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Compare iShares Core Canadian Short Term Corporate + Maple Bond Index ETF (XSH) vs CIBC 2029 Investment Grade Bond Fund (CTBE) to find the best fit for your portfolio. XSH and CTBE provide the same top sector exposures: Finance, Energy, and Utilities. When evaluating costs, XSH features a management fee (MER) of 0.09%, compared to 0.15% for CTBE. Performance-wise, XSH has returned 0.86% year-to-date with +$812 M in net flows, whereas CTBE is at 0.53% with +$41 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
XSH
CTBE
| AuM | $2,960.81 M | $77.11 M |
| Management Fees | 0.09% | 0.15% |
| Exp. ratio | 0.10% | 0.22% |
| Tracking Difference | -0.12% | - |
Historical performance and flows
As of September 15, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XSH | -0.61% | -0.64% | +0.86% | +1.67% | +18.20% |
CTBE | -0.68% | -0.74% | +0.53% | +0.93% | - | |
| Flows | XSH | +$252 M | +$551 M | +$812 M | +$1,316 M | +$1,846 M |
CTBE | +$2 M | +$17 M | +$41 M | +$51 M | - |
XSH vs CTBE exposure
Countries
XSH
Canada
89.67%
USA
7.53%
CTBE
Canada
90.58%
USA
8.34%
Sectors
XSH
Finance
63.09%
Energy
8.24%
Other
28.67%
CTBE
Finance
29.49%
Energy
17.43%
Utilities
15.24%
Telecommunications
10.56%
Consumer Non-Cyclicals
9.59%
Other
17.69%
As of September 15, 2026
Top 10 Holdings
XSH
Bank of Nova Scotia, 3.61% 30jan2032, CAD
0.88%
Royal Bank of Canada, 3.572% 9dec2031, CAD
0.85%
CIBC, 3.65% 13jan2032, CAD
0.75%
Bank of Nova Scotia, 3.734% 27jun2031, CAD
0.72%
Toronto-Dominion Bank, 3.687% 9jan2032, CAD
0.72%
Royal Bank of Canada, 4.632% 1may2028, CAD
0.70%
Amazon.com, 3.7% 12jun2031, CAD
0.69%
Bank of Montreal, 3.19% 1mar2028, CAD
0.68%
Bank of Montreal, 4.709% 7dec2027, CAD
0.68%
Toronto-Dominion Bank, 3.605% 10sep2031, CAD
0.67%
CTBE
Province of Ontario, 1.55% 1nov2029, CAD (DMTN251)
5.63%
Canada Pension Plan Investment Board, 1.95% 30sep2029, CAD (14)
4.96%
SmartCentres REIT, 3.526% 20dec2029, CAD
4.96%
Ontario Power Generation, 2.977% 13sep2029, CAD (4)
4.90%
Allied Properties REIT, 3.394% 15aug2029, CAD (D)
4.90%
TransCanada PipeLines, 3% 18sep2029, CAD
4.87%
AIMCo Realty Investors LP, 2.712% 1jun2029, CAD
4.83%
Nestle Holdings, 2.192% 26jan2029, CAD (114)
4.80%
Dollarama Inc., 2.443% 9jul2029, CAD
4.79%
CT Real Estate Investment Trust, 3.029% 5feb2029, CAD (H)
4.58%
Diversification
XSH
Total weight of top 10 holdings out of 639 total
7.35%
CTBE
Total weight of top 10 holdings out of 30 total
49.23%
Characteristics
Compare
XSH
CTBE
| Provider | iShares | CIBC |
| Management | Passively managed | Actively managed |
| Benchmark | FTSE Canada Universe + Maple Short Term Corporate Bond TR Index - CAD | - |
| Replication Method | Direct (Physical) | |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.99% | 2.51% |
| Meets ESG criteria | No | No |
| Inception Date | September 13, 2011 | July 16, 2024 |
Frequently asked questions about XSH and CTBE
Which ETF has performed better year to date: XSH or CTBE?
As of September 15, 2026, XSH has returned 0.86% year to date, while CTBE has returned 0.53%. XSH is ahead on YTD performance.
Which ETF is larger by assets under management: XSH or CTBE?
As of September 15, 2026, XSH manages $2.96 B in assets, while CTBE manages $77.11 M. XSH is the larger fund by AUM.
How are XSH and CTBE managed?
XSH is passively managed by iShares. It tracks the FTSE Canada Universe + Maple Short Term Corporate Bond TR Index - CAD benchmark. CTBE is actively managed by CIBC. It does not track an index.
What sectors do XSH and CTBE emphasize?
XSH is most exposed to Finance, Energy, and Utilities. CTBE is most exposed to Finance, Energy, and Utilities.
Which ETF is attracting more investor flows: XSH or CTBE?
Year to date, XSH has seen +$811.68 M in net flows, compared with +$40.83 M for CTBE. XSH has attracted more net investor money so far.
How do the fees of XSH and CTBE compare?
XSH has an expense ratio of 0.10%, while CTBE has an expense ratio of 0.22%.
What are the top holdings of XSH and CTBE?
XSH's largest holdings include Bank of Nova Scotia, 3.61% 30jan2032, CAD, Royal Bank of Canada, 3.572% 9dec2031, CAD, and CIBC, 3.65% 13jan2032, CAD. CTBE's top holdings include Province of Ontario, 1.55% 1nov2029, CAD (DMTN251), Canada Pension Plan Investment Board, 1.95% 30sep2029, CAD (14), and SmartCentres REIT, 3.526% 20dec2029, CAD.
Which ETF is more diversified: XSH or CTBE?
XSH holds 639 securities, while CTBE holds 30. On holdings count, XSH is the more diversified portfolio.
Recent articles about XSH and CTBE
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