VS
Compare TD Canadian Aggregate Bond Index ETF (TDB) vs Desjardins Canadian Universe Bond Index ETF (DCU) to find the best fit for your portfolio. TDB and DCU provide the same top sector exposures: Sovereign, Municipal, and Finance. When evaluating costs, TDB features a management fee (MER) of 0.08%, compared to 0.07% for DCU. Performance-wise, TDB has returned 0.23% year-to-date with +$2 B in net flows, whereas DCU is at 0.32% with +$961 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
TDB
DCU
| AuM | $4,326.69 M | $2,545.91 M |
| Management Fees | 0.08% | 0.07% |
| Exp. ratio | 0.08% | 0.08% |
| Tracking Difference | -0.08% | -0.03% |
Historical performance and flows
As of October 15, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | TDB | +1.13% | -0.99% | +0.23% | -0.51% | +15.22% |
DCU | +1.03% | -0.93% | +0.32% | -0.69% | +15.17% | |
| Flows | TDB | +$89 M | +$317 M | +$1,563 M | +$1,940 M | +$3,322 M |
DCU | +$71 M | +$270 M | +$961 M | +$1,174 M | +$2,370 M |
TDB vs DCU exposure
Countries
TDB
Canada
96.85%
DCU
Canada
96.84%
Sectors
TDB
Sovereign
35.48%
Municipal
27.50%
Finance
11.57%
Government Agencies
10.23%
Other
15.22%
DCU
Sovereign
35.90%
Municipal
27.52%
Finance
12.25%
Government Agencies
9.81%
Other
14.53%
As of October 15, 2026
Top 10 Holdings
TDB
Canada, Bonds 3.25% 1dec2035, CAD
1.57%
Canada, Bonds 2.75% 1sep2030, CAD
1.49%
Canada, Bond 1.5 1jun2031 10Y
1.44%
Canada, Bonds 1.5% 1dec2031 10Y
1.34%
Canada, Bonds 2.75% 1mar2031, CAD
1.33%
Canada, Bonds 3.25% 1jun2036, CAD
1.29%
Canada, Bond 1.25 1jun2030 10Y
1.28%
Canada, Bonds 3.25% 1jun2035, CAD
1.19%
Canada, Bonds 2.75% 1sep2027, CAD
1.19%
Canada, Bond 0.5 1oct2030 10Y
1.19%
DCU
Canada, Bonds 2.75% 1sep2030, CAD
1.42%
Canada, Bond 1.25 1jun2030 10Y
1.38%
Canada, Bonds 2.75% 1mar2031, CAD
1.37%
Canada, Bonds 3.25% 1jun2036, CAD
1.36%
Canada, Bonds 3.25% 1dec2035, CAD
1.35%
Canada, Bond 1.5 1jun2031 10Y
1.30%
Canada, Bonds 3.25% 1jun2035, CAD
1.27%
Canada, Bond 0.5 1oct2030 10Y
1.21%
Canada, Bonds 3% 1sep2031, CAD
1.17%
Canada, Bond 2 1jan2051 30Y
1.17%
Diversification
TDB
Total weight of top 10 holdings out of 1,598 total
13.30%
DCU
Total weight of top 10 holdings out of 1,730 total
13.01%
Characteristics
Compare
TDB
DCU
| Provider | TD Asset Management | Desjardins Investments |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive Broad Canadian Bond Universe GTR Index - CAD | Solactive Canadian Bond Universe Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.44% | 3.37% |
| Meets ESG criteria | No | No |
| Inception Date | March 22, 2016 | March 21, 2017 |
Frequently asked questions about TDB and DCU
Which ETF has performed better year to date: TDB or DCU?
As of October 15, 2026, TDB has returned 0.23% year to date, while DCU has returned 0.32%. DCU is ahead on YTD performance.
Which ETF is larger by assets under management: TDB or DCU?
As of October 15, 2026, TDB manages $4.33 B in assets, while DCU manages $2.55 B. TDB is the larger fund by AUM.
How are TDB and DCU managed?
TDB is passively managed by TD Asset Management. It tracks the Solactive Broad Canadian Bond Universe GTR Index - CAD benchmark. DCU is passively managed by Desjardins Investments. It tracks the Solactive Canadian Bond Universe Total Return Index - CAD benchmark.
What sectors do TDB and DCU emphasize?
TDB is most exposed to Sovereign, Municipal, and Finance. DCU is most exposed to Sovereign, Municipal, and Finance.
Which ETF is attracting more investor flows: TDB or DCU?
Year to date, TDB has seen +$1,563.44 M in net flows, compared with +$960.80 M for DCU. TDB has attracted more net investor money so far.
How do the fees of TDB and DCU compare?
TDB has an expense ratio of 0.08%, while DCU has an expense ratio of 0.08%.
What are the top holdings of TDB and DCU?
TDB's largest holdings include Canada, Bonds 3.25% 1dec2035, CAD, Canada, Bonds 2.75% 1sep2030, CAD, and Canada, Bond 1.5 1jun2031 10Y. DCU's top holdings include Canada, Bonds 2.75% 1sep2030, CAD, Canada, Bond 1.25 1jun2030 10Y, and Canada, Bonds 2.75% 1mar2031, CAD.
Which ETF is more diversified: TDB or DCU?
TDB holds 1577 securities, while DCU holds 1712. On holdings count, DCU 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.