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Compare iShares 1-5 Year Laddered Government Bond Index ETF (CLF) vs iShares Canadian Government Bond Index ETF (XGB) to find the best fit for your portfolio. CLF provides Municipal, Sovereign, and Government Agencies exposures, while XGB is primarily weighted in Sovereign, Municipal, and Government Agencies. When evaluating costs, CLF features a management fee (MER) of 0.15%, compared to 0.12% for XGB. Performance-wise, CLF has returned 0.74% year-to-date with +$165 M in net flows, whereas XGB is at 0.72% with -$212 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
CLF
XGB
| AuM | $772.68 M | $1,594.13 M |
| Management Fees | 0.15% | 0.12% |
| Exp. ratio | 0.16% | 0.13% |
| Tracking Difference | - | - |
Historical performance and flows
As of October 16, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CLF | +0.69% | -0.25% | +0.74% | +0.49% | +13.88% |
XGB | -0.48% | -1.66% | -0.72% | -2.14% | +14.00% | |
| Flows | CLF | +$7 M | +$24 M | +$165 M | +$179 M | +$226 M |
XGB | -$65 M | -$36 M | -$212 M | -$119 M | +$681 M |
CLF vs XGB exposure
Countries
CLF
Canada
99.84%
XGB
Canada
99.18%
Sectors
CLF
Municipal
40.12%
Sovereign
39.69%
Government Agencies
11.10%
Finance
8.93%
XGB
Sovereign
44.40%
Municipal
38.41%
Government Agencies
9.61%
Other
7.58%
As of October 16, 2026
Top 10 Holdings
CLF
Canada, Bond 2 1jun2028 10Y
4.16%
Canada, Bonds 2.75% 1sep2027, CAD
4.07%
Canada, Bond 2.25 1jun2029 10Y
2.80%
Canada, Bonds 3.25% 1sep2028, CAD
2.76%
Canada, Bond 1.25 1jun2030 10Y
2.69%
Canada, Bonds 2.25% 1dec2029, CAD
2.64%
Canada, Bond 0.5 1oct2030 10Y
2.62%
Canada, Bond 1.5 1jun2031 10Y
2.60%
Canada, Bonds 3.5% 1sep2029, CAD
2.60%
Canada, Bonds 2.75% 1sep2030, CAD
2.59%
XGB
Canada, Bonds 2.75% 1sep2030, CAD
2.01%
Canada, Bonds 3.25% 1jun2036, CAD
2.00%
Canada, Bonds 2.75% 1mar2031, CAD
1.99%
Canada, Bonds 3.25% 1dec2035, CAD
1.98%
Canada, Bonds 3.25% 1jun2035, CAD
1.81%
Canada, Bonds 3% 1jun2034, CAD
1.57%
Canada, Bonds 3% 1sep2031, CAD
1.55%
Canada, Bonds 2.75% 1mar2030, CAD
1.55%
Canada, Bonds 3.5% 1sep2029, CAD
1.51%
Canada, Bonds 3.5% 1dec2057, CAD
1.50%
Diversification
CLF
Total weight of top 10 holdings out of 84 total
29.53%
XGB
Total weight of top 10 holdings out of 550 total
17.48%
Characteristics
Compare
CLF
XGB
| Provider | iShares | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | FTSE Canada 1-5 Year Laddered Government Bond TR Index - CAD | FTSE Canada All Government Bond TR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.32% | 3.23% |
| Meets ESG criteria | No | No |
| Inception Date | January 31, 2008 | November 6, 2006 |
Frequently asked questions about CLF and XGB
Which ETF has performed better year to date: CLF or XGB?
As of October 16, 2026, CLF has returned 0.74% year to date, while XGB has returned -0.72%. CLF is ahead on YTD performance.
Which ETF is larger by assets under management: CLF or XGB?
As of October 16, 2026, CLF manages $772.68 M in assets, while XGB manages $1.59 B. XGB is the larger fund by AUM.
How are CLF and XGB managed?
CLF is passively managed by iShares. It tracks the FTSE Canada 1-5 Year Laddered Government Bond TR Index - CAD benchmark. XGB is passively managed by iShares. It tracks the FTSE Canada All Government Bond TR Index - CAD benchmark.
What sectors do CLF and XGB emphasize?
CLF is most exposed to Municipal, Sovereign, and Government Agencies. XGB is most exposed to Sovereign, Municipal, and Government Agencies.
Which ETF is attracting more investor flows: CLF or XGB?
Year to date, CLF has seen +$164.92 M in net flows, compared with -$212.49 M for XGB. CLF has attracted more net investor money so far.
How do the fees of CLF and XGB compare?
CLF has an expense ratio of 0.16%, while XGB has an expense ratio of 0.13%.
What are the top holdings of CLF and XGB?
CLF's largest holdings include Canada, Bond 2 1jun2028 10Y, Canada, Bonds 2.75% 1sep2027, CAD, and Canada, Bond 2.25 1jun2029 10Y. XGB's top holdings include Canada, Bonds 2.75% 1sep2030, CAD, Canada, Bonds 3.25% 1jun2036, CAD, and Canada, Bonds 2.75% 1mar2031, CAD.
Which ETF is more diversified: CLF or XGB?
CLF holds 84 securities, while XGB holds 549. On holdings count, XGB is the more diversified portfolio.
Recent articles about CLF and XGB
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