VS
CIBC 2027 Investment Grade Bond Fund (CTBC) and RBC Target 2030 Canadian Corporate Bond Index ETF (RQS) offer distinct profiles for Canadian ETF investors. A direct comparison shows that CTBC focuses its top 3 sector exposures on Finance, Utilities, and Consumer Non-Cyclicals, while RQS leans towards Finance, Energy, and Utilities. When evaluating costs, CTBC features a management fee (MER) of 0.15%, compared to 0.2% for RQS. Performance-wise, CTBC has returned 2.04% year-to-date with +$50 M in net flows, whereas RQS is at 1.25% with +$192 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
CTBC
RQS
| AuM | $101.41 M | $494.96 M |
| Management Fees | 0.15% | 0.20% |
| Exp. ratio | 0.23% | 0.22% |
| Tracking Difference | - | - |
Historical performance and flows
As of November 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CTBC | +0.13% | +0.56% | +2.04% | +2.28% | - |
RQS | +0.41% | +0.27% | +1.25% | +1.03% | - | |
| Flows | CTBC | +$5 M | +$16 M | +$50 M | +$58 M | - |
RQS | +$22 M | +$69 M | +$192 M | +$206 M | - |
CTBC vs RQS exposure
Countries
CTBC
Canada
89.59%
Other
10.41%
RQS
Canada
95.83%
Sectors
CTBC
Finance
50.22%
Utilities
9.39%
Consumer Non-Cyclicals
7.76%
Other
32.64%
RQS
Finance
73.21%
Energy
9.80%
Utilities
7.40%
Other
9.59%
As of November 11, 2026
Top 10 Holdings
CTBC
Ontario Teachers Finance Trust, 1.1% 19oct2027, CAD
5.31%
Heathrow Funding, 2.694% 13oct2027, CAD (MPLE, ABS)
5.16%
John Deere Financial Inc., 1.34% 8sep2027, CAD
5.14%
Bank of Nova Scotia, 1.4% 1nov2027, CAD
5.11%
Dream Industrial REIT, 2.057% 17jun2027, CAD
4.97%
Stantec, 2.048% 8oct2027, CAD
4.97%
Allied Properties REIT, 3.113% 8apr2027, CAD
4.82%
Canadian Western Bank, 1.818% 16dec2027, CAD
4.71%
Bell Canada, 1.65% 16aug2027, CAD (M-53)
4.63%
Saputo, 2.242% 16jun2027, CAD (7)
4.48%
RQS
Royal Bank of Canada, 3.985% 22jul2031, CAD
6.73%
Toronto-Dominion Bank, 3.605% 10sep2031, CAD
5.02%
Bank of Montreal, 3.731% 3jun2031, CAD
4.98%
Bank of Nova Scotia, 3.734% 27jun2031, CAD
4.86%
Toronto-Dominion Bank, 3.842% 29may2031, CAD
4.57%
CIBC, 3.9% 20jun2031, CAD
4.26%
Athene Global Funding, 4.091% 23may2030, CAD (2025-15)
4.16%
National Bank of Canada, 3.441% 21oct2031, CAD
3.30%
Manulife Financial Corporation, 2.818% 13may2035, CAD
3.22%
TransCanada PipeLines, 5.277% 15jul2030, CAD
3.13%
Diversification
CTBC
Total weight of top 10 holdings out of 32 total
49.30%
RQS
Total weight of top 10 holdings out of 42 total
44.23%
Characteristics
Compare
CTBC
RQS
| Provider | CIBC | RBC Global Asset Management |
| Management | Actively managed | Passively managed |
| Benchmark | - | FTSE Canada 2030 Maturity Corporate Bond Index - CAD |
| Replication Method | - | Direct (Physical) |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.75% | 3.71% |
| Meets ESG criteria | No | No |
| Inception Date | July 16, 2024 | April 24, 2024 |
Frequently asked questions about CTBC and RQS
Which ETF has performed better year to date: CTBC or RQS?
As of November 11, 2026, CTBC has returned 2.04% year to date, while RQS has returned 1.25%. CTBC is ahead on YTD performance.
Which ETF is larger by assets under management: CTBC or RQS?
As of November 11, 2026, CTBC manages $101.41 M in assets, while RQS manages $494.96 M. RQS is the larger fund by AUM.
How are CTBC and RQS managed?
CTBC is actively managed by CIBC. It does not track an index. RQS is passively managed by RBC Global Asset Management. It tracks the FTSE Canada 2030 Maturity Corporate Bond Index - CAD benchmark.
What sectors do CTBC and RQS emphasize?
CTBC is most exposed to Finance, Utilities, and Consumer Non-Cyclicals. RQS is most exposed to Finance, Energy, and Utilities.
Which ETF is attracting more investor flows: CTBC or RQS?
Year to date, CTBC has seen +$49.87 M in net flows, compared with +$191.80 M for RQS. RQS has attracted more net investor money so far.
How do the fees of CTBC and RQS compare?
CTBC has an expense ratio of 0.23%, while RQS has an expense ratio of 0.22%.
What are the top holdings of CTBC and RQS?
CTBC's largest holdings include Ontario Teachers Finance Trust, 1.1% 19oct2027, CAD, Heathrow Funding, 2.694% 13oct2027, CAD (MPLE, ABS), and John Deere Financial Inc., 1.34% 8sep2027, CAD. RQS's top holdings include Royal Bank of Canada, 3.985% 22jul2031, CAD, Toronto-Dominion Bank, 3.605% 10sep2031, CAD, and Bank of Montreal, 3.731% 3jun2031, CAD.
Which ETF is more diversified: CTBC or RQS?
CTBC holds 32 securities, while RQS holds 42. On holdings count, RQS is the more diversified portfolio.
Recent articles about CTBC and RQS
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
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.
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.