VS
Compare Global X 20+ Year U.S. Treasury Bond Index ETF (TLTX) vs Mackenzie US Government Long Bond Index ETF (QTLT) to find the best fit for your portfolio. TLTX provides Sovereign and Non-Corporate exposures, while QTLT is primarily weighted in Sovereign. When evaluating costs, TLTX features a management fee (MER) of 0.18%, compared to 0.18% for QTLT. Performance-wise, TLTX has returned 2.54% year-to-date with +$2 M in net flows, whereas QTLT is at 2.08% 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
TLTX
QTLT
| AuM | $3.42 M | $160.84 M |
| Management Fees | 0.18% | 0.18% |
| Exp. ratio | 0.18% | 0.20% |
| Tracking Difference | - | -0.37% |
Historical performance and flows
As of August 31, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | TLTX | -2.01% | -2.75% | -2.54% | - | - |
QTLT | -0.39% | -2.62% | -2.08% | +0.73% | - | |
| Flows | TLTX | +$1 M | +$1 M | +$2 M | - | - |
QTLT | +$4 M | +$19 M | +$35 M | +$41 M | - |
TLTX vs QTLT exposure
Countries
TLTX
USA
100.00%
QTLT
USA
100.07%
Sectors
TLTX
Sovereign
100.00%
QTLT
Sovereign
100.07%
As of August 31, 2026
Top 10 Holdings
TLTX
USA, Bonds 4.125% 15aug2053, USD
4.68%
USA, Bonds 4.75% 15nov2053, USD
4.55%
USA, Bonds 4.75% 15may2055, USD
4.51%
USA, Bonds 4.625% 15may2054, USD
4.45%
USA, Bonds 4.25% 15feb2054, USD
4.13%
USA, Bonds 4.75% 15feb2056, USD
4.04%
USA, Bonds 4.25% 15aug2054, USD
4.03%
USA, Bonds 3.625% 15may2053, USD
3.90%
USA, Bonds 4.625% 15feb2055, USD
3.89%
USA, Bonds 2% 15aug2051, USD
3.80%
QTLT
USA, Bonds 2% 15aug2051, USD
13.48%
USA, Bonds 2.25% 15feb2052, USD
7.28%
USA, Bonds 2.375% 15may2051, USD
6.25%
USA, Bonds 4.25% 15feb2054, USD
5.77%
USA, Bonds 4.25% 15aug2054, USD
5.67%
USA, Bonds 1.625% 15nov2050, USD
5.57%
USA, Bonds 1.875% 15nov2051, USD
5.50%
USA, Bonds 2.875% 15may2049, USD
5.50%
USA, Bonds 4.75% 15feb2056, USD
4.02%
USA, Bonds 1.875% 15feb2051, USD
3.60%
Diversification
TLTX
Total weight of top 10 holdings out of 47 total
41.99%
QTLT
Total weight of top 10 holdings out of 33 total
62.65%
Characteristics
Compare
TLTX
QTLT
| Provider | Global X | Mackenzie Investments |
| Management | Passively managed | Passively managed |
| Benchmark | ICE U.S. Treasury 20+ Year Bond Index - USD | 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 | - | 3.88% |
| Meets ESG criteria | No | No |
| Inception Date | October 7, 2025 | November 20, 2023 |
Frequently asked questions about TLTX and QTLT
Which ETF has performed better year to date: TLTX or QTLT?
As of August 31, 2026, TLTX has returned -2.54% year to date, while QTLT has returned -2.08%. QTLT is ahead on YTD performance.
Which ETF is larger by assets under management: TLTX or QTLT?
As of August 31, 2026, TLTX manages $3.42 M in assets, while QTLT manages $160.84 M. QTLT is the larger fund by AUM.
How are TLTX and QTLT managed?
TLTX is passively managed by Global X. It tracks the ICE U.S. Treasury 20+ Year Bond Index - USD 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 TLTX and QTLT emphasize?
TLTX is most exposed to Sovereign and Non-Corporate. QTLT is most exposed to Sovereign.
Which ETF is attracting more investor flows: TLTX or QTLT?
Year to date, TLTX has seen +$2.37 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 TLTX and QTLT compare?
TLTX has an expense ratio of 0.18%, while QTLT has an expense ratio of 0.20%.
What are the top holdings of TLTX and QTLT?
TLTX's largest holdings include USA, Bonds 4.125% 15aug2053, USD, USA, Bonds 4.75% 15nov2053, USD, and USA, Bonds 4.75% 15may2055, USD. 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: TLTX or QTLT?
TLTX holds 47 securities, while QTLT holds 33. On holdings count, TLTX is the more diversified portfolio.
Recent articles about TLTX and QTLT
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