VS
CIBC 2030 Investment Grade Bond Fund (CTBF) and RBC Target 2030 Canadian Corporate Bond Index ETF (RQS) 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 RQS leans towards Finance, Energy, and Utilities. When evaluating costs, CTBF features a management fee (MER) of 0.15%, compared to 0.2% for RQS. Performance-wise, CTBF has returned 0.76% year-to-date with +$40 M in net flows, whereas RQS is at 0.96% with +$179 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
RQS
| AuM | $89.25 M | $482.25 M |
| Management Fees | 0.15% | 0.20% |
| Exp. ratio | 0.23% | 0.22% |
| Tracking Difference | - | - |
Historical performance and flows
As of October 15, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CTBF | +0.71% | -0.46% | +0.76% | +0.25% | - |
RQS | +0.67% | -0.36% | +0.96% | +0.54% | - | |
| Flows | CTBF | +$5 M | +$12 M | +$40 M | +$59 M | - |
RQS | +$38 M | +$75 M | +$179 M | +$193 M | - |
CTBF vs RQS exposure
Countries
CTBF
Canada
94.54%
RQS
Canada
95.81%
Sectors
CTBF
Finance
36.75%
Utilities
15.98%
Municipal
14.92%
Telecommunications
14.66%
Industrials
8.59%
Other
9.10%
RQS
Finance
73.16%
Energy
9.80%
Utilities
7.38%
Other
9.66%
As of October 15, 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%
RQS
Royal Bank of Canada, 3.985% 22jul2031, CAD
6.71%
Toronto-Dominion Bank, 3.605% 10sep2031, CAD
5.02%
Bank of Montreal, 3.731% 3jun2031, CAD
4.99%
Bank of Nova Scotia, 3.734% 27jun2031, CAD
4.82%
Toronto-Dominion Bank, 3.842% 29may2031, CAD
4.57%
CIBC, 3.9% 20jun2031, CAD
4.27%
Athene Global Funding, 4.091% 23may2030, CAD (2025-15)
4.16%
National Bank of Canada, 3.441% 21oct2031, CAD
3.31%
Manulife Financial Corporation, 2.818% 13may2035, CAD
3.22%
TransCanada PipeLines, 5.277% 15jul2030, CAD
3.13%
Diversification
CTBF
Total weight of top 10 holdings out of 30 total
49.66%
RQS
Total weight of top 10 holdings out of 42 total
44.18%
Characteristics
Compare
CTBF
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 | 1.95% | 3.73% |
| Meets ESG criteria | No | No |
| Inception Date | July 16, 2024 | April 24, 2024 |
Frequently asked questions about CTBF and RQS
Which ETF has performed better year to date: CTBF or RQS?
As of October 15, 2026, CTBF has returned 0.76% year to date, while RQS has returned 0.96%. RQS is ahead on YTD performance.
Which ETF is larger by assets under management: CTBF or RQS?
As of October 15, 2026, CTBF manages $89.25 M in assets, while RQS manages $482.25 M. RQS is the larger fund by AUM.
How are CTBF and RQS managed?
CTBF 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 CTBF and RQS emphasize?
CTBF is most exposed to Finance, Utilities, and Municipal. RQS is most exposed to Finance, Energy, and Utilities.
Which ETF is attracting more investor flows: CTBF or RQS?
Year to date, CTBF has seen +$39.59 M in net flows, compared with +$179.17 M for RQS. RQS has attracted more net investor money so far.
How do the fees of CTBF and RQS compare?
CTBF has an expense ratio of 0.23%, while RQS has an expense ratio of 0.22%.
What are the top holdings of CTBF and RQS?
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). 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: CTBF or RQS?
CTBF holds 30 securities, while RQS holds 42. On holdings count, RQS is the more diversified portfolio.
Recent articles about CTBF and RQS
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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.