VS
RBC U.S. Discount Bond ETF (RUDB) and TD U.S. Long Term Treasury Bond ETF (TULB) offer distinct profiles for Canadian ETF investors. A direct comparison shows that RUDB focuses its top 3 sector exposures on Sovereign, Finance, and Consumer Cyclicals, while TULB leans towards Sovereign. When evaluating costs, RUDB features a management fee (MER) of 0.25%, compared to 0.23% for TULB. Performance-wise, RUDB has returned 0.92% year-to-date with -$90 M in net flows, whereas TULB is at 2.8% with +$154 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
RUDB
TULB
| AuM | $322.99 M | $271.33 M |
| Management Fees | 0.25% | 0.23% |
| Exp. ratio | 0.28% | 0.23% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 3, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | RUDB | -1.99% | -0.37% | +0.92% | +1.59% | +14.54% |
TULB | -0.63% | -3.27% | -2.80% | -0.87% | +2.67% | |
| Flows | RUDB | -$14 M | -$46 M | -$90 M | -$78 M | +$299 M |
TULB | +$21 M | +$53 M | +$154 M | +$186 M | +$162 M |
RUDB vs TULB exposure
Countries
RUDB
USA
98.99%
TULB
USA
99.89%
Sectors
RUDB
Sovereign
94.22%
TULB
Sovereign
99.89%
As of September 3, 2026
Top 10 Holdings
RUDB
USA, Notes 0.5% 31oct2027, USD (R-2027)
7.66%
USA, Notes 0.625% 15may2030, USD (C-2030)
7.19%
USA, Notes 0.625% 15aug2030, USD (E-2030)
7.12%
USA, Notes 1.25% 30apr2028, USD (K-2028)
7.01%
USA, Notes 1.75% 15nov2029, USD (F-2029)
7.01%
USA, Notes 0.375% 31jul2027, USD (N-2027)
6.93%
USA, Notes 1.125% 15feb2031, USD (B-2031)
6.50%
USA, Notes 1.625% 15aug2029, USD (E-2029)
5.77%
USA, Notes 0.75% 31jan2028, USD (G-2028)
5.51%
USA, Notes 0.5% 31may2027, USD (L-2027)
5.48%
TULB
USA, Bonds 4.625% 15nov2055, USD
12.77%
USA, Bonds 4.75% 15feb2056, USD
12.38%
USA, Bonds 1.875% 15nov2051, USD
9.03%
USA, Bonds 4.75% 15may2055, USD
9.01%
USA, Bonds 2.25% 15aug2049, USD
8.83%
USA, Bonds 4% 15nov2052, USD
7.86%
USA, Bonds 4.75% 15nov2053, USD
7.34%
USA, Bonds 4.25% 15feb2054, USD
6.75%
USA, Bonds 5% 15may2056, USD
6.20%
USA, Bonds 4.5% 15nov2054, USD
5.34%
Diversification
RUDB
Total weight of top 10 holdings out of 48 total
66.18%
TULB
Total weight of top 10 holdings out of 18 total
85.51%
Characteristics
Compare
RUDB
TULB
| Provider | RBC Global Asset Management | TD Asset Management |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | ||
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.62% | 4.79% |
| Meets ESG criteria | No | No |
| Inception Date | May 18, 2023 | November 26, 2019 |
Frequently asked questions about RUDB and TULB
Which ETF has performed better year to date: RUDB or TULB?
As of September 3, 2026, RUDB has returned 0.92% year to date, while TULB has returned -2.80%. RUDB is ahead on YTD performance.
Which ETF is larger by assets under management: RUDB or TULB?
As of September 3, 2026, RUDB manages $322.99 M in assets, while TULB manages $271.33 M. RUDB is the larger fund by AUM.
How are RUDB and TULB managed?
RUDB is actively managed by RBC Global Asset Management. It does not track an index. TULB is actively managed by TD Asset Management. It does not track an index.
What sectors do RUDB and TULB emphasize?
RUDB is most exposed to Sovereign, Finance, and Consumer Cyclicals. TULB is most exposed to Sovereign.
Which ETF is attracting more investor flows: RUDB or TULB?
Year to date, RUDB has seen -$90.40 M in net flows, compared with +$154.32 M for TULB. TULB has attracted more net investor money so far.
How do the fees of RUDB and TULB compare?
RUDB has an expense ratio of 0.28%, while TULB has an expense ratio of 0.23%.
What are the top holdings of RUDB and TULB?
RUDB's largest holdings include USA, Notes 0.5% 31oct2027, USD (R-2027), USA, Notes 0.625% 15may2030, USD (C-2030), and USA, Notes 0.625% 15aug2030, USD (E-2030). TULB's top holdings include USA, Bonds 4.625% 15nov2055, USD, USA, Bonds 4.75% 15feb2056, USD, and USA, Bonds 1.875% 15nov2051, USD.
Which ETF is more diversified: RUDB or TULB?
RUDB holds 48 securities, while TULB holds 18. On holdings count, RUDB is the more diversified portfolio.
Recent articles about RUDB and TULB
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