VS
When evaluating costs, GCTB features a management fee (MER) of 0.12%, compared to 0.12% for CMR. Performance-wise, GCTB has returned 1.82% year-to-date with -$8 M in net flows, whereas CMR is at 1.99% with +$112 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
GCTB
CMR
| AuM | $240.23 M | $2,626.74 M |
| Management Fees | 0.12% | 0.12% |
| Exp. ratio | 0.16% | 0.13% |
| Tracking Difference | - | - |
Historical performance and flows
As of November 5, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | GCTB | +0.19% | +0.54% | +1.82% | +2.18% | +10.61% |
CMR | +0.20% | +0.60% | +1.99% | +2.37% | +10.59% | |
| Flows | GCTB | +$16 M | +$7 M | -$8 M | -$18 M | +$193 M |
CMR | +$5 M | -$98 M | +$112 M | +$380 M | +$1,965 M |
GCTB vs CMR exposure
Countries
GCTB
Exposure data will be available soon
CMR
Other
86.89%
Canada
13.11%
Sectors
GCTB
Exposure data will be available soon
CMR
Other
86.89%
Municipal
8.57%
As of November 5, 2026
Top 10 Holdings
GCTB
Exposure data will be available soon
CMR
CA68325JB449
2.34%
CA05554SY351
1.47%
CA55379XXX79
1.40%
CA563454X698
1.33%
CA625952XV34
1.32%
CA60689MX576
1.22%
CA44925SXL73
1.14%
CA60689MXA66
1.11%
Province of Quebec, Bills 0% 9oct2026, CAD (364D)
1.11%
Alberta, Bills 0% 6apr2027, CAD (364D)
1.09%
Diversification
GCTB
Exposure data will be available soon
CMR
Total weight of top 10 holdings out of 164 total
13.53%
Characteristics
Compare
GCTB
CMR
| Provider | Guardian Capital | iShares |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | - | - |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.14% | 2.34% |
| Meets ESG criteria | No | No |
| Inception Date | June 26, 2023 | February 19, 2008 |
Frequently asked questions about GCTB and CMR
Which ETF has performed better year to date: GCTB or CMR?
As of November 5, 2026, GCTB has returned 1.82% year to date, while CMR has returned 1.99%. CMR is ahead on YTD performance.
Which ETF is larger by assets under management: GCTB or CMR?
As of November 5, 2026, GCTB manages $240.23 M in assets, while CMR manages $2.63 B. CMR is the larger fund by AUM.
How are GCTB and CMR managed?
GCTB is actively managed by Guardian Capital. It does not track an index. CMR is actively managed by iShares. It does not track an index.
Which ETF is attracting more investor flows: GCTB or CMR?
Year to date, GCTB has seen -$7.84 M in net flows, compared with +$112.45 M for CMR. CMR has attracted more net investor money so far.
How do the fees of GCTB and CMR compare?
GCTB has an expense ratio of 0.16%, while CMR has an expense ratio of 0.13%.
Recent articles about GCTB and CMR
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