VS
Compare iShares Canadian Short Term Bond Index ETF (XSB) vs TD Canadian Aggregate Bond Index ETF (TDB) to find the best fit for your portfolio. XSB provides Sovereign, Finance, and Municipal exposures, while TDB is primarily weighted in Sovereign, Municipal, and Finance. When evaluating costs, XSB features a management fee (MER) of 0.09%, compared to 0.08% for TDB. Performance-wise, XSB has returned 0.91% year-to-date with +$993 M in net flows, whereas TDB is at 0.28% with +$1 B. 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
TDB
| AuM | $4,515.13 M | $4,226.08 M |
| Management Fees | 0.09% | 0.08% |
| Exp. ratio | 0.10% | 0.08% |
| Tracking Difference | - | -0.11% |
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% |
TDB | -0.51% | -1.37% | -0.28% | -0.01% | +12.82% | |
| Flows | XSB | +$88 M | +$330 M | +$993 M | +$1,451 M | +$2,141 M |
TDB | +$154 M | +$458 M | +$1,473 M | +$1,993 M | +$3,263 M |
XSB vs TDB exposure
Countries
XSB
Canada
97.14%
TDB
Canada
97.24%
Sectors
XSB
Sovereign
38.72%
Finance
24.56%
Municipal
15.05%
Government Agencies
9.87%
Other
11.80%
TDB
Sovereign
35.79%
Municipal
27.42%
Finance
11.62%
Government Agencies
10.25%
Other
14.93%
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%
TDB
Canada, Bonds 3.25% 1jun2036, CAD
1.60%
Canada, Bonds 3.25% 1dec2035, CAD
1.52%
Canada, Bonds 2.75% 1sep2030, CAD
1.42%
Canada, Bond 1.5 1jun2031 10Y
1.35%
Canada, Bonds 1.5% 1dec2031 10Y
1.35%
Canada, Bond 1.25 1jun2030 10Y
1.26%
Canada, Bonds 2.75% 1mar2031, CAD
1.23%
Canada, Bonds 3.25% 1jun2035, CAD
1.23%
Canada, Bonds 3.5% 1dec2057, CAD
1.23%
Canada, Bonds 2.5% 1aug2027, CAD
1.21%
Diversification
XSB
Total weight of top 10 holdings out of 758 total
27.10%
TDB
Total weight of top 10 holdings out of 1,585 total
13.40%
Characteristics
Compare
XSB
TDB
| Provider | iShares | TD Asset Management |
| Management | Passively managed | Passively managed |
| Benchmark | FTSE Canada Short Term Overall Bond TR Index - CAD | Solactive Broad Canadian Bond Universe GTR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.11% | 3.49% |
| Meets ESG criteria | No | No |
| Inception Date | November 20, 2000 | March 22, 2016 |
Frequently asked questions about XSB and TDB
Which ETF has performed better year to date: XSB or TDB?
As of September 8, 2026, XSB has returned 0.91% year to date, while TDB has returned -0.28%. XSB is ahead on YTD performance.
Which ETF is larger by assets under management: XSB or TDB?
As of September 8, 2026, XSB manages $4.52 B in assets, while TDB manages $4.23 B. XSB is the larger fund by AUM.
How are XSB and TDB managed?
XSB is passively managed by iShares. It tracks the FTSE Canada Short Term Overall Bond TR Index - CAD benchmark. TDB is passively managed by TD Asset Management. It tracks the Solactive Broad Canadian Bond Universe GTR Index - CAD benchmark.
What sectors do XSB and TDB emphasize?
XSB is most exposed to Sovereign, Finance, and Municipal. TDB is most exposed to Sovereign, Municipal, and Finance.
Which ETF is attracting more investor flows: XSB or TDB?
Year to date, XSB has seen +$993.43 M in net flows, compared with +$1,473.21 M for TDB. TDB has attracted more net investor money so far.
How do the fees of XSB and TDB compare?
XSB has an expense ratio of 0.10%, while TDB has an expense ratio of 0.08%.
What are the top holdings of XSB and TDB?
XSB's largest holdings include Canada, Bonds 2.75% 1mar2031, CAD, Canada, Bonds 2.75% 1sep2030, CAD, and Canada, Bonds 2.75% 1mar2030, CAD. TDB's top holdings include Canada, Bonds 3.25% 1jun2036, CAD, Canada, Bonds 3.25% 1dec2035, CAD, and Canada, Bonds 2.75% 1sep2030, CAD.
Which ETF is more diversified: XSB or TDB?
XSB holds 758 securities, while TDB holds 1582. On holdings count, TDB is the more diversified portfolio.
Recent articles about XSB and TDB
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