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Compare iShares Core Canadian Long Term Bond Index ETF (XLB) vs CIBC Canadian Short-Term Bond Index ETF (CSBI) to find the best fit for your portfolio. XLB provides Municipal, Sovereign, and Utilities exposures, while CSBI is primarily weighted in Sovereign, Finance, and Municipal. When evaluating costs, XLB features a management fee (MER) of 0.18%, compared to 0.07% for CSBI. Performance-wise, XLB has returned 3.26% year-to-date with -$65 M in net flows, whereas CSBI is at 0.48% with +$72 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
CSBI
| AuM | $726.89 M | $418.78 M |
| Management Fees | 0.18% | 0.07% |
| Exp. ratio | 0.20% | 0.08% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 29, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XLB | -1.90% | -6.35% | -3.26% | -4.62% | +11.25% |
CSBI | -0.67% | -0.92% | +0.48% | +0.58% | +12.92% | |
| Flows | XLB | +$14 M | +$35 M | -$65 M | -$82 M | -$12 M |
CSBI | +$5 M | +$24 M | +$72 M | +$403 M | +$420 M |
XLB vs CSBI exposure
Countries
XLB
Canada
98.26%
CSBI
Canada
97.08%
Sectors
XLB
Municipal
51.71%
Sovereign
19.48%
Utilities
10.74%
Other
18.07%
CSBI
Sovereign
38.44%
Finance
27.44%
Municipal
14.16%
Government Agencies
7.85%
Other
12.10%
As of September 29, 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%
CSBI
Canada, Bonds 2.25% 1feb2028, CAD
15.06%
Canada, Bonds 2.75% 1mar2030, CAD
6.24%
Canada, Bonds 2.75% 1mar2031, CAD
6.08%
Canada, Bond 0.5 1oct2030 10Y
5.04%
Canada, Bond 1.5 1jun2031 10Y
3.46%
CMHC, 1.75% 15jun2030, CAD (92)
2.89%
Canada Housing Trust, 3.7% 15jun2029, CAD (120)
2.73%
Canada, Bonds 4% 1mar2029, CAD
2.16%
Province of Ontario, 2.05% 2jun2030, CAD (DMTN243)
1.54%
Province of Ontario, 2.7% 2jun2029, CAD (DMTN240)
1.36%
Diversification
XLB
Total weight of top 10 holdings out of 626 total
23.35%
CSBI
Total weight of top 10 holdings out of 202 total
46.53%
Characteristics
Compare
XLB
CSBI
| Provider | iShares | CIBC |
| Management | Passively managed | Passively managed |
| Benchmark | FTSE Canada Long Term Overall Bond TR Index - CAD | FTSE Canada Short Term Overall 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% | 3.11% |
| Meets ESG criteria | No | No |
| Inception Date | November 6, 2006 | January 23, 2023 |
Frequently asked questions about XLB and CSBI
Which ETF has performed better year to date: XLB or CSBI?
As of September 29, 2026, XLB has returned -3.26% year to date, while CSBI has returned 0.48%. CSBI is ahead on YTD performance.
Which ETF is larger by assets under management: XLB or CSBI?
As of September 29, 2026, XLB manages $726.89 M in assets, while CSBI manages $418.78 M. XLB is the larger fund by AUM.
How are XLB and CSBI managed?
XLB is passively managed by iShares. It tracks the FTSE Canada Long Term Overall Bond TR Index - CAD benchmark. CSBI is passively managed by CIBC. It tracks the FTSE Canada Short Term Overall Bond TR Index - CAD benchmark.
What sectors do XLB and CSBI emphasize?
XLB is most exposed to Municipal, Sovereign, and Utilities. CSBI is most exposed to Sovereign, Finance, and Municipal.
Which ETF is attracting more investor flows: XLB or CSBI?
Year to date, XLB has seen -$65.23 M in net flows, compared with +$72.42 M for CSBI. CSBI has attracted more net investor money so far.
How do the fees of XLB and CSBI compare?
XLB has an expense ratio of 0.20%, while CSBI has an expense ratio of 0.08%.
What are the top holdings of XLB and CSBI?
XLB's largest holdings include Canada, Bonds 3.5% 1dec2057, CAD, Canada, Bond 2 1jan2051 30Y, and Canada, Bonds 2.75% 1dec2055, CAD. CSBI's top holdings include Canada, Bonds 2.25% 1feb2028, CAD, Canada, Bonds 2.75% 1mar2030, CAD, and Canada, Bonds 2.75% 1mar2031, CAD.
Which ETF is more diversified: XLB or CSBI?
XLB holds 624 securities, while CSBI holds 201. On holdings count, XLB is the more diversified portfolio.
Recent articles about XLB and CSBI
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