VS
Vanguard Canadian Short-Term Bond Index ETF (VSB) and Global X Active Corporate Bond ETF (HAB) offer distinct profiles for Canadian ETF investors. A direct comparison shows that VSB focuses its top 3 sector exposures on Sovereign, Finance, and Municipal, while HAB leans towards Finance, Energy, and Utilities. When evaluating costs, VSB features a management fee (MER) of 0.1%, compared to 0.59% for HAB. Performance-wise, VSB has returned 1.4% year-to-date with +$508 M in net flows, whereas HAB is at 1.39% with +$4 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
VSB
HAB
| AuM | $1,844.63 M | $282.39 M |
| Management Fees | 0.10% | 0.59% |
| Exp. ratio | 0.12% | 0.59% |
| Tracking Difference | -0.38% | - |
Historical performance and flows
As of November 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | VSB | +0.41% | +0.44% | +1.40% | +1.35% | +15.64% |
HAB | +0.88% | +0.76% | +1.39% | +1.05% | +17.80% | |
| Flows | VSB | -$134 M | +$234 M | +$508 M | +$458 M | +$758 M |
HAB | -$12 M | -$11 M | +$4 M | +$7 M | -$45 M |
VSB vs HAB exposure
Countries
VSB
Canada
92.59%
Other
7.41%
HAB
Canada
91.33%
Other
8.67%
Sectors
VSB
Sovereign
38.01%
Finance
22.46%
Municipal
15.41%
Government Agencies
9.79%
Other
14.33%
HAB
Finance
48.28%
Energy
11.79%
Utilities
10.07%
Telecommunications
7.45%
Other
22.41%
As of November 11, 2026
Top 10 Holdings
VSB
Canada, Bonds 3% 1sep2031, CAD
3.44%
Canada, Bonds 2.75% 1sep2030, CAD
3.44%
Canada, Bonds 2.75% 1mar2031, CAD
3.40%
Canada, Bonds 2.75% 1mar2030, CAD
2.87%
Canada, Bonds 2.5% 1may2028, CAD
2.47%
Canada, Bonds 2.75% 1aug2028, CAD
2.40%
Canada, Bonds 2.5% 1nov2027, CAD
2.30%
Canada, Bonds 2.25% 1feb2028, CAD
2.24%
Canada, Bonds 4% 1mar2029, CAD
2.19%
Canada, Bond 1.25 1jun2030 10Y
2.19%
HAB
Royal Bank of Canada, 3.411% 12jun2029, CAD
1.37%
Canada, Bonds 2% 1jun2032, CAD
1.26%
Toronto-Dominion Bank, 4.68% 8jan2029, CAD
1.20%
Bank of Nova Scotia, 4.085% 1may2034, CAD
1.05%
Canada, Bonds 3.5% 1sep2029, CAD
0.96%
CU Inc., 4.543% 24oct2041, CAD
0.93%
Bank of Montreal, 4.42% 17jul2029, CAD
0.93%
Bank of Montreal, 3.539% 3mar2032, CAD
0.92%
TransCanada PipeLines, 4.55% 15nov2041, CAD
0.89%
National Bank of Canada, 4.26% 15feb2035, CAD (2024-2)
0.88%
Diversification
VSB
Total weight of top 10 holdings out of 583 total
26.95%
HAB
Total weight of top 10 holdings out of 341 total
10.39%
Characteristics
Compare
VSB
HAB
| Provider | Vanguard | Global X |
| Management | Passively managed | Actively managed |
| Benchmark | Bloomberg Global Aggregate Canadian Government/Credit 1-5 Year Float Adjusted Bond Total Return Index - CAD | - |
| Replication Method | Direct (Physical) | - |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.99% | 4.08% |
| Meets ESG criteria | No | No |
| Inception Date | November 30, 2011 | July 15, 2010 |
Frequently asked questions about VSB and HAB
Which ETF has performed better year to date: VSB or HAB?
As of November 11, 2026, VSB has returned 1.40% year to date, while HAB has returned 1.39%. VSB is ahead on YTD performance.
Which ETF is larger by assets under management: VSB or HAB?
As of November 11, 2026, VSB manages $1.84 B in assets, while HAB manages $282.39 M. VSB is the larger fund by AUM.
How are VSB and HAB managed?
VSB is passively managed by Vanguard. It tracks the Bloomberg Global Aggregate Canadian Government/Credit 1-5 Year Float Adjusted Bond Total Return Index - CAD benchmark. HAB is actively managed by Global X. It does not track an index.
What sectors do VSB and HAB emphasize?
VSB is most exposed to Sovereign, Finance, and Municipal. HAB is most exposed to Finance, Energy, and Utilities.
Which ETF is attracting more investor flows: VSB or HAB?
Year to date, VSB has seen +$507.76 M in net flows, compared with +$3.95 M for HAB. VSB has attracted more net investor money so far.
How do the fees of VSB and HAB compare?
VSB has an expense ratio of 0.12%, while HAB has an expense ratio of 0.59%.
What are the top holdings of VSB and HAB?
VSB's largest holdings include Canada, Bonds 3% 1sep2031, CAD, Canada, Bonds 2.75% 1sep2030, CAD, and Canada, Bonds 2.75% 1mar2031, CAD. HAB's top holdings include Royal Bank of Canada, 3.411% 12jun2029, CAD and Canada, Bonds 2% 1jun2032, CAD.
Which ETF is more diversified: VSB or HAB?
VSB holds 562 securities, while HAB holds 328. On holdings count, VSB is the more diversified portfolio.
Recent articles about VSB and HAB
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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.