VS
TD U.S. Long Term Treasury Bond ETF (TULB) and Evolve Enhanced Yield Bond Fund ETF (BOND) offer distinct profiles for Canadian ETF investors. A direct comparison shows that TULB focuses its top 3 sector exposures on Sovereign, while BOND leans towards Sovereign and Non-Corporate. When evaluating costs, TULB features a management fee (MER) of 0.23%, compared to 0.75% for BOND. Performance-wise, TULB has returned 2.78% year-to-date with +$162 M in net flows, whereas BOND is at 3.66% with -$7 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
TULB
BOND
| AuM | $278.66 M | $113.70 M |
| Management Fees | 0.23% | 0.75% |
| Exp. ratio | 0.23% | 0.74% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 16, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | TULB | +0.70% | -5.02% | -2.78% | -4.30% | +4.05% |
BOND | -0.18% | -4.54% | -3.66% | -5.54% | - | |
| Flows | TULB | +$18 M | +$58 M | +$162 M | +$190 M | +$170 M |
BOND | -$16 M | -$15 M | -$7 M | -$59 M | - |
TULB vs BOND exposure
Countries
TULB
USA
99.89%
BOND
USA
98.54%
Sectors
TULB
Sovereign
99.89%
BOND
Sovereign
98.54%
As of September 16, 2026
Top 10 Holdings
TULB
USA, Bonds 4.625% 15nov2055, USD
12.77%
USA, Bonds 4.75% 15feb2056, USD
12.38%
USA, Bonds 1.875% 15nov2051, USD
9.03%
USA, Bonds 4.75% 15may2055, USD
9.01%
USA, Bonds 2.25% 15aug2049, USD
8.83%
USA, Bonds 4% 15nov2052, USD
7.86%
USA, Bonds 4.75% 15nov2053, USD
7.34%
USA, Bonds 4.25% 15feb2054, USD
6.75%
USA, Bonds 5% 15may2056, USD
6.20%
USA, Bonds 4.5% 15nov2054, USD
5.34%
BOND
USA, Bonds 4.75% 15may2055, USD
3.53%
USA, Bonds 4.75% 15nov2053, USD
3.52%
USA, Bonds 4.125% 15aug2053, USD
3.48%
USA, Bonds 4.625% 15may2054, USD
3.45%
USA, Bonds 4.25% 15feb2054, USD
3.24%
USA, Bonds 4.75% 15feb2056, USD
3.23%
USA, Bonds 4.25% 15aug2054, USD
3.17%
USA, Bonds 4.625% 15feb2055, USD
3.15%
USA, Bonds 4.5% 15nov2054, USD
3.04%
USA, Bonds 3.625% 15may2053, USD
2.89%
Diversification
TULB
Total weight of top 10 holdings out of 18 total
85.51%
BOND
Total weight of top 10 holdings out of 100 total
32.70%
Characteristics
Compare
TULB
BOND
| Provider | TD Asset Management | Evolve ETFs |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | ||
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 4.78% | 13.83% |
| Meets ESG criteria | No | No |
| Inception Date | November 26, 2019 | October 4, 2023 |
Frequently asked questions about TULB and BOND
Which ETF has performed better year to date: TULB or BOND?
As of September 16, 2026, TULB has returned -2.78% year to date, while BOND has returned -3.66%. TULB is ahead on YTD performance.
Which ETF is larger by assets under management: TULB or BOND?
As of September 16, 2026, TULB manages $278.66 M in assets, while BOND manages $113.70 M. TULB is the larger fund by AUM.
How are TULB and BOND managed?
TULB is actively managed by TD Asset Management. It does not track an index. BOND is actively managed by Evolve ETFs. It does not track an index.
What sectors do TULB and BOND emphasize?
TULB is most exposed to Sovereign. BOND is most exposed to Sovereign and Non-Corporate.
Which ETF is attracting more investor flows: TULB or BOND?
Year to date, TULB has seen +$161.53 M in net flows, compared with -$7.25 M for BOND. TULB has attracted more net investor money so far.
How do the fees of TULB and BOND compare?
TULB has an expense ratio of 0.23%, while BOND has an expense ratio of 0.74%.
What are the top holdings of TULB and BOND?
TULB's largest holdings include USA, Bonds 4.625% 15nov2055, USD, USA, Bonds 4.75% 15feb2056, USD, and USA, Bonds 1.875% 15nov2051, USD. BOND's top holdings include USA, Bonds 4.75% 15may2055, USD, USA, Bonds 4.75% 15nov2053, USD, and USA, Bonds 4.125% 15aug2053, USD.
Which ETF is more diversified: TULB or BOND?
TULB holds 18 securities, while BOND holds 100. On holdings count, BOND is the more diversified portfolio.
Recent articles about TULB and BOND
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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.