VS
iShares 1-10 Year Laddered Government Bond Index ETF (CLG) and NBI Sustainable Canadian Bond ETF (NSCB) offer distinct profiles for Canadian ETF investors. A direct comparison shows that CLG focuses its top 3 sector exposures on Municipal, Sovereign, and Government Agencies, while NSCB leans towards Finance, Sovereign, and Utilities. When evaluating costs, CLG features a management fee (MER) of 0.15%, compared to 0.63% for NSCB. Performance-wise, CLG has returned 0.57% year-to-date with +$173 M in net flows, whereas NSCB is at 2.35% with +$39 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
CLG
NSCB
| AuM | $1,007.08 M | $2,812.23 M |
| Management Fees | 0.15% | 0.63% |
| Exp. ratio | 0.17% | 0.61% |
| Tracking Difference | - | - |
Historical performance and flows
As of October 16, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CLG | +0.83% | -0.58% | +0.57% | -0.04% | +14.98% |
NSCB | +0.71% | -1.86% | -2.35% | -4.32% | +5.41% | |
| Flows | CLG | +$10 M | +$33 M | +$173 M | +$279 M | +$421 M |
NSCB | +$1 M | +$42 M | +$39 M | +$52 M | +$914 M |
CLG vs NSCB exposure
Countries
CLG
Canada
100.72%
NSCB
Canada
94.79%
Sectors
CLG
Municipal
40.25%
Sovereign
39.91%
Government Agencies
17.81%
NSCB
Finance
28.83%
Sovereign
19.54%
Utilities
19.38%
Municipal
16.63%
Industrials
7.35%
Other
8.27%
As of October 16, 2026
Top 10 Holdings
CLG
Canada, Bond 2 1jun2028 10Y
4.23%
Canada, Bond 1.25 1jun2030 10Y
3.80%
Canada, Bonds 2.5% 1dec2032, CAD
2.40%
Canada, Bonds 2.75% 1jun2033, CAD
2.38%
Canada, Bond 1 1jun2027 10Y
2.19%
Canada, Bonds 1.5% 1dec2031 10Y
2.13%
Canada, Bonds 2% 1jun2032, CAD
2.10%
Canada, Bond 0.5 1oct2030 10Y
2.06%
Canada, Bond 1.5 1jun2031 10Y
1.97%
CMHC, 2.65% 15dec2028, CAD (85)
1.96%
NSCB
Canada, Bonds 3.5% 1mar2034, CAD
9.82%
Canada, Bonds 3.25% 1mar2036, CAD
4.47%
Hydro-Quebec, 5% 15feb2050, CAD (JN)
3.20%
Canada, Bonds 3.5% 1dec2056, CAD (D)
2.72%
Province of Ontario, 4.1% 7oct2054, CAD (DMTN267)
2.62%
Canada, Bonds 3% 1mar2032, CAD (C)
2.53%
PSP Capital, 4.4% 2dec2030, CAD (G-13)
2.49%
PSP Capital, 2.6% 1mar2032, CAD (G-4)
2.40%
Hydro-Quebec, 4% 15feb2055, CAD (JQ)
2.29%
Province of Ontario, FRN 19nov2030, CAD (DMTN274)
2.19%
Diversification
CLG
Total weight of top 10 holdings out of 98 total
25.23%
NSCB
Total weight of top 10 holdings out of 158 total
34.72%
Characteristics
Compare
CLG
NSCB
| Provider | iShares | National Bank Investments |
| Management | Passively managed | Actively managed |
| Benchmark | FTSE Canada 1-10 Year Laddered Government Bond TR Index - CAD | - |
| Replication Method | Direct (Physical) | - |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.62% | 0.00% |
| Meets ESG criteria | No | Yes |
| Inception Date | October 20, 2011 | January 23, 2020 |
Frequently asked questions about CLG and NSCB
Which ETF has performed better year to date: CLG or NSCB?
As of October 16, 2026, CLG has returned 0.57% year to date, while NSCB has returned -2.35%. CLG is ahead on YTD performance.
Which ETF is larger by assets under management: CLG or NSCB?
As of October 16, 2026, CLG manages $1.01 B in assets, while NSCB manages $2.81 B. NSCB is the larger fund by AUM.
How are CLG and NSCB managed?
CLG is passively managed by iShares. It tracks the FTSE Canada 1-10 Year Laddered Government Bond TR Index - CAD benchmark. NSCB is actively managed by National Bank Investments. It does not track an index.
What sectors do CLG and NSCB emphasize?
CLG is most exposed to Municipal, Sovereign, and Government Agencies. NSCB is most exposed to Finance, Sovereign, and Utilities.
Which ETF is attracting more investor flows: CLG or NSCB?
Year to date, CLG has seen +$172.85 M in net flows, compared with +$38.61 M for NSCB. CLG has attracted more net investor money so far.
How do the fees of CLG and NSCB compare?
CLG has an expense ratio of 0.17%, while NSCB has an expense ratio of 0.61%.
What are the top holdings of CLG and NSCB?
CLG's largest holdings include Canada, Bond 2 1jun2028 10Y, Canada, Bond 1.25 1jun2030 10Y, and Canada, Bonds 2.5% 1dec2032, CAD. NSCB's top holdings include Canada, Bonds 3.5% 1mar2034, CAD, Canada, Bonds 3.25% 1mar2036, CAD, and Hydro-Quebec, 5% 15feb2050, CAD (JN).
Which ETF is more diversified: CLG or NSCB?
CLG holds 98 securities, while NSCB holds 152. On holdings count, NSCB is the more diversified portfolio.
Recent articles about CLG and NSCB
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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.



