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Compare Vanguard Global Aggregate Bond Index ETF (VGAB) vs CIBC Global Bond ex-Canada Index ETF (CGBI) to find the best fit for your portfolio. VGAB and CGBI provide the same top sector exposures: Sovereign, Finance, and Industrials. When evaluating costs, VGAB features a management fee (MER) of 0.34%, compared to 0.19% for CGBI. Performance-wise, VGAB has returned 1.61% year-to-date with +$159 M in net flows, whereas CGBI is at 1.06% with +$175 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
VGAB
CGBI
| AuM | $670.49 M | $786.05 M |
| Management Fees | 0.34% | 0.19% |
| Exp. ratio | 0.31% | 0.22% |
| Tracking Difference | - | 0.01% |
Historical performance and flows
As of September 8, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | VGAB | -0.50% | -0.91% | -1.61% | -1.90% | +7.70% |
CGBI | -0.47% | -0.65% | -1.06% | -0.92% | +7.91% | |
| Flows | VGAB | +$34 M | +$81 M | +$159 M | +$484 M | +$574 M |
CGBI | +$33 M | +$59 M | +$175 M | +$247 M | +$490 M |
VGAB vs CGBI exposure
Countries
VGAB
USA
40.80%
Other
10.48%
Other
48.72%
CGBI
USA
35.42%
China
11.76%
Other
9.46%
Japan
8.58%
Other
34.78%
Sectors
VGAB
Sovereign
56.07%
Finance
14.91%
Other
10.48%
Other
18.54%
CGBI
Sovereign
57.76%
Finance
13.10%
Other
9.46%
Industrials
7.71%
Other
11.97%
As of September 8, 2026
Top 10 Holdings
VGAB
DE000F3A9EV9
0.42%
USA, Notes 3.5% 31jan2028, USD (U-2028)
0.24%
USA, Notes 4.25% 15nov2034, USD (F-2034)
0.21%
USA, Notes 3.375% 30nov2027, USD (BL-2027)
0.21%
USA, Notes 4.375% 15may2034, USD (C-2034)
0.21%
USA, Notes 4.625% 15feb2035, USD (B-2035)
0.21%
USA, Notes 3.875% 15aug2034, USD (E-2034)
0.20%
USA, Notes 4.125% 15feb2036, USD (B-2036)
0.20%
USA, Notes 4% 15feb2034, USD (B-2034)
0.20%
United Kingdom, Gilt 4.125% 7mar2031, GBP
0.20%
CGBI
USA, Notes 0.875% 15nov2030, USD (F-2030)
2.93%
USA, Notes 4.25% 15may2035, USD (C-2035)
2.70%
USA, Notes 4.25% 28feb2029, USD (V-2029)
2.63%
USA, Notes 2.875% 15may2028, USD (C-2028)
2.37%
Japan, JGB 0.1% 20dec2028, JPY
1.67%
USA, Bonds 4.75% 15aug2055, USD
1.65%
China, Bonds 2.8% 24mar2029, CNY
1.61%
USA, Notes 2.75% 15aug2032, USD (E-2032)
1.56%
China Development Bank, 3.09% 9aug2028, CNY
1.52%
Japan, JGB 0.4% 20sep2040, JPY
1.50%
Diversification
VGAB
Total weight of top 10 holdings out of 22,200 total
2.30%
CGBI
Total weight of top 10 holdings out of 342 total
20.14%
Characteristics
Compare
VGAB
CGBI
| Provider | Vanguard | CIBC |
| Management | Passively managed | Passively managed |
| Benchmark | Bloomberg Global Aggregate Float Adjusted Composite GTR Index - CAD | Morningstar Global ex-Canada Core Bond Hedged CAD Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.72% | 2.86% |
| Meets ESG criteria | No | No |
| Inception Date | January 23, 2020 | September 16, 2021 |
Frequently asked questions about VGAB and CGBI
Which ETF has performed better year to date: VGAB or CGBI?
As of September 8, 2026, VGAB has returned -1.61% year to date, while CGBI has returned -1.06%. CGBI is ahead on YTD performance.
Which ETF is larger by assets under management: VGAB or CGBI?
As of September 8, 2026, VGAB manages $670.49 M in assets, while CGBI manages $786.05 M. CGBI is the larger fund by AUM.
How are VGAB and CGBI managed?
VGAB is passively managed by Vanguard. It tracks the Bloomberg Global Aggregate Float Adjusted Composite GTR Index - CAD benchmark. CGBI is passively managed by CIBC. It tracks the Morningstar Global ex-Canada Core Bond Hedged CAD Index - CAD benchmark.
What sectors do VGAB and CGBI emphasize?
VGAB is most exposed to Sovereign, Finance, and Industrials. CGBI is most exposed to Sovereign, Finance, and Industrials.
Which ETF is attracting more investor flows: VGAB or CGBI?
Year to date, VGAB has seen +$159.09 M in net flows, compared with +$174.94 M for CGBI. CGBI has attracted more net investor money so far.
How do the fees of VGAB and CGBI compare?
VGAB has an expense ratio of 0.31%, while CGBI has an expense ratio of 0.22%.
What are the top holdings of VGAB and CGBI?
VGAB's largest holdings include USA, Notes 3.5% 31jan2028, USD (U-2028) and USA, Notes 4.25% 15nov2034, USD (F-2034). CGBI's top holdings include USA, Notes 0.875% 15nov2030, USD (F-2030) and USA, Notes 4.25% 15may2035, USD (C-2035).
Which ETF is more diversified: VGAB or CGBI?
VGAB holds 16313 securities, while CGBI holds 325. On holdings count, VGAB is the more diversified portfolio.
Recent articles about VGAB and CGBI
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