VS
Invesco Global Bond ETF (ICGB) and iShares Core S&P/TSX Capped Composite Index ETF (XIC) offer distinct profiles for Canadian ETF investors. A direct comparison shows that ICGB focuses its top 3 sector exposures on Sovereign, Power, and Banks, while XIC leans towards Financials, Energy, and Materials. When evaluating costs, ICGB features a management fee (MER) of 0.55%, compared to 0.05% for XIC. Performance-wise, ICGB has returned 1.49% year-to-date with -$2 M in net flows, whereas XIC is at 8.12% with +$5 B. 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
ICGB
XIC
| AuM | $160.34 M | $29,117.97 M |
| Management Fees | 0.55% | 0.05% |
| Exp. ratio | 0.63% | 0.06% |
| Tracking Difference | - | -0.12% |
Historical performance and flows
As of May 13, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | ICGB | -0.30% | -2.20% | -1.49% | -0.76% | - |
XIC | +0.57% | +3.50% | +8.12% | +36.05% | +80.24% | |
| Flows | ICGB | +$1 M | +$77 M | -$2 M | +$18 M | - |
XIC | +$823 M | +$2,591 M | +$5,366 M | +$7,902 M | +$11,328 M |
ICGB vs XIC exposure
Countries
ICGB
USA
52.63%
Canada
21.40%
Other
25.97%
XIC
Canada
98.95%
Sectors
ICGB
Other
76.52%
Sovereign
16.63%
XIC
Financials
28.13%
Energy
18.01%
Materials
15.92%
Other
13.03%
Other
24.92%
As of May 13, 2026
Top 10 Holdings
ICGB
Netherlands, DSL 0.75% 15jul2027, EUR
2.46%
US01F0606420
2.33%
US01F0326417
2.32%
Germany, Bund 2.6% 15aug2034, EUR
2.24%
JP1103781R44
1.65%
US26951TAA88
1.36%
US076912AA21
1.29%
Japan, JGB 0.2% 20jun2032, JPY
1.27%
Netherlands, DSL 0.25% 15jul2029, EUR
1.22%
France, OAT 3.2% 25may2035, EUR
1.21%
XIC
ROYAL BK CANADA
6.69%
TORONTO DOMINION
4.64%
SHOPIFY SUBORDINATE VOTING
4.31%
ENBRIDGE
3.50%
AGNICO EAGLE MINES LTD
3.01%
CDN NATURAL RESOURCE
3.01%
BANK OF MONTREAL
2.83%
CA11271J1075
2.65%
CDN IMPERIAL BK
2.61%
BNS
2.53%
Diversification
ICGB
Total weight of top 10 holdings out of 1,568 total
17.34%
XIC
Total weight of top 10 holdings out of 221 total
35.80%
Characteristics
Compare
ICGB
XIC
| Provider | Invesco | iShares |
| Management | Actively managed | Passively managed |
| Benchmark | - | S&P/TSX Capped Composite Total Return Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Fixed Income | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.00% | 2.07% |
| Meets ESG criteria | No | No |
| Inception Date | August 15, 2024 | February 16, 2001 |
Frequently asked questions about ICGB and XIC
Which ETF has performed better year to date: ICGB or XIC?
As of May 13, 2026, ICGB has returned -1.49% year to date, while XIC has returned 8.12%. XIC is ahead on YTD performance.
Which ETF is larger by assets under management: ICGB or XIC?
As of May 13, 2026, ICGB manages $160.34 M in assets, while XIC manages $29.12 B. XIC is the larger fund by AUM.
How are ICGB and XIC managed?
ICGB is actively managed by Invesco. It does not track an index. XIC is passively managed by iShares. It tracks the S&P/TSX Capped Composite Total Return Index - CAD benchmark.
What sectors do ICGB and XIC emphasize?
ICGB is most exposed to Sovereign, Power, and Banks. XIC is most exposed to Financials, Energy, and Materials.
Which ETF is attracting more investor flows: ICGB or XIC?
Year to date, ICGB has seen -$1.58 M in net flows, compared with +$5,366.01 M for XIC. XIC has attracted more net investor money so far.
How do the fees of ICGB and XIC compare?
ICGB has an expense ratio of 0.63%, while XIC has an expense ratio of 0.06%.
What are the top holdings of ICGB and XIC?
ICGB's largest holdings include Netherlands, DSL 0.75% 15jul2027, EUR and Germany, Bund 2.6% 15aug2034, EUR. XIC's top holdings include ROYAL BK CANADA and TORONTO DOMINION.
Which ETF is more diversified: ICGB or XIC?
ICGB holds 523 securities, while XIC holds 193. On holdings count, ICGB is the more diversified portfolio.
Recent articles about ICGB and XIC
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