VS
Compare CI U.S. Treasury Inflation-Linked Bond Index ETF (CTIP) vs Mackenzie US TIPS Index ETF (QTIP) to find the best fit for your portfolio. CTIP and QTIP provide the same top sector exposures: Sovereign. When evaluating costs, CTIP features a management fee (MER) of 0.15%, compared to 0.15% for QTIP. Performance-wise, CTIP has returned 2.11% year-to-date with -$19 M in net flows, whereas QTIP is at 2.35% with +$10 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
CTIP
QTIP
| AuM | $10.20 M | $398.11 M |
| Management Fees | 0.15% | 0.15% |
| Exp. ratio | 0.17% | 0.17% |
| Tracking Difference | 0.16% | -0.11% |
Historical performance and flows
As of October 16, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CTIP | -0.44% | -2.12% | -2.11% | -2.95% | +9.96% |
QTIP | -0.40% | -2.32% | -2.35% | -3.49% | +8.14% | |
| Flows | CTIP | +$0 M | -$7 M | -$19 M | +$3 M | -$13 M |
QTIP | +$11 M | +$25 M | +$10 M | +$49 M | +$20 M |
CTIP vs QTIP exposure
Countries
CTIP
USA
98.50%
QTIP
USA
100.00%
Sectors
CTIP
Sovereign
98.50%
QTIP
Sovereign
100.00%
As of October 16, 2026
Top 10 Holdings
CTIP
USA, TIPS 2.125% 15apr2029, USD (X-2029)
4.64%
USA, TIPS 1.25% 15apr2028, USD (X-2028)
4.24%
USA, TIPS 1.875% 15jul2035, USD (D-2035)
4.06%
USA, TIPS 2.125% 15jan2035, USD (A-2035)
4.01%
USA, TIPS 1.875% 15jan2036, USD (A-2036)
3.99%
USA, TIPS 0.5% 15jan2028, USD (A-2028)
3.87%
USA, TIPS 1.875% 15jul2034, USD (D-2034)
3.77%
USA, TIPS 0.125% 15jan2032, USD (A-2032)
3.68%
USA, TIPS 1.125% 15oct2030, USD (AE-2030)
3.44%
USA, TIPS 1.25% 15apr2031, USD (X-2031)
3.40%
QTIP
USA, TIPS 1.875% 15jul2035, USD (D-2035)
5.47%
USA, TIPS 0.125% 15jan2031, USD (A-2031)
5.39%
USA, TIPS 1.875% 15jul2034, USD (D-2034)
5.24%
USA, TIPS 0.125% 15jul2031, USD (D-2031)
4.95%
USA, TIPS 1.75% 15jan2034, USD (A-2034)
4.76%
USA, TIPS 2.125% 15jan2035, USD (A-2035)
4.67%
USA, TIPS 0.875% 15jan2029, USD (A-2029)
4.34%
USA, TIPS 0.5% 15jan2028, USD (A-2028)
3.78%
USA, TIPS 1.25% 15apr2028, USD (X-2028)
3.71%
USA, TIPS 0.125% 15jan2030, USD (A-2030)
3.43%
Diversification
CTIP
Total weight of top 10 holdings out of 42 total
39.10%
QTIP
Total weight of top 10 holdings out of 47 total
45.75%
Characteristics
Compare
CTIP
QTIP
| Provider | CI | Mackenzie Investments |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive US Treasury Inflation-Linked Bond Hedged to CAD TR Index - CAD | Solactive US Treasury Inflation-Linked Bond Hedged to CAD TR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.65% | 5.23% |
| Meets ESG criteria | No | No |
| Inception Date | August 31, 2021 | January 24, 2018 |
Frequently asked questions about CTIP and QTIP
Which ETF has performed better year to date: CTIP or QTIP?
As of October 16, 2026, CTIP has returned -2.11% year to date, while QTIP has returned -2.35%. CTIP is ahead on YTD performance.
Which ETF is larger by assets under management: CTIP or QTIP?
As of October 16, 2026, CTIP manages $10.20 M in assets, while QTIP manages $398.11 M. QTIP is the larger fund by AUM.
How are CTIP and QTIP managed?
CTIP is passively managed by CI. It tracks the Solactive US Treasury Inflation-Linked Bond Hedged to CAD TR Index - CAD benchmark. QTIP is passively managed by Mackenzie Investments. It tracks the Solactive US Treasury Inflation-Linked Bond Hedged to CAD TR Index - CAD benchmark.
What sectors do CTIP and QTIP emphasize?
CTIP is most exposed to Sovereign. QTIP is most exposed to Sovereign.
Which ETF is attracting more investor flows: CTIP or QTIP?
Year to date, CTIP has seen -$19.11 M in net flows, compared with +$10.31 M for QTIP. QTIP has attracted more net investor money so far.
How do the fees of CTIP and QTIP compare?
CTIP has an expense ratio of 0.17%, while QTIP has an expense ratio of 0.17%.
What are the top holdings of CTIP and QTIP?
CTIP's largest holdings include USA, TIPS 2.125% 15apr2029, USD (X-2029), USA, TIPS 1.25% 15apr2028, USD (X-2028), and USA, TIPS 1.875% 15jul2035, USD (D-2035). QTIP's top holdings include USA, TIPS 1.875% 15jul2035, USD (D-2035), USA, TIPS 0.125% 15jan2031, USD (A-2031), and USA, TIPS 1.875% 15jul2034, USD (D-2034).
Which ETF is more diversified: CTIP or QTIP?
CTIP holds 42 securities, while QTIP holds 47. On holdings count, QTIP is the more diversified portfolio.
Recent articles about CTIP and QTIP
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
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.
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.