VS
Compare TD Canadian Aggregate Bond Index ETF (TDB) vs Vanguard Canadian Aggregate Bond Index ETF (VAB) to find the best fit for your portfolio. TDB and VAB provide the same top sector exposures: Sovereign, Municipal, and Finance. When evaluating costs, TDB features a management fee (MER) of 0.08%, compared to 0.08% for VAB. Performance-wise, TDB has returned 0.23% year-to-date with +$2 B in net flows, whereas VAB is at 0.25% with +$1 B. 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
VAB
| AuM | $4,326.69 M | $7,726.17 M |
| Management Fees | 0.08% | 0.08% |
| Exp. ratio | 0.08% | 0.09% |
| Tracking Difference | -0.08% | -0.39% |
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% |
VAB | +1.04% | -0.97% | +0.25% | -0.74% | +17.16% | |
| Flows | TDB | +$89 M | +$317 M | +$1,563 M | +$1,940 M | +$3,322 M |
VAB | +$154 M | +$364 M | +$1,357 M | +$1,823 M | +$3,401 M |
TDB vs VAB exposure
Countries
TDB
Canada
96.85%
VAB
Canada
95.36%
Sectors
TDB
Sovereign
35.48%
Municipal
27.50%
Finance
11.57%
Government Agencies
10.23%
Other
15.22%
VAB
Sovereign
33.64%
Municipal
30.37%
Finance
12.89%
Government Agencies
7.37%
Other
15.74%
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%
VAB
Canada, Bonds 2.75% 1mar2031, CAD
1.83%
Canada, Bonds 2.75% 1sep2030, CAD
1.57%
Canada, Bonds 3.25% 1dec2035, CAD
1.52%
Canada, Bonds 3.25% 1jun2036, CAD
1.44%
Canada, Bonds 3.25% 1jun2035, CAD
1.41%
Canada, Bonds 3% 1sep2031, CAD
1.29%
Canada, Bonds 2.75% 1mar2030, CAD
1.23%
Canada, Bonds 3.5% 1sep2029, CAD
1.14%
Canada, Bonds 2.25% 1feb2028, CAD
1.13%
Canada, Bonds 3% 1jun2034, CAD
1.13%
Diversification
TDB
Total weight of top 10 holdings out of 1,598 total
13.30%
VAB
Total weight of top 10 holdings out of 1,316 total
13.70%
Characteristics
Compare
TDB
VAB
| Provider | TD Asset Management | Vanguard |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive Broad Canadian Bond Universe GTR Index - CAD | Bloomberg Global Aggregate Canadian Float Adjusted Bond 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% | 3.44% |
| Meets ESG criteria | No | No |
| Inception Date | March 22, 2016 | November 30, 2011 |
Frequently asked questions about TDB and VAB
Which ETF has performed better year to date: TDB or VAB?
As of October 15, 2026, TDB has returned 0.23% year to date, while VAB has returned 0.25%. VAB is ahead on YTD performance.
Which ETF is larger by assets under management: TDB or VAB?
As of October 15, 2026, TDB manages $4.33 B in assets, while VAB manages $7.73 B. VAB is the larger fund by AUM.
How are TDB and VAB managed?
TDB is passively managed by TD Asset Management. It tracks the Solactive Broad Canadian Bond Universe GTR Index - CAD benchmark. VAB is passively managed by Vanguard. It tracks the Bloomberg Global Aggregate Canadian Float Adjusted Bond Total Return Index - CAD benchmark.
What sectors do TDB and VAB emphasize?
TDB is most exposed to Sovereign, Municipal, and Finance. VAB is most exposed to Sovereign, Municipal, and Finance.
Which ETF is attracting more investor flows: TDB or VAB?
Year to date, TDB has seen +$1,563.44 M in net flows, compared with +$1,357.47 M for VAB. TDB has attracted more net investor money so far.
How do the fees of TDB and VAB compare?
TDB has an expense ratio of 0.08%, while VAB has an expense ratio of 0.09%.
What are the top holdings of TDB and VAB?
TDB's largest holdings include Canada, Bonds 3.25% 1dec2035, CAD, Canada, Bonds 2.75% 1sep2030, CAD, and Canada, Bond 1.5 1jun2031 10Y. VAB's top holdings include Canada, Bonds 2.75% 1mar2031, CAD, Canada, Bonds 2.75% 1sep2030, CAD, and Canada, Bonds 3.25% 1dec2035, CAD.
Which ETF is more diversified: TDB or VAB?
TDB holds 1577 securities, while VAB holds 1301. On holdings count, TDB is the more diversified portfolio.
Recent articles about TDB and VAB
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