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Compare iShares Canadian Short Term Bond Index ETF (XSB) vs iShares Core Canadian 1-10 Year Bond Index ETF (XSMB) to find the best fit for your portfolio. XSB provides Sovereign, Finance, and Municipal exposures, while XSMB is primarily weighted in Sovereign, Municipal, and Finance. When evaluating costs, XSB features a management fee (MER) of 0.09%, compared to 0.15% for XSMB. Performance-wise, XSB has returned 0.91% year-to-date with +$993 M in net flows, whereas XSMB is at 0.6% with +$0 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
XSMB
| AuM | $4,515.13 M | $9.84 M |
| Management Fees | 0.09% | 0.15% |
| Exp. ratio | 0.10% | 0.17% |
| Tracking Difference | - | - |
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% |
XSMB | -0.13% | -0.22% | +0.60% | +0.99% | - | |
| Flows | XSB | +$88 M | +$330 M | +$993 M | +$1,451 M | +$2,141 M |
XSMB | +$0 M | +$0 M | +$0 M | -$2 M | - |
XSB vs XSMB exposure
Countries
XSB
Canada
97.14%
XSMB
Canada
96.97%
Sectors
XSB
Sovereign
38.72%
Finance
24.56%
Municipal
15.05%
Government Agencies
9.87%
Other
11.80%
XSMB
Sovereign
39.05%
Municipal
21.64%
Finance
16.88%
Government Agencies
9.65%
Other
12.78%
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%
XSMB
Canada, Bonds 4% 1mar2029, CAD
3.15%
Canada, Bond 0.5 1oct2030 10Y
2.48%
Canada, Bonds 3.25% 1dec2035, CAD
2.47%
Canada, Bonds 2.75% 1sep2027, CAD
2.19%
Canada, Bonds 3% 1jun2034, CAD
2.06%
Canada, Bond 1.5 1jun2031 10Y
2.05%
CPPIB Capital, 3.6% 2jun2029, CAD (61)
2.05%
Canada, Bonds 2.75% 1jun2033, CAD
2.05%
Canada, Bonds 2.25% 1feb2028, CAD
2.02%
Canada, Bonds 2.5% 1may2028, CAD
2.02%
Diversification
XSB
Total weight of top 10 holdings out of 758 total
27.10%
XSMB
Total weight of top 10 holdings out of 304 total
22.54%
Characteristics
Compare
XSB
XSMB
| Provider | iShares | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | FTSE Canada Short Term Overall Bond TR Index - CAD | FTSE Canada Short-Mid Universe Bond 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% | 3.46% |
| Meets ESG criteria | No | No |
| Inception Date | November 20, 2000 | May 28, 2025 |
Frequently asked questions about XSB and XSMB
Which ETF has performed better year to date: XSB or XSMB?
As of September 8, 2026, XSB has returned 0.91% year to date, while XSMB has returned 0.60%. XSB is ahead on YTD performance.
Which ETF is larger by assets under management: XSB or XSMB?
As of September 8, 2026, XSB manages $4.52 B in assets, while XSMB manages $9.84 M. XSB is the larger fund by AUM.
How are XSB and XSMB managed?
XSB is passively managed by iShares. It tracks the FTSE Canada Short Term Overall Bond TR Index - CAD benchmark. XSMB is passively managed by iShares. It tracks the FTSE Canada Short-Mid Universe Bond GTR Index - CAD benchmark.
What sectors do XSB and XSMB emphasize?
XSB is most exposed to Sovereign, Finance, and Municipal. XSMB is most exposed to Sovereign, Municipal, and Finance.
Which ETF is attracting more investor flows: XSB or XSMB?
Year to date, XSB has seen +$993.43 M in net flows, compared with +$0.00 M for XSMB. XSB has attracted more net investor money so far.
How do the fees of XSB and XSMB compare?
XSB has an expense ratio of 0.10%, while XSMB has an expense ratio of 0.17%.
What are the top holdings of XSB and XSMB?
XSB's largest holdings include Canada, Bonds 2.75% 1mar2031, CAD, Canada, Bonds 2.75% 1sep2030, CAD, and Canada, Bonds 2.75% 1mar2030, CAD. XSMB's top holdings include Canada, Bonds 4% 1mar2029, CAD, Canada, Bond 0.5 1oct2030 10Y, and Canada, Bonds 3.25% 1dec2035, CAD.
Which ETF is more diversified: XSB or XSMB?
XSB holds 758 securities, while XSMB holds 304. On holdings count, XSB is the more diversified portfolio.
Recent articles about XSB and XSMB
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