VS
CIBC 2030 Investment Grade Bond Fund (CTBF) and Manulife Smart Corporate Bond ETF (CBND) offer distinct profiles for Canadian ETF investors. A direct comparison shows that CTBF focuses its top 3 sector exposures on Finance, Utilities, and Municipal, while CBND leans towards Finance, Municipal, and Utilities. When evaluating costs, CTBF features a management fee (MER) of 0.15%, compared to 0.24% for CBND. Performance-wise, CTBF has returned 0.81% year-to-date with +$41 M in net flows, whereas CBND is at 1.03% with +$134 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
CTBF
CBND
| AuM | $90.37 M | $348.26 M |
| Management Fees | 0.15% | 0.24% |
| Exp. ratio | 0.23% | 0.27% |
| Tracking Difference | - | - |
Historical performance and flows
As of October 16, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CTBF | +0.73% | -0.39% | +0.81% | +0.10% | - |
CBND | +0.95% | -0.49% | +1.03% | +0.17% | +20.69% | |
| Flows | CTBF | +$6 M | +$13 M | +$41 M | +$60 M | - |
CBND | +$15 M | +$44 M | +$134 M | +$140 M | +$274 M |
CTBF vs CBND exposure
Countries
CTBF
Canada
94.54%
CBND
Canada
94.41%
Sectors
CTBF
Finance
36.75%
Utilities
15.98%
Municipal
14.92%
Telecommunications
14.66%
Industrials
8.59%
Other
9.10%
CBND
Finance
36.95%
Municipal
35.63%
Utilities
8.57%
Other
18.85%
As of October 16, 2026
Top 10 Holdings
CTBF
Canada, Bond 0.5 1oct2030 10Y
5.41%
BCI QuadReal Realty, 1.747% 24jul2030, CAD
5.11%
Sun Life Financial, 2.06% 1oct2035, CAD (2020-2)
5.05%
Province of Ontario, 1.35% 2dec2030, CAD (DMTN248)
4.95%
Granite REIT Holdings, 2.378% 18dec2030, CAD
4.94%
Montreal, 1.75% 1sep2030, CAD
4.92%
Verizon Communications, 2.5% 16may2030, CAD
4.92%
AltaGas, 2.477% 30nov2030, CAD (23)
4.86%
SmartCentres REIT, 3.648% 11dec2030, CAD
4.77%
Vancouver Airport Authority, 1.76% 20sep2030, CAD (I)
4.74%
CBND
Province of Quebec, 4.45% 1sep2034, CAD (B136)
2.76%
Province of Ontario, 3.8% 2dec2034, CAD (DMTN266)
2.18%
PSP Capital, 4.15% 1jun2033, CAD (G-11)
2.10%
Hydro-Quebec, 2.1% 15feb2060, CAD (JR)
2.04%
Province of Ontario, 3.6% 2jun2035, CAD
1.83%
Brookfield Infrastructure Finance ULC, 5.616% 14nov2027, CAD (11)
1.78%
CDP Financial, 3.7% 8mar2028, CAD (13)
1.61%
British Columbia, 4.95% 18jun2040, CAD (BCCD-22)
1.53%
CPPIB Capital, 4% 2jun2035, CAD (72)
1.35%
Canada Pension Plan Investment Board, 3% 15jun2028, CAD (8)
1.34%
Diversification
CTBF
Total weight of top 10 holdings out of 30 total
49.66%
CBND
Total weight of top 10 holdings out of 184 total
18.51%
Characteristics
Compare
CTBF
CBND
| Provider | CIBC | Manulife Investments |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | - | - |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.95% | 3.52% |
| Meets ESG criteria | No | No |
| Inception Date | July 16, 2024 | November 10, 2020 |
Frequently asked questions about CTBF and CBND
Which ETF has performed better year to date: CTBF or CBND?
As of October 16, 2026, CTBF has returned 0.81% year to date, while CBND has returned 1.03%. CBND is ahead on YTD performance.
Which ETF is larger by assets under management: CTBF or CBND?
As of October 16, 2026, CTBF manages $90.37 M in assets, while CBND manages $348.26 M. CBND is the larger fund by AUM.
How are CTBF and CBND managed?
CTBF is actively managed by CIBC. It does not track an index. CBND is actively managed by Manulife Investments. It does not track an index.
What sectors do CTBF and CBND emphasize?
CTBF is most exposed to Finance, Utilities, and Municipal. CBND is most exposed to Finance, Municipal, and Utilities.
Which ETF is attracting more investor flows: CTBF or CBND?
Year to date, CTBF has seen +$40.65 M in net flows, compared with +$134.09 M for CBND. CBND has attracted more net investor money so far.
How do the fees of CTBF and CBND compare?
CTBF has an expense ratio of 0.23%, while CBND has an expense ratio of 0.27%.
What are the top holdings of CTBF and CBND?
CTBF's largest holdings include Canada, Bond 0.5 1oct2030 10Y, BCI QuadReal Realty, 1.747% 24jul2030, CAD, and Sun Life Financial, 2.06% 1oct2035, CAD (2020-2). CBND's top holdings include Province of Quebec, 4.45% 1sep2034, CAD (B136), Province of Ontario, 3.8% 2dec2034, CAD (DMTN266), and PSP Capital, 4.15% 1jun2033, CAD (G-11).
Which ETF is more diversified: CTBF or CBND?
CTBF holds 30 securities, while CBND holds 184. On holdings count, CBND is the more diversified portfolio.
Recent articles about CTBF and CBND
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