VS
Compare iShares Core Canadian Long Term Bond Index ETF (XLB) vs CI Canadian Aggregate Bond Index ETF (CAGG) to find the best fit for your portfolio. XLB provides Municipal, Sovereign, and Utilities exposures, while CAGG is primarily weighted in Sovereign, Municipal, and Finance. When evaluating costs, XLB features a management fee (MER) of 0.18%, compared to 0.18% for CAGG. Performance-wise, XLB has returned 3.25% year-to-date with -$65 M in net flows, whereas CAGG is at 0.55% with -$131 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
XLB
CAGG
| AuM | $726.98 M | $816.42 M |
| Management Fees | 0.18% | 0.18% |
| Exp. ratio | 0.20% | 0.07% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 30, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XLB | -1.89% | -6.37% | -3.25% | -4.62% | +11.25% |
CAGG | -0.89% | -2.26% | -0.55% | -0.72% | +15.30% | |
| Flows | XLB | +$14 M | +$55 M | -$65 M | -$82 M | -$12 M |
CAGG | +$107 M | +$75 M | -$131 M | -$302 M | +$821 M |
XLB vs CAGG exposure
Countries
XLB
Canada
98.26%
CAGG
Canada
97.64%
Sectors
XLB
Municipal
51.71%
Sovereign
19.48%
Utilities
10.74%
Other
18.07%
CAGG
Sovereign
33.80%
Municipal
29.20%
Finance
13.80%
Government Agencies
7.81%
Other
15.41%
As of September 30, 2026
Top 10 Holdings
XLB
Canada, Bonds 3.5% 1dec2057, CAD
4.72%
Canada, Bond 2 1jan2051 30Y
3.14%
Canada, Bonds 2.75% 1dec2055, CAD
3.05%
Canada, Bond 1.75 1dec2053 30Y
2.40%
Province of Quebec, 4.4% 1dec2055, CAD (B133)
2.04%
Province of Ontario, 3.45% 2jun2045, CAD (DMTN220)
1.75%
Province of Ontario, 4.45% 2dec2056, CAD
1.69%
Province of Quebec, 3.1% 1dec2051, CAD (B125-01)
1.58%
Province of Quebec, 4.2% 1dec2057, CAD (B137)
1.57%
Province of Ontario, 4.7% 2jun2037, CAD (DMTN164)
1.41%
CAGG
Canada, Bonds 2.75% 1sep2030, CAD
2.81%
Canada, Bond 1.5 1jun2031 10Y
2.37%
Canada, Bonds 3.25% 1jun2035, CAD
2.34%
Canada, Bonds 2.75% 1mar2030, CAD
2.17%
Canada, Bonds 3.25% 1dec2035, CAD
2.13%
Canada, Bonds 3.25% 1dec2034, CAD
1.92%
Canada, Bonds 2.75% 1mar2031, CAD
1.59%
Canada, Bonds 4% 1mar2029, CAD
1.54%
Canada, Bond 1.25 1jun2030 10Y
1.35%
Canada, Bonds 3% 1jun2034, CAD
1.13%
Diversification
XLB
Total weight of top 10 holdings out of 626 total
23.35%
CAGG
Total weight of top 10 holdings out of 1,129 total
19.35%
Characteristics
Compare
XLB
CAGG
| Provider | iShares | CI |
| Management | Passively managed | Passively managed |
| Benchmark | FTSE Canada Long Term Overall Bond TR Index - CAD | FTSE Canada Universe Bond TR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 4.32% | 3.70% |
| Meets ESG criteria | No | No |
| Inception Date | November 6, 2006 | June 22, 2017 |
Frequently asked questions about XLB and CAGG
Which ETF has performed better year to date: XLB or CAGG?
As of September 30, 2026, XLB has returned -3.25% year to date, while CAGG has returned -0.55%. CAGG is ahead on YTD performance.
Which ETF is larger by assets under management: XLB or CAGG?
As of September 30, 2026, XLB manages $726.98 M in assets, while CAGG manages $816.42 M. CAGG is the larger fund by AUM.
How are XLB and CAGG managed?
XLB is passively managed by iShares. It tracks the FTSE Canada Long Term Overall Bond TR Index - CAD benchmark. CAGG is passively managed by CI. It tracks the FTSE Canada Universe Bond TR Index - CAD benchmark.
What sectors do XLB and CAGG emphasize?
XLB is most exposed to Municipal, Sovereign, and Utilities. CAGG is most exposed to Sovereign, Municipal, and Finance.
Which ETF is attracting more investor flows: XLB or CAGG?
Year to date, XLB has seen -$65.23 M in net flows, compared with -$131.36 M for CAGG. XLB has attracted more net investor money so far.
How do the fees of XLB and CAGG compare?
XLB has an expense ratio of 0.20%, while CAGG has an expense ratio of 0.07%.
What are the top holdings of XLB and CAGG?
XLB's largest holdings include Canada, Bonds 3.5% 1dec2057, CAD, Canada, Bond 2 1jan2051 30Y, and Canada, Bonds 2.75% 1dec2055, CAD. CAGG's top holdings include Canada, Bonds 2.75% 1sep2030, CAD, Canada, Bond 1.5 1jun2031 10Y, and Canada, Bonds 3.25% 1jun2035, CAD.
Which ETF is more diversified: XLB or CAGG?
XLB holds 624 securities, while CAGG holds 1127. On holdings count, CAGG is the more diversified portfolio.
Recent articles about XLB and CAGG
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