VS
Global X 0-3 Month T-Bill ETF (CBIL) and iShares Canadian Universe Bond Index ETF (XBB) offer distinct profiles for Canadian ETF investors. A direct comparison shows that CBIL focuses its top 3 sector exposures on Sovereign, while XBB leans towards Sovereign, Municipal, and Finance. When evaluating costs, CBIL features a management fee (MER) of 0.1%, compared to 0.09% for XBB. Performance-wise, CBIL has returned 1.81% year-to-date with +$1 B in net flows, whereas XBB is at 0.62% with +$2 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
CBIL
XBB
| AuM | $3,029.81 M | $10,954.76 M |
| Management Fees | 0.10% | 0.09% |
| Exp. ratio | 0.11% | 0.10% |
| Tracking Difference | - | - |
Historical performance and flows
As of October 30, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CBIL | +0.18% | +0.55% | +1.81% | +2.19% | +7.33% |
XBB | +1.49% | -0.35% | +0.62% | -0.33% | +15.78% | |
| Flows | CBIL | +$199 M | +$526 M | +$1,440 M | +$1,452 M | +$2,526 M |
XBB | -$17 M | +$985 M | +$2,082 M | +$2,561 M | +$4,564 M |
CBIL vs XBB exposure
Countries
CBIL
Canada
100.00%
XBB
Canada
95.50%
Sectors
CBIL
Sovereign
100.00%
XBB
Sovereign
33.30%
Municipal
28.35%
Finance
13.96%
Government Agencies
7.14%
Other
17.25%
As of October 30, 2026
Top 10 Holdings
CBIL
Canada, Bills 0% 9nov2023, CAD (364D)
94.29%
Canada, Bills 0% 16dec2026, CAD (182D)
5.71%
XBB
Canada, Bonds 2.75% 1mar2031, CAD
1.50%
Canada, Bonds 2.75% 1sep2030, CAD
1.50%
Canada, Bonds 3.25% 1dec2035, CAD
1.48%
Canada, Bonds 3% 1sep2031, CAD
1.45%
Canada, Bonds 3.25% 1jun2036, CAD
1.44%
Canada, Bonds 3.25% 1jun2035, CAD
1.38%
Canada, Bonds 3% 1jun2034, CAD
1.20%
Canada, Bonds 2.75% 1mar2030, CAD
1.19%
Canada, Bonds 3.5% 1dec2057, CAD
1.13%
Canada, Bonds 3.5% 1sep2029, CAD
1.11%
Diversification
CBIL
Total weight of top 10 holdings out of 2 total
100.00%
XBB
Total weight of top 10 holdings out of 1,921 total
13.38%
Characteristics
Compare
CBIL
XBB
| Provider | Global X | iShares |
| Management | Actively managed | Passively managed |
| Benchmark | - | FTSE Canada Universe Bond TR Index - CAD |
| Replication Method | - | Direct (Physical) |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.39% | 3.52% |
| Meets ESG criteria | No | No |
| Inception Date | April 12, 2023 | November 20, 2000 |
Frequently asked questions about CBIL and XBB
Which ETF has performed better year to date: CBIL or XBB?
As of October 30, 2026, CBIL has returned 1.81% year to date, while XBB has returned 0.62%. CBIL is ahead on YTD performance.
Which ETF is larger by assets under management: CBIL or XBB?
As of October 30, 2026, CBIL manages $3.03 B in assets, while XBB manages $10.95 B. XBB is the larger fund by AUM.
How are CBIL and XBB managed?
CBIL is actively managed by Global X. It does not track an index. XBB is passively managed by iShares. It tracks the FTSE Canada Universe Bond TR Index - CAD benchmark.
What sectors do CBIL and XBB emphasize?
CBIL is most exposed to Sovereign. XBB is most exposed to Sovereign, Municipal, and Finance.
Which ETF is attracting more investor flows: CBIL or XBB?
Year to date, CBIL has seen +$1,440.47 M in net flows, compared with +$2,081.98 M for XBB. XBB has attracted more net investor money so far.
How do the fees of CBIL and XBB compare?
CBIL has an expense ratio of 0.11%, while XBB has an expense ratio of 0.10%.
What are the top holdings of CBIL and XBB?
CBIL's largest holdings include Canada, Bills 0% 9nov2023, CAD (364D) and Canada, Bills 0% 16dec2026, CAD (182D). XBB's top holdings include Canada, Bonds 2.75% 1mar2031, CAD and Canada, Bonds 2.75% 1sep2030, CAD.
Which ETF is more diversified: CBIL or XBB?
CBIL holds 2 securities, while XBB holds 1855. On holdings count, XBB is the more diversified portfolio.
Recent articles about CBIL and XBB
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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.