What is the Best American Bond ETF in Canada?
- CFRT.TO: CI Floating Rate Income Fund
- CINC.TO: CI DoubleLine Income US$ Fund
- DXO.TO: Dynamic Active Crossover Bond ETF
- HUF.TO: Horizons Active Ultra-Short Term US Investment Grade Bond ETF
- MFT.TO: Mackenzie Floating Rate Income ETF
- PFL.TO: Invesco 1-3 Year Laddered Floating Rate Note Index ETF
- QTIP.NE: Mackenzie US TIPS Index ETF (CAD-Hedged)
- TUHY.TO: TD Active U.S. High Yield Bond ETF
- TUSB.TO: TD Select U.S. Short Term Corporate Bond Ladder ETF
- VBU.NE: Vanguard U.S. Aggregate Bond Index ETF (CAD-hedged)
- XAGG.TO: iShares U.S. Aggregate Bond Index ETF
- XAGH.TO: iShares U.S. Aggregate Bond Index ETF
- XCBU.TO: iShares U.S. IG Corporate Bond Index ETF
- XHY.TO: iShares U.S. High Yield Bond Index ETF (CAD-Hedged)
- XIG.TO: iShares U.S. IG Corporate Bond Index ETF (CAD-Hedged)
- XIGS.TO: iShares 1-5 Year U.S. IG Corporate Bond Index ETF
- XSHU.TO: iShares 1-5 Year U.S. IG Corporate Bond Index ETF
- XSTH.TO: iShares 0-5 Year TIPS Bond Index ETF
- XSTP.TO: iShares 0-5 Year TIPS Bond Index ETF
- XTLH.TO: iShares 20+ Year U.S. Treasury Bond Index CAD Hdg ETF
- XTLT.TO: iShares 20+ Year U.S. Treasury Bond Index ETF
- ZFH.TO: BMO Floating Rate High Yield ETF
- ZIC.TO: BMO Mid-Term US IG Corporate Bond Index ETF
Here is a table comparing MFT to similar American bond ETFs in Canada as of December 31, 2023.
| Manager |  |  | |  |  |  |  |  |  |
| ETF | XHY | ZFH | ZIC | CFRT | DXO | HUF | PFH.F | MFT | TUHY |
| Inception | 2010-01-21 | 2014-02-10 | 2013-03-19 | 2022-04-13 | 2017-01-20 | 2013-09-13 | 2011-06-08 | 2016-04-19 | 2019-11-19 |
| MER | 0.66% | 0.45% | 0.28% | 0.63 | 0.56% | 0.47% | 0.55% | 0.67% | 0.62% |
| AUM | $399,538,508 | $74,270,000 | $2,875,510,000 | $4,050,000 | $52,450,000 | $14,578,902 | $155,284,643 | $562,002,911 | $27,700,000 |
| Duration | 3.38 | N/A | N/A | N/A | N/A | N/A | N/A | 4.72 | 4.99 |
| Coupon | 5.94% | N/A | N/A | N/A | N/A | N/A | N/A | 9.48% | 5.2% |
| Yield | 5.81% | 8.77% | 3.90% | 6.68% | 7.17% | 4.65 % | N/A | 9.68% | 6.12% |
| Distributions | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly |
| 1Y | 11.34% | 13.38% | 6.36% | 9.5% | 11.45% | 4.48% | 10.06% | 11.7% | 10.59% |
| 3Y | 0.72% | 5.66% | -1.54% | N/A | 0.92% | 3.80% | 0.95% | 3.6% | 0.84% |
| 5Y | 3.52% | 4.80% | 2.18% | N/A | 4.91% | 2.54% | 3.66% | 3.1% | N/A |
| 10Y | 2.94% | N/A | 5.23% | N/A | N/A | 4.55% | 3.16% | N/A | N/A |
