VS
Compare Evolve Active Core Fixed Income Fund (FIXD) vs iShares Floating Rate Index ETF (XFR) to find the best fit for your portfolio. FIXD provides Finance, Sovereign, and Municipal exposures, while XFR is primarily weighted in Government Agencies, Municipal, and Finance. When evaluating costs, FIXD features a management fee (MER) of 0.45%, compared to 0.12% for XFR. Performance-wise, FIXD has returned 0.13% year-to-date with +$6 M in net flows, whereas XFR is at 2.19% with +$235 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
FIXD
XFR
| AuM | $11.05 M | $981.64 M |
| Management Fees | 0.45% | 0.12% |
| Exp. ratio | 0.70% | 0.13% |
| Tracking Difference | - | - |
Historical performance and flows
As of October 29, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FIXD | +1.13% | -0.89% | +0.13% | -0.55% | +12.15% |
XFR | +0.15% | +0.67% | +2.19% | +2.75% | +11.40% | |
| Flows | FIXD | +$2 M | +$7 M | +$6 M | +$6 M | +$3 M |
XFR | +$96 M | +$183 M | +$235 M | +$235 M | +$122 M |
FIXD vs XFR exposure
Countries
FIXD
Canada
78.99%
Other
18.99%
XFR
Canada
91.52%
Other
8.47%
Sectors
FIXD
Finance
21.18%
Sovereign
19.20%
Other
18.99%
Municipal
15.39%
Other
25.25%
XFR
Government Agencies
47.29%
Municipal
33.41%
Finance
10.83%
Other
8.47%
As of October 29, 2026
Top 10 Holdings
FIXD
Canada, Bonds 3.25% 1jun2036, CAD
11.37%
CA30053B1085
7.58%
Sun Life Financial, 3.6% 30jun2081, CAD (2021-1)
5.57%
CA30052A1012
4.72%
Province of Ontario, 3.85% 2dec2036, CAD
4.41%
Canada, Bonds 2.75% 1dec2055, CAD
2.85%
Canada, Bond 3.5 1dec2045 30Y
2.57%
Canada, Bond 2 1jan2051 30Y
2.19%
2122256 Alberta, 7.25% 26feb2030, CAD
1.92%
CA786688AF81
1.63%
XFR
Province of Ontario, FRN 27nov2028, CAD (DMTN261)
8.58%
Canada Housing Trust, FRN 15mar2028, CAD (111)
8.04%
Canada Housing Trust, FRN 15sep2027, CAD (108)
7.93%
Canada Housing Trust, FRN 15sep2028, CAD (114)
7.21%
CMHC, FRN 15mar2027, CAD (103)
6.05%
Province of Ontario, FRN 13jan2031, CAD (DMTN275)
5.33%
Canada Housing Trust, FRN 15mar2030, CAD (124)
5.07%
Province of Quebec, FRN 22jul2030, CAD (B139)
5.00%
Province of Ontario, FRN 21feb2030, CAD (DMTN270)
4.70%
Province of Ontario, FRN 19nov2030, CAD (DMTN274)
4.66%
Diversification
FIXD
Total weight of top 10 holdings out of 104 total
44.82%
XFR
Total weight of top 10 holdings out of 24 total
62.56%
Characteristics
Compare
FIXD
XFR
| Provider | Evolve ETFs | iShares |
| Management | Actively managed | Passively managed |
| Benchmark | - | FTSE Canada Floating Rate Note TR Index - CAD |
| Replication Method | - | Direct (Physical) |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.58% | 2.59% |
| Meets ESG criteria | No | No |
| Inception Date | March 29, 2018 | December 6, 2011 |
Frequently asked questions about FIXD and XFR
Which ETF has performed better year to date: FIXD or XFR?
As of October 29, 2026, FIXD has returned 0.13% year to date, while XFR has returned 2.19%. XFR is ahead on YTD performance.
Which ETF is larger by assets under management: FIXD or XFR?
As of October 29, 2026, FIXD manages $11.05 M in assets, while XFR manages $981.64 M. XFR is the larger fund by AUM.
How are FIXD and XFR managed?
FIXD is actively managed by Evolve ETFs. It does not track an index. XFR is passively managed by iShares. It tracks the FTSE Canada Floating Rate Note TR Index - CAD benchmark.
What sectors do FIXD and XFR emphasize?
FIXD is most exposed to Finance, Sovereign, and Municipal. XFR is most exposed to Government Agencies, Municipal, and Finance.
Which ETF is attracting more investor flows: FIXD or XFR?
Year to date, FIXD has seen +$6.09 M in net flows, compared with +$234.68 M for XFR. XFR has attracted more net investor money so far.
How do the fees of FIXD and XFR compare?
FIXD has an expense ratio of 0.70%, while XFR has an expense ratio of 0.13%.
What are the top holdings of FIXD and XFR?
FIXD's largest holdings include Canada, Bonds 3.25% 1jun2036, CAD and Sun Life Financial, 3.6% 30jun2081, CAD (2021-1). XFR's top holdings include Province of Ontario, FRN 27nov2028, CAD (DMTN261) and Canada Housing Trust, FRN 15mar2028, CAD (111).
Which ETF is more diversified: FIXD or XFR?
FIXD holds 96 securities, while XFR holds 22. On holdings count, FIXD is the more diversified portfolio.
Recent articles about FIXD and XFR
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.