VS
When evaluating costs, MCSB features a management fee (MER) of 0.35%, compared to 0.09% for XBB. Performance-wise, MCSB has returned 0.48% year-to-date with +$1 M in net flows, whereas XBB is at 0.62% with +$2 B. 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
MCSB
XBB
| AuM | $37.41 M | $10,903.34 M |
| Management Fees | 0.35% | 0.09% |
| Exp. ratio | 0.40% | 0.10% |
| Tracking Difference | - | - |
Historical performance and flows
As of October 1, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | MCSB | -0.54% | -0.93% | +0.48% | +0.80% | +15.74% |
XBB | -0.66% | -2.32% | -0.62% | -0.88% | +14.89% | |
| Flows | MCSB | -$5 M | +$1 M | +$1 M | +$1 M | +$19 M |
XBB | +$446 M | +$1,107 M | +$2,134 M | +$2,836 M | +$5,474 M |
MCSB vs XBB exposure
Countries
MCSB
Exposure data will be available soon
XBB
Canada
96.80%
Sectors
MCSB
Exposure data will be available soon
XBB
Sovereign
33.82%
Municipal
28.72%
Finance
14.06%
Government Agencies
7.21%
Other
16.19%
As of October 1, 2026
Top 10 Holdings
MCSB
Exposure data will be available soon
XBB
Canada, Bonds 2.75% 1sep2030, CAD
1.54%
Canada, Bonds 2.75% 1mar2031, CAD
1.52%
Canada, Bonds 3.25% 1dec2035, CAD
1.50%
Canada, Bonds 3.25% 1jun2036, CAD
1.46%
Canada, Bonds 3.25% 1jun2035, CAD
1.40%
Canada, Bonds 3% 1sep2031, CAD
1.28%
Canada, Bonds 2.75% 1mar2030, CAD
1.21%
Canada, Bonds 3% 1jun2034, CAD
1.21%
Canada, Bonds 3.5% 1dec2057, CAD
1.16%
Canada, Bonds 3.5% 1sep2029, CAD
1.14%
Diversification
MCSB
Exposure data will be available soon
XBB
Total weight of top 10 holdings out of 1,904 total
13.40%
Characteristics
Compare
MCSB
XBB
| Provider | Mackenzie Investments | iShares |
| Management | Actively managed | Passively managed |
| Benchmark | - | FTSE Canada Universe Bond TR Index - CAD |
| Replication Method | - | Direct (Physical) |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.59% | 3.54% |
| Meets ESG criteria | No | No |
| Inception Date | November 22, 2017 | November 20, 2000 |
Frequently asked questions about MCSB and XBB
Which ETF has performed better year to date: MCSB or XBB?
As of October 1, 2026, MCSB has returned 0.48% year to date, while XBB has returned -0.62%. MCSB is ahead on YTD performance.
Which ETF is larger by assets under management: MCSB or XBB?
As of October 1, 2026, MCSB manages $37.41 M in assets, while XBB manages $10.90 B. XBB is the larger fund by AUM.
How are MCSB and XBB managed?
MCSB is actively managed by Mackenzie Investments. It does not track an index. XBB is passively managed by iShares. It tracks the FTSE Canada Universe Bond TR Index - CAD benchmark.
Which ETF is attracting more investor flows: MCSB or XBB?
Year to date, MCSB has seen +$1.05 M in net flows, compared with +$2,134.44 M for XBB. XBB has attracted more net investor money so far.
How do the fees of MCSB and XBB compare?
MCSB has an expense ratio of 0.40%, while XBB has an expense ratio of 0.10%.
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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.