VS
CI U.S. Treasury Inflation-Linked Bond Index ETF (CTIP) and Mackenzie US Government Long Bond Index ETF (QTLT) offer distinct profiles for Canadian ETF investors. A direct comparison shows that CTIP focuses its top 3 sector exposures on Sovereign, while QTLT leans towards Sovereign. When evaluating costs, CTIP features a management fee (MER) of 0.15%, compared to 0.18% for QTLT. Performance-wise, CTIP has returned 1.92% year-to-date with -$19 M in net flows, whereas QTLT is at 2.07% with +$35 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
QTLT
| AuM | $10.22 M | $159.90 M |
| Management Fees | 0.15% | 0.18% |
| Exp. ratio | 0.17% | 0.20% |
| Tracking Difference | 0.16% | -0.37% |
Historical performance and flows
As of October 15, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CTIP | -0.18% | -1.91% | -1.92% | -2.86% | +9.26% |
QTLT | +1.41% | -2.94% | -2.07% | -6.90% | - | |
| Flows | CTIP | +$0 M | -$7 M | -$19 M | +$3 M | -$13 M |
QTLT | +$0 M | +$11 M | +$35 M | +$41 M | - |
CTIP vs QTLT exposure
Countries
CTIP
USA
98.50%
QTLT
USA
100.04%
Sectors
CTIP
Sovereign
98.50%
QTLT
Sovereign
100.04%
As of October 15, 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%
QTLT
USA, Bonds 2% 15aug2051, USD
13.05%
USA, Bonds 2.25% 15feb2052, USD
7.04%
USA, Bonds 2.375% 15may2051, USD
6.05%
USA, Bonds 4.25% 15feb2054, USD
5.58%
USA, Bonds 4.25% 15aug2054, USD
5.48%
USA, Bonds 4.75% 15aug2055, USD
5.41%
USA, Bonds 1.625% 15nov2050, USD
5.40%
USA, Bonds 1.875% 15nov2051, USD
5.33%
USA, Bonds 2.875% 15may2049, USD
5.33%
USA, Bonds 4.75% 15feb2056, USD
3.88%
Diversification
CTIP
Total weight of top 10 holdings out of 42 total
39.10%
QTLT
Total weight of top 10 holdings out of 33 total
62.54%
Characteristics
Compare
CTIP
QTLT
| Provider | CI | Mackenzie Investments |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive US Treasury Inflation-Linked Bond Hedged to CAD TR Index - CAD | Solactive US 20+ Year Treasury Bond CAD GTR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.64% | 3.94% |
| Meets ESG criteria | No | No |
| Inception Date | August 31, 2021 | November 20, 2023 |
Frequently asked questions about CTIP and QTLT
Which ETF has performed better year to date: CTIP or QTLT?
As of October 15, 2026, CTIP has returned -1.92% year to date, while QTLT has returned -2.07%. CTIP is ahead on YTD performance.
Which ETF is larger by assets under management: CTIP or QTLT?
As of October 15, 2026, CTIP manages $10.22 M in assets, while QTLT manages $159.90 M. QTLT is the larger fund by AUM.
How are CTIP and QTLT managed?
CTIP is passively managed by CI. It tracks the Solactive US Treasury Inflation-Linked Bond Hedged to CAD TR Index - CAD benchmark. QTLT is passively managed by Mackenzie Investments. It tracks the Solactive US 20+ Year Treasury Bond CAD GTR Index - CAD benchmark.
What sectors do CTIP and QTLT emphasize?
CTIP is most exposed to Sovereign. QTLT is most exposed to Sovereign.
Which ETF is attracting more investor flows: CTIP or QTLT?
Year to date, CTIP has seen -$19.11 M in net flows, compared with +$34.87 M for QTLT. QTLT has attracted more net investor money so far.
How do the fees of CTIP and QTLT compare?
CTIP has an expense ratio of 0.17%, while QTLT has an expense ratio of 0.20%.
What are the top holdings of CTIP and QTLT?
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). QTLT's top holdings include USA, Bonds 2% 15aug2051, USD, USA, Bonds 2.25% 15feb2052, USD, and USA, Bonds 2.375% 15may2051, USD.
Which ETF is more diversified: CTIP or QTLT?
CTIP holds 42 securities, while QTLT holds 33. On holdings count, CTIP is the more diversified portfolio.
Recent articles about CTIP and QTLT
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