VS
CI U.S. Money Market ETF (UMNY.U) and Mackenzie U.S. Aggregate Bond Index ETF (QUB) offer distinct profiles for Canadian ETF investors. A direct comparison shows that UMNY.U focuses its top 3 sector exposures on Sovereign, Consumer Cyclicals, and Finance, while QUB leans towards Sovereign, Finance, and Industrials. When evaluating costs, UMNY.U features a management fee (MER) of 0.14%, compared to 0.15% for QUB. Performance-wise, UMNY.U has returned 3.02% year-to-date with +$1 M in net flows, whereas QUB is at 3% with +$33 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
UMNY.U
QUB
| AuM | $25.29 M | $124.91 M |
| Management Fees | 0.14% | 0.15% |
| Exp. ratio | 0.15% | 0.17% |
| Tracking Difference | - | -0.09% |
Historical performance and flows
As of October 22, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | UMNY.U | +0.32% | +0.95% | +3.02% | +3.78% | +13.98% |
QUB | -0.36% | -1.50% | -3.00% | -3.75% | +9.96% | |
| Flows | UMNY.U | -$3 M | -$3 M | +$1 M | +$3 M | +$22 M |
QUB | +$2 M | +$1 M | +$33 M | +$50 M | +$100 M |
UMNY.U vs QUB exposure
Countries
UMNY.U
USA
52.55%
Other
34.80%
Germany
7.24%
QUB
USA
79.23%
Other
12.43%
Other
8.34%
Sectors
UMNY.U
Other
34.80%
Sovereign
34.73%
Consumer Cyclicals
13.36%
Other
17.11%
QUB
Sovereign
47.82%
Finance
19.86%
Other
12.43%
Industrials
7.22%
Other
12.67%
As of October 22, 2026
Top 10 Holdings
UMNY.U
CA29290PWW80
7.12%
Toronto-Dominion Bank, 4.814% 16jul2027, USD
5.40%
US59157UJG67
5.35%
Gulf Power, 3.3% 30may2027, USD (2017A)
5.25%
The Home Depot, 4.95% 30sep2026, USD
5.09%
USA, Bills 0% 22sep2026, USD (119D)
4.39%
US90478DJM83
4.27%
CA693962WN80
4.27%
USA, Bills 0% 1oct2026, USD (364D)
3.80%
USA, Bills 0% 13may2027, USD (364D)
3.66%
QUB
USA, Bonds 5.5% 15aug2028, USD
4.15%
USA, Notes 4% 28feb2030, USD (H-2030)
3.78%
USA, Notes 3.75% 31dec2030, USD (T-2030)
3.77%
USA, Notes 4.5% 15nov2033, USD (F-2033)
2.95%
USA, Notes 1.25% 31may2028, USD (L-2028)
2.87%
USA, Notes 0.875% 15nov2030, USD (F-2030)
2.25%
Massmutual Global Funding II, 4.95% 10jan2030, USD (2025-1)
1.92%
USA, Notes 3.5% 28feb2031, USD (V-2031)
1.79%
Ontario Teachers Pension Plan (OTPP), 2% 16apr2031, USD (1)
1.72%
USA, Notes 0.625% 15aug2030, USD (E-2030)
1.70%
Diversification
UMNY.U
Total weight of top 10 holdings out of 43 total
48.60%
QUB
Total weight of top 10 holdings out of 552 total
26.89%
Characteristics
Compare
UMNY.U
QUB
| Provider | CI | Mackenzie Investments |
| Management | Actively managed | Passively managed |
| Benchmark | - | Solactive US Aggregate Bond Index - CAD Hedged |
| Replication Method | - | Direct (Physical) |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.71% | 3.35% |
| Meets ESG criteria | No | No |
| Inception Date | July 21, 2023 | September 24, 2020 |
Frequently asked questions about UMNY.U and QUB
Which ETF has performed better year to date: UMNY.U or QUB?
As of October 22, 2026, UMNY.U has returned 3.02% year to date, while QUB has returned -3.00%. UMNY.U is ahead on YTD performance.
Which ETF is larger by assets under management: UMNY.U or QUB?
As of October 22, 2026, UMNY.U manages $25.29 M in assets, while QUB manages $124.91 M. QUB is the larger fund by AUM.
How are UMNY.U and QUB managed?
UMNY.U is actively managed by CI. It does not track an index. QUB is passively managed by Mackenzie Investments. It tracks the Solactive US Aggregate Bond Index - CAD Hedged benchmark.
What sectors do UMNY.U and QUB emphasize?
UMNY.U is most exposed to Sovereign, Consumer Cyclicals, and Finance. QUB is most exposed to Sovereign, Finance, and Industrials.
Which ETF is attracting more investor flows: UMNY.U or QUB?
Year to date, UMNY.U has seen +$1.38 M in net flows, compared with +$33.20 M for QUB. QUB has attracted more net investor money so far.
How do the fees of UMNY.U and QUB compare?
UMNY.U has an expense ratio of 0.15%, while QUB has an expense ratio of 0.17%.
What are the top holdings of UMNY.U and QUB?
UMNY.U's largest holdings include Toronto-Dominion Bank, 4.814% 16jul2027, USD and Gulf Power, 3.3% 30may2027, USD (2017A). QUB's top holdings include USA, Bonds 5.5% 15aug2028, USD and USA, Notes 4% 28feb2030, USD (H-2030).
Which ETF is more diversified: UMNY.U or QUB?
UMNY.U holds 30 securities, while QUB holds 510. On holdings count, QUB is the more diversified portfolio.
Recent articles about UMNY.U and QUB
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