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iShares U.S. Aggregate Bond Index ETF (XAGG) and RBC Target 2028 U.S. Corporate Bond ETF (RUQQ.U) offer distinct profiles for Canadian ETF investors. A direct comparison shows that XAGG focuses its top 3 sector exposures on Sovereign, Finance, and Industrials, while RUQQ.U leans towards Finance, Utilities, and Healthcare. When evaluating costs, XAGG features a management fee (MER) of 0.18%, compared to 0.2% for RUQQ.U. Performance-wise, XAGG has returned 1.02% year-to-date with +$12 M in net flows, whereas RUQQ.U is at 1.01% with +$28 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
XAGG
RUQQ.U
| AuM | $62.54 M | $47.33 M |
| Management Fees | 0.18% | 0.20% |
| Exp. ratio | 0.19% | 0.22% |
| Tracking Difference | -0.22% | - |
Historical performance and flows
As of October 7, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XAGG | +0.98% | -2.65% | +1.02% | -0.03% | +17.62% |
RUQQ.U | -0.21% | +0.17% | +1.01% | +2.01% | - | |
| Flows | XAGG | +$2 M | +$16 M | +$12 M | +$11 M | +$59 M |
RUQQ.U | +$2 M | +$22 M | +$28 M | +$30 M | +$0 M |
XAGG vs RUQQ.U exposure
Countries
XAGG
USA
76.60%
Other
18.02%
RUQQ.U
USA
85.19%
Other
14.81%
Sectors
XAGG
Sovereign
47.15%
Other
18.02%
Finance
9.92%
Industrials
7.04%
Other
17.87%
RUQQ.U
Finance
40.46%
Utilities
10.02%
Healthcare
7.25%
Other
42.26%
As of October 7, 2026
Top 10 Holdings
XAGG
BlackRock Cash Funds - Institutional
3.01%
USA, Notes 4.625% 15feb2035, USD (B-2035)
0.41%
USA, Notes 4.25% 15nov2034, USD (F-2034)
0.40%
USA, Notes 4.375% 15may2034, USD (C-2034)
0.40%
USA, Notes 4% 28feb2030, USD (H-2030)
0.40%
USA, Notes 3.875% 15aug2034, USD (E-2034)
0.39%
USA, Notes 4.125% 15feb2036, USD (B-2036)
0.39%
USA, Notes 4.25% 15may2035, USD (C-2035)
0.39%
USA, Notes 4.5% 15nov2033, USD (F-2033)
0.39%
USA, Notes 4.25% 15aug2035, USD (E-2035)
0.38%
RUQQ.U
Bank of America Corporation, 2.087% 14jun2029, USD (N)
3.30%
Morgan Stanley, 3.772% 24jan2029, USD (I)
3.15%
JP Morgan, 4.203% 23jul2029, USD
3.12%
Citigroup, 4.075% 23apr2029, USD
2.97%
Goldman Sachs, 4.223% 1may2029, USD
2.91%
Mitsubishi UFJ Financial Group, 3.961% 2mar2028, USD
2.86%
BNY Mellon, 4.543% 1feb2029, USD (J)
2.79%
Amazon.com, 1.65% 12may2028, USD
2.66%
Apple, 1.4% 5aug2028, USD
2.46%
John Deere Capital, 4.95% 14jul2028, USD (I)
2.32%
Diversification
XAGG
Total weight of top 10 holdings out of 13,256 total
6.55%
RUQQ.U
Total weight of top 10 holdings out of 65 total
28.54%
Characteristics
Compare
XAGG
RUQQ.U
| Provider | iShares | RBC Global Asset Management |
| Management | Passively managed | Actively managed |
| Benchmark | Bloomberg US Aggregate Bond Index - CAD | - |
| Replication Method | Other | - |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 4.27% | 3.37% |
| Meets ESG criteria | No | No |
| Inception Date | August 6, 2021 | April 24, 2024 |
Frequently asked questions about XAGG and RUQQ.U
Which ETF has performed better year to date: XAGG or RUQQ.U?
As of October 7, 2026, XAGG has returned 1.02% year to date, while RUQQ.U has returned 1.01%. XAGG is ahead on YTD performance.
Which ETF is larger by assets under management: XAGG or RUQQ.U?
As of October 7, 2026, XAGG manages $62.54 M in assets, while RUQQ.U manages $47.33 M. XAGG is the larger fund by AUM.
How are XAGG and RUQQ.U managed?
XAGG is passively managed by iShares. It tracks the Bloomberg US Aggregate Bond Index - CAD benchmark. RUQQ.U is actively managed by RBC Global Asset Management. It does not track an index.
What sectors do XAGG and RUQQ.U emphasize?
XAGG is most exposed to Sovereign, Finance, and Industrials. RUQQ.U is most exposed to Finance, Utilities, and Healthcare.
Which ETF is attracting more investor flows: XAGG or RUQQ.U?
Year to date, XAGG has seen +$12.45 M in net flows, compared with +$27.97 M for RUQQ.U. RUQQ.U has attracted more net investor money so far.
How do the fees of XAGG and RUQQ.U compare?
XAGG has an expense ratio of 0.19%, while RUQQ.U has an expense ratio of 0.22%.
What are the top holdings of XAGG and RUQQ.U?
XAGG's largest holdings include BlackRock Cash Funds - Institutional and USA, Notes 4.625% 15feb2035, USD (B-2035). RUQQ.U's top holdings include Bank of America Corporation, 2.087% 14jun2029, USD (N), Morgan Stanley, 3.772% 24jan2029, USD (I), and JP Morgan, 4.203% 23jul2029, USD.
Which ETF is more diversified: XAGG or RUQQ.U?
XAGG holds 10222 securities, while RUQQ.U holds 65. On holdings count, XAGG 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.