VS
When evaluating costs, PSB features a management fee (MER) of 0.25%, compared to 0.09% for XSH. Performance-wise, PSB has returned 1.45% year-to-date with -$7 M in net flows, whereas XSH is at 1.54% with +$507 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
PSB
XSH
| AuM | $523.87 M | $2,684.77 M |
| Management Fees | 0.25% | 0.09% |
| Exp. ratio | 0.28% | 0.10% |
| Tracking Difference | - | -0.11% |
Historical performance and flows
As of July 28, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | PSB | -0.17% | +0.79% | +1.45% | +3.76% | +18.31% |
XSH | -0.13% | +0.92% | +1.54% | +3.73% | +19.46% | |
| Flows | PSB | +$4 M | -$15 M | -$7 M | -$53 M | +$121 M |
XSH | +$126 M | +$317 M | +$507 M | +$1,097 M | +$1,425 M |
PSB vs XSH exposure
Countries
PSB
Exposure data will be available soon
XSH
Canada
61.52%
Other
33.21%
Sectors
PSB
Exposure data will be available soon
XSH
Other
33.21%
Banks
23.31%
Other
43.48%
As of July 28, 2026
Top 10 Holdings
PSB
Exposure data will be available soon
XSH
CA06418Y4L93
0.91%
CA779926WF74
0.90%
CA13607QQT27
0.77%
CA89116C7J09
0.76%
Bank of Montreal, 4.709% 7dec2027, CAD
0.71%
CA06418YXB96
0.71%
Toronto-Dominion Bank, 4.68% 8jan2029, CAD
0.67%
Royal Bank of Canada, 4.632% 1may2028, CAD
0.67%
CA89116C3S44
0.65%
CA023135DV51
0.65%
Diversification
PSB
Exposure data will be available soon
XSH
Total weight of top 10 holdings out of 633 total
7.40%
Characteristics
Compare
PSB
XSH
| Provider | Invesco | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | FTSE TMX Canada Investment Grade Laddered Corporate 1/5 Y Bond Total Return Index - CAD | FTSE Canada Universe + Maple Short Term Corporate Bond TR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.21% | 3.94% |
| Meets ESG criteria | No | No |
| Inception Date | June 15, 2011 | September 13, 2011 |
Frequently asked questions about PSB and XSH
Which ETF has performed better year to date: PSB or XSH?
As of July 28, 2026, PSB has returned 1.45% year to date, while XSH has returned 1.54%. XSH is ahead on YTD performance.
Which ETF is larger by assets under management: PSB or XSH?
As of July 28, 2026, PSB manages $523.87 M in assets, while XSH manages $2.68 B. XSH is the larger fund by AUM.
How are PSB and XSH managed?
PSB is passively managed by Invesco. It tracks the FTSE TMX Canada Investment Grade Laddered Corporate 1/5 Y Bond Total Return Index - CAD benchmark. XSH is passively managed by iShares. It tracks the FTSE Canada Universe + Maple Short Term Corporate Bond TR Index - CAD benchmark.
Which ETF is attracting more investor flows: PSB or XSH?
Year to date, PSB has seen -$7.41 M in net flows, compared with +$506.87 M for XSH. XSH has attracted more net investor money so far.
How do the fees of PSB and XSH compare?
PSB has an expense ratio of 0.28%, while XSH has an expense ratio of 0.10%.
Recent articles about PSB and XSH
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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.