VS
Compare iShares 20+ Year U.S. Treasury Bond Index ETF (CAD-Hedged) (XTLH) vs TD U.S. Long Term Treasury Bond ETF (TULB) to find the best fit for your portfolio. XTLH provides Sovereign and Non-Corporate exposures, while TULB is primarily weighted in Sovereign. When evaluating costs, XTLH features a management fee (MER) of 0.18%, compared to 0.23% for TULB. Performance-wise, XTLH has returned 4.43% year-to-date with +$17 M in net flows, whereas TULB is at 2.8% with +$154 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
XTLH
TULB
| AuM | $280.47 M | $271.33 M |
| Management Fees | 0.18% | 0.23% |
| Exp. ratio | 0.18% | 0.23% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 2, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XTLH | -0.80% | -3.52% | -4.43% | -1.79% | -5.46% |
TULB | -0.63% | -3.18% | -2.80% | +0.44% | +2.67% | |
| Flows | XTLH | +$6 M | -$2 M | +$17 M | +$8 M | +$271 M |
TULB | +$21 M | +$53 M | +$154 M | +$186 M | +$162 M |
XTLH vs TULB exposure
Countries
XTLH
USA
98.67%
TULB
USA
99.89%
Sectors
XTLH
Sovereign
98.67%
TULB
Sovereign
99.89%
As of September 2, 2026
Top 10 Holdings
XTLH
USA, Bonds 4.125% 15aug2053, USD
4.62%
USA, Bonds 4.75% 15nov2053, USD
4.49%
USA, Bonds 4.75% 15may2055, USD
4.45%
USA, Bonds 4.625% 15may2054, USD
4.39%
USA, Bonds 4.25% 15feb2054, USD
4.07%
USA, Bonds 4.75% 15feb2056, USD
3.99%
USA, Bonds 4.25% 15aug2054, USD
3.98%
USA, Bonds 3.625% 15may2053, USD
3.85%
USA, Bonds 4.625% 15feb2055, USD
3.84%
USA, Bonds 2% 15aug2051, USD
3.75%
TULB
USA, Bonds 4.625% 15nov2055, USD
12.77%
USA, Bonds 4.75% 15feb2056, USD
12.38%
USA, Bonds 1.875% 15nov2051, USD
9.03%
USA, Bonds 4.75% 15may2055, USD
9.01%
USA, Bonds 2.25% 15aug2049, USD
8.83%
USA, Bonds 4% 15nov2052, USD
7.86%
USA, Bonds 4.75% 15nov2053, USD
7.34%
USA, Bonds 4.25% 15feb2054, USD
6.75%
USA, Bonds 5% 15may2056, USD
6.20%
USA, Bonds 4.5% 15nov2054, USD
5.34%
Diversification
XTLH
Total weight of top 10 holdings out of 47 total
41.44%
TULB
Total weight of top 10 holdings out of 18 total
85.51%
Characteristics
Compare
XTLH
TULB
| Provider | iShares | TD Asset Management |
| Management | Passively managed | Actively managed |
| Benchmark | ICE U.S. Treasury 20+ Year Bond Index - CAD Hedged | - |
| Replication Method | Direct (Physical) | |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 4.51% | 4.79% |
| Meets ESG criteria | No | No |
| Inception Date | February 7, 2023 | November 26, 2019 |
Frequently asked questions about XTLH and TULB
Which ETF has performed better year to date: XTLH or TULB?
As of September 2, 2026, XTLH has returned -4.43% year to date, while TULB has returned -2.80%. TULB is ahead on YTD performance.
Which ETF is larger by assets under management: XTLH or TULB?
As of September 2, 2026, XTLH manages $280.47 M in assets, while TULB manages $271.33 M. XTLH is the larger fund by AUM.
How are XTLH and TULB managed?
XTLH is passively managed by iShares. It tracks the ICE U.S. Treasury 20+ Year Bond Index - CAD Hedged benchmark. TULB is actively managed by TD Asset Management. It does not track an index.
What sectors do XTLH and TULB emphasize?
XTLH is most exposed to Sovereign and Non-Corporate. TULB is most exposed to Sovereign.
Which ETF is attracting more investor flows: XTLH or TULB?
Year to date, XTLH has seen +$17.09 M in net flows, compared with +$154.32 M for TULB. TULB has attracted more net investor money so far.
How do the fees of XTLH and TULB compare?
XTLH has an expense ratio of 0.18%, while TULB has an expense ratio of 0.23%.
What are the top holdings of XTLH and TULB?
XTLH's largest holdings include USA, Bonds 4.125% 15aug2053, USD, USA, Bonds 4.75% 15nov2053, USD, and USA, Bonds 4.75% 15may2055, USD. TULB's top holdings include USA, Bonds 4.625% 15nov2055, USD, USA, Bonds 4.75% 15feb2056, USD, and USA, Bonds 1.875% 15nov2051, USD.
Which ETF is more diversified: XTLH or TULB?
XTLH holds 47 securities, while TULB holds 18. On holdings count, XTLH is the more diversified portfolio.
Recent articles about XTLH and TULB
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