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Compare iShares Core Canadian 15+ Year Federal Bond Index ETF (XFLB) vs iShares Canadian Government Bond Index ETF (XGB) to find the best fit for your portfolio. XFLB provides Sovereign exposures, while XGB is primarily weighted in Sovereign, Municipal, and Government Agencies. When evaluating costs, XFLB features a management fee (MER) of 0.15%, compared to 0.12% for XGB. Performance-wise, XFLB has returned 1.81% year-to-date with -$15 M in net flows, whereas XGB is at 0.46% with -$231 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
XGB
| AuM | $33.97 M | $1,589.80 M |
| Management Fees | 0.15% | 0.12% |
| Exp. ratio | 0.17% | 0.13% |
| Tracking Difference | -0.11% | - |
Historical performance and flows
As of October 30, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XFLB | +3.23% | -1.23% | -1.81% | -5.93% | +5.87% |
XGB | +1.64% | -0.41% | +0.46% | -0.70% | +14.06% | |
| Flows | XFLB | +$2 M | -$12 M | -$15 M | -$12 M | +$12 M |
XGB | -$56 M | -$70 M | -$231 M | -$146 M | +$670 M |
XFLB vs XGB exposure
Countries
XFLB
Canada
99.96%
XGB
Canada
98.12%
Sectors
XFLB
Sovereign
99.96%
XGB
Sovereign
43.89%
Municipal
37.85%
Government Agencies
9.36%
Other
8.90%
As of October 30, 2026
Top 10 Holdings
XFLB
Canada, Bonds 3.5% 1dec2057, CAD
26.26%
Canada, Bond 2 1jan2051 30Y
19.13%
Canada, Bonds 2.75% 1dec2055, CAD
18.77%
Canada, Bond 1.75 1dec2053 30Y
15.10%
Canada, Bond 3.5 1dec2045 30Y
5.96%
Canada, Bond 2.75 1dec2048 30Y
5.61%
Canada, Bond 2.75 1dec2064 50Y
4.01%
Canada, Bonds 3.75% 1jun2059, CAD
3.83%
Canada, Bonds 3.5% 1dec2056, CAD (D)
1.28%
XGB
Canada, Bonds 2.75% 1sep2030, CAD
2.12%
Canada, Bonds 2.75% 1mar2031, CAD
2.02%
Canada, Bonds 3.25% 1jun2035, CAD
1.98%
Canada, Bonds 3.25% 1jun2036, CAD
1.96%
Canada, Bonds 3.25% 1dec2035, CAD
1.89%
Canada, Bonds 3% 1sep2031, CAD
1.88%
Canada, Bonds 3% 1jun2034, CAD
1.62%
Canada, Bonds 3.5% 1dec2057, CAD
1.48%
Canada, Bonds 3.5% 1sep2029, CAD
1.47%
Canada, Bond 1.5 1jun2031 10Y
1.45%
Diversification
XFLB
Exposure data will be available soon
XGB
Total weight of top 10 holdings out of 552 total
17.88%
Characteristics
Compare
XFLB
XGB
| Provider | iShares | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | Bloomberg Canada Aggregate 15+ Year Federal Bond Float Adjusted Index - CAD | FTSE Canada All 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 | 3.27% | 3.21% |
| Meets ESG criteria | No | No |
| Inception Date | February 7, 2023 | November 6, 2006 |
Frequently asked questions about XFLB and XGB
Which ETF has performed better year to date: XFLB or XGB?
As of October 30, 2026, XFLB has returned -1.81% year to date, while XGB has returned 0.46%. XGB is ahead on YTD performance.
Which ETF is larger by assets under management: XFLB or XGB?
As of October 30, 2026, XFLB manages $33.97 M in assets, while XGB manages $1.59 B. XGB is the larger fund by AUM.
How are XFLB and XGB managed?
XFLB is passively managed by iShares. It tracks the Bloomberg Canada Aggregate 15+ Year Federal Bond Float Adjusted Index - CAD benchmark. XGB is passively managed by iShares. It tracks the FTSE Canada All Government Bond TR Index - CAD benchmark.
What sectors do XFLB and XGB emphasize?
XFLB is most exposed to Sovereign. XGB is most exposed to Sovereign, Municipal, and Government Agencies.
Which ETF is attracting more investor flows: XFLB or XGB?
Year to date, XFLB has seen -$14.53 M in net flows, compared with -$231.31 M for XGB. XFLB has attracted more net investor money so far.
How do the fees of XFLB and XGB compare?
XFLB has an expense ratio of 0.17%, while XGB has an expense ratio of 0.13%.
What are the top holdings of XFLB and XGB?
XFLB's largest holdings include Canada, Bonds 3.5% 1dec2057, CAD, Canada, Bond 2 1jan2051 30Y, and Canada, Bonds 2.75% 1dec2055, CAD. XGB's top holdings include Canada, Bonds 2.75% 1sep2030, CAD, Canada, Bonds 2.75% 1mar2031, CAD, and Canada, Bonds 3.25% 1jun2035, CAD.
Which ETF is more diversified: XFLB or XGB?
XFLB holds 9 securities, while XGB holds 545. On holdings count, XGB is the more diversified portfolio.
Recent articles about XFLB and XGB
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