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Compare iShares ESG Advanced Canadian Corporate Bond Index ETF (XCBG) vs TD Select Short Term Corporate Bond Ladder ETF (TCSB) to find the best fit for your portfolio. XCBG provides Finance, Telecommunications, and Utilities exposures, while TCSB is primarily weighted in Finance, Energy, and Telecommunications. When evaluating costs, XCBG features a management fee (MER) of 0.15%, compared to 0.27% for TCSB. Performance-wise, XCBG has returned 0.72% year-to-date with -$13 M in net flows, whereas TCSB is at 1.33% with +$403 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
XCBG
TCSB
| AuM | $83.47 M | $909.95 M |
| Management Fees | 0.15% | 0.27% |
| Exp. ratio | 0.17% | 0.28% |
| Tracking Difference | -0.14% | - |
Historical performance and flows
As of September 1, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XCBG | -0.58% | -0.69% | +0.72% | +2.61% | +17.86% |
TCSB | +0.24% | +0.37% | +1.33% | +2.52% | +17.58% | |
| Flows | XCBG | +$2 M | +$6 M | -$13 M | +$4 M | +$62 M |
TCSB | +$28 M | +$125 M | +$403 M | +$597 M | +$862 M |
XCBG vs TCSB exposure
Countries
XCBG
Canada
85.03%
USA
12.88%
TCSB
Canada
88.55%
USA
10.80%
Sectors
XCBG
Finance
61.13%
Telecommunications
16.61%
Utilities
8.63%
Other
13.63%
TCSB
Finance
53.43%
Energy
14.37%
Telecommunications
11.20%
Utilities
9.37%
Other
11.63%
As of September 1, 2026
Top 10 Holdings
XCBG
Toronto-Dominion Bank, 3.687% 9jan2032, CAD
1.33%
Bank of Nova Scotia, 3.61% 30jan2032, CAD
1.17%
CIBC, 3.65% 13jan2032, CAD
1.09%
Bank of Nova Scotia, 3.734% 27jun2031, CAD
0.97%
Royal Bank of Canada, 3.572% 9dec2031, CAD
0.91%
Toronto-Dominion Bank, 3.842% 29may2031, CAD
0.86%
Bank of Montreal, 3.19% 1mar2028, CAD
0.86%
Bank of Montreal, 4.709% 7dec2027, CAD
0.86%
Equinix, 4% 15nov2032, CAD
0.84%
Alphabet, 5% 15may2056, CAD
0.83%
TCSB
Federation des caisses Desjardins du Quebec, FRN 15may2034, CAD
2.77%
RioCan REIT, 5.455% 1mar2031, CAD (AK)
2.58%
Royal Bank of Canada, 2.94% 3may2032, CAD (25)
2.50%
Brookfield Infrastructure Partners, 3.7% 6jan2031, CAD (15)
2.40%
Primaris REIT, 4.468% 1mar2031, CAD
2.38%
National Bank of Canada, 5.279% 15feb2034, CAD
2.25%
Bank of Nova Scotia, 5.679% 2aug2033, CAD
2.22%
National Bank of Canada, 5.426% 16aug2032, CAD
2.21%
TELUS, 4.95% 18feb2031, CAD (CAP)
2.13%
CIBC, 5.3% 16jan2034, CAD
2.11%
Diversification
XCBG
Total weight of top 10 holdings out of 365 total
9.72%
TCSB
Total weight of top 10 holdings out of 115 total
23.57%
Characteristics
Compare
XCBG
TCSB
| Provider | iShares | TD Asset Management |
| Management | Passively managed | Actively managed |
| Benchmark | Bloomberg MSCI Canada Corporate Choice ESG Screened 10% Issuer Capped Index - CAD | - |
| Replication Method | Direct (Physical) | |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 4.05% | 3.05% |
| Meets ESG criteria | Yes | No |
| Inception Date | August 6, 2021 | November 14, 2018 |
Frequently asked questions about XCBG and TCSB
Which ETF has performed better year to date: XCBG or TCSB?
As of September 1, 2026, XCBG has returned 0.72% year to date, while TCSB has returned 1.33%. TCSB is ahead on YTD performance.
Which ETF is larger by assets under management: XCBG or TCSB?
As of September 1, 2026, XCBG manages $83.47 M in assets, while TCSB manages $909.95 M. TCSB is the larger fund by AUM.
How are XCBG and TCSB managed?
XCBG is passively managed by iShares. It tracks the Bloomberg MSCI Canada Corporate Choice ESG Screened 10% Issuer Capped Index - CAD benchmark. TCSB is actively managed by TD Asset Management. It does not track an index.
What sectors do XCBG and TCSB emphasize?
XCBG is most exposed to Finance, Telecommunications, and Utilities. TCSB is most exposed to Finance, Energy, and Telecommunications.
Which ETF is attracting more investor flows: XCBG or TCSB?
Year to date, XCBG has seen -$13.01 M in net flows, compared with +$402.71 M for TCSB. TCSB has attracted more net investor money so far.
How do the fees of XCBG and TCSB compare?
XCBG has an expense ratio of 0.17%, while TCSB has an expense ratio of 0.28%.
What are the top holdings of XCBG and TCSB?
XCBG's largest holdings include Toronto-Dominion Bank, 3.687% 9jan2032, CAD, Bank of Nova Scotia, 3.61% 30jan2032, CAD, and CIBC, 3.65% 13jan2032, CAD. TCSB's top holdings include Federation des caisses Desjardins du Quebec, FRN 15may2034, CAD, RioCan REIT, 5.455% 1mar2031, CAD (AK), and Royal Bank of Canada, 2.94% 3may2032, CAD (25).
Which ETF is more diversified: XCBG or TCSB?
XCBG holds 365 securities, while TCSB holds 115. On holdings count, XCBG is the more diversified portfolio.
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