VS
TD Target 2027 U.S. Investment Grade Bond ETF (TBUG.U) and RBC U.S. Discount Bond ETF (RUDB.U) offer distinct profiles for Canadian ETF investors. A direct comparison shows that TBUG.U focuses its top 3 sector exposures on Finance, Consumer Non-Cyclicals, and Energy, while RUDB.U leans towards Sovereign, Finance, and Telecommunications. When evaluating costs, TBUG.U features a management fee (MER) of 0.2%, compared to 0.25% for RUDB.U. Performance-wise, TBUG.U has returned 2.68% year-to-date with -$21 M in net flows, whereas RUDB.U is at 0.48% with +$11 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
TBUG.U
RUDB.U
| AuM | $43.89 M | $75.59 M |
| Management Fees | 0.20% | 0.25% |
| Exp. ratio | 0.22% | 0.28% |
| Tracking Difference | - | - |
Historical performance and flows
As of October 30, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | TBUG.U | +0.49% | +0.79% | +2.68% | +3.59% | - |
RUDB.U | +1.18% | +0.24% | +0.48% | +1.23% | +13.54% | |
| Flows | TBUG.U | +$0 M | +$4 M | -$21 M | -$22 M | +$0 M |
RUDB.U | +$1 M | +$6 M | +$11 M | +$10 M | +$61 M |
TBUG.U vs RUDB.U exposure
Countries
TBUG.U
USA
99.57%
RUDB.U
USA
98.35%
Sectors
TBUG.U
Finance
59.76%
Consumer Non-Cyclicals
13.31%
Energy
8.50%
Consumer Cyclicals
8.40%
Other
10.03%
RUDB.U
Sovereign
84.97%
Finance
7.96%
Other
7.07%
As of October 30, 2026
Top 10 Holdings
TBUG.U
Bank of America Corporation, 4.183% 25nov2027, USD (L)
8.60%
Wells Fargo, 2.393% 2jun2028, USD (U)
8.59%
Energy Transfer, 4% 1oct2027, USD
8.50%
Citigroup, 4.45% 29sep2027, USD (G)
8.43%
General Motors, 6.8% 1oct2027, USD
8.40%
CVS Health, 1.3% 21aug2027, USD
7.53%
American Tower, 3.55% 15jul2027, USD
7.37%
Capital One Financial, 3.65% 11may2027, USD
6.07%
Truist Financial, 1.125% 3aug2027, USD (G)
5.95%
McCormick & Co, 3.4% 15aug2027, USD
5.78%
RUDB.U
USA, Notes 0.5% 31oct2027, USD (R-2027)
8.77%
USA, Notes 0.625% 15may2030, USD (C-2030)
8.09%
USA, Notes 0.625% 15aug2030, USD (E-2030)
8.01%
USA, Notes 1.25% 30apr2028, USD (K-2028)
7.99%
USA, Notes 0.375% 31jul2027, USD (N-2027)
7.96%
USA, Notes 1.125% 15feb2031, USD (B-2031)
7.28%
USA, Notes 1.625% 15aug2029, USD (E-2029)
6.51%
USA, Notes 0.75% 31jan2028, USD (G-2028)
6.30%
USA, Notes 1.125% 31aug2028, USD (P-2028)
5.92%
USA, Notes 0.875% 15nov2030, USD (F-2030)
5.50%
Diversification
TBUG.U
Total weight of top 10 holdings out of 17 total
75.23%
RUDB.U
Total weight of top 10 holdings out of 53 total
72.34%
Characteristics
Compare
TBUG.U
RUDB.U
| Provider | TD Asset Management | RBC Global Asset Management |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | - | - |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.84% | 1.38% |
| Meets ESG criteria | No | No |
| Inception Date | April 9, 2024 | May 18, 2023 |
Frequently asked questions about TBUG.U and RUDB.U
Which ETF has performed better year to date: TBUG.U or RUDB.U?
As of October 30, 2026, TBUG.U has returned 2.68% year to date, while RUDB.U has returned 0.48%. TBUG.U is ahead on YTD performance.
Which ETF is larger by assets under management: TBUG.U or RUDB.U?
As of October 30, 2026, TBUG.U manages $43.89 M in assets, while RUDB.U manages $75.59 M. RUDB.U is the larger fund by AUM.
How are TBUG.U and RUDB.U managed?
TBUG.U is actively managed by TD Asset Management. It does not track an index. RUDB.U is actively managed by RBC Global Asset Management. It does not track an index.
What sectors do TBUG.U and RUDB.U emphasize?
TBUG.U is most exposed to Finance, Consumer Non-Cyclicals, and Energy. RUDB.U is most exposed to Sovereign, Finance, and Telecommunications.
Which ETF is attracting more investor flows: TBUG.U or RUDB.U?
Year to date, TBUG.U has seen -$21.02 M in net flows, compared with +$10.94 M for RUDB.U. RUDB.U has attracted more net investor money so far.
How do the fees of TBUG.U and RUDB.U compare?
TBUG.U has an expense ratio of 0.22%, while RUDB.U has an expense ratio of 0.28%.
What are the top holdings of TBUG.U and RUDB.U?
TBUG.U's largest holdings include Bank of America Corporation, 4.183% 25nov2027, USD (L), Wells Fargo, 2.393% 2jun2028, USD (U), and Energy Transfer, 4% 1oct2027, USD. RUDB.U's top 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).
Which ETF is more diversified: TBUG.U or RUDB.U?
TBUG.U holds 17 securities, while RUDB.U holds 53. On holdings count, RUDB.U is the more diversified portfolio.
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.