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Compare TD Canadian Aggregate Bond Index ETF (TDB) vs iShares Canadian Universe Bond Index ETF (XBB) to find the best fit for your portfolio. TDB and XBB provide the same top sector exposures: Sovereign, Municipal, and Finance. When evaluating costs, TDB features a management fee (MER) of 0.08%, compared to 0.09% for XBB. Performance-wise, TDB has returned 0.23% year-to-date with +$2 B in net flows, whereas XBB is at 0.32% with +$2 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
XBB
| AuM | $4,326.69 M | $10,976.28 M |
| Management Fees | 0.08% | 0.09% |
| Exp. ratio | 0.08% | 0.10% |
| Tracking Difference | -0.08% | - |
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% |
XBB | +1.05% | -0.94% | +0.32% | -0.63% | +15.67% | |
| Flows | TDB | +$89 M | +$317 M | +$1,563 M | +$1,940 M | +$3,322 M |
XBB | +$221 M | +$1,058 M | +$2,104 M | +$2,678 M | +$5,173 M |
TDB vs XBB exposure
Countries
TDB
Canada
96.85%
XBB
Canada
96.80%
Sectors
TDB
Sovereign
35.48%
Municipal
27.50%
Finance
11.57%
Government Agencies
10.23%
Other
15.22%
XBB
Sovereign
33.82%
Municipal
28.72%
Finance
14.06%
Government Agencies
7.21%
Other
16.19%
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%
XBB
Canada, Bonds 2.75% 1sep2030, CAD
1.54%
Canada, Bonds 2.75% 1mar2031, CAD
1.52%
Canada, Bonds 3.25% 1dec2035, CAD
1.50%
Canada, Bonds 3.25% 1jun2036, CAD
1.46%
Canada, Bonds 3.25% 1jun2035, CAD
1.40%
Canada, Bonds 3% 1sep2031, CAD
1.28%
Canada, Bonds 2.75% 1mar2030, CAD
1.21%
Canada, Bonds 3% 1jun2034, CAD
1.21%
Canada, Bonds 3.5% 1dec2057, CAD
1.16%
Canada, Bonds 3.5% 1sep2029, CAD
1.14%
Diversification
TDB
Total weight of top 10 holdings out of 1,598 total
13.30%
XBB
Total weight of top 10 holdings out of 1,904 total
13.40%
Characteristics
Compare
TDB
XBB
| Provider | TD Asset Management | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive Broad Canadian Bond Universe GTR Index - CAD | FTSE Canada Universe Bond TR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.44% | 3.51% |
| Meets ESG criteria | No | No |
| Inception Date | March 22, 2016 | November 20, 2000 |
Frequently asked questions about TDB and XBB
Which ETF has performed better year to date: TDB or XBB?
As of October 15, 2026, TDB has returned 0.23% year to date, while XBB has returned 0.32%. XBB is ahead on YTD performance.
Which ETF is larger by assets under management: TDB or XBB?
As of October 15, 2026, TDB manages $4.33 B in assets, while XBB manages $10.98 B. XBB is the larger fund by AUM.
How are TDB and XBB managed?
TDB is passively managed by TD Asset Management. It tracks the Solactive Broad Canadian Bond Universe GTR Index - CAD benchmark. XBB is passively managed by iShares. It tracks the FTSE Canada Universe Bond TR Index - CAD benchmark.
What sectors do TDB and XBB emphasize?
TDB is most exposed to Sovereign, Municipal, and Finance. XBB is most exposed to Sovereign, Municipal, and Finance.
Which ETF is attracting more investor flows: TDB or XBB?
Year to date, TDB has seen +$1,563.44 M in net flows, compared with +$2,104.30 M for XBB. XBB has attracted more net investor money so far.
How do the fees of TDB and XBB compare?
TDB has an expense ratio of 0.08%, while XBB has an expense ratio of 0.10%.
What are the top holdings of TDB and XBB?
TDB's largest holdings include Canada, Bonds 3.25% 1dec2035, CAD, Canada, Bonds 2.75% 1sep2030, CAD, and Canada, Bond 1.5 1jun2031 10Y. XBB's top holdings include Canada, Bonds 2.75% 1sep2030, CAD, Canada, Bonds 2.75% 1mar2031, CAD, and Canada, Bonds 3.25% 1dec2035, CAD.
Which ETF is more diversified: TDB or XBB?
TDB holds 1577 securities, while XBB holds 1878. On holdings count, XBB is the more diversified portfolio.
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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.