VS
RBC Short Term U.S. Corporate Bond ETF (RUSB) and BMO Short-Term US IG Corporate Bond Hedged to CAD Index ETF (ZSU) 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 ZSU leans towards Finance, Technology, and Healthcare. When evaluating costs, RUSB features a management fee (MER) of 0.35%, compared to 0.25% for ZSU. Performance-wise, RUSB has returned 2.62% year-to-date with +$1 M in net flows, whereas ZSU is at 1.11% with +$80 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
ZSU
| AuM | $5.88 M | $308.96 M |
| Management Fees | 0.35% | 0.25% |
| Exp. ratio | 0.40% | 0.28% |
| Tracking Difference | - | -0.29% |
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% |
ZSU | -0.27% | -0.99% | -1.11% | -0.89% | +11.86% | |
| Flows | RUSB | +$0 M | +$0 M | +$1 M | +$1 M | +$4 M |
ZSU | +$1 M | -$0 M | +$80 M | +$85 M | +$182 M |
RUSB vs ZSU exposure
Countries
RUSB
USA
80.32%
Other
19.68%
ZSU
USA
79.66%
Other
20.34%
Sectors
RUSB
Finance
48.48%
Utilities
7.11%
Other
44.41%
ZSU
Finance
41.15%
Technology
15.27%
Healthcare
9.58%
Other
33.99%
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%
ZSU
Space Exploration Technologies, 5.35% 15jul2031, USD
0.96%
Amazon.com, 4.25% 13mar2031, USD
0.65%
Wells Fargo, 5.574% 25jul2029, USD (W)
0.59%
Salesforce, 4.65% 15mar2029, USD
0.58%
Amazon.com, 4.8% 9jul2031, USD
0.57%
Pfizer, 4.45% 19may2028, USD
0.56%
NVIDIA, 4.5% 15jun2031, USD
0.55%
Meta Platforms, 4.2% 15nov2030, USD
0.54%
Amgen, 5.15% 2mar2028, USD
0.52%
Wells Fargo, 5.15% 23apr2031, USD (W)
0.51%
Diversification
RUSB
Total weight of top 10 holdings out of 173 total
13.36%
ZSU
Total weight of top 10 holdings out of 557 total
6.02%
Characteristics
Compare
RUSB
ZSU
| Provider | RBC Global Asset Management | BMO |
| Management | Actively managed | Passively managed |
| Benchmark | - | Bloomberg U.S. Investment Grade 1-5 Year Corporate Bond Capped Hedged to CAD Total Return Index - CAD |
| Replication Method | - | Direct (Physical) |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 4.34% | 4.51% |
| Meets ESG criteria | No | No |
| Inception Date | October 19, 2017 | February 10, 2014 |
Frequently asked questions about RUSB and ZSU
Which ETF has performed better year to date: RUSB or ZSU?
As of October 20, 2026, RUSB has returned 2.62% year to date, while ZSU has returned -1.11%. RUSB is ahead on YTD performance.
Which ETF is larger by assets under management: RUSB or ZSU?
As of October 20, 2026, RUSB manages $5.88 M in assets, while ZSU manages $308.96 M. ZSU is the larger fund by AUM.
How are RUSB and ZSU managed?
RUSB is actively managed by RBC Global Asset Management. It does not track an index. ZSU is passively managed by BMO. It tracks the Bloomberg U.S. Investment Grade 1-5 Year Corporate Bond Capped Hedged to CAD Total Return Index - CAD benchmark.
What sectors do RUSB and ZSU emphasize?
RUSB is most exposed to Finance, Utilities, and Technology. ZSU is most exposed to Finance, Technology, and Healthcare.
Which ETF is attracting more investor flows: RUSB or ZSU?
Year to date, RUSB has seen +$1.08 M in net flows, compared with +$79.72 M for ZSU. ZSU has attracted more net investor money so far.
How do the fees of RUSB and ZSU compare?
RUSB has an expense ratio of 0.40%, while ZSU has an expense ratio of 0.28%.
What are the top holdings of RUSB and ZSU?
RUSB's largest holdings include USA, Notes 4.125% 31oct2029, USD (AF-2029) and USA, Notes 3.875% 30apr2030, USD (Y-2030). ZSU's top holdings include Space Exploration Technologies, 5.35% 15jul2031, USD, Amazon.com, 4.25% 13mar2031, USD, and Wells Fargo, 5.574% 25jul2029, USD (W).
Which ETF is more diversified: RUSB or ZSU?
RUSB holds 169 securities, while ZSU holds 557. On holdings count, ZSU is the more diversified portfolio.
Recent articles about RUSB and ZSU
Benefiting from active management in Fixed Income
Passive index investment strategies are designed to mirror the composition and performance of a benchmark index. In contrast, active strategies can differ from the index in the pursuit of better returns.
Posted on 4/25/2024 by Kyle Anthony inFixed Income
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