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Compare RBC Target 2031 Canadian Corporate Bond ETF (RQT) vs iShares ESG Advanced Canadian Corporate Bond Index ETF (XCBG) to find the best fit for your portfolio. RQT provides Finance, Energy, and Utilities exposures, while XCBG is primarily weighted in Finance, Telecommunications, and Utilities. When evaluating costs, RQT features a management fee (MER) of 0.2%, compared to 0.15% for XCBG. Performance-wise, RQT has returned 0.1% year-to-date with +$193 M in net flows, whereas XCBG is at 0.16% with -$13 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
XCBG
| AuM | $400.68 M | $82.75 M |
| Management Fees | 0.20% | 0.15% |
| Exp. ratio | 0.23% | 0.17% |
| Tracking Difference | - | -0.14% |
Historical performance and flows
As of September 14, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | RQT | -1.20% | -1.73% | +0.10% | +0.39% | - |
XCBG | -1.06% | -1.74% | -0.16% | +0.52% | +17.32% | |
| Flows | RQT | +$10 M | +$45 M | +$193 M | +$361 M | - |
XCBG | +$2 M | +$4 M | -$13 M | +$4 M | +$62 M |
RQT vs XCBG exposure
Countries
RQT
Canada
83.98%
USA
12.98%
XCBG
Canada
85.03%
USA
12.88%
Sectors
RQT
Finance
59.26%
Energy
16.29%
Other
24.46%
XCBG
Finance
61.13%
Telecommunications
16.61%
Utilities
8.63%
Other
13.63%
As of September 14, 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%
XCBG
Toronto-Dominion Bank, 3.687% 9jan2032, CAD
1.33%
Bank of Nova Scotia, 3.61% 30jan2032, CAD
1.17%
CIBC, 3.65% 13jan2032, CAD
1.09%
Bank of Nova Scotia, 3.734% 27jun2031, CAD
0.97%
Royal Bank of Canada, 3.572% 9dec2031, CAD
0.91%
Toronto-Dominion Bank, 3.842% 29may2031, CAD
0.86%
Bank of Montreal, 3.19% 1mar2028, CAD
0.86%
Bank of Montreal, 4.709% 7dec2027, CAD
0.86%
Equinix, 4% 15nov2032, CAD
0.84%
Alphabet, 5% 15may2056, CAD
0.83%
Diversification
RQT
Total weight of top 10 holdings out of 41 total
59.21%
XCBG
Total weight of top 10 holdings out of 365 total
9.72%
Characteristics
Compare
RQT
XCBG
| Provider | RBC Global Asset Management | iShares |
| Management | Actively managed | Passively managed |
| Benchmark | - | Bloomberg MSCI Canada Corporate Choice ESG Screened 10% Issuer Capped Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.43% | 4.08% |
| Meets ESG criteria | No | Yes |
| Inception Date | April 1, 2025 | August 6, 2021 |
Frequently asked questions about RQT and XCBG
Which ETF has performed better year to date: RQT or XCBG?
As of September 14, 2026, RQT has returned 0.10% year to date, while XCBG has returned -0.16%. RQT is ahead on YTD performance.
Which ETF is larger by assets under management: RQT or XCBG?
As of September 14, 2026, RQT manages $400.68 M in assets, while XCBG manages $82.75 M. RQT is the larger fund by AUM.
How are RQT and XCBG managed?
RQT is actively managed by RBC Global Asset Management. It does not track an index. XCBG is passively managed by iShares. It tracks the Bloomberg MSCI Canada Corporate Choice ESG Screened 10% Issuer Capped Index - CAD benchmark.
What sectors do RQT and XCBG emphasize?
RQT is most exposed to Finance, Energy, and Utilities. XCBG is most exposed to Finance, Telecommunications, and Utilities.
Which ETF is attracting more investor flows: RQT or XCBG?
Year to date, RQT has seen +$193.45 M in net flows, compared with -$13.01 M for XCBG. RQT has attracted more net investor money so far.
How do the fees of RQT and XCBG compare?
RQT has an expense ratio of 0.23%, while XCBG has an expense ratio of 0.17%.
What are the top holdings of RQT and XCBG?
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. XCBG's top holdings include Toronto-Dominion Bank, 3.687% 9jan2032, CAD, Bank of Nova Scotia, 3.61% 30jan2032, CAD, and CIBC, 3.65% 13jan2032, CAD.
Which ETF is more diversified: RQT or XCBG?
RQT holds 41 securities, while XCBG holds 365. On holdings count, XCBG is the more diversified portfolio.
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