Mild Pullback
Updated 22:47 PDT

Markets are wobbling.
A mild pullback. Context matters more than the headline.

A mild pullback from the 52-week high. Not unusual, not alarming. If anything, this is a reminder to check that your contributions are set up automatically and your emergency fund is funded.

Live Fund Data · TSX: XEQT
$38.97
-0.54   (-1.37%) today
52-week range 76.7% of range
Low $27.79 High $42.36
From 52wk High -8.0%
From 52wk Low +40.2%
MER (all-in) 0.20%
Holdings 8,400+
Current Price $38.97 TSX · CAD · XEQT.TO
From 52wk High -8.0% High: $42.36
Market Mode WATCHING Mild Pullback
52wk Recovery +40.2% From low: $27.79
What to read in Mild Pullback conditions

Every drawdown has recovered. Every single one.

XEQT launched in 2019. In its short history it has experienced three significant drawdowns: the COVID crash of March 2020 (-33%), the 2022 rate-hike bear market (-18%), and several smaller corrections of 5-12%. Every single time, the fund recovered to a new high.

The investors who held through COVID and bought more — instead of selling — saw their portfolios reach new highs within 12 months. The investors who sold in March 2020 locked in a 33% loss and faced the emotionally difficult task of deciding when to reinvest into a rising market.

The evidence is not ambiguous. Time in the market has outperformed timing the market in every measured period across every major developed market. XEQT is designed specifically for this: hold everything, rebalance automatically, do not require any decisions from the investor.

Drawdown event Peak-to-trough Recovery time
COVID crash (Feb-Mar 2020) -33% ~5 months
2022 rate-hike bear market -18% ~14 months
Late 2023 correction -11% ~3 months
Early 2024 pullback -8% ~6 weeks
Current drawdown 8.0% Unknown

Past drawdowns and recovery times are historical. They do not guarantee future recovery timelines. All investing involves risk. Not financial advice.

The investor's advantage

The market is on sale.
Are you a buyer or a seller?

Every Canadian investor who has held XEQT through a drawdown and kept contributing has been rewarded. Not because markets always go up in the short run — they do not — but because the long-run direction of global equity markets has been upward, and XEQT holds all of it.

More guides for this market environment

Whatever markets do — stay invested.

Open a commission-free Wealthsimple account and buy XEQT. The 8,400 companies in XEQT have survived every recession, every crisis, and every panic since 2019. They will survive this one too.

The (Un)real Deal
Up to $150,000

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Open or fund a Wealthsimple account during the promotion period to qualify. See Wealthsimple's site for full terms and eligibility.

See the Current Offer on Wealthsimple →

Promotion details are accurate as of the date displayed. Eligibility conditions, bonus amounts, hold periods, and expiry dates may change at any time. All current terms, conditions, and eligibility requirements are available on Wealthsimple's website at the time of account creation. This site contains an affiliate link. Not financial advice.

Market data sourced from Yahoo Finance via the XEQT.TO public data endpoint and updated approximately every 30 minutes during market hours. Prices are indicative only and may not reflect real-time market conditions. 52-week high and low figures are sourced from the same feed and may differ slightly from exchange-reported values. Past performance, drawdowns, and recovery timelines are historical and do not predict future results. Nothing on this page constitutes financial advice. Sara Misra is not a financial advisor. All investing involves risk including the possible loss of principal. Wealthsimple links are affiliate links.