VS
RBC Target 2026 Canadian Government Bond ETF (RGQO) and CIBC 2026 Investment Grade Bond Fund (CTBB) offer distinct profiles for Canadian ETF investors. A direct comparison shows that RGQO focuses its top 3 sector exposures on Sovereign, Municipal, and Government Agencies, while CTBB leans towards Finance, Sovereign, and Government Agencies. When evaluating costs, RGQO features a management fee (MER) of 0.15%, compared to 0.15% for CTBB. Performance-wise, RGQO has returned 1.48% year-to-date with +$1 M in net flows, whereas CTBB is at 1.61% with +$20 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
RGQO
CTBB
| AuM | $87.36 M | $102.36 M |
| Management Fees | 0.15% | 0.15% |
| Exp. ratio | 0.17% | 0.23% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 3, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | RGQO | +0.19% | +0.56% | +1.48% | +2.43% | +13.27% |
CTBB | +0.19% | +0.60% | +1.61% | +2.62% | - | |
| Flows | RGQO | -$10 M | -$15 M | +$1 M | -$4 M | +$66 M |
CTBB | +$2 M | +$9 M | +$20 M | +$41 M | - |
RGQO vs CTBB exposure
Countries
RGQO
Canada
100.02%
CTBB
Canada
89.65%
Other
7.52%
Sectors
RGQO
Sovereign
69.05%
Municipal
13.86%
Government Agencies
13.04%
CTBB
Finance
39.20%
Sovereign
22.88%
Government Agencies
15.41%
Consumer Cyclicals
10.67%
Other
7.52%
As of September 3, 2026
Top 10 Holdings
RGQO
Canada, Bills 0% 9sep2026, CAD (364D)
63.65%
Canada Housing Trust, 1.1% 15dec2026, CAD (102)
9.22%
Province of Quebec, 2.5% 1sep2026, CAD
8.87%
Canada, Bonds 3.25% 1nov2026, CAD
5.40%
CDP Financial, 1.5% 19oct2026, CAD (6)
4.07%
CMHC, 1.9% 15sep2026, CAD (73)
3.82%
Province of Ontario, 1.35% 8sep2026, CAD (DMTN250)
3.00%
Province of New Brunswick, 2.6% 14aug2026, CAD (HS)
1.99%
CTBB
Canada Housing Trust, 1.1% 15dec2026, CAD (102)
15.41%
Royal Bank of Canada, 2.14% 3nov2031, CAD (24)
9.67%
Bank of Nova Scotia, 1.85% 2nov2026, CAD
9.55%
Canada, Bills 0% 26aug2026, CAD (182D)
8.78%
Canada, Bills 0% 12aug2026, CAD (364D)
8.25%
Ford Credit Canada Co, 2.961% 16sep2026, CAD
7.98%
CA34960VAU22
7.88%
VW Credit Canada, 2.45% 10dec2026, CAD
7.85%
Canada, Bills 0% 9sep2026, CAD (364D)
5.85%
Honda Canada Finance, 1.711% 28sep2026, CAD
4.16%
Diversification
RGQO
Total weight of top 10 holdings out of 8 total
100.02%
CTBB
Total weight of top 10 holdings out of 19 total
85.39%
Characteristics
Compare
RGQO
CTBB
| Provider | RBC Global Asset Management | CIBC |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | ||
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.39% | 1.61% |
| Meets ESG criteria | No | No |
| Inception Date | April 21, 2023 | July 16, 2024 |
Frequently asked questions about RGQO and CTBB
Which ETF has performed better year to date: RGQO or CTBB?
As of September 3, 2026, RGQO has returned 1.48% year to date, while CTBB has returned 1.61%. CTBB is ahead on YTD performance.
Which ETF is larger by assets under management: RGQO or CTBB?
As of September 3, 2026, RGQO manages $87.36 M in assets, while CTBB manages $102.36 M. CTBB is the larger fund by AUM.
How are RGQO and CTBB managed?
RGQO is actively managed by RBC Global Asset Management. It does not track an index. CTBB is actively managed by CIBC. It does not track an index.
What sectors do RGQO and CTBB emphasize?
RGQO is most exposed to Sovereign, Municipal, and Government Agencies. CTBB is most exposed to Finance, Sovereign, and Government Agencies.
Which ETF is attracting more investor flows: RGQO or CTBB?
Year to date, RGQO has seen +$1.07 M in net flows, compared with +$19.97 M for CTBB. CTBB has attracted more net investor money so far.
How do the fees of RGQO and CTBB compare?
RGQO has an expense ratio of 0.17%, while CTBB has an expense ratio of 0.23%.
What are the top holdings of RGQO and CTBB?
RGQO's largest holdings include Canada, Bills 0% 9sep2026, CAD (364D), Canada Housing Trust, 1.1% 15dec2026, CAD (102), and Province of Quebec, 2.5% 1sep2026, CAD. CTBB's top holdings include Canada Housing Trust, 1.1% 15dec2026, CAD (102), Royal Bank of Canada, 2.14% 3nov2031, CAD (24), and Bank of Nova Scotia, 1.85% 2nov2026, CAD.
Which ETF is more diversified: RGQO or CTBB?
RGQO holds 8 securities, while CTBB holds 19. On holdings count, CTBB is the more diversified portfolio.
Recent articles about RGQO and CTBB
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