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Compare iShares Canadian Short Term Bond Index ETF (XSB) vs iShares Canadian Universe Bond Index ETF (XBB) to find the best fit for your portfolio. XSB provides Sovereign, Finance, and Municipal exposures, while XBB is primarily weighted in Sovereign, Municipal, and Finance. When evaluating costs, XSB features a management fee (MER) of 0.09%, compared to 0.09% for XBB. Performance-wise, XSB has returned 0.92% year-to-date with +$1 B in net flows, whereas XBB is at 0.31% with +$2 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
XBB
| AuM | $4,546.72 M | $10,937.11 M |
| Management Fees | 0.09% | 0.09% |
| Exp. ratio | 0.10% | 0.10% |
| Tracking Difference | - | - |
Historical performance and flows
As of October 23, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XSB | +0.51% | +0.05% | +0.92% | +0.86% | +14.65% |
XBB | +0.95% | -0.24% | +0.31% | -0.63% | +15.55% | |
| Flows | XSB | -$21 M | +$276 M | +$1,036 M | +$1,296 M | +$2,284 M |
XBB | +$95 M | +$1,008 M | +$2,066 M | +$2,616 M | +$4,793 M |
XSB vs XBB exposure
Countries
XSB
Canada
96.30%
XBB
Canada
96.80%
Sectors
XSB
Sovereign
37.37%
Finance
24.58%
Municipal
15.20%
Government Agencies
10.03%
Other
12.82%
XBB
Sovereign
33.82%
Municipal
28.72%
Finance
14.06%
Government Agencies
7.21%
Other
16.19%
As of October 23, 2026
Top 10 Holdings
XSB
Canada, Bonds 2.75% 1sep2030, CAD
3.54%
Canada, Bonds 2.75% 1mar2031, CAD
3.52%
Canada, Bonds 2.75% 1mar2030, CAD
2.81%
Canada, Bonds 3.5% 1sep2029, CAD
2.64%
Canada, Bonds 2.25% 1feb2028, CAD
2.55%
Canada, Bond 1.5 1jun2031 10Y
2.54%
Canada, Bonds 2.5% 1may2028, CAD
2.47%
Canada, Bonds 2.5% 1nov2027, CAD
2.47%
Canada, Bonds 2.75% 1aug2028, CAD
2.39%
Canada, Bonds 4% 1mar2029, CAD
2.37%
XBB
Canada, Bonds 2.75% 1sep2030, CAD
1.54%
Canada, Bonds 2.75% 1mar2031, CAD
1.52%
Canada, Bonds 3.25% 1dec2035, CAD
1.50%
Canada, Bonds 3.25% 1jun2036, CAD
1.46%
Canada, Bonds 3.25% 1jun2035, CAD
1.40%
Canada, Bonds 3% 1sep2031, CAD
1.28%
Canada, Bonds 2.75% 1mar2030, CAD
1.21%
Canada, Bonds 3% 1jun2034, CAD
1.21%
Canada, Bonds 3.5% 1dec2057, CAD
1.16%
Canada, Bonds 3.5% 1sep2029, CAD
1.14%
Diversification
XSB
Total weight of top 10 holdings out of 770 total
27.28%
XBB
Total weight of top 10 holdings out of 1,904 total
13.40%
Characteristics
Compare
XSB
XBB
| Provider | iShares | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | FTSE Canada Short 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 | 3.11% | 3.51% |
| Meets ESG criteria | No | No |
| Inception Date | November 20, 2000 | November 20, 2000 |
Frequently asked questions about XSB and XBB
Which ETF has performed better year to date: XSB or XBB?
As of October 23, 2026, XSB has returned 0.92% year to date, while XBB has returned 0.31%. XSB is ahead on YTD performance.
Which ETF is larger by assets under management: XSB or XBB?
As of October 23, 2026, XSB manages $4.55 B in assets, while XBB manages $10.94 B. XBB is the larger fund by AUM.
How are XSB and XBB managed?
XSB is passively managed by iShares. It tracks the FTSE Canada Short Term Overall Bond TR Index - CAD benchmark. XBB is passively managed by iShares. It tracks the FTSE Canada Universe Bond TR Index - CAD benchmark.
What sectors do XSB and XBB emphasize?
XSB is most exposed to Sovereign, Finance, and Municipal. XBB is most exposed to Sovereign, Municipal, and Finance.
Which ETF is attracting more investor flows: XSB or XBB?
Year to date, XSB has seen +$1,035.92 M in net flows, compared with +$2,065.62 M for XBB. XBB has attracted more net investor money so far.
How do the fees of XSB and XBB compare?
XSB has an expense ratio of 0.10%, while XBB has an expense ratio of 0.10%.
What are the top holdings of XSB and XBB?
XSB's largest holdings include Canada, Bonds 2.75% 1sep2030, CAD, Canada, Bonds 2.75% 1mar2031, CAD, and Canada, Bonds 2.75% 1mar2030, CAD. XBB's top holdings include Canada, Bonds 2.75% 1sep2030, CAD, Canada, Bonds 2.75% 1mar2031, CAD, and Canada, Bonds 3.25% 1dec2035, CAD.
Which ETF is more diversified: XSB or XBB?
XSB holds 759 securities, while XBB holds 1878. On holdings count, XBB is the more diversified portfolio.
Recent articles about XSB and XBB
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