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Mackenzie US TIPS Index ETF (CAD-Hedged) (QTIP : NEO)

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Global Fixed Income

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

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FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2023, 2022, 2021

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Close
(06-06-2025) 		$83.17
Change
-$0.48 (-0.57%)
Open $83.65
Day Range $83.17 - $83.65
Volume 2,645

As at April 30, 2025

As at April 30, 2025

  • Closing Price / Volume
Period
Created with Highcharts 10.3.3Closing PriceVolumeJul 2018Jan 2019Jul 2019Jan 2020Jul 2020Jan 2021Jul 2021Jan 2022Jul 2022Jan 2023Jul 2023Jan 2024Jul 2024Jan 2025Jul 2024Aug 2024Sep 2024Oct 2024Nov 2024Dec 2024Jan 2025Feb 2025Mar 2025Apr 2025May 2025Jun 20252019-01-012020-01-012021-01-012022-01-012023-01-012024-01-012025-01-01$80.00$90.00$100.00$110.00$120.00$82.00$84.00$86.00$88.0002,500,0005,000,000250,000500,000Period
Created with Highcharts 10.3.3Jul 2018Jan 2019Jul 2019Jan 2020Jul 2020Jan 2021Jul 2021Jan 2022Jul 2022Jan 2023Jul 2023Jan 2024Jul 2024Jan 2025Jul 2024Aug 2024Sep 2024Oct 2024Nov 2024Dec 2024Jan 2025Feb 2025Mar 2025Apr 2025May 2025Jun 20252019-01-012020-01-012021-01-012022-01-012023-01-012024-01-012025-01-01-20%-10%0%10%20%-4%-2%2%4%Period

Legend

Mackenzie US TIPS Index ETF (CAD-Hedged)

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Fund Returns

Inception Return (January 24, 2018): 2.14%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund -0.06% 2.59% 2.33% 3.78% 6.71% 2.25% -0.19% 0.07% 1.10% 2.33% 2.28% - - -
Benchmark -1.24% 0.48% 2.90% 1.72% 9.54% 3.77% 3.65% 0.12% -1.76% 0.18% 1.02% 0.55% 1.24% 1.95%
Category Average 0.05% 1.55% 1.55% 1.75% 6.23% 3.19% 1.96% -0.34% 0.27% 0.80% 1.06% 0.88% 1.20% 1.28%
Category Rank 145 / 217 22 / 215 31 / 213 8 / 214 56 / 199 125 / 170 131 / 148 29 / 109 11 / 96 3 / 90 4 / 76 - - -
Quartile Ranking 3 1 1 1 2 3 4 2 1 1 1 - - -

Monthly Return

Created with Highcharts 10.3.3May 24Jun 24Jul 24Aug 24Sep 24Oct 24Nov 24Dec 24Jan 25Feb 25Mar 25Apr 25-4%-2%0%2%4%6%
Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund 1.46% 1.03% 1.29% 1.03% 1.23% -1.80% 0.36% -1.75% 1.16% 2.05% 0.58% -0.06%
Benchmark 0.00% 1.16% 3.88% -0.22% 1.89% -0.37% 0.95% 0.21% 1.24% 1.20% 0.53% -1.24%

Best Monthly Return Since Inception

3.81% (July 2022)

Worst Monthly Return Since Inception

-7.31% (September 2022)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - 7.41% 10.34% 5.56% -12.36% 3.19% 0.80%
Benchmark 16.63% -1.36% -0.08% 7.82% 1.45% 7.03% -6.05% -10.83% 2.72% 6.80%
Category Average 2.92% 2.08% 2.75% -0.04% 5.49% 5.94% -1.81% -10.70% 5.33% 2.37%
Quartile Ranking - - - - 1 1 1 3 4 4
Category Rank - - - - 22/ 88 3/ 94 1/ 101 93/ 135 135/ 157 150/ 192

Best Calendar Return (Last 10 years)

10.34% (2020)

Worst Calendar Return (Last 10 years)

-12.36% (2022)

Asset Allocation

Asset Allocation
Name Percent
Foreign Government Bonds 100.00
Derivatives 0.00

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 100.00

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
United States Treasury 0.88% 15-Jan-2029 5.69
United States Treasury 1.13% 15-Jan-2033 5.62
United States Treasury 3.88% 15-Apr-2029 5.39
United States Treasury 0.13% 15-Oct-2026 5.35
United States Treasury 1.75% 15-Jan-2034 5.08
United States Treasury 1.88% 15-Jul-2034 4.96
United States Treasury 0.38% 15-Jan-2027 4.40
United States Treasury 0.13% 15-Jan-2030 4.40
United States Treasury 2.13% 15-Apr-2029 3.93
United States Treasury 3.38% 15-Apr-2032 3.86

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: M. Average Credit Quality: H.
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return12345678910111213141516-8%-6%-4%-2%0%2%4%6%8%

Mackenzie US TIPS Index ETF (CAD-Hedged)

Median

Other - Global Fixed Income

3 Yr Annualized

Standard Deviation 6.96% 6.09% -
Beta 0.70% 0.45% -
Alpha -0.03% 0.02% -
Rsquared 0.33% 0.23% -
Sharpe -0.56% -0.19% -
Sortino -0.51% -0.35% -
Treynor -0.06% -0.03% -
Tax Efficiency - - -
Volatility Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10 -

Risk Rating

Rating 3 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 4.20% 6.96% 6.09% -
Beta 0.43% 0.70% 0.45% -
Alpha 0.03% -0.03% 0.02% -
Rsquared 0.22% 0.33% 0.23% -
Sharpe 0.68% -0.56% -0.19% -
Sortino 1.25% -0.51% -0.35% -
Treynor 0.07% -0.06% -0.03% -
Tax Efficiency 72.11% - - -

Fund Details

Start Date January 24, 2018
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) -
52 Week High $87.06
52 Week Low $82.04
Annual Dividend $4.13
Annual Yield -
Index Solactive US Treasury Inflation-Linked Bond Hedged to CAD Index
Shares Outstanding -
Registered Plan Eligible Yes

ETF Characteristics

Exposure 1x performance
Asset Class High -
Asset Class Medium -
Asset Class Low -
Leveraged -
Inverse -
Advisor Series -
Covered Call Strategy No

Investment Objectives

Mackenzie US TIPS Index ETF (CAD-Hedged) seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Solactive US Treasury Inflation-Linked Bond Hedged to CAD Index, or any successor thereto. It invests primarily in U.S. Treasury Inflation-Protected Securities (TIPS), either directly or indirectly, with its foreign currency hedged back to the Canadian dollar.

Investment Strategy

In order to achieve its investment objectives, the investment strategy of each Mackenzie Solactive Index ETF is to invest in and hold a proportionate share of the Constituent Securities of the applicable Index to seek to replicate the performance of that Index. The Mackenzie Solactive Index ETFs may also hold cash and cash equivalents or other money market instruments in order to meet their current obligations.

Portfolio Management

Portfolio Manager

Mackenzie Financial Corporation
Sub-Advisor

-

Management and Organization

Fund Manager

Mackenzie Financial Corporation
Custodian

Canadian Imperial Bank of Commerce
Registrar

TSX Trust Company
Distributor

-

Fees

MER 0.17%
Management Fee 0.15%

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