VS
RBC Target 2031 Canadian Corporate Bond ETF (RQT) and Manulife Smart Core Bond ETF (BSKT) offer distinct profiles for Canadian ETF investors. A direct comparison shows that RQT focuses its top 3 sector exposures on Finance, Energy, and Utilities, while BSKT leans towards Finance, Energy, and Utilities. When evaluating costs, RQT features a management fee (MER) of 0.2%, compared to 0.22% for BSKT. Performance-wise, RQT has returned 0.16% year-to-date with +$193 M in net flows, whereas BSKT is at 0.71% with +$89 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
RQT
BSKT
| AuM | $400.89 M | $758.28 M |
| Management Fees | 0.20% | 0.22% |
| Exp. ratio | 0.23% | 0.23% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | RQT | -0.90% | -1.50% | +0.16% | +0.52% | - |
BSKT | -1.12% | -2.47% | -0.71% | -1.26% | +12.90% | |
| Flows | RQT | +$10 M | +$47 M | +$193 M | +$364 M | - |
BSKT | +$16 M | +$23 M | +$89 M | +$190 M | +$762 M |
RQT vs BSKT exposure
Countries
RQT
Canada
83.98%
USA
12.98%
BSKT
Canada
85.98%
USA
9.83%
Sectors
RQT
Finance
59.26%
Energy
16.29%
Other
24.46%
BSKT
Finance
53.51%
Energy
15.59%
Utilities
14.73%
Other
16.17%
As of September 11, 2026
Top 10 Holdings
RQT
Bank of Nova Scotia, 3.61% 30jan2032, CAD
8.30%
CIBC, 3.65% 13jan2032, CAD
8.22%
Bank of Montreal, 3.539% 3mar2032, CAD
7.28%
Federation des caisses Desjardins du Quebec, 3.714% 16jul2031, CAD
6.50%
Toronto-Dominion Bank, 3.687% 9jan2032, CAD
6.22%
Goldman Sachs, 3.641% 5mar2032, CAD
6.03%
Alphabet, 3.65% 15may2031, CAD
5.27%
North West Redwater Partnership, 2.8% 1jun2031, CAD (N)
4.39%
Enbridge, 3.57% 26feb2031, CAD
3.74%
Toronto-Dominion Bank, 3.857% 7apr2032, CAD
3.27%
BSKT
Fortified Trust, 4.419% 23dec2027, CAD (A)
2.35%
Federation des caisses Desjardins du Quebec, FRN 15may2034, CAD
2.23%
Royal Bank of Canada, 4.829% 8aug2034, CAD (28)
1.89%
Brookfield Renewable, 5.45% 12mar2055, CAD
1.67%
Federation des caisses Desjardins du Quebec, 4.264% 24jan2035, CAD
1.34%
National Bank of Canada, 5.426% 16aug2032, CAD
1.34%
Chubb INA Holdings, 4.034% 10jun2033, CAD
1.34%
Citigroup, 4.55% 3jun2035, CAD
1.32%
Hyundai Capital Canada, 5.565% 8mar2028, CAD (C)
1.27%
Amazon.com, 4.35% 12jun2036, CAD
1.26%
Diversification
RQT
Total weight of top 10 holdings out of 41 total
59.21%
BSKT
Total weight of top 10 holdings out of 183 total
16.01%
Characteristics
Compare
RQT
BSKT
| Provider | RBC Global Asset Management | Manulife Investments |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | ||
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.43% | 3.13% |
| Meets ESG criteria | No | No |
| Inception Date | April 1, 2025 | November 10, 2020 |
Frequently asked questions about RQT and BSKT
Which ETF has performed better year to date: RQT or BSKT?
As of September 11, 2026, RQT has returned 0.16% year to date, while BSKT has returned -0.71%. RQT is ahead on YTD performance.
Which ETF is larger by assets under management: RQT or BSKT?
As of September 11, 2026, RQT manages $400.89 M in assets, while BSKT manages $758.28 M. BSKT is the larger fund by AUM.
How are RQT and BSKT managed?
RQT is actively managed by RBC Global Asset Management. It does not track an index. BSKT is actively managed by Manulife Investments. It does not track an index.
What sectors do RQT and BSKT emphasize?
RQT is most exposed to Finance, Energy, and Utilities. BSKT is most exposed to Finance, Energy, and Utilities.
Which ETF is attracting more investor flows: RQT or BSKT?
Year to date, RQT has seen +$193.45 M in net flows, compared with +$89.37 M for BSKT. RQT has attracted more net investor money so far.
How do the fees of RQT and BSKT compare?
RQT has an expense ratio of 0.23%, while BSKT has an expense ratio of 0.23%.
What are the top holdings of RQT and BSKT?
RQT'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. BSKT's top holdings include Fortified Trust, 4.419% 23dec2027, CAD (A), Federation des caisses Desjardins du Quebec, FRN 15may2034, CAD, and Royal Bank of Canada, 4.829% 8aug2034, CAD (28).
Which ETF is more diversified: RQT or BSKT?
RQT holds 41 securities, while BSKT holds 183. On holdings count, BSKT 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.