VS
Compare iShares Core Canadian 15+ Year Federal Bond Index ETF (XFLB) vs iShares 1-5 Year Laddered Government Bond Index ETF (CLF) to find the best fit for your portfolio. XFLB provides Sovereign exposures, while CLF is primarily weighted in Municipal, Sovereign, and Government Agencies. When evaluating costs, XFLB features a management fee (MER) of 0.15%, compared to 0.15% for CLF. Performance-wise, XFLB has returned 3.37% year-to-date with -$2 M in net flows, whereas CLF is at 0.58% with +$154 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
XFLB
CLF
| AuM | $46.23 M | $762.62 M |
| Management Fees | 0.15% | 0.15% |
| Exp. ratio | 0.17% | 0.17% |
| Tracking Difference | -0.12% | - |
Historical performance and flows
As of September 2, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XFLB | -3.37% | -5.57% | -3.37% | -2.24% | -0.98% |
CLF | -0.52% | -0.32% | +0.58% | +1.67% | +13.05% | |
| Flows | XFLB | +$0 M | -$4 M | -$2 M | +$7 M | +$18 M |
CLF | +$9 M | +$28 M | +$154 M | +$163 M | +$219 M |
XFLB vs CLF exposure
Countries
XFLB
Canada
99.91%
CLF
Canada
99.93%
Sectors
XFLB
Sovereign
99.91%
CLF
Municipal
40.18%
Sovereign
39.70%
Government Agencies
11.11%
Finance
8.93%
As of September 2, 2026
Top 10 Holdings
XFLB
Canada, Bonds 3.5% 1dec2057, CAD
27.50%
Canada, Bond 2 1jan2051 30Y
19.89%
Canada, Bonds 2.75% 1dec2055, CAD
19.55%
Canada, Bond 1.75 1dec2053 30Y
15.76%
Canada, Bond 2.75 1dec2048 30Y
6.10%
Canada, Bond 3.5 1dec2045 30Y
5.99%
Canada, Bond 2.75 1dec2064 50Y
4.26%
Canada, Bonds 3.5% 1dec2056, CAD (D)
0.87%
CLF
Canada, Bond 2 1jun2028 10Y
4.15%
Canada, Bonds 2.75% 1sep2027, CAD
4.06%
Canada, Bond 2.25 1jun2029 10Y
2.80%
Canada, Bonds 3.25% 1sep2028, CAD
2.76%
Canada, Bond 1.25 1jun2030 10Y
2.69%
Canada, Bonds 2.25% 1dec2029, CAD
2.65%
Canada, Bond 0.5 1oct2030 10Y
2.62%
Canada, Bond 1.5 1jun2031 10Y
2.61%
Canada, Bonds 3.5% 1sep2029, CAD
2.60%
Canada, Bonds 2.75% 1sep2030, CAD
2.59%
Diversification
XFLB
Total weight of top 10 holdings out of 8 total
99.91%
CLF
Total weight of top 10 holdings out of 84 total
29.53%
Characteristics
Compare
XFLB
CLF
| Provider | iShares | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | Bloomberg Canada Aggregate 15+ Year Federal Bond Float Adjusted Index - CAD | FTSE Canada 1-5 Year Laddered Government Bond TR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.29% | 2.30% |
| Meets ESG criteria | No | No |
| Inception Date | February 7, 2023 | January 31, 2008 |
Frequently asked questions about XFLB and CLF
Which ETF has performed better year to date: XFLB or CLF?
As of September 2, 2026, XFLB has returned -3.37% year to date, while CLF has returned 0.58%. CLF is ahead on YTD performance.
Which ETF is larger by assets under management: XFLB or CLF?
As of September 2, 2026, XFLB manages $46.23 M in assets, while CLF manages $762.62 M. CLF is the larger fund by AUM.
How are XFLB and CLF managed?
XFLB is passively managed by iShares. It tracks the Bloomberg Canada Aggregate 15+ Year Federal Bond Float Adjusted Index - CAD benchmark. CLF is passively managed by iShares. It tracks the FTSE Canada 1-5 Year Laddered Government Bond TR Index - CAD benchmark.
What sectors do XFLB and CLF emphasize?
XFLB is most exposed to Sovereign. CLF is most exposed to Municipal, Sovereign, and Government Agencies.
Which ETF is attracting more investor flows: XFLB or CLF?
Year to date, XFLB has seen -$2.04 M in net flows, compared with +$154.49 M for CLF. CLF has attracted more net investor money so far.
How do the fees of XFLB and CLF compare?
XFLB has an expense ratio of 0.17%, while CLF has an expense ratio of 0.17%.
What are the top holdings of XFLB and CLF?
XFLB's largest holdings include Canada, Bonds 3.5% 1dec2057, CAD, Canada, Bond 2 1jan2051 30Y, and Canada, Bonds 2.75% 1dec2055, CAD. CLF's top holdings include Canada, Bond 2 1jun2028 10Y, Canada, Bonds 2.75% 1sep2027, CAD, and Canada, Bond 2.25 1jun2029 10Y.
Which ETF is more diversified: XFLB or CLF?
XFLB holds 8 securities, while CLF holds 84. On holdings count, CLF 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.

