VS
RBC 1-5 Year Laddered Canadian Corporate Bond ETF (RBO) and RBC Target 2030 Canadian Corporate Bond Index ETF (RQS) offer distinct profiles for Canadian ETF investors. A direct comparison shows that RBO focuses its top 3 sector exposures on Finance, Energy, and Utilities, while RQS leans towards Finance, Energy, and Utilities. When evaluating costs, RBO features a management fee (MER) of 0.25%, compared to 0.2% for RQS. Performance-wise, RBO has returned 1.09% year-to-date with +$24 M in net flows, whereas RQS is at 0.83% with +$133 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
RBO
RQS
| AuM | $207.05 M | $436.52 M |
| Management Fees | 0.25% | 0.20% |
| Exp. ratio | 0.28% | 0.22% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 2, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | RBO | -0.36% | -0.06% | +1.09% | +2.25% | +16.50% |
RQS | -0.61% | -0.42% | +0.83% | +2.36% | - | |
| Flows | RBO | +$5 M | +$12 M | +$24 M | +$42 M | +$99 M |
RQS | +$18 M | +$51 M | +$133 M | +$191 M | - |
RBO vs RQS exposure
Countries
RBO
Canada
95.95%
RQS
Canada
95.84%
Sectors
RBO
Finance
67.05%
Energy
10.08%
Utilities
7.39%
Other
15.48%
RQS
Finance
73.14%
Energy
9.80%
Utilities
7.37%
Other
9.69%
As of September 2, 2026
Top 10 Holdings
RBO
Bank of Nova Scotia, 3.61% 30jan2032, CAD
1.66%
CIBC, 3.65% 13jan2032, CAD
1.64%
Bank of Montreal, 3.539% 3mar2032, CAD
1.45%
Royal Bank of Canada, 3.626% 10dec2028, CAD
1.41%
Royal Bank of Canada, 3.985% 22jul2031, CAD
1.34%
Federation des caisses Desjardins du Quebec, 3.714% 16jul2031, CAD
1.30%
Toronto-Dominion Bank, 3.687% 9jan2032, CAD
1.24%
National Bank of Canada, 5.219% 14jun2028, CAD
1.22%
Goldman Sachs, 3.641% 5mar2032, CAD
1.20%
Bank of Montreal, 4.42% 17jul2029, CAD
1.19%
RQS
Royal Bank of Canada, 3.985% 22jul2031, CAD
6.71%
Toronto-Dominion Bank, 3.605% 10sep2031, CAD
5.02%
Bank of Montreal, 3.731% 3jun2031, CAD
5.02%
Bank of Nova Scotia, 3.734% 27jun2031, CAD
4.79%
Toronto-Dominion Bank, 3.842% 29may2031, CAD
4.57%
CIBC, 3.9% 20jun2031, CAD
4.26%
Athene Global Funding, 4.091% 23may2030, CAD (2025-15)
4.15%
National Bank of Canada, 3.441% 21oct2031, CAD
3.30%
Manulife Financial Corporation, 2.818% 13may2035, CAD
3.22%
TransCanada PipeLines, 5.277% 15jul2030, CAD
3.13%
Diversification
RBO
Total weight of top 10 holdings out of 214 total
13.66%
RQS
Total weight of top 10 holdings out of 42 total
44.18%
Characteristics
Compare
RBO
RQS
| Provider | RBC Global Asset Management | RBC Global Asset Management |
| Management | Actively managed | Passively managed |
| Benchmark | - | FTSE Canada 2030 Maturity Corporate Bond Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.98% | 3.75% |
| Meets ESG criteria | No | No |
| Inception Date | January 15, 2014 | April 24, 2024 |
Frequently asked questions about RBO and RQS
Which ETF has performed better year to date: RBO or RQS?
As of September 2, 2026, RBO has returned 1.09% year to date, while RQS has returned 0.83%. RBO is ahead on YTD performance.
Which ETF is larger by assets under management: RBO or RQS?
As of September 2, 2026, RBO manages $207.05 M in assets, while RQS manages $436.52 M. RQS is the larger fund by AUM.
How are RBO and RQS managed?
RBO is actively managed by RBC Global Asset Management. It does not track an index. RQS is passively managed by RBC Global Asset Management. It tracks the FTSE Canada 2030 Maturity Corporate Bond Index - CAD benchmark.
What sectors do RBO and RQS emphasize?
RBO is most exposed to Finance, Energy, and Utilities. RQS is most exposed to Finance, Energy, and Utilities.
Which ETF is attracting more investor flows: RBO or RQS?
Year to date, RBO has seen +$24.27 M in net flows, compared with +$132.83 M for RQS. RQS has attracted more net investor money so far.
How do the fees of RBO and RQS compare?
RBO has an expense ratio of 0.28%, while RQS has an expense ratio of 0.22%.
What are the top holdings of RBO and RQS?
RBO's largest holdings include Bank of Nova Scotia, 3.61% 30jan2032, CAD, CIBC, 3.65% 13jan2032, CAD, and Bank of Montreal, 3.539% 3mar2032, CAD. RQS's top holdings include Royal Bank of Canada, 3.985% 22jul2031, CAD, Toronto-Dominion Bank, 3.605% 10sep2031, CAD, and Bank of Montreal, 3.731% 3jun2031, CAD.
Which ETF is more diversified: RBO or RQS?
RBO holds 214 securities, while RQS holds 42. On holdings count, RBO is the more diversified portfolio.
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
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.
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.