VS
Evolve Enhanced Yield Bond Fund ETF (BOND.U) and TD U.S. Long Term Treasury Bond ETF (TULB) offer distinct profiles for Canadian ETF investors. A direct comparison shows that BOND.U focuses its top 3 sector exposures on Sovereign and Non-Corporate, while TULB leans towards Sovereign. When evaluating costs, BOND.U features a management fee (MER) of 0.75%, compared to 0.23% for TULB. Performance-wise, BOND.U has returned 2.62% year-to-date with -$5 M in net flows, whereas TULB is at 4.09% with +$158 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
BOND.U
TULB
| AuM | $16.01 M | $271.83 M |
| Management Fees | 0.75% | 0.23% |
| Exp. ratio | 0.74% | 0.23% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 10, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | BOND.U | -0.78% | -2.93% | -2.62% | -3.53% | - |
TULB | -2.02% | -4.44% | -4.09% | -5.90% | +1.72% | |
| Flows | BOND.U | -$2 M | -$2 M | -$5 M | -$19 M | - |
TULB | +$22 M | +$57 M | +$158 M | +$190 M | +$168 M |
BOND.U vs TULB exposure
Countries
BOND.U
USA
98.54%
TULB
USA
99.89%
Sectors
BOND.U
Sovereign
98.54%
TULB
Sovereign
99.89%
As of September 10, 2026
Top 10 Holdings
BOND.U
USA, Bonds 4.75% 15may2055, USD
3.53%
USA, Bonds 4.75% 15nov2053, USD
3.52%
USA, Bonds 4.125% 15aug2053, USD
3.48%
USA, Bonds 4.625% 15may2054, USD
3.45%
USA, Bonds 4.25% 15feb2054, USD
3.24%
USA, Bonds 4.75% 15feb2056, USD
3.23%
USA, Bonds 4.25% 15aug2054, USD
3.17%
USA, Bonds 4.625% 15feb2055, USD
3.15%
USA, Bonds 4.5% 15nov2054, USD
3.04%
USA, Bonds 3.625% 15may2053, USD
2.89%
TULB
USA, Bonds 4.625% 15nov2055, USD
12.77%
USA, Bonds 4.75% 15feb2056, USD
12.38%
USA, Bonds 1.875% 15nov2051, USD
9.03%
USA, Bonds 4.75% 15may2055, USD
9.01%
USA, Bonds 2.25% 15aug2049, USD
8.83%
USA, Bonds 4% 15nov2052, USD
7.86%
USA, Bonds 4.75% 15nov2053, USD
7.34%
USA, Bonds 4.25% 15feb2054, USD
6.75%
USA, Bonds 5% 15may2056, USD
6.20%
USA, Bonds 4.5% 15nov2054, USD
5.34%
Diversification
BOND.U
Total weight of top 10 holdings out of 100 total
32.70%
TULB
Total weight of top 10 holdings out of 18 total
85.51%
Characteristics
Compare
BOND.U
TULB
| Provider | Evolve ETFs | TD Asset Management |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | ||
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 13.05% | 4.85% |
| Meets ESG criteria | No | No |
| Inception Date | February 15, 2024 | November 26, 2019 |
Frequently asked questions about BOND.U and TULB
Which ETF has performed better year to date: BOND.U or TULB?
As of September 10, 2026, BOND.U has returned -2.62% year to date, while TULB has returned -4.09%. BOND.U is ahead on YTD performance.
Which ETF is larger by assets under management: BOND.U or TULB?
As of September 10, 2026, BOND.U manages $16.01 M in assets, while TULB manages $271.83 M. TULB is the larger fund by AUM.
How are BOND.U and TULB managed?
BOND.U is actively managed by Evolve ETFs. It does not track an index. TULB is actively managed by TD Asset Management. It does not track an index.
What sectors do BOND.U and TULB emphasize?
BOND.U is most exposed to Sovereign and Non-Corporate. TULB is most exposed to Sovereign.
Which ETF is attracting more investor flows: BOND.U or TULB?
Year to date, BOND.U has seen -$5.16 M in net flows, compared with +$158.42 M for TULB. TULB has attracted more net investor money so far.
How do the fees of BOND.U and TULB compare?
BOND.U has an expense ratio of 0.74%, while TULB has an expense ratio of 0.23%.
What are the top holdings of BOND.U and TULB?
BOND.U's largest holdings include USA, Bonds 4.75% 15may2055, USD, USA, Bonds 4.75% 15nov2053, USD, and USA, Bonds 4.125% 15aug2053, USD. TULB's top holdings include USA, Bonds 4.625% 15nov2055, USD, USA, Bonds 4.75% 15feb2056, USD, and USA, Bonds 1.875% 15nov2051, USD.
Which ETF is more diversified: BOND.U or TULB?
BOND.U holds 100 securities, while TULB holds 18. On holdings count, BOND.U is the more diversified portfolio.
Recent articles about BOND.U and TULB
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