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Compare TD Canadian Aggregate Bond Index ETF (TDB) vs iShares Canadian Short Term Bond Index ETF (XSB) to find the best fit for your portfolio. TDB provides Sovereign, Municipal, and Finance exposures, while XSB is primarily weighted in Sovereign, Finance, and Municipal. When evaluating costs, TDB features a management fee (MER) of 0.08%, compared to 0.09% for XSB. Performance-wise, TDB has returned 0.23% year-to-date with +$2 B in net flows, whereas XSB is at 1.08% 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
XSB
| AuM | $4,326.69 M | $4,591.45 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% |
XSB | +0.65% | -0.10% | +1.08% | +1.02% | +15.33% | |
| Flows | TDB | +$89 M | +$317 M | +$1,563 M | +$1,940 M | +$3,322 M |
XSB | +$19 M | +$307 M | +$1,073 M | +$1,366 M | +$2,284 M |
TDB vs XSB exposure
Countries
TDB
Canada
96.85%
XSB
Canada
96.30%
Sectors
TDB
Sovereign
35.48%
Municipal
27.50%
Finance
11.57%
Government Agencies
10.23%
Other
15.22%
XSB
Sovereign
37.37%
Finance
24.58%
Municipal
15.20%
Government Agencies
10.03%
Other
12.82%
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%
XSB
Canada, Bonds 2.75% 1sep2030, CAD
3.54%
Canada, Bonds 2.75% 1mar2031, CAD
3.52%
Canada, Bonds 2.75% 1mar2030, CAD
2.81%
Canada, Bonds 3.5% 1sep2029, CAD
2.64%
Canada, Bonds 2.25% 1feb2028, CAD
2.55%
Canada, Bond 1.5 1jun2031 10Y
2.54%
Canada, Bonds 2.5% 1may2028, CAD
2.47%
Canada, Bonds 2.5% 1nov2027, CAD
2.47%
Canada, Bonds 2.75% 1aug2028, CAD
2.39%
Canada, Bonds 4% 1mar2029, CAD
2.37%
Diversification
TDB
Total weight of top 10 holdings out of 1,598 total
13.30%
XSB
Total weight of top 10 holdings out of 770 total
27.28%
Characteristics
Compare
TDB
XSB
| Provider | TD Asset Management | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive Broad Canadian Bond Universe GTR Index - CAD | FTSE Canada Short Term Overall 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% | 3.11% |
| Meets ESG criteria | No | No |
| Inception Date | March 22, 2016 | November 20, 2000 |
Frequently asked questions about TDB and XSB
Which ETF has performed better year to date: TDB or XSB?
As of October 15, 2026, TDB has returned 0.23% year to date, while XSB has returned 1.08%. XSB is ahead on YTD performance.
Which ETF is larger by assets under management: TDB or XSB?
As of October 15, 2026, TDB manages $4.33 B in assets, while XSB manages $4.59 B. XSB is the larger fund by AUM.
How are TDB and XSB managed?
TDB is passively managed by TD Asset Management. It tracks the Solactive Broad Canadian Bond Universe GTR Index - CAD benchmark. XSB is passively managed by iShares. It tracks the FTSE Canada Short Term Overall Bond TR Index - CAD benchmark.
What sectors do TDB and XSB emphasize?
TDB is most exposed to Sovereign, Municipal, and Finance. XSB is most exposed to Sovereign, Finance, and Municipal.
Which ETF is attracting more investor flows: TDB or XSB?
Year to date, TDB has seen +$1,563.44 M in net flows, compared with +$1,073.18 M for XSB. TDB has attracted more net investor money so far.
How do the fees of TDB and XSB compare?
TDB has an expense ratio of 0.08%, while XSB has an expense ratio of 0.10%.
What are the top holdings of TDB and XSB?
TDB's largest holdings include Canada, Bonds 3.25% 1dec2035, CAD, Canada, Bonds 2.75% 1sep2030, CAD, and Canada, Bond 1.5 1jun2031 10Y. XSB's top holdings include Canada, Bonds 2.75% 1sep2030, CAD, Canada, Bonds 2.75% 1mar2031, CAD, and Canada, Bonds 2.75% 1mar2030, CAD.
Which ETF is more diversified: TDB or XSB?
TDB holds 1577 securities, while XSB holds 759. On holdings count, TDB is the more diversified portfolio.
Recent articles about TDB and XSB
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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.