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Close Edition. Friday, October 2, 2026

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$45.95
+1.08%

Headline

XEQT rises 1.08% as a softer jobs report and falling oil lift all four sleeves

XEQT closed at $45.95, up 1.08%, roughly twice the fund's recent 20-day average daily move, with all four regional sleeves advancing. The U.S. jobs report, which showed softer-than-feared conditions, was credited by multiple outlets as the catalyst lifting equities broadly. The G7 release of up to 100 million barrels of oil reserves pushed WTI crude down 1.62%, relieving a pressure point that had weighed on markets in recent weeks. The result was a broad, news-driven session where the largest contributions came from the United States and international developed markets.

How large is today's move?

Larger-than-usual day · Today's +1.08% move is 2.0× 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

    24.92% of XEQT

    • XIC.TO
    +0.98% +0.24 pts to XEQT

    The Canadian sleeve gained 0.98%, contributing 0.24 percentage points to XEQT. Materials led within the covered sectors, rising 1.80%, with energy and industrials also posting gains above 1%. Financials added a steady 0.64%, and the TSX's near-350-point advance ended a string of negative sessions on the week.

    Canada market region icon

  • United States

    45.97% of XEQT

    • XTOT.TO
    • ITOT
    +1.01% +0.46 pts to XEQT

    The U.S. sleeve rose 1.01%, the largest absolute contributor at 0.46 percentage points. Technology, which makes up the plurality of tracked U.S. exposure, advanced 1.01%, while consumer discretionary added 1.13%. Health care was essentially flat, but the remaining covered sectors all posted positive returns.

    United States market region icon

  • Intl Developed

    24.10% of XEQT

    • XEF.TO
    +1.19% +0.29 pts to XEQT

    The international developed sleeve gained 1.19%, adding 0.29 percentage points. Japan was the dominant driver among covered markets, advancing 1.58%, despite the Nikkei 225 retreating from a six-week high as investors locked in gains on a strong weekly run. The DAX reclaimed the 25,000-point level, aided by falling oil prices. France was a notable tension point, with the French 10-year spread approaching 150 basis points versus Germany, yet equities there still finished higher. Hong Kong slid 2.66% within tracked exposures, partly offsetting those gains.

    Intl Developed market region icon

  • Emerging Mrkts

    4.91% of XEQT

    • XEC.TO
    +1.38% +0.07 pts to XEQT

    Emerging markets posted the strongest sleeve return of the session at 1.38%, though the contribution to XEQT was modest at 0.07 percentage points given the sleeve's 4.9% weight. Taiwan and South Korea drove the result, rising 3.15% and 3.10% respectively among the covered exposures, with semiconductor-sector momentum a notable backdrop in Korea. China fell 1.67% within tracked instruments, providing a meaningful offset, but the strength in northeast Asian technology markets was sufficient to lift the sleeve overall.

    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 same session is not routine; the fund has spent much of the past month absorbing pressure from rising yields and elevated oil. The breadth here, with emerging markets contributing despite a sharp China drag and Canada posting gains across materials, energy, and financials simultaneously, reflects genuine geographic spread rather than concentration in a single driver. The 10-year Treasury yield did tick higher on the day, yet equity markets across three continents absorbed that without flinching. That kind of resilience, on a session twice the recent average move, is worth noting without reading too much into a single Friday.

Signals

  • 01

    VIX decline confirms broad risk appetite

    The VIX, a measure of expected near-term volatility in U.S. equities, fell 6.59% to 15.31, a level consistent with calm, risk-accepting conditions. When the VIX falls alongside a broad advance across all four sleeves, it signals the session's gains were not a defensive rotation but a genuine expansion of risk appetite.

  • 02

    Taiwan and Korea dominate EM sleeve

    Taiwan and South Korea together represent roughly 50% of the tracked emerging markets exposure, and both rose more than 3% on the session. For an XEQT holder, the emerging markets sleeve remains small, but days like this illustrate that its return potential is asymmetric; large moves in northeast Asian technology markets can produce outsized sleeve gains even with China acting as a drag.

  • 03

    Oil drop does not hurt Canadian producers

    WTI crude oil fell 1.62% to $91.37 after the G7 announced a release of up to 100 million barrels of reserves, a direct intervention in global supply. Canadian materials rose 1.80% and energy rose 1.37% within the covered sleeve exposures, suggesting that on this session the equity market focused on the jobs report and risk sentiment rather than treating the oil decline as a negative for commodity producers.

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Event Window

Key events from the last 20 days

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Sep 4 to Oct 2 · $45.85 → $45.95

+0.22%