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, Municipal, and Banks exposures, while XSH is primarily weighted in Banks, Pipelines, and Communication services. When evaluating costs, CAGS features a management fee (MER) of 0.18%, compared to 0.09% for XSH. Performance-wise, CAGS has returned 0.27% year-to-date with +$29 M in net flows, whereas XSH is at 0.26% with +$196 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
CAGS
XSH
| AuM | $45.01 M | $2,368.59 M |
| Management Fees | 0.18% | 0.09% |
| Exp. ratio | 0.08% | 0.10% |
| Tracking Difference | - | -0.11% |
Historical performance and flows
As of April 29, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CAGS | +0.21% | -0.17% | +0.27% | +2.20% | +13.77% |
XSH | +0.25% | -0.26% | +0.26% | +3.42% | +17.16% | |
| Flows | CAGS | +$26 M | +$24 M | +$29 M | +$21 M | -$3 M |
XSH | +$21 M | +$142 M | +$196 M | +$869 M | +$1,091 M |
CAGS vs XSH exposure
Countries
CAGS
Canada
99.94%
XSH
Canada
93.78%
Sectors
CAGS
Sovereign
32.25%
Municipal
15.62%
Other
14.16%
Banks
9.28%
Government agencies
9.07%
Other
19.61%
XSH
Banks
27.92%
Other
25.15%
Other
46.92%
As of April 29, 2026
Top 10 Holdings
CAGS
Canada, Bonds 4% 1mar2029, CAD
7.01%
CA135087T388
5.50%
Canada, Bonds 3.25% 1sep2028, CAD
5.11%
Canada, Bonds 2.75% 1may2027, CAD
3.32%
CA13509PKC63
3.10%
Canada, Bond 1.25 1jun2030 10Y
2.98%
Canada, Bond 0.5 1oct2030 10Y
2.84%
Canada, Bonds 2.75% 1mar2030, CAD
2.80%
Canada, Bonds 3.5% 1sep2029, CAD
2.50%
CMHC, 1.75% 15jun2030, CAD (92)
2.21%
XSH
CA06418Y4L93
0.94%
CA779926WF74
0.90%
CA89116C7J09
0.80%
CA13607QQT27
0.79%
Toronto-Dominion Bank, 4.21% 1jun2027, CAD
0.74%
CA06418YXB96
0.73%
Bank of Montreal, 4.709% 7dec2027, CAD
0.70%
Royal Bank of Canada, 4.632% 1may2028, CAD
0.68%
Toronto-Dominion Bank, 4.68% 8jan2029, CAD
0.67%
Bank of Montreal, 4.309% 1jun2027, CAD
0.66%
Diversification
CAGS
Total weight of top 10 holdings out of 405 total
37.35%
XSH
Total weight of top 10 holdings out of 616 total
7.60%
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 | 3.27% | 3.92% |
| 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 April 29, 2026, CAGS has returned 0.27% year to date, while XSH has returned 0.26%. CAGS is ahead on YTD performance.
Which ETF is larger by assets under management: CAGS or XSH?
As of April 29, 2026, CAGS manages $45.01 M in assets, while XSH manages $2.37 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, Municipal, and Banks. XSH is most exposed to Banks, Pipelines, and Communication services.
Which ETF is attracting more investor flows: CAGS or XSH?
Year to date, CAGS has seen +$28.51 M in net flows, compared with +$196.00 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 0.08%, 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 and Canada, Bonds 3.25% 1sep2028, CAD. XSH's top holdings include Toronto-Dominion Bank, 4.21% 1jun2027, CAD and Bank of Montreal, 4.709% 7dec2027, CAD.
Which ETF is more diversified: CAGS or XSH?
CAGS holds 362 securities, while XSH holds 467. On holdings count, XSH is the more diversified portfolio.
Recent articles about CAGS and XSH
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All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.