VS
RBC U.S. Discount Bond ETF (RUDB) and BMO Short-Term US TIPS Index ETF (ZTIP.F) 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 ZTIP.F leans towards Sovereign. When evaluating costs, RUDB features a management fee (MER) of 0.25%, compared to 0.15% for ZTIP.F. Performance-wise, RUDB has returned 0.92% year-to-date with -$90 M in net flows, whereas ZTIP.F is at 0.79% with +$54 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
ZTIP.F
| AuM | $322.99 M | $244.26 M |
| Management Fees | 0.25% | 0.15% |
| Exp. ratio | 0.28% | 0.17% |
| 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% |
ZTIP.F | +0.04% | -0.51% | +0.79% | +0.46% | +11.09% | |
| Flows | RUDB | -$14 M | -$46 M | -$90 M | -$78 M | +$299 M |
ZTIP.F | -$1 M | -$2 M | +$54 M | +$69 M | +$72 M |
RUDB vs ZTIP.F exposure
Countries
RUDB
USA
98.99%
ZTIP.F
USA
100.00%
Sectors
RUDB
Sovereign
94.22%
ZTIP.F
Sovereign
100.00%
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%
ZTIP.F
USA, TIPS 1.125% 15oct2030, USD (AE-2030)
5.67%
USA, TIPS 1.25% 15apr2031, USD (X-2031)
5.62%
USA, TIPS 1.625% 15apr2030, USD (X-2030)
5.59%
USA, TIPS 1.625% 15oct2029, USD (AE-2029)
5.41%
USA, TIPS 2.125% 15apr2029, USD (X-2029)
5.26%
USA, TIPS 2.375% 15oct2028, USD (AE-2028)
5.21%
USA, TIPS 0.125% 15apr2027, USD (X-2027)
5.03%
USA, TIPS 1.625% 15oct2027, USD (AE-2027)
5.01%
USA, TIPS 0.125% 15oct2026, USD (AE-2026)
4.93%
USA, TIPS 1.25% 15apr2028, USD (X-2028)
4.89%
Diversification
RUDB
Total weight of top 10 holdings out of 48 total
66.18%
ZTIP.F
Total weight of top 10 holdings out of 24 total
52.62%
Characteristics
Compare
RUDB
ZTIP.F
| Provider | RBC Global Asset Management | BMO |
| Management | Actively managed | Passively managed |
| Benchmark | - | Bloomberg US Govt Inflation-Linked 0-5Yrs Total Return Index - USD |
| Replication Method | Direct (Physical) | |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.62% | 3.95% |
| Meets ESG criteria | No | No |
| Inception Date | May 18, 2023 | January 20, 2021 |
Frequently asked questions about RUDB and ZTIP.F
Which ETF has performed better year to date: RUDB or ZTIP.F?
As of September 3, 2026, RUDB has returned 0.92% year to date, while ZTIP.F has returned 0.79%. RUDB is ahead on YTD performance.
Which ETF is larger by assets under management: RUDB or ZTIP.F?
As of September 3, 2026, RUDB manages $322.99 M in assets, while ZTIP.F manages $244.26 M. RUDB is the larger fund by AUM.
How are RUDB and ZTIP.F managed?
RUDB is actively managed by RBC Global Asset Management. It does not track an index. ZTIP.F is passively managed by BMO. It tracks the Bloomberg US Govt Inflation-Linked 0-5Yrs Total Return Index - USD benchmark.
What sectors do RUDB and ZTIP.F emphasize?
RUDB is most exposed to Sovereign, Finance, and Consumer Cyclicals. ZTIP.F is most exposed to Sovereign.
Which ETF is attracting more investor flows: RUDB or ZTIP.F?
Year to date, RUDB has seen -$90.40 M in net flows, compared with +$53.88 M for ZTIP.F. ZTIP.F has attracted more net investor money so far.
How do the fees of RUDB and ZTIP.F compare?
RUDB has an expense ratio of 0.28%, while ZTIP.F has an expense ratio of 0.17%.
What are the top holdings of RUDB and ZTIP.F?
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). ZTIP.F's top holdings include USA, TIPS 1.125% 15oct2030, USD (AE-2030), USA, TIPS 1.25% 15apr2031, USD (X-2031), and USA, TIPS 1.625% 15apr2030, USD (X-2030).
Which ETF is more diversified: RUDB or ZTIP.F?
RUDB holds 48 securities, while ZTIP.F holds 24. On holdings count, RUDB is the more diversified portfolio.
Recent articles about RUDB and ZTIP.F
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