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Compare iShares Flexible Monthly Income ETF (XFLX) vs CIBC Global Bond ex-Canada Index ETF (CGBI) to find the best fit for your portfolio. XFLX provides Finance, Sovereign, and Industrials exposures, while CGBI is primarily weighted in Sovereign, Finance, and Industrials. When evaluating costs, XFLX features a management fee (MER) of 0.55%, compared to 0.19% for CGBI. Performance-wise, XFLX has returned 1.06% year-to-date with +$164 M in net flows, whereas CGBI is at 1.21% with +$165 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
XFLX
CGBI
| AuM | $380.96 M | $774.57 M |
| Management Fees | 0.55% | 0.19% |
| Exp. ratio | 0.57% | 0.23% |
| Tracking Difference | - | 0.01% |
Historical performance and flows
As of September 2, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XFLX | -0.63% | -0.39% | -1.06% | +0.56% | - |
CGBI | -0.86% | -1.24% | -1.21% | +0.04% | +7.90% | |
| Flows | XFLX | -$30 M | -$16 M | +$164 M | +$286 M | - |
CGBI | +$23 M | +$53 M | +$165 M | +$243 M | +$481 M |
XFLX vs CGBI exposure
Countries
XFLX
Exposure data will be available soon
CGBI
USA
35.42%
China
11.76%
Other
9.46%
Japan
8.58%
Other
34.78%
Sectors
XFLX
Exposure data will be available soon
CGBI
Sovereign
57.76%
Finance
13.10%
Other
9.46%
Industrials
7.71%
Other
11.97%
As of September 2, 2026
Top 10 Holdings
XFLX
Exposure data will be available soon
CGBI
USA, Notes 0.875% 15nov2030, USD (F-2030)
2.93%
USA, Notes 4.25% 15may2035, USD (C-2035)
2.70%
USA, Notes 4.25% 28feb2029, USD (V-2029)
2.63%
USA, Notes 2.875% 15may2028, USD (C-2028)
2.37%
Japan, JGB 0.1% 20dec2028, JPY
1.67%
USA, Bonds 4.75% 15aug2055, USD
1.65%
China, Bonds 2.8% 24mar2029, CNY
1.61%
USA, Notes 2.75% 15aug2032, USD (E-2032)
1.56%
China Development Bank, 3.09% 9aug2028, CNY
1.52%
Japan, JGB 0.4% 20sep2040, JPY
1.50%
Diversification
XFLX
Exposure data will be available soon
CGBI
Total weight of top 10 holdings out of 342 total
20.14%
Characteristics
Compare
XFLX
CGBI
| Provider | iShares | CIBC |
| Management | Actively managed | Passively managed |
| Benchmark | - | Morningstar Global ex-Canada Core Bond Hedged CAD Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 5.16% | 2.86% |
| Meets ESG criteria | No | No |
| Inception Date | September 26, 2024 | September 16, 2021 |
Frequently asked questions about XFLX and CGBI
Which ETF has performed better year to date: XFLX or CGBI?
As of September 2, 2026, XFLX has returned -1.06% year to date, while CGBI has returned -1.21%. XFLX is ahead on YTD performance.
Which ETF is larger by assets under management: XFLX or CGBI?
As of September 2, 2026, XFLX manages $380.96 M in assets, while CGBI manages $774.57 M. CGBI is the larger fund by AUM.
How are XFLX and CGBI managed?
XFLX is actively managed by iShares. It does not track an index. CGBI is passively managed by CIBC. It tracks the Morningstar Global ex-Canada Core Bond Hedged CAD Index - CAD benchmark.
What sectors do XFLX and CGBI emphasize?
XFLX is most exposed to Finance, Sovereign, and Industrials. CGBI is most exposed to Sovereign, Finance, and Industrials.
Which ETF is attracting more investor flows: XFLX or CGBI?
Year to date, XFLX has seen +$163.82 M in net flows, compared with +$164.64 M for CGBI. CGBI has attracted more net investor money so far.
How do the fees of XFLX and CGBI compare?
XFLX has an expense ratio of 0.57%, while CGBI has an expense ratio of 0.23%.
What are the top holdings of XFLX and CGBI?
XFLX's largest holdings include BlackRock Cash Funds - Institutional and Italy, BTP 2.85% 1feb2031, EUR. CGBI's top holdings include USA, Notes 0.875% 15nov2030, USD (F-2030) and USA, Notes 4.25% 15may2035, USD (C-2035).
Which ETF is more diversified: XFLX or CGBI?
XFLX holds 5704 securities, while CGBI holds 325. On holdings count, XFLX is the more diversified portfolio.
Recent articles about XFLX and CGBI
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