VS
Mackenzie Canadian All Corporate Bond Index ETF (QCB) and iShares Core S&P/TSX Capped Composite Index ETF (XIC) offer distinct profiles for Canadian ETF investors. A direct comparison shows that QCB focuses its top 3 sector exposures on Banks, Power, and Pipelines, while XIC leans towards Financials, Energy, and Materials. When evaluating costs, QCB features a management fee (MER) of 0.14%, compared to 0.05% for XIC. Performance-wise, QCB has returned 1.96% year-to-date with +$15 M in net flows, whereas XIC is at 10.99% with +$6 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
QCB
XIC
| AuM | $585.79 M | $30,437.14 M |
| Management Fees | 0.14% | 0.05% |
| Exp. ratio | 0.15% | 0.06% |
| Tracking Difference | 0.00% | -0.11% |
Historical performance and flows
As of June 18, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | QCB | +1.95% | +1.79% | +1.96% | +4.73% | +20.04% |
XIC | +3.50% | +10.01% | +10.99% | +34.54% | +89.98% | |
| Flows | QCB | +$2 M | +$54 M | +$15 M | -$78 M | +$127 M |
XIC | +$493 M | +$2,749 M | +$5,913 M | +$7,777 M | +$11,952 M |
QCB vs XIC exposure
Countries
QCB
Canada
93.55%
XIC
Canada
99.06%
Sectors
QCB
Banks
19.39%
Power
13.59%
Other
11.22%
Pipelines
9.48%
Communication services
7.70%
Other
38.61%
XIC
Financials
29.96%
Energy
17.73%
Materials
14.57%
Other
13.30%
Other
24.44%
As of June 18, 2026
Top 10 Holdings
QCB
Bank of Nova Scotia, 3.1% 2feb2028, CAD
0.95%
CA172967QC81
0.90%
AIMCo Realty Investors LP, 2.712% 1jun2029, CAD
0.83%
Royal Bank of Canada, 5.096% 3apr2034, CAD (27)
0.82%
Toronto-Dominion Bank, 4.133% 9jan2033, CAD
0.80%
CA89116C7J09
0.79%
Bank of Montreal, 5.039% 29may2028, CAD
0.76%
Toronto-Dominion Bank, 4.21% 1jun2027, CAD
0.71%
Toronto-Dominion Bank, 4.68% 8jan2029, CAD
0.66%
Bank of Montreal, 4.309% 1jun2027, CAD
0.64%
XIC
ROYAL BK CANADA
7.02%
TORONTO DOMINION
5.05%
SHOPIFY SUBORDINATE VOTING
4.16%
ENBRIDGE
3.38%
BANK OF MONTREAL
3.00%
CDN IMPERIAL BK
2.89%
CA11271J1075
2.78%
CDN NATURAL RESOURCE
2.78%
BNS
2.68%
AGNICO EAGLE MINES LTD
2.63%
Diversification
QCB
Total weight of top 10 holdings out of 711 total
7.87%
XIC
Total weight of top 10 holdings out of 221 total
36.37%
Characteristics
Compare
QCB
XIC
| Provider | Mackenzie Investments | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive Canadian Corporate Bond Index - CAD | S&P/TSX Capped Composite Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Fixed Income | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 4.12% | 2.02% |
| Meets ESG criteria | No | No |
| Inception Date | January 29, 2018 | February 16, 2001 |
Frequently asked questions about QCB and XIC
Which ETF has performed better year to date: QCB or XIC?
As of June 18, 2026, QCB has returned 1.96% year to date, while XIC has returned 10.99%. XIC is ahead on YTD performance.
Which ETF is larger by assets under management: QCB or XIC?
As of June 18, 2026, QCB manages $585.79 M in assets, while XIC manages $30.44 B. XIC is the larger fund by AUM.
How are QCB and XIC managed?
QCB is passively managed by Mackenzie Investments. It tracks the Solactive Canadian Corporate Bond Index - CAD benchmark. XIC is passively managed by iShares. It tracks the S&P/TSX Capped Composite Total Return Index - CAD benchmark.
What sectors do QCB and XIC emphasize?
QCB is most exposed to Banks, Power, and Pipelines. XIC is most exposed to Financials, Energy, and Materials.
Which ETF is attracting more investor flows: QCB or XIC?
Year to date, QCB has seen +$14.83 M in net flows, compared with +$5,912.78 M for XIC. XIC has attracted more net investor money so far.
How do the fees of QCB and XIC compare?
QCB has an expense ratio of 0.15%, while XIC has an expense ratio of 0.06%.
What are the top holdings of QCB and XIC?
QCB's largest holdings include Bank of Nova Scotia, 3.1% 2feb2028, CAD and AIMCo Realty Investors LP, 2.712% 1jun2029, CAD. XIC's top holdings include ROYAL BK CANADA and TORONTO DOMINION.
Which ETF is more diversified: QCB or XIC?
QCB holds 668 securities, while XIC holds 193. On holdings count, QCB is the more diversified portfolio.
Recent articles about QCB and XIC
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Posted on 1/11/2023 by Tony Dong inETFs
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