🇨🇦 Canada ETF Radar · TOR

MHDC

Mackenzie Canadian High Dividend Yield ETF

Dividend / Income · Unclassified · Unclassified

Stable uptrend
Country Radar Open Chart
Recent price path MHDC recent weekly close path 27 CAD 12 Jun 2026
Weekly Return 0.4% latest completed week
4-Week Return 3.9% short momentum
Trend Gap 12.8% Trend positive
Fair Gap 17.6% vs fair value
Volume 0.2x 500 latest
Market Dynamics 1.18 positive and improving
Relative Strength - vs country ETF tape
Opportunity 31.0 composite radar score
Risk 0.0 0.0% drawdown · 1.2% volatility
Price Action

Price, Trend Line, Fair Value

12 months
MHDC weekly price action
Price Trend Line Fair Value
Market Dynamics

Pressure, strength, volume

12 months
MHDC Market Dynamics and relative strength
Market Dynamics Relative Strength Volume
Signal View

What it shows

Above Trend Line Market Dynamics improving

Trend and recent returns are aligned, so demand is still moving in the same direction.

Trend, drawdown, and follow-through are constructive.

MHDC sits in Dividend / Income, so read it as a Canada exposure first and a single ETF second.

The latest week moved 0.4%; the four-week move is 3.9%, which helps separate one-week noise from actual follow-through.

Trend is positive, volume is running at 0.2x, and Market Dynamics is not showing a buy signal.

Opportunity Signals

What could be improving

  • Price is above fair value with a positive trend setup
  • Composite opportunity score is in the stronger part of the radar
Risk Signals

What needs caution

  • Thin relative volume can make the signal less reliable
Peers

Same category

Closest category peers ranked by the current radar score.

10 peers
1 RBNK · TOR RBC Canadian Bank Yield Index ETF 🇨🇦 Canada · Dividend / Income Trend and recent returns are aligned, so demand is still moving in the same direction. Week 3.7% 4W 9.2% Vol 1.4x 3.7% 2 TBNK · TOR TD Canadian Bank Dividend Index ETF 🇨🇦 Canada · Dividend / Income Trend and recent returns are aligned, so demand is still moving in the same direction. Week 3.4% 4W 7.8% Vol 1.4x 3.4% 3 DXU · TOR Dynamic Active U.S. Dividend ETF 🇨🇦 Canada · Dividend / Income Trend and recent returns are aligned, so demand is still moving in the same direction. Week 2.5% 4W 6.3% Vol 3.7x 2.5% 4 UDIV-B · TOR Manulife Smart U.S. Dividend ETF Unhedged 🇨🇦 Canada · Dividend / Income Trend and recent returns are aligned, so demand is still moving in the same direction. Week 2.2% 4W 7.2% Vol 1.4x 2.2% 5 BANK · TOR Evolve Canadian Banks and Lifecos Enhanced Yield Index Fund 🇨🇦 Canada · Dividend / Income Trend and recent returns are aligned, so demand is still moving in the same direction. Week 3.4% 4W 8.6% Vol 0.9x 3.4% 6 EMV-B · TOR CI Emerging Markets Dividend Index ETF 🇨🇦 Canada · Dividend / Income Trend and recent returns are aligned, so demand is still moving in the same direction. Week 4.9% 4W 6.9% Vol 0.8x 4.9% 7 QMAX · TOR Hamilton Technology YIELD MAXIMIZER ETF 🇨🇦 Canada · Dividend / Income Trend and recent returns are aligned, so demand is still moving in the same direction. Week 4.6% 4W 5.1% Vol 1.2x 4.6% 8 DXG · TOR Dynamic Active Global Dividend ETF 🇨🇦 Canada · Dividend / Income Trend and recent returns are aligned, so demand is still moving in the same direction. Week 2.6% 4W 6.5% Vol 1.4x 2.6% 9 VDY · TOR Vanguard FTSE Canadian High Dividend Yield Index ETF 🇨🇦 Canada · Dividend / Income Trend and recent returns are aligned, so demand is still moving in the same direction. Week 2.2% 4W 5.1% Vol 1.0x 2.2% 10 ZDY · TOR BMO US Dividend ETF (CAD) 🇨🇦 Canada · Dividend / Income Trend and recent returns are aligned, so demand is still moving in the same direction. Week 1.5% 4W 4.9% Vol 2.1x 1.5%
Latest Event

Historical signal events

Recent Trend Line crossings and Market Dynamics buy signals from the weekly history.

27 Mar 2026 Crossed above Trend Line 24 CAD · 0.2%
10 Apr 2026 Market Dynamics buy signal 25 CAD · 0.8%
24 Apr 2026 Market Dynamics buy signal 25 CAD · 2.0%
MHDC

Recent weekly tape

Week Close Trend Line Fair Value Weekly Return Market Dynamics RS Volume
5 Sep 2025 20 CAD - 20 CAD % - - 400
12 Sep 2025 20 CAD - 20 CAD 1.1% - - 5.1K
19 Sep 2025 20 CAD - 20 CAD 0.7% - - 700
26 Sep 2025 20 CAD - 20 CAD 1.5% - - 14.3K
3 Oct 2025 20 CAD - 20 CAD 1.4% - - 2.5K
10 Oct 2025 20 CAD - 20 CAD -1.4% - - 4.9K
17 Oct 2025 20 CAD - 20 CAD -0.9% - - 9.5K
24 Oct 2025 20 CAD - 20 CAD 1.8% - - 7.0K
31 Oct 2025 20 CAD - 20 CAD -0.9% - - 0
7 Nov 2025 21 CAD - 20 CAD 1.7% - - 2.0K
14 Nov 2025 21 CAD - 20 CAD 1.1% - - 800
21 Nov 2025 21 CAD - 20 CAD 0.0% - - 100
28 Nov 2025 21 CAD - 20 CAD 2.3% - - 2.7K
5 Dec 2025 21 CAD - 20 CAD 0.6% - - 0
12 Dec 2025 21 CAD - 20 CAD 0.1% - - 400
19 Dec 2025 22 CAD - 20 CAD 0.6% - - 100
26 Dec 2025 22 CAD - 21 CAD 0.4% - - 0
2 Jan 2026 22 CAD - 21 CAD 0.2% - - 500
9 Jan 2026 22 CAD - 21 CAD 1.4% - - 500
16 Jan 2026 22 CAD - 21 CAD 2.5% - - 2.7K
23 Jan 2026 23 CAD - 21 CAD 0.1% - - 3.1K
30 Jan 2026 23 CAD - 21 CAD 1.0% - - 3.3K
6 Feb 2026 23 CAD - 21 CAD 1.0% - - 11.2K
13 Feb 2026 24 CAD - 21 CAD 3.1% - - 6.5K
20 Feb 2026 24 CAD - 21 CAD 1.3% - - 600
27 Feb 2026 24 CAD - 21 CAD 1.7% - - 1.8K
6 Mar 2026 24 CAD - 21 CAD -1.9% - - 11.3K
13 Mar 2026 24 CAD - 22 CAD 0.7% - - 3.9K
20 Mar 2026 24 CAD - 22 CAD 0.4% 1.35 - 200
27 Mar 2026 24 CAD 22 CAD 22 CAD 0.2% 1.79 - 8.2K
3 Apr 2026 24 CAD 22 CAD 22 CAD 0.6% 1.66 - 2.0K
10 Apr 2026 25 CAD 22 CAD 22 CAD 0.8% 1.57 - 2.5K
17 Apr 2026 25 CAD 22 CAD 22 CAD -0.2% 1.38 - 2.3K
24 Apr 2026 25 CAD 22 CAD 22 CAD 2.0% 1.20 - 2.9K
1 May 2026 26 CAD 23 CAD 22 CAD 2.1% 1.07 - 800
8 May 2026 26 CAD 23 CAD 22 CAD -0.1% 0.94 - 600
15 May 2026 26 CAD 23 CAD 22 CAD 0.9% 1.00 - 4.5K
22 May 2026 27 CAD 23 CAD 22 CAD 3.2% 1.05 - 100
29 May 2026 26 CAD 23 CAD 23 CAD -1.8% 1.05 - 1.5K
5 Jun 2026 27 CAD 24 CAD 23 CAD 2.0% 1.11 - 200
12 Jun 2026 27 CAD 24 CAD 23 CAD 0.4% 1.18 - 500