VS
CIBC 2029 Investment Grade Bond Fund (CTBE) and iShares Core S&P/TSX Capped Composite Index ETF (XIC) offer distinct profiles for Canadian ETF investors. A direct comparison shows that CTBE focuses its top 3 sector exposures on Real estate investment and services, Pipelines, and Communication services, while XIC leans towards Finance, Energy, and Non-Energy Materials. When evaluating costs, CTBE features a management fee (MER) of 0.15%, compared to 0.05% for XIC. Performance-wise, CTBE has returned 1.26% year-to-date with +$37 M in net flows, whereas XIC is at 13.35% with +$7 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
CTBE
XIC
| AuM | $74.18 M | $31,956.45 M |
| Management Fees | 0.15% | 0.05% |
| Exp. ratio | 0.23% | 0.06% |
| Tracking Difference | - | -0.10% |
Historical performance and flows
As of July 30, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CTBE | -0.11% | +1.03% | +1.26% | +3.28% | - |
XIC | +2.00% | +5.09% | +13.35% | +32.67% | +86.81% | |
| Flows | CTBE | +$6 M | +$18 M | +$37 M | +$51 M | - |
XIC | +$957 M | +$1,896 M | +$6,937 M | +$8,245 M | +$13,051 M |
CTBE vs XIC exposure
Countries
CTBE
Canada
90.40%
USA
8.82%
XIC
Canada
96.25%
Sectors
CTBE
Real estate investment and services
16.27%
Pipelines
13.37%
Communication services
10.50%
Water, heat and gas supply
7.74%
Other
52.13%
XIC
Finance
42.08%
Energy
16.27%
Non-Energy Materials
15.91%
Industrials
8.25%
Other
17.49%
As of July 30, 2026
Top 10 Holdings
CTBE
Canada Pension Plan Investment Board, 1.95% 30sep2029, CAD (14)
5.25%
Nestle Holdings, 2.192% 26jan2029, CAD (114)
5.07%
Province of Ontario, 1.55% 1nov2029, CAD (DMTN251)
4.98%
Allied Properties REIT, 3.394% 15aug2029, CAD (D)
4.96%
Ontario Power Generation, 2.977% 13sep2029, CAD (4)
4.90%
Dollarama Inc., 2.443% 9jul2029, CAD
4.89%
AIMCo Realty Investors LP, 2.712% 1jun2029, CAD
4.87%
CT Real Estate Investment Trust, 3.029% 5feb2029, CAD (H)
4.84%
TransCanada PipeLines, 3% 18sep2029, CAD
4.82%
Enbridge Gas, 2.37% 9aug2029, CAD
4.79%
XIC
Royal Bank of Canada
8.22%
The Toronto-Dominion Bank
5.77%
Shopify, Inc.
3.97%
Bank of Montreal
3.52%
Enbridge, Inc.
3.36%
The Bank of Nova Scotia
3.04%
Canadian Imperial Bank of Commerce
3.01%
Brookfield Corp.
2.59%
Canadian Natural Resources Ltd.
2.35%
Agnico Eagle Mines Ltd.
2.25%
Diversification
CTBE
Total weight of top 10 holdings out of 29 total
49.38%
XIC
Total weight of top 10 holdings out of 221 total
38.08%
Characteristics
Compare
CTBE
XIC
| Provider | CIBC | iShares |
| Management | Actively managed | Passively managed |
| Benchmark | - | S&P/TSX Capped Composite Total Return Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Fixed Income | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.50% | 1.98% |
| Meets ESG criteria | No | No |
| Inception Date | July 16, 2024 | February 16, 2001 |
Frequently asked questions about CTBE and XIC
Which ETF has performed better year to date: CTBE or XIC?
As of July 30, 2026, CTBE has returned 1.26% year to date, while XIC has returned 13.35%. XIC is ahead on YTD performance.
Which ETF is larger by assets under management: CTBE or XIC?
As of July 30, 2026, CTBE manages $74.18 M in assets, while XIC manages $31.96 B. XIC is the larger fund by AUM.
How are CTBE and XIC managed?
CTBE is actively managed by CIBC. It does not track an index. XIC is passively managed by iShares. It tracks the S&P/TSX Capped Composite Total Return Index - CAD benchmark.
What sectors do CTBE and XIC emphasize?
CTBE is most exposed to Real estate investment and services, Pipelines, and Communication services. XIC is most exposed to Finance, Energy, and Non-Energy Materials.
Which ETF is attracting more investor flows: CTBE or XIC?
Year to date, CTBE has seen +$37.01 M in net flows, compared with +$6,936.59 M for XIC. XIC has attracted more net investor money so far.
How do the fees of CTBE and XIC compare?
CTBE has an expense ratio of 0.23%, while XIC has an expense ratio of 0.06%.
What are the top holdings of CTBE and XIC?
CTBE's largest holdings include Canada Pension Plan Investment Board, 1.95% 30sep2029, CAD (14), Nestle Holdings, 2.192% 26jan2029, CAD (114), and Province of Ontario, 1.55% 1nov2029, CAD (DMTN251). XIC's top holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Shopify, Inc..
Which ETF is more diversified: CTBE or XIC?
CTBE holds 29 securities, while XIC holds 219. On holdings count, XIC is the more diversified portfolio.
Recent articles about CTBE and XIC
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