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Close Edition. Tuesday, September 22, 2026

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$46.28
+0.50%

Headline

XEQT rises 0.50% as Canadian materials lead a broad four-sleeve advance

XEQT closed at $46.28, up 0.50%, as all four regional sleeves advanced. Canada was the single largest contributor, adding 0.22 percentage points, driven almost entirely by a surge in materials stocks that more than offset declines in financials and energy. The U.S. sleeve added 0.16 pp, with technology the clear positive force against weakness in financials and communication services. International developed markets and emerging markets each contributed positively, completing a session of broad if uneven gains.

How large is today's move?

Typical day · Today's +0.50% move is 1.0× 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

    25.28% of XEQT

    • XIC.TO
    +0.88% +0.22 pts to XEQT

    Canadian equities rose 0.88%, the strongest sleeve gain of the session. Materials added 3.56%, the largest tracked sector move, consistent with gold rising 0.28% and copper climbing nearly 2%. That strength more than offset declines in financials, which fell 0.87%, and energy, which slipped 0.64% alongside a 2.73% drop in WTI crude. Information technology and industrials also contributed positively.

    Canada market region icon

  • United States

    45.52% of XEQT

    • XTOT.TO
    • ITOT
    +0.36% +0.16 pts to XEQT

    The U.S. sleeve gained 0.36%, with technology rising 0.73% and providing the dominant positive contribution among tracked sectors. Financials fell 1.97% and communication services dropped 1.06%, limiting the sleeve's overall advance. The CAD/USD move was modest and the gap between XTOT and CAD-adjusted ITOT was within ordinary range.

    United States market region icon

  • Intl Developed

    24.20% of XEQT

    • XEF.TO
    +0.52% +0.12 pts to XEQT

    International developed markets rose 0.52%, contributing 0.125 pp. Japan was the clearest driver among tracked markets, advancing 0.84% and supplying the largest within-sleeve contribution. The Netherlands and Switzerland also gained. European trading was mixed: the DAX closed little changed, with oil retreating below $100 providing some support while geopolitical caution capped gains, consistent with the modest positive outcome for the sleeve.

    Intl Developed market region icon

  • Emerging Mrkts

    4.90% of XEQT

    • XEC.TO
    +0.79% +0.04 pts to XEQT

    Emerging markets gained 0.79%, though the sleeve's small weight limited its XEQT contribution to 0.04 pp. South Korean equities rose 1.83% and were the dominant positive force among tracked markets, more than offsetting declines in Taiwan-related equities and India. China added 0.46%, providing supplementary support.

    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 contributing positively is worth noting, but the session's character was shaped by a single domestic sector, not broad uniformity. Canadian materials accounted for the largest tracked within-sleeve contribution of any region, offsetting declines in Canadian financials and energy that would otherwise have weighed on the fund. The composition of today's gain reflects concentration at the sector level even as the headline return looks broad. WTI crude slipping 2.7% created a divergence within Canada itself, rewarding materials while pressuring energy, and that internal offset is the more instructive detail from this session.

Signals

  • 01

    Oil drop splits Canadian sectors

    WTI crude oil, a global benchmark for energy prices, fell 2.73% to $89.85. Within Canada, that drop weighed on energy stocks even as materials surged, creating a sharp intra-sleeve split where a single sector gain of 3.56% carried an entire sleeve that would otherwise have lagged.

  • 02

    U.S. tech-financials divergence widens

    U.S. financials fell 1.97% while technology rose 0.73%, a sectoral divergence of nearly 2.7 percentage points within the same sleeve. The 10-year Treasury yield, which moves inversely to bond prices and affects the profitability of lending, edged up to 4.97%, a level that historically pressures bank earnings expectations and explains the gap between rate-sensitive and growth-oriented sectors.

  • 03

    VIX falls to signal calm session

    The VIX, a measure of expected near-term volatility in U.S. equities derived from options pricing, fell 4.44% to 14.21, a level consistent with calm market conditions. A VIX reading this low, combined with positive returns across all four sleeves, suggests the session's gains were not defensive in character but reflected broadly settled risk appetite.

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Aug 25 to Sep 22 · $45.89 → $46.28

+0.85%