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 Pipelines, Real estate investment and services, and Communication services, while XIC leans towards Financials, Materials, and Energy. When evaluating costs, CTBE features a management fee (MER) of 0.15%, compared to 0.05% for XIC. Performance-wise, CTBE has returned 0.37% year-to-date with +$19 M in net flows, whereas XIC is at 8.06% with +$5 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 | $55.68 M | $28,351.59 M |
| Management Fees | 0.15% | 0.05% |
| Exp. ratio | 0.23% | 0.06% |
| Tracking Difference | - | -0.09% |
Historical performance and flows
As of April 16, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CTBE | +0.11% | +0.02% | +0.37% | +3.41% | - |
XIC | +3.80% | +3.64% | +8.06% | +44.66% | +79.61% | |
| Flows | CTBE | +$3 M | +$12 M | +$19 M | +$38 M | - |
XIC | +$1,632 M | +$4,004 M | +$4,618 M | +$7,077 M | +$10,502 M |
CTBE vs XIC exposure
Countries
CTBE
Canada
89.59%
USA
9.66%
XIC
Canada
99.06%
Sectors
CTBE
Pipelines
13.30%
Real estate investment and services
12.54%
Communication services
12.15%
Water, heat and gas supply
9.14%
Other
52.87%
XIC
Financials
27.79%
Materials
18.28%
Energy
16.04%
Other
13.24%
Other
24.66%
As of April 16, 2026
Top 10 Holdings
CTBE
Canada Pension Plan Investment Board, 1.95% 30sep2029, CAD (14)
6.35%
Province of Ontario, 1.55% 1nov2029, CAD (DMTN251)
6.11%
Nestle Holdings, 2.192% 26jan2029, CAD (114)
5.77%
Ontario Power Generation, 2.977% 13sep2029, CAD (4)
5.35%
Enbridge Gas, 2.37% 9aug2029, CAD
5.23%
John Deere Financial Inc., 2.81% 19jan2029, CAD
5.03%
Tourmaline Oil, 2.529% 12feb2029, CAD
4.98%
Dollarama Inc., 2.443% 9jul2029, CAD
4.98%
SmartCentres REIT, 3.526% 20dec2029, CAD
4.98%
CT Real Estate Investment Trust, 3.029% 5feb2029, CAD (H)
4.93%
XIC
ROYAL BK CANADA
6.50%
TORONTO DOMINION
4.58%
SHOPIFY SUBORDINATE VOTING
4.09%
AGNICO EAGLE MINES LTD
3.50%
ENBRIDGE
3.21%
BANK OF MONTREAL
2.84%
CA11271J1075
2.63%
CDN IMPERIAL BK
2.60%
BNS
2.60%
CDN NATURAL RESOURCE
2.53%
Diversification
CTBE
Total weight of top 10 holdings out of 25 total
53.71%
XIC
Total weight of top 10 holdings out of 217 total
35.08%
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 | 2.53% | 2.07% |
| 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 April 16, 2026, CTBE has returned 0.37% year to date, while XIC has returned 8.06%. XIC is ahead on YTD performance.
Which ETF is larger by assets under management: CTBE or XIC?
As of April 16, 2026, CTBE manages $55.68 M in assets, while XIC manages $28.35 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 Pipelines, Real estate investment and services, and Communication services. XIC is most exposed to Financials, Materials, and Energy.
Which ETF is attracting more investor flows: CTBE or XIC?
Year to date, CTBE has seen +$18.65 M in net flows, compared with +$4,618.37 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), Province of Ontario, 1.55% 1nov2029, CAD (DMTN251), and Nestle Holdings, 2.192% 26jan2029, CAD (114). XIC's top holdings include ROYAL BK CANADA and TORONTO DOMINION.
Which ETF is more diversified: CTBE or XIC?
CTBE holds 25 securities, while XIC holds 193. On holdings count, XIC is the more diversified portfolio.
Recent articles about CTBE and XIC
The Top Canadian ETFs by AUM in 2023
These ETFs rank among the largest in the Canadian industry.
Posted on 1/11/2023 by Tony Dong inETFs
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.