ETF Comparison

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VAB Vanguard

Vanguard Canadian Aggregate Bond Index ETF

Fixed Income (Canadian)
MER
0.08%
Yield
3.60%
Price
$22.64
Holdings
242
AUM
$7.8B
Inception
Nov 2011
Asset Allocation
100%
Bonds 100%
ZDB BMO

BMO Discount Bond Index ETF

Fixed Income (Canadian)
MER
0.10%
Yield
1.75%
Price
$15.09
Holdings
202
AUM
$1.5B
Inception
Feb 2014
Asset Allocation
100%
Bonds 100%

Performance Comparison

ETF 1M 3M 6M YTD 1Y 3Y 5Y 10Y Since Inception
VAB 1.59% 0.09% — 0.55% -0.56% 4.98% 0.67% 1.34% 2.19% (Nov 2011)
ZDB 1.47% -0.03% 0.20% 0.42% -0.69% 4.89% 0.56% 1.36% 2.15% (Feb 2014)
3Y, 5Y, 10Y, and Since Inception returns are annualized.

Calendar Year Returns

Last six full-calendar years

ETF 2025 2024 2023 2022 2021 2020
VAB 2.30% 3.95% 6.89% -11.88% -2.85% 8.60%
ZDB 2.24% 4.13% 6.59% -11.95% -2.66% 9.30%

Growth of $10,000

Initial Investment
$
Monthly Contribution
$

TWR = Time-Weighted Return (measures fund performance). MWRR = Money-Weighted Return (measures your personal return including contribution timing). Past performance does not guarantee future results.

VAB — Mix

Geographic Allocation
Canada 95.7%
Canada 95.7%
United States 3.2%
United States 3.2%
Supranational 0.4%
Supranational 0.4%
United Kingdom 0.3%
United Kingdom 0.3%

Top 10 Holdings

Latest reported top holdings for each ETF

VAB Vanguard Canadian Aggregate Bond Index ETF

# Holding Weight
1 Canadian Government Bond 69.2%
2 Hydro-Quebec 2.08%
3 Royal Bank of Canada 1.27%
4 Toronto-Dominion Bank/The 1.24%
5 CPPIB Capital Inc 1.08%
6 Bank of Nova Scotia/The 0.88%
7 Bank of Montreal 0.84%
8 Government of Newfoundland and Labrador 0.78%
9 Canadian Imperial Bank of Commerce 0.76%
10 Hydro One Inc 0.66%

ZDB BMO Discount Bond Index ETF

# Holding Weight
1 Canadian Government Bond . 0.50% 12/01/2030 70.34%
2 Sun Life Financial Inc 2.06% 10/01/2030 2.08%
3 Cppib Capital Inc 1.95% 09/30/2029 0.94%
4 Toronto-Dominion Bank/The 1.89% 03/08/2028 0.87%
5 Royal Bank of Canada 1.67% 01/28/2028 0.76%
6 Psp Capital Inc 2.05% 01/15/2030 0.73%
7 Intact Financial Corp 2.18% 05/18/2028 0.7%
8 Royal Bank of Canada 1.83% 07/31/2028 0.62%
9 Toronto-Dominion Bank/The 1.90% 09/11/2028 0.6%
10 Pembina Pipeline Corp 3.31% 02/01/2030 0.57%
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