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Compare NBI U.S. Equity Index Fund - ETF Series (NBUX) vs CIBC MSCI USA Equity Index ETF (CUEH) to find the best fit for your portfolio. NBUX and CUEH provide the same top sector exposures: Technology, Finance, and Healthcare. When evaluating costs, NBUX features a management fee (MER) of 0.05%, compared to 0.05% for CUEH. 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
NBUX
CUEH
| AuM | $2.17 M | $5.67 M |
| Management Fees | 0.05% | 0.05% |
| Exp. ratio | 0.05% | 0.05% |
| Tracking Difference | - | 0.36% |
Historical performance and flows
As of October 16, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | NBUX | +2.49% | +2.51% | - | - | - |
CUEH | -1.15% | +3.02% | +11.28% | +12.50% | +74.96% | |
| Flows | NBUX | +$0 M | +$0 M | - | - | - |
CUEH | +$0 M | -$1 M | +$1 M | +$1 M | +$2 M |
NBUX vs CUEH exposure
Countries
NBUX
USA
97.40%
CUEH
USA
97.30%
Sectors
NBUX
Technology
44.97%
Finance
13.56%
Healthcare
9.18%
Consumer Non-Cyclicals
8.90%
Industrials
7.61%
Other
15.79%
CUEH
Technology
44.97%
Finance
13.48%
Healthcare
9.22%
Consumer Non-Cyclicals
8.93%
Industrials
7.57%
Other
15.83%
As of October 16, 2026
Top 10 Holdings
NBUX
NVIDIA Corp.
7.72%
Apple, Inc.
6.93%
Microsoft Corp.
5.62%
Amazon.com, Inc.
3.80%
Alphabet, Inc.
2.96%
Broadcom Inc.
2.57%
Alphabet, Inc.
2.36%
Meta Platforms, Inc.
1.87%
Micron Technology, Inc.
1.61%
Tesla, Inc.
1.55%
CUEH
NVIDIA Corp.
7.66%
Apple, Inc.
7.02%
Microsoft Corp.
5.40%
Amazon.com, Inc.
3.80%
Alphabet, Inc.
3.01%
Broadcom Inc.
2.53%
Alphabet, Inc.
2.37%
Meta Platforms, Inc.
1.90%
Micron Technology, Inc.
1.63%
Tesla, Inc.
1.59%
Diversification
NBUX
Total weight of top 10 holdings out of 526 total
36.99%
CUEH
Total weight of top 10 holdings out of 513 total
36.90%
Characteristics
Compare
NBUX
CUEH
| Provider | National Bank Investments | CIBC |
| Management | Passively managed | Passively managed |
| Benchmark | Morningstar US Large-Mid Cap Index PR - USD | MSCI USA NTR Index - CAD Hedged |
| Replication Method | Other | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | - | 2.44% |
| Meets ESG criteria | No | No |
| Inception Date | May 12, 2026 | January 23, 2023 |
Frequently asked questions about NBUX and CUEH
Which ETF is larger by assets under management: NBUX or CUEH?
As of October 16, 2026, NBUX manages $2.17 M in assets, while CUEH manages $5.67 M. CUEH is the larger fund by AUM.
How are NBUX and CUEH managed?
NBUX is passively managed by National Bank Investments. It tracks the Morningstar US Large-Mid Cap Index PR - USD benchmark. CUEH is passively managed by CIBC. It tracks the MSCI USA NTR Index - CAD Hedged benchmark.
What sectors do NBUX and CUEH emphasize?
NBUX is most exposed to Technology, Finance, and Healthcare. CUEH is most exposed to Technology, Finance, and Healthcare.
How do the fees of NBUX and CUEH compare?
NBUX has an expense ratio of 0.05%, while CUEH has an expense ratio of 0.05%.
What are the top holdings of NBUX and CUEH?
NBUX's largest holdings include NVIDIA Corp., Apple, Inc., and Microsoft Corp.. CUEH's top holdings include NVIDIA Corp., Apple, Inc., and Microsoft Corp..
Which ETF is more diversified: NBUX or CUEH?
NBUX holds 520 securities, while CUEH holds 510. On holdings count, NBUX is the more diversified portfolio.
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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.

