VS
Compare iShares Short Term Strategic Fixed Income ETF (XSI) vs Mackenzie U.S. Aggregate Bond Index ETF (QUB) to find the best fit for your portfolio. XSI and QUB provide the same top sector exposures: Sovereign, Finance, and Industrials. When evaluating costs, XSI features a management fee (MER) of 0.5%, compared to 0.15% for QUB. Performance-wise, XSI has returned 1.42% year-to-date with +$0 M in net flows, whereas QUB is at 4.48% 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
XSI
QUB
| AuM | $40.52 M | $122.99 M |
| Management Fees | 0.50% | 0.15% |
| Exp. ratio | 0.53% | 0.17% |
| Tracking Difference | - | -0.09% |
Historical performance and flows
As of October 9, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XSI | -0.71% | -1.75% | -1.42% | -1.41% | +13.70% |
QUB | -2.46% | -3.68% | -4.48% | -4.17% | +6.90% | |
| Flows | XSI | -$2 M | -$3 M | +$0 M | +$0 M | -$8 M |
QUB | +$3 M | +$5 M | +$33 M | +$51 M | +$100 M |
XSI vs QUB exposure
Countries
XSI
USA
58.66%
Canada
24.55%
Other
10.05%
QUB
USA
79.23%
Other
12.43%
Other
8.34%
Sectors
XSI
Sovereign
25.47%
Finance
17.82%
Other
10.06%
Other
46.64%
QUB
Sovereign
47.82%
Finance
19.86%
Other
12.43%
Industrials
7.22%
Other
12.67%
As of October 9, 2026
Top 10 Holdings
XSI
Canada, Bonds 3.5% 1dec2057, CAD
2.64%
Canada, Bond 2 1jan2051 30Y
1.92%
Canada, Bonds 2.75% 1dec2055, CAD
1.87%
Canada, Bond 1.75 1dec2053 30Y
1.51%
BlackRock Cash Funds - Institutional
0.91%
Canada, Bond 3.5 1dec2045 30Y
0.59%
Canada, Bond 2.75 1dec2048 30Y
0.57%
Province of Ontario, FRN 27nov2028, CAD (DMTN261)
0.53%
Canada Housing Trust, FRN 15mar2028, CAD (111)
0.51%
Canada Housing Trust, FRN 15sep2027, CAD (108)
0.50%
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
XSI
Total weight of top 10 holdings out of 16,107 total
11.55%
QUB
Total weight of top 10 holdings out of 552 total
26.89%
Characteristics
Compare
XSI
QUB
| Provider | iShares | 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 | 4.53% | 3.40% |
| Meets ESG criteria | No | No |
| Inception Date | January 20, 2015 | September 24, 2020 |
Frequently asked questions about XSI and QUB
Which ETF has performed better year to date: XSI or QUB?
As of October 9, 2026, XSI has returned -1.42% year to date, while QUB has returned -4.48%. XSI is ahead on YTD performance.
Which ETF is larger by assets under management: XSI or QUB?
As of October 9, 2026, XSI manages $40.52 M in assets, while QUB manages $122.99 M. QUB is the larger fund by AUM.
How are XSI and QUB managed?
XSI is actively managed by iShares. 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 XSI and QUB emphasize?
XSI is most exposed to Sovereign, Finance, and Industrials. QUB is most exposed to Sovereign, Finance, and Industrials.
Which ETF is attracting more investor flows: XSI or QUB?
Year to date, XSI has seen +$0.11 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 XSI and QUB compare?
XSI has an expense ratio of 0.53%, while QUB has an expense ratio of 0.17%.
What are the top holdings of XSI and QUB?
XSI's largest holdings include Canada, Bonds 3.5% 1dec2057, CAD and Canada, Bond 2 1jan2051 30Y. QUB's top holdings include USA, Bonds 5.5% 15aug2028, USD and USA, Notes 4% 28feb2030, USD (H-2030).
Which ETF is more diversified: XSI or QUB?
XSI holds 7821 securities, while QUB holds 510. On holdings count, XSI is the more diversified portfolio.
Recent articles about XSI and QUB
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