Canadian Aggregate Bond Index ETF Review (VAB) 2024

Last Updated: 3/7/2024

Wealth Awesome Rating: 85/100
This fixed income ETF has an MER of 0.09%. With lower than average fees, it’s a cost-effective option. Managing 376 million in assets, it’s widely trusted by investors. Suitable for those preferring stability with a low to medium risk tolerance.
 
The Wealth Awesome ETF rating is based on identifying ETFs that are popular and well used, while keeping costs low.

VAB trades on the TSX exchange.
Looking to invest in fixed income? Consider an fixed income ETF as an easy way to get access. The Canadian Aggregate Bond Index (VAB) is one of the most popular ETF’s in Canada by market cap. Let’s take a closer look at this ETF here.  

What is the Canadian Aggregate Bond Index ETF

A general equity ETF, aiming for growth by investing in a broad range of stocks. This ETF has an MER of 0.09%. This ETF trades on the TSX exchange.

VAB stock price and other stats

ETF Key Stats

Exchange: TSX

Assets Under Management: $376MM

Expense Ratio: 0.09%

Price: $22.67 (Updated: 3/7/2024)



Seeks to track the performance of the Bloomberg Global Aggregate Canadian Float Adjusted Bond Index to the extent possible and before fees and expenses.

Canadian Aggregate Bond Index (VAB) Sector Breakdown

SectorEquity %Relative to Category
Basic Materials08.44114
Consumer Cyclicals04.75016
Financial Services036.13461
Real Estate06.18468
Communication Services04.55358
Energy019.99227
Industrials011.8791
Technology01.73595
Consumer Defensive01.46712
Healthcare00.04268
Utilities04.81871

Canadian Aggregate Bond Index (VAB) Sector Breakdown

SectorEquity %Relative to Category
Basic Materials08.44114
Consumer Cyclicals04.75016
Financial Services036.13461
Real Estate06.18468
Communication Services04.55358
Energy019.99227
Industrials011.8791
Technology01.73595
Consumer Defensive01.46712
Healthcare00.04268
Utilities04.81871

Canadian Aggregate Bond Index (VAB) Geographic Breakdown

RegionEquity %Relative to Category
North America099.574
United Kingdom00.3908
Europe Developed00.017
Europe Emerging00
Africa/Middle East00
Japan00
Australasia00
Asia Developed00
Asia Emerging00.006
Latin America00.012

VAB Management Expense Ratio

VAB has a management expense ratio of  0.09% . The MER is significantly lower than what you can get with a mutual fund product offered by large banks.  


How to Buy  Canadian Aggregate Bond Index TSX ETF

You can buy  VAB on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:  
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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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