XSB.TO vs. TUSB.TO
XSB.TO (iShares Core Canadian Short Term Bond Index ETF) and TUSB.TO (TD Select U.S. Short Term Corporate Bond Ladder ETF) are both Short-Term Bond funds. XSB.TO is passively managed, while TUSB.TO is actively managed. Over the past 5 years, XSB.TO returned 2.08%/yr vs 5.41%/yr for TUSB.TO. At a 0.17 correlation, their price movements are largely independent.
Performance
XSB.TO vs. TUSB.TO - Performance Comparison
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Returns By Period
In the year-to-date period, XSB.TO achieves a 1.21% return, which is significantly lower than TUSB.TO's 3.41% return.
XSB.TO
- 1D
- 0.15%
- 1M
- -0.00%
- 6M
- 0.91%
- YTD
- 1.21%
- 1Y
- 3.45%
- 3Y*
- 4.89%
- 5Y*
- 2.08%
- 10Y*
- 1.98%
TUSB.TO
- 1D
- -0.21%
- 1M
- 0.48%
- 6M
- 1.98%
- YTD
- 3.41%
- 1Y
- 6.93%
- 3Y*
- 7.96%
- 5Y*
- 5.41%
- 10Y*
- —
XSB.TO vs. TUSB.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
XSB.TO iShares Core Canadian Short Term Bond Index ETF | 1.21% | 3.70% | 5.87% | 4.67% | -4.04% | -1.11% | 5.20% | 3.20% | 1.22% |
TUSB.TO TD Select U.S. Short Term Corporate Bond Ladder ETF | 3.41% | 2.39% | 14.59% | 3.52% | 1.39% | -2.53% | 3.22% | 1.54% | 3.47% |
Correlation
The correlation between XSB.TO and TUSB.TO is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Nov 14, 2018 | 0.17 |
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Return for Risk
XSB.TO vs. TUSB.TO — Risk / Return Rank
XSB.TO
TUSB.TO
XSB.TO vs. TUSB.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core Canadian Short Term Bond Index ETF (XSB.TO) and TD Select U.S. Short Term Corporate Bond Ladder ETF (TUSB.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| XSB.TO | TUSB.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.18 | ||
| Sortino ratioReturn per unit of downside risk | +0.20 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.28 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.35 | 1.92 | +0.43 |
| Martin ratioReturn relative to average drawdown | 7.96 | 4.86 | +3.10 |
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Drawdowns
XSB.TO vs. TUSB.TO - Drawdown Comparison
The maximum XSB.TO drawdown since its inception was -8.65%, smaller than the maximum TUSB.TO drawdown of -11.97%. Use the drawdown chart below to compare losses from any high point for XSB.TO and TUSB.TO.
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Drawdown Indicators
| XSB.TO | TUSB.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.65% | -11.97% | +3.32% |
Max Drawdown (1Y)Largest decline over 1 year | -1.47% | -3.62% | +2.15% |
Max Drawdown (3Y)Largest decline over 3 years | -1.47% | -5.20% | +3.73% |
Max Drawdown (5Y)Largest decline over 5 years | -6.99% | -7.56% | +0.57% |
Max Drawdown (10Y)Largest decline over 10 years | -8.65% | — | — |
Current DrawdownCurrent decline from peak | -0.30% | -1.37% | +1.07% |
Average DrawdownAverage peak-to-trough decline | -0.79% | -3.46% | +2.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.43% | 1.43% | -1.00% |
Volatility
XSB.TO vs. TUSB.TO - Volatility Comparison
The current volatility for iShares Core Canadian Short Term Bond Index ETF (XSB.TO) is 0.61%, while TD Select U.S. Short Term Corporate Bond Ladder ETF (TUSB.TO) has a volatility of 1.23%. This indicates that XSB.TO experiences smaller price fluctuations and is considered to be less risky than TUSB.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XSB.TO | TUSB.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.61% | 1.23% | -0.62% |
Volatility (6M)Calculated over the trailing 6-month period | 1.70% | 3.37% | -1.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.03% | 4.53% | -2.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.73% | 6.53% | -3.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.40% | 6.72% | -3.32% |
Dividends
XSB.TO vs. TUSB.TO - Dividend Comparison
XSB.TO's dividend yield for the trailing twelve months is around 3.10%, less than TUSB.TO's 4.57% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TUSB.TO TD Select U.S. Short Term Corporate Bond Ladder ETF | 4.57% | 5.05% | 4.92% | 5.35% | 3.54% | 3.43% | 5.07% | 4.48% | 0.55% | 0.00% | 0.00% | 0.00% |
XSB.TO iShares Core Canadian Short Term Bond Index ETF | 3.10% | 3.15% | 3.05% | 2.67% | 2.28% | 2.05% | 2.21% | 2.39% | 2.39% | 2.36% | 2.36% | 2.50% |
Frequently Asked Questions
XSB.TO and TUSB.TO have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
They also come from different issuers: iShares and TD.
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