VS
Evolve Active Core Fixed Income Fund (FIXD) and iShares Canadian HYBrid Corporate Bond Index ETF (XHB) offer distinct profiles for Canadian ETF investors. A direct comparison shows that FIXD focuses its top 3 sector exposures on Finance, Sovereign, and Municipal, while XHB leans towards Energy, Telecommunications, and Finance. When evaluating costs, FIXD features a management fee (MER) of 0.45%, compared to 0.45% for XHB. Performance-wise, FIXD has returned 0.13% year-to-date with +$6 M in net flows, whereas XHB is at 1.5% with +$4 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
XHB
| AuM | $11.05 M | $220.34 M |
| Management Fees | 0.45% | 0.45% |
| Exp. ratio | 0.70% | 0.50% |
| 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% |
XHB | +0.45% | -0.30% | +1.50% | +1.57% | +24.31% | |
| Flows | FIXD | +$2 M | +$7 M | +$6 M | +$6 M | +$3 M |
XHB | -$4 M | -$3 M | +$4 M | +$13 M | +$6 M |
FIXD vs XHB exposure
Countries
FIXD
Canada
78.99%
Other
18.99%
XHB
Canada
91.41%
Other
8.59%
Sectors
FIXD
Finance
21.18%
Sovereign
19.20%
Other
18.99%
Municipal
15.39%
Other
25.25%
XHB
Energy
24.29%
Telecommunications
18.23%
Finance
17.08%
Utilities
11.66%
Industrials
10.38%
Other
18.35%
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%
XHB
Air Canada, 4.625% 15aug2029, CAD
1.62%
TELUS, 6.25% 21jul2055, CAD (CAR)
1.24%
Rogers Communications, 6.25% 31jul2056, CAD
1.06%
Bell Canada, 5.625% 27mar2055, CAD (C)
0.99%
Rogers Communications, 5.625% 15apr2055, CAD (NC5)
0.86%
TELUS, 6.75% 21jul2055, CAD (CAS)
0.80%
Inter Pipeline Ltd, 6.625% 19nov2079, CAD (2019-B, Conv.)
0.65%
Inter Pipeline Ltd, 6.875% 26mar2079, CAD (2019-A)
0.65%
Bell Canada, 5.375% 12may2056, CAD (D)
0.59%
Bell Canada, 5.875% 12may2056, CAD (E)
0.58%
Diversification
FIXD
Total weight of top 10 holdings out of 104 total
44.82%
XHB
Total weight of top 10 holdings out of 704 total
9.04%
Characteristics
Compare
FIXD
XHB
| Provider | Evolve ETFs | iShares |
| Management | Actively managed | Passively managed |
| Benchmark | - | FTSE Canada HYBrid Bond TR Index - CAD |
| Replication Method | - | Direct (Physical) |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.58% | 4.69% |
| Meets ESG criteria | No | No |
| Inception Date | March 29, 2018 | September 22, 2010 |
Frequently asked questions about FIXD and XHB
Which ETF has performed better year to date: FIXD or XHB?
As of October 29, 2026, FIXD has returned 0.13% year to date, while XHB has returned 1.50%. XHB is ahead on YTD performance.
Which ETF is larger by assets under management: FIXD or XHB?
As of October 29, 2026, FIXD manages $11.05 M in assets, while XHB manages $220.34 M. XHB is the larger fund by AUM.
How are FIXD and XHB managed?
FIXD is actively managed by Evolve ETFs. It does not track an index. XHB is passively managed by iShares. It tracks the FTSE Canada HYBrid Bond TR Index - CAD benchmark.
What sectors do FIXD and XHB emphasize?
FIXD is most exposed to Finance, Sovereign, and Municipal. XHB is most exposed to Energy, Telecommunications, and Finance.
Which ETF is attracting more investor flows: FIXD or XHB?
Year to date, FIXD has seen +$6.09 M in net flows, compared with +$4.10 M for XHB. FIXD has attracted more net investor money so far.
How do the fees of FIXD and XHB compare?
FIXD has an expense ratio of 0.70%, while XHB has an expense ratio of 0.50%.
What are the top holdings of FIXD and XHB?
FIXD's largest holdings include Canada, Bonds 3.25% 1jun2036, CAD and Sun Life Financial, 3.6% 30jun2081, CAD (2021-1). XHB's top holdings include Air Canada, 4.625% 15aug2029, CAD and TELUS, 6.25% 21jul2055, CAD (CAR).
Which ETF is more diversified: FIXD or XHB?
FIXD holds 96 securities, while XHB holds 668. On holdings count, XHB is the more diversified portfolio.
Recent articles about FIXD and XHB
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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.