XBB
iShares Canadian Universe Bond Index ETF

Full XBB fund page
VS
CSBI
CIBC Canadian Short-Term Bond Index ETF

Full CSBI fund page

Compare iShares Canadian Universe Bond Index ETF (XBB) vs CIBC Canadian Short-Term Bond Index ETF (CSBI) to find the best fit for your portfolio. XBB provides Sovereign, Municipal, and Finance exposures, while CSBI is primarily weighted in Sovereign, Finance, and Municipal. When evaluating costs, XBB features a management fee (MER) of 0.09%, compared to 0.07% for CSBI. Performance-wise, XBB has returned 0.24% year-to-date with +$2 B in net flows, whereas CSBI is at 0.92% with +$68 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.

NAV Performance and Flows

-1.2-1.0-0.8-0.6-0.4-0.20.0%Aug 4Aug 11Aug 18Aug 25Sep 1

Key Data

Historical performance and flows

As of September 3, 2026
1M3MYTD1Y3Y
Perf.
XBB
-1.00%-1.37%+0.24%+1.51%+13.71%
CSBI
-0.42%-0.06%+0.92%+1.74%+13.32%
Flows
XBB
+$758 M+$885 M+$1,788 M+$2,599 M+$5,261 M
CSBI
+$8 M+$23 M+$68 M+$399 M+$416 M

XBB vs CSBI exposure

Countries

XBB
Canada
97.34%
CSBI
Canada
97.36%

Sectors

XBB
Sovereign
33.61%
Municipal
28.99%
Finance
14.34%
Government Agencies
7.06%
Other
16.00%
CSBI
Sovereign
38.12%
Finance
27.73%
Municipal
14.45%
Government Agencies
8.01%
Other
11.69%
As of September 3, 2026

Top 10 Holdings

XBB
Canada, Bonds 2.75% 1mar2031, CAD
1.52%
Canada, Bonds 2.75% 1sep2030, CAD
1.52%
Canada, Bonds 3.25% 1dec2035, CAD
1.51%
Canada, Bonds 3.25% 1jun2035, CAD
1.42%
Canada, Bonds 3.25% 1jun2036, CAD
1.35%
Canada, Bonds 3.5% 1dec2057, CAD
1.24%
Canada, Bonds 3% 1jun2034, CAD
1.23%
Canada, Bonds 2.75% 1mar2030, CAD
1.22%
Canada, Bonds 3.5% 1sep2029, CAD
1.13%
Canada, Bonds 2.5% 1may2028, CAD
1.12%
CSBI
Canada, Bonds 2.25% 1feb2028, CAD
17.05%
Canada, Bonds 2.75% 1mar2030, CAD
6.36%
Canada, Bonds 2.75% 1mar2031, CAD
6.21%
Canada, Bond 1.5 1jun2031 10Y
4.40%
CMHC, 1.75% 15jun2030, CAD (92)
2.95%
Canada Housing Trust, 3.7% 15jun2029, CAD (120)
2.78%
Canada, Bond 0.5 1oct2030 10Y
2.75%
Province of Ontario, 2.05% 2jun2030, CAD (DMTN243)
1.57%
Province of Ontario, 2.7% 2jun2029, CAD (DMTN240)
1.38%
Province of Ontario, 2.9% 2jun2028, CAD (DMTN238)
1.38%

Diversification

XBB
Total weight of top 10 holdings out of 1,889 total
13.27%
CSBI
Total weight of top 10 holdings out of 196 total
46.83%

Characteristics

Compare
XBB
CSBI
ProvideriSharesCIBC
ManagementPassively managedPassively managed
BenchmarkFTSE Canada Universe Bond TR Index - CADFTSE Canada Short Term Overall Bond TR Index - CAD
Replication MethodDirect (Physical)Direct (Physical)
Asset ClassFixed IncomeFixed Income
Dividend PolicyDistributingDistributing
Trailing 12m distribution yield3.50%3.04%
Meets ESG criteriaNoNo
Inception DateNovember 20, 2000January 23, 2023

Frequently asked questions about XBB and CSBI

Which ETF has performed better year to date: XBB or CSBI?
As of September 3, 2026, XBB has returned 0.24% year to date, while CSBI has returned 0.92%. CSBI is ahead on YTD performance.
Which ETF is larger by assets under management: XBB or CSBI?
As of September 3, 2026, XBB manages $10.68 B in assets, while CSBI manages $417.76 M. XBB is the larger fund by AUM.
How are XBB and CSBI managed?
XBB is passively managed by iShares. It tracks the FTSE Canada Universe Bond TR Index - CAD benchmark. CSBI is passively managed by CIBC. It tracks the FTSE Canada Short Term Overall Bond TR Index - CAD benchmark.
What sectors do XBB and CSBI emphasize?
XBB is most exposed to Sovereign, Municipal, and Finance. CSBI is most exposed to Sovereign, Finance, and Municipal.
Which ETF is attracting more investor flows: XBB or CSBI?
Year to date, XBB has seen +$1,787.61 M in net flows, compared with +$68.33 M for CSBI. XBB has attracted more net investor money so far.
How do the fees of XBB and CSBI compare?
XBB has an expense ratio of 0.10%, while CSBI has an expense ratio of 0.08%.
What are the top holdings of XBB and CSBI?
XBB's largest holdings include Canada, Bonds 2.75% 1mar2031, CAD, Canada, Bonds 2.75% 1sep2030, CAD, and Canada, Bonds 3.25% 1dec2035, CAD. CSBI's top holdings include Canada, Bonds 2.25% 1feb2028, CAD, Canada, Bonds 2.75% 1mar2030, CAD, and Canada, Bonds 2.75% 1mar2031, CAD.
Which ETF is more diversified: XBB or CSBI?
XBB holds 1889 securities, while CSBI holds 195. On holdings count, XBB is the more diversified portfolio.

Recent articles about XBB and CSBI

CboeTrackinsight
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.

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.
diamonds