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Compare iShares Balanced Income CorePortfolio Index ETF (XBAL) vs TD Balanced ETF Portfolio (TBAL) to find the best fit for your portfolio. XBAL and TBAL provide the same top sector exposures: Finance, Technology, and Sovereign. When evaluating costs, XBAL features a management fee (MER) of 0.18%, compared to 0.28% for TBAL. Performance-wise, XBAL has returned 8.99% year-to-date with +$647 M in net flows, whereas TBAL is at 8.37% with +$170 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
XBAL
TBAL
| AuM | $3,470.33 M | $385.88 M |
| Management Fees | 0.18% | 0.28% |
| Exp. ratio | 0.19% | 0.17% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 2, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XBAL | -1.15% | +0.67% | +8.99% | +14.97% | +49.82% |
TBAL | +0.62% | +0.71% | +8.37% | +14.40% | +50.02% | |
| Flows | XBAL | +$76 M | +$235 M | +$647 M | +$941 M | +$1,806 M |
TBAL | +$10 M | +$45 M | +$170 M | +$232 M | +$322 M |
XBAL vs TBAL exposure
Countries
XBAL
Canada
43.63%
USA
34.80%
Other
21.58%
TBAL
Canada
57.43%
USA
25.79%
Other
16.78%
Sectors
XBAL
Finance
24.28%
Technology
15.66%
Sovereign
11.66%
Industrials
7.53%
Other
40.88%
TBAL
Finance
20.72%
Technology
14.00%
Sovereign
13.99%
Municipal
10.72%
Other
40.58%
As of September 2, 2026
Top 10 Holdings
XBAL
Apple, Inc.
1.89%
NVIDIA Corp.
1.82%
Microsoft Corp.
1.29%
Royal Bank of Canada
1.28%
Amazon.com, Inc.
0.89%
The Toronto-Dominion Bank
0.87%
Alphabet, Inc.
0.76%
Broadcom Inc.
0.71%
Shopify, Inc.
0.65%
Alphabet, Inc.
0.61%
TBAL
NVIDIA Corp.
1.84%
Apple, Inc.
1.73%
Royal Bank of Canada
1.62%
Microsoft Corp.
1.33%
The Toronto-Dominion Bank
1.12%
Amazon.com, Inc.
1.02%
Alphabet, Inc.
0.81%
Shopify, Inc.
0.77%
Broadcom Inc.
0.71%
Alphabet, Inc.
0.71%
Diversification
XBAL
Total weight of top 10 holdings out of 21,952 total
10.78%
TBAL
Total weight of top 10 holdings out of 3,307 total
11.65%
Characteristics
Compare
XBAL
TBAL
| Provider | iShares | TD Asset Management |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | ||
| Asset Class | Equity, Fixed Income | Equity, Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.20% | 1.84% |
| Meets ESG criteria | No | No |
| Inception Date | June 21, 2007 | August 18, 2020 |
Frequently asked questions about XBAL and TBAL
Which ETF has performed better year to date: XBAL or TBAL?
As of September 2, 2026, XBAL has returned 8.99% year to date, while TBAL has returned 8.37%. XBAL is ahead on YTD performance.
Which ETF is larger by assets under management: XBAL or TBAL?
As of September 2, 2026, XBAL manages $3.47 B in assets, while TBAL manages $385.88 M. XBAL is the larger fund by AUM.
How are XBAL and TBAL managed?
XBAL is actively managed by iShares. It does not track an index. TBAL is actively managed by TD Asset Management. It does not track an index.
What sectors do XBAL and TBAL emphasize?
XBAL is most exposed to Finance, Technology, and Sovereign. TBAL is most exposed to Finance, Technology, and Sovereign.
Which ETF is attracting more investor flows: XBAL or TBAL?
Year to date, XBAL has seen +$646.92 M in net flows, compared with +$170.04 M for TBAL. XBAL has attracted more net investor money so far.
How do the fees of XBAL and TBAL compare?
XBAL has an expense ratio of 0.19%, while TBAL has an expense ratio of 0.17%.
What are the top holdings of XBAL and TBAL?
XBAL's largest holdings include Apple, Inc., NVIDIA Corp., and Alphabet, Inc.. TBAL's top holdings include NVIDIA Corp., Apple, Inc., and Royal Bank of Canada.
Which ETF is more diversified: XBAL or TBAL?
XBAL holds 21780 securities, while TBAL holds 3267. On holdings count, XBAL is the more diversified portfolio.
Recent articles about XBAL and TBAL
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