VS
iShares Canadian Corporate Bond Index ETF (XCB) and RBC Target 2031 Canadian Government Bond ETF (RGQT) offer distinct profiles for Canadian ETF investors. A direct comparison shows that XCB focuses its top 3 sector exposures on Finance, Utilities, and Energy, while RGQT leans towards Municipal, Sovereign, and Government Agencies. When evaluating costs, XCB features a management fee (MER) of 0.15%, compared to 0.15% for RGQT. Performance-wise, XCB has returned 0.3% year-to-date with +$979 M in net flows, whereas RGQT is at 0.36% with +$82 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
XCB
RGQT
| AuM | $3,670.76 M | $126.71 M |
| Management Fees | 0.15% | 0.15% |
| Exp. ratio | 0.17% | 0.17% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 14, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XCB | -1.20% | -2.13% | -0.30% | +0.32% | +18.05% |
RGQT | -1.12% | -1.80% | -0.36% | -0.63% | - | |
| Flows | XCB | +$366 M | +$426 M | +$979 M | +$1,385 M | +$2,028 M |
RGQT | +$9 M | +$14 M | +$82 M | +$109 M | - |
XCB vs RGQT exposure
Countries
XCB
Canada
90.82%
USA
7.96%
RGQT
Canada
99.77%
Sectors
XCB
Finance
43.65%
Utilities
15.37%
Energy
13.73%
Industrials
8.75%
Other
18.50%
RGQT
Municipal
47.17%
Sovereign
32.39%
Government Agencies
18.02%
As of September 14, 2026
Top 10 Holdings
XCB
Amazon.com, 5% 12jun2056, CAD
0.62%
Bank of Nova Scotia, 3.61% 30jan2032, CAD
0.53%
Amazon.com, 4.35% 12jun2036, CAD
0.52%
Royal Bank of Canada, 3.572% 9dec2031, CAD
0.52%
CIBC, 3.65% 13jan2032, CAD
0.45%
Toronto-Dominion Bank, 3.687% 9jan2032, CAD
0.45%
Bank of Nova Scotia, 3.734% 27jun2031, CAD
0.41%
Alphabet, 5% 15may2056, CAD
0.41%
Royal Bank of Canada, 4.632% 1may2028, CAD
0.39%
Toronto-Dominion Bank, 4.68% 8jan2029, CAD
0.38%
RGQT
Canada, Bonds 2.75% 1mar2031, CAD
13.53%
Canada, Bond 1.5 1jun2031 10Y
10.89%
Canada Housing Trust, 1.1% 15mar2031, CAD (95)
10.88%
Province of Ontario, 2.15% 2jun2031, CAD (DMTN249)
8.77%
Canada, Bonds 1.5% 1dec2031 10Y
7.98%
Canada Housing Trust, 1.6% 15dec2031, CAD (101)
7.15%
Province of Quebec, 1.5% 1sep2031, CAD (B128)
6.89%
British Columbia, 1.55% 18jun2031, CAD (BCCD-41)
6.19%
Alberta, 1.65% 1jun2031, CAD
5.39%
Province of Ontario, 2.25% 2dec2031, CAD (DMTN253)
4.92%
Diversification
XCB
Total weight of top 10 holdings out of 1,325 total
4.67%
RGQT
Total weight of top 10 holdings out of 18 total
82.56%
Characteristics
Compare
XCB
RGQT
| Provider | iShares | RBC Global Asset Management |
| Management | Passively managed | Actively managed |
| Benchmark | FTSE Canada All Corporate Bond TR Index - CAD | - |
| Replication Method | Direct (Physical) | |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 4.29% | 1.86% |
| Meets ESG criteria | No | No |
| Inception Date | November 6, 2006 | April 1, 2025 |
Frequently asked questions about XCB and RGQT
Which ETF has performed better year to date: XCB or RGQT?
As of September 14, 2026, XCB has returned -0.30% year to date, while RGQT has returned -0.36%. XCB is ahead on YTD performance.
Which ETF is larger by assets under management: XCB or RGQT?
As of September 14, 2026, XCB manages $3.67 B in assets, while RGQT manages $126.71 M. XCB is the larger fund by AUM.
How are XCB and RGQT managed?
XCB is passively managed by iShares. It tracks the FTSE Canada All Corporate Bond TR Index - CAD benchmark. RGQT is actively managed by RBC Global Asset Management. It does not track an index.
What sectors do XCB and RGQT emphasize?
XCB is most exposed to Finance, Utilities, and Energy. RGQT is most exposed to Municipal, Sovereign, and Government Agencies.
Which ETF is attracting more investor flows: XCB or RGQT?
Year to date, XCB has seen +$979.15 M in net flows, compared with +$81.99 M for RGQT. XCB has attracted more net investor money so far.
How do the fees of XCB and RGQT compare?
XCB has an expense ratio of 0.17%, while RGQT has an expense ratio of 0.17%.
What are the top holdings of XCB and RGQT?
XCB's largest holdings include Amazon.com, 5% 12jun2056, CAD, Bank of Nova Scotia, 3.61% 30jan2032, CAD, and Amazon.com, 4.35% 12jun2036, CAD. RGQT's top holdings include Canada, Bonds 2.75% 1mar2031, CAD, Canada, Bond 1.5 1jun2031 10Y, and Canada Housing Trust, 1.1% 15mar2031, CAD (95).
Which ETF is more diversified: XCB or RGQT?
XCB holds 1325 securities, while RGQT holds 18. On holdings count, XCB 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.