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Compare iShares 0-5 Year TIPS Bond Index ETF (XSTH) vs Mackenzie US TIPS Index ETF (QTIP) to find the best fit for your portfolio. XSTH provides Sovereign and Non-Corporate exposures, while QTIP is primarily weighted in Sovereign. When evaluating costs, XSTH features a management fee (MER) of 0.15%, compared to 0.15% for QTIP. Performance-wise, XSTH has returned 0.25% year-to-date with +$2 B in net flows, whereas QTIP is at 1.54% with -$1 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
XSTH
QTIP
| AuM | $2,450.73 M | $390.40 M |
| Management Fees | 0.15% | 0.15% |
| Exp. ratio | 0.11% | 0.17% |
| Tracking Difference | -0.07% | -0.09% |
Historical performance and flows
As of September 14, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XSTH | -0.58% | -0.84% | +0.25% | -0.07% | +10.40% |
QTIP | -1.23% | -2.25% | -1.54% | -2.59% | +7.09% | |
| Flows | XSTH | +$12 M | +$137 M | +$2,019 M | +$2,196 M | +$2,442 M |
QTIP | +$13 M | +$14 M | -$1 M | +$30 M | +$9 M |
XSTH vs QTIP exposure
Countries
XSTH
USA
99.94%
QTIP
USA
100.00%
Sectors
XSTH
Sovereign
95.65%
QTIP
Sovereign
100.00%
As of September 14, 2026
Top 10 Holdings
XSTH
USA, TIPS 1.125% 15oct2030, USD (AE-2030)
5.38%
USA, TIPS 1.25% 15apr2031, USD (X-2031)
5.33%
USA, TIPS 1.625% 15apr2030, USD (X-2030)
5.31%
USA, TIPS 1.625% 15oct2029, USD (AE-2029)
5.19%
USA, TIPS 2.125% 15apr2029, USD (X-2029)
5.02%
USA, TIPS 2.375% 15oct2028, USD (AE-2028)
5.00%
USA, TIPS 1.625% 15oct2027, USD (AE-2027)
4.85%
USA, TIPS 0.125% 15apr2027, USD (X-2027)
4.74%
USA, TIPS 1.25% 15apr2028, USD (X-2028)
4.72%
USA, TIPS 0.125% 15oct2026, USD (AE-2026)
4.70%
QTIP
USA, TIPS 1.875% 15jul2034, USD (D-2034)
5.31%
USA, TIPS 1.875% 15jul2035, USD (D-2035)
5.13%
USA, TIPS 0.125% 15jan2031, USD (A-2031)
5.11%
USA, TIPS 0.125% 15jul2031, USD (D-2031)
5.01%
USA, TIPS 1.75% 15jan2034, USD (A-2034)
4.83%
USA, TIPS 2.125% 15jan2035, USD (A-2035)
4.73%
USA, TIPS 0.875% 15jan2029, USD (A-2029)
4.38%
USA, TIPS 1.625% 15oct2027, USD (AE-2027)
4.26%
USA, TIPS 0.5% 15jan2028, USD (A-2028)
3.82%
USA, TIPS 1.25% 15apr2028, USD (X-2028)
3.75%
Diversification
XSTH
Total weight of top 10 holdings out of 25 total
50.24%
QTIP
Total weight of top 10 holdings out of 45 total
46.33%
Characteristics
Compare
XSTH
QTIP
| Provider | iShares | Mackenzie Investments |
| Management | Passively managed | Passively managed |
| Benchmark | Bloomberg U.S. Treasury TIPS 0-5 Years - CAD Hedged | Solactive US Treasury Inflation-Linked Bond Hedged to CAD TR Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 5.52% | 5.62% |
| Meets ESG criteria | No | No |
| Inception Date | July 12, 2021 | January 24, 2018 |
Frequently asked questions about XSTH and QTIP
Which ETF has performed better year to date: XSTH or QTIP?
As of September 14, 2026, XSTH has returned 0.25% year to date, while QTIP has returned -1.54%. XSTH is ahead on YTD performance.
Which ETF is larger by assets under management: XSTH or QTIP?
As of September 14, 2026, XSTH manages $2.45 B in assets, while QTIP manages $390.40 M. XSTH is the larger fund by AUM.
How are XSTH and QTIP managed?
XSTH is passively managed by iShares. It tracks the Bloomberg U.S. Treasury TIPS 0-5 Years - CAD Hedged benchmark. QTIP is passively managed by Mackenzie Investments. It tracks the Solactive US Treasury Inflation-Linked Bond Hedged to CAD TR Index - CAD benchmark.
What sectors do XSTH and QTIP emphasize?
XSTH is most exposed to Sovereign and Non-Corporate. QTIP is most exposed to Sovereign.
Which ETF is attracting more investor flows: XSTH or QTIP?
Year to date, XSTH has seen +$2,019.00 M in net flows, compared with -$0.67 M for QTIP. XSTH has attracted more net investor money so far.
How do the fees of XSTH and QTIP compare?
XSTH has an expense ratio of 0.11%, while QTIP has an expense ratio of 0.17%.
What are the top holdings of XSTH and QTIP?
XSTH's largest holdings include USA, TIPS 1.125% 15oct2030, USD (AE-2030), USA, TIPS 1.25% 15apr2031, USD (X-2031), and USA, TIPS 1.625% 15apr2030, USD (X-2030). QTIP's top holdings include USA, TIPS 1.875% 15jul2034, USD (D-2034), USA, TIPS 1.875% 15jul2035, USD (D-2035), and USA, TIPS 0.125% 15jan2031, USD (A-2031).
Which ETF is more diversified: XSTH or QTIP?
XSTH holds 25 securities, while QTIP holds 45. On holdings count, QTIP is the more diversified portfolio.
Recent articles about XSTH and QTIP
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