VS
Vanguard U.S. Aggregate Bond Index ETF (VBU) and Mackenzie US Investment Grade Corporate Bond Index ETF (QUIG) offer distinct profiles for Canadian ETF investors. A direct comparison shows that VBU focuses its top 3 sector exposures on Sovereign, Finance, and Industrials, while QUIG leans towards Finance, Technology, and Healthcare. When evaluating costs, VBU features a management fee (MER) of 0.2%, compared to 0.15% for QUIG. Performance-wise, VBU has returned 4.07% year-to-date with +$381 M in net flows, whereas QUIG is at 4.92% with +$55 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
VBU
QUIG
| AuM | $1,866.23 M | $640.55 M |
| Management Fees | 0.20% | 0.15% |
| Exp. ratio | 0.23% | 0.17% |
| Tracking Difference | -0.53% | 0.12% |
Historical performance and flows
As of October 1, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | VBU | -2.51% | -3.82% | -4.07% | -4.04% | +9.74% |
QUIG | -2.87% | -4.79% | -4.92% | -5.16% | +9.72% | |
| Flows | VBU | +$29 M | +$88 M | +$381 M | +$542 M | +$1,085 M |
QUIG | +$0 M | -$33 M | +$55 M | +$171 M | +$206 M |
VBU vs QUIG exposure
Countries
VBU
USA
75.17%
Other
18.96%
QUIG
USA
92.26%
Other
7.74%
Sectors
VBU
Sovereign
47.53%
Other
18.96%
Finance
10.71%
Industrials
7.30%
Other
15.51%
QUIG
Finance
46.56%
Technology
17.65%
Healthcare
9.00%
Telecommunications
8.88%
Other
17.90%
As of October 1, 2026
Top 10 Holdings
VBU
USA, Notes 3.5% 31jan2028, USD (U-2028)
0.47%
USA, Notes 4.25% 15nov2034, USD (F-2034)
0.41%
USA, Notes 4.375% 15may2034, USD (C-2034)
0.41%
USA, Notes 3.375% 30nov2027, USD (BL-2027)
0.40%
USA, Notes 4.625% 15feb2035, USD (B-2035)
0.40%
USA, Notes 3.875% 15aug2034, USD (E-2034)
0.40%
USA, Notes 4% 15feb2034, USD (B-2034)
0.39%
USA, Notes 4.125% 15feb2036, USD (B-2036)
0.39%
USA, Notes 4.25% 15aug2035, USD (E-2035)
0.38%
USA, Notes 4.5% 15nov2033, USD (F-2033)
0.38%
QUIG
Amazon.com, 2.1% 12may2031, USD
1.53%
Anheuser-Busch, 4.7% 1feb2036, USD
1.30%
Bank of America Corporation, 5.015% 22jul2033, USD (N)
1.28%
JP Morgan, 5.299% 24jul2029, USD
1.23%
CVS Health, 3.25% 15aug2029, USD
1.10%
Goldman Sachs, 6.75% 1oct2037, USD
1.10%
Morgan Stanley, 4.238% 9jan2030, USD (I)
1.08%
Oracle, 4.55% 4feb2029, USD
1.08%
Wells Fargo, 4.15% 24jan2029, USD (Q)
1.03%
Wells Fargo, 5.605% 23apr2036, USD (W)
0.98%
Diversification
VBU
Total weight of top 10 holdings out of 15,072 total
4.04%
QUIG
Total weight of top 10 holdings out of 408 total
11.72%
Characteristics
Compare
VBU
QUIG
| Provider | Vanguard | Mackenzie Investments |
| Management | Passively managed | Passively managed |
| Benchmark | Bloomberg U.S. Aggregate Float Adjusted Bond (CAD Hedged) Total Return Index - CAD | Solactive Select USD Investment Grade Corporate Hedged to CAD TR Index - CAD |
| Replication Method | Other | Direct (Physical) |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.84% | 3.99% |
| Meets ESG criteria | No | No |
| Inception Date | June 30, 2014 | January 29, 2018 |
Frequently asked questions about VBU and QUIG
Which ETF has performed better year to date: VBU or QUIG?
As of October 1, 2026, VBU has returned -4.07% year to date, while QUIG has returned -4.92%. VBU is ahead on YTD performance.
Which ETF is larger by assets under management: VBU or QUIG?
As of October 1, 2026, VBU manages $1.87 B in assets, while QUIG manages $640.55 M. VBU is the larger fund by AUM.
How are VBU and QUIG managed?
VBU is passively managed by Vanguard. It tracks the Bloomberg U.S. Aggregate Float Adjusted Bond (CAD Hedged) Total Return Index - CAD benchmark. QUIG is passively managed by Mackenzie Investments. It tracks the Solactive Select USD Investment Grade Corporate Hedged to CAD TR Index - CAD benchmark.
What sectors do VBU and QUIG emphasize?
VBU is most exposed to Sovereign, Finance, and Industrials. QUIG is most exposed to Finance, Technology, and Healthcare.
Which ETF is attracting more investor flows: VBU or QUIG?
Year to date, VBU has seen +$381.12 M in net flows, compared with +$54.64 M for QUIG. VBU has attracted more net investor money so far.
How do the fees of VBU and QUIG compare?
VBU has an expense ratio of 0.23%, while QUIG has an expense ratio of 0.17%.
What are the top holdings of VBU and QUIG?
VBU's largest holdings include USA, Notes 3.5% 31jan2028, USD (U-2028) and USA, Notes 4.25% 15nov2034, USD (F-2034). QUIG's top holdings include Amazon.com, 2.1% 12may2031, USD, Anheuser-Busch, 4.7% 1feb2036, USD, and Bank of America Corporation, 5.015% 22jul2033, USD (N).
Which ETF is more diversified: VBU or QUIG?
VBU holds 9484 securities, while QUIG holds 407. On holdings count, VBU is the more diversified portfolio.
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