VS
Compare iShares Canadian Short Term Bond Index ETF (XSB) vs Desjardins Canadian Short Term Bond Index ETF (DCS) to find the best fit for your portfolio. XSB and DCS provide the same top sector exposures: Sovereign, Finance, and Municipal. When evaluating costs, XSB features a management fee (MER) of 0.09%, compared to 0.07% for DCS. Performance-wise, XSB has returned 0.91% year-to-date with +$993 M in net flows, whereas DCS is at 0.79% with +$8 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
XSB
DCS
| AuM | $4,515.13 M | $49.11 M |
| Management Fees | 0.09% | 0.07% |
| Exp. ratio | 0.10% | 0.08% |
| Tracking Difference | - | -0.06% |
Historical performance and flows
As of September 8, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XSB | -0.02% | +0.12% | +0.91% | +1.54% | +14.72% |
DCS | -0.13% | -0.02% | +0.79% | +1.42% | +14.17% | |
| Flows | XSB | +$88 M | +$330 M | +$993 M | +$1,451 M | +$2,141 M |
DCS | -$4 M | -$2 M | +$8 M | +$15 M | +$36 M |
XSB vs DCS exposure
Countries
XSB
Canada
97.14%
DCS
Canada
96.95%
Sectors
XSB
Sovereign
38.72%
Finance
24.56%
Municipal
15.05%
Government Agencies
9.87%
Other
11.80%
DCS
Sovereign
41.18%
Finance
21.92%
Municipal
14.24%
Government Agencies
12.23%
Other
10.44%
As of September 8, 2026
Top 10 Holdings
XSB
Canada, Bonds 2.75% 1mar2031, CAD
3.53%
Canada, Bonds 2.75% 1sep2030, CAD
3.52%
Canada, Bonds 2.75% 1mar2030, CAD
2.78%
Canada, Bonds 3.5% 1sep2029, CAD
2.62%
Canada, Bonds 2.25% 1feb2028, CAD
2.58%
Canada, Bonds 2.5% 1nov2027, CAD
2.53%
Canada, Bond 1.5 1jun2031 10Y
2.50%
Canada, Bonds 2.5% 1may2028, CAD
2.44%
Canada, Bonds 4% 1mar2029, CAD
2.40%
Canada, Bonds 2.5% 1aug2027, CAD
2.20%
DCS
Canada, Bonds 2.75% 1sep2030, CAD
3.44%
Canada, Bond 1.25 1jun2030 10Y
3.43%
Canada, Bonds 2.75% 1mar2031, CAD
3.37%
Canada, Bond 0.5 1oct2030 10Y
2.91%
Canada, Bonds 2.75% 1mar2030, CAD
2.66%
Canada, Bonds 3.5% 1sep2029, CAD
2.54%
Canada, Bonds 2.25% 1feb2028, CAD
2.51%
Canada, Bonds 2.5% 1aug2027, CAD
2.46%
Canada, Bonds 2.5% 1nov2027, CAD
2.42%
Canada, Bonds 2.5% 1may2028, CAD
2.35%
Diversification
XSB
Total weight of top 10 holdings out of 758 total
27.10%
DCS
Total weight of top 10 holdings out of 556 total
28.08%
Characteristics
Compare
XSB
DCS
| Provider | iShares | Desjardins Investments |
| Management | Passively managed | Passively managed |
| Benchmark | FTSE Canada Short Term Overall Bond TR Index - CAD | Solactive Short-Term Canadian Bond Universe Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.11% | 2.96% |
| Meets ESG criteria | No | No |
| Inception Date | November 20, 2000 | April 3, 2017 |
Frequently asked questions about XSB and DCS
Which ETF has performed better year to date: XSB or DCS?
As of September 8, 2026, XSB has returned 0.91% year to date, while DCS has returned 0.79%. XSB is ahead on YTD performance.
Which ETF is larger by assets under management: XSB or DCS?
As of September 8, 2026, XSB manages $4.52 B in assets, while DCS manages $49.11 M. XSB is the larger fund by AUM.
How are XSB and DCS managed?
XSB is passively managed by iShares. It tracks the FTSE Canada Short Term Overall Bond TR Index - CAD benchmark. DCS is passively managed by Desjardins Investments. It tracks the Solactive Short-Term Canadian Bond Universe Total Return Index - CAD benchmark.
What sectors do XSB and DCS emphasize?
XSB is most exposed to Sovereign, Finance, and Municipal. DCS is most exposed to Sovereign, Finance, and Municipal.
Which ETF is attracting more investor flows: XSB or DCS?
Year to date, XSB has seen +$993.43 M in net flows, compared with +$7.66 M for DCS. XSB has attracted more net investor money so far.
How do the fees of XSB and DCS compare?
XSB has an expense ratio of 0.10%, while DCS has an expense ratio of 0.08%.
What are the top holdings of XSB and DCS?
XSB's largest holdings include Canada, Bonds 2.75% 1mar2031, CAD, Canada, Bonds 2.75% 1sep2030, CAD, and Canada, Bonds 2.75% 1mar2030, CAD. DCS's top holdings include Canada, Bonds 2.75% 1sep2030, CAD, Canada, Bond 1.25 1jun2030 10Y, and Canada, Bonds 2.75% 1mar2031, CAD.
Which ETF is more diversified: XSB or DCS?
XSB holds 758 securities, while DCS holds 556. On holdings count, XSB is the more diversified portfolio.
Recent articles about XSB and DCS
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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.