VS
RBC Short Term U.S. Corporate Bond ETF (RUSB) and iShares U.S. High Yield Bond Index ETF (XHY) offer distinct profiles for Canadian ETF investors. A direct comparison shows that RUSB focuses its top 3 sector exposures on Finance, Utilities, and Technology, while XHY leans towards Finance, Consumer Services, and Industrials. When evaluating costs, RUSB features a management fee (MER) of 0.35%, compared to 0.5% for XHY. Performance-wise, RUSB has returned 2.62% year-to-date with +$1 M in net flows, whereas XHY is at 1.87% with +$333 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
RUSB
XHY
| AuM | $5.88 M | $1,220.40 M |
| Management Fees | 0.35% | 0.50% |
| Exp. ratio | 0.40% | 0.56% |
| Tracking Difference | - | -0.27% |
Historical performance and flows
As of October 20, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | RUSB | +0.18% | -0.64% | +2.62% | +0.79% | +19.58% |
XHY | -2.16% | -2.71% | -1.87% | -0.86% | +21.91% | |
| Flows | RUSB | +$0 M | +$0 M | +$1 M | +$1 M | +$4 M |
XHY | +$99 M | +$146 M | +$333 M | +$385 M | +$895 M |
RUSB vs XHY exposure
Countries
RUSB
USA
80.32%
Other
19.68%
XHY
USA
85.65%
Other
14.35%
Sectors
RUSB
Finance
48.48%
Utilities
7.11%
Other
44.41%
XHY
Finance
17.32%
Consumer Services
13.32%
Industrials
9.39%
Energy
8.65%
Non-Energy Materials
7.98%
Business Services
7.24%
Other
36.10%
As of October 20, 2026
Top 10 Holdings
RUSB
USA, Notes 4.125% 31oct2029, USD (AF-2029)
2.22%
USA, Notes 3.875% 30apr2030, USD (Y-2030)
2.05%
USA, Notes 4.875% 31oct2030, USD (R-2030)
1.72%
Morgan Stanley, 4.21% 20apr2028, USD (I)
1.15%
Bank of America Corporation, 4.376% 27apr2028, USD (N)
1.11%
Goldman Sachs, 6.484% 24oct2029, USD
1.11%
US48128BAV36
1.03%
US00287YEN58
1.01%
Lincoln Financial Global Funding, 4.95% 21may2031, USD (2026-2)
1.01%
Morgan Stanley, 5.164% 20apr2029, USD (I)
0.96%
XHY
1261229 B.C., 10% 15apr2032, USD
0.51%
Meridian Arc HoldCo, 6.25% 30apr2031, USD
0.48%
EchoStar, 10.75% 30nov2029, USD
0.43%
PR RNO Property Owner 1, 6.5% 1may2031, USD
0.36%
Cloud Software Group, 9% 30sep2029, USD
0.36%
Quikrete Holdings, 6.375% 1mar2032, USD
0.34%
Cloud Software Group, 6.5% 31mar2029, USD
0.33%
Nexstar Media, 6.5% 15sep2033, USD
0.33%
Centene, 4.625% 15dec2029, USD
0.32%
Asurion LLC, 8% 31dec2032, USD
0.30%
Diversification
RUSB
Total weight of top 10 holdings out of 173 total
13.36%
XHY
Total weight of top 10 holdings out of 1,310 total
3.77%
Characteristics
Compare
RUSB
XHY
| Provider | RBC Global Asset Management | iShares |
| Management | Actively managed | Passively managed |
| Benchmark | - | Markit iBoxx USD Liquid High Yield Index - CAD Hedged |
| Replication Method | - | Direct (Physical) |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 4.34% | 6.41% |
| Meets ESG criteria | No | No |
| Inception Date | October 19, 2017 | January 21, 2010 |
Frequently asked questions about RUSB and XHY
Which ETF has performed better year to date: RUSB or XHY?
As of October 20, 2026, RUSB has returned 2.62% year to date, while XHY has returned -1.87%. RUSB is ahead on YTD performance.
Which ETF is larger by assets under management: RUSB or XHY?
As of October 20, 2026, RUSB manages $5.88 M in assets, while XHY manages $1.22 B. XHY is the larger fund by AUM.
How are RUSB and XHY managed?
RUSB is actively managed by RBC Global Asset Management. It does not track an index. XHY is passively managed by iShares. It tracks the Markit iBoxx USD Liquid High Yield Index - CAD Hedged benchmark.
What sectors do RUSB and XHY emphasize?
RUSB is most exposed to Finance, Utilities, and Technology. XHY is most exposed to Finance, Consumer Services, and Industrials.
Which ETF is attracting more investor flows: RUSB or XHY?
Year to date, RUSB has seen +$1.08 M in net flows, compared with +$333.45 M for XHY. XHY has attracted more net investor money so far.
How do the fees of RUSB and XHY compare?
RUSB has an expense ratio of 0.40%, while XHY has an expense ratio of 0.56%.
What are the top holdings of RUSB and XHY?
RUSB's largest holdings include USA, Notes 4.125% 31oct2029, USD (AF-2029) and USA, Notes 3.875% 30apr2030, USD (Y-2030). XHY's top holdings include 1261229 B.C., 10% 15apr2032, USD and Meridian Arc HoldCo, 6.25% 30apr2031, USD.
Which ETF is more diversified: RUSB or XHY?
RUSB holds 169 securities, while XHY holds 1292. On holdings count, XHY is the more diversified portfolio.
Recent articles about RUSB and XHY
Benefiting from active management in Fixed Income
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Posted on 4/25/2024 by Kyle Anthony inFixed Income
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