VS
CIBC 2026 Investment Grade Bond Fund (CTBB) and TD Target 2026 Investment Grade Bond ETF (TBCF) offer distinct profiles for Canadian ETF investors. A direct comparison shows that CTBB focuses its top 3 sector exposures on Finance, Sovereign, and Government Agencies, while TBCF leans towards Finance, Energy, and Telecommunications. When evaluating costs, CTBB features a management fee (MER) of 0.15%, compared to 0.2% for TBCF. Performance-wise, CTBB has returned 1.71% year-to-date with +$21 M in net flows, whereas TBCF is at 1.77% with -$52 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
CTBB
TBCF
| AuM | $102.98 M | $96.86 M |
| Management Fees | 0.15% | 0.20% |
| Exp. ratio | 0.23% | 0.23% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 17, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CTBB | +0.21% | +0.60% | +1.71% | +2.51% | - |
TBCF | +0.22% | +0.63% | +1.77% | +2.60% | - | |
| Flows | CTBB | -$1 M | +$8 M | +$21 M | +$41 M | - |
TBCF | -$23 M | -$36 M | -$52 M | -$40 M | - |
CTBB vs TBCF exposure
Countries
CTBB
Canada
89.65%
Other
7.52%
TBCF
Canada
98.32%
Sectors
CTBB
Finance
39.20%
Sovereign
22.88%
Government Agencies
15.41%
Consumer Cyclicals
10.67%
Other
7.52%
TBCF
Finance
65.67%
Energy
18.84%
Other
15.49%
As of September 17, 2026
Top 10 Holdings
CTBB
Canada Housing Trust, 1.1% 15dec2026, CAD (102)
15.41%
Royal Bank of Canada, 2.14% 3nov2031, CAD (24)
9.67%
Bank of Nova Scotia, 1.85% 2nov2026, CAD
9.55%
Canada, Bills 0% 26aug2026, CAD (182D)
8.78%
Canada, Bills 0% 12aug2026, CAD (364D)
8.25%
Ford Credit Canada Co, 2.961% 16sep2026, CAD
7.98%
CA34960VAU22
7.88%
VW Credit Canada, 2.45% 10dec2026, CAD
7.85%
Canada, Bills 0% 9sep2026, CAD (364D)
5.85%
Honda Canada Finance, 1.711% 28sep2026, CAD
4.16%
TBCF
Bank of Nova Scotia, 1.85% 2nov2026, CAD
9.58%
Suncor Energy, 5.4% 17nov2026, CAD (10)
9.07%
Royal Bank of Canada, 2.14% 3nov2031, CAD (24)
7.83%
Rogers Communications, 5.65% 21sep2026, CAD
6.46%
Ford Credit Canada Co, 6.326% 10nov2026, CAD
5.87%
CNH Industrial Capital Canada, 5.5% 11aug2026, CAD
5.87%
Sun Life Financial, 2.46% 18nov2031, CAD (2021-1)
5.65%
Federation des caisses Desjardins du Quebec, 1.587% 10sep2026, CAD
5.50%
iA Financial Corporation, 3.072% 24sep2031, CAD
5.37%
Pembina Pipeline Corporation, 3.71% 11aug2026, CAD (7)
5.27%
Diversification
CTBB
Total weight of top 10 holdings out of 19 total
85.39%
TBCF
Total weight of top 10 holdings out of 21 total
66.46%
Characteristics
Compare
CTBB
TBCF
| Provider | CIBC | TD Asset Management |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | ||
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.61% | 2.03% |
| Meets ESG criteria | No | No |
| Inception Date | July 16, 2024 | April 9, 2024 |
Frequently asked questions about CTBB and TBCF
Which ETF has performed better year to date: CTBB or TBCF?
As of September 17, 2026, CTBB has returned 1.71% year to date, while TBCF has returned 1.77%. TBCF is ahead on YTD performance.
Which ETF is larger by assets under management: CTBB or TBCF?
As of September 17, 2026, CTBB manages $102.98 M in assets, while TBCF manages $96.86 M. CTBB is the larger fund by AUM.
How are CTBB and TBCF managed?
CTBB is actively managed by CIBC. It does not track an index. TBCF is actively managed by TD Asset Management. It does not track an index.
What sectors do CTBB and TBCF emphasize?
CTBB is most exposed to Finance, Sovereign, and Government Agencies. TBCF is most exposed to Finance, Energy, and Telecommunications.
Which ETF is attracting more investor flows: CTBB or TBCF?
Year to date, CTBB has seen +$20.50 M in net flows, compared with -$51.55 M for TBCF. CTBB has attracted more net investor money so far.
How do the fees of CTBB and TBCF compare?
CTBB has an expense ratio of 0.23%, while TBCF has an expense ratio of 0.23%.
What are the top holdings of CTBB and TBCF?
CTBB's largest holdings include Canada Housing Trust, 1.1% 15dec2026, CAD (102), Royal Bank of Canada, 2.14% 3nov2031, CAD (24), and Bank of Nova Scotia, 1.85% 2nov2026, CAD. TBCF's top holdings include Bank of Nova Scotia, 1.85% 2nov2026, CAD, Suncor Energy, 5.4% 17nov2026, CAD (10), and Royal Bank of Canada, 2.14% 3nov2031, CAD (24).
Which ETF is more diversified: CTBB or TBCF?
CTBB holds 19 securities, while TBCF holds 21. On holdings count, TBCF is the more diversified portfolio.
Recent articles about CTBB and TBCF
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