VS
When evaluating costs, NUBF features a management fee (MER) of 0.75%, compared to 0.09% for XBB. Performance-wise, NUBF has returned 5.35% year-to-date with +$219 M in net flows, whereas XBB is at 0.32% with +$2 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
NUBF
XBB
| AuM | $2,971.64 M | $10,976.28 M |
| Management Fees | 0.75% | 0.09% |
| Exp. ratio | 0.78% | 0.10% |
| Tracking Difference | - | - |
Historical performance and flows
As of October 16, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | NUBF | -1.44% | -3.28% | -5.35% | -6.29% | +0.92% |
XBB | +1.05% | -0.94% | +0.32% | -0.63% | +15.67% | |
| Flows | NUBF | +$6 M | +$126 M | +$219 M | +$267 M | +$625 M |
XBB | +$221 M | +$1,058 M | +$2,104 M | +$2,678 M | +$5,173 M |
NUBF vs XBB exposure
Countries
NUBF
Exposure data will be available soon
XBB
Canada
96.80%
Sectors
NUBF
Exposure data will be available soon
XBB
Sovereign
33.82%
Municipal
28.72%
Finance
14.06%
Government Agencies
7.21%
Other
16.19%
As of October 16, 2026
Top 10 Holdings
NUBF
Exposure data will be available soon
XBB
Canada, Bonds 2.75% 1sep2030, CAD
1.54%
Canada, Bonds 2.75% 1mar2031, CAD
1.52%
Canada, Bonds 3.25% 1dec2035, CAD
1.50%
Canada, Bonds 3.25% 1jun2036, CAD
1.46%
Canada, Bonds 3.25% 1jun2035, CAD
1.40%
Canada, Bonds 3% 1sep2031, CAD
1.28%
Canada, Bonds 2.75% 1mar2030, CAD
1.21%
Canada, Bonds 3% 1jun2034, CAD
1.21%
Canada, Bonds 3.5% 1dec2057, CAD
1.16%
Canada, Bonds 3.5% 1sep2029, CAD
1.14%
Diversification
NUBF
Exposure data will be available soon
XBB
Total weight of top 10 holdings out of 1,904 total
13.40%
Characteristics
Compare
NUBF
XBB
| Provider | National Bank Investments | iShares |
| Management | Actively managed | Passively managed |
| Benchmark | - | FTSE Canada Universe Bond TR Index - CAD |
| Replication Method | - | Direct (Physical) |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.00% | 3.51% |
| Meets ESG criteria | No | No |
| Inception Date | October 18, 2019 | November 20, 2000 |
Frequently asked questions about NUBF and XBB
Which ETF has performed better year to date: NUBF or XBB?
As of October 16, 2026, NUBF has returned -5.35% year to date, while XBB has returned 0.32%. XBB is ahead on YTD performance.
Which ETF is larger by assets under management: NUBF or XBB?
As of October 16, 2026, NUBF manages $2.97 B in assets, while XBB manages $10.98 B. XBB is the larger fund by AUM.
How are NUBF and XBB managed?
NUBF is actively managed by National Bank Investments. It does not track an index. XBB is passively managed by iShares. It tracks the FTSE Canada Universe Bond TR Index - CAD benchmark.
Which ETF is attracting more investor flows: NUBF or XBB?
Year to date, NUBF has seen +$219.21 M in net flows, compared with +$2,104.30 M for XBB. XBB has attracted more net investor money so far.
How do the fees of NUBF and XBB compare?
NUBF has an expense ratio of 0.78%, while XBB has an expense ratio of 0.10%.
Recent articles about NUBF and XBB
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Posted on 7/19/2023 by Tony Dong inETF Ecosystem
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