 1.09% to offset weakness in health care, consumer discretionary, and communication services. The Canadian dollar's 0.26% decline provided a translation benefit to U.S. equity holdings, boosting reported returns for Canadian-dollar investors. Inflation data's mixed signal left investors awaiting Nvidia's earnings report to guide the afternoon session.

    United States market region icon

  • Intl Developed

    24.49% of XEQT

    • XEF.TO
    +0.27% +0.06 pts to XEQT

    International Developed markets rose 0.27% as Japan's 0.23% gain and strength across continental Europe offset modest losses in the United Kingdom and Australia. Lower oil prices weighed on UK energy majors, though the broader index benefited from falling bond yield expectations and renewed interest in economically sensitive sectors. Falling crude energy prices provided a slight headwind to European equity performance early in the session.

    Intl Developed market region icon

  • Emerging Mrkts

    4.69% of XEQT

    • XEC.TO
    +0.57% +0.03 pts to XEQT

    Emerging Markets surged 0.57%, with Taiwan's 1.58% advance driving the bulk of the sleeve's gain and accounting for the strongest regional performer across all of XEQT. China added 0.26% and Brazil climbed 0.54%, while India saw a 0.53% decline and South Africa fell 1.02% on weakness in IT and financials. The broad positive tilt reflected cautious optimism ahead of corporate earnings and lower oil prices supporting growth-linked sentiment.

    Emerging Markets market region icon

Colored bars represent biggest contributors to XEQT's move this morning (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

Early strength in U.S. technology and industrials, combined with a broad emerging markets rally led by Taiwan, allowed XEQT to advance despite headwinds in health care and consumer discretionary. Crude oil's retreat to 81.30 removed near-term sector pressure, while the Canadian dollar's 0.26% weakening provided a modest tailwind to U.S. equity translations. At 0.35%, this move sits within the recent daily average range and underscores the resilience of diversified exposure across geographies and sectors during a session dominated by macro data flow and earnings anticipation.

Signals

  • 01

    Taiwan leads but within a modest-weight sleeve

    Taiwan's 1.58% jump lifted Emerging Markets to a 0.57% gain, making it the strongest sleeve in percentage terms despite representing only 4.69% of XEQT. This outperformance reflects concentrated strength in a smaller sleeve, which amplifies the sleeve's daily volatility without materially moving the total fund. For a long-term holder, this shows how allocation weight shapes the influence of regional rallies on portfolio returns.

  • 02

    Energy rises despite crude pullback

    Oil prices fell 1.29% in early trading on Hormuz reopening hopes, which typically pressures energy producers. Yet Canadian Energy rose 1.01%, defying the crude decline, while U.S. Energy gained 0.55%. This suggests supply-side optimism or market-specific factors offset the near-term price headwind. The divergence warrants watching as the session develops and clarity on geopolitical risk emerges.

  • 03

    Treasury yields climb despite soft inflation

    The 10-Year U.S. Treasury yield rose 0.37 basis points to 4.6560%, suggesting upward rate pressure even as inflation data disappointed. This higher-yield environment typically favors rate-sensitive sectors like utilities and real estate, yet U.S. Utilities and Financials remain under pressure in early trading. Rate direction deserves attention as it may signal a shift in how markets are pricing Fed policy through Nvidia's report and Jackson Hole developments.

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Event Window

Key events from the last 20 days

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Jul 29 to Aug 26 · $44.13 → $46.05

+4.35%