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Compare iShares Canadian Universe Bond Index ETF (XBB) vs TD Canadian Aggregate Bond Index ETF (TDB) to find the best fit for your portfolio. XBB and TDB provide the same top sector exposures: Sovereign, Municipal, and Finance. When evaluating costs, XBB features a management fee (MER) of 0.09%, compared to 0.08% for TDB. Performance-wise, XBB has returned 0.04% year-to-date with +$2 B in net flows, whereas TDB is at 0.01% with +$1 B. 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
XBB
TDB
| AuM | $10,570.90 M | $4,200.61 M |
| Management Fees | 0.09% | 0.08% |
| Exp. ratio | 0.10% | 0.08% |
| Tracking Difference | - | -0.11% |
Historical performance and flows
As of September 3, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XBB | -1.20% | -1.55% | +0.04% | +1.58% | +13.48% |
TDB | -1.19% | -1.54% | +0.01% | +1.46% | +13.18% | |
| Flows | XBB | +$669 M | +$796 M | +$1,699 M | +$2,503 M | +$5,172 M |
TDB | +$155 M | +$467 M | +$1,435 M | +$1,979 M | +$3,249 M |
XBB vs TDB exposure
Countries
XBB
Canada
97.34%
TDB
Canada
97.24%
Sectors
XBB
Sovereign
33.61%
Municipal
28.99%
Finance
14.34%
Government Agencies
7.06%
Other
16.00%
TDB
Sovereign
35.79%
Municipal
27.42%
Finance
11.62%
Government Agencies
10.25%
Other
14.93%
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%
TDB
Canada, Bonds 3.25% 1jun2036, CAD
1.60%
Canada, Bonds 3.25% 1dec2035, CAD
1.52%
Canada, Bonds 2.75% 1sep2030, CAD
1.42%
Canada, Bond 1.5 1jun2031 10Y
1.35%
Canada, Bonds 1.5% 1dec2031 10Y
1.35%
Canada, Bond 1.25 1jun2030 10Y
1.26%
Canada, Bonds 2.75% 1mar2031, CAD
1.23%
Canada, Bonds 3.25% 1jun2035, CAD
1.23%
Canada, Bonds 3.5% 1dec2057, CAD
1.23%
Canada, Bonds 2.5% 1aug2027, CAD
1.21%
Diversification
XBB
Total weight of top 10 holdings out of 1,889 total
13.27%
TDB
Total weight of top 10 holdings out of 1,585 total
13.40%
Characteristics
Compare
XBB
TDB
| Provider | iShares | TD Asset Management |
| Management | Passively managed | Passively managed |
| Benchmark | FTSE Canada Universe Bond TR Index - CAD | Solactive Broad Canadian Bond Universe GTR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.51% | 3.48% |
| Meets ESG criteria | No | No |
| Inception Date | November 20, 2000 | March 22, 2016 |
Frequently asked questions about XBB and TDB
Which ETF has performed better year to date: XBB or TDB?
As of September 3, 2026, XBB has returned 0.04% year to date, while TDB has returned 0.01%. XBB is ahead on YTD performance.
Which ETF is larger by assets under management: XBB or TDB?
As of September 3, 2026, XBB manages $10.57 B in assets, while TDB manages $4.20 B. XBB is the larger fund by AUM.
How are XBB and TDB managed?
XBB is passively managed by iShares. It tracks the FTSE Canada Universe Bond TR Index - CAD benchmark. TDB is passively managed by TD Asset Management. It tracks the Solactive Broad Canadian Bond Universe GTR Index - CAD benchmark.
What sectors do XBB and TDB emphasize?
XBB is most exposed to Sovereign, Municipal, and Finance. TDB is most exposed to Sovereign, Municipal, and Finance.
Which ETF is attracting more investor flows: XBB or TDB?
Year to date, XBB has seen +$1,699.43 M in net flows, compared with +$1,435.49 M for TDB. XBB has attracted more net investor money so far.
How do the fees of XBB and TDB compare?
XBB has an expense ratio of 0.10%, while TDB has an expense ratio of 0.08%.
What are the top holdings of XBB and TDB?
XBB's largest holdings include Canada, Bonds 2.75% 1mar2031, CAD, Canada, Bonds 2.75% 1sep2030, CAD, and Canada, Bonds 3.25% 1dec2035, CAD. TDB's top holdings include Canada, Bonds 3.25% 1jun2036, CAD, Canada, Bonds 3.25% 1dec2035, CAD, and Canada, Bonds 2.75% 1sep2030, CAD.
Which ETF is more diversified: XBB or TDB?
XBB holds 1889 securities, while TDB holds 1582. On holdings count, XBB is the more diversified portfolio.
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