VS
Compare CI Canadian Short-Term Aggregate Bond Index ETF (CAGS) vs iShares Core Canadian Short Term Corporate + Maple Bond Index ETF (XSH) to find the best fit for your portfolio. CAGS provides Sovereign, Finance, and Municipal exposures, while XSH is primarily weighted in Finance, Energy, and Utilities. When evaluating costs, CAGS features a management fee (MER) of 0.18%, compared to 0.09% for XSH. Performance-wise, CAGS has returned 1.61% year-to-date with +$24 M in net flows, whereas XSH is at 1.93% with +$1 B. 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
CAGS
XSH
| AuM | $40.15 M | $3,189.64 M |
| Management Fees | 0.18% | 0.09% |
| Exp. ratio | 0.07% | 0.10% |
| Tracking Difference | - | -0.11% |
Historical performance and flows
As of November 5, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CAGS | +0.80% | +0.42% | +1.61% | +1.39% | +14.44% |
XSH | +0.71% | +0.27% | +1.93% | +2.03% | +18.08% | |
| Flows | CAGS | +$0 M | -$9 M | +$24 M | +$24 M | -$9 M |
XSH | +$88 M | +$495 M | +$1,028 M | +$1,160 M | +$2,044 M |
CAGS vs XSH exposure
Countries
CAGS
Canada
97.74%
XSH
Canada
86.64%
USA
7.40%
Sectors
CAGS
Sovereign
38.88%
Finance
22.45%
Municipal
14.91%
Government Agencies
11.40%
Other
12.37%
XSH
Finance
61.34%
Energy
7.50%
Utilities
7.03%
Other
24.13%
As of November 5, 2026
Top 10 Holdings
CAGS
Canada, Bonds 4% 1mar2029, CAD
17.05%
CMHC, 2.1% 15sep2029, CAD (88)
7.93%
Canada, Bonds 2.25% 1dec2029, CAD
7.29%
Canada, Bonds 3% 1sep2031, CAD
3.03%
CMHC, 1.75% 15jun2030, CAD (92)
2.87%
Canada, Bond 0.5 1oct2030 10Y
2.60%
Province of Ontario, 2.15% 2jun2031, CAD (DMTN249)
2.58%
Canada, Bond 1.5 1jun2031 10Y
2.06%
Province of Quebec, 2.75% 1sep2028, CAD (B124)
1.84%
Canada, Bonds 2.75% 1mar2030, CAD
1.65%
XSH
Bank of Nova Scotia, 3.61% 30jan2032, CAD
0.89%
Royal Bank of Canada, 3.572% 9dec2031, CAD
0.88%
Toronto-Dominion Bank, 3.687% 9jan2032, CAD
0.78%
CIBC, 3.65% 13jan2032, CAD
0.75%
Toronto-Dominion Bank, 3.857% 7apr2032, CAD
0.69%
Toronto-Dominion Bank, 4.68% 8jan2029, CAD
0.67%
Bank of Nova Scotia, 3.734% 27jun2031, CAD
0.66%
Amazon.com, 3.7% 12jun2031, CAD
0.65%
Royal Bank of Canada, 4.632% 1may2028, CAD
0.65%
Bank of Montreal, 4.709% 7dec2027, CAD
0.64%
Diversification
CAGS
Total weight of top 10 holdings out of 349 total
48.91%
XSH
Total weight of top 10 holdings out of 665 total
7.25%
Characteristics
Compare
CAGS
XSH
| Provider | CI | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | FTSE Canada Short Term Overall Bond TR Index - CAD | FTSE Canada Universe + Maple Short Term Corporate Bond TR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.31% | 3.98% |
| Meets ESG criteria | No | No |
| Inception Date | June 22, 2017 | September 13, 2011 |
Frequently asked questions about CAGS and XSH
Which ETF has performed better year to date: CAGS or XSH?
As of November 5, 2026, CAGS has returned 1.61% year to date, while XSH has returned 1.93%. XSH is ahead on YTD performance.
Which ETF is larger by assets under management: CAGS or XSH?
As of November 5, 2026, CAGS manages $40.15 M in assets, while XSH manages $3.19 B. XSH is the larger fund by AUM.
How are CAGS and XSH managed?
CAGS is passively managed by CI. It tracks the FTSE Canada Short Term Overall Bond TR Index - CAD benchmark. XSH is passively managed by iShares. It tracks the FTSE Canada Universe + Maple Short Term Corporate Bond TR Index - CAD benchmark.
What sectors do CAGS and XSH emphasize?
CAGS is most exposed to Sovereign, Finance, and Municipal. XSH is most exposed to Finance, Energy, and Utilities.
Which ETF is attracting more investor flows: CAGS or XSH?
Year to date, CAGS has seen +$23.86 M in net flows, compared with +$1,028.02 M for XSH. XSH has attracted more net investor money so far.
How do the fees of CAGS and XSH compare?
CAGS has an expense ratio of 0.07%, while XSH has an expense ratio of 0.10%.
What are the top holdings of CAGS and XSH?
CAGS's largest holdings include Canada, Bonds 4% 1mar2029, CAD, CMHC, 2.1% 15sep2029, CAD (88), and Canada, Bonds 2.25% 1dec2029, CAD. XSH's top holdings include Bank of Nova Scotia, 3.61% 30jan2032, CAD and Royal Bank of Canada, 3.572% 9dec2031, CAD.
Which ETF is more diversified: CAGS or XSH?
CAGS holds 347 securities, while XSH holds 631. On holdings count, XSH is the more diversified portfolio.
Recent articles about CAGS and XSH
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