VS
Compare CI Canadian Aggregate Bond Index ETF (CAGG) vs Mackenzie Canadian Aggregate Bond Index ETF (QBB) to find the best fit for your portfolio. CAGG provides Sovereign, Municipal, and Finance exposures, while QBB is primarily weighted in Municipal, Sovereign, and Finance. When evaluating costs, CAGG features a management fee (MER) of 0.18%, compared to 0.07% for QBB. Performance-wise, CAGG has returned 0.42% year-to-date with -$129 M in net flows, whereas QBB is at 0.04% with +$305 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
CAGG
QBB
| AuM | $819.68 M | $1,573.35 M |
| Management Fees | 0.18% | 0.07% |
| Exp. ratio | 0.07% | 0.08% |
| Tracking Difference | - | -0.01% |
Historical performance and flows
As of October 16, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CAGG | -0.42% | -1.47% | -0.42% | -1.61% | +16.15% |
QBB | +0.74% | -1.21% | +0.04% | -0.90% | +15.28% | |
| Flows | CAGG | +$101 M | +$72 M | -$129 M | -$120 M | +$824 M |
QBB | +$35 M | +$176 M | +$305 M | +$384 M | +$696 M |
CAGG vs QBB exposure
Countries
CAGG
Canada
97.64%
QBB
Canada
95.74%
Sectors
CAGG
Sovereign
33.80%
Municipal
29.20%
Finance
13.80%
Government Agencies
7.81%
Other
15.41%
QBB
Municipal
29.04%
Sovereign
28.72%
Finance
15.85%
Government Agencies
9.49%
Other
16.90%
As of October 16, 2026
Top 10 Holdings
CAGG
Canada, Bonds 2.75% 1sep2030, CAD
2.81%
Canada, Bond 1.5 1jun2031 10Y
2.37%
Canada, Bonds 3.25% 1jun2035, CAD
2.34%
Canada, Bonds 2.75% 1mar2030, CAD
2.17%
Canada, Bonds 3.25% 1dec2035, CAD
2.13%
Canada, Bonds 3.25% 1dec2034, CAD
1.92%
Canada, Bonds 2.75% 1mar2031, CAD
1.59%
Canada, Bonds 4% 1mar2029, CAD
1.54%
Canada, Bond 1.25 1jun2030 10Y
1.35%
Canada, Bonds 3% 1jun2034, CAD
1.13%
QBB
Canada, Bond 1.25 1jun2030 10Y
3.32%
Canada, Bond 1.5 1jun2031 10Y
2.36%
Canada, Bond 2 1jan2051 30Y
2.10%
Canada, Bond 0.5 1oct2030 10Y
1.85%
Province of Ontario, 4.6% 2jun2039, CAD (DMTN182)
1.82%
Province of Ontario, 3.75% 2jun2032, CAD (DMTN254)
1.65%
Canada, Bonds 3% 1jun2034, CAD
1.58%
Canada, Bonds 3.25% 1dec2034, CAD
1.47%
CMHC, 3.8% 15sep2036, CAD (133)
1.46%
Canada, Bonds 2.75% 1dec2055, CAD
1.24%
Diversification
CAGG
Total weight of top 10 holdings out of 1,129 total
19.35%
QBB
Total weight of top 10 holdings out of 1,189 total
18.85%
Characteristics
Compare
CAGG
QBB
| Provider | CI | Mackenzie Investments |
| Management | Passively managed | Passively managed |
| Benchmark | FTSE Canada Universe Bond TR Index - CAD | Solactive Canadian Float Adjusted Universe Bond Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.70% | 2.95% |
| Meets ESG criteria | No | No |
| Inception Date | June 22, 2017 | January 29, 2018 |
Frequently asked questions about CAGG and QBB
Which ETF has performed better year to date: CAGG or QBB?
As of October 16, 2026, CAGG has returned -0.42% year to date, while QBB has returned 0.04%. QBB is ahead on YTD performance.
Which ETF is larger by assets under management: CAGG or QBB?
As of October 16, 2026, CAGG manages $819.68 M in assets, while QBB manages $1.57 B. QBB is the larger fund by AUM.
How are CAGG and QBB managed?
CAGG is passively managed by CI. It tracks the FTSE Canada Universe Bond TR Index - CAD benchmark. QBB is passively managed by Mackenzie Investments. It tracks the Solactive Canadian Float Adjusted Universe Bond Index - CAD benchmark.
What sectors do CAGG and QBB emphasize?
CAGG is most exposed to Sovereign, Municipal, and Finance. QBB is most exposed to Municipal, Sovereign, and Finance.
Which ETF is attracting more investor flows: CAGG or QBB?
Year to date, CAGG has seen -$129.21 M in net flows, compared with +$305.49 M for QBB. QBB has attracted more net investor money so far.
How do the fees of CAGG and QBB compare?
CAGG has an expense ratio of 0.07%, while QBB has an expense ratio of 0.08%.
What are the top holdings of CAGG and QBB?
CAGG's largest holdings include Canada, Bonds 2.75% 1sep2030, CAD, Canada, Bond 1.5 1jun2031 10Y, and Canada, Bonds 3.25% 1jun2035, CAD. QBB's top holdings include Canada, Bond 1.25 1jun2030 10Y, Canada, Bond 1.5 1jun2031 10Y, and Canada, Bond 2 1jan2051 30Y.
Which ETF is more diversified: CAGG or QBB?
CAGG holds 1127 securities, while QBB holds 1189. On holdings count, QBB is the more diversified portfolio.
Recent articles about CAGG and QBB
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All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.