VS
Compare RBC 1-5 YEAR LADDERED CANADIAN BOND ETF (RLB) vs Desjardins Canadian Short Term Bond Index ETF (DCS) to find the best fit for your portfolio. RLB provides Finance, Municipal, and Sovereign exposures, while DCS is primarily weighted in Sovereign, Finance, and Municipal. When evaluating costs, RLB features a management fee (MER) of 0.22%, compared to 0.07% for DCS. Performance-wise, RLB has returned 0.6% year-to-date with +$57 M in net flows, whereas DCS is at 0.38% with +$8 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
DCS
| AuM | $215.68 M | $48.91 M |
| Management Fees | 0.22% | 0.07% |
| Exp. ratio | 0.25% | 0.08% |
| Tracking Difference | - | -0.06% |
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% |
DCS | -0.57% | -0.69% | +0.38% | +0.90% | +13.71% | |
| Flows | RLB | +$10 M | +$29 M | +$57 M | +$79 M | +$101 M |
DCS | -$4 M | -$2 M | +$8 M | +$15 M | +$36 M |
RLB vs DCS exposure
Countries
RLB
Canada
97.10%
DCS
Canada
96.95%
Sectors
RLB
Finance
49.64%
Municipal
13.62%
Sovereign
8.39%
Energy
7.06%
Other
21.29%
DCS
Sovereign
41.18%
Finance
21.92%
Municipal
14.24%
Government Agencies
12.23%
Other
10.44%
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%
DCS
Canada, Bonds 2.75% 1sep2030, CAD
3.44%
Canada, Bond 1.25 1jun2030 10Y
3.43%
Canada, Bonds 2.75% 1mar2031, CAD
3.37%
Canada, Bond 0.5 1oct2030 10Y
2.91%
Canada, Bonds 2.75% 1mar2030, CAD
2.66%
Canada, Bonds 3.5% 1sep2029, CAD
2.54%
Canada, Bonds 2.25% 1feb2028, CAD
2.51%
Canada, Bonds 2.5% 1aug2027, CAD
2.46%
Canada, Bonds 2.5% 1nov2027, CAD
2.42%
Canada, Bonds 2.5% 1may2028, CAD
2.35%
Diversification
RLB
Total weight of top 10 holdings out of 317 total
9.56%
DCS
Total weight of top 10 holdings out of 556 total
28.08%
Characteristics
Compare
RLB
DCS
| Provider | RBC Global Asset Management | Desjardins Investments |
| Management | Actively managed | Passively managed |
| Benchmark | - | Solactive Short-Term Canadian Bond Universe Total Return Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.56% | 2.98% |
| Meets ESG criteria | No | No |
| Inception Date | January 1, 2016 | April 3, 2017 |
Frequently asked questions about RLB and DCS
Which ETF has performed better year to date: RLB or DCS?
As of September 11, 2026, RLB has returned 0.60% year to date, while DCS has returned 0.38%. RLB is ahead on YTD performance.
Which ETF is larger by assets under management: RLB or DCS?
As of September 11, 2026, RLB manages $215.68 M in assets, while DCS manages $48.91 M. RLB is the larger fund by AUM.
How are RLB and DCS managed?
RLB is actively managed by RBC Global Asset Management. It does not track an index. DCS is passively managed by Desjardins Investments. It tracks the Solactive Short-Term Canadian Bond Universe Total Return Index - CAD benchmark.
What sectors do RLB and DCS emphasize?
RLB is most exposed to Finance, Municipal, and Sovereign. DCS is most exposed to Sovereign, Finance, and Municipal.
Which ETF is attracting more investor flows: RLB or DCS?
Year to date, RLB has seen +$57.20 M in net flows, compared with +$7.66 M for DCS. RLB has attracted more net investor money so far.
How do the fees of RLB and DCS compare?
RLB has an expense ratio of 0.25%, while DCS has an expense ratio of 0.08%.
What are the top holdings of RLB and DCS?
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. DCS's top holdings include Canada, Bonds 2.75% 1sep2030, CAD, Canada, Bond 1.25 1jun2030 10Y, and Canada, Bonds 2.75% 1mar2031, CAD.
Which ETF is more diversified: RLB or DCS?
RLB holds 317 securities, while DCS holds 556. On holdings count, DCS 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.