VS
RBC 1-5 YEAR LADDERED CANADIAN BOND ETF (RLB) and Desjardins 1-5 year Laddered Canadian Government Bond Index ETF (DCG) offer distinct profiles for Canadian ETF investors. A direct comparison shows that RLB focuses its top 3 sector exposures on Finance, Municipal, and Sovereign, while DCG leans towards Municipal, Finance, and Government Agencies. When evaluating costs, RLB features a management fee (MER) of 0.22%, compared to 0.12% for DCG. Performance-wise, RLB has returned 0.6% year-to-date with +$57 M in net flows, whereas DCG is at 0.24% with +$18 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
RLB
DCG
| AuM | $215.68 M | $137.92 M |
| Management Fees | 0.22% | 0.12% |
| Exp. ratio | 0.25% | 0.14% |
| Tracking Difference | - | -0.12% |
Historical performance and flows
As of September 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | RLB | -0.48% | -0.62% | +0.60% | +1.08% | +14.91% |
DCG | -0.68% | -0.88% | +0.24% | +0.56% | +12.97% | |
| Flows | RLB | +$10 M | +$29 M | +$57 M | +$79 M | +$101 M |
DCG | +$3 M | -$37 M | +$18 M | +$40 M | +$85 M |
RLB vs DCG exposure
Countries
RLB
Canada
97.10%
DCG
Canada
97.05%
Sectors
RLB
Finance
49.64%
Municipal
13.62%
Sovereign
8.39%
Energy
7.06%
Other
21.29%
DCG
Municipal
59.43%
Finance
18.21%
Government Agencies
15.05%
Other
7.31%
As of September 11, 2026
Top 10 Holdings
RLB
Bank of Nova Scotia, 3.61% 30jan2032, CAD
1.16%
CIBC, 3.65% 13jan2032, CAD
1.15%
Bank of Montreal, 3.539% 3mar2032, CAD
1.02%
Royal Bank of Canada, 3.626% 10dec2028, CAD
0.99%
Royal Bank of Canada, 3.985% 22jul2031, CAD
0.94%
Federation des caisses Desjardins du Quebec, 3.714% 16jul2031, CAD
0.91%
Toronto-Dominion Bank, 3.687% 9jan2032, CAD
0.87%
National Bank of Canada, 5.219% 14jun2028, CAD
0.86%
Goldman Sachs, 3.641% 5mar2032, CAD
0.84%
Bank of Montreal, 4.42% 17jul2029, CAD
0.83%
DCG
CMHC, 2.35% 15jun2027, CAD (77)
8.82%
Province of Quebec, 1.5% 1sep2031, CAD (B128)
7.44%
Province of Ontario, 2.15% 2jun2031, CAD (DMTN249)
7.26%
Province of Ontario, 1.35% 2dec2030, CAD (DMTN248)
7.10%
Canada, Bond 2.25 1jun2029 10Y
6.54%
Canada Pension Plan Investment Board, 3% 15jun2028, CAD (8)
6.52%
CPPIB Capital, 3.35% 2dec2030, CAD (68)
5.49%
Province of Quebec, 2.75% 1sep2027, CAD (B122)
5.23%
CMHC, 2.65% 15dec2028, CAD (85)
5.10%
Province of New Brunswick, 3.1% 14aug2028, CAD (HZ)
4.59%
Diversification
RLB
Total weight of top 10 holdings out of 317 total
9.56%
DCG
Total weight of top 10 holdings out of 40 total
64.08%
Characteristics
Compare
RLB
DCG
| Provider | RBC Global Asset Management | Desjardins Investments |
| Management | Actively managed | Passively managed |
| Benchmark | - | Solactive 1-5 Year Laddered Canadian Government Bond Total Return Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.56% | 2.33% |
| Meets ESG criteria | No | No |
| Inception Date | January 1, 2016 | March 21, 2017 |
Frequently asked questions about RLB and DCG
Which ETF has performed better year to date: RLB or DCG?
As of September 11, 2026, RLB has returned 0.60% year to date, while DCG has returned 0.24%. RLB is ahead on YTD performance.
Which ETF is larger by assets under management: RLB or DCG?
As of September 11, 2026, RLB manages $215.68 M in assets, while DCG manages $137.92 M. RLB is the larger fund by AUM.
How are RLB and DCG managed?
RLB is actively managed by RBC Global Asset Management. It does not track an index. DCG is passively managed by Desjardins Investments. It tracks the Solactive 1-5 Year Laddered Canadian Government Bond Total Return Index - CAD benchmark.
What sectors do RLB and DCG emphasize?
RLB is most exposed to Finance, Municipal, and Sovereign. DCG is most exposed to Municipal, Finance, and Government Agencies.
Which ETF is attracting more investor flows: RLB or DCG?
Year to date, RLB has seen +$57.20 M in net flows, compared with +$18.21 M for DCG. RLB has attracted more net investor money so far.
How do the fees of RLB and DCG compare?
RLB has an expense ratio of 0.25%, while DCG has an expense ratio of 0.14%.
What are the top holdings of RLB and DCG?
RLB'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. DCG's top holdings include CMHC, 2.35% 15jun2027, CAD (77), Province of Quebec, 1.5% 1sep2031, CAD (B128), and Province of Ontario, 2.15% 2jun2031, CAD (DMTN249).
Which ETF is more diversified: RLB or DCG?
RLB holds 317 securities, while DCG holds 40. On holdings count, RLB 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.