VS
iShares U.S. Aggregate Bond Index ETF (XAGH) and TD Target 2026 U.S. Investment Grade Bond ETF (TBUF.U) offer distinct profiles for Canadian ETF investors. A direct comparison shows that XAGH focuses its top 3 sector exposures on Sovereign, Finance, and Industrials, while TBUF.U leans towards Finance, Energy, and Technology. When evaluating costs, XAGH features a management fee (MER) of 0.18%, compared to 0.2% for TBUF.U. Performance-wise, XAGH has returned 2.53% year-to-date with -$60 M in net flows, whereas TBUF.U is at 2.7% with -$11 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
XAGH
TBUF.U
| AuM | $308.44 M | $17.11 M |
| Management Fees | 0.18% | 0.20% |
| Exp. ratio | 0.20% | 0.22% |
| Tracking Difference | -0.16% | - |
Historical performance and flows
As of September 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XAGH | -1.19% | -2.35% | -2.53% | -2.56% | +7.24% |
TBUF.U | +0.38% | +1.02% | +2.70% | +4.08% | - | |
| Flows | XAGH | +$1 M | -$71 M | -$60 M | +$24 M | +$284 M |
TBUF.U | -$7 M | -$7 M | -$11 M | -$9 M | - |
XAGH vs TBUF.U exposure
Countries
XAGH
USA
77.34%
Other
17.21%
TBUF.U
USA
91.28%
Other
8.72%
Sectors
XAGH
Sovereign
47.52%
Other
17.21%
Finance
10.19%
Industrials
7.10%
Other
17.98%
TBUF.U
Finance
47.85%
Energy
20.14%
Technology
9.18%
Industrials
9.04%
Telecommunications
7.91%
As of September 11, 2026
Top 10 Holdings
XAGH
BlackRock Cash Funds - Institutional
2.85%
USA, Notes 4.625% 15feb2035, USD (B-2035)
0.42%
USA, Notes 4% 28feb2030, USD (H-2030)
0.41%
USA, Notes 4.25% 15nov2034, USD (F-2034)
0.41%
USA, Notes 4.375% 15may2034, USD (C-2034)
0.40%
USA, Notes 4.125% 15feb2036, USD (B-2036)
0.40%
USA, Notes 3.875% 15aug2034, USD (E-2034)
0.40%
USA, Notes 4.25% 15aug2035, USD (E-2035)
0.39%
USA, Notes 4.25% 15may2035, USD (C-2035)
0.39%
USA, Notes 4.5% 15nov2033, USD (F-2033)
0.39%
TBUF.U
Dell International LLC, 4.9% 1oct2026, USD
9.18%
Kinder Morgan, 1.75% 15nov2026, USD
8.91%
Goldman Sachs, 3.5% 16nov2026, USD
8.67%
Citigroup, 3.2% 21oct2026, USD
8.53%
American Tower, 3.375% 15oct2026, USD
8.48%
ONEOK, 5.55% 1nov2026, USD
8.38%
D.R. Horton, 1.3% 15oct2026, USD
8.13%
Equinix, 2.9% 18nov2026, USD
7.91%
Sumisho Air Lease Corp, 1.875% 15aug2026, USD (A)
7.06%
Ventas Realty, 3.25% 15oct2026, USD
5.99%
Diversification
XAGH
Total weight of top 10 holdings out of 13,243 total
6.47%
TBUF.U
Total weight of top 10 holdings out of 15 total
81.24%
Characteristics
Compare
XAGH
TBUF.U
| Provider | iShares | TD Asset Management |
| Management | Passively managed | Actively managed |
| Benchmark | Bloomberg US Aggregate Bond Index - CAD Hedged | - |
| Replication Method | ||
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 4.31% | 3.05% |
| Meets ESG criteria | No | No |
| Inception Date | August 6, 2021 | April 9, 2024 |
Frequently asked questions about XAGH and TBUF.U
Which ETF has performed better year to date: XAGH or TBUF.U?
As of September 11, 2026, XAGH has returned -2.53% year to date, while TBUF.U has returned 2.70%. TBUF.U is ahead on YTD performance.
Which ETF is larger by assets under management: XAGH or TBUF.U?
As of September 11, 2026, XAGH manages $308.44 M in assets, while TBUF.U manages $17.11 M. XAGH is the larger fund by AUM.
How are XAGH and TBUF.U managed?
XAGH is passively managed by iShares. It tracks the Bloomberg US Aggregate Bond Index - CAD Hedged benchmark. TBUF.U is actively managed by TD Asset Management. It does not track an index.
What sectors do XAGH and TBUF.U emphasize?
XAGH is most exposed to Sovereign, Finance, and Industrials. TBUF.U is most exposed to Finance, Energy, and Technology.
Which ETF is attracting more investor flows: XAGH or TBUF.U?
Year to date, XAGH has seen -$59.74 M in net flows, compared with -$10.87 M for TBUF.U. TBUF.U has attracted more net investor money so far.
How do the fees of XAGH and TBUF.U compare?
XAGH has an expense ratio of 0.20%, while TBUF.U has an expense ratio of 0.22%.
What are the top holdings of XAGH and TBUF.U?
XAGH's largest holdings include BlackRock Cash Funds - Institutional and USA, Notes 4.625% 15feb2035, USD (B-2035). TBUF.U's top holdings include Dell International LLC, 4.9% 1oct2026, USD, Kinder Morgan, 1.75% 15nov2026, USD, and Goldman Sachs, 3.5% 16nov2026, USD.
Which ETF is more diversified: XAGH or TBUF.U?
XAGH holds 10356 securities, while TBUF.U holds 15. On holdings count, XAGH 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.